clipped from: sify.com   

US First Lady Michelle Obama appeared to throw recession out the window by flashing 5,950 black envelope clutch during a stroll in a wooded landscape outside of Moscow.


She sported the expensive shiny manila alligator clutch made by Italian luxury goods company VBH.


The mum-of-two has sported pricier items before when she was snapped sporting a pair of sneakers, worth 540 dollars, by French design house Lanvin at a D.C. food bank in late April. (ANI)