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Resource ID: #19454
Subject: Business
Source: The Street.Com (New York)
Affiliation: 
Date: 9/7/01

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Description

Conseco was charged with using lax lending practices to hide bad loans according to former employees of the company. They also supplied documents to support the accusation. The claims helped bring about the financial ruin of the company due to its use of tricky accounting and other back room deals.

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