How can you go bankrupt with Lego? That's almost like going bankrupt with Coca Cola. It's probably one of the most if not the most recognizable toy brand there is. I'll have to read up on this, sounds like a fantastic voyage of mismanagement, if true.
https://blog.firestartoys.com/how-the-lego-company-almost-we...
It happened in the early 2000's. They actually posted a loss one year.