Forget all the other celebs and dresses that strutted down the red carpet last night. Because the only colors that really mattered at the 2012 Oscars were red and white! On the red team we’ve got Emma Stone in Giambattista Valli haute couture, Natalie Portman in vintage polka dot Dior and Michelle Williams in a strapless peplum Louis Vuitton dress. On the white team, Gwyneth Paltrow is donning a Tom Ford floor length gown, Rooney Mara a plunging Givenchy dress and Shailene Woodley Valentino Couture.
So whose side are you on, red or white?