Want the news summarized?Subscribe to The Morning Report. Subscribe Now Let me read it first Success! You're on the list. Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again. Processing… Thursday, June 15, 2006 | Re: “Actuary: $162M Payment is ‘Defensible.’” Bollocks. He knows it. They know it. We know it.