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

To: Forrest who wrote (1816)	7/13/2000 10:09:58 PM
From: Tunica Albuginea	Respond to of 4155

Forrest:Here's Wendt's business card when he goes to the Bank to ask for money: He is responsible for 38% of GE's net income: Revenues quicken.com Net Income quicken.com Cash Flow quicken.com Would you lend more money than he asks, to manage it for you? Would you be afraid of Chapter 11 ? TA --------------------------------------------------- Message #1816 from Forrest at Jul 13, 2000 8:06 PM The bank also has to figure what are its chances of getting its money back working with Wendt. vs What are its chances in Chapter 11. If they like Wendt they might even lend him more money.

To: Forrest who wrote (1816)	7/14/2000 1:42:58 AM
From: Cogito	Read Replies (1) \| Respond to of 4155

>>The bank also has to figure what are its chances of getting its money back working with Wendt. vs What are its chances in Chapter 11. If they like Wendt they might even lend him more money.<< Forrest - I'm with you. If one wants to find out about such things, one can look at what happened when Donald Trump's companies were out of cash and owed billions to banks. They couldn't afford to let him go under, and they knew he was a wheeler dealer who could probably make a go of things if they restructured the debt. It's a matter of public record what they chose to do. Of course, if people want to read fiction to try to find out how these things work, then that's their option. Tom Wolfe is always entertaining. - Allen