CHICAGO
02/21/2009 05:12 am ET Updated May 25, 2011

Obama's Suitmaker Facing Potential Bankruptcy

Even as Chicago men's suitmaker Hartmarx Corp. reveled in President Barack Obama wearing one of its Hart Schaffner Marx suits at his inauguration Tuesday, Hartmarx officials were facing a credit crunch that could threaten the 125-year-old company's existence.

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