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Edited by on June 14 2012 at 5:06 PM

Indie Newsroom is brought to you by Chinatown bags, Gisele “Moneybags” Bündchen and Adriana Lima‘s fun-bags.

- Real Housewife of Beverly Hills Taylor Armstrong tried to pay off a lawsuit against her and late husband Russell Armstrong with her engagement ring and two Hermès Birkin bags — which might have been enough to cover the bill if they weren’t knockoffs. [Styleite]

- Once again Gisele is the highest paid supermodel in the world, raking in an impressive $45 million last year and effectively trouncing closest competitor Kate Moss, who made a mere $9.2 million. [Forbes]

A Real Housewifes Fake Birkin Tops Todays Indie Newsroom

- Speaking of Gisele, she and fellow Brazilian bombshells including Adriana Lima and Lea T. are featured in Visionaire 62′s “Rio” issue. [Made in Brazil]

- Dolce & Gabbana, Benetton, H&M and Forever 21 are collaborating with 20th Century Fox on clothing tie-ins with their animated properties including The Simpsons and the Rio and Ice Age franchises. [WWD]

- Noted nipple flasher Madonna‘s mechanical performance in Rome was not well-received, at least by Vogue Italia, which had the audacity insight to compare it to “a very long Glee fantasy sequence …with better songs and a lot less humour.” [Vogue Italia]

Story by Lester Brathwaite

I was center square from 1969 to 1978, during which I perfected the art of the zing as well as a crippling cocaine addiction. Bea Arthur was responsible for both. @LesFabian lester at fashionindie.com