Well, there's got to be a dollar amount that it's worth to them to have fully funded liabilities, and if it's as high as you seem to be saying then I'm pretty s

Well, there's got to be a dollar amount that it's worth to them to have fully funded liabilities, and if it's as high as you seem to be saying then I'm pretty sure they could have gone to an investment bank or insurer or something and gotten them to write a custom product to cap their liability. I thought a good part of investment banking business consisted of corporate finance deals to shift miscellaneous risks like this off their clients' books. My guess is that it's just the sheer cost that American balked at, not the uncertainty in exactly how much he would cost them.