Check out the BIO:
“He served as senior vice president, corporate controller and principal accounting officer. In this position, his primary responsibility was to support the business with the production of timely, accurate, and well-controlled GAAP, fair value and segment earnings financial statements and external disclosures.
Before that, Kellermann served as the senior vice president and business area controller. As business area controller, he led the organization responsible for all accounting and finance for Freddie Mac’s lines of business.
Kellermann has been with Freddie Mac for more than 16 years. He began as a financial analyst/auditor in 1992, worked for several years in the company’s securities sales and trading unit, and has served in a variety of positions in the company’s capital markets division, most recently serving as vice president strategy execution and integration and the Investments and Capital Markets division controller.
He holds a M.S. in Finance from George Washington University and a B.S. in Political Science and Accounting from the University of Michigan. Prior to this role, he served as senior vice president, corporate controller and principal accounting officer. In this position, his primary responsibility was to support the business with the production of timely, accurate, and well-controlled GAAP, fair value and segment earnings financial statements and external disclosures.
Before that, Kellermann served as the senior vice president and business area controller. As business area controller, he led the organization responsible for all accounting and finance for Freddie Mac’s lines of business.
Kellermann has been with Freddie Mac for more than 16 years. He began as a financial analyst/auditor in 1992, worked for several years in the company’s securities sales and trading unit, and has served in a variety of positions in the company’s capital markets division, most recently serving as vice president strategy execution and integration and the Investments and Capital Markets division controller.”
THAT bio, my freinds, is the perfect trail of the consummate insider with a front row seat and an active hand in the entire history of subprime markets in America. This guy was the definitive insider to the GSE extravaganza. I hope they are not going to say he killed himself because it failed. They tried to do that with Vince Foster - that “no one would believe the Clintons” and he was distraught...this isn’t black helicopter paranoia, it is just plain sense...NO ONE on the planet knew more than this guy...
Most likely the bulk of the stolen $$$ was exchanged into a multiplicity of foreign currencies & higher yielding bonds and precious metals, sitting in numbered accounts, or ones with invented names.
There are even disturbing indications Obama Inc is considering bailouts for selected establishment newspapers in order to continue the liberal propaganda, which the majority of the American auto industry can closed their doors forever (viewed by fanatical hippie leftists as Packards, 'too large' which should be destroyed).
It's interesting Obama Inc has not targeted Ford Motor (yet). Maybe it's due to the like-minded twisted mindset at the top, coupled with substantial campaign contributions for left wing schmucks.(?)
excellent info and comment, thanks.