Wednesday, April 22, 2009

Top Freddie Mac official dead of apparent suicide, Burbank Dentist not surprised

It seems that the fallout of the crimes and unethical ways in the finance, banking, and mortgage industry has started to hit the homes of the CEO's Presidents and other top officials.  This morning the Los Angeles Times reported that top Freddie Mac Official David Kellerman was found dead in his home of an apparent suicide.   He was the Chief Financial Officer.

  WOWOWOW! thats crazy...you kill yourself because of what?....uhmmmm.

 The article said,  "Freddie Mac has faced intense criticism for reckless practices that some believe contributed to the housing crisis at the heart of a financial economic meltdown and recession. Chief Executive David Moffett resigned last month. Freddie Mac owns or guarantees about 13 million home loans. Freddie Mac and Fannie Mae, which together own or back more than half of the home mortgages in the nation, have been hobbled by loan defaults and collected $60 billion in federal aid."

No wonder people in that office are stressed out, quitting and thinking about suicide.  Its sad that people think that suicide is the answer.  That just reveals that there is something else going on behind closed doors that we don't know about and related to this kind of behavior.  My question is "What are they hiding?"

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