Sarah Ferguson Will Address Scandal on Oprah

Sarah Ferguson is on her way to explain the scandal that shocked the world...on Oprah!

The disgraced duchess was spotted leaving the luxurious Mark Hotel in New York City, the same hotel where the now-notorious undercover sting operation took place. Fergie, who admits to being in financial crisis, was traveling in high style. She carried a Hermes Birkin bag, which can cost as much as $15,000, as well as pricey Louis Vuitton luggage.

The duchess was en route to her big interview with Oprah Winfrey, which will air on June 1st.

Meanwhile, Oprah is on the hunt for the next big talk show host.

"Someone, somewhere will get the big break of their lives," she says. She's encouraging people to upload videos pitching themselves on her website.

But the search took a strange turn when one contestant sent in a tape showing himself with a MAC-10 machine gun.

Los Angeles police say the man made threats that he be picked...or else. When authorities went to check him out, they discovered his weapon was a fake. He apologized, said it was a joke, and was not arrested.