Virginia police investigate Freddie Mac CFO hanging!

2009-04-23 02:46:49 (GMT) (JusticeNewsFlash.com - Business Litigation, Justice News Flash)

Wiki Image:Freddie Mac CFO found dead in Virginia home

Fairfax County police find Freddie Mac’s CFO dead in his Vienna home.

Washington, D.C.(JusticeNewsFlash.com)–Fairfax County police officers responded to a call, by an unnamed person in the home of acting Chief Financial Officer of the faultering mortagage giant Freddie Mac, at about 5 a.m. Wednesday morning. As reported by the Washington Post, 41 year-old, CFO David Kellerman, who had joined Freddie Mac in 1992 as an analyst, was found hanging in his Hunter Mill Estates home in Vienna, Virginia.

According to Fairfax County investigators, Kellerman was found hanging, in the basement of his home located on the corner of Raleigh Hill Road in the 1700 block. Kellerman was appointed acting CFO, of Freddie Mac www.FreddieMac.com in September 2008, after the United States government seized the suspected corrupt mortgage company and eliminatied all of its top executives. Freddie Mac and its sister corporation Fannie Mae www.FannieMae.com accepted $60 billion in federal governement bailout money. When the government took over both of the mortgage companies, when the nationwide subprime loan crisis escalated last fall, they were placed by the Federal Housing Finance Agency (FHFA) www.fhfa.gov, its acting regulator, under their conservatorship. The federal government has been actively seeking a permanent Chief Financial Officer.

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