Freddie Mac official found dead in apparent suicide

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Shades of Vince . It wasn't long into the Clinton Admin. before he died. Some 14 other people died under suspicious circumstances under that regime, many related to the attend to nationalize health care under Hillary.

In a message dated 4/22/2009 2:53:41 P.M. Eastern Daylight Time, no_reply writes:

Freddie Mac official found dead in apparent suicide Big savings on Dell XPS Laptops and Desktops!

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http://news.yahoo.com/s/ap/us_freddie_mac_official_dead

Freddie Mac official found dead in apparent suicide

By ALAN ZIBEL and MATTHEW BARAKAT, Associated Press Writers Alan Zibel And

Barakat, Associated Press Writers – 1 hr 57 mins ago

WASHINGTON – Kellermann, the acting chief financial officer of

money-losing mortgage giant Freddie Mac, was found dead at his home early

Wednesday 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 Donna and five-year-old daughter

Grace. The police would not release the exact cause of death, but spokesman Eddy

Azcarate said Kellermann's body was found in the basement.

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.

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.

Some neighbors said Kellermann had lost a noticeable amount of weight under the

strain of the job, and some said they suggested to him he should quit to avoid

the stress. The neighbors did not want to be quoted by name because they didn't

want to upset the family.

Kellermann, a University of Michigan graduate who went to business school at

Washington University, 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 and ousted top executives. Freddie Mac lost more

than $50 billion last year, and the government has pumped in $45 billion to keep

the company afloat.

Kellermann's death is the latest in a string of blows to Freddie Mac, which owns

or guarantees about 13 million mortgages and us the No. 2 mortgage finance

company after sibling Fannie Mae. The company has been criticized for financing

risky mortgage loans that fueled the real estate bubble, and its first

government-appointed CEO, Moffett, resigned last month after six months on

the job.

As the company's financial chief, Kellermann was working on the company's first

quarter financial report, due at the end of May, with federal regulators closely

overseeing the company's books and signing off on major decisions.

That relationship has been tense at times. Freddie Mac executives recently

battled with federal regulators over whether to disclose potential losses on

mortgage securities tied to the Obama administration's housing plan, said a

person familiar with the deliberations who was not authorized to discuss the

matter publicly.

Federal prosecutors in Virginia have been investigating Freddie Mac's business

practices. But two U.S. law enforcement officials, who spoke on condition of

anonymity because they were not authorized to discuss the Freddie Mac

investigation, said Kellermann was neither a target nor a subject of the

investigation and had not been under law enforcement scrutiny.

News of Kellermann's death came as a shock to employees of the McLean, Va.-based

company, with those who knew Kellermann tearing up on Wednesday morning and a

quiet mood prevailing. Senior executives at the company heard the news on local

radio before going to work.

Koskinen, the company's interim chief executive, said in a statement that

Kellermann, " was a man of great talents .... His extraordinary work ethic and

integrity inspired all who worked with him. "

Treasury Secretary Geithner said in a statement that " our deepest

sympathies are with his family and his colleagues at Freddie Mac during this

difficult time. "

Freddie Mac and sibling company Fannie Mae have both come under fire from

lawmakers as they plan to pay more than $210 million in bonuses through next

year to give workers the incentive to stay in their jobs. Kellermann was in line

to receive retention awards totaling $850,000 over the next year.

___

Associated Press Writers Matt Small, Devlin Barrett and Matt Apuzzo contributed

to this report.