ENTERTAINMENT
07/03/2009 05:12 am ET | Updated May 25, 2011

Wall Street 2: Hedge Fund Is Villain, Shia LaBeouf To Join Michael Douglas

I'm told that screenwriter Allan Loeb (21, Things We Lost In The Fire) will hand in his second draft of the long-awaited Wall Street 2 to 20th Century Fox later this week. (Although the great Stanley Weiser and his film school pal Oliver Stone were credited as writers of the original pic, Stephen Schiff was first to script the sequel.) I heard Loeb's first draft was "so great" that Stone didn't feel the need to touch it -- yet. But no one expects the director to keep hands off on the second draft since principal photography starts on August 10th. The film's release is now planned for February 2010.

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