Unlike other First Ladies, Michelle Obama funnels most of her contact with fashion designers through a boutique owner. This is a scandal only in the tiniest, most adorable way.

What's Facebook really worth? The fast-growing social network is adding to its 150 million users effortlessly. But revenues aren't growing as easily. And that has Mark Zuckerberg's company tied up in legal and financial knots.

Here's Joaquin Phoenix on David Letterman later tonight, either stoned out of his mind or just medically catatonic (or both). Letterman makes several heroic efforts to politely prompt Phoenix before ruthlessly mocking him.

· We're not sure what it is they're cooking on Late Night, but it requires some extra-salty language. (Tee hee!)

Hello Top Chef lovers, wherever you are! With Valentine's Day just around the corner, why not join us in posting a few hundred sweet nothings to the reality-show object of our viewing affections?

Flack April Dunford did not instantly return a call from hack David George-Cosh of Canada's National Post. He got mad. She turned to Twitter to vent her annoyance. He got even madder! How mad?

· Mortified LA: Doomed Valentine's Show offers an evening of epically humiliating romantic raconteurship. Misery loves company, especially around this time of year. At King King.

People are pissed off about YoBusted.com: It posts embarrassing pictures and won't take them down unless you pay a "membership fee." Welcome to the photo-extortion hell celebrities already live in.

Sundance darling Push is at the center of a bitter tug-of-war, with The Weinstein Company filing multiple suits against Lionsgate and Cinetic, the company that brokered the deal, alleging fraud and breach of contract.

In this economy, ABC can't afford to only let go every gay, gay-adjacent, or gay-hating actor on Grey's Anatomy. Other ABC series are feeling the burn, and two newly departing actors were announced today.

"Met: Are you hiring?????" That's the question a Bank of America worker pasted on his office window in a midtown-Manhattan skyscraper. The giant, troubled bank's building is next to MetLife, a more solvent insurance firm.

Vogue editor-at-large André Leon Talley told CNN's Wolf Blitzer his magazine didn't mean to put Michelle Obama "on a pedestal" with its new cover. Um, OK.

If Miley Cyrus wants to make amends with the Asian community in the wake of her scandalous, slanty-eyed snapshots, perhaps she should ring up Margaret Cho, who's just penned her a new tune.

• Richie Rich is back. Traver Rains won't be by his side, but Richie will show a solo collection during Fashion Week, and muses Amanda Lepore and Lydia Hearst will be in attendance, natch. [WWD]
• Proof that bling really is dead: Kimora Lee Simmons says she's toning down, since "now's not the time to be running all over and flaunting the money that we don't have." [WSJ]
• André Leon Talley's interview with Michelle Obama from the March issue of Vogue is now online. [Style.com]
• A roundup of what's left of the fall/winter collection at various stores. [MAS]
• A list of Valentine's Day-inspired goodies. [Pipeline]
• Remember Rachel Zoe's lawsuit last week? Yea, well, t-shirt designer Christopher Sauvé isn't putting up with any of it. [NYM]
• You can rest easier now. Jessica Simpson is launching a luggage line. [SW]

Apple's got the iPhone. Google's got Android. Even Amazon has the Kindle. After flirting several times with the ooohs-and-aaaahs gadget business, Intel convened a brain trust last week to work on their own mobile phone.

Stand-up comedy is usually boring live (and especially boring on television), but we always check the trades for comics getting their own shows. Most go sitcom, but we prefer comics who do something original.

Internet commenters, why do you hurt Jimmy Fallon so? [W]

Hah, it's funny because stoners get high, right? NORML sent out this outraged petition on behalf of hero swimmer Michael Phelps.

Which Idol judge was beaten hardest with a bad-taste-bat? [EW]

[Taken in 1935 at the corner of 32nd and Third. So many magazines! So much hope for that industry's future. Image via NYPL]