Spain provides paid maternity leave of 16 weeks with 30-50% of mothers returning to work (most full-time) after this, thus babies 4 months of age tend to be placed in daycare centers. Adult-infant ratios are about 1:7-8 first year and 1:16-18 second year. Public preschool education is provided for most children aged 3–5 years in "Infantil" schools which also provide primary school education.
Chief Executive Grassgreen led the company on an ill-conceived diversification plan in the late 1980s. The idea was suggested by Michael Milken, an investor from the firm of Drexel Burnham Lambert. In the 1980s, Kinder-Care acquired a wide variety of companies such as American Savings for $188 million. They also purchased photo studios, shoe stores and even invested in a foreign fertilizer manufacturer. As a result, the company's debt load increased from $10 million to about $620 million in 1988. The company found itself in deep financial trouble after the stock market crash in October 1987.
KinderCare agrees to pay EIGHT THOUSAND DOLLARS ($8,000) in compensatory damages to each of the three (3) aggrieved individuals/families previously identified by the United States in its investigation. Within ten (10) business days of KinderCare's receipt of an executed release and a form W-9 from each, (release attached hereto as Attachment A), KinderCare shall forward a check to the United States in the appropriate sum, and made payable to each such individual in his or her full legal name, as identified to KinderCare by the United States.