Frank Skinner 'lost millions' during credit crunch

Frank Skinner locked up
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Frank Skinner has admitted that he has lost millions due to the financial crisis.

The comedian, who last year returned to the live scene with a variety show Credit Crunch Cabaret, had invested a lot of his earnings in AIG, which almost collapsed during and needed a bailout by the U.S. government.
 
"The first night I thought I had lost it all, I went home and I said to my girlfriend, 'look, a bit of bad news, I think I might be broke' and she said, 'You know we'll be alright. You can still get work. You can go back and do the clubs, we can move to a smaller place.'
 
"And we actually practically dealt with it quite well. I never really had the big panic about it which I find now very reassuring."
 
However Skinner, who was speaking on the Radio 4 programme Desert Island Discs said that if anything, the loss has made him more hungry to return to the limelight: "It also gave me my hunger back, I think. It made me think now I've got to get back out there and do it. If anything put the mojo back in me it was the idea that I might not have any money left."