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...savored fat bonuses last month after their companies pulled in record sales and profits. But not Lawrence Coss, the chief executive officer of mobile-home lender Green Tree Financial, who in 1996 surprisingly topped the list of highest-paid corporate leaders--overshadowing such titans as the Travelers Group's Sanford Weill and Walt Disney's Michael Eisner. Whoops! To his dismay, Coss may have to repay $40 million of the $102 million bonus he received that year because Green Tree now concedes that accounting errors led it to overstate profits. Says the taciturn and reclusive Coss of the financial revision...

Author: /time Magazine | Title: Too Good To Be True | 2/23/1998 | See Source »

...Nino [VIEWPOINT, Nov. 17]. The potential connection between global warming and the increased frequency of El Ninos in recent decades was taken directly from peer-reviewed scientific articles. Attempts to educate the public about science should be based on true scientific understanding, and not on subjective journalistic whim. ERIC SANFORD, Ph.D. candidate Department of Zoology Oregon State University Corvallis...

Author: /time Magazine | Title: Letters: Dec. 8, 1997 | 12/8/1997 | See Source »

...here to stay. The problem: new technology makes it impossible to distinguish between mail you want and spam you don't. Courts may offer temporary relief, but serious spammers say the new suits don't have them worried. "We've been through 12 lawsuits since last year," says CyberPromotions' Sanford Wallace, "and have still shown a profit every quarter...

Author: /time Magazine | Title: Techwatch: Nov. 3, 1997 | 11/3/1997 | See Source »

...shows are an eclectic if often insipid mix of music videos, infomercials and reruns of sitcoms such as Sanford and Son, along with talk and news shows produced in-house. But the programming comes dirt cheap. Profit margins currently run in the 50% range, in contrast to about 35% for many cable companies. The network already reaches 98% of all black cable homes, so future growth will have to come from new ventures. For example, the BET on Jazz cable channel, which features live performances, has more than 2 million domestic and 300,000 foreign subscribers...

Author: /time Magazine | Title: BET'S TOO HOT A PROPERTY | 10/20/1997 | See Source »

...Sanford Weill, chairman of Travelers Group, is known to keep reams of business information in his head--for instance, precisely when he stomped out as president of American Express after clashing with then-CEO James Robinson. "August 1985," he says, correcting a reporter about the time of the event. In a decade of almost nonstop dealmaking since then, Weill has not only clawed his way back but last week was being hailed as the new king of Wall Street after Travelers sealed a $9 billion deal to acquire Salomon Bros., one of the world's largest bond-trading houses. Says...

Author: /time Magazine | Title: SANFORD WEILL: WALL STREET'S HIGHFLYER | 10/6/1997 | See Source »

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