tool over at Dkos,
It is something akin to:
<.img src="http://www.lolfail.com/wp-content/upload s/2007/12/fail2it9.jpg" alt="" title="" />
without the dot before image
one doesn't even need the alt or title tags. Just <.img src="url here">
without the dot before img of course.
but the Dkos tool is very handy just copy/paste in the url and copy/paste the html and bam picture.