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Acting head of Freddie Mac commits suicide
wtop.com ^ | 4/22/09 | staff

Posted on 04/22/2009 5:14:09 AM PDT by xtinct

The acting head of Freddie Mac, David Kellermann, has apparently committed suicide, Fairfax County Police tell WTOP. Fairfax County Police spokeswoman Mary Anne Jennings says Kellermann, 41, was found at his Hunter Mill Estates home Wednesday morning.

Jennings says police responded to the home after family members called police around 5 a.m.

"We were called from inside the house to come investigate an apparent suicide," Jennings says.

Because of legal ramifications, Jennings says she can't describe the nature of the suicide.

"We're not to give you details of the condition of the body, except to say it was an apparent suicide," Jennings says.

(Excerpt) Read more at wtopnews.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events; US: Virginia
KEYWORDS: arkancide; bailout; bankingcrisis; barneyfrank; communistrevolution; cultureofcorruption; democratscandals; fairfaxcounty; freddiemac; hanging; kellerman; kellermann; obamacide; obamascandals; obamunism; suicide
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To: sarasota

>>>>
After reading this thread, this “suicide” is very suspicious indeed.
>>>>

Evidence? We don’t need to stinking evidence! Crime scene analysis? Forget it!! Facts? Useless!

There is ZERO information that would allow any sort of conclusions thus far. For heaven’s sake people, shut up already. Only an A$$wipe or nutjob would begin making conspiracy claims at this point.

Sometimes the blind ignorance around here is simply stunning. Let’s pray for the family.


341 posted on 04/22/2009 7:57:01 AM PDT by SkyShot (I wouldn't let Tim Geithner watch my money on TV)
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To: All
October 03, 2008
Lawmaker Accused of Fannie Mae Conflict of Interest
By Bill Sammon, FOX News' Washington Deputy Managing Editor.

WASHINGTON -- Unqualified home buyers were not the only ones who benefited from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s. So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions.

Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank's relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.

Both Frank and Moses assured the Wall Street Journal in 1992 that they took pains to avoid any conflicts of interest. Critics, however, remain skeptical."It’s absolutely a conflict," said Dan Gainor, vice president of the Business & Media Institute. "He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?

"If this had been his ex-wife and he was Republican, I would bet every penny I have - or at least what’s not in the stock market - that this would be considered germane," added Gainor, a T. Boone Pickens Fellow. "But everybody wants to avoid it because he’s gay. It’s the quintessential double standard." A top GOP House aide agreed.

"C’mon, he writes housing and banking laws and his boyfriend is a top exec at a firm that stands to gain from those laws?" the aide told FOX News. "No media ever takes note? Imagine what would happen if Frank’s political affiliation was R instead of D?

Imagine what the media would say if [GOP former] Chairman [Mike] Oxley’s wife or [GOP presidential nominee John] McCain’s wife was a top exec at Fannie for a decade while they wrote the nation’s housing and banking laws."

Frank’s office did not immediately respond to requests for comment. Frank met Moses in 1987, the same year he became the first openly gay member of Congress.

"I am the only member of the congressional gay spouse caucus," Moses wrote in the Washington Post in 1991. "On Capitol Hill, Barney always introduces me as his lover." The two lived together in a Washington home until they broke up in 1998, a few months after Moses ended his seven-year tenure at Fannie Mae, where he was the assistant director of product initiatives.

According to National Mortgage News, Moses "helped develop many of Fannie Mae’s affordable housing and home improvement lending programs." Critics say such programs led to the mortgage meltdown that prompted last month’s government takeover of Fannie Mae and its financial cousin, Freddie Mac. The giant firms are blamed for spreading bad mortgages throughout the private financial sector.

Although Frank now blames Republicans for the failure of Fannie and Freddie, he spent years blocking GOP lawmakers from imposing tougher regulations on the mortgage giants. In 1991, the year Moses was hired by Fannie, the Boston Globe reported that Frank pushed the agency to loosen regulations on mortgages for two- and three-family homes, even though they were defaulting at twice and five times the rate of single homes, respectively.

Three years later, President Clinton’s Department of Housing and Urban Development tried to impose a new regulation on Fannie, but was thwarted by Frank. Clinton now blames such Democrats for planting the seeds of today’s economic crisis. "I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was president, to put some standards and tighten up a little on Fannie Mae and Freddie Mac," Clinton said recently.

SOURCE http://www.foxnews.com/printer_friendly_story/0,3566,432501,00.html

=====================================

Let The Inquisition Start With Barney Frank
Investor's Business Daily | 3/6/09
FR Posted on 03/08/2009 by FreeManN

Congressman Barney Frank says he wants some of those responsible for our current financial meltdown to be prosecuted. And we couldn't agree more. First up in the court dock: Rep. Barney Frank, D-Mass.

Even by the extraordinarily loose standards of Congress, it takes some chutzpah for someone such as Frank to suggest that he'll seek prosecutions for those behind the housing and financial crunch and for what he called "a strongly empowered systemic risk regulator." Frank: Fannie Mae and Freddie Mac's point man in Washington.

For Frank, perhaps more than any single individual in private or public life, is responsible for both the housing market mess and subsequent bank disaster. And no, this isn't partisan hyperbole or historical exaggeration.

But first, a little trip down memory lane. (Excerpt) Read more at ibdeditorial.com ...

342 posted on 04/22/2009 7:57:25 AM PDT by Liz (I was like Snow White, then I drifted. Mae West (on liberalism.)
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To: Repealthe17thAmendment

Not trying to be a conspiracy theorist, but in June 2008, Kellerman donated $1,000 to Spencer Bachus(R). I was just wondering which side he was on politically speaking.


343 posted on 04/22/2009 7:57:26 AM PDT by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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To: brytlea

You know all of this crime and corruption going on and no one is going after these people. Barney Frank, Chris Dodd, Pelousey, Harry Reid, Charles Rangel, Chuck Schumer, William Jefferson, Dianne Feinstein, etc......I could go on and on. AND THIS TRASH is running things.

Every day more and more is exposed, yet it goes on and we have to watch it, know it, and take it.

I am so sick of it.

It is a shame when the laws do not apply to those in government as they do to an average citizen. Makes you wonder why anyone cares about the laws.


344 posted on 04/22/2009 7:57:33 AM PDT by dforest
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To: NinoFan

I’m very sorry.


345 posted on 04/22/2009 7:58:27 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: dfwgator

The Chinese have a much better plan.

They simply drag those responsible for serious errors or embarrassing the Government into the street and shoot them...

The Chinese plan has a FAR HIGHER rate of success, since most of the bastards we have in Washington, lack the sense of honor or possess the courage necessary to accept responsibility and kill themselves...


346 posted on 04/22/2009 7:59:59 AM PDT by river rat (Semper Fi - You may turn the other cheek, but I prefer to look into my enemy's vacant dead eyes.)
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To: FTL

Haven’t seen that list in a really long time. As I was reading through it, I wondered if the 2 kids from the train tracks would be mentioned. Had no idea about all of the bodyguards! Do you know if the new reports about their deaths are still out there, somewhere?


347 posted on 04/22/2009 8:00:27 AM PDT by Freedom2specul8 (Please pray for our troops.... http://www.americasupportsyou.mil/)
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To: STARWISE

The GOP was in control of Congress after the 2002 election and until the 2006 elections. We have to be truthful...there is blame to go around...both parties took much money from the Wall Street crowd and let them do what they wanted to.


348 posted on 04/22/2009 8:00:42 AM PDT by nyconse (When you buy something, make an investment in your country. Buy Amrican or bye bye America)
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To: river rat

This is the second post I’ve seen of yours encouraging large groups of people to kill themselves.

I find it most despicable.


349 posted on 04/22/2009 8:01:14 AM PDT by battletank
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To: All

Hanging? Gunshot wound? Reports are all over the place.

Regardless, interesting timing with release of highly distractive CIA “torture memos”........

DOW JONES NEWSWIRES

Police investigating the apparent suicide of Freddie Mac (FRE) acting chief financial officer David Kellermann confirmed the presence of a gun and a gunshot wound, AHN Media reported Wednesday on its Web site. Kellermann was found dead at his home early in the morning, according to Fairfax County police. Police spokesman Lucy Caldwell told AHN that other people were present at the home at the time of Kellermann’s death, in Reston, Va., and that there was a gun and a gunshot wound. Kellermann’s wife told local police he committed suicide, Washington, D.C., television station WUSA reported, citing county sheriff’s deputies.

Full story at www.allheadlinenews.com/articles/7014883629
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=200904220957dowjonesdjonline000695&title=policegungunshot-wound-linked-to-freddie-mac-cfos-death-report


350 posted on 04/22/2009 8:02:01 AM PDT by FTL
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To: jersey117

We have no idea of how much he was personally leveraged or what his personal fears were, nor his personal grit and fortitude.

It’s telling how weak and spoiled these current generations are, with the rash of family murder/suicides, etc.

Our generation and those of our parents were hardier folks, who endured so much struggle and suffering. Look at the greatest generation .. Korea, WWII .. what our immigrant families did to make a new life here, starting with nothing but a dream. They all hung in there, putting one foot in front of the other every day, with almost none of the conveniences we have today and making the best of their lot, while raising their children to have all they didn’t.

But now, we are a spoiled and weak lot. Sad commentary.


351 posted on 04/22/2009 8:03:57 AM PDT by STARWISE (They (LIBS-STILL) think of this WOT as Bush's war, not America's war- Richard Miniter)
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To: Miss Marple

I agree, that is an excellent question.


352 posted on 04/22/2009 8:04:22 AM PDT by brytlea (Jesus loves me, this I know.)
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To: Liz
Rahm Emanuel is to Obama, what Heinrich Himmler was to Hitler.



"Adolf Hitler with "der treue Heinrich"
Reichsfuhrer-SS, head of Gestapo & Waffen-SS

And yes, a Jew can be a NAZI.
Ideology makes you one, not your bloodline.

(Himmler won out for der Führer's ear in a power struggle with Göring)

353 posted on 04/22/2009 8:04:28 AM PDT by Condor51 (The difference between stupidity and genius is that genius has its limits)
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To: All

http://www.streetinsider.com/General+News/Geithner+Issues+Statement+On+David+Kellerman+Death/4579676.html

Geithner Issues Statement On David Kellerman Death

April 22, 2009 10:52 AM EDT

U.S. Treasury Secretary Tim Geithner issued a statement on the death of acting Freddie Mac (NYSE: FRE) CFO David Kellerman from an apparent suicide.

“On behalf of the Treasury family, we are deeply saddened by the news this morning of David Kellermann’s death. Our deepest sympathies are with his family and his colleagues at Freddie Mac during this difficult time.”


354 posted on 04/22/2009 8:04:43 AM PDT by maggief
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To: Gondring
They aren't the only ones...they are just a few well known cases. And there will be more.

I know. And I know.

It's literally an impossible job, a goodly fraction of accidents are undetected suicides, and even when it is a known suicide, deaths of serfs are unlikely to get much press coverage.

Any help FReepers can give to make the list more comprehensive would be greatly appreciated...

355 posted on 04/22/2009 8:05:04 AM PDT by null and void (We are now in day 92 of our national holiday from reality.)
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To: penelopesire; maggief
Rahm needs to be ‘frogmarched’ to a grand jury!

"Mmmmmm....that sounds yummy. By boys in leather restraints I hope (shiver)."

"Yippy, I am one happy plie-ing little sucker. I control the census, US foreign
policy, Medicare/aid billions via my bro's appointment. I got a tax-free Chi house
by forming my own tax-exempt foundation......and I even sucked-up last
year's (cough) earmarks."

" Anybody got a rolled-up sock handy?"

356 posted on 04/22/2009 8:05:36 AM PDT by Liz (I was like Snow White, then I drifted. Mae West (on liberalism.)
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To: null and void

Do you have the Parente family who died in Towson MD this week. He was an attorney from Long Island, who did financial advice and whose checks were bouncing.


357 posted on 04/22/2009 8:05:51 AM PDT by maica (Politics is not about facts. it is about what politicians can get people to believe. - Thomas Sowell)
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To: FTL
other people were present at the home at the time of Kellermann’s death
and that there was a gun and a gunshot wound. Kellermann’s wife told local police he committed suicide,


358 posted on 04/22/2009 8:06:16 AM PDT by McGruff (I guess it all depends upon what the meaning of "bow" is.)
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To: Landru
Thanks for the link, FRiend. Not surprised as I'm sure you are not either.

Here's a link to a current article posted here that you may have not seen:

http://www.thebulletin.us/articles/2009/04/22/commentary/op-eds/doc49eeaf9cb7f71801228561.txt

Discusses going back to the Gold Standard...and makes an off hand comment that, gee, the powers that be will defend the current fiat money system because they derive so much benefit from it. YA THINK !!!

We have been naive as a people to think the corruption and evilness of powerful people would not visit these shores. Ha ! Teacher Barrack will open our eyes.

The "suicides" and "accidents" have only just begun.

Send in the Clowns!

359 posted on 04/22/2009 8:06:26 AM PDT by mick (Central Banker Capitalism is NOT Free Enterprise)
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To: Petronski

Sometimes maybe ignorance is bliss...


360 posted on 04/22/2009 8:07:14 AM PDT by brytlea (Jesus loves me, this I know.)
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