Ruth Handler company, Ruthton Corp., formed by her and Peyton Massey, which manufactured a more realistic version of a woman's breast, called "Nearly Me". She personally fitted one for the then first lady, Betty Ford. In 1974, Handler resigned from Mattel after investigations of producing fraudulent financial reports. In 1978, Handler was charged with fraud and false reporting to the Securities and Exchange Commission. She pleaded no contest, was fined $57,000 and sentenced to 2,500 hours of community service.She blamed her illness for making her "unfocused" on her business. Though the Handlers took a more hands-off approach to their company's business practice
Performo Toy Company cartoon characters in the history of animation industry. The similarities between both mice have led to speculation that Walt Disney stole his most successful idea from the Performo Toy Company. The wooden mouse was very popular in New York City (where Performo's distributor was located) in 1928. Coincidentally, at about the same time, Disney thought of the idea for his animation studio's new character and began drafting cartoons, which then aired as shorts, padding the time between one film and the next, and were extremely popular. Other shorts included newsreels, which showed film of events from around the world, much