Brand new Wall Street film as controversial as the very first

When iconic films get remade or have a sequel produced, the launch is often awaited with a sense of dread and anticipation. The hype concerning the second “Wall Street” film has just such that air. It has been a big topic for months. Enthusiasts of the original are waiting in the wings for “Wall Street: Money Never Sleeps”. The 1st film was released, and partly inspired by, the stock exchange crash within the 1980s. The real estate crash of 2008 is the inspiration for the brand new film, as Douglas returns to his Oscar winning role as Gordon Gekko. Each film is about the perils of avarice in high finance and investment in the wake of financial dilemmas of successive generations. Source of article – New Wall Street movie makes a splash by Personal Money Store.

’Wall Street’ element Deux

The more things change, the more they stay the exact same. The second film, equally the very first, takes place within the midst of a financial crisis, and within the sequel, it is the real estate crisis of 2008. 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 following the end of the first film. It is an iconic role. It won Douglas an Oscar, and legions of supporters. Gekko starts giving lectures to students, and then decides to help his daughter’s fiancé, played by Shia LeBeouf, to bring down a corrupt hedge fund manager. The film, often wrongly called “Wall Street 2″ is mostly about redemption.

The actual Wall Street

Real individuals on Wall Street know it is only fiction. A recent op-ed in the Wall Street Journal by Martin Fridson claims the film is great for conveying the outrage, the real causes of the crash are more complex. A Wall Street lawyer, who stayed anonymous also said the film was fine as entertainment, according to ABC. He also maintained that the film shouldn’t be taken as more than that. Hollywood takes license with historical events, which is not exactly a secret. Numerous events in history, which were really very complex, were bent for the sake of sensation. Some Wall Street insiders that served as technical advisers for the film lamented that director Stone did not touch on other components of the crash.

Fine individuals of Wall Street do not get seen

The adage about bad apples spoiling the bunch is true. Actual Wall Street traders and administrators are not the evil hounds they are made out to be. In fact, the majority is highly ethical and work incredibly hard. That said, that kind of thing doesn’t sell tickets or magazines unfortunately. The film “Wall Street: Money Never Sleeps” would be uninteresting if that was the subject.

Discover more info on this 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/