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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on April 22, 2009, 05:21:45 AM
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Acting CFO of Freddie Mac commits suicide
April 22, 2009 - 8:16am
David Kellermann
VIENNA, Va. -- The acting chief financial officer of Freddie Mac, David Kellermann, has apparently committed suicide, Fairfax County Police tell WTOP.
Fairfax County Police spokeswoman Mary Anne Jennings says Kellermann, 41, was found at his Hunter Mill Estates home Wednesday morning.
Jennings says police responded to the home after family members called police around 5 a.m.
"We were called from inside the house to come investigate an apparent suicide," Jennings says.
Because of legal ramifications, Jennings says she can't describe the nature of the suicide.
"We're not to give you details of the condition of the body, except to say it was an apparent suicide," Jennings says.
A final determination that his death was a suicide will come from a medical examiner.
Kellermann has been with Freddie Mac for more than 16 years.
He was named acting chief financial officer of the agency in September 2008. He took over after Anthony "Buddy" Piszel resigned.
As CFO, Kellermann is responsible for the company's financial controls, financial reporting and oversight of the company's budget and financial planning.
Freddie Mac has declined to comment.
(Copyright 2009 by WTOP. All Rights Reserved.)
VIENNA, Va. -- The acting chief financial officer of Freddie Mac, David Kellermann, has apparently committed suicide, Fairfax County Police tell WTOP.
Fairfax County Police spokeswoman Mary Anne Jennings says Kellermann, 41, was found at his Hunter Mill Estates home Wednesday morning.
Jennings says police responded to the home after family members called police around 5 a.m.
"We were called from inside the house to come investigate an apparent suicide," Jennings says.
Because of legal ramifications, Jennings says she can't describe the nature of the suicide.
"We're not to give you details of the condition of the body, except to say it was an apparent suicide," Jennings says.
A final determination that his death was a suicide will come from a medical examiner.
Kellermann has been with Freddie Mac for more than 16 years.
He was named acting chief financial officer of the agency in September 2008. He took over after Anthony "Buddy" Piszel resigned.
As CFO, Kellermann is responsible for the company's financial controls, financial reporting and oversight of the company's budget and financial planning.
Freddie Mac has declined to comment.
(Copyright 2009 by WTOP. All Rights Reserved.)
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There must be some serious bad info coming down the pike.
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i smell bullshit on the suicide. How often do these big wigs off themselves? these guys are worth millions. He was young too.
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Maybe the name 'Fanny' got to him...
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Maybe the name 'Fanny' got to him...
This smells really bad.
either he was off'ed or he engaged in some serious fraud that is going to come out soon.
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This smells really bad.
either he was off'ed or he engaged in some serious fraud that is going to come out soon.
Yeah, I agree 'Fanny' smells really bad sometimes... :-X Enough to drive one to suicide.
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Yeah, I agree 'Fanny' smells really bad sometimes... :-X Enough to drive one to suicide.
Vince Foster anyone?????
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This smells really bad.
either he was off'ed or he engaged in some serious fraud that is going to come out soon.
Yep--my first thought when I read your subject, before I even clicked on the link--"This can't bode well for Freddie Mac."
I'm thinking your option b) is probably the case--Kellermann took the cowardly way out before the shit hits the fan. Now I'm just waiting for the other shoe to drop.
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good riddance 17 years with freddie mac what a crook
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Yep--my first thought when I read your subject, before I even clicked on the link--"This can't bode well for Freddie Mac."
I'm thinking your option b) is probably the case--Kellermann took the cowardly way out before the shit hits the fan. Now I'm just waiting for the other shoe to drop.
Didn't the shit it the fan last fall? Why commit suicide now? He just took his latest job in September and his title was still "acting" CFO. Something is not right. If this guy was Japanese I would buy it as their business execs have the decency to off themselves when they lose billions, but a 41 year old American killing him self now? The timing doesn't add up. He could have easily retired or quit and still been fine.
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Vince Foster anyone?????
I agree that there could be foul play here or it could be that there is bad shit about to hit that he didn't want to deal with but LOL at how righties become conspiracy theorists when a dem is in office and take the skeptic high ground when a republican is in.
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Looks like Obama gave the order once again to take out the bad guy.
Maybe he should have resigned like the other dude did when Obama suggested it.
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Looks like Obama gave the order once again to take out the bad guy.
Maybe he should have resigned like the other dude did when Obama suggested it.
He was there for 16 years. This guy probably knows a lot and engaged in cooking the books which is about to come out.
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He was there for 16 years. This guy probably knows a lot and engaged in cooking the books which is about to come out.
yes knew too much about
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yes knew too much about
Something is up with this.
Maybe he was Barney Franks' boy toy and it was about to be exposed and he did not want to face his family????
Remember, Barney Frank was very close to Fanny/Freddy.
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Something is up with this.
Maybe he was Barney Franks' boy toy and it was about to be exposed and he did not want to face his family????
Remember, Barney Frank was very close to Fanny/Freddy.
barney has a partner now. sorry to disappoint
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Something is up with this.
Maybe he was Barney Franks' boy toy and it was about to be exposed and he did not want to face his family????
Remember, Barney Frank was very close to Fanny/Freddy.
A shocking crime was committed on the unscrupulous initiative of few individuals, with the blessing of more, and amid the passive acquiescence of all.
-Tacitus
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barney has a partner now. sorry to disappoint
Im sure Barney would not mind a stable of young guys.
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I agree that there could be foul play here or it could be that there is bad shit about to hit that he didn't want to deal with but LOL at how righties become conspiracy theorists when a dem is in office and take the skeptic high ground when a republican is in.
If I got an $800K bonus last month (as this guy did) I would not be killing myself. 8)
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If I got an $800K bonus last month (as this guy did) I would not be killing myself. 8)
Whoa! Something is definately up here.
Also, most insurance policies dont pay out if suicide right???
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If suicide means..... he got his share of the bailout money, agrees not to speak about the orchestrated madness of this so called financial collapse, got a face lift/reconstruction and is now living on some remote island or foreign land with Ken Lay, Saddam Hussein and his sons, and a host of other 'CROOKS' who the gov claimed to have died, killed or committed suicide...then YEAH I BELIEVE IT..
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If suicide means..... he got his share of the bailout money, agrees not to speak about the orchestrated madness of this so called financial collapse, got a face lift/reconstruction and is now living on some remote island or foreign land with Ken Lay, Saddam Hussein and his sons, and a host of other 'CROOKS' who the gov claimed to have died, killed or committed suicide...then YEAH I BELIEVE IT..
Ya know these days medical science has come up with many wonderful medications for treating the type of paranoia that you seem to exhibit. There's no need to just attempt to live with it--now you have other options. Just sayin. :)
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Whoa! Something is definately up here.
Also, most insurance policies dont pay out if suicide right???
Nope. And, by the way, this was not one of those bonuses that had to give back under pressure. He got the $800K bonus and kept it. And let's be real, this guy was not making $50K a year. He was probably in the $200-400K range in annual salary.
As you say, something is definitely up. :-\
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Looks like even for some that were in on the ponzi scheme, it may have been to much on the conscience. I don't think there's anything foul about his death, ie murder.
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Extraordinary claims require extraordinary evidence.- Carl Sagan
Executives in America killing themselves is nothing new at all and certainly does not warrant an automatic default to a conspiracy or foul play.
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Extraordinary claims require extraordinary evidence.- Carl Sagan
Executives in America killing themselves is nothing new at all and certainly does not warrant an automatic default to a conspiracy or foul play.
Unless of course it involves Bush. ;D ;D ;D ;D
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Yep its only a matter of time before CT'ers descend on this.
But it just happened, not enough info yet.
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Yep its only a matter of time before CT'ers descend on this.
But it just happened, not enough info yet.
My personal belief is probably that he felt so guilty taking the 800k bonus knowing not only the fraud he committed, but damage that is coming down the pike as well. I saw a graph this morning about the mortgages set to re-set in the next few years that was shocking.
Sub-prime is going to be nothing compared to this. Even prime loans are defaulting at higher rates.
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My personal belief is probably that he felt so guilty taking the 800k bonus knowing not only the fraud he committed, but damage that is coming down the pike as well. I saw a graph this morning about the mortgages set to re-set in the next few years that was shocking.
Sub-prime is going to be nothing compared to this. Even prime loans are defaulting at higher rates.
Or maybe he wife was leaving him or was getting fired or would losing all his money some how, or his job etc....
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Ya know these days medical science has come up with many wonderful medications for treating the type of paranoia that you seem to exhibit. There's no need to just attempt to live with it--now you have other options. Just sayin. :)
I forgot to add... Keep an eye on BERNARD MADOFF...hey may suddenly "DIE" and then Um..get buried...on a remote tropical island or foreign land where the rest of the crooks are.... remember keep your eye on the obituaries
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Maybe he was going to reveal the extent of the leftist Community Reinvestment Act that forced Freddie Mac to make risky loans to uncreditworthy individuals.
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Unless of course it involves Bush. ;D ;D ;D ;D
Why do you say that? I have never accused Bush of anything that he did not actively do.
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Why do you say that? I have never accused Bush of anything that he did not actively do.
Ha ha.
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I agree that there could be foul play here or it could be that there is bad shit about to hit that he didn't want to deal with but LOL at how righties become conspiracy theorists when a dem is in office and take the skeptic high ground when a republican is in.
hahahaha no kidding. They spent the last 8 years defending every anomaly and suspension of physics laws... suddenly everyone who offs themself is the victim of some conspiracy.
Funny.
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I don't think he's the "victim of some conspiracy." I think it's very likely he was involved in some shady shit that will eventually come to light, whether or not it's directly involved with Freddie Mac.
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If this truly was a suicide, I would certainly expect something like future jail time, etc.. along with lack (or discontinuation) of necessary anti-depressant medication to be responsible.
When you think about it, the dude was young. It wasn't like the candle of his life was burning close to the end. For people like him, divorce wouldn't even phase them the slightest. Most con men are pretty emotionless in regards to other people and personal relationships with them.
It wouldn't surprise me to hear that his suicide originated from problems completely unrelated to the Freddy scandal.
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If this truly was a suicide, I would certainly expect something like future jail time, etc.. along with lack (or discontinuation) of necessary anti-depressant medication to be responsible.
When you think about it, the dude was young. It wasn't like the candle of his life was burning close to the end. For people like him, divorce wouldn't even phase them the slightest. Most con men are pretty emotionless in regards to other people and personal relationships with them.
It wouldn't surprise me to hear that his suicide originated from problems completely unrelated to the Freddy scandal.
Maybe a boyfriend?
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Maybe a boyfriend?
;D
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Maybe a boyfriend?
Perhaps. One could never really know this soon. We will just wait and see what dirt surfaces.
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All that was mentioned about Kellermann on the local news tonight focused on the increasing stress he had been working under for the past several months, and how this was the fifth high-profile suicide in the financial sector in as many months.
If this guy really hung himself over nothing more than job-related stress, how shallow is that??!? I mean, wtf, come on. It's just a job. I can state categorically--no job I could ever have would be worth ending my life over.
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All that was mentioned about Kellermann on the local news tonight focused on the increasing stress he had been working under for the past several months, and how this was the fifth high-profile suicide in the financial sector in as many months.
If this guy really hung himself over nothing more than job-related stress, how shallow is that??!? I mean, wtf, come on. It's just a job. I can state categorically--no job I could ever have would be worth ending my life over.
We just had a horrible murder suicide of a lawyer who strangled his whole family over a ponzi scheme he got caught running.
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All that was mentioned about Kellermann on the local news tonight focused on the increasing stress he had been working under for the past several months, and how this was the fifth high-profile suicide in the financial sector in as many months.
If this guy really hung himself over nothing more than job-related stress, how shallow is that??!? I mean, wtf, come on. It's just a job. I can state categorically--no job I could ever have would be worth ending my life over.
You weren't in his shoes. Maybe, he thought in addition to facing possible jail time, he would lose his wife, his house, his money and end up homeless broke, shamed and alone.
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You weren't in his shoes. Maybe, he thought in addition to facing possible jail time, he would lose his wife, his house, his money and end up homeless broke, shamed and alone.
He was not facing any legal trouble. Again, this behavior is not uncommon among these types. Goes to show you the type of nuts that tend to run these positions. Watch this:
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He was not facing any legal trouble. Again, this behavior is not uncommon among these types. Goes to show you the type of nuts that tend to run these positions. Watch this:
Well, their money is their life. If they lose their money why live?
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Well, their money is their life. If they lose their money why live?
It's dangerous to put all your hope in material things and to focus soley on your own situation because at times we can see our lives as terribly painful.
People can always start over. But when you're depressed and it seems like all hope is gone there can be that instant where you give up. Fight to get through it!
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It's dangerous to put all your hope in material things and to focus soley on your own situation because at times we can see our lives as terribly painful.
People can always start over. But when you're depressed and it seems like all hope is gone there can be that instant where you give up. Fight to get through it!
It such a sad thing because material things are so meaningless when compared to being involved and part of the lives of your children and family.
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It such a sad thing because material things are so meaningless when compared to being involved and part of the lives of your children and family.
That could be argued meaningless as well.
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That could be argued meaningless as well.
How so? what do you mean?
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You weren't in his shoes. Maybe, he thought in addition to facing possible jail time, he would lose his wife, his house, his money and end up homeless broke, shamed and alone.
More than likely, that's what happened. If it was a suicide. All men and women who are power-brokered people can't take the idea of being bereft or failing in that sense. Not so diff from other perspectives. Some people off themselves over honor or religion. Are those ideals any better?
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More than likely, that's what happened. If it was a suicide. All men and women who are power-brokered people can't take the idea of being bereft or failing in that sense. Not so diff from other perspectives. Some people off themselves over honor or religion. Are those ideals any better?
:o :o :o
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How so? what do you mean?
Individuals tend to have a great variance on what they place importance on.