The story

It appears that Kevin Bacon was one degree too close to Bernie Madoff.

Bacon, the prolific actor, and his wife, fellow screen star Kyra Sedgwick, had investments with Madoff, the financial guru accused of swindling his clients out of $50 billion in a massive Ponzi scheme, Bacon's publicist told CNN Tuesday.

Publicist Allen Eichhorn did not say how much the couple lost, declining to address reports that the figure was in the millions. Read full article »

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