Freddie Mac CFO found dead of apparent suicide

April 22, 12:04 PMUpper Marlboro Headlines ExaminerJoanne Wallington

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As I was getting ready for work, I just saw breaking news on NBC4 that the acting CFO of Freddie Mac - David Kellermann, 41, was found dead in his home in Alexandria of an apparent suicide.

Update from CNN:  Kellerman apparently hanged himself.

The CNN article also says that Freddic Mac disclosed in regulatory filings that employees were being interviewed for their involvement in the risky securities products Freddic Mac purchased that caused the company massive losses.

Kellerman has been Freddie Mac's chief financial officer since September.  He worked for Freddie Mac for over 16 years.

Update from the Washington post.

Freddie Mac, along with its sister company Fannie Mae, were rescued by the government last year because of the massive amounts of risky mortgages on its books.  They received bailouts to the tune of $60 billion dollars. 

Freddie Mac was conducting a public search for Kellermann's permanent replacement.

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