Paulson Comments on Conseco (CNO) Investment in E-Mailed Statement

October 13, 2009 4:34 PM EDT

In an e-mailed statement from John Paulson, the fund manager said:

"We believe Conseco (NYSE: CNO) has a sound business model and with this financing, a much improved financial position. We have great confidence in Conseco's future direction, in Jim Prieur, his management team and the board of directors."


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