UPDATE: US Officials Express Sadness Over Kellermann's Death
April 22 2009 - 10:33AM
Dow Jones News
The U.S. Treasury Department and the regulator for Freddie Mac
(FRE) expressed grief over the death of acting Freddie Mac Chief
Financial Officer David Kellermann, who was found dead Wednesday
morning at his northern Virginia home.
"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," Treasury
Secretary Timothy Geithner said in a statement.
The Federal Housing Finance Agency, which has been serving as
conservator for Freddie and its sibling Fannie Mae (FNM) in recent
months, called Kellermann "a person of utmost ethical standards" in
a statement.
"As the Acting Chief Financial Officer of Freddie Mac during
particularly challenging times, David was an inspiration to his
staff and many others who were privileged to work with him," FHFA
said.
Kellermann's death is thought to have been a suicide. He had
been at Freddie Mac for 16 years and had been its acting finance
chief since September.
-By Meena Thiruvengadam, Dow Jones Newswires; 202-862-6629;
meena.thiruvengadam@dowjones.com