CARMEL, Ind. — Conseco Inc. is vehemently denying a media report that its loss-mitigation practices are hiding bad loans that could cause the company trouble.

A Conseco spokesman said that the report, which appeared on TheStreet.com, was “propaganda” supporting short-sellers of his company’s stock. “We will continue to answer absurd claims until there is no longer an upside in misinformation,” he said in a statement.

The spokesman said that Conseco’s loss-mitigation practices are “time tested” in the industry, and that the “best-performing companies are those that most successfully utilize these techniques to keep loans performing.”

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