Wall Street: Money Never Sleeps (2010)
Oliver Stone’s original Wall Street, that seminal film about finance in the crazy 80s, remains the definitive main-stream Hollywood film on Wall Street, and gave aspiring investment bankers a real “role model” in Gordon Gecko. So it’s not surprising that 20 years later, when the world has gone through another financial crisis (and a much more severe one than the 87 stock crash), Oliver Stone and Michael Douglas pair up again to show Gordon Gecko’s second act. Unfortunately, the end result is a muddled effort, and in the words of my friend, a film that “never really took off”.
Part of the problem is the richness of material available. I myself have read two very interesting books on the 08 financial crisis, Too Big to Fail and The Big Short. These two books tell two sides of the same story – the former focuses on the deal-making and desperate negotiations during the eventful summer of 08; the latter focuses on the wise few who bet against the insanity of the market and won big, though philosophically they are also to blame for aggravating the situation. You can see glimpses of these books in Money Never Sleeps – especially two deal-brokering scenes at the New York Fed, which are essentially not-so-subtle references to the similar events around Lehman Brothers and later, AIG. But these snippets, while interesting, does not really tie together with the film’s main plot, and looks out of place – the film-makers are making explicit social commentary at the expense of the story, and the commentary is not really anything new. And then there’s the random clean-tech plot elements, which also are distracting and act as cheap plot devices (the central goal of Shia LaBeouf’s character, Moore, is to get $100MM funding for a nuclear fusion startup, and that’s what motivates the character).
What (almost) gets the film going is that Michael Douglas still commands the screen as Gordon Gecko. To some extent, Gecko twenty years later is even more fearsome than the powerful corporate raider he was in the 80s. He has lost most of what he had, and that makes him hungrier to claim it all back; and the years have just made him even more shrewd and cunning. But the allure of this character alone is not enough to rescue the whole film.
There are several references to the original film, starting from the same font used in the opening credits, to Charlie Sheen’s cameo (besides a few other original cast members’ cameos), to the same end-credit song. While there is nothing wrong per se with paying homage to the first film, to me they only felt as stark reminders of the difference in quality in the two films. The script is simply not at par, and often dissolves into disjoint populist diatribes at Wall Street greed; and the characters are really dumbed down – the one-dimensional good banker Zabel, who is Moore’s mentor and committed suicide when he couldn’t rescue his firm, is particularly unrealistic.
In sum – the plot is a botched product, and there’s little intelligent material in this unworthy sequel; Michael Douglas still shines, but the film only has some novelty value to fans of the original.
5/10
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