Freddie Mac CFO Commits Suicide

Freddie Mac CFO David Kellerman has killed himself, DC’s WUSA9 reports.

David Kellermann, Acting Chief Financial Officer and Senior Vice President of Freddie Mac, was found dead this morning.

Fairfax County Police officials tell 9NEWS NOW they responded to his home around 5 a.m. after his wife alerted them to his suicide.

Kellermann was 41 years old.

According to Freddie Mac’s website, Kellerman was with Freddie Mac for more than 16 years and named Acting Chief Financial Officer in September.

Whether this was related to the stresses of the job, mental illness, or some other factor is unknown.  A shame, in any case.

via Josh Marshall

FILED UNDER: Economics and Business, Obituaries, , , ,
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  1. G.A.Phillips says:

    Sad very sad. So who was the dude calling for CEO’S and other financial people to do this again?

    I hope he or they are happy.

  2. SV says:

    Hopefully the first of many.

  3. DC Loser says:

    From the Wall Street Journal:

    Mr. Kellermann’s job made him responsible for financial controls and reporting at Freddie Mac, a housing-finance company backed by the federal government. He had been with the company for more than 16 years, starting as a financial analyst and auditor in 1992, according to the company’s Web site.

    Investigators from the Securities and Exchange Commission and Justice Department have been questioning officials of Freddie Mac about possible accounting violations and other matters in recent months, the company disclosed in March.

    Freddie disclosed in the recent SEC filing that in September it received a federal grand jury subpoena from the U.S. Attorney’s Office for the Southern District of New York seeking documents related to accounting, disclosure and corporate-governance matters. That subpoena was later withdrawn, Freddie has disclosed, and the investigation was taken over by the U.S. Attorney’s Office for the Eastern District of Virginia.

    Freddie said the SEC also is investigating and has told the company to preserve documents. Freddie has said it is “cooperating fully in these matters.”

    Maybe it’s related to that?

  4. FranklinTest says:

    I’m sure Senator Grassley is pleased.

  5. Phil Smith says:

    Damn shame.

    SV, you’re an ass.