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rekcusdo

05/11/17 7:51 PM

#410414 RE: Fuse78 #410412

"I don't think you'll find what you seek, it will probably be vague. "

Yes, that's what I'm expecting.

I'd love to be proven wrong...but I don't think I will be.

"He as the conservator needs to " preserve and conserve", ya know, the basic duty of a conservator."

Yes...and this doesn't give him the right to renege on a contract. We'll need to see what he says.

"Which could be easily meant as keeping a capital buffer. Which does make complete sense in the true sense of that duty... "

Sort of...If that's all it took to break a contract though, then contracts would be meaningless.

jog49

05/11/17 7:53 PM

#410415 RE: Fuse78 #410412

He's been the conservator all along, including the time the NWS was started. Why should he be awakened now except to tell him to get his ass out of Washington?