A Charlottesville/Albemarle Area RE Blog tracking the market's Boom Bubble Bust Bounce, from 2008 to 2013. The second half of 2010 saw a steep downward spiral in sales; 2011 saw sales volume at 13 yr lo with prices dropping each Quarter. 2012 began with even lower prices which resulted in an uptick in Y/Y sales, and mid-2012 saw "Carpe Diem" trumping "Caveat Emptor." 2013: Booming. Are we a "Protected Market" once again? Time will tell.
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Wednesday, April 22, 2009
Freddie Mac Official Dead in Apparent Suicide
David Kellerman, 41, was a longtime exec at the giant mortgage loser, and named acting CFO last September after the government seized control of the company. Freddie Mac has had billions in losses. WaPo article.
2 comments:
downtownenvy
said...
This is terrible. Poor family. Now I am wondering what the heck he knows that the rest of us don't yet? Is that paranoid or what?
2 comments:
This is terrible. Poor family. Now I am wondering what the heck he knows that the rest of us don't yet? Is that paranoid or what?
Read NYT article. SEC is investigating Freddie. Poor bastard worked there his whole adult life. Just 41.
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