Ex-JPMorgan Exec Contests DOJ Intervention Bid

Law360, New York (March 21, 2011, 5:47 PM EDT) -- Ex-J.P. Morgan Securities Inc. director Douglas MacFaddin, accused of participating in a pay-to-play scheme, on Monday challenged the U.S. Department of Justice's bid in Alabama federal court to stay the deposition of two jailed bankers linked to the fraud.

MacFaddin filed his response to the DOJ's Antitrust Division's motion to intervene to stay the depositions of William Blount and Douglas Goldberg in the U.S. District Court for the Northern District of Alabama, saying they were crucial to MacFaddin's defense.

MacFaddin also takes exception to the DOJ's...
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