Sarah Jessica Parker & Gisele Bundchen ‘Robin Hood Gala’ Fashion Risks [PHOTOS]

While Sarah Jessica Parker’s hair (channeling Cheryl Cole) and Gisele Bundchen’s outfit were the center of conversation at the Robin Hood Foundation gala last night in New York City, the amount raised from the event is what people should be talking about.

The Robin Hood Foundation gala, Wall Street’s largest single-evening fundraising event, had Lady Gaga onstage and took in $47.4 million last night at its annual New York dinner.

The sum, which fell short of last year’s record of $87.8 million, will go to groups fighting poverty in the city. The total included $11.9 million raised at tables for a new program that will assist veterans of the Afghanistan and Iraq wars and National Reservists, as well as $400,000 for an auction item to fly to Los Angeles and record a song with Black Eyed Peas front man

PHOTOS: Gisele Bundchen & Tom Brady At The 2011 Met Costume Gala

Back to the fashion, Gisele wore a daring black dress complete with a sheer panel around the chest area. I guess you can say Gisele is really a giver. Sarah Jessica Parker’s hair was all kinds of super-sized. Not the best look for her.

What are your thoughts on Gisele’s outfit and Sarah’s hair? Let us know what you think by tweeting us at @socialitelife or posting to our Facebook page.