Freddie Mac CFO Reportedly Found Dead
Suicide Suspected
David Kellermann, Freddie Mac's acting chief financial officer and senior vice president, was found dead Wednesday morning in an apparent suicide, according to news reports.
Fairfax County Police officials responded to his Northern Virginia home around 5 a.m. after his wife alerted them that he had committed suicide, reports said.
McLean, Va.-based Freddie Mac and sibling company Fannie Mae, which together own or back more than half of the home mortgages in the country, have been hobbled by skyrocketing loan defaults and have received about $60 billion in combined federal aid.
The 41-year-old Kellermann was named acting chief financial officer in September 2008, after the resignation of Anthony "Buddy" Piszel, who stepped down after the September 2008 government takeover. The chief financial officer is responsible for the company's financial controls, financial reporting and oversight of the company's budget and financial planning.
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