"... to hand over to a trustee..."

As in BANKRUPTCY TRUSTEE!

They've finally admitted it for those with eyes to see and brains to think - the remaining assets (which are much less than our liabilities) are being sequestered by a trustee to be distributed to our creditors in bankruptcy proceedings - this is also why Detroit pulled its own plug today - the gig is up - expect many more municipalities (and then states) to follow suit as the sequestration works its way down the transfer payment daisy chain route...