Fort Marcy Park Reduex?
Acting Chief Financial Officer for Freddie Mac David Kellermann, was found dead early today in his home. Found in his basement, the police reported it looks like suicide, though the cause of death hasn’t been determined yet.
Government owned Fannie Mae and Freddie Mac were criticized on Capitol Hill earlier for plans to pay $210 million in retention bonuses to 7,600. But federal regulators who oversee the companies defended the bonuses, saying they are an important part of the solution and not the problems of the past. Both companies back mortgages held by private homeowners, and have received massive cash infusions from the government to keep them afloat.
It looks like Barney Frank and Chris Dodd have their fall guy. Soon, all the evidence will be found, but as in the investigation of Vince Foster, will we ever really know what happened?
On April 22nd, 2009, Morb said:
