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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Ilaine who wrote (23780)10/11/2007 9:59:28 AM
From: TobagoJack   of 217617
 
<<A design flaw is a mistake. Selling poison to those who trust you is an ethical failure>>

following up to Message 23953813 , in a few sentences, i say

bull crap cb ilaine, design flaw my foot ... it is apparently a pattern of criminal behaviour engaged in for a long time. by an american company, led by americans, publicly listed, long heralded by wall street and supported by the likes of you with custom and words, heart and mind, and now, the dirty secret is out, news for you, defender of the indefensible

cfo.com

Bad Play: Mattel Sued for Keeping Mum on Toy Defects
Lapsed reporting was standard policy at Mattel for years, leading to repeated false and misleading financial reports, the complaint charges.


... They also charge Mattel executives and board members of hiding behind the delays “to make substantial insider profits” on stock sales before the bad news became public with regulatory disclosures and large-scale recalls.

The investors are seeking a disgorgement of profits by company insiders “who dumped large amounts of Mattel shares ahead of the worst of the disclosures earlier in 2007.”

...

The complaint alleges that similar delays held up reports of lead paint findings, even though the amount of lead particles detected in some Mattel toys ultimately tested at levels 180 times greater than the trace amounts allowed under U.S. law.


p.s. you ought to, though you will inevitably refuse to, reflect on the error of your ways

for the rot, by your rationale, must be systemic and cultural, and perhaps, by maurice's reasoning, biological

before i forget,

chortle chortle chortle
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