Six Degrees of Kevin Bacon Lead to Madoff

Actor, wife Kyra Sedgwick lost money in Ponzi scheme
By Kevin Spak,  Newser Staff
Posted Dec 30, 2008 1:28 PM CST
In this Sept. 21, 2008 file photo, actor Kevin Bacon, left, and his wife, actress Kyra Sedgwick pose on the press line at the TV Guide Emmy After Party in Los Angeles.   (AP Photo/Dan Steinberg, file)
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(Newser) – It turns out Kevin Bacon didn’t put enough degrees between himself and Bernie Madoff. Bacon and wife Kyra Sedgwick join Steven Spielberg and Jeffrey Katzenberg on the list of Hollywood denizens duped by the Ponzi schemer, Bacon’s rep confirmed to New York magazine. Rumor has it the couple lost everything but their land and checking accounts, though the rep wouldn’t confirm that. “Please, let’s not speculate,” he said. (Read more Kevin Bacon stories.)