Stephen Baldwin Files for Bankruptcy After Months of Financial Woes

Even the rich and famous can't seem to escape the recession, especially when their fame peaked long ago. Stephen Baldwin, the star of films including "Bio-Dome" and "The Usual Suspects," filed for Chapter 11 bankruptcy protection in New York Tuesday. The court documents show that the 43-year-old actor and his wife, Kennya, owe more than $2 million, Reuters reported. The Baldwins owe a reported $1.2 million on two mortgages for their home in Rockland County, N.Y., valued at $1.1 million. ...Full Story
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