4 ms·

When the parent comment said "they could set up an insurance fund", I believe they didn't mean a literal contract with an insurance company, but a straight up s

When the parent comment said "they could set up an insurance fund", I believe they didn't mean a literal contract with an insurance company, but a straight up savings fund set up by Marriott to be used in the future specifically for expenses like that.

isostatic 7y ago
That's still self insurance, and it's still going to hit them for $800m next time they have a leak. Will have to be a big fund.
- filoleg 7y ago
  Of course. My comment was mostly directed towards the "interesting to see who will insure them against that" part.