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Mccain's Midas Touch


"Five years ago, the outdoor footwear company, Crocs, was started by a couple of entrepreneurs with a great idea, ingenuity and drive. This former small business now employs 600 people in Colorado alone, and sells over 50 percent of its products in 90 countries around the world."

--John McCain, July 7, 2008

"Shares of Crocs Inc <CROX.O> lost about half of their value on Thursday after the shoemaker slashed second-quarter and 2008 profit and revenue forecasts on an unexpected slowdown in business and weak reorders."

--Reuters, July 24, 2008

--Jonathan Chait