Names & Faces: Obamas Moving to D.C. This Weekend

The bad news: Kevin Bacon and wife Kyra Sedgwick, left, have acknowledged they lost an undisclosed amount to Bernard Madoff's money management scheme. The good news: Woody Harrelson and longtime girlfriend Laura Louie got married Sunday.
The bad news: Kevin Bacon and wife Kyra Sedgwick, left, have acknowledged they lost an undisclosed amount to Bernard Madoff's money management scheme. The good news: Woody Harrelson and longtime girlfriend Laura Louie got married Sunday. (By Dan Steinberg -- Associated Press)
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Wednesday, December 31, 2008

Obamas Are D.C.-Bound

It's official: The Obama family is moving to Washington this weekend.

With their Hawaiian vacation drawing to a close and the start of school looming next week, the Obamas will make their personal transition to the nation's capital over the weekend, a transition official confirmed yesterday. They are planning to stay at a local -- as yet unspecified -- hotel until Jan. 15, reports our colleague Anne E. Kornblut, when they will be allowed to move into Blair House, the official presidential guest residence near the White House.

President-elect Obama will be working on an economic recovery plan, the transition official said, and will be here for the start of school Monday.

He and his wife, Michelle, and their daughters, Sasha and Malia, will be in Hawaii until New Year's Day, before making a final stop in Chicago en route to their new home.

Bacon, Wife Lost to Madoff

We wouldn't be the first to make a weak six-degrees-of-separation joke -- but could you blame us? Seems the latest victim of the Bernard Madoff scandal is none other than Kevin Bacon.

Bacon's rep, Allen Eichorn, told New York Magazine that, yes: Bacon, as well as wife Kyra Sedgwick, did lose money in disgraced New York money manager Madoff's $50 billion Ponzi scheme.

"I can confirm that they had investments with Mr. Madoff -- no further specifics or comment beyond that," Eichorn said. In response to rumors that Bacon and Sedgwick had lost everything except for their checking accounts and the land they own, Eichorn asked the media to "not speculate or rely on hearsay."

Other Hollywood types hit hard in the Madoff collapse include Steven Spielberg -- whose Wunderkinder Foundation suffered losses -- and DreamWorks' Jeffrey Katzenberg, the Wall Street Journal reports.

'Phantom' Sequel in Works

Good news for "Phantom of the Opera" fa ns: Andrew Lloyd Webber says the musical's long-awaited sequel should be ready at the end of 2009, with a possible simultaneous opening on three continents.

Lloyd Webber told the Times of London that the new musical, "Phantom: Love Never Dies," will be set on New York's Coney Island, roughly 10 years after the original. Webber said he hopes the show will open in New York, London and an Asian city, possibly Shanghai.


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