Fox heads back to 'Street'
Studio puts stock in 'Money'
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Studio's launching development of a sequel to Oliver Stone's 1987 drama as a potential starring vehicle for Michael Douglas, who won an actor Oscar for his role as cold-hearted takeover artist Gordon Gekko.
Fox has signed deals with Edward Pressman, who produced the original, and writer Stephen Schiff to pen an updated version of a look into the underside of the financial world. Project is titled "Money Never Sleeps," but Stone's not involved as a writer or director.
Stone's screenplay, written with Stanley Weiser, and Douglas' performance captured for many the essence of the win-at-all-costs culture of the 1980s. Script features such nuggets as "greed is good," "lunch is for wimps" and "if you need a friend, get a dog."
Pressman was a producer on "Amazing Grace" and an exec producer on "Thank You for Smoking."
