despite selling deadly toys to our kids, by their TAX write offs.
"Tax Gains Offset Recalls at Mattel in 4Q
AP, EL SEGUNDO, Calif. (AP) - Mattel Inc., maker of Barbie, Hot Wheels and Fisher-Price toys, said Thursday its fourth-quarter profit rose 15 percent, as tax gains helped offset product recall-related charges, and the company approved an added $500 million stock buyback.
Net income grew to $328.5 million, or 89 cents per share, from $286.4 million, or 75 cents per share, a year ago. The latest period includes charges of about $42 million related to the company's recalls of lead-tainted toys, and tax benefits of $47.3 million."
http://money.aol.com/news/articles/_a/tax-gains-offset-recalls-at-mattel-in-4q/n20080131064409990004So Mattel corporation sells toxic toys to young children and makes hundreds of millions in profit, while a returning vet sleeps under an overpass. So glad America could be so profitable for so few.