Freddie Mac director's apparent suicide

Boy - The Clinton integration into the Obozzo administration is complete now that we are seeing links to Obozzo's past beginning to have sudden, unexplained deaths.

Unfortunately, another sad cassualty of the economy.

Visions of Whitewater dance through my head.

I wonder what he found out that required devine intervention (the Pennslvania Avenue type)?

No doubt we'll be seeing more of these from the big bailout recipients. They know what they've done...

http://www.political-buzz.com/

Sadly this had to happen, but I bet there was some dirt to come out about him too. So he made the decision before they could get to him.

'Apparent suicide'....YEP just like Vince Foster and all the other Clinton insiders that mysteriously were committing suicide during his admin.

This has ruling class murder and cover up written all over it.

Republican cyber hate mobs now have more blood on their hands.

Hey Barney Frank has Kellerman given you any ideas? Hint Hint

Uh oh! This is NOT a good sign!

Everyone loses, when we think more of our personal, materialistic goals, than the ideals and goals of our nation. I don't know what may have caused this tragedy, but my heart goes out, to his family. As for the rest of us, hopefully, from this tragedy, we can see the mistake, in not doing the right thing, in whatever sphere, of human activity.
SUPPORT OUR TROOPS, BRING THEM HOME, ALIVE AND WHOLE. NOW.

I thing the nut-job, conspiracy-theory, Dumbya's that got us into this mess, over the past 8 years, need to put a sock in it...

I feel badly for this man and his family, may God bless them.
It shows he had a heart and felt badly for those whom Freddie Mac lead astray. It is too bad that Franklin Raines, Jamie Gorelick, Chris Dodd, Barney Frank, Maxine Waters, Chuck Schumer, Hillary Clinton and the many, many others who lead our country into this mess and now claim it was someone else, anyone but them.These crooks take no responsibility for their actions and continue to reap huge personal rewards while a man with a conscience kills himself.

My heart is broken for this man, and for all those who are feeling the way he felt, which led him to do what he did. Money makes a great servant, but is a ruthless master. Tragedies like this should make us all step back and ask ourselves, What is our god?

In the realm of economics, money is god. In the realm of politics, power is god. In the realm of society, prestige is god. It is a sick society in which the value of one's life is measured by these things.

There is a God whose yoke is easy and whose burden is light. He said, "Come to me, you who are weary and heavy-laden, and I will give you rest." He does not measure us by our net worth, our influence, or our achievement—nor is He affected by our interpersonal charisma or good looks (or lack thereof). No, each of us has infinite value in His eyes because He has formed us in His image, and He loves us simply because He is love.

Are you weary of the rat race of the American "dream"? Of earning your worth in the eyes of others? Of measuring yourself by ruthless standards? There is someone who welcomes you into His embrace just as you are. His name is Jesus.

Oh weary soul, don't waste your life chasing false gods, which cannot satisfy.

Barney Frank, the responsible one should be held accountable as well. How about Raines who is now one of President Hussein's chief economic advisors? He was CEO who also was at the helm of the sinking ship. Now he wants to sink the U.S. taxpayers!

Had Barney Frank or Chris Dodd just visited the guy?

All the psychopath conspiracy theorists from the right have apparently forgotten the "suicide" of one J. clifford Baxter, the then-vice chairman of Enron. It was very convenient for Bush's buddies, and even some cops thought it was murder.

But of course you all forgot about that one.

Matt, you are so close to "getting it". Everyone has a master. Your's is something that is unseen, unvarified, and costs you torrents of money to build big buildings and pay people's salleries. I gave up that master years ago when I saw the light. Christianity does not equal common sense, and in fact, I would say in some regards that it is the opposite of it. I would say that 98% of the masses have a master. I was/ am one of the 2 percent that finds the nuetral road of not indulging on anything to the extreme. You can not say the same thing. I hope you continue your journey to find the truth.

Financial news is terrible. Tragedies like this man's occur at all levels of our society.

Yet the market goes up today.

The more things "CHANGE", the more they stay the same.

Looks like once again, the only "CHANGE" it's whats left in your pocket

Shame on you Rabid Right, morons !! You continue your cheap shots, in the face of someone's tragedy. That is another reason, you morons are on the sidelines, right now and will stay there, as long as your agenda means more to you, than peoples lives !! Go get some compassion, it may lessen your hate and bigotry !!
SUPPORT OUR TROOPS, BRING THEM HOME, ALIVE AND WHOLE. NOW.

I am a proponent of "change".

With the trillions that are being wire transfered from US Treasury and Federal Reserve Banks to private entities, Goldman Sachs, Citi, Bank of America, AIG, with no, nada, zero transparancy, one cannot rule out the possibility that this was

THE MAN WHO KNEW TOO MUCH.

He certainly was around at Freddie M long enough to know where all the bodies were buried.

Our Government spends billions on training agents in "covert actions", does it not?

Perhaps he was about to blow the whistle--or perhaps he had, foolishly, done so privately.

Will we ever know the truth?

When CIA gets away with destroying video recordings of "interrogations" and claims they were just "waterboardings", what confidence can one have that the truth on this will be known?

At the least, it raises questions about the "vetting" of people who are at the top of the agencies, does it not?

"Republican cyber hate mobs now have more blood on their hands."

WHAT?!?!

How sad he couldn't see a different solution to his problems. My prayers are with his family and friends.

I can't believe some of the right-wing attacks on this board. You show no respect to our president by calling him names and bringing up Clinton's murder scheme or this man's family, who has just gone through a personal. Truly classless.

Feel badly for the man's family , but he must have his hand caught in the cookie jar
Wonder if any members of Congress are involved?.

at least he knew he screwed up, and took the honorable way out, to many of the big screwups in government don't release they are the problem not just a part of it.

This is what the Asian countries call "saving face".
The rest of the bailout execs should follow suit instead of wasting the tax payers bailout money on spa treatments and bonuses.
Thanks to them America will no longer be a world super power.
We are facing a future of insurmountable debt and a heavily depreciated US dollar. Thanks for nothing.

This doesn't exactly promote warm fuzzy feelings about GSEs and federal oversight.
What happened?
Why?
How much does all this have to do with the bailout?
Is there more bad news that hasn't come out about these bad mortgages?

It's ALL Reagan's fault for deregulation of everything!! That's where it started, and we have proven the "free market" will NOT take care of things! The taxpayer will be paying for that blunder forever, from airlines, to Wall Street, to lenders, everything - deregulation and we'll be better off - DON'T THINK SO!!

thumbs up for matt stephens post - it is right on and so right

I can't believe some of the right-wing attacks on this board. You show no respect to our president by calling him names and bringing up Clinton's murder scheme or this man's family, who has just gone through a personal. Truly classless.

Let's get the investigation of Dumbocrats Jamie Gorelick, Dead Meat Emanual, Barney Frank, Franklin Raines, Maxime Watersonthebrain, Chris Dodd and Chuck Schmuker and the other crooks who caused this debacle going.

"Politics without principles
Education without character
Science without humanity
Commerce without morality
Are not only useless, but positively
dangerous."
S S Baba

There are very few things in life that cannot be fixed - suicide is one of them. I wish the best for his family.

"It's ALL Reagan's fault for deregulation of everything!! That's where it started, and we have proven the "free market" will NOT take care of things! The taxpayer will be paying for that blunder forever, from airlines, to Wall Street, to lenders, everything - deregulation and we'll be better off - DON'T THINK SO!!"

Yes, you are 'nuts'. The most perfect name I have ever seen on these blogs!

Chimpy W. Hoover's 'ownership society' didn't just leave the economy on life support, now it's killing people as well.

'Shame on you Lame Leftist' Don Fitgerald. Instead of EVER addressing the problems with your party you simply want to point the finger to other point.

I guess you learned one thing in life from Adam and Eve, when caught POINT the finger, DEFLECT the argument, and simply BLAME somebody else.

Right now the liberals are on stage, so shut your mouth if you can't own up to their mistake,

Signed,
A 3rd party Libertarian

Uhh, NUTS, you are completely nuts.The deregulation of the mortgages came in 1998. President Clinton ring a bell?

"It's ALL Reagan's fault for deregulation of everything!! That's where it started, and we have proven the "free market" will NOT take care of things! The taxpayer will be paying for that blunder forever, from airlines, to Wall Street, to lenders, everything - deregulation and we'll be better off - DON'T THINK SO!!
Posted by: NUTS | April 22, 2009 11:50 AM"

Go live in Cuba then. See how well you do in a regulated economy where you can make an average of $12.00 a month.

Movie over "Tax Cheaters." Guess it's time to create another category of Obama Administration appointees and nominees.

(quote) It is too bad that Franklin Raines, Jamie Gorelick, Chris Dodd, Barney Frank, Maxine Waters, Chuck Schumer, Hillary Clinton and the many, many others who lead our country into this mess ... (unquote)

Where are the Republicans in all this? George Bush and freinds were in office for eight years. Where is their culpability for the economic mess? Are the right-wing posters on this board saying that the Republicans have been completely ineffective for the last 20 years?

Not too important regarding the story, but I thought suicide WAS a crime? Or at least, attempted suicide?

How does the all powerful Congressman Barney Frank pass laws when he was in the minority party for 6 of 8 years and Republican Bush was President?

Posted by: Libertarian | April 22, 2009 12:29 PM

Shut your OWN mouth, "Libertarian," and find something to do with your own finger! Who DO you think you are, telling anybody that any Dem anywhere has something special to apologize for in terms of pointing the finger at the other party and denying any blame for their own? Are you honestly dumb enough to think that claiming to be a "Libertarian" is fooling anyone? You can argue all you want that "Libertarian" (or, for that matter, "Conservative") is somehow a different entity than "Republican" but they're both just another word for "The People Who Voted Bush Into Office Twice and Now Don't Want To Admit They Were In Bed With Him for 8 YEARS." As such, your heritage is entirely "Not My Problem -- Blame Somebody Else." Go fix your OWN guilty conscience.

Sounds like this man was given the "Foster option"--
commit suicide and the government will let the rest of your family live. Worked for Hitler and Rommel, worked for Clinton and Foster.

Sorry for this guy, but i think matt stephens is completely wrong on this. If there was a god, which mounting evidence shows there to be none, then why couldn't God had intervened somewhere and saved him from doing this? or anywhere?

Did anyone think that this suicide was not politically motivated? Maybe Kellermann was despondent over the people losing their homes and being thrown under the bus. This country has become such haters, no matter which side of the political spectrum.

Kellermann just took the position seven months ago. He was not the one setting the stage for the current problems, but there to help clean up the politicans mess.

He should have done the right thing and packed up his briefcase and walked out. No job is worth this nonsense.

Thank you Matt for your wonderful post. There are some of us listening so thank you for talking.
I agree, there is a wonderful world out there and God allows us to be part of it and part of each other.
No burden should be so overwhelming and no matter how big it seems God is always there ready to carry the load with us.

2009 and everything is still Clintons fault. Go take yourself out, old-timer. Your ways are not welcome here anymore and now they have caught up with your greedy counterparts. Gee, did it dawn on you that maybe he had something to hide? Or maybe someone else had something to hide so they had him taken out? No, its Clinton's and Obama's fault. Please, never touch a computer again and please, please kill yourself. That goes for all of you weirdo's. And next time don't be a coward and put your name on your post.

Suicide, oh yeah, I'll believe everything I'm told!

Marty Didier
Northbrook, IL

Matt,

I wish you'd bothered to read the story before you said "they know what they've done." Kellerman didn't take over as CFO until AFTER the economy had tanked. Would it be too much for a little more sympathy and a little less Armageddon? He's leaving behind a widow and a 5 year old daughter.

This guy was bothered so much by his role in the economy's collapse that he offed himself. Sad. At least he didn't try to deny any involvement like Frank and Dodd.

Actually I'd shut your MOUTH,
becuase in typical LIBERAL fashion you simply make it up as you go.

If you had one OUNCE of knowledge you would know that Libertarians aren't one and the same with Republican. Ron Paul was Libertarian, not Bush.

Study up because your own party is hijacked and all you have to offer is ignorant factless ad hominmen attacks...the only tool in the liberals book of debate.

Another obvious BURN NOTICE.

Posted by: Libertarian | April 22, 2009 3:45 PM

Do your worst, REPUBLICAN!

don fitzgerald: OMG I've never seen anyone use so many commas as haphazardly, redundantly, ignorantly, incorrectly, frantically and uselessly as you do. Get a brain you dufus!

Anybody who commits suicide leaving behind their kids is nothing but a coward. It's also hard to feel anything for this guy or anybody else with F-Mac who profited greatly as they ran this organization into the ground.

he was only 'acting'' for six months. Employed for 16 years but only 'acting CFO' for SIX months. The damage was already done when he accepted the top spot. Was he trusted to be offered the top job? Did he think he could cover up his 'involvement' by moving up? Sorry, but suicide just doesn't add up in my workpapers.

How in the world is Barney Frank responsible for this? I don't follow the line of reasoning of those folks on this board who are blaming him, please explain.

Thanks," Scott ", you made my day !!,,,,,,,,
SUPPORT OUR TROOPS, BRING THEM HOME, ALIVE AND WHOLE. NOW.

A tragedy for sure. My heart goes out to his family. This does not bode well for us taxpayers as I feel there are major illegal and political issues here yet to be uncovered. Let us hope the truth comes out about those who were involved in this quasi- company that played a major role in our current economic fiasco. Will Congress have a in-depth investigation? I think not, to many powerful Dems. involved. Smell a cover-up for sure. Just follow the money, right.

I think the decedent was following the money and someone didn't like it.

Suicide is a crime! It's called quiting! Life is a battlefield, the sun will rise tomorrow. My sympathies to the family.

His suicide has nothing to do with his work and relationship to Fannie Mae/Freddie Mac. It's strictly personal, as you will all find out within a couple of days. But hey, all you republicans and wild eyed nutjob conspiracy theorists keep running around in circles, waving your arms and shrieking so we know to keep well away from you.

For whoever said "This proves the free market can't take care of things.."

We don't have a free market. There certainly isn't a free market in mortgages, there are layer upon layer of state and Federal intervention, law, regulation - like the intense Federal pressure (from Barney Frank and others) who pushed mortgages without down payments, who pushed mortgages to people with bad credit.

That's a free market? Hogwash. This is the result of massive and ill-considered government intervention in the marketplace. By keeping interest rates artificially low, people, banks and the gov't were not in touch with reality.

Same thing happened in the 20's, and resulted in the great depression. The correction is to get the gov't to stop telling banks who to loan money to.

I feel very bad for the family. If we has any idea what it takes to so it is over to that level, none of the negative stuff would be said. I think I understand a small way the reason why, such a sad ending to a nice guy.

Any real estate appraiser with 15 yrs. appraisal service can tell you what went wrong with the Org. A good indication is real simple to understand, the loan to value IS and WAS to HIGH, and that can be set at the foot steps of ABA, NAR, and most of the dumb assess name above, they were and in charge, can't pass the buck to anyone but the leardership.

It is definitely sad that anyone might kill themselves over a loss of money