The sequel will focus on Gordon Gekko, the slick-haired, suspender-wearing corporate-raiding devil played by Michael Douglas in the original, newly released from prison as the sequel begins. Variety says 20th Century Fox intends for Douglas to star, though he hasn't signed on yet. But why wouldn't he? The last time he played this part, he got an Oscar for it, and it's not like he's super-busy making super-awesome movies these days. The sequel reportedly doesn't involve the Charlie Sheen character at all, which is probably just as well. The other one and a half men would get lonely without him.
The screenplay is being written by Allan Loeb, who wrote 21 and who also happens to be a licensed stock broker. He knows his greed and his card-counting and his shady gambling practices -- he sounds like a good fit. A director hasn't been assigned, but it's safe to assume it won't be Oliver Stone again.
Does any of this sound like a good idea to you? Yes, people are talking about Wall Street (the financial market, not the movie) again -- but they're talking about how much they hate it, and how angry they are at those greedy bastards for contributing to the economy's current screwed-up condition. The sequel is going to be a tough sale if it tries to make Gekko's "greed is good" mantra seem appealing or exciting again. On the other hand, if Gekko is humbled and chastened now, will he still be interesting? What direction do you think the Wall Street sequel should go?