Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 44.64

+5.5%

Feb 6 9:30 AM EST

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To: John Carragher who wrote (674)	4/7/1998 9:50:00 AM
From: jerry carlson	Read Replies (1) of 4155

CNC board, Like John I am a holder of GNT, and glad to be part of CNC/GNT. Green Tree is a great company, but I think the combination with CNC will bring more stability to the wild swings in GNT fortunes. Congress should feel the pressure from this and yesterdays CityCorp/Travelers merger. This morning on CNBC, Gingrich said the House could act in 3 days to appropriately modify Glass-Steagall if the Senate would take the lead. Another example of the "Market" leading and the gov following. Apparently, without any legislative action this type of merger can take place and several years are allowed for companies to meet the required separation of financial institutions not being in the insurance business and vice versa. Perhaps someone knows the details of the current law. I wanted to be a CNC stockholder, and now it looks like luck will make me one. Jerry

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