• It's not just New York that's still buzzing about the dinner Madonna co-hosted with Gucci to raise money for UNICEF and Raising Malawi, a charity that helps orphans there. A Malawian minister said the country "owes her so much" and should allow her adoption of 2-year-old Malawian David Banda, which she has a final hearing on in April. [NYDN]
Unless you've somehow heroically managed to avoid PerezHilton.com for the past twelve hours, you probably already know about the just-announced surprise pregnancies of Lily Allen and Jamie Lynn Spears, Britney's 16-year-old sister.
Heath Ledger has been stalking Gemma Ward around town and also tried hitting on (taken) Heather Graham. The server who brought Chelsea Clinton the wrong appetizer at Irving Mill may or may not have been fired. Calvin Klein is vandalizing his Houston Street billboard for the opening of the New Museum on the Bowery. NBC honcho Jeff Zucker doesn't want the strike to end because retail advertisers have already bought up ad space, and now production costs are zero. Kimora Lee Simmons was overheard saying that the reason she invited Russell Simmons's new girlfriend, Porschla Coleman, to meet the "major players" at Simmons's birthday last month is because she "wants this stupid bitch to get a clue." Seagram heir Edgar Bronfman Jr. just bought an $18.75 million condo in the Carhart mansion on East 95th Street.
• The debris falling off the new Bank of America tower at 42nd Street may have been metaphoric. The firm just reported steep losses, and their wannabe investment-banking unit, set to anchor the new tower, performed the worst. [MarketBeat/WSJ, Deal Journal/WSJ]
• Congrats, James Cayne — nobody wants anything to do with Bear Stearns. Contrary to reports, both Warren Buffett and China's Citic Bank denied any interest in the bank. [DealBook/NYT]
• Today's the real anniversary of the 1987 stock-market crash, but at least one veteran thinks parallels to the present are overblown. "The market is just like generals — everyone prepares for the last war." [MarketBeat/WSJ]
Ben Affleck slipped out of the premiere of his Gone Baby Gone to go watch the Red Sox game. (Ben says he left because he gets nervous during his screenings. Cindy Adams thinks he's getting "gorgeouser and gorgeouser"). Fifty of the world's greatest chefs are having dinner tonight at Le Bernadin to celebrate the book My Last Supper. Le Cirque owner Sirio Maccioni shelled out $7,000 for a 1.1-pound Italian white truffle. Tim Robbins had his birthday party on Tuesday at the Beatrice Inn. Barneys creative director Simon Doonan thought Phillip Bloch had gone blind, though he was actually just preparing for a movie role.
Michael Jackson took his three kids to see the Lion King on Broadway, and they were all wearing wigs and baseball caps. An art dealer in Chelsea sued Christie's for $7 million for allegedly selling him a fake Basquiat. Kanye West's album is outselling 50 Cent's, though 50 is still worth more money according to Forbes. Jennifer Lopez may be expecting twins, but that'd be news to Marc Anthony. The Dalai Lama likes eating at Masala Garden on West 79th Street. Vince Vaughn went into Marquee at 2:45 a.m. to hit on some girls. Hugh Grant cruised down a deserted strip of road in Southampton in a red convertible. Representative Charles Rangel subconsciously thinks Hillary Clinton is going to be president.
Our favorite blog-happy pop star, Lily Allen, was arrested last week — but she knew it was coming. "I'm about to be arrested," she told us when we spent a day with her in New York last month, "just as soon as I get back to England." She wasn't coy about what she'd done. "I punched a paparazzi in the face," she said. "There were 70 of them surrounding me. And I left the country the next day. They're saying I'm going to be arrested as soon as I get back." This was the same day Paris Hilton was sent back to prison after briefly being released for unspecified health reasons. "I could be Paris Hilton soon enough," Allen said as she watched the scene play out on CNN from the Heatherette offices. "Oh, my God, her life is so fucking insane," Allen groaned. "She doesn't even do anything. I can't wait until Lindsay Lohan goes to jail. 'Boo hoo. I'm going to jail.' Good. Does that mean you'll stop showing me your pussy now?" Allen clearly thinks herself tougher than those two Yanks. "I bet English jails are nastier than American ones," she said with a hint of pride. We're not sure that they are. —Jada Yuan