Kyra Sedgwick and Kevin Bacon may seem like they lead charmed lives. He is somehow tied to every actor you will ever see by a maximum of six degrees, and she is married to Kevin Bacon.
In truth, things have not always gone easily for Kyra Sedgwick and Kevin Bacon. Even though they make lots of money in their acting careers, they experienced a scary period a few years ago when money they had invested disappeared. Sedgwick and Bacon, like many others, had trusted their money to Bernie Madoff. When Madoff’s financial scheme collapsed and he went to prison, they lost what Bacon only describes as “a lot of f—ing money”.
Bernie Madoff was arrested in December 2008 and pleaded guilty to 11 federal felonies in March 2009. He was sentenced to 150 years in jail.
Many times, when couples have financial trouble, the marriage and relationships get hit hard, fast. But Kyra Sedgwick and Kevin Bacon looked at things differently during that trying period.
“I don’t think there was a moment where it was like, that thing happened and then we got pissed at each other. It was sort of the opposite,” Kevin Bacon told GQ about how he and Sedgwick handled the problem. “We kind of went, ‘Holy s - - t. Let’s . . . I don’t know. Let’s have sex or something. It’s free!’”
What Kyra Sedgwick and Kevin Bacon realized is that they could recover.
“There were so many people who got hit so much harder than us,” Bacon said. “We knew we were going to have each other and our kids were OK. They were through school, almost. We both felt like we would work.”
Part of the reason Kyra Sedgwick and Kevin Bacon were able to handle their setback with aplomb is that they took responsibility for their part in the problem.
"We must deal with the world as it is not how we might wish it to be" -Robert M Gates pres of Boy Scouts.
— kyra sedgwick (@kyrasedgwick) May 22, 2015
“Part of being a man is learning to take responsibility for your successes and for your failures,” Kevin Bacon says. “When things don’t go as well as I’d like, I don’t blame anyone else; it’s nobody’s fault but mine.”
Does that include the enormous amount of money he and Kyra Sedgwick lost to Bernie Madoff?
“Yes, I take full responsibility for that, too,” he says. “I made that investment; no one put a gun to my head. I was definitely angry. Angry at him, but also angry with myself, for not doing enough research, for trusting people that I shouldn’t have. It’s kind of a wake-up call. You have to learn from your experiences, whether they be emotional, or financial.”
Bacon is banking money now, thanks to his series The Following, while Kyra Sedgwick has a new series with Jennifer Beals called Proof.
What is it with Kyra Sedgwick and 80’s dance movie stars?
— The View (@TheView) June 12, 2015