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He declined to estimate the value of a contract to dispose of the PCBs.
Legislators say they also suspect that sales of player contracts abroad are used to launder drug money by misstating the value of a contract.
Earlier this year, short-sellers raised questions about whether AremisSoft had overstated the value of a contract to overhaul the Bulgarian health information system.
The Lillian Vernon Corporation, which sells toys, household and gardening items through catalogs and Web sites, said its first-quarter loss widened because of a change in the value of a contract related to buying paper.
The company, which is based in Rye, said it had costs of $1 million, or 12 cents a share, to record the change in the fair market value of a contract that limits the prices it pays for paper.
Benetton Treviso is known as the most N.B.A.-friendly international club; Maurizio Gherardini, Benetton's general manager, said the team would never ask for a buyout that exceeded the total value of a contract.
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The Electronic Data Systems Corporation reported a loss of $354 million in the fourth quarter after writing down the value of a big contract with the Navy.
The exchanges currently require market players to put up just enough money to cover a one-day movement in the value of a commodity contract, which works out to around 5 to 7percentt of the commodity's value.
From 1 to 5percentt of the value of a given contract was diverted to those on the receiving end of the scheme, a group that included 50 politicians from six parties, according to prosecutors.
He had raised the possibility of calling witnesses to testify "if it really is the case that legitimate lobbyists could be paid 30% of the value of a $40m contract simply as recompense for their time and trouble".
In 1947, when wartime controls ended and food prices soared, Harry Truman raised margin requirements (the share of the value of a futures contract that a trader must post upfront with an exchange) to 33%, vowing that food prices should not be a "football to be kicked about by gamblers".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com