01/27/2015
https://www.congress.gov...
"Remarkable. Mr. Wibbelman, it used to take 40 days for Metro to remove aluminum from its warehouses for its clients. Now it takes over 600 days. How do you explain that?"
"That is why you want 85 percent of the supply. If that was not the case, then obviously this practice would be non-productive."
"So as a followup, it probably would not be possible, could it, unless one company or corporation had 85--as Goldman Sachs does, controlled 85 percent of the LME aluminum in the United States."
"Isn't it true that LME raised concerns about the merry-go-round scheme in your warehouse operations? Is it true that they raised concerns about it?"