Gordon Gekko and ‘Wall Street’ rebound in hedge fund era

Will greed be a ‘good thing’…again?

AFP

May 7, 2007 – TheScroogeReport.com Post

Twenty years after playing ruthless corporate raider Gordon Gekko in “Wall Street”, Michael Douglas is to star in a sequel to the tale of yuppie greed and excess, this time set in the hedge fund era.

Edward Pressman, who produced the original movie, reached an agreement with the 20th Century Fox studio last week to develop the movie, which is to be entitled “Money Never Sleeps,” the New York Times reported.

Douglas, 62, who won an Oscar for his portrayal of stockbroker Gekko grooming protege Bud Fox, played by Charlie Sheen, in the 1987 film, told the newspaper that Gekko’s character was largely unchanged.

“I don’t think he’s much different,” Douglas told the newspaper. “He’s just had more time to think about what to do.”

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