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Jon Favreau Joins Martin Scorsese's THE WOLF OF WALL STREET

As Jon Favreau is prepping to direct that big screen adaption of the Broadway musical hit Jersey Boys, he's joined the cast of Martin Scorsese's next film project The Wolf of Wall Street. Favreau will join Leonardo DiCaprio, Jon Bernthal, Jonah Hill and Kyle Chandler

The movie is based on the memoir by Jordan Belfort. DiCaprio plays Belfort, "who experiences a dramatic rise on Wall Street, and gets lost in the drugs and other excess of a hard partying lifestyle that comes hand in hand with all that money. His downfall is precipitous, and he spent 22 months in jail before straightening out his life." Chandler will play FBI agent Coleman, "who built the case against Belfort and took him down." Hill will take on the role of Belfort’s close friend and business partner who’s "persuaded by Belfort to quit his job in the furniture business to jump into the volatile world of stocks." Favreau will play a securities lawyer. He will make this movie before he jumps into production on Jersey Boys.

It's always awesome to see Favreau get in front of the camera! It's also cool that he's working with Scorsese. 

Here's the full description of the book:

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 turnedmicrocap 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…

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