Too good to be true.

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  • Author(s): Zagorin, Adam
  • Source:
    TIME Magazine. 2/23/1998, Vol. 151 Issue 7, p47. 2p. 2 Color Photographs, 1 Graph.
  • Subject Terms:
    *FINANCE
  • Additional Information
    • Subject Terms:
      GREEN Tree Financial Corp. 040833725
    • Subject Terms:
      COSS, Lawrence
    • Abstract:
      Discusses how Lawrence Coss, the chief executive officer of mobile-home lender Green Tree Financial, may have to repay $40 million of the $102 million bonus he received in 1996. The contention that accounting errors led it to overstate profits; The disappointment of Green Tree's stock prices for shareholders; The growing number of competitors to Green Tree.