James Franco Comes Clean About Oscars to Letterman

James Franco and David Letterman exchange Oscar hosting stories on Friday’s Late Show on CBS. The two had a debate about whose hosting duties were worse and Franco clears up all rumors of him being high!

Letterman described his 1995 appearance at the Academy Awards as “horrible” and that he was “God awful”. Franco rebutted with the fact that at least they didn’t think Letterman was on drugs.

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Franco denies any accusations that he was under the influence and playfully blames his co-host Anne Hathaway for being too energetic.

I love her, but … I think the Tasmanian Devil would look stoned standing next to Anne Hathaway.

Franco admits that he isn’t bothered by the critiques, but his feelings about it are “complicated”. He says that his intentions weren’t to be the best Oscar host ever, but he doesn’t want people to think he didn’t care – he tried his best.

Don’t worry James we still think you’re great – and you’ll be a great teacher too!

Check out photos of James arriving in Washington, looking snazzy in his hat, sunglasses and iPod. Video of James’ appearance on Letterman is after the jump.