Friday, May 25, 2007

Durbin Challenger?

A top executive at the CBOT, Kevin J.P. O'Hara, is considering throwing his hat in the ring against Sen. Dick Durbin. Bernard Schoenburg, State-Journal (scroll down):

O'Hara, 45, does have a great resume. Born in New York City, his family moved to Illinois when he was 9. He's a graduate of Loyola Academy high school in Wilmette, the University of Chicago and the Georgetown University law school.

He joined the board of trade a year ago after being executive vice president of NYSE Group Inc. He had joined Archipelago Holdings Inc., in 1999 and was its chief administrative officer, general counsel and corporate secretary before it merged with the New York Stock Exchange in 2006.

"We built the company from zero," he said of Archipelago, which developed an electronic trading system. "We literally changed what was going on" on the stock-trading floor, he said.

Someone who's smart and understands the real world. That would be a welcome change from Durbin.

Related posts: Do Nothing Durbin, Durbin Knee Deep

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