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


To: JM who wrote (519)12/14/1997 3:15:00 PM
From: M.A. Miller  Respond to of 4155
 

Top Business/Financial News
Sun, 14 Dec 1997, 3:12pm EST
Good News (long term) for all financials, including CNC. Dirks out with an even more negative story after CNC buyback announced. I'm not sure what to think about Dirks. He's playing on the Oxford scare.
It's getting to the point where you don't know what to believe. I think CNC is one big acquisition away from blowing Dirks and his shorts out of the water.

Global Pact on Banking, Insurance, Securities Trade Reached
Over 70 countries representing 95 percent of global trade in banking, insurance and brokerage services sealed a deal early today to eliminate major barriers to the flow of financial services trade. In general, the pact will make it easier for banks, insurers, brokerages and other financial-services companies to set up foreign subsidiaries and more difficult for governments to impose regulations that favor local rivals.