News & Gossip

Updated January 15, 2009

Madoff-Swindled Kevin Bacon Admits 'I Need To Work'

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FOXNews

The actor was taken to the cleaners in Bernie Madoff's alleged Ponzi scheme

Kevin Bacon doesn't have any projects lined up at the moment.

And that may be a problem.

The actor, who was taken to the cleaners in Bernie Madoff's alleged Ponzi scheme, is coming to terms with his and wife Kyra Sedgwick's new, more modest financial situation.

"There are a lot of things I'm grateful for: my health, my family, my career, my family's health," he told Life & Style magazine last Friday. "We'll march on. We have to. There's nothing you can do about it."

Bacon, 51, says he was taken by surprise by money manager Madoff's financial implosion.

"I didn¹t see it coming," he said. "I don't have anything lined up right now, but I need to work, for obvious reasons."

Luckily, wife Kyra Sedgwick is gainfully employed in her hit TV series "The Closer," for which she earns a reported $300,000 per episode.

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