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Wall Street Sequel “Money Never Sleeps” to be Set in … LONDON???

By BankersBall on Jul 23, 2007 in Cube Life, Lifestyle, London

Oliver Stone and Bud Fox (ok, ok — Charlie Sheen) will not be in the sequel to Wall Street, called Money Never Sleeps, but Gordon “Michael Douglas” Gekko will be back, reports the BBC.

More details:

“The new film will take off with Gekko out of jail and ‘resuming his machinations on a global scale in the hedge-fund era.’” (Cinematical, though not sure where the quote is from)
Stephen Schiff is writing the screenplay and Wall Street original producer Edward Pressman will produce.
Sequel is reportedly going to be based in London (Fortune)
Schiff on Gekko 2.0: “‘If you weren’t wearing suspenders before ‘Wall Street,’ you were certainly wearing them after,’ he said. As for moral development, don’t expect too much from a villain who taught us that lunch is for wimps, and who bragged: ‘I create nothing. I own.’” (NYTimes)

13 Comment(s)

On Jul 24, 2007, Coruscation said:

Can’t wait for the Vin Diesel - Ben Affleck karaoke edition.
(See _Boiler Room_ for the reference.)
On Jul 25, 2007, ANON BANKA said:

Think Basic Instinct 2. It’s going to be sh**e
On Aug 7, 2007, terribleidea said:

I have a bad feeling about this movie, but I hope I’m proved wrong. This just sounds like a half baked idea. Wall Street is such a classic, a sequel will never do the original justice. The thing that made Wall Street so exceptional was Oliver Stone’s careful research, personal experience (his father was a broker), brilliant casting and ability to depict the 1980’s Wall Street era so well- the “greed is good” mantra.

A better idea would to have a stand alone film about modern money culture in the era of the 2 and 20 crowd, and have the movie directed by someone like Paul Thomas Anderson, or another young, talented director and written by ‘Adam Smith’ (George Goodman).
On Aug 26, 2007, Neil J. Mason said:

It is hard to say how this movie is going to be received by the public. If the movie is taken at face value and people go with the intention of wanting to see a good movie with a good actor (Douglas), then the movie might do well. The character of Gordon Gekko is probably one of the best that Hollywood has ever produced, and I am convinced that nobody could have played that role as effective as Michael Douglas. However, the public will be going into the theatre during a much different economic time than they did during the eighties when the original Wall Street came out. As such their perception of the story might be skewed. I feel that Wall Street was an exceptional movie on so many different levels. For one thing the movie captured the ethos of the eighties. During the eighties it appeared that the sky was the limit and each person was n control of their own destiny – Gekko personified this belief. The movie also came out during a time when the capital markets were still pretty much the playground for the rich and the average person had little understanding of how the stock market actually worked. Therefore, there was a sort of magic element attached to the idea of investing. Now, 20 years later, people have been victims of poor job markets and have come to the conclusion that success is not easy to acquire – if at all possible. Furthermore, most people now have some exposure to the capital markets either through online trading or through mutual funds; and as such the mystical element of “Wall Street” has all but evaporated. You could even go as far to say that after many years of bad quarterly statements many feel that there is no magic left in Wall Street. Then there is the whole war in Iraq issue that is going on. Back when Wall Street came out everyone thought that the Japanese were going to take-over the world financially. The American people were rooting for America and Gekko, in a strange way he was their hero. People had the mind-set that Gekko was a force to be reckoned with, and that even though his ethics leave much to be desired; he was still waiving the American banner of capitalism. Now, many people are not as proud of the American way of doing things. In fact many are ashamed at the way America conducts itself. Because the American paradigm has changed since September 11th; Gekko may now be scene for what he really is: a greedy bastard who belongs behind bars and not on the cover of magazines.
On Sep 3, 2007, Inviolaine said:

Hey Neil, wrong on every count. When the original movie came out the markets had already collapsed - Oliver Stone was accused of EXPLOITING the chaos and misery of the Street….and if you haven’t been making money in the last 5 years buddy, my-oh-my, you ‘aint never gonna make a dime!
On Sep 19, 2007, Neil J. Mason said:

Inviolaine, before you make a comment you should get your facts straight. Wall Street came out three months after the crash of 1987. It takes about a year to make a movie. Watch the feature “Money Never Sleeps” on the current version of Wall Street DVD. Stone explains that the fact that the movie cam out so soon after the crash was just luck. As far as people making so much money right now; I have two words for you - SUB PRIME. Maybe a select few people are makng money. But there are probably more losing their homes. Things are not as rosey as you ma think. I guess the recent 50 point rate cut was the Fed’s way of saying that they feel the market needs to cool off - right?
On Oct 15, 2007, BigLaw said:

This movie probably would have been more guaranteed to do better if it had come out during the dot-com era. Back then, everybody felt invincible and the job market was a hell of a lot better. Then people, especially in the financial industry might have been able to identify even more with the sequel.
On Mar 9, 2008, Ops said:

You gotta love when hwood can make the most mundane of typical backoffice Ops sexy & exciting.
On Apr 6, 2008, moneyrepellent said:

Are you kidding? There’s still a TON of money being made in hedge funds. This is the new “Wall Street” that hearkens back to the bad ‘ole days of how Wall Street was run by old boy networks and playground of the super rich. You and I can’t get into a hedge fund now unless you have at least $1 million to invest. It’s another world, one which is out of reach for the average Joe. It would be interesting to see how this new movie portrays this phenomenon.
On Apr 18, 2008, Quint said:

It was interesting to me that “Wall Street” was set in 1985. Yet, there was a line in there about how Gordon Gekko was selling NASA stock short when the Challenger blew up. That didn’t happen until January 1986. Oliver Stone screwed up there, I guess.
On Aug 9, 2008, Gordon Gekko said:

In response to Quint’s comment above. The movie was made in 1987 not 1985. I guess you screwed up Quint not Oliver. This is Oliver Stone were talking about…do you think he would make an error like that?
On Aug 9, 2008, Gordon Gekko said:

In the first shot of the film, showing the large expanse of the a trading floor, the year is noted as 1985. Moments later a character comments sarcastically on how a broker (Gekko) had shorted NASA stock 30 seconds after the Challenger exploded. The Space Shuttle Challenger exploded in January, 1986, after the events of the beginning of the film. Stone later explained that the “1985″ title at the beginning was added after production was finished, to locate the film in a time before the mid-’80s insider-trading scandals began to break. However, when Bud checks his computer’s date book on the day he meets Gekko, the year is again given as 1985.

In any case, the character was clearly making a joke: NASA is a governmental agency and not a publicly traded company.
On Sep 18, 2008, Bud-Wiser said:

Guess it will be difficult for the movie to produce the same effect Wall Street had on all of us. Cult movies are rarely sequels…and the fact that Oliver Stone is not part of the game this time is quite negative, at least he has an objective opinion of this “malfunctioning corporation called the USA”. Interesting though is that the “economic moment” is in favour of the producers…like in the 80s American trade deficit is very large and subprime crisis has been touching people’s minds enough to make it a success…let’s see.

Post a Comment

On Jul 24, 2007, Coruscation said:

Can’t wait for the Vin Diesel - Ben Affleck karaoke edition.
(See _Boiler Room_ for the reference.)

On Jul 25, 2007, ANON BANKA said:

Think Basic Instinct 2. It’s going to be sh**e

On Aug 7, 2007, terribleidea said:

I have a bad feeling about this movie, but I hope I’m proved wrong. This just sounds like a half baked idea. Wall Street is such a classic, a sequel will never do the original justice. The thing that made Wall Street so exceptional was Oliver Stone’s careful research, personal experience (his father was a broker), brilliant casting and ability to depict the 1980’s Wall Street era so well- the “greed is good” mantra.

A better idea would to have a stand alone film about modern money culture in the era of the 2 and 20 crowd, and have the movie directed by someone like Paul Thomas Anderson, or another young, talented director and written by ‘Adam Smith’ (George Goodman).

On Aug 26, 2007, Neil J. Mason said:

It is hard to say how this movie is going to be received by the public. If the movie is taken at face value and people go with the intention of wanting to see a good movie with a good actor (Douglas), then the movie might do well. The character of Gordon Gekko is probably one of the best that Hollywood has ever produced, and I am convinced that nobody could have played that role as effective as Michael Douglas. However, the public will be going into the theatre during a much different economic time than they did during the eighties when the original Wall Street came out. As such their perception of the story might be skewed. I feel that Wall Street was an exceptional movie on so many different levels. For one thing the movie captured the ethos of the eighties. During the eighties it appeared that the sky was the limit and each person was n control of their own destiny – Gekko personified this belief. The movie also came out during a time when the capital markets were still pretty much the playground for the rich and the average person had little understanding of how the stock market actually worked. Therefore, there was a sort of magic element attached to the idea of investing. Now, 20 years later, people have been victims of poor job markets and have come to the conclusion that success is not easy to acquire – if at all possible. Furthermore, most people now have some exposure to the capital markets either through online trading or through mutual funds; and as such the mystical element of “Wall Street” has all but evaporated. You could even go as far to say that after many years of bad quarterly statements many feel that there is no magic left in Wall Street. Then there is the whole war in Iraq issue that is going on. Back when Wall Street came out everyone thought that the Japanese were going to take-over the world financially. The American people were rooting for America and Gekko, in a strange way he was their hero. People had the mind-set that Gekko was a force to be reckoned with, and that even though his ethics leave much to be desired; he was still waiving the American banner of capitalism. Now, many people are not as proud of the American way of doing things. In fact many are ashamed at the way America conducts itself. Because the American paradigm has changed since September 11th; Gekko may now be scene for what he really is: a greedy bastard who belongs behind bars and not on the cover of magazines.

On Sep 3, 2007, Inviolaine said:

Hey Neil, wrong on every count. When the original movie came out the markets had already collapsed - Oliver Stone was accused of EXPLOITING the chaos and misery of the Street….and if you haven’t been making money in the last 5 years buddy, my-oh-my, you ‘aint never gonna make a dime!

On Sep 19, 2007, Neil J. Mason said:

Inviolaine, before you make a comment you should get your facts straight. Wall Street came out three months after the crash of 1987. It takes about a year to make a movie. Watch the feature “Money Never Sleeps” on the current version of Wall Street DVD. Stone explains that the fact that the movie cam out so soon after the crash was just luck. As far as people making so much money right now; I have two words for you - SUB PRIME. Maybe a select few people are makng money. But there are probably more losing their homes. Things are not as rosey as you ma think. I guess the recent 50 point rate cut was the Fed’s way of saying that they feel the market needs to cool off - right?

On Oct 15, 2007, BigLaw said:

This movie probably would have been more guaranteed to do better if it had come out during the dot-com era. Back then, everybody felt invincible and the job market was a hell of a lot better. Then people, especially in the financial industry might have been able to identify even more with the sequel.

On Mar 9, 2008, Ops said:

You gotta love when hwood can make the most mundane of typical backoffice Ops sexy & exciting.

On Apr 6, 2008, moneyrepellent said:

Are you kidding? There’s still a TON of money being made in hedge funds. This is the new “Wall Street” that hearkens back to the bad ‘ole days of how Wall Street was run by old boy networks and playground of the super rich. You and I can’t get into a hedge fund now unless you have at least $1 million to invest. It’s another world, one which is out of reach for the average Joe. It would be interesting to see how this new movie portrays this phenomenon.

On Apr 18, 2008, Quint said:

It was interesting to me that “Wall Street” was set in 1985. Yet, there was a line in there about how Gordon Gekko was selling NASA stock short when the Challenger blew up. That didn’t happen until January 1986. Oliver Stone screwed up there, I guess.

On Aug 9, 2008, Gordon Gekko said:

In response to Quint’s comment above. The movie was made in 1987 not 1985. I guess you screwed up Quint not Oliver. This is Oliver Stone were talking about…do you think he would make an error like that?

In the first shot of the film, showing the large expanse of the a trading floor, the year is noted as 1985. Moments later a character comments sarcastically on how a broker (Gekko) had shorted NASA stock 30 seconds after the Challenger exploded. The Space Shuttle Challenger exploded in January, 1986, after the events of the beginning of the film. Stone later explained that the “1985″ title at the beginning was added after production was finished, to locate the film in a time before the mid-’80s insider-trading scandals began to break. However, when Bud checks his computer’s date book on the day he meets Gekko, the year is again given as 1985.

In any case, the character was clearly making a joke: NASA is a governmental agency and not a publicly traded company.

On Sep 18, 2008, Bud-Wiser said:

Guess it will be difficult for the movie to produce the same effect Wall Street had on all of us. Cult movies are rarely sequels…and the fact that Oliver Stone is not part of the game this time is quite negative, at least he has an objective opinion of this “malfunctioning corporation called the USA”. Interesting though is that the “economic moment” is in favour of the producers…like in the 80s American trade deficit is very large and subprime crisis has been touching people’s minds enough to make it a success…let’s see.