Friday, October 05, 2007

Food Recall becomes Bankruptcy for Topps Meats

BANKRUPT

Tying together my earlier and recent posts on management priorities and product recalls comes an unfortunate real life example.

In one week Topps has gone from the largest US producer of frozen hamburgers to bankruptcy under the weight of the recall of beef for E coli for what inspectors called inadequate protections at their plant.

The C.E.O. called the event "tragic."

I agree.

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