Oscars of the East Coast Are Toast?

You know how you’ve thought it’s not fair that filthy rich celebrities still receive free thousand dollar gift bags and are glammed up at the expense of everyone else?

Well, the economy is finally reaching this untouchable clientele!

The 2010 Met Costume Institute Gala has put it all out there. Really, really out there.

Insiders to the famed event have confessed to hitting rock bottom and inviting a whole bunch of no-namers to fill the seats – for a hefty price – instead of who everyone really wants to see.

According to New York magazine, a few fashion houses were too broke to pay for both the tables and the fabulous guests to fill them.

World famous designers may be shunned for a mere peasant who is willing to throw away enough money for a full price ticket.

Now what does the ticket price even include if you can’t see Lagerfeld walk down the red carpet?

[Images via WENN.]