Sarbanes grills Brickell over Ofheo nomination

Brickell, former managing director at JP Morgan and more recently chief executive of electronic derivatives exchange Blackbird, faced hard questions about whether his work as an anti-regulation derivatives industry lobbyist should keep him from running Ofheo at a time when the GSEs are under fire for their derivatives use and accounting.

Senator Paul Sarbanes, ranking member of the committee, said Brickell’s 25 years at JP Morgan and his lobbying activities on behalf of the bank “raised serious

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