Martin Scorsese and Leonardo DiCaprio Back on for THE WOLF OF WALL STREET ; Shooting Begins in August

     March 15, 2012


Martin Scorsese is back on to reunite with Leonardo DiCaprio for a fifth time, and will collaborate on the drama The Wolf of Wall Street.  A little over a year ago, we reported that the two were set to make the film and have it be Scorsese’s follow up to Hugo, but Scorsese dropped off the project in May.   Now Deadline reports that Scorsese is back on board, and shooting is set to begin in August in New York.  The story is based on “Jordan Belfort‘s memoir of his days as a hard partying, drug addicted stockbroker who was indicted in 1998 for security fraud and money laundering and served a 22-month federal prison stretch.”  Boardwalk Empire creator Terrence Winter wrote the script, and he’ll polish it up before the movie goes into production.

Hit the jump for more.

the_wolf_of_wall_street_jordan_belfort_book_coverObviously, the story hits the zeitgeist of Wall Street’s continued cultured of excess, and how it has continued unchecked.  I eagerly await comments from morons who decry that Scorsese and DiCaprio are rich and therefore hypocrites because rich people can’t criticize other rich people for being rich.  This argument misses the point, which is that there’s nothing wrong with being rich; there’s something wrong with getting rich by swindling others and reveling in such behavior.

Scorsese’s move to The Wolf of Wall Street continues to make Silence the red-headed step-child of the Oscar-winning director’s slate.  Silence, which is about the persecution of Jesuit priests in 17th century Japan, has long been on the director’s wish list of movies, and in December we reported that it looked like the project was finally a go.  But for whatever reason—possibly financing, casting, and/or needing more time to work on the screenplay, just to name a few—Silence has been once again been pushed to the back-burner.

Here’s the synopsis for Jordan Belfort’s The Wolf of Wall Street:

By day he made thousands of dollars a minute. By night he spent it as fast as he could, on drugs, sex, and international globe-trotting. From the binge that sank a 170-foot motor yacht, crashed a Gulfstream jet, and ran up a $700,000 hotel tab, to the wife and kids who waited for him at home, and the fast-talking, hard-partying young stockbrokers who called him king and did his bidding, here, in his own inimitable words, is the story of the ill-fated genius they called…

In the 1990s Jordan Belfort, former kingpin of the notorious investment firm Stratton Oakmont, became one of the most infamous names in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of the canyons of Wall Street and into a massive office on Long Island. Now, in this astounding and hilarious tell-all autobiography, Belfort narrates a story of greed, power, and excess no one could invent.
Reputedly the prototype for the film Boiler Room, Stratton Oakmont turned microcap investing into a wickedly lucrative game as Belfort’s hyped-up, coked-out brokers browbeat clients into stock buys that were guaranteed to earn obscene profits–for the house. But an insatiable appetite for debauchery, questionable tactics, and a fateful partnership with a breakout shoe designer named Steve Madden would land Belfort on both sides of the law and into a harrowing darkness all his own.

From the stormy relationship Belfort shared with his model-wife as they ran a madcap household that included two young children, a full-time staff of twenty-two, a pair of bodyguards, and hidden cameras everywhere—even as the SEC and FBI zeroed in on them—to the unbridled hedonism of his office life, here is the extraordinary story of an ordinary guy who went from hustling Italian ices at sixteen to making hundreds of millions. Until it all came crashing down…

Around The Web
  • Kimian

    Leo and Scorsese back is great !!!!

  • Jackie

    this is so disappointing. Silence would of been Scorsese’s best film since Goodfellas. I have no problem with Scorsese/DiCaprio re teaming or anything, but from what I’ve read the book isn’t even that good. Silence will never get made, neither will The Irishman… = (

  • Will

    Is this some ploy for another Oscar? BOOO!

    WE WANT SILENCE!!! Scorsese is nearing 70. If he dies without making Silence, that would be an all out tragedy.

  • Ali Borovik

    The book is supposed to be bad. But good movies have come from poorly reviewed books before. If they pay attention to everything in this guy’s life the reviews on Amazon find lacking, and make the honest portrait he didn’t have the balls to write, it could be a relevant portrait of a love affair with absolute greed.

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  • Mo

    If only it was Scorsese circa 1990 doing this.

  • potterboy

    it’s sad, but Scorsese is not getting younger(i’m not saying he’s getting bad in filmmaking, it’s just how many more films can he make before he leave this planet)

    SILENCE! SILENCE! SILENCE! why the heck would no one finance it?! he did 3 studio movies already. The Departed, Shutter Island, and HUGO. and all of them he treated as his pet project and made great films out of them. i thought it was 3 for them 1 for me. BUT SILENCE, SILENCE was being discussed way back in 2001. oh well. at least one of the best actor/director collaboration is back.

  • potterboy

    could it be because of DDL just finishing LINCOLN? and he wants to wait? but Scorsese is a one movie at a time guy(not counting docus he does). he’s not like Spielberg who’ll shoot another movie while another one is in post production. and he’s a LONGGGGG shooter, and a LONGGGGGG post guy. when he makes a movie, even if it’s not a summer big budget action, he takes atleast two years to make. oh well. SILENCE 2015? THE IRISHMAN 2017? SINATRA 2020?

  • Reid

    How come at the end of that synopsis I pictured a tweaked-out henry hill racing around, looking for choppers in the sky? This feels like a story, or at least an arc, that Scorsese has already turned into a masterpiece. And it’s almost too easy to say Wall Street = Gangsters…

    I think these guys will knock it out of the park, but I’d be more interested in them giving us something we haven’t already kinda seen.

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  • Darlink

    Even if the movie is critical of this thug created from federal deregulation, it still elevates his unrepentant ego as a reverse Robin Hood. I doubt you’re going to see the downside of what happened to the victims Belfort bilked in Scorsese’s film. The only market for this bio is the 1 Percent or wannabe 1 Percent who don’t see Belfort as the criminal he is as movies become a luxury item because of people like Belfort raping the world economy into a survival of the richest struggle. Look, Oliver Stone bombed out with his Wall Street sequel during these tough times.

  • Roy

    Scorsese is just craving to make a hard-core R rated film….he needs to catch up from what he missed out on Hugo lol

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  • Chewy

    I don’t want them to work together anymore. Their work is boring & like somebody else here said, predicatable. They haven’t come up with any masterpieces together. The Departed was a remake of Infernal Affairs-the Chinese thriller. And frankly, both these two are way over-rated. Why 10,000 biographies of boring people???

    • Kev

      Who cares what YOU want! Their work is far from boring and if it wasn’t for DiCaprio no one would be watching it. Newsflash! DeNiro is in his seventies. The Departed was a different take on the Chinese film and each and every Movie DiCaprio has made for him has been more successful than the last one. Overrated according to who? You? What a Joke. Why biographies of boring people? Because they aren’t boring. Idiot.

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