Best Headline of 2010!
 

At least so far :1orglaugh:1orglaugh

http://www.reuters.com/article/idUSTRE6622I420100703

Brilliant. That will get linked from every blog on the planet.

His last name is Gay.

I think the meaning here should be:
Gay
–adjective
1. having or showing a merry, lively mood: gay spirits; gay music.
2. bright or showy: gay colors; gay ornaments.
3. given to or abounding in social or other pleasures: a gay social season.
4. licentious; dissipated; wanton: The baron is a gay old rogue with an eye for the ladies.