Morning Cheat Sheet: Kors' 'It Gets Better', Madoff's Auction, Zac Posen's Mom Leaves the Nest

Michael Kors, the reigning maestro of American sportswear, is the latest advocate to jump on the 'It Gets Better' train. Think of how dumb all the kids who teased him in high school must feel.

Recession got you down? Why not snatch up some of Bernie Madoff's discarded goods, which are going on the auction block on Nov. 13th.

Zac Posen's mother, who served as the CEO of her son's eponymous fashion label, just stepped down from her position. Rumor has it he's grounded 'till further notice.

Studies have finally confirmed the obvious. Facebook is basically the electronic version of a high school popularity contest.

Stop the presses! J-Woww from Jersey Shore's clothing line is being shut down? Couturiers across the globe all silently weep on this sad, sad day.

Taking a cue from the Anne Hathaway play book, Ms. Suri Cruise plays princess for a day. Three words: Work. That. Heel.