Damn. I like these two. It's a shame they got swindled by Bernie Madoff's $50 billion Ponzi scheme.
Bacon's rep, Allen Eichorn, confirmed to New York Magazine, "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."
Kevin Bacon and Kyra Sedgwick aren't the only celebrities to have gotten swindled by Madoff. Steven Spielberg's Wunderkinder Foundation was hit, and DreamWorks' Jeffrey Katzenberg has lost "millions," reports the Wall Street Journal.
Bacon's rep, Allen Eichorn, confirmed to New York Magazine, "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."
Kevin Bacon and Kyra Sedgwick aren't the only celebrities to have gotten swindled by Madoff. Steven Spielberg's Wunderkinder Foundation was hit, and DreamWorks' Jeffrey Katzenberg has lost "millions," reports the Wall Street Journal.
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Rachel says:
Someone messed with my beloved Kyra Sedgwick?!
*loads shotgun* >.>
Moriah says:
THEY'LL LIVE!
nate says:
If he's broke she is going to leave him real fast.
CINDY BETHEL says:
KYRA AND KEVIN WILL MAKE IT. THEY ARE VERY CLOSE--AND BOTH HAVE A GREAT WORK ETHIC. THEY WILL GET THEY'RE MONEY BACK, EVENTUALLY. UNLIKE ALOT OF MADOFF'S VICTEMS.