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Can you guess why CBS New York thinks Calvin Klein's latest Houston Street billboard is controversial? Hint: It has nothing to do with model Lara Stone's remarkable cleavage. In fact, the purported scandal has nothing to do with Stone at all. Instead, it's about the table behind her and the logo to her right.

Still stumped? According to CBS, the table leg forms the letter "F." Add that to the "U" of Stone's bikini bottom and the "CK" of the CK One logo, and you get a naughty word. "Calvin Klein is pushing the line again with one of its ads," says the report. "Or maybe it isn't." Strong words, CBS. Strong words indeed.

· Calvin Klein Billboard Raises Eyebrows In Lower Manhattan [CBS New York]

· Aw, F**k! Is The Latest Calvin Klein Billboard Cursing? [Gothamist]

· All billboards coverage [Racked NY]