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Freddie Mac CFO found dead ~ 41 years of age ~ Suicide possible

By MATT SMALL, Associated Press Writer – 40 mins ago

WASHINGTON – David Kellermann, the acting chief financial officer of mortgage giant Freddie Mac, was found dead at his home Wednesday morning in what police said was an apparent suicide.

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.

McLean-based Freddie Mac has been criticized heavily for reckless business practices that some argue contributed to the housing and financial crisis. Freddic Mac is a government-controlled company that owns or guarantees about 13 million home loans. CEO David Moffett resigned last month.

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Posted by Sean Dreznin, Commercial Investment Real Estate Agent on 04/22/2009 08:13 AM

Comments (6)

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6 Comments on Freddie Mac CFO found dead ~ 41 years of age ~ Suicide possible

APR

Good Morning, I just saw this breaking news on the homepage of yahoo. It is horrible and apparantly they are calling it a suicide. Back to the drawing board on what everyone is suppose think and feel on our housing market

This man certainly took the stress of that position and the distressing news and stories that came with it to heart.

My thoughts are with his family.

Sean

When people start taking their own lives, that's when we have to stop and look at ourselves and ask if it is really worth it. This is terrible news and one we can all learn a lesson from. Greed is evil.

Wow. I hadn't seen that yet. Pretty sad ending to a sad story.

Indeed Judy and Indeed Jared.

APR

Unbelievable. I knew that was some foul play going on there, but it can't be worth taking your own life.

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