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Freddie Mac's acting CFO found dead

her209

No Lifer
link

NEW YORK (MarketWatch) -- David Kellermann, the acting chief financial officer of Freddie Mac was found dead Wednesday at his home in Virginia, according to Washington, D.C., television station WUSA. The report said that Kellermann's wife told local police that it was a suicide. Kellermann, whose age was listed in the report as 41, had worked at Freddie Mac for more than 16 years and was named acting CFO in September 2008. End of Story
What was it that Senator Chuck Grassley said, "resign or go commit suicide"?
 
Originally posted by: Genx87
Conspiracy alert!

Isnt there supposed to be a report about corruption surrounding bailout money?

Either that or this guy takes over and sees what the last CFO/CEO did and blows his brains out.


But there must be some fraud. He was made CFO after the "mess". So either he was part of it beofre and/or is one of the people being looked at.
 
Originally posted by: nobodyknows
Now that's what I call a well deserved "bonus".

RIP

Pretty tacky. This guy stepped into the situation after it fell apart and was trying to remedy it.

That's like wishing a fireman dies in a fire.
 
Possibility of Government Assisted "Suicide?" Maybe he saw the books, knew too much, and was ready to rat out...

Why would a 41 year old with a family take himself out? Doesn't really make a lot of sense to me...
 
Originally posted by: Pneumothorax
Possibility of Government Assisted "Suicide?" Maybe he saw the books, knew too much, and was ready to rat out...

Why would a 41 year old with a family take himself out? Doesn't really make a lot of sense to me...

he hung himself.... so it's harder to "assist" an unwilling person in that method. unless, if he's drugged first. but suicide should never be the way out.
 
Originally posted by: Thump553
Originally posted by: nobodyknows
Now that's what I call a well deserved "bonus".

RIP

Pretty tacky. This guy stepped into the situation after it fell apart and was trying to remedy it.

That's like wishing a fireman dies in a fire.

He worked there for 16 years, so I'm thinking he played a role in starting that fire.

Mr Kellermann has worked for Freddie Mac for more than 16 years and was made acting chief financial officer when the lender was seized by the Government.

He was also a senior vice-president of the company. Before being appointed to the finance officer's role he was Freddie Mac's principal accounting officer.

http://www.timesonline.co.uk/t...cas/article6147217.ece

 
First, it's a tragedy, whatever the situation.

Second, we don't have he facts - guilt for wrongdoing, stress, personal issues, etc.
 
Originally posted by: ProfJohn
Originally posted by: nobodyknows
Now that's what I call a well deserved "bonus".

RIP
You are a worthless person and on attempt to explain away your comment will be sufficient.

I don't expect most of you to be capable of seeing the poetic justice involved here.
 
Originally posted by: nobodyknows
Originally posted by: ProfJohn
Originally posted by: nobodyknows
Now that's what I call a well deserved "bonus".

RIP
You are a worthless person and on attempt to explain away your comment will be sufficient.

I don't expect most of you to be capable of seeing the poetic justice involved here.
What justice?? This isn't a criminal. His only crime is being greedy, and if that crime is punishable by death then nearly everyone who made this a great country should have killed themselves.
 
Originally posted by: ProfJohn
Originally posted by: nobodyknows
Originally posted by: ProfJohn
Originally posted by: nobodyknows
Now that's what I call a well deserved "bonus".

RIP
You are a worthless person and on attempt to explain away your comment will be sufficient.

I don't expect most of you to be capable of seeing the poetic justice involved here.
What justice?? This isn't a criminal. His only crime is being greedy, and if that crime is punishable by death then nearly everyone who made this a great country should have killed themselves.

I would venture that he was more then just greedy. It would seem to me he had elevated the pursuit of money and success above all else. It alos needs to be pointed out to you that WE didn't execute him, he was his own judge, jury, and executioner, may he RIP.
 
Originally posted by: ProfJohn
Originally posted by: nobodyknows
Originally posted by: ProfJohn
Originally posted by: nobodyknows
Now that's what I call a well deserved "bonus".

RIP
You are a worthless person and on attempt to explain away your comment will be sufficient.

I don't expect most of you to be capable of seeing the poetic justice involved here.
What justice?? This isn't a criminal. His only crime is being greedy, and if that crime is punishable by death then nearly everyone who made this a great country should have killed themselves.

You do realize that it may only be money to you but this financial crisis has taken many people to the brink- and beyond. Other people have lost their lives over their sudden poverty because of this crisis so it's kind of hard to feel sorry for some people responsible for it.
 
Originally posted by: Dari
You do realize that it may only be money to you but this financial crisis has taken many people to the brink- and beyond. Other people have lost their lives over their sudden poverty because of this crisis so it's kind of hard to feel sorry for some people responsible for it.

We liberals have spent years trying to passionately warn others who put those people in power of the dangers; it could be an 'I told you so', but that's pretty pointless.

Sympathy and concern is more constructive; they didn't listen, the price is being paid, now trying to fix things together is more helpful than trying to claim credit.

The main point to the history is to try to have lessons learned.

If we can go after 'justice' - charge and imprison the criminals - great.

But even there, the benefits are small, and the main thing is to learn how to set up the system to prevent the re-occurance for the next crisis.
 
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