When I first read the Variety headline “Fox heads back to ‘Street’” I immediately thought we were getting another round of 21 Jump Street episodes. Oddly I wasn’t completely off. Instead it looks like another 1987 hit may be returning, “Wall Street”, with Gordon Gekko, skillfully played by Michael Douglas, following right along.

[Twentieth Century Fox] Studio is launching development of a sequel to Oliver Stone’s 1987 drama as a potential starring vehicle for Michael Douglas, who won an actor Oscar for his role as cold-hearted takeover artist Gordon Gekko.

Fox has signed deals with Edward Pressman, who produced the original, and writer Stephen Schiff to pen an updated version of a look into the underside of the financial world. Project is titled “Money Never Sleeps,” but Stone’s not involved as a writer or director.

I’m not totally against a sequel to the great original, and having the original producer and writer along for the ride is a great start. But if you don’t land Oliver Stone (not surprised that he’s not interested) and Michael Douglas is questionable, then why bother trying to spin this as a sequel? Oh yeah, $$$, that’s why.