Updated menu to hide the Managed Bookmarks to follow the folder's name.

chrome/browser/ui/views/bookmarks/bookmark_bar_view.cc

 // Copyright (c) 2012 The Chromium Authors. All rights reserved.
 // Use of this source code is governed by a BSD-style license that can be
 // found in the LICENSE file.
 
 #include "chrome/browser/ui/views/bookmarks/bookmark_bar_view.h"
 
 #include <algorithm>
 #include <limits>
 #include <string>
 #include <vector>
@@ skipping 1500 matching lines @@
   DCHECK(index >= 0 && index < GetBookmarkButtonCount());
   views::View* button = child_at(index);
   RemoveChildView(button);
   base::MessageLoop::current()->DeleteSoon(FROM_HERE, button);
   Layout();
   SchedulePaint();
 }
 
 void BookmarkBarView::BookmarkNodeChangedImpl(BookmarkModel* model,
                                               const BookmarkNode* node) {
+  if (node == client_->managed_node()) {
+    // The managed node may have its title updated.
+    managed_bookmarks_button_->SetAccessibleName(
+        client_->managed_node()->GetTitle());
+    managed_bookmarks_button_->SetText(client_->managed_node()->GetTitle());
+    return;
+  }
+
   if (node->parent() != model->bookmark_bar_node()) {
     // We only care about nodes on the bookmark bar.
     return;
   }
   int index = model->bookmark_bar_node()->GetIndexOf(node);
   DCHECK_NE(-1, index);
   views::TextButton* button = GetBookmarkButton(index);
   gfx::Size old_pref = button->GetPreferredSize();
   ConfigureButton(node, button);
   gfx::Size new_pref = button->GetPreferredSize();
@@ skipping 379 matching lines @@
   DCHECK(apps_page_shortcut_);
   // Only perform layout if required.
   bool visible = chrome::ShouldShowAppsShortcutInBookmarkBar(
       browser_->profile(), browser_->host_desktop_type());
   if (apps_page_shortcut_->visible() == visible)
     return;
   apps_page_shortcut_->SetVisible(visible);
   UpdateBookmarksSeparatorVisibility();
   Layout();
 }