Posted by
CazanTheMan on Wednesday, April 22, 2009 12:14:10 PM
CNN headlines read
Freddie Mac CFO found dead
Police say there are no signs of 'foul play' in the death of David Kellermann.
A gripping headline that I felt would be worthy of a good read. Boy was I wrong. The MSM is trying to spin this thing to try and soothe their troubled hearts and guilty consciences. They demonized this man and his company that he represented so much that they don't want to have to consider the posibility that they could have pushed this man to the limit under the guise of reporting the "news".
To be fair, the article did start out fairly straight-forward, almost in the format of an obituary. It listed his positions in Freddie Mac and all of his accomplishments, with a few expected snippets thrown in such as
"He was named to the CFO and senior vice president positions in September 2008, and was responsible for the company's financial controls."
Like I said it wasn't anything that was incredibly noteworthy, just a small mention to give him some ownership to the failed mortgage giant. Then it took a whole new direction. For simplicity's sake I'm going to cut and paste the rest of the article in here to see the subject of the rest of this article dedicated to the memory of this man the MSM drove into the ground.
"Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders."
"The government took over Freddie Mac last year, as the nationwide subprime-loan crisis escalated. In September, Freddie Mac and Fannie Mae were placed under conservatorship by its regulator, the Federal Housing Finance Agency."
"Both companies back mortgages held by private homeowners, and have received massive cash infusions from the government to keep them afloat."
"Former Freddie Mac CEO David Moffett, who resigned in March, was replaced this month by Michael Williams, who had remained with the mortgage finance giant after the government takeover."
"Williams said the company's immediate goals would be to modify mortgages, refinance home loans and avoid housing foreclosures in order to boost the housing market."
WHAT???!!!!! How is it possible that they can twist this story into cheering on Freddie Macs new CEO?! A MAN JUST KILLED HIMSELF! Do they not see that? I can't believe that they would edit from the top, completely missing this story. The tragedy has nothing to do with what Michael Williams is saying right now about the company or the history of Freddie Mac. Why would the media twist this? There is only one reason that I can think of, and correct me if I'm wrong, and thats to throw off any backlash that they might get from people who might implicate them in causing this man to commit suicide.
There is one more interesting note that I will add as well concerning this. When they were describing the police report that said,
The death "may have been an apparent suicide," said Lucy Caldwell, a spokeswoman for police in Fairfax County, Va.
Maybe I'm just over reaching here, but I can't understand how it MAY have been and APPARENT suicide. It was either "an apparent suicide" or it "may have been a suicide", but not both. Also the fact that they found him in his home when his wife was there, he didn't go to some isolated place (unless his house is a palace and he never sees his wife), and he did it at 5 am both seem to throw a different light on the case. I am not saying that he was murdered, but they should stop with the ambiguity.
No matter the case, this CNN report is worthy of nothing more than the tabloid section of the news rack; its just one more instance in the curious case of Media Misdirection.