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Oscar's red carpet runway

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This year's Oscars was a combination of a high school prom and graduation. There was the pomp and circumstance, the corny music, the interminable length – and, of course, the gowns. Here, perky valedictorian (and Oscar co-host) Anne Hathaway sets the tone in a fire-engine-red Valentino.

PHOTO: Mario Anzuoni/Reuters

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