Hedge Funds Get Star Treatment In Planned Pacino Movie

Nov 4 2010 | 7:58am ET

The hedge fund industry was bumped from a starring role—albeit a villainous one—in this year’s sequel to “Wall Street” but will make it to the silver screen next year in the form of Al Pacino.

The Academy Award-winner will star in “Arbitrage” as a hedge fund manager desperate to sell his firm to a major bank before his fraud can be uncovered, according to Variety. But things go wrong in “unexpected, bloody” ways, the Hollywood paper of record reports, forcing Pacino’s character to seek help from an unlikely source.

Starring opposite Pacino will be Eva Green and Susan Sarandon.

Filming of the movie, which is written and directed by Nicholas Jarecki, will begin in New York in the spring. It will be Jarecki’s first full-length non-documentary film.

A hedge fund manager was set to play a key role in “Wall Street: Money Never Sleeps” as the evil boss of the legendary Gordon Gekko’s would-be son-in-law. But the role, played by Josh Brolin, was changed by director Oliver stone at the urging of Kynikos Associates head James Chanos and economist Nouriel Roubini.

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