Kellermann’s Death Is Latest Shock To Freddie Mac

The 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.

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Obama announces plan to lease federal waters for clean energy

President Obama marked Earth Day Wednesday by announcing a new initiative to lease federal waters for the purpose of generating electricity from wind and ocean currents. The president announced the initiative, to be administered by the Interior Department, while reiterating his pledge to push for a comprehensive energy plan that encourages the development of alternative fuel sources, cuts dependence on foreign oil, addresses climate change, and creates new jobs

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Iranian Nobel laureate to defend U.S. journalist

An Iranian human-rights activist and Nobel laureate has joined the legal team of an Iranian-American journalist convicted of spying and jailed in Iran. Shirin Ebadi, who won a Nobel Peace Prize in 2003, took up the case of Roxana Saberi at the request of Saberi’s family, her father, Reza Saberi, told CNN Wednesday.

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