Wall Street: Money Never Sleeps (also known as Wall Street 2 or Wall Street 2: Money Never Sleeps) is a 2010 American drama film directed by Oliver Stone, a sequel to Wall Street (1987). It stars Michael Douglas, Shia LaBeouf, Josh Brolin, Carey Mulligan, Frank Langella, Susan Sarandon and Eli Wallach in his final film role.
The film takes place in New York City, 23 years after the original, and revolves around the 2008 financial crisis. Its plot centers on a supposedly reformed Gordon Gekko, played by Douglas, and follows his attempts to repair his relationship with his daughter Winnie (Mulligan), with the help of her fiancé, Jacob Moore (LaBeouf).
Principal photography took place in New York City between September and November 2009. After having its release date moved twice, Money Never Sleeps was released theatrically worldwide on September 24, 2010, by 20th Century Fox. Prior to its official release, many journalists connected to the financial industry were reportedly shown advance screenings of the film.
Despite opening to positive reception at the 2010 Cannes Film Festival, Money Never Sleeps received mixed reviews from critics. Though failing to meet its critical expectations, the film was successful at the box office, topping the United States's ranking during its opening weekend, and earning a worldwide total of $134 million in ticket sales, and more than $15 million on DVD.
Plot
In 2001, former corporate raider Gordon Gekko is released from prison after serving time for insider trading and securities fraud.
By 2008, Gekko has begun promoting his new book Is Greed Good?, warning about a coming economic downturn. His estranged daughter, Winnie, runs a small, non-profit news website and is dating Jacob "Jake" Moore, a top prop trader at Keller Zabel Investments (KZI). Jake, a protégé of KZI managing director Louis Zabel, has been raising money for Dr. Masters and his fusion research project, which might create abundant clean energy. Jake is also financially assisting his mother, Sylvia, who has quit nursing to speculate in residential real estate.
In the early stages of the downturn predicted by Gekko, KZI's stock loses more than half its value. Louis Zabel tries to arrange a bailout for KZI from other Wall Street banks, but is blocked by Bretton James, head of rival firm Churchill Schwartz (Church), which KZI had refused to help during the dot-com bubble years earlier. Despondent, Zabel commits suicide by jumping in front of a subway train. A distraught Jake proposes marriage to Winnie, who accepts.
Jake attends a lecture given by Gekko and introduces himself. Gekko tells him that KZI's collapse started when James spread rumors of KZI having toxic debt. Jake and Gekko arrange a trade: Jake will try to reconcile Winnie's and Gekko's relationship, and Gekko will gather information to destroy James for his actions against KZI and for providing evidence against Gekko years ago. In revenge, Jake illegally manipulates the market by spreading rumors about the nationalization of an oil field in Equatorial Guinea which Church has invested in. The company loses $120 million, but James gives Jake a job, impressed by his initiative. Jake further impresses James when he convinces Chinese investors to invest in the fusion project through Church.
Jake attends a $10,000-a-seat fundraiser with Winnie, buying a seat for Gekko to facilitate a "chance" meeting. Gekko confronts James about what he did to him and to KZI. James replies that no one cares what Gekko thinks anymore. Gekko also bumps into Bud Fox (Charlie Sheen), who, following his release from jail, turned Bluestar Airlines into a huge success, sold it for millions, and retired to play golf and become a philanthropist. Gekko follows Winnie outside, where she explains why she blames him for everything that went wrong, stemming from his affairs and her brother Rudy's suicide. Gekko claims he worked, from prison, to get the best therapists and even paid off a drug dealer to stop selling to Rudy, who died from an overdose. Winnie forgives him.
As the financial crisis accelerates, James and Church's chairman Julius Steinhardt advise federal regulators to buy their multi-billion-dollar subprime loans. As the real estate market collapses, Jake helps out Sylvia with his own money. Shortly after Winnie informs Jake that she is expecting their first child, Jake learns that James is diverting the Chinese investment into underperforming solar panels, which are not a threat to his large position in fossil fuels. Gekko soon informs Jake that James had secretly made huge profits betting against subprime loans yet still accepted the fed's massive bailout.