Wall Street, released back in 1987, was a really entertaining movie and the sequel, Money Never Sleeps, to be released in September 2010, promises to be just as interesting.
Watch Michael Douglas, aka Gordon Gekko, in the Money Never Sleeps trailer here.
When Wall Street was released, of course, greed was ‘good’. Now, post- the latest financial crisis, greed is perhaps a little desperate. In 1987, the Stock Market was rattling along at a rate of knots and men like Michael Douglas’s character were raking in fortunes from speculation and, basically, placing completely unproductive bets on market movements.
Later that year, Wall Street was shocked by yet another market crash.
In Money Never Sleeps, Gordon Gekko is released from a long jail sentence for insider trading and sets about clawing his way back to financial supremacy. Where his younger foil in Wall Street was Charlie Sheen as Bud, it’s now young actor Shia LaBeouf who turns up as the wannabee successful trader, Jacob, hoping to get rich with Gekko’s help. Susan Sarandon plays Jacob’s mother and Frank Langella is his mentor, Lewis Zabel.
The plot turns around relationships between these characters along with Josh Brolin (Jacob’s amoral hedge fund manager boss, Bretton James) and Cary Mulligan, Gekko’s daughter Winnie.
The movie is set in 2008 just right as the international financial crisis is beginning.
Money Never Sleeps looks likely to be yet another film success for Oscar-winner Michael Douglas. The strong themes of greed and corruption, Douglas’s sure performance and Oliver Stone’s direction augur well for the Wall Street sequel.
Away from the movies, Michael Douglas is of course facing a number of personal health and legal challenges. He started treatment for throat cancer in summer 2010 and his ex-wife Diandra Luker is suing him, in advance, for a cut of the Money Never Sleeps profits. It’s pretty ironic that Luker has hired a legal team to muscle in on the money that will be made from the new film. She certainly doesn’t need any more of Michael Douglas’s money. She received $45 million from her ex-husband as a divorce settlement and has since been given over $6 million in ‘residual’ payments from his film work during their marriage. Her legal argument is that she has a right to money Douglas earns from the Wall Street sequel even though it’s many years since their divorce and nearly a quarter of a century since Wall Street was made and released.
One might conclude that Ms Luker, the ex-Mrs Michael Douglas, agrees with Gordon Gekko. She’s certainly behaving as if she believes that greed is good.
Watch the Money Never Sleeps trailer here: