David Kellerman, Freddie Mac’s acting CFO, was found dead in his Washington house early this morning. Bloomberg reports:
There were no signs of foul play, and the death is under investigation, Fairfax County, Virginia, Police Officer Shelley Broderick said. Broderick said early reports from others in the department indicated Kellermann’s wife reported a suicide, though the cause of death hasn’t been determined.
Kellermann, who joined Freddie in 1992, was promoted from controller to acting CFO after the government takeover in September, which was prompted by record losses amid the worst housing slump since the Great Depression. As controller, Kellermann was the principal accounting officer, dealing with financial statements and disclosures, according to Freddie’s Web site.
This is a tragedy. I offer my condolences to Mr. Kellermann’s family, friends, and colleagues.