Adam McKay Getting Serious with 'The Big Short' Wall Street Drama
While director Adam McKay has been no stranger to taking shots at corrupt investment bankers in The Other Guys, and along with 24-hour news networks like Fox News and CNN in Anchorman 2: The Legend Continues, a new project will see the comedy director going for the gold with his first drama. The Wrap has word that Paramount Pictures has hired McKay to write and director an adaptation of The Big Short, a non-fiction book from Moneyball author Michael Lewis about the most recent collapse of the financial industry, focusing on the unregulated bond and real estate derivative markets and the traders behind them.
Here's the official synopsis of the best-selling book:
The real story of the crash began in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower--and middle--class Americans who can't pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking.
Brad Pitt's Plan B production banner, fresh off their Best Picture win for producing 12 Years a Slave is behind the project, and their collaboration with McKay is certainly surprising. McKay made a brief statement on the project saying, "Michael Lewis has the amazing ability to take complex formulas and concepts and turn them into page turners. Plan B and I connected over that breathless quality the book has. Very excited to jump into this.” McKay hasn't been shy about his political views and disdain for the corruption in the financial world, so this should be a pretty scathing look at our economic meltdown.