Bamboo-zled: FTC says retailers fibbed about bamboo product claims

If you've bought a wonderfully smooth, silky feeling piece of clothing supposedly made from environmentally-friendly bamboo -- chances are you've been duped.

More than six dozen companies -- including some of the nation's biggest retailers -- are being warned by the Federal Trade Commission to stop mislabeling clothing and textiles made of rayon as being made from bamboo. In all, the FTC contacted 78 companies, including Wal-Mart, Target, Saks and Nordstrom, that they could be in violation of federal law by making the claim.