After 25 years as CEO of the company, he was ousted by the board of directors in after years of allegations of sexual misconduct, poor judgment, and bad decisions. After he was fired, the company filed for Chapter 11 bankruptcy in October , emerged from reorganization in January , and filed for Chapter 11 a second time in November As of , American Apparel was owned by a Canadian company that planned to reintroduce the brand.
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What Is a Mad Hatter? A Mad Hatter in business is a top executive who baffles employees and shareholders by consistently displaying poor judgment, questionable conduct, or both.
The Mad Hatter in a public company may be pushed out by shareholders and the board of directors. Not much can be done about a Mad Hatter in a private company, who may hold the financial strings. Article Sources. It is said that in France workmen used their own urine, but one particular workman seemed consistently to produce a superior felt.
This person was being treated with a mercury compound for syphilis , and an association was made between mercury treatment of the fibers and an improved felt. Eventually the use of solutions of mercuric nitratewas widespread in the felt industry, and mercury poisoning became endemic. The crazy Mad Hatter of Lewis Carroll's Alice in Wonderland is becoming widely associated with the effects of Mercury on behavior as well as physiology. Mercury was used to process the felt hats used in England around Lewis' time.
Erratic, flamboyant behavior was one of the most evident alterations caused by mercury. Others included excessive drooling, mood swings, various debilities. But Lewis Carroll did not invent the phrase, although he did create the character. The phrases ' mad as a hatter ' and "mad as a March hare" were common at the time Lewis Carroll wrote was the first publication date of Alice.
The phrase had been in common use in , almost 30 years earlier. The earliest mention of a ' mad hatter ' appears to refer to one Robert Crab, a 17th Century eccentric living at Chesham, England. He gave all his goods to the poor and lived on dock leaves and grass. Carroll, however, seems to have based his mad hatter not on Robert Crab, but on a certain Theophilus Carter, not a hatter but a furniture dealer, who was known locally as the Mad Hatter, partly because he always wore a top hat, and partly because he was quite an eccentric and produced some wacky inventions.
Makers of felt hats would indeed often drool, tremble, talk to themselves and have bouts of severe paranoia, for reasons that only became clear later. Both in Europe and North America they were the eccentrics and madmen of the clothing trades, which gave rise to the phrase as used today. Lewis Carroll frequently used common expressions, songs, nursery rhymes, etc.
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