Kolaveri Girls

Frederick's Of Hollywood

Nice girls may go to heaven, but for over 60 years, bad ones have gone to Frederick's of Hollywood. Inventor of the push-up bra and the genius behind the first mass-produced thong -- just the thing the average mall-walker wants to surreptitiously adjust while getting a pretzel at Auntie Anne's -- Frederick's has always had a gift for innovation.

So why has it gone bankrupt not once, but twice? To undress this naughty, corset-clad retailer and find out,