Feuerstein began working for the family company, Malden Mills, after he graduated in 1947. By the 1970s, he began to take charge of the company, leading it during the disastrous fake fur market. On 9/11/1981, the company was filed for bankruptcy and had to lay off workers. Feuerstein used his insurance money to rebuild it, and to pay the salaries of all the now-unemployed workers while it was being rebuilt. Feuerstein spent millions keeping all 3,000 employees on the payroll with full benefits for ninety days. He came to prominence globally by going against common business practices, especially at a time when many companies were downsizing and moving overseas. "By the end of 1996 the plant was rebuilt." said that he could not have taken another course of action due to his study of the
Talmud and the lessons he learned there: This cost Feuerstein $25,000,000 and his CEO position as his family lost control of the company. In January 2007, however, Malden Mills filed for bankruptcy again and ended production in July. The company's underfunded (by 49%) pension was abandoned due to sale of corporate assets. ==Personal life==