Michael Douglas & Oliver Stone want to make sequel to ‘Wall Street’

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I’m sick of Hollywood making both lukewarm sequels and horrible re-makes. So this latest news out of the Hollywood Brain Trust isn’t so great – Michael Douglas and Oliver Stone are intent on making a sequel to Wall Street. In the 1980s financial heyday (and subsequent recession), Wall Street was a huge, groundbreaking hit that scored Michael Douglas his only acting Oscar. It spawned the famous line “Greed is good.” It had Charlie Sheen and Martin Sheen staring together as father and son. All in all, they did it right the first time, wo why mess with a sequel?

Michael Douglas and Oliver Stone are back together again with a sequel to their 1987 hit “Wall Street.”

Douglas is reprising his role as Gordon Gekko and Stone is on board again to direct the sequel, which for now has the working title “Wall Street 2,” said 20th Century Fox spokesman Gregg Brilliant.

Brilliant said the project is timely and relevant given the state of the world.

“We need to keep the story line under wraps, but it’s literally ripped from today’s headlines,” Brilliant said. “It’s going to be very big and very cool.”

With the economy and financial markets in a tailspin, it will be different times for Douglas’ Gekko. In the original film, corporate raider Gekko was a symbol of Wall Street greed and corruption during the boom era of the 1980s.

Gekko has endured because audiences give him the “same kind of respect we’ve got for the great white shark,” Douglas said in an interview Friday with Associated Press Television News for his upcoming life-achievement award from the American Film Institute.

“He’s a villain. Gordon Gekko is a great, old-fashioned villain,” Douglas said. “And, interestingly enough, if you look at most actors’ careers, their biggest achievement, not necessarily success, but (achievement), is playing a bad guy.”

Academy Awards voters agreed. Douglas earned the best-actor Oscar for Gekko.

The sequel is scheduled to start shooting this summer. Edward Pressman, who produced “Wall Street,” also is back for the sequel, while Allan Loeb (“21”) wrote the screenplay.

From The Huffington Post

“It’s literally ripped from today’s headlines.” Except those “ripped from the headlines” movies are always crap. Learn from the plague of Iraq War-related films, and just call an end to this ill-conceived sequel. The genius of Wall Street was that no one had really made that kind of film about corporate greed, the Boys’ Club, and the hidden loyalties and agendas that mark modern finance. At this point in time, we don’t need to see a fictionalized version of the financial crisis we’re living through. Blech.

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8 Responses to “Michael Douglas & Oliver Stone want to make sequel to ‘Wall Street’”

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  1. sandy says:

    they can do the sequel as long as they give Gordon Gekko the gigantic cell phone that was the size of a phone book.

  2. Tia C says:

    Kaiser, I couldn’t agree with you more. This is bad timing, and in questionable taste as well. Not that that really matters, but it might as far as appealing to an audience. Hollywood needs to put an end to all the lukewarm re-hashing and come up with something original.

  3. Big Mama says:

    I completely agree with Tia C. & Kaiser! Enough already…

  4. Don'tStopBecause says:

    But what’s funnier – that the guy spruiking this lame idea is actually named Gregg BRILLIANT, or calling it “Wall Steet 2”? Great title and what a way to alert everyone to a lack of REAL thought, while Douglas attempts to get a vehicle to propel him back to A-list status. BRILLIANT!

  5. kiki says:

    i think a remake of Wall Street would be AWESOME !! the timing of it all comes at a good time
    You are tired of seequels ? well I am tired of lame teeny Vampire movies and Gross comedys with Seth Rogan…

  6. dubdub2000 says:

    Actually, I would LOVE to see a good sequel to wall street. It is because of those wall street types that the world economy is decimated today. Back the movie celebrated on one hand the yuppie idolatry of the 80s and at the same time warned against it. For quite a long time , the US had fallen back into that state of mind of uber capitalism gone rampant with a complete lack of morals. So to have a sequal where the big dag gets busted for fraud and walks around freely on bail while the thousands of people who unknowingly had their life savings placed in his hands struggle and to have him in the end get away scotts free (realistic ending, very depressing, that would be the european version-lol) or end up in jail for a long long time (the hollywood version) or better yet end up paying for it via dire personal circumstances (the indie version) -lol – could be very interesting. More over: I’ve always found Michael Douglas to be very very very good a playing utter and complete bastards 🙂

  7. Shelby says:

    I wouldn’t mind seeing a sequel to Wall Street, as long as it ends with Gordon Gekko and his cronies being stoned and torn to shreds by mobs of enraged working-class people.

    Who knows, it could turn out to be a Rocky Horror-type phenomenon where folks come to throw eggs at the big screen!

  8. heh-heh (not to be confused with heehee) says:

    Tons of people have stopped Michael Douglas on the street and told him how much Gordon Gekko was their idol… He then disappointed many of them by telling them, “Guys, Gekko was the villain…”

    Stone can cover the same ground twice if he has a passion for the story (Platoon was later followed by Born on the Fourth of July), but he still made that lukewarm third Vietnam movie with Tommy Lee Jones called “Heaven and Earth.” I just hope he can find a new aspect of wealth in America to cover in this sequel.