Saturday, January 17, 2009

Kevin Bacon and Kyra Sedgwick - Latest Victims of Madoff's Ponzi Scheme?

The following post comes courtesy of What's Making News Right Now?

This is really sad. It seems that Kevin Bacon and Kyra Sedgwick are the latest celebs to confirm they were victims of Bernie Madoff's ponzi scheme. Here's the lowdown from, "We'd heard that along with Hollywood boldfacers Jeffrey Katzenberg and Steven Spielberg, Bacon and his wife, Kyra Sedgwick, lost money in Madoff's devastating $50 billion Ponzi scheme, and Bacon's rep, Allen Eichorn, confirmed it for us.

"Unfortunately, your report is true," he wrote. He wouldn't elaborate on whether, as we'd heard, they'd lost everything except for their checking accounts and the land they own. "I can confirm that they had investments with Mr. Madoff — no further specifics or comment beyond that," he said, adding: "Please, let's not speculate or rely on hearsay."

On the bright side, Kevin's one of the most versatile actors in Hollywood, and Kyra's riding high with The Closer, so they'll be okay. Just look for Kevin to pop up more often in some of those made-for-tv movies on Lifetime.

P.S. Want to help bailout Kevin and Kyra? How about buying a poster of Kevin or Kyra. Or, the obvious way to help them both is to pick up a copy of one of Kevin's movies from Amazon.

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