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Acting CFO of Freddie Mac apparently commits suicide: police
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08:29, April 23, 2009

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David Kellermann, acting chief financial officer of U.S. mortgage giant Freddie Mac, apparently committed suicide, police said.

Kellermann, 41, was found dead in his suburban Virginia home.

Some reports said Kellermann was found hanging in the basement of his home.

Police officials from his home area have not confirmed the death.

The reported suicide came after the Treasury Department seized the company, and its sibling mortgage agency Fannie Mae, as the agencies faced deep losses on a crashing U.S. housing market that was rapidly engulfing other financial institutions.

Source: Xinhua

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