Rag Times, from Pitt T. Maner III
Here is an article about a fashion indicator for contrarians. Hair shirts for banker penitents would seem appropriate also:
A key player in the riches to rags department is Christopher Bailey for Burberry, who Saturday evening sent tousle-haired youths wearing Oliver Twist caps down the runway in crumpled shirts, slim trousers, heavy knit sweaters and desert boots with an exaggeratedly pointed toe. All-purpose tweed overcoats and a trademark Burberry plaid ring scarf complete the tough-times look.