Suicide: A permanent solution to a temporary problem.
If he thought he was going to get prosecuted, suicide would insure that none of his assets could be touched and his wife will be financially secure.
I heard yesterday that the Fed.gov is once again promoting SubPrime Crime! No money down, no credit check, interest-only loans for the first 10 years to minorities, etc. Anyone able to confirm this?
What did Obama know and when did he know it.
David B. Kellermann
Senior Vice President, Corporate Controller and Acting Chief Financial Officer
Freddie Mac
McLean , VA
Sector: FINANCIAL / Mortgage Investment
Officer since March 2008
41 Years Old
On September 24, 2008, David B. Kellermann, age 41, Senior Vice President - Corporate Controller and Principal Accounting Officer, was appointed interim Chief Financial Officer, effective immediately.
Mr. Kellermann was appointed Senior Vice President - Corporate Controller and Principal Accounting Officer in March 2008.
Prior to that appointment, he served as Senior Vice President, Business Area Controller, starting in October 2006, and as Vice President, Strategy Execution and Integration from February 2005 until October 2006, during which time he also assumed responsibility for the Finance Program Management Office.
Before that, Mr. Kellermann held the positions of Vice President, Valuation, Risk Management and Investment Process from November 2003 to February 2005 and Vice President, Mortgage Portfolio Investment Process from May 2003 to November 2003.
Mr. Kellermann also held various other positions at our company since joining us in 1992, including Portfolio Management Director-Senior from March 2002 to May 2003. On September 24, 2008, served as Freddie Mac’s Principal Accounting Officer prior to the appointment of Mr. Fox.
EXCERPT......Ten years ago, for example, the typical conforming mortgage required a down payment of 10 to 20 percent, and low-down payment mortgages were considered too risky. But then we helped to standardize the 3 to 5 percent down payment loan, brought it to global capital markets, and made it available to lenders and communities nationwide. Now low-down payment loans are commonplace. And we just adopted a new variance in our underwriting standards that will make the $500 down payment loan widely available as well...
In 1994, we pledged to provide $1 trillion in capital to ten million underserved families by the end of 2000. Thanks to our housing and industry partners, we met that goal early. Then in 2000, we launched our American Dream Commitment, a pledge to provide $2 trillion in capital to 18 million underserved families by the year 2010, including $400 billion targeted specifically for minority families (later raised to $700 billion in response to President Bush’s Minority Homeownership Initiative).
After four of the strongest years in housing and mortgage finance history, we’ve already surpassed the top-line goals of this commitment. But our work is far from complete.
So in January 2004, we announced our Expanded American Dream Commitment and pledged significant new resources to tackle America’s toughest housing challenges. Our new commitment has three main goals.
First, we will expand access to homeownership for six million first-time home buyers in the next ten years, including 1.8 million minority first-time home buyers.We also will help raise the national minority homeownership rate from 49 percent to 55 percent, with the ultimate goal of closing it entirely.
Second, we will help new and long-term homeowners stay in their homes through a series of initiatives, and commit $15 billion to preserve affordable rental housing and $1.5 billion to support the revitalization of public housing communities.
Third, we will increase the supply of affordable housing and support community development activities in at least 1,000 neighborhoods across the country through our American Communities Fund, and through targeted investments like Low-Income Housing Tax Credits that help finance affordable rental housing.
It is because of initiatives like our Trillion Dollar Commitment and our American Dream Commitment that we have exceeded our HUD affordable housing goals for ten consecutive years. And we have increased our financing of mortgages to African Americans by over 400 percent and to Hispanic Americans by 470 percent in the past ten years, compared with a 205 percent increase in overall financing.
Our Expanded American Dream Commitment will help us do even more.
Bizarre.
Our whole government needs to investigated. The corruption and conspiracy to destroy the USA is going on daily.
Many people at the tea parties were talking about the criminal activity of these politicians and they were outraged that they were getting away with it without being punished at all.
Wonder what this guy knew?
Prayers for Mr. Kellermann’s family.
PING!!
Remember Donald Manes? First thing I thought of when I read the headline. Second was Foster.
For those not watching Fox...the Friends interviewed his neighbor who said she woke up to ambulances and fire trucks at the house around 4:30 a.m. He was active in the community, working with the homeless, and had a little girl Gracie, aged 6 or 7.
Senator Grassley, please pick up the white courtesy phone.
Senator Grassley, please pick up the white courtesy phone.
“..Because of legal ramifications, Jennings says she can’t describe the nature of the suicide.”
What legal ramifications are we talking about? Are they words from the WH? from Emmanuel?? Who??
Interesting timing....
....sudden reversal of the NeoMarxist to “persecute” for “war crimes”.....
Almost like sending a message....”there are about to be some strange suicides....like those surrounding the Clintons. You guys raise a fuss and we’ll deflect attention with Bush stuff”.
I say let ‘em try.
Clinton II.
THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA
NOW WE KNOW WHAT A COMMUNITY ORGANIZER DOES
OBAMA, THE STOCK MARKET, AND ENERGY
BARACK HUSSEIN OBAMA IN HIS OWN WORDS
THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA'S UPBRINGING
“We’re not to give you details of the condition of the body, except to say it was an apparent suicide”
With Clinton it was two shots to the head.
With Obama.... one to the face?
Was there a torn up suicide note in his briefcase?
Like I wrote on another post that was closed,
shades of Vince Foster!!
We can only hope and pray he left a letter in a bank vault somewhere that begins, “In the event of my death...”
Prayers for his wife and family. He was very young! :-(