Kevin Davies and Johan Elmander each helped themselves to two goals as brilliant Bolton brushed aside 10-man Newcastle 5-1 and ensured Kevin Nolan's big Reebok Stadium return turned sour.
Davies hit a pair from the penalty spot while Elmander fired two in the second half and Lee Chung-yong also got on the scoresheet as Owen Coyle's men hit the dizzy heights of fourth in the table.
Newcastle, for whom Nolan had missed a first minute chance, grabbed their only goal from Andy Carroll on 51 but played the final 15 minutes with 10 men after the dismissal of Fabricio Coloccini.
Nolan could have given his side a stunning advantage after less than a minute, when he seized on a mistake by Paul Robinson and cut into the box from the right where he blazed a fine chance high and wide.
Nolan's return got worse when he handled an attempted cross by Lee in the box and referee Howard Webb pointed to the spot, Davies striking low to Tim Krul's left to give Bolton the lead.
Mike Williamson's foul on Elmander led to Bolton's second in the 38th minute. Matt Taylor slammed his free-kick against the bar and as Newcastle blundered their attempts to clear, the ball sprang loose to Lee who fired low past Krul.
The home side made it three in the 50th minute when Lee fed Davies, whose superb short pass sent Elmander clear to coolly dribble round Tim Krul and convert home his seventh goal of the season.
Newcastle reduced the deficit out of nowhere just a minute later when Shola Ameobi's attempted pass struck Stuart Holden's legs and deflected clear to Carroll, who fired low to Jaaskelainen's left to give his side a glimmer of hope.
Bolton's fourth goal arrived in the 72nd minute when Elmander was first to a long ball up-field from Jaaskelainen, shrugging off Coloccini before sliding the ball under the advancing Krul. Things got worse for Newcastle in the 75th minute when Coloccini appeared to elbow Elmander as they battled for possession down the right flank, and the full-back was red-carded by referee Howard Webb.
Williamson slammed a shot over the bar on 85 minutes and Ivan Klasnic came close for Bolton before Davies rounded off the rout with a second spot-kick in injury time after he was fouled by Jose Enrique in the box.