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Freddie Mac CFO Commits Suicide

April 22. 2009

David Kellerman (AP)

The CEO of mortgage institution Freddie Mac, David Kellermann, 41, regrettably committed suicide yesterday. He hung himself.

Those that knew him believe the strain of the job he accepted last September, after the government ousted former executives, had become too much for him. He leaves behind a wife and child.

America has been hit with an unprecedented number of foreclosures, the highest in U.S. history, with no end in sight. It is mind boggling.

President Obama, shall need the advice of financial counselors and a therapist, in a bid to prevent his head from caving in, due to the historic, high levels of stress this financial upheaval is spawning.

 

Freddie Mac Acting CFO Kellermann Found Dead

NEW YORK(Dow Jones)--The acting chief financial officer of Freddie Mac (FRE), David Kellermann, was found dead at his home early Wednesday, according to Fairfax County police.

There were "no signs of foul play," said Officer Shelley Broderick of the Fairfax County Police Department. She said police found Kellermann's body after responding to a call made at 4:48 a.m.

Kellermann's wife told local police he committed suicide, Washington, D.C., television station WUSA reported, citing sheriff's deputies in Fairfax County, Va…

http://online.wsj.com

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