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Wednesday, 04/22/2009 11:29:41 AM

Wednesday, April 22, 2009 11:29:41 AM

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This article is so sad and speaks volumes about corruption and about what emotional strain can do to a person...

Freddie Mac CFO Hangs Himself


The body of the Chief Financial Officer of government-owned mortgage behemoth Freddie Mac was found hanging in the basement of his Virginia home in an apparent suicide, police are saying.

David Kellermann, 41, was a sixteen-year veteran of Freddie Mac.

He became CFO last September when the government assumed control of the agency.

Prior to becoming CFO, Kellermann was corporate controller and principal accounting officer - meaning it is highly likely that he had a bird’s eye view of all the Enron accounting that was taking place at the agency.

Securities reports show that Kellermann was slated to receive a $850,000 bonus this year.

Police said there was no evidence of foul play, and that Kellerman’s body was discovered by his wife.

http://www.fitsnews.com/2009/04/22/freddie-mac-cfo-hangs-himself/


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