Monday, December 29

Just as you thought 2008 had already dished out all the pain it had up its sleeve, here come the plucky, rising young socialites of New York society to remind us that even when Daddy’s hedge fund has gone belly-up, WASP-iness lives! The 54th Anniversary of the International Debutante Ball and dinner dance at the Waldorf features 40-some nubile teenagers in multi-thousand-dollar designer dresses and their awkward, pimply escorts, not to mention military cadets hoisting flags. … Don’t tell this to the actual military

[International Debutante Ball, Waldorf-Astoria, Park Avenue and 50th Street, 7:30 p.m.]

mbryan@observer.com

Monday, December 29