Michael Douglas has a new starring role.
The FBI has enlisted Douglas, an actor famous for his roles in Basic Instinct and Traffic, to encourage Wall Streeters and ordinary Americans to report any suspicious financial activity they may come across. Referencing perhaps his most famous starring role as Gordon Gekko in the 1987 film Wall Street, Douglas gets serious fast.
"The movie was fiction, but the problem is real."
Even though Douglas delivers the line with cheesy after-school special flair, he may be right. Federal prosecution of financial crimes fell to a 20-year low in 2011, according to a November report from a watchdog group.
"Our economy is increasingly dependent on the success and integrity of the financial markets," Douglas says in the PSA. "If a deal looks too good to be true, it probably is."