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Bankrupt, and Yet Wealthy

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We've heard the Enrons of the world file for bankruptcy. Massachussets based Malden Mills did the same -- but for entirely different reasons. In 1995, when the Malden Mills caught fire, the CEO and owner of the family run business decided to continue to pay his thousands of idled workers for a full six months! It was a decision that ended up bankrupting the three generation old company, but Aaron Feuerstein, the CEO and owner, says: "Maybe on paper our company is worthless to Wall Street, but I can tell you it's worth more." Watch this inspiring video as Aaron shares his rationale for making the ethical choice.
Be The Change
1

Read more in the Mensch of Malden Mills, a 60 Minutes interview with Aaron Feuerstein.

2

EnlightenNext brought together some heroes of the corporate world to glean their collective wisdom.  Check it out!

3

Next time you're faced with a dilemma, do the right thing.  Be the change you wish to see in the world.

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Reflections (9)

Alain Clermont
This brought tears to my eyes. Whata wonderful human being.
JC
Aaron Feuerstein is such a great man...and living proof of true greatness humans are capable of being even amidst trouble and harsh economic times. God bless you and your family!
Clarice from California
Truly an inspirational soul.
What a legacy.
ONE HECK OF A GREAT GUY.
joe
This wonderful man needs to be duplicated!
N.S.PADMANABHAN
MANAVASEWAYE MADHAVA SEWA
SERVICE TO MANKIND IS SERVICE TO GOD
Vanessa Thomas
An exceptional human the world and especially the business world needs more people like this.I do know they are out there we they just need to be more visible.To this man he is a shining beacon in what sometimes sometimes seems dark times.
Dhara
God bless Aaron Feuerstein! It brought tears to my eyes to see such generous act of kindness and a lot of inspiration! It would be an honor to work for such a great man.
kb
Aaron Feuerstein embodies the golden rule. We are incredibly blessed to have a man like him walking the earth today. Blessings to him and his family and all others who see the world with a similar perspective!
Sahil
Aaron Feuerstein's a great man. I salute him.

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