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Recalled Mattel (MAT) toys found to have 180 times the lead limit

The headaches for Mattel, Inc. (NYSE: MAT) just keep on adding up, as the company's toys from this summer's recall have now been found to contain 180 times the amount of lead allowed by law. In addition, some jewelry sold by Oriental Trading Co. was found to have an ingredient mix that was 100% lead. That's positively alarming. 180 times the legal limit? Did Mattel's Chinese toy contractors dip all the toys in pure lead or something?

For China, this is not good news, although the brunt of the negativity will be taken in by Mattel. After so many product and food recalls from China in the last year, it's hard to imagine that exports from that country won't be under the heaviest scrutiny by a congressional subcommittee. If you're a parent and your confidence in the quality of those Barbie toys (and others) has not been shattered by all this, I'd love to hear your comments below.


Continue reading Recalled Mattel (MAT) toys found to have 180 times the lead limit

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