Financial Trouble and Bankruptcy
While generally praised by the toy community, Palisades' uncompromising devotion to adult collectors proved financially cumbersome. Many products laid within a narrow niche market of passionate fans or were simply unusual in scale or design; an example would be Mega Meatwad, a 5½" tall, non-articulated figure of the simple, limbless character. Yet comprehensive quality and large supply were being exerted on such selective merchandise. Despite such a staggering level of production, Palisades' also offered some of its merchandise at considerably low prices compared to similar high-end products within the industry. A combination of these factors may have attributed to deep expense on behalf of the acclaimed toy company.
Read more about this topic: Palisades Toys
Famous quotes containing the words financial, trouble and/or bankruptcy:
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nations agenda. I proposed to act on my belief that regardless of a familys financial condition, education should be available to every child in the United Statesas much education as he could absorb.”
—Lyndon Baines Johnson (19081973)
“At every party there are two kinds of peoplethose who want to go home and those who dont. The trouble is, they are usually married to each other.”
—Ann Landers (b. 1918)
“A womans whole life is a history of the affections. The heart is her world: it is there her ambition strives for empire; it is there her avarice seeks for hidden treasures. She sends forth her sympathies on adventure; she embarks her whole soul on the traffic of affection; and if shipwrecked, her case is hopelessfor it is a bankruptcy of the heart.”
—Washington Irving (17831859)