Originally Posted by
HelloNewnan
The Whitlow Decision was like 25+ years ago. If the company can't figure out reserves in that span of time, then I have no sympathy.
For the newbs in case your are scratching your heads about Whitlow here's a quick synopsis:
James Whitlow served as the Deputy Chief Counsel for the FAA and on November 20, 2000, he provided an interpretation of FAR 121.471 which is known as the Whitlow letter. It came in response to an October 15, 2000 episode of 60 Minutes titled "Sleepless in the Cockpit".
You can use google-fu to learn more.