Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 40.02

+0.3%

Oct 31 9:30 AM EDT

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To: Tunica Albuginea who wrote (3036)	9/21/2000 1:57:38 PM
From: Kevin Podsiadlik	Read Replies (1) of 4155

Let's just put it this way. If AIG was really that hot to acquire Wendt, they could save themselves a lot of trouble and money by just hiring him away. Throw $100 million at Wendt, another $100 million at CNC to compensate them for losing Wendt, done deal, and they've just saved themselves the hassle of a few billion dollars of debt. IMHO it's nothing short of madness to think that AIG would voluntarily take on someone else's debt crisis just to acquire their CEO. And in the unlikely event AIG is stupid enough to go that route, I will be happy to exchange my CNC short position for one in AIG.

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