Posted on 04/22/2009 9:03:38 PM PDT by RegulatorCountry
Not exactly a good portent, is it? No matter how it shakes out.
I'm not sure this wasn't one of those "Vince Foster" style suicides.... not that it wouldn't lead to the same conclusion on the investment.
Was Kellerman CFO before the meltdown or was he brought in after the Fall of 2008? Do people think he was trying to pump up FRE? He would have been dreaming.
Buffett owned lots of FRE about 5 years ago or so. Buffett knew more than his folksy wisdom. Something was going on because he kept Wells Fargo out of crap loans. The Sandlers sold their trash to Wachovia then Wells buys it for a song? It all looks like a setup.
Fannie and Freddie I think were infiltrated after Clinton left office by Gorelnick, Rahm, Raines and others. I also question Stan O’Neil taking Merrill of the cliff by going heavy in mtgs. This was a DNC/Cong Black caucus inside job in destroy fannie & freddie plus the financial markets helped by Soros, Flowers, paulson and other hedge fund shorts.
FRE and FNM now are public works jobs programs scams and garbage and they should be shut down.
[Was Kellerman CFO before the meltdown or was he brought in after the Fall of 2008?]
I read since Sept. of 2008.
Thanks. So if he came in Sept 2008 he was new. I wonder if he found things that would be negative to lots of Democrats. Was Rahm at Freddie or Gorelnick?
I bet this poor guy was murdered. Probably why Blago is not singing.
According to the WSJ article, he joined Freddie Mac in 1992 and previously served as senior vice president, corporate controller and principal accounting officer. He was named acting CFO in September 2008.
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