American Apparel’s Potential Bankruptcy Filing Makes Dov Charney Feel Inspired

Charney, posing for a portrait in one of his stores in July, when the company faced getting delisted from the stock exchange. Is it just us or does he look like he wants to vomit? Photo: Bloomberg/2010 Bloomberg

"This is going to be a year of renewal for American Apparel," the CEO said following reports of American Apparel's $86 million losses, which might force the company to file for bankruptcy. "I am feeling so inspired." [NYP]