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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (23788)10/10/2007 7:37:07 PM
From: TobagoJack  Read Replies (1) | Respond to of 219082
 
<<Are you saying that lead paint is still legally used in China?>>

i believe that lead paint is illegal for most applications (as in not in accordance with regs) in china, as cocaine is illegal in the usa

in the case of mattel, it cut corners, when presented with alternatives, took the lowest bid, which by good chance was involved accepting criminal goods from criminals, and going several miles further, mattel paid for the goods, shipped them, advertised them comehither, on-sold, and collected loot

say a chinese company chose to accept a bid from usa company in texas that it knew or should have known almost necessarily involved the acceptance of some illegal substance shipped in from the south of the border, and then deliberately, meaning by systemic design, failed or substantively refused to inspect against what is legal and proper, and worse, shipped the goodies after payment, and say, got caught at houston port ... what would the headlines say? what would the cb ilaines of this world say?

my guess on the headline would be: "red star over houston, chinese company dealing in usa and encouraging growth of illegalities galore, with deliberation, forethought, malice, and causing more death and destruction in homeland, all for a few more good dollars"

that is what mattel was facing in china, and that was why it had to apologize, for it sinned due to moral lapse, it was greedy for the 20:1 retail price to import price differential, as opposed to simply settle for a obviously safe 15:1 differential that would have been 100% proper and legal and good.

china's message to mattel must have been, apologize, in public, on international tv, and mean it, or else, face the music and be regime-changed by nattel, the new toy brand that is all good to go at the push of a sovereign fund button in league with walmart and blackstone, and we hope the mattel board chooses wisely, but now