Sports Illustrated 2012 Swimsuit Models arrive at the Ed Sullivan Theater in New York City, New York on February 13, 2012 for an appearance on the ?Late Show with David Letterman.?<br /> <br /> Pictured: Izabel Goulart
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Izabel Goulart Cutout Dress

Izabel Goulart stepped out for an appearance in New York City wearing a sexy black cutout dress.
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