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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?

To: donjuan_demarco who wrote (1730)	7/12/2000 1:25:38 AM
From: Mr. Aloha	Read Replies (1) \| Respond to of 4155

Are you saying that this and other articles are wrong? Message 14029033 "Wendt received a $45 million after-tax bonus to take the job less than two weeks ago and will receive an additional bonus ranging from $8 million to $50 million depending on Conseco's share price in 2002. Before taxes, Wendt's signing bonus may have totaled close to $90 million, though a precise figure is impossible to calculate, one accountant said." It looks to me like this up front bonus is costing CNC a heck of a lot more than the stated $45 million. Can you please explain who pays the taxes on this amount if it's not CNC? Thanks... Mr. Aloha