For months, the buzz over the new “Wall Street” movie has been extreme. The new movie, “Wall Street: Money Never Sleeps” has been talked about endlessly. The first movie somewhat coincided with present events when it was launched. The film about corporate greed within the 1980s came out just after the stock exchange crash in that decade. Michael 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 problems of successive generations.
The comeback of ‘Wall Street’
The sequel to the original film takes place within the urgent wake of the housing crash 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. The legendary role earned Michael Douglas an Oscar. Gekko, earning a living by giving lectures to students, is enlisted by his estranged daughters’ fiancé, played by Shia LaBeouf, to bring about a corrupt hedge fund managers’ ruin. It is partly a story of sabotage of the wicked. However, the movie, nicknamed however not really titled “Wall Street 2,” is also a story of redemption.
Real world of Wall Street
The movie is just a movie. Most individuals on Wall Street actually get that. A post in the Wall Street Journal by Martin Fridson opines that the film captured popular outrage, but 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 the film shouldn’t be taken as more than that. Hollywood takes license with historical events, which is not exactly a secret. Many events in history, that were actually really complex, were bent for the sake of sensation. Oliver 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 actual life.
Fine people of Wall Street don’t get seen
There is some truth in the cliché that a bad apple ruins a lot. It is kind of a shame. Numerous on Wall Street work incredibly ethically and unbelievably hard. That said, that sort of thing doesn’t sell tickets or magazines unfortunately. The movie “Wall Street: Money Never Sleeps” would be boring if that was the subject.
Additional reading
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/
