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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (5101)10/8/1998 9:41:00 AM
From: Daniel Chisholm  Read Replies (1) of 78525
 
Paul, you mention buying some more Conseco (CNC).

What do you know about the sell(short?) recommendation that Ray Dirks had on them about six months ago? It's gone now, apparently Conseco and Dirks came to some sort of understanding. But I recall he was alleging that there was very serious accounting shenanigans going on. I found his detailed description to be very difficult to follow because even though I find the insurance industry interesting, I must admit that I understand it very poorly, and its accounting even less so.

- Daniel
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