Freddie Mac's acting CFO found dead

her209

No Lifer
Oct 11, 2000
56,336
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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"?
 

Genx87

Lifer
Apr 8, 2002
41,091
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Conspiracy alert!

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

Vette73

Lifer
Jul 5, 2000
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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.
 

JSFLY

Golden Member
Mar 24, 2006
1,068
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Originally posted by: her209
link
What was it that Senator Chuck Grassley said, "resign or go commit suicide"?

Now if only guys like Madoff and Stanford would commit suicide.....

 

Thump553

Lifer
Jun 2, 2000
12,837
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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.
 

Pneumothorax

Golden Member
Nov 4, 2002
1,181
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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...
 

Pepsei

Lifer
Dec 14, 2001
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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.
 

nobodyknows

Diamond Member
Sep 28, 2008
5,474
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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

 

trooper11

Senior member
Aug 12, 2004
343
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well its good that so many people that claim to have compassion would be the least bit happy with this outcome.
 

Craig234

Lifer
May 1, 2006
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First, it's a tragedy, whatever the situation.

Second, we don't have he facts - guilt for wrongdoing, stress, personal issues, etc.
 

ProfJohn

Lifer
Jul 28, 2006
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Originally posted by: nobodyknows
Now that's what I call a well deserved "bonus".

RIP
You are a worthless person and no attempt to explain away your comment will be sufficient.
 

nobodyknows

Diamond Member
Sep 28, 2008
5,474
0
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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.
 

ProfJohn

Lifer
Jul 28, 2006
18,161
7
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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.
 

nobodyknows

Diamond Member
Sep 28, 2008
5,474
0
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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.
 

Dari

Lifer
Oct 25, 2002
17,133
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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.
 

Craig234

Lifer
May 1, 2006
38,548
350
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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.