Kevin Bacon Kyra Sedgwick Bernard Madoff Ponzi Scheme
Kevin Bacon and wife Kyra Sedgwick are the latest Hollywood celebs embroiled in former Wall Street financier Bernard Madoff’s $50 billion Ponzi scheme.
On Tuesday, a rep for the Footloose star and his Golden Globe-winning wife confirmed to New York Magazine that the couple lost money with Madoff, but declined to put a dollar figure on how big a hit Kev and Kyra took. (We hope they didn’t lose much!)
“Unfortunately your report is true. I can confirm that they had investments with Mr. Madoff.”
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On December 31st 2008, tb wrote:
That sucks for them, but that’s why it’s never a good idea to have all of your investments in one place, ever heard of diversification!???
On January 2nd 2009, Niri wrote:
Keep on dancing KB! It’s only money!
http://www.youtube.com/user/baconbros1997