**
**
**
If true, this final variable is explosive for one obvious reason. *How often
does a suicide victim hang himself, then shoot himself; or shoot himself
first, then hang himself? *
**
*Inconsistencies Arise in CFO Suicide Story*
*** ******[image: rss202] <http://www.americanfreepress.net/rss/afp.xml>
*By Victor Thorn
Reminiscent of the ongoing microbiologist body count that AMERICAN FREE
PRESS has reported on, a new wave of suicides is plaguing the financial
industry, culminating in the recent death of Freddie Mac CFO David
Kellermann.
The 41-year-old husband and father, described as having a life-of-the- party
personality, was found dead in the basement of his $900,000 Vienna, Va. home
at 4:48 a.m. on April 22. Initially, a law enforcement official speaking on
condition of anonymity told the *Associated Press* that Kellermann hanged
himself.’
Other news agencies ran with this account, but then Sabrina Rock, a Fairfax
County police spokesman, confirmed to the AP that Kellermann was dead, but
she could not confirm that he committed suicide despite WUSA reporting that
Fairfax police told them it was suicide.
Stranger yet, police spokesman Lucy Caldwell told All Headline News editor
Linda Young via telephone on April 22 that “other people were present at the
home at the time of Kellermann’s death, and that there was a gun and a
gunshot wound.” True, this final variable is explosive for one obvious
reason. *How often does a suicide victim hang himself, then shoot himself;
or shoot himself first, then hang himself?* Considering these conflicting
accounts, conspiracy theorists almost immediately began speculating.
Some compared this scenario to the murder of Vince Foster; while others
claimed Kellermann became a fall guy for Sen. Christopher Dodd, Rep. Barney
Frank, or the architects behind Barack Obama’s economic plan.
To determine whether this conjecture is valid, first examine Kellermann’s
role at Freddie Mac. Employed at this government-sponsore d mortgage firm
since 1992, Kellermann served as a financial analyst, principal accounting
officer, corporate controller, senior vice president, and was then finally
promoted to CFO in September 2008. Loyal, driven, and working strenuously
long hours, he typified the ultimate “company man.”
Unfortunately, Freddie Mac came to be recognized as a primary catalyst for
the ill-fated housing bubble’s collapse where perilously risky loans led to
record-setting defaults. Matthew Barakat and Alan Zibel of the *Associated
Press* noted on April 23 that “the company lost $50 billion last year, and
the Treasury Department has pumped in $45 billion to keep the company
afloat.”
To make matters worse, Freddie Mac is the subject of federal investigations
by the Securities and Exchange Commission, as well as the Justice
Department.. The focus of their probes revolved around the accounting
practices used for their 13 million mortgages. With serious doubts surfacing
about the validity of Obama’s Troubled Assets Relief Program (TARP), Freddie
Mac and Fannie Mae have come under increased scrutiny; especially since, as
Christine Seib of the *Times UK* wrote in April 22, they “lend or guarantee
half of America’s $12 trillion mortgage market.”
The stress at Freddie Mac became so pronounced that Barakat and Zibel
reported, “Last month, David Moffett, the government-appointe d chief
executive, resigned in frustration over strict oversight.” To complicate
matters, the public’s fury over CEO bonuses directly affected Kellermann.
CNBC on-air editor Charlie Gasparino summarized the situation on April 22.
“In March, Kellermann was one of a handful of senior Freddie Mac people to
have received a bonus, in his case $850,000, which prompted criticism and
outrage.”
The blowback alarmed Kellermann, as *Clusterstock* editor Joe Weisenthal
documents. “Reporters and camera crews showed up at his home in an affluent
Washington suburb. Fearing that someone might attack his house, his wife or
their five-year-old daughter, he asked the company to provide a security
detail.”
The question remains: what was Kellermann’s role in Freddie Mac’s meltdown?
Being a key insider with access to highly sensitive material, did he help
facilitate the accounting gimmicks that brought about his company’s demise?
Or, could Kellermann have been one of the good guys who refused to
perpetrate this ruse being foisted on American taxpayers? To his credit,
Barakat and Zibel indicate that “Kellermann was neither a target nor a
subject of the [U.S. Attorney’s] investigation, and had not been under law
enforcement scrutiny.”
Freddie Mac had been subpoenaed, however, for documents relating to its
accounting and disclosure improprieties. Was the entire house of cards
beginning to crumble, and instead of covering it up, Kellermann instead
intended to come clean? What makes this matter suspicious is that only one
day prior to his death, the *Associated Press* reported on April 23 that “a
human resources officer met with Kellermann and told him he needed a break
because he had been working so hard.”
Faced with a much-needed vacation to spend time with his wife and daughter,
why would Kellermann suddenly choose to kill himself? Or, was Freddie Mac
clandestinely trying to push their top executive out the door in a
roundabout way?
The most pressing issue on the table at this time was Freddie Mac’s
first-quarter financial reports, which Kellermann proposed to release at the
end of May. Matters became extremely complicated because “Freddie Mac
executives recently battled with federal regulators over whether to disclose
potential losses on mortgage securities tied to the Obama administration’s
housing plan” (Zibel & Barakat, April 22).
The crux of this subject is now apparent. A massive battle ensued between
federal regulators who were trying to cover up catastrophic economic news,
and those who refused to further cook the books. Zachary Goldfarb and
Jonathan Mummolo of the *Washington Post* provided an invaluable insight on
April 23.
“Kellermann figured in several recent controversies at Freddie Mac. He and a
group of company attorneys tussled with regulators in early March as the
firm prepared to file its quarterly earnings report with the Securities and
Exchange Commission.. The group insisted that Freddie Mac inform
shareholders of the cost to the company in helping carry out the Obama
administration’s housing recovery plan. The regulators urged the company not
to do so.”
An industry veteran who wished to remain anonymous offered the following
assessment for Housing Wire. “This isn’t the story of a guy who was trying
to cover something up. It’s the story of a guy who was trying to do the
right thing. Kellermann and his cohorts insisted on reporting Freddie Mac’s
financial status as they believed it should be reported, disclosing all of
its obligations.”
Was the smoking gun information held by Kellermann (and other top CEOs
who’ve been “suicided” in recent months) what ultimately cost him his life?
*Victor Thorn is a hard-hitting researcher, journalist and the author of
many books on 9-11 and the New World Order. These include 9-11 Evil: The
Israeli Role in 9-11
<http://shop.americanfreepress.net/store/p/106.aspx>and Phantom
Flight 93 <http://shop.americanfreepress.net/store/p/9.aspx>*
http://www.american freepress. net/html/ cfo_suicide_ story_176.
html<http://www.americanfreepress.net/html/cfo_suicide_story_176.html>
**
__._,_.___
Messages in this topic
<http://groups.yahoo.com/group/SouthernbytheGraceofGod/message/6271;_ylc=X3oDMTM1NzJiOHJ2BF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRtc2dJZAM2MjcxBHNlYwNmdHIEc2xrA3Z0cGMEc3RpbWUDMTI0MTI1OTY5NgR0cGNJZAM2Mjcx>(
1) Reply (via web post)
<http://groups.yahoo.com/group/SouthernbytheGraceofGod/post;_ylc=X3oDMTJxb25rNDRjBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRtc2dJZAM2MjcxBHNlYwNmdHIEc2xrA3JwbHkEc3RpbWUDMTI0MTI1OTY5Ng--?act=reply&messageNum=6271>|
Start
a new topic
<http://groups.yahoo.com/group/SouthernbytheGraceofGod/post;_ylc=X3oDMTJmMm8wZ25xBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNudHBjBHN0aW1lAzEyNDEyNTk2OTY->
Messages<http://groups.yahoo.com/group/SouthernbytheGraceofGod/messages;_ylc=X3oDMTJmYThja3BwBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNtc2dzBHN0aW1lAzEyNDEyNTk2OTY->|
Files<http://groups.yahoo.com/group/SouthernbytheGraceofGod/files;_ylc=X3oDMTJnNmRoYTF0BF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNmaWxlcwRzdGltZQMxMjQxMjU5Njk2>|
Photos<http://groups.yahoo.com/group/SouthernbytheGraceofGod/photos;_ylc=X3oDMTJmbjY2MzJzBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNwaG90BHN0aW1lAzEyNDEyNTk2OTY->|
Links<http://groups.yahoo.com/group/SouthernbytheGraceofGod/links;_ylc=X3oDMTJnOWR0YTBlBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNsaW5rcwRzdGltZQMxMjQxMjU5Njk2>|
Database<http://groups.yahoo.com/group/SouthernbytheGraceofGod/database;_ylc=X3oDMTJkcGdzcjgzBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNkYgRzdGltZQMxMjQxMjU5Njk2>|
Polls<http://groups.yahoo.com/group/SouthernbytheGraceofGod/polls;_ylc=X3oDMTJnMGtmMm9sBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNwb2xscwRzdGltZQMxMjQxMjU5Njk2>|
Members<http://groups.yahoo.com/group/SouthernbytheGraceofGod/members;_ylc=X3oDMTJmbTRhM3RzBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNtYnJzBHN0aW1lAzEyNDEyNTk2OTY->|
Calendar<http://groups.yahoo.com/group/SouthernbytheGraceofGod/calendar;_ylc=X3oDMTJlZTZrOW9oBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNjYWwEc3RpbWUDMTI0MTI1OTY5Ng-->
[image: Yahoo!
Groups]<http://groups.yahoo.com/;_ylc=X3oDMTJldTFmYnUyBF9TAzk3NDc2NTkwBGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNnZnAEc3RpbWUDMTI0MTI1OTY5Ng-->
Change settings via the
Web<http://groups.yahoo.com/group/SouthernbytheGraceofGod/join;_ylc=X3oDMTJnZjZyM2hjBF9TAzk3NDc2NTkwBGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNzdG5ncwRzdGltZQMxMjQxMjU5Njk2>(Yahoo!
ID required)
Change settings via email: Switch delivery to Daily
Digest<southernbythegraceofgod-dig...@yahoogroups.com?subject=email+delivery:+Digest>|
Switch
format to
Traditional<southernbythegraceofgod-traditio...@yahoogroups.com?subject=change+delivery+format:+Traditional>
Visit Your Group
<http://groups.yahoo.com/group/SouthernbytheGraceofGod;_ylc=X3oDMTJlcDVvZ2JvBF9TAzk3NDc2NTkwBGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDZnRyBHNsawNocGYEc3RpbWUDMTI0MTI1OTY5Ng-->|
Yahoo!
Groups Terms of Use <http://docs.yahoo.com/info/terms/> | Unsubscribe
<southernbythegraceofgod-unsubscr...@yahoogroups.com?subject=>
Recent Activity
Visit Your Group
<http://groups.yahoo.com/group/SouthernbytheGraceofGod;_ylc=X3oDMTJmMjJpOGxuBF9TAzk3MzU5NzE0BGdycElkAzEzOTE0NzkzBGdycHNwSWQDMTcwNTc3NTcxNgRzZWMDdnRsBHNsawN2Z2hwBHN0aW1lAzEyNDEyNTk2OTY->
Give Back
Yahoo! for
Good<http://us.lrd.yahoo.com/_ylc=X3oDMTJuNzRqdWt0BF9TAzk3MzU5NzE0BF9wAzEEZ3JwSWQDMTM5MTQ3OTMEZ3Jwc3BJZAMxNzA1Nzc1NzE2BHNlYwNuY21vZARzbGsDYnJhbmQEc3RpbWUDMTI0MTI1OTY5Ng--;_ylg=1/SIG=11314uv3k/**http%3A//brand.yahoo.com/forgood>
Get inspired
by a good cause.
Y! Toolbar
Get it
Free!<http://us.lrd.yahoo.com/_ylc=X3oDMTJwdjRrb205BF9TAzk3MzU5NzE0BF9wAzIEZ3JwSWQDMTM5MTQ3OTMEZ3Jwc3BJZAMxNzA1Nzc1NzE2BHNlYwNuY21vZARzbGsDdG9vbGJhcgRzdGltZQMxMjQxMjU5Njk2;_ylg=1/SIG=11c6dvmk9/**http%3A//toolbar.yahoo.com/%3F.cpdl=ygrps>
easy 1-click access
to your groups.
Yahoo! Groups
Start a
group<http://groups.yahoo.com/start;_ylc=X3oDMTJwYzkxMWNjBF9TAzk3MzU5NzE0BF9wAzMEZ3JwSWQDMTM5MTQ3OTMEZ3Jwc3BJZAMxNzA1Nzc1NzE2BHNlYwNuY21vZARzbGsDZ3JvdXBzMgRzdGltZQMxMjQxMjU5Njk2>
in 3 easy steps.
Connect with others.
.
__,_._,___
--~--~---------~--~----~------------~-------~--~----~
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum
* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.
-~----------~----~----~----~------~----~------~--~---
