After dropping $4 million on a posh evening gown, Paris Hilton has been banned from attending the 2008 Academy Awards, according to UK reports.

“She cried hot, salty tears when she was banned from the Oscars. She’s desperate to be taken seriously as an actress and hoped she would be able to network with the film bods.”

“She’s tempted to go to the parties afterwards, but might wear her trademark brunette wig to save her dignity.”