barack obama

President Barack Obama furiously slammed Wall Street titans who took 18.4 billion dollar bonuses while taxpayers bailed out their industry as "shameful" and guilty of acute "irresponsibility."

Hartmarx Corp., the Chicago parent of prominent apparel brands like Hart Schaffner Marx, Hickey-Freeman and many others, said late on Friday that it filed to reorganize under Chapter 11 of federal bankruptcy law.

In a statement, Hartmarx cited "the substantial decline in discretionary apparel purchases by consumers and by the company's retail customers, particularly at the luxury price points, coupled with a significant contraction in borrowing capacity under the company's senior credit facility."

In the world of trashy fashion, designer Nancy Judd has hit the big time. Ms. Judd spends her days in a studio here crafting clothing from castoff plastic bags, electrical wire and old cassette tapes. Now, her Dumpster couture has caught the eye of environmental activists, who plan to showcase her work in Washington at Saturday's Green Inaugural Ball honoring President-elect Barack Obama.