Serena's come home after getting kicked out of boarding school and everyone wants to know if the rumors are true. Was she pregnant and did she leave her baby in France? Is she really dealing drugs with her initial "S" stamped on each pill? And what's up with her clothes? Is she getting them from a homeless shelter?

All Serena wants to do is hang with her friends and have her old life back. Unfortunately, her friends and old life don't seem to want her back. But don't waste any time feeling sorry for her. She's still rich and gorgeous, and manages to draw the attention of two photo-artists who ask her to model for them and then plaster the city with her pictures. (Well, pictures of some part of her. No one's really quite sure which part, though. Belly button, maybe?) Anyway, she also manages to make new friends and shows signs of adding some depth to her otherwise shallow world...