Media On Freddie Mac CFO Suicide

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This morning we all woke up learning the news about Freddie Mac CFO Suicide David Kellerman. This is a said news that shook the real estate and mortgage lending industries because Freddie Mac is THE player in the mortgage lending industry.

In this story we will attempt to cover what the mainstream media has so far written on Freddie Mac CFO David Kellerman's apparent suicide.

FoxNews Politics writes "The acting chief financial officer of Freddie Mac was found dead in his home Wednesday morning of an apparent suicide, Fairfax, Va., police have confirmed to FOX News. Kellermann, a 16-year veteran of the mortgage loan guarantor, was discovered by his wife, who found him in the basement. The two have a young daughter."

Writing about Freddie Mac CFO suicide Wtop.com says "he had been named acting chief financial officer in September 2008, taking over after Anthony "Buddy" Piszel resigned. Freddie Mac's CFO David Moffett resigned last month. Government-controlled Freddie Mac, based in McLean, has been criticized heavily for reckless business practices. Some say those practices contributed to the nation's housing and financial crisis. Freddic Mac owns or guarantees about 13 million home loans."

Huffpost comments "Mary Ann Jennings, director of public information for the Fairfax County, Va., Police Department, said Kellermann was found dead in his Reston, Va., home. The 41-year-old Kellermann has been Freddie Mac's chief financial officer since September. Jennings said that a crime scene crew and homicide detectives were investigating the death, but that there didn't appear to be any sign of foul play."

Politico writes "tragedy struck Freddie Mac Wednesday morning... John Koskinen, Freddie Mac's interim CFO, confirrmed Kellerman's death Wednesday morning, calling the 16-year Freddie Mac veteran "a man of great talents."

"His extraordinary work ethic and integrity inspired all who worked with him. But he will be most remembered for his affability, his personal warmth, his sense of humor and his quick wit. David was a friend to many in the Freddie Mac family, and we mourn his passing," he said."

Freddie Mac CFO suicide has raised many questions. Is it a suicide or an apparent suicide, the medical examiners will answer that question. Is it related to his work or not? David Kellerman was the interim CFO according to Politico and according to Freddie Mac's website, Kellermann was responsible for the company's financial controls, financial reporting, tax, capital oversight, and compliance with the requirements of Sarbanes-Oxley. He also oversaw the company's annual budgeting and financial planning processes.

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