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International Bad Products Awards: Sleeping pills for kids and other 'winners'

Sleeping pills for children, exploding laptops, lead toys. There is a lot of dubious stuff out there. Lots of dangerous, bad-for you, waste-of-money products that are brazenly pitched to you and me, the hapless consumer. Sometimes the products are so bad you almost have to admire the companies with the chutzpah to put them out there. Almost.

Consumer activists had the same idea. But with a twist. Today, leading global consumer rights groups met in Sydney, Australia to hand out awards for the worst products and the companies that make them. The Consumers International World Congress hopes to hold major corporations accountable for their unrepentant and irresponsible hucksterism.

The envelope, please? And the winners of the 2007 International Bad Products Awards are:

Continue reading International Bad Products Awards: Sleeping pills for kids and other 'winners'

Mergers I'd like to see -- Mattel (MAT) and Waste Management (WMI)

Most mergers are driven by the notion, sometimes wildly mistaken, that the combination will bring both a competitive advantage. Some pairs of companies, however, seem so intuitively right for one another, no bottom-line considerations should be allowed to interfere with their matrimony. Like a toddler and a sleeping cat, the interactions of these two seem inevitable.

Poor Mattel, Inc., (NYSE: MAT). The company with fun as its main product has been repeatedly hammered with product recalls for lead-contaminated toys, just as the Christmas season toy stock build-up is in full swing. Santa won't be lining up this year for Mattel's lead-painted Barbies, Pixar Cars, Fisher-Price toys or "It's A Really Big World" sets. The company's supply chain needs a couple of extra links: China to Mattel to Retailer to Mattel to The Dump. Some see this as tragic, but I see an opportunity for integration.

Waste Management Inc.
(NYSE: WMI) has a solid grasp on a seemingly limitless American resource: trash. From the curbside to the rapidly growing U.S. mountain ranges of disposed goods, the company thrives on our discards.

Continue reading Mergers I'd like to see -- Mattel (MAT) and Waste Management (WMI)

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Last updated: December 02, 2008: 09:30 AM

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