So Lucas, Spielberg and Coppola present the award for Best Director to Scorcese.
The speech goes down something like this. (I might have the order wrong, but you'll get the gist of it)
Coppola - We're here to present the Award for outstanding achievement by a Director.
Spielberg - You might wonder why the three of us are here. It's because all of us have won the Oscar for best director.
Lucas - Wait a minute. I never won.
Spielberg - Oh.
Lucas - But I was nominated.
Coppola - Oh.
Lucas - It's kind've the same thing.
PAUSE
Spielberg & Coppola - NO IT'S NOT.
Huge laugh. Huge. It was pretty awesome.