A tingle was within the air the second it was announced there would be a brand new “Wall Street” movie. It has been a big topic for months. Fans of the first are waiting within the wings for “Wall Street: Money Never Sleeps”. The stock exchange crash in the 1980s was the inspiration for the first movie. Douglas is back as Gekko in the sequel, which takes place within the midst of the real estate crash of 2008. Each movie is about the perils of avarice in high finance and investment in the wake of financial disasters of successive generations. Article resource – New Wall Street movie makes a splash by Personal Money Store.
’Wall Street’ element Deux
The real estate crisis of 2008 is the setting for the second film, as the stock market crash of the 1980s was the setting of the first. The beginning of the film is the release of Gordon Gekko, notorious corporate raider and insider trader, from prison. It is assumed that he went to jail after the end of the first film. It is a legendary role. It won Douglas an Oscar, and legions of followers. Seems like his new job is as a lecturer, as he gives talks to business students. The fiancé of Gekko’s daughter within the film, played by Shia LeBeouf, works at an investment bank and looks to bring down a corrupt hedge fund manager. The movie, erroneously referred to as “Wall Street 2,” is intended to be a story of redemption.
Real life of Wall Street
People that work on Wall Street are aware that it is just a movie. A post in the Wall Street Journal by Martin Fridson opines the film captured popular outrage, however that it ignores actual causes of the 2008 crash. An anonymous corporate attorney, according to ABC, said that the movie is fine as entertainment, but can’t be taken seriously as a critique of actual events. Hollywood takes license with historical events, which isn’t exactly a secret. Numerous events in history, which were actually really complex, were bent for the sake of sensation. Stone is no stranger to this kind of criticism, and Wall Street heavyweights which were technical advisors lamented his liberal use of license over portraying the complexities of real life.
Poor examples can wreck the group
It is type of a shame the few bad apples that get noticed spoil a lot of really good ones. Actual Wall Street traders and administrators are not the evil hounds they are made out to be. In fact, many are highly ethical and work incredibly hard. That said, that sort of thing doesn’t sell tickets or magazines sadly. The film “Wall Street: Money Never Sleeps” would be uninteresting if that was the subject.
ABC News
abcnews.go.com/Business/films-taking-wall-street/story?id=11712654 and page=3
Wall Street Journal
blogs.wsj.com/marketbeat/2010/09/24/a-wall-street-veteran-on-wall-street-2/
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