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The Impact of Freddie Mac?s CFO Suicide

posted 146 weeks ago on Blown Mortgage

If you happened to be a conspiracy theorist, you?d almost have to be salivating at a story like this. Freddie Mac, which has been at the center of attention in regards to the nationwide housing crisis, had their Chief Financial Officer die in an apparent suicide. The company currently owns or guarantees about 13 million mortgages, so David Kellermann?s death has had a significant impact both in the company and the broader economy. Certainly the pressures of turning around such a massive company had to come with a fair amount of stress. I know I wouldn?t want to be anywhere near the firm in terms of employment, and apparently Kallermann had his hands full. He was often heading to the company?s executive suite at night to speak with his boss, David Moffett, where they would clash as to h
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