mr. stockman. hen you took office in january 2011 were you aware of your predecessors concerns of $2 billion limit? >> mr. roseman and i did not spend a lot of time together in the overlap, and as a general matter, we are in a large position but i was not specifically aware of concerns at that point on joining. >> so as he was leaving neither did he tell you know is any documentation that you came across during your period of time that indicated she, once they hit 2 billion my predecessor got a little nervous, maybe i should think about this? >> i explored upon arrival a couple of board meeting minutes that covered the period, the best of my reduction, november-december, before i joined. and to try to find, to explore a little bit what i had undertaken before i joined. and in those minutes was no specific indication of concern but it certainly did highlight -- >> so you didn't find anything that basically said, a bell went off, when you can there were four and a half, give-and-take, billion, and it

mr. stockman? >> yes, they were the chief risk officers. >> were you aware that they need both of those made recommendations that the repo to the maturity and foreign sovereign debt or the potential risk to the company. >> there were in the murders and many discussions between the board and mr. corzine and the chief risk officer around the risk limits and parameters. some are you aware of a document called break the glass was put together by the firm? >> i am to be a >> who prepared the document? >> there was a working group put together in the firm. >> who was in that? >> members of treasury, members of finance, members of risk, treasury operations. because that was like a scenario analysis type of document and so it required the input to the estimate did you participate in that? >> i did, yes. >> and there was some wind you put the document to get there? >> via original request for the document was made in august i believe by the war. >> and was completed when? >> it was presented to the board so

mr. stockman?es, they were the cheap -- >> were you aware that they made recommendations that the repos to maturities in the foreign sovereign debt were potential risks to the company? >> i became cfo in april, so what i was aware was there were numerous and many discussions between the board and jon corzine and the chief officer and a board meeting to risk limits. >> are you aware of a document called break the glass that was prepared by your firm? >> [inaudible] >> there was a working group put together in the firm. they were members of treasury, members of finance, members of risk. treasury operations. that was a scenario -- straight scenario of this document, sort will ride the input -- >> did you participate in the? >> yes, i did. >> did you put the document together? >> the original request was made in august by the board. >> it was completed in? >> it was presented to the board sometime around middle october. .. .. >> yes or no? yes or no? >> sir, i'm not an expert on that to be able to know