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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (17124)	9/29/2002 3:58:59 AM
From: VIPER85730	Respond to of 18998

Mr. Pink, >He makes no recommendation. All comments are made for amusement purposes only. All decisions are your own. He may be long or short or lying through His teeth.< Is the best money still from the short side or do you have a few longs you're eyeing up too now? Jeff

To: Mr. Pink who wrote (17124)	10/3/2002 4:41:21 PM
From: StockDung	Read Replies (2) \| Respond to of 18998

FURTHER VINDICATION!!->Conseco's Wendt Steps Down as CEO, Remains Chairman (Update1) By Dan Lonkevich Carmel, Indiana, Oct. 3 (Bloomberg) -- Conseco Inc.'s Gary Wendt will step down as chief executive officer and remain chairman as the insurance and finance company attempts to restructure $6 billion of debt. Talks with creditors will continue under Chief Operating Officer William Shea, Conseco said in a statement. ``Our day-to-day operations are in the hands of strong, capable leaders,'' Wendt said in the statement. ``Our management team, and in particular our business unit leaders, are doing an exemplary job. We have great confidence in them to keep the ship on course.'' Conseco last month hired investment bank Lazard LLC and Chicago law firm Kirkland & Ellis to advise it on the talks with creditors. An ad-hoc committee of bondholders hired Fried Frank Harris Shriver & Jacobson as legal adviser and Houlihan Lokey Howard & Zukin as their financial adviser. Mark Lubbers, a Conseco spokesman, didn't immediately return a call for comment. Shares of Conseco, which have dropped 98 percent this year, traded at 7 cents a share in Over-the-Counter Bulletin Board trading.