Dubai has reportedly been chosen as one of the locations for a timely sequel to the 1980s Hollywood movie Wall Street, the tale of a corporate raider and his apprentice.
Oliver Stone is to direct the film, slated for a 2010 release. The original movie introduced the world to the mantra: "Greed is good", a phrase used by Gordon Gekko, played by Michael Douglas, the ruthless businessman whose rise and fall came to symbolise Eighties excess.
A sequel to Stone's 1987 original has long been on the cards, but the meltdown of the world's financial markets has given the scriptwriters a wealth of source material, according to a report in the UK's Telegraph.
"We need to keep the storyline under wraps, but it's literally ripped from today's headlines," a spokesman for the movie studio, 20th Century Fox told the paper.
Wall Street 2 will go into production this summer and is scheduled for release in 2010 with Dubai, New York and London featuring as locations, the paper reported.
Douglas won an Oscar for his performance as Gekko, whose declaration that "lunch is for wimps" became a catchphrase for City boys.
The last film ended with Gekko facing prison for insider trading, but the sequel finds him back in business two decades on.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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