John McCain

Clearly, in my view and probably that of most people, you are still too big to fail.

You know most Americans believe that you are financial houses that have made a lot of money.

Should we be concerned that you are going to manipulate the market the same way that you did with electricity markets?

So we are really talking about who really pays the price here is the consumer.

Don't you think there is a regulation that if someone is moving a commodity from one warehouse to another and paying the owner of that commodity in order to do so, doesn't this border on manipulation of the market?

What about the SEC getting involved?

What is your fix? We will start with you, Mr. Vazquez.

One more time, explain how that has ballooned from--what was it, 30 days? I think something like that. Explain to me how that happens for the record, again.

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 you are going to make--even though you are paying your client to move their product from one warehouse to another, you are still going to make more money that would be more than the amount you are paying your client. And so ultimately…

Something that really is startling about this to me that has really made an impression during the course of this hearing: Why would anyone that is interested in service to the customer and a product at the lowest price, why would that…

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.

Unfortunately, we have seen time after time instances where that is not necessarily true, and to me it sets up a relationship which could over time lead to manipulation.

So nothing has ever come up is the answer to the fact that they have access to sensitive information which could give them an advantage in their other operations.

What confidence do we have that they do not share it with the other aspects of Goldman's operations, which they could use to their advantage?

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?

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?

We may have had our disagreements, but we did not let them get in the way of finding common ground in most cases.

Your tenacity in uncovering wrongdoing sparked significant changes in the financial sector.

Your tireless efforts and steadfast dedication to exposing misconduct and abuse by financial institutions and government regulators have set a new standard for thoughtful and thorough congressional investigations.

I thank you, Mr. Chairman, and before I begin, I want to say what an honor and privilege it has been to serve alongside you in this Subcommittee.

Senator McCain say, he should appoint on Ebola czar, others want to see a travel ban put into place.

My dear, it's all about the money, It's Always about the money!

The Constitution calls for the Congress to have a special responsibility as far as Native Americans are concerned.

So you refuse to tell this Committee, who is expected to support your effort to establish a casino, that you won't even tell me whether this is a correct or incorrect number, $68,200,000?