Being a movie critic sometimes means having to go back and watch older films to prepare for new ones. If something is being remade, it’s my duty to watch the original first. The same rule applies to sequels. In some cases, it doesn’t really matter, but in others, it is absolutely crucial to be up to date on the story. Such is the case with Wall Street. Having just watched it only 24 hours before the sequel entitled Wall Street: Money Never Sleeps, I believe I appreciate it more than I would have had I not. Although outdated, that 1987 drama was solid and entertaining. The modern sequel is pretty much the same.
The movie begins with Gordon Gekko (Michael Douglas) getting out of jail after serving eight years in a federal prison. He has lost everything: his money, his family and his friends. Flash forward seven years and we meet Jake Moore (Shia LaBeouf), a “Wall Street guy” that is in a relationship with Gekko’s daughter, Winnie (Carey Mulligan), despite her hatred brought on by her father for anything associated with Wall Street. After the death of Jake’s mentor and friend, he meets and begins a casual relationship with Gekko, much to Winnie's disapproval, vowing to take revenge on Bretton James (Josh Brolin), his hedge fund manager that he suspects led his mentor to suicide.
I’m not a business man and I don’t pretend to be. The workings of Wall Street are confusing to me. When to buy, when to sell, what the repercussions are if you’ve invested stock in a company that goes under; all of that boggles my mind. Throw in equity loans, leverage, bailouts, insider training and a scheme to somehow take a multi-billionaire down by making him more money, and my brain begins to hurt.
Fortunately, this movie, nor its predecessor, is too concerned with all of that. The nature of the movie says those things must exist, but the story and messages are easy to decipher. Wall Street: Money Never Sleeps is about greed and how it corrupts individuals into partaking in illegal activities, even if that means hurting those close to them. Within the film, that simple, prevalent theme works.
The problem is that the movie doesn’t go further by relating it to our country now. When asked if their company was going under, Jake’s mentor casually says, “Who isn’t?” At one point, the movie mentions how those laid off by a failing company eventually end up with “no income, no job and no assets.” But those are merely passing statements. It never truly makes a point on how jobs and our economy have been affected by, among other things, corruption on Wall Street.
Given Oliver Stone’s political slant, it comes as surprising that those areas weren’t explored to give the movie a bit more intellectualism, but no matter. The actors, specifically Michael Douglas, do a fine job of keeping our attention. As mentioned, watching Wall Street prior to the sequel boosted my enjoyment, and here’s how. As Roger Ebert pointed out in his review, Gordon Gekko went from being the villain in the original to the hero here. He is shown in a much more sympathetic light and, try as you might, you will come to like and understand the old guy. His life experiences, which include his time in jail, have made him more aware of what really matters in life, telling Jake at one point, “Money is not the prime asset in life. Time is.” He still does some bad things—after all, old habits are hard to break—but he’s a human being this time and, more than anything else in the world, wants to be there for his daughter, though she has rejected him ever since he has been in jail. Walking out of the gates for the first time in eight years, he expects Winnie to be there waiting for him. When she isn’t, sadness sweeps over his face. Watching the evolution of character from one movie to the next was fascinating and Douglas gives a wonderful performance.
Nevertheless, this is still a messy movie. Stone goes overboard with distracting visual excess, including the use of wipes and split screen, and there’s a subplot involving Jake’s mother that fits no logical place in the story and should have been cut. In another 23 years, Wall Street: Money Never Sleeps may be just as outdated as its predecessor—besides, business changes and Wall Street does along with it—but good drama is good no matter what time period and, despite some shortcomings, this movie works.
Wall Street: Money Never Sleeps receives 3/5