the dog is wagging them

For the first anniversary of Wall Street 2: Money Never Sleeps, Bloomberg rang up Oliver Stone to see what’s been a’ poppin’ with the director of late and pick his brain about how things have been going in the finance world since the premiere. The interview touched on the fact that the original script had Josh Brolin playing an evil hedge fund manager, before Stone realized that it was the banks that did most of the heavy lifting with regard to bringing the global financial system to its knees (“[Hedge funds] are just the tail,” the filmmaker says. “The dog is wagging them. The big dog is these seven banks”). “You can’t condemn the hedge funders for doing what they’re doing,” was Stone’s response to the question of whether or not the hedge fund industry is deserving of blame for the crisis, indicating rational, lucid thought, and not those of someone who’s been drinking. But he wasn’t finished. Read more »