He repeatedly warned Corzine and MF Global's board of directors of the risks associated with the sovereign repo-to-maturity (RTM) transactions that brought the firm down. For his trouble, he was stripped of his role and replaced in January 2011. Michael Roseman last appeared in front of Congress on February 2, at which time he offered prepared remarks and answered questions. According to his LinkedIn profile, Roseman has not taken employment since leaving MF Global. Not to worry, though: In addition to his receiving a $350,000 salary, the floor on his first-year bonus was set contractually at $1 million; when he left MF Global at the end of March 2011, he was offered a $1.35 million severance package (salary, cash bonus, and equity bonus). My guess is that he could make an adequate living on the speaking circuit -- surely a book describing his experience at MF Global is not long due. Michael Stockman, former Chief Risk Officer Michael Stockman replaced Michael Roseman in March 2011.