The Christian Science Monitor – One day the stock market loses 500 points in a spate of pessimism. The next day the gloom lifts and the market swings back, rising 500 points.
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Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in the basement of his home in a Washington suburb, police said.
According to poice, the death is still under investigation. Early reports indicated Kellermann’s wife reported a suicide. The medical examiner’s office said it’s conducting an autopsy, and the results may be released as soon as today.
David Kellermann was named acting chief financial officer in September 2008. As acting chief financial officer, Kellermann is responsible for the company’s financial controls, financial reporting, tax, capital oversight, and compliance with the requirements of Sarbanes-Oxley. He also oversees the company’s annual budgeting and financial planning processes.