Freddie Mac Acting Chief Financial Officer David Kellermann Found Dead; Apparent Suicide

April 22nd, 2009

Update: Hanging or Gunshot? Not Clear, Apparently

Suicide, though. Definitely a suicide. Trust us.

Via: AHN:

Police are not speculating on the cause of death of Freddie Mac’s acting head, David Kellermann, at this point and will leave it up to the medical examiner, Fairfax County Police Public Information Officer Lucy Caldwell told AHN Media.

Kellermann, 41, was found by Fairfax County Police after being called to his home in Hunter Mill estates in the Reston, VA area Wednesday morning.

However, there were “no signs of foul play. It’s under investigation. Police were called at 4:49 a.m.,” Fairfax County Police Public Information Officer Lucy Caldwell told AHN Media in a telephone interview.

Asked if the death was a suicide, Caldwell said they were leaving that determination up to the county medical examiner. She wasn’t sure if the body had been removed yet or not when AHN spoke to her at 8:30 a.m.

“We were just called to respond to an unattended death and it’s under investigation,” Caldwell said.

Although Caldwell told AHN that police have not yet released the identity of the person who called them, she did confirm to AHN that there were other people present in the house at the time of the death and that there was a gun and a gunshot wound.

—End Update—

Update: Note Sale Delayed Because of Death

—End Update—

Update: Hanging

Ah yes, hanging bankers. See: God’s Banker.

—End Update—

Every once in a while, workers in the sausage factory wind up in the grinder.

Via: Bloomberg:

Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in his home in the Washington suburbs, police said.

The death is under investigation, Fairfax County Police Officer Shelley Broderick said. Broderick said early reports from others in the department indicated Kellermann’s wife reported a suicide, though the cause of death hasn’t been determined by officers at the scene.

The Securities and Exchange Commission and the Justice Department have been questioning executives about accounting practices, according to company filings. Freddie and Fannie Mae, the mortgage-finance companies seized last year by the U.S. government, reported in September that they had received federal grand jury subpoenas and were the subject of an SEC inquiry.

Kellermann’s body was found at about 4:48 a.m. local time at a home in Reston, Virginia, police said. There were no signs of “foul play,” Broderick said.

Kellermann, who joined Freddie Mac in 1992, was promoted from corporate controller to acting CFO in September after the government seized control of the mortgage-finance company following losses amid the worst housing slump since the Great Depression.

As controller, Kellermann was the principal accounting officer, dealing with financial statements and disclosures, according to the company’s Web site.

Kellermann received a master’s degree in finance from George Washington University, after attending the University of Michigan. He was a volunteer board member with the D.C. Coalition for the Homeless, according to the Web site.

Research Credit: S

2 Responses to “Freddie Mac Acting Chief Financial Officer David Kellermann Found Dead; Apparent Suicide”

  1. anothernut says:

    Suicide or… crazed subprime mortgage evictee. It’s always one or [something like] the other. After all, because God likes us best, America is a “conspiracy-free zone”.

  2. anothershamus says:

    He will have been poisoned, stabbed and a stake driven through his heart in the next press release.

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