When legendary movies get remade or have a sequel produced, the launch is often awaited with a sense of dread and anticipation. The hype concerning the 2nd “Wall Street” movie has just such that air. Lots of people have been waiting for “Wall Street: Money Never Sleeps”. The first film was launched, and partly inspired by, the stock exchange crash 1980s. The sequel, with Michael Douglas reprising the iconic role of Gekko, takes place just following the crash in 2008. Each movie is about the perils of avarice in high finance and investment in the wake of financial disasters of successive generations.
’Wall Street’: The Traders Hit Back
The sequel to the original film takes place in the urgent wake of the housing crash of 2008. The presumption is that Gordon Gekko, the role Michael Douglas plays, went to jail following the first film ended, as the second film opens with his release from prison. Gekko is a legendary character, as it garnered generations of supporters and an Oscar for Michael Douglas. It appears his new job is as a lecturer, as he gives talks to business students. The fiancĂ© 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. It is partly a story of sabotage of the wicked. However, the movie, nicknamed but not actually titled “Wall Street 2,” is also a story of redemption.
Real Wall Street
The movie is just a movie. Most individuals on Wall Street really get that. A post within the Wall Street Journal by Martin Fridson opines that the movie captured popular outrage, however that it ignores actual causes of the 2008 crash. A Wall Street lawyer, who stayed anonymous also said the movie was fine as entertainment, as outlined by ABC. He also maintained that the movie shouldn’t be taken as more than that. Hollywood fudging the historical record for dramatic purposes is not exactly new. The film really employed a fair number of Wall Street insiders as technical advisors. A few have lamented that Stone didn’t treat on the complexities of the market well enough in the film.
Fine people of Wall Street do not get observed
There is some truth within the clichĂ© that a bad apple ruins a lot. It is kind of a shame. Actual Wall Street traders and administrators are not the evil hounds they’re made out to be. In fact, many are highly ethical and work incredibly hard. If “Wall Street: Money Never Sleeps” was about those kind of individuals, it wouldn’t sell many tickets.
Find more details 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/