My grandmother was going to a christmas party and she was braging about her white elephant gift it was a bottle of ex-lax. i switched it out for a bottle of astroglide her boss was the one that opened it. For some reason she knew exactly who did it. the year i got the worlds most ugly solid brown cardigan with 25 buttons.
A couple years ago, I put a Barack Obama commemorative plate in the white elephant gift exchange. It was in the discounted aisle at CVS. Very funny. It keeps showing back up in next years exchange. I have a feeling its going to get recirculated again and again.