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Vendors are focusing on next week's earnings report, he said, where they will be looking at the company's cash-burn rate and status of loans.
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Variables related to listed loans include loan amount, interest rate, opening and closing dates, credit grade ranging from A (high quality) to HR (low quality), and the status of loan repayment.
Much of the revamping will start occurring once investors sell off or write down the value of the loans to account for decreases in home prices and the delinquent status of the loans, said Stan Ross, chairman of the Lusk Center for Real Estate at the University of Southern California.
A major issue for both men -- as well as for many other Conseco executives -- is the status of bank loans the men took out to buy Conseco stock.
Some online companies alert customers by e-mail when new listings become available, while others provide automated updates on the status of their loans.
Scotland Yard is investigating whether the 1925 law prohibiting the sale of honours has been broken, while the Electoral Commission is demanding more information about the status of the loans.
So it sounds as if there might be some confusion about the current status of your loans.
There just isn't enough information available there for me to make a definitive statement about the current status of your loans.
The confusion over the status of any loan added to the sense of bewilderment here over the speed with which the financial situation went from bad to worse.
"The system is easily gamed, and it sacrifices the great strength of banks as financial intermediaries their knowledge of their borrowers, and their incentive to police the status of the loan," he wrote.
A LEGAL case concerning the precise status of a loan by a British bank to a now insolvent paint firm might sound as interesting as, well, watching the defunct debtor's products dry.
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