EXHIBIT 2

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13D with respect to the common stock of Conseco, Inc. dated as of November 23, 2009 is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.

Dated:  November 23, 2009

PAULSON & CO. INC.

By:  /s/  Stuart L. Merzer

Name:    Stuart L. Merzer

Title:      General Counsel & Chief Compliance Officer

PAULSON ADVANTAGE MASTER LTD.

By:  Paulson & Co. Inc., as Investment Manager

By:  /s/  Stuart L. Merzer

Name:    Stuart L. Merzer

Title:      General Counsel & Chief Compliance Officer

PAULSON ADVANTAGE PLUS MASTER LTD.

By:  Paulson & Co. Inc., as Investment Manager

By:  /s/  Stuart L. Merzer

Name:    Stuart L. Merzer

Title:      General Counsel & Chief Compliance Officer

PAULSON ADVANTAGE SELECT MASTER FUND LTD.

By:  Paulson & Co. Inc., as Investment Manager

By:  /s/  Stuart L. Merzer

Name:    Stuart L. Merzer

Title:      General Counsel & Chief Compliance Officer

PAULSON RECOVERY MASTER FUND LTD.

By:  Paulson & Co. Inc., as Investment Manager

By:  /s/  Stuart L. Merzer

Name:    Stuart L. Merzer

Title:      General Counsel & Chief Compliance Officer

/s/  Stuart L. Merzer

Stuart L. Merzer, as Attorney-in-Fact

For John Paulson