Freddie Mac CFO dead, in apparent suicide

[justthinkin]

I just can't see a hit job in the guy's basement at 4:00AM, but conflicting reports right off the bat and both supposedly from sources in LE does tend to make one wonder what the real story is.

 

[arielilane]

Freddie Mac pays $700K to former exec's survivors

May 1, 2009 - 6:40am


This undated photo provided by Freddie Mac shows David Kellermann, the acting chief financial officer of mortgage giant Freddie Mac. Kellermann was found dead at his home Wednesday morning April 22, 2009 iin what police said was an apparent suicide. (AP Photo/Freddie Mac)
By ALAN ZIBEL
AP Real Estate Writer

WASHINGTON (AP) - Freddie Mac is paying out more than $700,000 to the family of David Kellermann, the mortgage finance company's former acting chief financial officer who died last week in an apparent suicide, the company disclosed Thursday.
The McLean, Va.-based company said in a Securities and Exchange Commission filing that Kellermann's survivors are due to receive $703,400 in retention and stock awards.


http://www.wtopnews.com/?nid=722&sid=1665725

The company's first government-appointed chief executive, David Moffett, received $338,000 in salary and perks for his work in the September-through-December period. He later left the company in March 2009, Freddie Mac said, but will return as a consultant in the wake of Kellermann's death.

 

[Angels_Not_Forgotten]

ok, 4 months and 400,000? and we wonder why these companies aren't strong enough to tread water...