American Apparel's Bankruptcy Is Inevitable

Things have gone from bad to worse for the pants-optional C.E.O. and his t-shirt company. To put it nicely, it's highly probable that the retailer will go bankrupt — and soon. Bluntly: American Apparel is probably fucked. Here's why. » 7/30/10 5:05pm 7/30/10 5:05pm