From NY Mag:

The crap thing about being Kevin Bacon, it turns out, is that sometimes you find yourself six degrees from the wrong kind of guy. Such as, for instance, Bernie Madoff. We’d heard that along with Hollywood boldfacers Jeffrey Katzenberg and Steven Spielberg, Bacon and his wife, Kyra Sedgwick, lost money in Madoff’s devastating $50 billion Ponzi scheme, and Bacon’s rep, Allen Eichorn, confirmed it for us. “Unfortunately, your report is true,” he wrote. He wouldn’t elaborate on whether, as we’d heard, they’d lost everything except for their checking accounts and the land they own. “I can confirm that they had investments with Mr. Madoff — no further specifics or comment beyond that,” he said, adding: “Please, let’s not speculate or rely on hearsay.”

But we can’t help but speculate! Just think about it: Footloose money: gone. Wild Things residuals: gone. The Singles stash: obliterated. If there’s anyone in Hollywood who didn’t deserve this, it’s Kevin Bacon and Kyra Sedgwick. Those two have worked. It sincerely pains us. At least they have The Closer to fall back on.

Pictured: January Jones & John Slattery of Mad Men, Kate Walsh, Kevin Bacon and wife Kyra Sedgwick, Jon Hamm and girlfriend Jennifer Westfeldt, Laura Linney, America Ferrera, Brooke Shields, Emilie de Ravin, Joey Fatone & Lisa Rinna, Rachel Griffiths and Sally Field.

Pictured: Eva Mendes (above), Kevin Bacon with 16 year old daughter Sosie Ruth, Ellen Pompeo & husband, Cynthia Nixon, Leighton Meester, Rosario Dawson & Jared Leto.

WENN

Kevin Bacon will return to his musical roots when he performs at a New York concert with his brother on Tuesday.

Bacon, 49, formed his folk band The Bacon Brothers Duo with older brother Michael in 1995.

The pair is set to headline The Queens Theater in the Park Gala with a 70-minute set that will raise funds for local performing arts programs.

But the actor – who shares two children with his wife of 20 years, actress Kyra Sedgwick – admits he’s anxious to take the stage, insisting even his own family is reluctant to attend his performances.

He says, “I always say the biggest surprise for people is that we don’t totally suck. And we don’t expect anyone to like it or to give us a pass based on the fact that there’s an actor or a celebrity in the band. We just want people to put on an even playing field and to have fun. It’s like pulling teeth to get (my family) to come. My kids, love me as they do, they usually have something they’re more interested in doing other (things) than coming to our show.”

The Bacon brothers have released four studio albums in the 13 years since their debut.

Source

WENN

Kevin Bacon walks through SoHo on a cold Valentine’s Day in New York City.

WENN

Below are the winners of the Screen Actors Guild Awards, held Sunday at L.A.’s Shrine Auditorium:

FILM

Outstanding Performance by a Male Actor in a Leading Role
Daniel Day-Lewis, There Will Be Blood

Outstanding Performance by a Female Actor in a Leading Role
Julie Christie, Away From Her

Outstanding Performance by a Male Actor in a Supporting Role
Javier Bardem, No Country For Old Men

Outstanding Performance by a Female Actor in a Supporting Role
Ruby Dee, American Gangster

Outstanding Performance by a Cast in a Motion Picture
No Country for Old Men

TELEVISION

Outstanding Performance by a Male Actor in a Television Movie or Miniseries
Kevin Kline, As You Like It

Outstanding Performance by a Female Actor in a Television Movie or Miniseries
Queen Latifah, Life Support

Outstanding Performance by a Male Actor in a Drama Series
James Gandolfini, The Sopranos

Outstanding Performance by a Female Actor in a Drama Series
Edie Falco, The Sopranos

Outstanding Performance by a Male Actor in a Comedy Series
Alec Baldwin, 30 Rock

Outstanding Performance by a Female Actor in a Comedy Series
Tina Fey, 30 Rock

Outstanding Performance by an Ensemble in a Drama Series
The Sopranos

Outstanding Performance by an Ensemble in a Comedy Series
The Office

Among those on the red carpet, were Eric Dane and wife Rebecca Gayheart (above), Nicollette Sheridan, James Marsden, Jeremy Piven, Eva Longoria, Ellen Page, Diane Lane, Zac Efron, Ryan Gosling, Kyra Sedgwick & Kevin Bacon, Michelle Pfeiffer, Vanessa Williams, Woody Harrelson, Marcia Cross, Cate Blanchett, Amanda Bynes, America Ferrera, Christina Applegate, Debra Messing, Rebecca Romijn, Kate Beckinsale, Sophia Bush, Ashley Tisdale, Brittany Snow, Jamie-Lynn Sigler, Lisa Rinna, Ellen Pompeo and Teri Hatcher.

WENN