Mattel for Barbie (film series). Mattel purchased The Ringling Bros. and Barnum & Bailey Circus in 1971 for $40 million from the Feld family, whom Mattel kept as management. Mattel sold the circus corporation by December 1973, despite its profit contributions, as Mattel showed a $29.9 million loss in 1972. In 1974, an investigation found Mattel guilty of issuing false and misleading financial reports, banishing Elliot and Ruth Handler from their own company. In 1991, Mattel moved its headquarters from Hawthorne, California to El Segundo, California. Arthur S. Spear, a Mattel vice president, took control of the company in 1975, who
Daniel Handler Student Poet Prize, which he claims was earned by ripping off Elizabeth Bishop. He is an alumnus of the San Francisco Boys Chorus. He is married to Lisa Brown, a graphic artist whom he met in college. They have a son, Otto Handler, born in 2003. They live in an old Edwardian house in San Francisco. Handler is politically active and helped form LitPAC. In the June 10, 2007 edition of "The New York Times Magazine", Handler revealed ambivalence toward his wealth and the expectations that it creates. He stated that he is often asked for money for charitable causes