BANKTHINK

Friday, February 3

Receiving Wide Coverage ...

‘A Lowly Clerk’: Lawmakers grilled Michael Stockman, who was chief risk officer of MF Global when the brokerage collapsed last year, in a tense hearing Thursday. (OK, that sounds a little hackneyed – are these hearings ever anything other than “tense” and “testy”?) One lawmaker called Stockman a “yes man.” Another said Stockman was apparently hired to tell Jon Corzine “what he wanted to hear,” and chided him that he should have…

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