Freddie Mac CFO Suicide – David Kellermann Reported Directly to CEO

Freddie Mac CFO Suicide - David Kellermann Reported Directly to CEO

Must be tough living on mere $8 Million a year. So tough one would have to commit suicide cause how otherwise was David Kellermann, acting CFO of mortgage monster Freddie Mac supposed to make ends meet? Actually, I made the $8 Million a year figure up, but I wouldn’t be surprised if that was David Kellermann’s annual pay. Afterall, being chief financial officer of Freddie Mac, he was reporting directly to recently resigned CEO David Moffett. Must be tough being Freddie Mac CFO. I’m talking suicide tough.

The news of Freddie Mac CFO suicide is very fresh. David Kellermann was only found dead earlier today. The police received the 911 call at 4.48am and officers were dispatched to a $900k villa in Hunter Mill Estates in suburban Virginia where David Kellermann lived with his wife. At this time there hasn’t been much detail released by the police, but there is no suspicion of foul play, plus David Kellermann apparently left a suicide note.

David Kellermann was made a CFO of Freddie Mac in September 2008 after working for the company for 16 years. When he got the post, it was just after US government had seized control of Freddie Mac following their $50 billion a year loss and gave it a bailout of $45 Million. Way to nominate your CFO, Freddie Mac. Give high paying jobs to suicidals who can’t bear crap. Suicide is for the weak anyway.

As of a few minutes ago, a statement with updates on Freddie Mac CFO Suicide has been released by Treasury Secretary Timothy Geithner who said on behalf of the treasury that they are deeply saddened by the new of David Kellermann’s death. No actual updates on how he committed suicide yet.

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