Obama hot under collar over jacket ad
Passersby in New York gawked Thursday at a huge, unauthorized advertisement for jackets featuring President Barack Obama -- and the White House was not amused. [AFP / Google News]

Angelina Jolie No Longer the Face of St. John
While Angelina Jolie hasn't appeared in an ad for St. John for some time, the luxury knitwear company is speaking out on the absence of her famous face from their campaign. The label's chief executive officer Glenn McMahon tells WWD, "[Jolie] overshadowed the brand. We wanted to make a clean break from actresses and steer away from blondes and cleanse the palette." [People Style News]

Beyonce Speaks Out on Working For Gaddafi
The party in St. Bart's on New Year's Eve, with Beyoncé in performance, was hosted by Muatsim-Billah Gaddafi, not his brother Moutassim Bilal "Hannibal" Gaddafi, as reported in the press. [Bossip]

Man With World's Largest Penis, Unemployed In New York
Unemployed and living with his mother, Falcon is but one of the 20% of working-age American men without a job. Yet Falcon has something no other man has: the record for the world's largest penis. [The Huffington Post]

Geithner called to explain AIG bailout secrecy
Treasury Secretary Timothy Geithner will face a congressional grilling later this month about the suppression of details on deals that funneled billions to big investment banks while he was president of the Federal Reserve Bank of New York. [Yahoo News]

U.S. Job Losses in December Dim Hopes for Quick Upswing
The American economy lost another 85,000 jobs in December and the unemployment rate remained at 10 percent, setting back hopes for a swift recovery from the worst downturn since the Great Depression. [The New York Times]