Acting Freddie Mac CFO commits suicide
Freddie Mac’s CFO committed suicide today:
David Kellermann, acting chief financial officer of Freddie Mac, was found dead in his Hunter Mill Estates home Wednesday morning in what police say was an apparent suicide.
Fairfax County Police spokeswoman Mary Anne Jennings tells WTOP police responded to the Kellermann home after family members dialed 911 at 4:48 a.m.
Sources tell WTOP Kellermann hanged himself.
“We were called from inside the house to come investigate an apparent suicide,” Jennings says.
Terrible news, of course. Freddie Mac’s executives made a lot of mistakes. but Kellermann did not deserve this. Neither does anyone else for that matter.
This news begs the question whether a climate was created in which executives like Kellermann may see no other option but to commit suicide. Did the public, fueled by the media and especially populist politicians exaggerate? Did they put bankers in an impossible position?
Politicians declared war on businessmen and especially bankers last year. They continued to wage war this year. Many can undoubtedly deal wit such attacks, but others cannot. Dealing with public outrage is always difficult, especially when this outrage is increased by those in power.
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