Los Angeles - The global financial crisis could mean big bucks for Twentieth Century Fox.

The Hollywood Studio owned by media magnate Rupert Murdoch is pressing ahead with plans for a sequel to the 1980's movie Wall Street in which Michael Douglas played a rapacious financier with the infamous credo "Greed is Good."

According to Variety on Tuesday, Allan Loeb ("21") has been tapped to pen the screenplay, which will be rushed into production. The studio hopes that Douglas will reprise his role as Gordon Gecko, for which he won an Oscar, though the actor is not formally attached.

The sequel, to be called Money Never Sleeps, will center on Gekko as he emerges from prison after serving his sentence for financial crimes, only to discover that the financial world is even more tumultuous than the one he once ruled over.

Edward R. Pressman, who produced the 1987 Oliver Stone-helmed film, is aboard to produce, but there is no word on whether Stone will also join the project. (dpa)