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Published September 16, 2013, 09:41 AM

Circular hauling profits big banks

In testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs, Timothy Weiner, commodities and metals global risk manager for MillerCoors LLC said his company had paid “tens of millions of dollars in excess premiums over the last several years,” as a result of London Metals Exchange rules.

By: Daryll E. Ray and Harwood D. Schaffer, Agweek

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