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    Today is Friday, March 12, 2010 at 
    - Countdown to Market Close:

    AP – The Chief financial officer of Freddie Mac, one of the mortgage at the of the nation’s financial meltdown, was found dead in his basement early Wednesday morning in what police said was an .

    David Kellermann, 41, apparently hanged himself in his home, said a familiar with the investigation. He asked not to be identified because the investigation was ongoing.

    Kellermann was promoted last September when the government seized the and ousted its top two executives. said Kellermann had lost a noticeable amount of weight under the strain of the new job. Some said they suggested to Kellermann should quit to avoid the , but Kellermann responded that he wanted to help the company through its problems. The did not want to be quoted by name because they didn’t want to upset the family.

     

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    More on this topic (What's this?)
    Acting Freddie Mac CFO found dead
    Farmer Mac: All’s Great But The Ethanol
    Read more on Freddie Mac at Wikinvest
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