CFO David Kellermann of Freddie Mac Commits Suicide

Freddie Mac Official Dead in Apparent Suicide

Tough year for consumer finance. People use online cash advance loans and credit cards to dig in where their paychecks don’t go, but habitual use can create trouble. It has also been a rough year for American high finance. Small and large banks have collapsed under the weight of their own irresponsible lending (special thanks to ACORN and Self-Help, Inc. for that recession bomb). The largest financial institutions have begged at the doorstep of Obama’s big top government, and they have made off with billions of dollars. Whatever confidence investors and the general public had in this system is severely damaged. One would hope that it is not permanent.

Then there are big time lenders like Fannie Mae and Freddie Mac. They have disgraced themselves (again, with ACORN and Self-Help, Inc.’s assistance) before the eyes of the taxpaying public, and the day-to-day efforts to rebuild credibility must weigh on their consciences like a great millstone.

But money and public opinion are never worth more than a life. Sadly, acting CFO David Kellermann of Freddie Mac may have taken his own life over it.

A horrific story

Tom Jackman, Debbi Wilgoren and Zachary Goldfarb of the Washington Post report that David Kellermann was found dead in his Fairfax County home after apparently committing suicide, Fairfax police said. ... click here to read the rest of the article titled "CFO David Kellermann of Freddie Mac Commits Suicide"