Dr. Stockman graduated from the Des Moines University College of Osteopathic Medicine in 1996. He works in Saint Louis Park, MN and 1 other location and specializes in Internal Medicine - Geriatrics and Hospice & Palliative Medicine. Dr. Stockman is affiliated with Park Nicollet Methodist Hospital.
The trustee pointed out that against the advice of chief risk officer Michael Stockman -- who in the summer of 2011 suggested the company cease investing in the sovereign trades, also known as European RTMs -- management looked for additional sources of liquidity to support the new trading strategy.
questioned the trading, though the report also says the previous CEO had lost confidence in the CRO. The replacement CRO, Michael Stockman, took over in January 2011 and soon raised concerns about as well, leading to the boards decision to halt new trading two months before the bankruptcy filing.
The oversight panel of the House Financial Services Committee also heard from Michael Roseman, a former chief risk officer at MF Global, who warned about the danger of the European bets in 2010. His successor, Michael Stockman, who took over after Mr. Roseman repeatedly clashed with the firms top e
Date: Feb 02, 2012
Category: Business
Source: Google
Former chief risk officer of MF Global says he warned Corzine on risky bets ...
Rosemans successor in the job, Michael Stockman, told the panel he wasnt involved in putting together a break-the-glass contingency plan for how the firm would handle financial distress and a downgrade by a credit rating agency.
The Journal earlier reported that the firm's chief risk officer, Michael Roseman, had raised serious concerns about MF Global's bet on European bonds. He was replaced by Michael Stockman, a former risk manager at UBS Inc.
condition has been nothing to brag about. Now the settlement is in jeopardy due to the bankruptcy. [Michael Stockman, the chief risk officer of MF Global as of January 2011 (after the previous mentioned incident) was in my Liar's Poker training class lampooned by another classmate, Michael Lewis.]