Morning Memo: Michelle Obama’s Leno Appearance; Chace Crawford’s Guilty Conscience; Models Hit By the Downturn

michelle obama 1 Morning Memo: Michelle Obamas Leno Appearance; Chace Crawfords Guilty Conscience; Models Hit By the DownturnMichelle Obama wore J. Crew for her appearance on Jay Leno last night. Regarding Sarah Palin‘s new wardrobe, Ms. Obama told Mr. Leno that "our policy has been whatever you wear, you buy." [People]

Gossip Girl‘s Chace Crawford told a reporter that his show’s "racy undertone" is a "weight on [his] conscience." [US Weekly]

Model Carol Alt is suing ex-husband and former New York Ranger Ron Greschner over $1 million he allegedly owes her. [NYDN]

A "steady stream of wealthy, Mrs. Robinson-esque socialites" attempted to secure the attention of Broadway’s openly gay Cheyenne Jackson at a benefit in Rome. [P6]

Elite has laid off 60 models, specifically "the ones it didn’t think could recoup on their plane tickets / apartment fees / etc." [Fashionista via Cityfile]