SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (2469)8/21/2000 12:49:45 PM
From: donjuan_demarco  Read Replies (1) | Respond to of 4155
 
Fact:

<<<"Extension of the company's bank credit facilities will be required if the company is to meet its September debt
maturities," the company said in its SEC filing.>>>


Fact:

If a company is unable to pay its debts as they become due, it is insolvent. CNC cannot repay the debt coming due in September; ergo, it is insolvent.