How Many More Recalls?
It's happened again:
If I remember my recovery messages right, that's a symptom of insanity.
Mattel Inc. is on the verge of announcing another major toy recall, its third this summer, say people familiar with the matter.Are contracts being canceled? Are orders being placed with dependable American companies? Or is American business continuing to try China again and again, expecting different results?
The recall, to be announced tomorrow jointly by the company and the Consumer Product Safety Commission, involves about 775,000 toys, all of which are believed to contain unsafe levels of lead paint, these people said. Two of the toys are designed for preschool-aged children -- one a musical instrument and the other a train toy marketed under the name "GeoTrax." About 100,000 will be affected.
But the lion's share of the recall will affect Mattel's core brand, Barbie. Seven accessories associated with the dolls are set to be recalled, a total of 675,000.
If I remember my recovery messages right, that's a symptom of insanity.
Labels: China, Economic Policy
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