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.
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.