After the commotion behind the sequel to the Wall Street movie died down after the screening at Cannes; one thing was clear it was not really liked by the audiences out there. But there is still hope for a good Wall Street movie in the pipeline and there is a chance we will get to see Leonardo DiCaprio joining the cast of the film.

But the only blemish to the project is the inclusion of out of form director Ridley Scott. The two of them have already worked together on Body of Lies. But that was like another Syriana but done in an obtuse order of events. Scorsese was initially said to have wanted to direct this film but he is quite busy with his Hugo Cabaret movie.

Scott is also a little busy which is great for the film. So hopefully Leo gets too preoccupied with Clint Eastwood’s movie called Hoover we can expect this not to happen really.

The film is based on a script by Terence Winter and will be adapted from the autobiography of Jordan Belfort. Here is small synopsis of the expected film The Wolf of Wall Street.

Belfort, who founded one of the first and largest chop shop brokerage firms in 1987, was banned from the securities business for life by 1994, and later went to jail for fraud and money-laundering, delivers a memoir that reads like fiction. It covers his decade of success with straightforward accounts of how he worked with managers of obscure companies to acquire large amounts of stock with minimal public disclosure, then pumped up the price and sold it, so he and the insiders made large profits while public investors usually lost. Profits were laundered through purchase of legitimate businesses and cash deposits in Swiss banks. There is only brief mention of Belfort’s life before Wall Street or events since 1997. The book’s main topic is the vast amount of sex, drugs and risky physical behavior Belfort managed to survive. As might be expected in the autobiography of a veteran con man with movie rights already sold, it’s hard to know how much to believe.