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A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11Kevin Bacon said he and his wife, Kyra Sedgwick, had “most of our money” invested with Bernie Madoff. He did not give an exact loss amount in the remarks reported by Vanity Fair. Instead, Bacon described recovering a portion after Madoff’s trial, keeping the loss in perspective, and taking a practical lesson from it: “If something is too good to be true, it’s too good to be true.”
What Kevin Bacon said about the Madoff loss
In an October 12, 2022 report about Bacon’s appearance on the SmartLess podcast, Vanity Fair quoted him saying that he and Sedgwick had “most of our money” with Madoff. Bacon said they recovered a portion of their losses after Madoff’s trial, but did not state how much they had lost or how much they recovered.
The distinction matters: “most of our money” describes how much of the couple’s money was invested, not a dollar figure for their loss. The reported remarks do not establish a precise total.
Why Bacon called it a life lesson
Bacon’s stated takeaway was direct: “If something is too good to be true, it’s too good to be true.” The remark was his reflection on the experience, not a detailed account of the investment or a claim that he had identified Madoff’s fraud in advance.
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He also described how he and Sedgwick responded together. As quoted by Vanity Fair, Bacon said: “When something like that happens, you look at each other and you go, ‘Well, that sucks, and let’s roll up our sleeves and get to work,’” and added that they were grateful for their health, their children’s health, and the ability to keep working. He said they tried to remember that others had been affected more severely.
How much did Kevin Bacon and Kyra Sedgwick lose?
No exact figure is confirmed by the sources cited here. Vanity Fair reports Bacon’s description that they had “most of our money” with Madoff, while Biography.com also recounts the couple’s experience without substantiating a precise total. Estimates repeated elsewhere should not be treated as a verified amount on the basis of these accounts.
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What Sedgwick has said publicly
Biography.com notes that Sedgwick and Bacon have spoken about the experience publicly and that the couple shared it in What Makes a Marriage Last: 40 Celebrated Couples Share with Us the Secrets to a Happy Life. The profile also describes Sedgwick’s 2012 comments to CNN’s Piers Morgan, including her account of the shock and the family’s focus on safety, work, and the possibility of rebuilding. That summary is Biography.com’s account; it is not a direct transcript of the CNN interview.
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