Comment on Here is what ousted CEO Dov Charney thinks about the American Apparel bankruptcy (APP)

Here is what ousted CEO Dov Charney thinks about the American Apparel bankruptcy (APP)

I spoke to American Apparel founder Dov Charney this morning. Although the company filed for bankruptcy last night, about 18 months after he was fired, his mood was ... strangely ebullient. He remains furious that his company has been trashed by its new management, of course. But the fact that it now needs to be restructured, with a potential asset sale in bankruptcy court, opens up the possibility — the slim possibility — that he could get his baby back.

 

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