Fox Hires New Writer For Wall Street Sequel

With the stock market back in the news headlines due, it is no surprise that 20th Century Fox is moving forward with development on the previously announced sequel to Oliver Stone’s 1987 film Wall Street. 21 scribe Allan Loeb has been hired to pen the screenplay. I’ve heard nothing but bad things about Stephen Schiff’s draft of the script which was titled Money Never Sleeps. Loeb will be doing a page one rewrite, and the studio hopes to fast track a sequel into production.

The story will follow Gordon Gekko, the character Michael Douglas made famous in the 1980’s. Douglas is interested, but has yet to sign on to the project. The sequel will pick up as Gekko has been let go from prison and returns to the world of… you guessed it, Wall Street. Bud Fox (Charlie Sheen) will not be featured in the follow-up storyline. But I’m wondering how Gekko will deal with the highly volatile market, where it seems like no one is making money. But is that an interesting setting for

Discuss: Do you want to see a Wall Street sequel?

  • Never understood Wall Street's appeal.

    I think it's a decent film but nothing special.
  • charles
    There was already a sequel it was called Boiler Room. It was damn near better than the first.
  • Bruce Campbell
    Boiler Room was Wall Street for dumb people.
  • M&Co
    charles, please.
  • May
    No. Wall Street was a movie of it's time. It was documenting the excess and greed of the eighties (like American Psycho did as well later on). But if you made a sequel it would be an entire different animal. Gekko in the modern world would be lame. They should chronicle the rise and fall of a more modern Wall Street yuppie. He would be like Captain America in the sixties, a man out of his time and his element. And if Douglass and Stone aren't coming back? Forget it.
  • Deck Mackenzie
    No more sequels, remakes or reimaginings, please.
  • Jamie
    Michael Douglas did a photo shoot a few years ago for... can't remember which magazine... where he "reprized" his Gekko character for the shoot. He was very jazzed by the whole thing. Maybe that's where the studio got interested in doing a sequel.

    The original is a brilliant and amazing document of the time, just like Bonfire of the Vanities was (the BOOK, not the movie).

    I wouldn't be starting with a script on this project. That's where they made their first mistake with Stephen Schiff. I'd be sitting down with Douglas with a pad of paper and just talking about Gekko. Getting the character beats. Who is Gekko after his fall? Who is Gekko after prison? Did he even go to prison? Did he redeem himself? Is he repentant? A changed man or the same person with a changed world around him? Who is Gordon Gekko 20 years later?

    Until you know the answers to these questions, you can't proceed. And since Douglas lived in Gekko's body for a long time, I can't imagine proceeding with a script without him or his thoughts. I would dress Michael up as Gekko again and send him out into New York and ask him how he feels. Who is Gordon Gekko NOW?

    That's where you go from.
  • Oi Vey
    if it's Fox, then it'll be 85 minutes, shot in Toronto, and PG-13.
  • charles
  • R_McCall
    Certainly the subject matter is worth revisiting but Gekko and Stone's Wall Street is an iconic piece of cinema, better to make something fresh and new with new characters. I love Douglas, love the mans work - even in the most sluggish thriller he's fantastic to watch (wtf was The Sentinel about - but Douglas was great). I want more Douglas just not in Gekko form.
  • Matt
    Just look at Carl Ichan. People like Ichan and Gekko can always make money.
  • Gajonka
    IVE BEEN WAITING..... YES OF COURSE! SH*T!!!!!
  • Gajonka
    GOTTA BRING SPADER BACK. "GOTTA HOUSE IN OYSTER BAY, YA KNOW".
  • ANGRY BROOMSTICK
    Nope. It's gonna be dumb!
  • Ender21@gmail.com
    Greed is good, eh?
  • Paul
    I liked Boiler Room and also thought Wall Street was a great movie. A sequel could be interesting, but usually going back to old movies doesn't work out. Still we've had plenty of rubbish first-time movies remade, so at least this starts with a decent movie (if nothing else)
  • Jill
    It would be interesting to see Gekko come back as a hedge fund manager....private equity....short selling...and lots of money and greed.
  • MICHAELGARCH
    It's a good idea, I really liked the first Wall Street but some of the acting (Daryl Hanna) was really bad. I would like to see Charlie in it again but what the hell, as long as Douglas is in it with a good script it will be worth the wait.
  • Marv
    Well, they beter push this out quick before the economy recovers if its going to sell.
    'At 4'OClock I'm a dinasaur'
  • Marv
    At four O'Clock, I'm a dinasaur.
blog comments powered by Disqus