Freddie Mac's David Kellermann Found Hanged in Basement

Kellermann was the head of the troubled Freddie Mac financial institution. He had apparently hanged himself. A few news agencies are reporting it. Some details here.

More like this

Was he the one that was simply too hopeful that things would turn out OK if he just kept pretending?

In other news, at least 1500 farmers in India have committed suicide in a grisly way by drinking insecticide as their economic situation worsens. Some estimates go as high as 125000. And of course that leaves their families even worse off.

However, the number of suicides seems to be dropping. Is there no way to help these people?

head of the troubled Freddie Mac financial institution.

No, he was the acting CFO, according to the item you linked.

By Scott Belyea (not verified) on 22 Apr 2009 #permalink

Scott: acting CEO = head. Head is not really a technical term, you see.

Actually, CFO, not CEO. A much less enviable position in this case. Responsible for all the financial controls but with no power to change how it's run.

Oh, sorry, my bad. CFO. I thought I heard CEO on the news report.