Lisa Maria Falcone Dances Like No One's Watching

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When you're the wife of a wealthy/powerful/prominent man, you have to be ever vigilant to follow the rules. You have to act a certain way, dress, a certain way, think a certain way. You don't want to do anything that would potentially embarrass your husband and/or cause trouble for him professionally. For the most part, you have to be boring, at least to the naked eye. There are lots of women who get in line with this reality, figuring it's the price they've paid. Not Phil Falcone's leading lady, Lisa Marie. She marches to the beat of her own drum, gets out there and says, here I am, world, out of the box fashions and all! And I'm going to dance on this table and not give a baker's fuck what you or anyone else thinks of me!

Lisa Maria Falcone had as much fun as anyone at the after-party for "Mother & Child," which she produced, on the High Line, which she and her husband, billionaire hedge-funder Philip Falcone, helped turn into a park. Lisa was beaming atop a banquette and dancing with Kerry Washington.

She did, however, tone things down a bit, sartorially speaking. The outfit you're taking a gander at right now is her "demure" look. Sometimes you have to conform, just an inch. Last night was not the night to bring this to the table.

Lisa Marie Falcone Hosts A Wild Night [NYP]

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Lisa Maria Falcone Had A Less Than Great Labor Day Weekend

It's no secret that one of our favorite hedge fund wives is Lisa Maria Falcone. Whether she's imploring bitches to throw their hands in air, hiring little people for her twin daughters' birthday party, spooning her pet pig, or simply flitting about town in outfits that go from gladiator chic to deconstructed "Like A Virgin," the woman is her own special brand of fabulous. LMF started keeping a considerably lower profile once her husband Phil's hedge fund hit a streak of bad luck though we always knew she'd be back. Unfortunately, we'd hoped the woman who does what she wants, haters of the Upper East Side be damned, would return with the news her production company was putting the finishing touches on Wilbur Falcone's debut album and not this: ...at 2:25 p.m., 48-year-old Lisa Marie Falcone of Manhattan crashed her vehicle at the corner of Montauk Highway and Hayground Road in Bridgehampton, police said. She was found to be to be under the influence of alcohol and prescription medication, police said. Falcone...was charged with driving while intoxicated. Listen, lady: Throwing back a few cocktails when your closet is having two-for-one happy hour is one thing but getting loaded up on booze and pills and going for a drive is quite another. You could have hurt someone or yourself and then Phil would've had to raise Wilbur on his own. Is that what you want? 2 Charged With DWI Crashes in Hamptons [Long Island Press, mugshot via BI]