Kevin Bacon recently revealed his reaction to finding out he and wife Kyra Sedgwick lost money in one of history’s largest Ponzi schemes.
Acknowledging that a natural reaction to the event is anger, the 64-year-old stressed that there were a lot of people who were"much worse off" than they were, like those who lost entire retirement funds.
When asked if they got the money back, Bacon said yes, but noted that"it's a complicated thing to explain." He said they got a portion of the money back and more from the lawsuit, adding that they had to change the way they viewed their investments. "The thing about it is that it looks like a certain amount of money, right? There's the money that you put into something and there's the money that you, in theory, have gotten, accrued with interest over the years. But that's not real. That's just a number that was on a piece of paper," he said."It was not a real thing."
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