TMZ Live Lisa Lampanelli Arnold & Sly Photo Is a Fraud

2/9/2012 11:00 AM PST

TMZ Live: Lisa Lampanelli -- Arnold & Sly Photo Is a Fraud

Comedy's Queen of Mean Lisa Lampanelli reigned over the newsroom today ... and her first order of biz -- busting Arnold Schwarzenegger and Sly Stallone for their "coincidental" hospital photo. Conspiracy!

Also, Lisa tells us about her upcoming "Celebrity Apprentice" stint -- trust us ... she blasts everyone on the show, with one shocking exception.

Plus, Coco's naked pic with her nephew -- some TMZ staffers think it's creepy, while Lisa has a tip about Internet nudity ... in general.

(0:00) "Celebrity Apprentice" star Lisa Lampanelli guest hosts -- and doesn't waste any time ripping the other cast members.
(3:35) Lisa rips her cast mates, round two ... and one of the jokes could result in her sleeping with the fishes..
(6:30) Only one person on the show who didn't feel Lisa's wrath.
(7:55) An "Idol" contestant falls off stage -- and yes, that's Lisa laughing in the background.
(15:00) Lisa calls BS on Arnold and Sly's hospital photo-op.
(19:03) Another nude pic of Coco! Wait ... is that her infant nephew is the shot? Time for Jason and Ryan argue like kids.
(28:00) The gay marriage ban was overturned -- the perfect opportunity for Lisa to crack the coldest joke of the day.
(33:01) A Victoria's Secret model quits because of her religious beliefs ... why, God, why?????
(36:01) The Knicks' Jeremy Lin -- from a couch to a penthouse.
(46:01) Lisa answers a couple of your Twitter questions -- and twists one into an F, Marry, Kill!