Doesn't look like it is conductive.
Some tips in this thread may give you some ideas on how to clean the stuff off the bottom of your cpu:
http://www.tomshardware.com/forum/24...00-killed-help
Basically, the guy says to use isoprophyl alcohol (not rubbing...get the 99% stuff) and use a toothbrush to clean off the bottom of the cpu. Hopefully it has not gotten inside the socket.