Carl Levin actually said...

"Well, when you look at their chart, that big line jump right there, is when there was a whole bunch of cancellations of warrants."

"The contract you entered into required them to immediately cancel their warrants. Is that correct?"

"The effect of this arrangement was that the queue was lengthened. Is that correct?"

"I am at least equally interested in what the cancellation does in terms of increasing the queue, which affects the premium, while Goldman is trading in transactions relating to aluminum."