January 20, 2010 / 8:25 AM / 9 years ago

Michael Douglas back as Wall Street's "Gordon Gekko"

LOS ANGELES (Reuters Life!) - Actor Michael Douglas is back as financial tycoon Gordon Gekko with money on his mind at a time when Wall Street is dusting itself off after the worst financial crisis in decades.

Douglas, 65, is returning to the designer shoes of the character renowned for the motto “greed is good” more than 20 years after winning a best actor Oscar for playing Gekko in the 1987 movie “Wall Street.”

Film studio 20th Century Fox, a unit of News Corp, said on Tuesday that the new Oliver Stone movie, titled “Wall Street: Money Never Sleeps,” is scheduled for release this spring.

“Emerging from a lengthy prison stint, Gekko finds himself on the outside of a world he once dominated,” said a statement from 20th Century Fox.

“Looking to repair his damaged relationship with his daughter, Gekko forms an alliance with her fiance Jacob (Shia LaBeouf), and Jacob begins to see him as a father figure. But Jacob learns the hard way that Gekko - still a master manipulator and player - is after something very different from redemption.”

The cast also includes Josh Brolin, Carey Mulligan, Susan Sarandon and Frank Langella.

Writing by Belinda Goldsmith, Editing by Miral Fahmy

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