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And previous witnesses already had testified about meetings in which Skilling heard about Enron's deteriorating financial condition and approved Fastow's outlandish "special-purpose entities" designed to hide those losses from the public.
FORBES: Magazine Article
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This is the same criterion used by the actuary of Social Security to compute the ultimate measure of the long-term financial condition of Social Security and used by private lenders in determining whether the purpose to which a prospective loan is put will increase the present value of a company's future cash flows by more than the amount of the loan.
FORBES: Magazine Article
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BCCI's financial condition prove not misfeasance, but the Bank's open process and seriousness of purpose.
ECONOMIST: BCCI: Old wounds | The
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If the court agrees that Mr. Breivik is insane, he will be sentenced indefinitely to compulsory psychiatric care in a purpose-built facility inside the Ila prison, with regular reviews of his mental condition.
WSJ: Prosecutors Seek Psychiatric Care for Breivik
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The then-40-year-old artist had been in the market for a building to live and work in, and this one suited every purpose: The wide-open floors, the abundant daylight, even the shabby condition of the structure gave it a special appeal.
WSJ: Donald Judd's SoHo Haven