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Lawrence Koppelman

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May 13, 1992 | James S. Granelli / Times staff writer
Anti-Recession Bonus: Lawrence Koppelman just can't understand why other companies haven't followed his effort to help bury the long-running recession. Since March 1, Koppelman, president of Western Bank Mortgage Co. in Costa Mesa, is offering his 320 employees after-tax bonuses of $1,500 to buy homes and $500 to buy new, American-made cars. "We feel that the way out of the recession is housing and auto sales," Koppelman said.
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BUSINESS
May 13, 1992 | James S. Granelli / Times staff writer
Anti-Recession Bonus: Lawrence Koppelman just can't understand why other companies haven't followed his effort to help bury the long-running recession. Since March 1, Koppelman, president of Western Bank Mortgage Co. in Costa Mesa, is offering his 320 employees after-tax bonuses of $1,500 to buy homes and $500 to buy new, American-made cars. "We feel that the way out of the recession is housing and auto sales," Koppelman said.
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