Forums | MacLife
You are not logged in.
#1 2009-04-22 12:04 pm
- Bat
- Flawless Cowboy
- Royal Wombat
- From: Björk, Björk
- Registered: 2001-05-14
- Posts: 28541
Freddie Mac acting CFO commits suicide
WASHINGTON - David Kellermann, the acting chief financial officer of money-losing mortgage giant Freddie Mac was found dead at his home Wednesday morning in what police said was an apparent suicide.
The Fairfax County police responded to a 911-call at 4:48 a.m. at the suburban Virginia home Kellermann shared with his wife. The police would release the cause of death or say if a suicide note was found.
Kellermann, 41, lived in Hunter Mill Estates, a well-off neighborhood of large single-family homes with manicured lawns. County records show Kellermann’s home is worth about $900,000.
Paul Unger, who lives across the street from the Kellermanns, called the family a “solid, salt-of-the-earth kind of family” that hosted the neighborhood’s Halloween party. “He was just a nice guy ... You cannot imagine what kind of pressures he must have been under,” Unger said.
Kellermann worked for Freddie Mac for the past 16 years and was named acting chief financial officer last September when the government seized control of the company to keep it from failing. Freddie Mac lost more than $50 billion last year, and the government has pumped in $45 billion to keep the company afloat.
The Securities and Exchange Commission and the Justice Department have recently been questioning Freddie Mac officials about possible accounting violations and other matters in recent months, according to news reports.
If all economists were laid end to end, they would not reach a conclusion - George Bernard Shaw
"Fire up a colortini, sit back, relax, and watch the pictures, now, as they fly through the air."
Offline
#2 2009-04-22 12:19 pm
- dv
- Negusa Negest
- Moderator
- From: Minneapolis, MN
- Registered: 1999-08-30
- Posts: 18096
Re: Freddie Mac acting CFO commits suicide
Huh.
I'm thinking... 2 weeks before we find out what he knew.
He must have been looking at prison: seems obvious by now that career financiers don't commit suicide out of shame.
Poor kids.
"Now commences the process of cutting off the head, which generally takes from an hour to an hour and a half by an expert workman with a sharp blade." -Reuben Delano, Wanderings and Adventures
Offline
#3 2009-04-22 12:33 pm
- wellfleation
- High on Life
- From: Metheun, Mass.
- Registered: 2001-11-13
- Posts: 8683
Re: Freddie Mac acting CFO commits suicide
You hang yourself to send a message.
FIGHT
POWEROffline
#4 2009-04-22 12:44 pm
- dv
- Negusa Negest
- Moderator
- From: Minneapolis, MN
- Registered: 1999-08-30
- Posts: 18096
Re: Freddie Mac acting CFO commits suicide
wellfleation wrote:
You hang yourself to send a message.
When you're the head of a huge and well known corporation, your resignation, press conference, and book deal send an ample message.
"Now commences the process of cutting off the head, which generally takes from an hour to an hour and a half by an expert workman with a sharp blade." -Reuben Delano, Wanderings and Adventures
Offline
#5 2009-04-22 1:28 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: Freddie Mac acting CFO commits suicide
One down, lots to go. There are plenty more financial execs who should be feeling acute shame with only one way out.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
Offline
#6 2009-04-22 1:28 pm
- DevoDoc
- Vardøger
- From: The East Wing
- Registered: 2003-05-27
- Posts: 2711
Re: Freddie Mac acting CFO commits suicide
dv wrote:
wellfleation wrote:
You hang yourself to send a message.
When you're the head of a huge and well known corporation, your resignation, press conference, and book deal send an ample message.
No kidding. My message would be "I'm spending my retirement in a Caribbean tax shelter sipping piña coladas and smoking Cubans. F all you guys."
Last edited by DevoDoc (2009-04-22 1:29 pm)
We also know how cruel the truth often is, and we wonder whether delusion is not more consoling. - Henri Poincaré
Offline
#7 2009-04-22 1:31 pm
- Bat
- Flawless Cowboy
- Royal Wombat
- From: Björk, Björk
- Registered: 2001-05-14
- Posts: 28541
Re: Freddie Mac acting CFO commits suicide
Shame, a possible depressive streak and a desire to spare one's family something possibly worse than one's own passing... sounds atypical for Wall street. Sad, but points to him.
If all economists were laid end to end, they would not reach a conclusion - George Bernard Shaw
"Fire up a colortini, sit back, relax, and watch the pictures, now, as they fly through the air."
Offline
#8 2009-04-22 2:00 pm
- wellfleation
- High on Life
- From: Metheun, Mass.
- Registered: 2001-11-13
- Posts: 8683
Re: Freddie Mac acting CFO commits suicide
Message conveyed: "I'm a piece a smurf"
FIGHT
POWEROffline
#9 2009-04-22 5:20 pm
- Pariah
- James Carville Fan..
- From: Belly Of The Beast, Oklahoma!
- Registered: 2001-05-24
- Posts: 18425
Re: Freddie Mac acting CFO commits suicide
I hope this represents a trend soon to sweep the financial sector.
"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama
Offline
#10 2009-04-22 5:26 pm
- JakeTheTall
- Cargo Cultist
- From: In Permanent Opposition
- Registered: 2003-03-13
- Posts: 9615
Re: Freddie Mac acting CFO commits suicide
This thread has a lot of ugly, dehumanizing thoughts in it.
Jesus said to the servants, "Fill the jars with water"; so they filled them to the brim. Then he told them, "Now draw some out and take it to the master of the banquet." They did so, and the master of the banquet tasted the water that had been turned into wine. He did not realize where it had come from, though the servants who had drawn the water knew.
Offline
#11 2009-04-22 5:33 pm
- Farmerkev
- Official Dementor
- Moderator
- Registered: 2003-01-03
- Posts: 18624
Re: Freddie Mac acting CFO commits suicide
JakeTheTall wrote:
This thread has a lot of ugly, dehumanizing thoughts in it.
Yes it does but it's quite illuminating.
Do your part to combat global warming.
Eat a cow.
Offline
#12 2009-04-22 7:05 pm
- Pariah
- James Carville Fan..
- From: Belly Of The Beast, Oklahoma!
- Registered: 2001-05-24
- Posts: 18425
Re: Freddie Mac acting CFO commits suicide
Illuminati
"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama
Offline
#13 2009-04-22 8:50 pm
- Graphic Autist
- Scumdog of the Universe
- From: Antarctica
- Registered: 2003-06-08
- Posts: 1044
- Website
Re: Freddie Mac acting CFO commits suicide
Pariah wrote:
I hope this represents a trend soon to sweep the financial sector.
Hooray!
If that sounds morbid, tough smurf.
Mac Pro 2.66 ghz Quad Core - 9 GB RAM - Mac OS X 10.6.2 & 10.5.8
MacBook Pro 2.4 ghz Intel Core 2 Duo - 4 GB RAM - Mac OS X 10.6.2
G4 MDD Dual 1.25 ghz - 2 GB RAM - Mac OS X 10.5.8
Offline
#14 2009-04-22 11:39 pm
- wellfleation
- High on Life
- From: Metheun, Mass.
- Registered: 2001-11-13
- Posts: 8683
Re: Freddie Mac acting CFO commits suicide
JakeTheTall wrote:
This thread has a lot of ugly, dehumanizing thoughts in it.
Better?
FIGHT
POWEROffline
#15 2009-04-23 1:35 am
- Bat
- Flawless Cowboy
- Royal Wombat
- From: Björk, Björk
- Registered: 2001-05-14
- Posts: 28541
Re: Freddie Mac acting CFO commits suicide
Crocodile tears don't count.
If all economists were laid end to end, they would not reach a conclusion - George Bernard Shaw
"Fire up a colortini, sit back, relax, and watch the pictures, now, as they fly through the air."
Offline
#16 2009-04-23 5:06 am
- avkills
- demyelinated brain matter
- Registered: 2001-05-09
- Posts: 7107
Re: Freddie Mac acting CFO commits suicide
He probably saved the taxpayers tons of litigation costs, they should make suicide techniques mandatory teaching in business school. 
On a serious note; it is a shame that his family will have to go through this kind of experience.
-mark
Offline
#17 2009-04-23 5:58 am
- Pariah
- James Carville Fan..
- From: Belly Of The Beast, Oklahoma!
- Registered: 2001-05-24
- Posts: 18425
Re: Freddie Mac acting CFO commits suicide
Farmerkev wrote:
JakeTheTall wrote:
This thread has a lot of ugly, dehumanizing thoughts in it.
Yes it does but it's quite illuminating.
Cry me a smurfing river. You yourself have written some pretty harsh screeds right in this forum about people who suicide.
You just need to sell that high horse of yours.
"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama
Offline
#18 2009-04-23 6:53 am
- Farmerkev
- Official Dementor
- Moderator
- Registered: 2003-01-03
- Posts: 18624
Re: Freddie Mac acting CFO commits suicide
Pariah wrote:
Farmerkev wrote:
JakeTheTall wrote:
This thread has a lot of ugly, dehumanizing thoughts in it.
Yes it does but it's quite illuminating.
Cry me a smurfing river. You yourself have written some pretty harsh screeds right in this forum about people who suicide.
You just need to sell that high horse of yours.
Closest I can find was a comment to soulcrusher.
If you have something else in mind, link please.
Do your part to combat global warming.
Eat a cow.
Offline
#19 2009-04-23 8:04 am
- macnuke
- just a plano guy
- Moderator
- From: North Dallas 40
- Registered: 2004-05-16
- Posts: 7134
Re: Freddie Mac acting CFO commits suicide
+honor for seppuku
next?
Offline
#20 2009-04-23 8:29 am
- bratboy
- laden with emotion
- Royal Wombat
- From: Austin, Texas
- Registered: 2003-01-19
- Posts: 34106
Re: Freddie Mac acting CFO commits suicide
What did this particular guy do that was so horrible?
"One thing we've learned is there's a difference between being disappointed and having madmen in authority."
--Paul Krugman
Offline
#21 2009-04-23 8:39 am
- Onthebeach
- Member
- Registered: 2001-05-27
- Posts: 2037
Re: Freddie Mac acting CFO commits suicide
bratboy wrote:
What did this particular guy do that was so horrible?
He has the appearance of a suitable scapegoat.
Shame if he turns out to be just a businessman with a conscience.
If any ask us why we died,
Tell them 'Because our fathers lied'.
Kipling
Offline
