French Vogue editor-in-chief Carine Roitfeld's shock announcement that she's leaving the magazine has spurred one juicy rumor: that she was fired. As the story goes, luxury brands were threatening to pull their advertising, and so Roitfeld was pushed out.

• American Apparel's stock is tumbling this morning, following news that the company's dodgy accounting has caught the eye of the U.S. Attorney's office. It's currently trading at 0.83. [AMEX:APP]
• Dov says: "The capital structure issues will work themselves out." [WWD]

• The Met Ball may be more fun than we ever imagined — most parties are after everyone is wasties! Here's Anna Wintour, almost smiling. And dancing with P. Diddy. Wait, is Katy Perry crowd-surfing or just on a table? [VillageVoice]

• The stylist who allegedly walked out on Mark Fast's show says it wasn't because the models were too "fat" - but because they were too fat to walk right! "The walk is very important,'' she explains. [Mirror]

• Yes, it's fashion week, yes, there are better things to talk about, and yes, we'll get to them after the jump, but first: Toby Keith's clothing line debuted. It's worse than we thought. [TMZ]

Who do you contact when you feel like your head is going to explode from disgust and horror? Get that person on the line: This page, from the September issue of Elle, features diamond pendants made in the shape of African masks. Responsible for this jewelry? De Beers, the company founded by Cecil Rhodes, the guy with…