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
good lord...I wish they would get it straight. Gun or Rope? Not much reporting on this today. Rahm must have sent out the goons to kill the story ASAP.
Indeed - thanks for posting.
Let’s not forget Franklin Raines and Barney Frank, either. The following is an interesting snippet:
FHFA letter, dated December 3, 2004, to Congressman Barney Frank: “On November 15, 2004 Fannie Mae filed a Form 12b-25 with the Securities and Exchange Commission (SEC). Fannie Mae indicated that its external auditors could not complete their reviews of its financial statements and noted the possibility of up to a $9 billion loss dating back to 2001. As a result, OHFEO has determined it will not provide a monthly capital classification at this time.”
* Letter dated June 16, 2006, from OHFEO Director Lockhart to Senator Chuck Hagel: “...In January 1999, Chairman and CEO Franklin Raines approved a recommendation made by the Chief Financial Officer (CFO) (Tom Howard) and the Controller (Leanne Spencer) to defer recognition of $200 million in amortization expense. This deferral, along with other accounting decisions made at that time relating to provisions for loan losses and the recognition of low-income housing tax credits, allowed management to meet the EPS threshold for maximum bonuses.”