'Wall Street' brokers back for more
EmptyWall Street's all the rage again — literally — and Oliver Stone and Michael Douglas have decided they have more to say about it.
Stone has closed a deal with Fox to direct the follow-up to "Wall Street," tentatively called "Wall Street 2," with Douglas starring. It provides an unusual amount of continuity because Stone directed and co-wrote, with Stanley Weiser, the original 1987 exploration of the inner workings of the financial sector and its complicated relationship with greed.
The plot line for the new iteration has not been divulged, but it will pick up with corporate raider Gordon Gekko, the character for which Douglas won a best actor Oscar. Gekko's larger-than-life presence will again loom over a young upstart looking to navigate the shark-tank world of today's Wall Street.
Shia LaBeouf is in talks with the studio to take on the younger role. Stone and company hope to begin production during the summer.
Allan Loeb ("21," "The Baster") was hired to rewrite the long-developing project in the fall and apparently has turned in a script strong enough to corral Stone, who reportedly was cool to the idea of a sequel. Ed Pressman, who produced the original film, is producing the follow-up as well.
The CAA-repped Stone most recently directed the biopic "W." and before that helmed the 9/11 drama "World Trade Center," itself a kind of tragic bookend to "Wall Street's" greed-is-good mantra. The new "Wall Street" project, with its up-to-the-minute placement in the context of the global financial mess, should provide Stone with an ample palette for his typically provocative cultural commentary.
The Endeavor-repped Douglas most recently starred in the 2007 comedy "King of California." He co-stars in "Ghosts of Girlfriends Past," which opens Friday.
LaBeouf, repped by Endeavor and Crosby/Spilo Management, next stars in "Transformers: Revenge of the Fallen," which opens June 24. (partialdiff)