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Non-Tech : Conseco Insurance (CNO)
CNO 40.33-2.3%Nov 5 3:59 PM EST

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To: Mama Bear who wrote (1724)7/11/2000 3:11:21 AM
From: Mr. Aloha  Read Replies (1) of 4155
 
They quote the pay as $45 million, but it actually costs CNC about $75 million, because the $45 million is the "after tax" amount. Now how can a company headed for bankruptcy afford to give up that much cash up front without further jeopardizing their financial survival?
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