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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (48947)4/22/2009 8:43:42 AM
From: TobagoJack  Read Replies (1) | Respond to of 217553
 
hello pezz, do you this the the suicide of freddie mac cfo can lead to illuminations that might matter to cyou?

google.com

Reports: Freddie Mac official found dead
31 minutes ago

WASHINGTON (AP) — David Kellermann, the acting chief financial officer of Freddie Mac, was found dead at his home Wednesday morning in what broadcast reports said was an apparent suicide.

WUSA-TV and WTOP Radio reported that David Kellermann was found dead in his Northern Virginia home. The 41-year-old Kellermann has been Freddie Mac's chief financial officer since September.

Sabrina Ruck, a Fairfax County police spokesman, confirmed to The Associated Press that Kellermann was dead, but she could not confirm that he committed suicide.

Kellermann's death is the latest blow to Freddie Mac, a government controlled company that owns or guarantees about 13 million home loans. CEO David Moffett resigned last month.

McLean, Va.-based Freddie Mac and sibling company Fannie Mae, which together own or back more than half of the home mortgages in the country, have been hobbled by skyrocketing loan defaults and have received about $60 billion in combined federal aid.

Kellermann was named acting chief financial officer in September 2008, after the resignation of Anthony "Buddy" Piszel, who stepped down after the September 2008 government takeover. The chief financial officer is responsible for the company's financial controls, financial reporting and oversight of the company's budget and financial planning.

Before taking that job, Kellerman served as senior vice president, corporate controller and principal accounting officer. He was with Freddie Mac for more than 16 years.

Copyright © 2009 The Associated Press. All rights reserved.



To: pezz who wrote (48947)4/27/2009 8:23:02 AM
From: TobagoJack  Read Replies (1) | Respond to of 217553
 
hello pezz, today's report:

(i) had lunch with buddies and discussed the state of is Message 25599972

(ii) added physical gold at 20-35/oz over premium, pandas as well as koalas, both sort-of bears

(iii) had skype conversation with buddy and he will either find salvation via asset sale within 2 weeks, or find redemption through foreclosure within 3 weeks (initiation of process). we, his buddies, have helped to the extent we prudently can for his primary but sinking asset that may now be ripped away, and now stand ready to help to rebuild gainful life after he is released from asset purgatory.

(iv) believe the share market everywhere is flying on fume, and the bible, old testament, will soon resume work; iow, no change in stance, and none needed, until such time some extreme valuations are in place for whatever worthwhile

cheers, tj