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'Wall Street' Sequel Likely

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As Wall Street continues to capture headlines due to market volatility, 20th Century Fox is moving forward with a "Wall Street" sequel, reports Variety.

Allan Loeb ("21") has been tapped to pen the screenplay, which is being fast-tracked by the studio as a Michael Douglas starrer, though the actor is not formally attached.

The modern-day story will again center on Gordon Gekko, who has recently been sprung from prison and re-emerges into a much more tumultuous financial world than the one he once lorded over. The Bud Fox character, played by Charlie Sheen in the original, will not appear in the latest incarnation.

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