Word: kellermann
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Dates: during 2000-2009
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...acting chief financial officer of mortgage giant Freddie Mac, David Kellermann, 41, struggled with his company's being placed under conservatorship because of a $50 billion loss in 2008. Kellermann was found dead April 22, an apparent suicide...
...that with the fairly constant vilification of the agencies by politicians and the media. When word got out earlier this month that Fannie and Freddie were planning on paying out some $210 million in retention bonuses to 7,600 employers over the course of 18 months, lawmakers went haywire (Kellermann was pegged to receive a retention bonus of $850,000). "It's hard to see any common sense in management decisions that award hundreds of millions in bonuses when their organizations lost more than $100 billion in a year," Senator Charles Grassley said in a statement. Barney Frank, chair...
...sudden death - an apparent suicide - of Freddie Mac's acting chief financial officer David Kellermann is the latest shock to ripple through the federally backed housing agency. Since essentially being taken over by the government in September, it has been one hit after another for Freddie Mac - a private company that, with sister-agency Fannie Mae, holds or guarantees more than half of all U.S. residential mortgages and finances some 70% of new-home loans, and which the Obama Administration counts on as a cornerstone in its plans to revive the housing market...
...that have put firearms into about half of all U.S. homes. The results of such preparedness? A new study suggests that a gun in the house is a bigger threat to the inhabitants than to anybody else. In last week's New England Journal of Medicine, Physicians Arthur L. Kellermann and Donald T. Reay analyze 398 shooting deaths that occurred from 1978 to 1983 in households with guns in the Seattle area. The score: only nine deaths involved an intruder or were considered self-defense. Among the other deaths in gun-keeping households were twelve accidents, 41 criminal homicides...