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Freddie Mac Acting CFO Found Dead
News this morning that David Kellermann, a longtime Freddie Mac executive who was named acting chief financial officer last year, was found dead at his Virginia home near Washington, DC. Officials believe the 41-year-old man may have committed suicide, according to a report in The Washington Post.
Kellerman was tapped as the caretaker of Freddie Mac's finances after the nation's housing market crashed and the organization--a government sponsored enterprise officially called the Federal Home Loan Mortgage Corporation--was taken over by the federal government last September.
Kellerman, a University of Michigan alumnus, was holding the CFO position while Freddie Mac conducted a search for a permanent replacement.
If authorities rule his death a suicide, he would become the latest casualty in a string of such deaths since the global economy collapsed. For a report on some of the executives who have killed themselves because of financial problems, click here.
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