Oliver Stone Talks Wall Street 2

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In the history of misunderstood movies, one that stands tall is Oliver Stone’s original Wall Street. The 1987 film was not even thinly veiled in its contempt of money players like Gordon Gekko, played by Michael Douglas. Yet to this day Stone still meets people on the street who quote Gekko’s lines (”Greed…is good”) and claim that the movie, and Gekko’s character in particular, pushed them into a career on the real Wall Street. “There’s an absurdity to it,” Douglas told the New York Times, which also spoke with Stone about the reasons for finally making a sequel on the eve of the shoot for Wall Street 2: Money Never Sleeps, which will reunite Stone and Douglas after 23 years.

Wall Street is one of Stone’s best movies, precisely because Gekko is such a seductive character. Until his protege Bud Fox (Charlie Sheen, who will cameo in the new film) realizes the truth about the big deal he’s brokering between Gekko and a small airline, the money flowing into his pockets seems so easy, so legit and harmless. The film is a morality play with a heavy father/son theme as Gekko threatens to upstage Fox’s hard-working, blue-collar father. As a morality play, the redemption of Fox played a big part. (That’s one bit the would-be financiers seem to miss.) Now, with the financial landscape infinitely more complex than it was 22 years ago, Gordon Gekko may have his chance at redemption, too.

When last we saw Gekko, he was presumably about to be jailed for insider trading. “When Gekko comes out of prison in the beginning of this movie, he essentially has to redefine himself, redefine his character,” Mr. Stone tells the New York Times. “He’s looking for that second chance.” He’ll face off against Josh Brolin as the “arch-villain”, Brighton James, “the head of a fictional investment bank.”

But while there is a new young (possible) protege character, played by Shia LaBeouf, as Stone discusses the film it sounds like the banking system will be the biggest new character. ” It’s a relatively complex story,” he says, “and we’re trying to do justice to the new Wall Street.” The new film will skip the stock market trading floor, which in 1987, before internet stock trading made the system available and comprehensible to everyone, was foreign territory. Now the action will happen in the Federal Reserve building. “In the original ’87 movie there was no Federal Reserve, we didn’t get into that,” says Stone. “But now the world has changed radically. This is part of the bulwark of the system.” And the greed is still there; it’s almost like the first movie never happened. “I thought those days were going to come to an end. The excess.”

Wall Street 2:  Money Never Sleeps begins filming in New York today.

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  • kwb
    I would encourage those enjoy our free enterprise system to keep an eye on Oliver Stone's work to see what's next. He's been rubbing elbows and schmoozing with Hugo Chavez recently at a film festival. Hugo Chazev is doing his own world tour to destroy Capitalism, and he's probably dreaming this very night about hiring Oliver Stone and Michael Moore as his new Film Czars down there in Caracas. (Maybe it's already happened) Oliver Stone seems to lean pretty far Left politically, like Michael Moore. Every good regime needs its propaganda, ala USSR, CHINA, CUBA, etc, etc, etc.. We have our own in the US as well, but I'm wondering how many frequent flier miles Mr. Stone will be accumulating in the next several weeks on Varig Airlines or whoever flies to Caracas. This current trashing of Capitalism by the Socialist Left is leading us astray. The focus needs to be on global money mongers, central banks and CORPORATISM, not CAPITALISM. The guys who become "ambassadors" for America through the lense of a film camera need to be sure they aren't selling their fellow Americans down the road. Let's watch what these guys get involved in the near future.
  • Chingon
    You are correct kwb. I've never seen love like the one Stone has for Chavez now, it's truly remarkable. It makes all other loves look lame in comparison. Oliver come on, get a grip. You are (were?) better than this.
  • kwb
    I have many friends who think that Socialism is some type of warm cosy blanket to protect us from an evil that they can't quite explain to me. Is the possibility of financial failure an "evil", is Capitalism evil, is the unknown evil? Is guaranteed bread and mediocre existence ALA Soviet Union, Venezuela less frightening than "freedom" with its demands to preserve it? I shudder to think how much influence the population absorbs from Hollywood and media elitists who OOZE Socialism in front of a camera, yet WREAK of Capitalism while jetting around the world sipping cognac or guzzling champagne. The elite "creatives" and cheerleaders of the masses never HAVE and never WILL suffer the "generic, cheap vanilla" lifestyle they push on the "people". The kings, queens and dictators need these entertainers to keep us distracted "believers" from thinking for ourselves. Guys like Oliver Stone and Michael Moore apparently think that the American brand of Socialism/Marxism will be different and superior to the brands which have failed all around us. They are wrong, but in their warped egoist minds, they think they are doing something good, and they are sinking our ship.
  • kwb
    Chingon, I think we need a Socialist "reality TV" series showing what it's like on the street. I live and work in Ukraine right now, helping people open businesses, and I see every day what "Socialism on Steroids", Communism, has done for Ukrainians. It's discouraging, to defend capitalism to people who make 150 dollars a month for a full time job. I had a beer with an ex-teacher tonight, and we politely defended our "isms". He has been sold by his old "system" on the notion that Capitalism is evil. He said "Capitalism has many choices, but nothing free. Socialism has no choices, but everything free." I replied, "Your freedom is the price you pay for Socialism/Communism, in addition to your low pay, high taxes, and mediocre services. So, WHAT's free?" He and I will talk more, but we agreed that corruption is the root cause for global chaos and abuse of people. I am happy that the public is debating this NOW, because nothing was being exposed or clarified during our silent ignorance.
  • Chingon
    You have it absolutely right, man. Believe me I know, I live here in Venezuela. Nothing like being a "Chavista" in USA or Venice.
  • Cujo_Fugate
    Tarantino doesn't hate Oliver Stone. I read an interview with Tarantino and he said that Stone was "cinematically brilliant."
  • David K. Meller
    The pathology of which Oliver Stone (and other perceptive and intelligent observers) speak comes not from "greed" per se, after all, even authors and movie directors deeply crave profits from their creations, nor from "capitalism", after all, there are all manner of manipulations and corrupt "gaming" of the system in socialist and other decidedly non-capitalists forms of political organization, but from a seriously defective monetary and credit issuing and regulating authority, centered on the Federal Reserve.

    Consequences of fiat money, politically manipulated credit, and debt monetization are even MORE destructive than most critics imagine!

    There are, fortunately, a number of excellent and highly readable books and monographs exposing the Federal Reserve as the source of the disease that it is, and not merely the symptoms, such as investment "bubbles" and enormous disparities of wealth.

    The Case against the Fed/ What has the Government done to our money/ the Case for a 100% Gold dollar--Murray N. Rothbard

    The Creature from Jeckyll Island--G. Edward Griffin

    America's Money Machine--Elgin Groseclose

    and the most recent, and probably the best, End the Fed! by Congressman Ron Paul.

    If Oliver Stone, and others concerned with this timely and relevant film, treat themselves to those books, a much better film will result.

    PEACE AND FREEDOM!!
    David K. Meller
  • The original was amazing, and we recently had "Boiler Room," so wonder what Wall Street 2 could be about.
  • David K. Meller
    The phenomena which O.Stone displays in his movies about Wall Street--and the sundry thieves and scammers who infest it--are merely the symptoms. The disease itself is the Federal Reserve, which enables them in their skullduggery by its largely secret operations, and its ability to create "money" and credit not out of actual savings, but out of thin air.

    There are several excellent books detailing how it does this, and what the consequences are. They are even MORE dangerous to the rest of us then most mainstream critics imagine!

    Creature from Jeckyll Island--G.Edward Griffin
    The Case against the Fed--Murray N. Rothbard
    End the Fed!--Ron Paul. the most recent, and perhaps the best.

    Mr.Stone should treat himself to those books. His movies will be better for it.

    PEACE AND FREEDOM!!
    David K. Meller
  • Adamf
    Please spare us your bull, Mr. Meller.

    There is such a thing as personal responsibility for your actions (its called being an adult). Wall Street systematically spent billions to deregulate itself... leaving us holding their crap.

    I hope Stone sticks the knife in deep.
  • Name
    Dear Adamf,
    You might do your readers the courtesy of at least READING posts before you comment.

    Nowhere did I deny personal responsibility for the criminals who have inflicted such damage on the world's economy, and certainly they should at the very least face bankruptcy and fraud charges--rather than "bailouts"--from the authorities! This doesn't change the fact that they were able to do the collossal damage they did--in the 1930's, the 1970's, and today by an extragovernmental, transnational, and largely autonomous gang of counterfeiters and embezzlers, operating through the US commercial and investment banking system, and that the gang in question--The Federal Reserve--turned what would have been a series of small adjustments, probably in State Bankruptcy court, into a global disaster.

    Aim your weapons at the disease, not at mere symptoms!

    PEACE AND FREEDOM
    David K.Meller
  • ericlarson
    This has a lot of potential. Hopefully we won't be hit over the head with a cliche message over and over to insist on how relevant the film is today. I feel this role could be huge for Shia who truly is one of the best young actors in the business. He was the best part in Transformers 2.
  • muffin7
    Don't get your hopes up, the script is truly awful. One of the worst I've read in a long time. I think scriptshadow has a review of it up on his blog, pretty sure he hated it, too.
  • RussFischer
    I'm definitely a bit concerned. The original is hardly subtle, and Stone has become a lot less subtle in his later years. But if he can get the sort of performances the original had, it could balance out...
  • ericlarson
    Tarantino said in a interview during his press rounds for Basterds that he believes that if Stone doesn't constantly tell the audience what to think and to believe then the film failed in a way. If the audience walks out of the theater debating or discussing then it failed. I wish I could find it somewhere. It was well said and obviously Tarantino doesn't care for Stone but it was a fair criticism. As long as it doesn't go all Crash on us with "racism racism racism" and here "corruption corruption greed greed relevance relevance" then this should be good stuff.
  • clarencesomerset
    Interesting, hope they present the complexities of modern finance in an entertaining fashion. I've always liked to see an opening sequence rendered with stock charts etc.
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