Morning Memo: Arden Wohl's American Graffiti; Ashley Dupre's Waverly Debut; Ed Westwick Gets a Fashion Line

Police in the Hamptons tell Page Six that headband-wearing socialite Arden Wohl was arrested on Saturday night in East Hampton for writing "Ralphy Lip-Shits" (and here we are filling in a few letters the Post rendered tastefully in dashes!) in red lipstick on the facade of Ralph Lauren's store there. But she showed American spirit for taking several miniature American flags that were part of the store's holiday decoration scheme. For which the police added a charge of petit larceny. [P6]

Ashley Dupré—when will we be done with her?—has made a very awkward social move, presenting herself at the Waverly Inn. It seemed to work! [P6]

Gossip Girl's Ed Westwick is reportedly in talks to design a clothing line! Expect to see many many shorts...[Fashionista]

Christie Brinkley and Peter Cook may soon reach a settlement, which means the crazy and mostly uninteresting details of their sordid marriage will presumably stop leaking to the press. [NY Daily News]

James Franco, of Spiderman and Freaks and Geeks, is moving to New York to attend graduate school at N.Y.U. [NY Daily News]

David Patrick Columbia of New York Social Diary is upset that his profile on Remy Stern's new Cityfile Web site identifies him as gay; also, he says, they got parts of his family background and past break-ups wrong. [P6]

Vanity Fair won't be holding its annual Oscar party at Tom Colicchio's Craft this year because Graydon Carter allegedly didn't like the restaurant's corporate feel last year. [P6]

Mary Kate Olsen's new best friend is model Jessica Stam. [The Cut]

And below for your viewing pleasure, the Observer's style desk presents Simon Doonan's latest wackness: an imprecation to shun bikinis in favor of classy one piece bathing suits!