National - by Surekha Ratnatunga on Wednesday, April 22, 2009 12:30 - 0 Comments - 42 views
David Kellerman, the acting chief financial officer of mortgage lending giant Freddie Mac, died Wednesday morning in an apparent suicide. He was 41.
Police said there were no signs of foul play at Kellerman’s North Virginia home and he appears to have been alone when he died.
Before entertaining thoughts that this is retributive justice, it is important to note that Kellerman became the CFO of Freddie Mac after the company came under government control in September 2008. Kellerman was not high-profile—he was previously involved with finance-related roles in the company. He served more than 16 years with Freddie Mac.
As CFO, Kellerman oversaw the financial controls, planning and reporting. His death comes a month after David Moffet resigned as CEO of Freddie Mac.
With $60 billion in federal aid and 13 million home loans on its books, Freddie Mac seems to be suffering crisis within a crisis.











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