More bodies!

[pwcmba]

Acting Freddie Mac CFO commits suicide

http://www.wtopnews.com/?sid=1657033&nid=25

[Rajiv]

Re: More bodies!

The implications for this are NOT good! :eek:

[karim0028]

Re: More bodies!

The implications for this are NOT good! :eek:

Yup, mens he either say a severely tarnished name or possible jail time in his future...

[FRED]

Re: More bodies!

Shades of Japan banking crisis:

Ex-Head of Tainted Japan Bank, Under Inquiry, Commits Suicide
June 30, 1997 (NYTimes)

A former chairman of Dai-Ichi Kangyo Bank, who was questioned by prosecutors on Friday in connection with a scandal involving the bank, committed suicide today, the bank said. more...

[LargoWinch]

Freddie Mac acting CFO found dead-police

Don't tell me these guys will play in "Enron Redux"?

Perhaps one day, the world will realize the havock caused by central banks.

WASHINGTON, April 22 (Reuters) - David Kellermann, acting chief financial officer of mortgage giant Freddie Mac (FRE.P) (FRE.N), was found dead on Wednesday in his suburban Virginia home, a Fairfax County police spokeswoman said.


Police were called at 4:48 a.m. EDT (8:48 GMT) to Reston, Virginia, spokeswoman Lucy Caldwell told Reuters.


Local media reported that Kellermann's wife called in an apparent suicide, but Caldwell did not elaborate on the cause of death. The incident is under investigation, she said.

.....

Continued Here.

[Chomsky]

Re: Freddie Mac acting CFO found dead-police

Someone beat you to it!

http://itulip.com/forums/showthread.php?t=9541

[LargoWinch]

Re: Freddie Mac acting CFO found dead-police

Someone beat you to it!

http://itulip.com/forums/showthread.php?t=9541

Lol, that is the second time this week

FRED: please feel free to move this thread or delete. Thanks.

[jimmygu3]

Re: More bodies!

The implications for this are NOT good! :eek:

Interesting that he didn't take over as acting CFO until AFTER the nationalization. Before that he served as senior vice president, corporate controller and principal accounting officer. He must have done some seriously bad stuff in his previous role.

[RebbePete]

Re: More bodies!

It's not just the big fish:

Police: N.Y. father killed his family, then himself

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The family lived in Garden City on Long Island, a small, upper-middle-class community with one of the largest shopping malls in the world. William Parente was a tax and estate lawyer with a midtown Manhattan office. Betty Parente was a homemaker and a charity fundraiser. Catherine was a sixth-grader at a Garden City middle school.

Wednesday, Newsday reported that a Queens attorney filed a complaint in New York this week alleging he invested nearly $450,000 with William Parente, and never got the money back.

Bruce Montague, 47, an attorney in Bayside, told Newsday that he had asked Parente for his money back, after growing concerned about the uncertainty in the financial markets caused by Bernard Madoff's multi-billion dollar Ponzi scheme.

Montague said he invested in about 20 different deals with Parente, funding short-term, high-interest loans with Parente in an admittedly high-risk venture that yielded substantially quarterly returns of about 10 to 15 percent. On Tuesday, two checks that Parente issued to Montague bounced, and the attorney gave information about his financial losses to the New York Attorney General's office, which confirmed they were investigating Montague's complaint, Newsday reported.
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http://www.baltimoresun.com/news/loc...,6796565.story

[CanuckinTX]

Re: More bodies!

The only saving grace in this story is that he just took himself out. The ones that are like a punch in the gut to me are when these fools take out their innocent kids and spouses.

I'm sure it bothers me more because I have 3 girls and so I can not understand their behaviour at all.

[snakela]

Re: More bodies!

Interesting that he didn't take over as acting CFO until AFTER the nationalization. Before that he served as senior vice president, corporate controller and principal accounting officer. He must have done some seriously bad stuff in his previous role.

Maybe he was honest and that didn't help the bottom line.


This is clearly Bush's fault