leo.jpgThis was probably inevitable. With the explosion of Wall Street books and press and public interest focused on insider trading, bonus-eating Wall Streeters and backdating corporate executives, we were way overdue for another movie about the villainy of finance. When was the last one of these we saw? Could it really be “Boiler Room?” (“American Psycho” came out the same year but doesn’t count. It was so retro it felt like it was made in the 80s).
The word from Page Six is that Leo, Marty and company are making “The Wolf of Wall Street”–a film about “a penny stock trader whose Stratton Oakmont group pulled off ‘pump and dump’ schemes, in which fast-talking ‘boilerroom’ brokers ran up the prices of shares with fraudulent phone pitches,” Page Six says.
Also, we’re pretty sure the renewed Hollywood interest in making a good morality tale about Wall Street greed has nothing at all to do with the hedge funds that have started ruffling feathers over there.
John Carney
–Photo credit: Bess Levin
–Ruining visual joke with overwritten blog item: Priceless
LEO EYES WALL STREET WOLVES [NYP]

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Comments (10)

  1. Posted by Neubie | March 27, 2007 at 5:41 PM

    Global Green had an Oscar party Leo came across as one of few stars that walks his talk on the environment.

  2. Posted by anonymous | March 27, 2007 at 6:19 PM

    I think the recent focus on Wall Street bonuses is also a source of jealousy and bitterness on the part of media people. But then you have to ask yourself, why don’t journalists get their panties in a wad over the insane salaries paid out to various Hollywood types with names like Krapstein, Levine, Kravitz, and Goldberg?

  3. Posted by The Corner | March 27, 2007 at 8:45 PM

    A movie about a pump and dump brokerage needs a climax…could this be the Hollywood version of the massive short selling fraud of the later 90′s which led to even more massive fails to deliver, and consequently (pun intended) failure of two Wall Street firms?

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