This Week In Executive Compensation: $12.2 Million For Mattel's Conniver-In-Chief

Let’s say you run a toy company. Your retarding poison toys earn you a well-deserved public flogging, which you escape by scapegoating Chinese workers. The media doesn’t realize, until it’s too late, that the real culprits are the dangerous domestic designers you employ. Sales inch up marginally. Do you deserve $12.2 million, a 68% raise? Mattel’s Board of Directors thinks so!

Members Of Congress Implore Mattel To "Do The Right Thing," Recall Lead-Tainted Toy Blood-Pressure Cuff

Members Of Congress Implore Mattel To "Do The Right Thing," Recall Lead-Tainted Toy Blood-Pressure Cuff

56 Members of Congress want to know why Mattel CEO Robert Eckert refuses to issue a nationwide recall for a toy blood-pressure cuff that is contaminated with lead. The affected blood-pressure cuff, sold as part of the Fisher-Price Medical Kit, was recalled exclusively in Illinois after Mattel received a complaint from State Attorney General Lisa Madigan. Legislators want Eckert to stand by a pledge made to reassure a jittery public before the holiday buying season that Mattel would ‘earn back our trust with deeds, not just with words.’

The Unpleasant Truth Behind Mattel's Unexpected Apology

The Unpleasant Truth Behind Mattel's Unexpected Apology

Mattel takes full responsibility for these recalls and apologises personally to you, the Chinese people and all of our customers who received the toys. It is important for everyone to understand that the vast majority of these products that we recalled were the result of a flaw in Mattel’s design, not through a manufacturing flaw in Chinese manufacturers.

Liveblogging The House Energy And Commerce Subcommittee Hearing On Toy Safety

Liveblogging The House Energy And Commerce Subcommittee Hearing On Toy Safety

Parading before you today will be two familiar panels: The first will feature acting Consumer Product Safety Commission Chair Nancy Nord and Commissioner Thomas Moore, who skipped out of last week’s hearing for a dentists appointment. The second will be devoted solely to Mattel CEO Robert Eckert.

Mattel, Lead, Congress, Matthew 19:24

Mattel, Lead, Congress, Matthew 19:24

Testifying before congress today, Mattel CEO Robert Eckert demonstrated the size of the aperture it’s easier for a camel to pass through than for a lead toy manufacturer to get into heaven. [NYT]