Bent Corner

Blogging from Williamsport, Maryland

Is Kevin Bacon broke?

Posted on | January 14, 2009 | 1 Comment

kevinbaconActor Kevin Bacon and his wife Kyra Sedgwick were supposedly among the many people taken by disgraced hedge fund manager Bernard Madoff.  Kevin Bacon recently spoke to Life & Style magazine about the situation. He spoke about “obviously” needing to get back to work, almost as if he was now penniless.

What did he and his wife do, invest all of their money with Bernard Madoff?

If that’s the case, than they deserve having all their money taken. I have a hard time feeling sorry for anyone that invests money in hedge funds. I have even less sympathy for people who invest all of their money in hedge funds.

Comments

One Response to “Is Kevin Bacon broke?”

  1. Senthil
    January 16th, 2009 @ 2:13 AM

    It is very unfortunate that a securities scandal of the magnitude of $50 billion should unfold especially during the current troubled times. It is surprising as to how this escaped the regulatory authorities all these years. We are learning with every incident and let us learn how to ensure that this type of scam does not recur in future

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