Mattel’s Recent Actions

Corporate greed is exemplified by Mattel’s latest moves.

Last week, Mattel announced the closing of a Kentucky manufacturing and distribution plant [“Mattel Will Shut Last U.S. Manufacturing Site,” April 4]. This puts an additional 900-plus Americans out of work.

This week, Mattel announced compensation of more than $12 million to its new executive for seven months on the job [“Mattel CEO Earned $12.5 Million in 2000,” April 10]. Obviously he earned it by downsizing Americans for cheap labor outside the country that buys the company’s toys. Perhaps he can help Mattel sell its toys in Mexico and Asia where they are being produced.

EDWARD L. VINCENT

Rancho Palos Verdes