Thank you, Senator Baldwin, for your great involvement in so many issues involving consumers, as well as this one.
Exactly. It was important to you, however, that they move to another warehouse. Is that correct?
Now, we are going to spend some time talking about LME warrants, queues, and so I want to explain this as clearly as I c...
And jointly decided upon. Is that correct?
There was an effort at a formal contract, was there not, with Deutsche Bank?
You could have given them a discount and left it in the warehouse.
You say they had the freedom to break the contract. You entered a contract which, if they lived up to it, required them ...
Most business people do not consider that a choice.
The effect of this arrangement was that the queue was lengthened. Is that correct?
The contract you entered into required them to immediately cancel their warrants. Is that correct?
In general, is there a high correlation, yes or no?
Well, when you look at their chart, that big line jump right there, is when there was a whole bunch of cancellations of ...
How many tens of thousands of tons did they move to a different Metro warehouse?
I am just asking you if it was important to you.
You paid them to move 70,000 tons, did you not? You gave them a discount. Is that correct?
So I am glad we finally got to that point, that there is a correlation between canceling the queue--canceling the warran...
You made a deal.
Did you agree to the deal?
