On the recordNovember 19, 2014
There is some evidence here that this warehouse company shared premium payments with a metal owner when the metal is delivered to the physical market.
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congress.govEditor's note · Context
Discussing evidence of financial practices in metal trading.
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More from Carl Levin
Nov 19, 2014
I am sure that is why Deutsche Bank signed the contract, because they were given some money to keep the warehouse there and they were penalized if they did not keep the metal in the warehouse.
Nov 19, 2014
You paid them to move 70,000 tons, did you not? You gave them a discount. Is that correct?
Nov 19, 2014
The parties agree that they would 'as soon as possible thereafter,' obviously 'dependent on existing demand for slots.'
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