It did so not with insurance policies but by creating three special-purpose entities in 2001.
The transactions resembled in some ways the special-purpose entities Enron used to move debt off its books.
It is a matter of dispute among bond rating agencies, the university and the special-purpose entity.
If not, the special-purpose entity would still own the planes.
When you talk about special-purpose entities, that's difficult to avoid.
At that point, another special-purpose entity came into play.
Black & Decker sold its stock in the special-purpose entity for $1 million.
It is, of course, those same auditors whose judgment will be required to apply the new rule on special-purpose entities.
At the moment, the special-purpose entity set up by Dell does not have to make any public filings.
"But everything else that uses a special-purpose entity is up for reconsideration," he said.
