Lunch: Elvis Costello, Dominick Dunne & Tina Brown

— DIANE CLEHANE

What recession? It was quite the scene at 55th & Fifth today as moguls, media mavens and musicians (Elvis Costello is in the house!) mixed it up and plotted their next big move. Everyone was talking about how dreary this year’s Oscars were and how glad many perennial party goers like my pal Dominick Dunne were that they sat this one out.

Speaking of Nick (as he’s known to his closest pals), he showed up with today’s most intriguing lunch guest — none other than Patrick Jephson, Princess Diana‘s former private secretary.

I was enjoying catching up with my old pal Andy Amill, publisher of Weight Watchers magazine who joined me for lunch today at the bar, when I spied Patrick from across the room.

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