The 34th Academy Awards were hosted for the seventh time by Hope. During the ceremony, a New York City cab driver named Stan Berman managed to slip by 125 police guards to award Bob Hope with a homemade Oscar.
"Ladies and gentlemen, I'm the world's greatest gatecrasher and I just came here to present Bob Hope with his 1938 trophy," Berman said while handing Hope his award.
The "1938" referred to Hope's film "The Big Broadcast of 1938," which featured the comedian's signature song, "Thanks for the Memory." Hope didn't receive an Oscar for the film, but the song did.
"This is for Bob," Berman said before running off-stage.
When he returned to the podium, Hope quipped, "Who needs Price Waterhouse? All we need is a doorman."
The 34th Academy Awards were the first time that the ceremony lasted more than two hours.
Leading up to the ceremony, "On The Red Carpet" co-host Rachel Smith will be doing interviews with hair and fashion stylists and makeup artists for the "Best Dressed" video series featured on Oscar.com.
It was announced in November, that Billy Crystal would return to host the 84th annual Academy Awards.
The awards ceremony will air live on Sunday, Feb. 26, 2012 on ABC7. Coverage begins at noon PT.
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