Michael Lewis, Sony Reportedly Teaming Up For “Flash Boys” Movie

Michael Lewis, Sony Reportedly Teaming Up For “Flash Boys” Movie

As the Wall Street lobby and their surrogates fight the HFT media war with a strategy that says “there is no story here, not a big deal,” comes news that the Michael Lewis book Flash Boys is close to being snapped up by Sony Pictures to transform the page-turner into a major motion picture.

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Quick pick up from Sony Pictures

The fact that Flash Boys was picked up by a major Hollywood studio just a few days after the book’s release is stunning and a testament to the absolute wildfire of buzz the book created. The news was first reported in The Hollywood Reporter. Lewis’ previous book on Wall Street, The Big Short, which detailed the underlying cause of the 2008 market implosion, was picked up as a movie four years after the book was published.

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The movie will be produced by Scott Rudin and Eli Bush.  New York City native Rudin is particularly well known in financial circles for his growing interest in tackling Wall Street issues that can transfer to a wider audience. Rudin is one of the few producers to have accomplished the grand slam of artistic awards, winning an Emmy, Grammy, Oscar and Tony.  Rudin teams up with Tony award winner Bush, another New Yorker with the goal of translating populist Wall Street themes into compelling movies.

Barney Frank say’s Lewis book influenced him

Lewis’ book The Big Short had a similar impact on a political discussion, with former Congressman Barney Frank, namesake for the Dodd-Frank financial regulation bill, noting that Lewis’ book influenced his thoughts on the financial crisis.  Published in 2010, the book about the 2008 financial crisis is being developed at Paramount.  The studio was said to have its arm twisted by Brad Pitt and his Plan B production company, who is working on the film.  Pitt appeared in another successful Lewis book, MoneyballLewis is represented by the legendary CAA artist agency.

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Mark Melin is an alternative investment practitioner whose specialty is recognizing a trading program’s strategy and mapping it to a market environment and performance driver. He provides analysis of managed futures investment performance and commentary regarding related managed futures market environment. A portfolio and industry consultant, he was an adjunct instructor in managed futures at Northwestern University / Chicago and has written or edited three books, including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008). Mark was director of the managed futures division at Alaron Trading until they were acquired by Peregrine Financial Group in 2009, where he was a registered associated person (National Futures Association NFA ID#: 0348336). Mark has also worked as a Commodity Trading Advisor himself, trading a short volatility options portfolio across the yield curve, and was an independent consultant to various broker dealers and futures exchanges, including OneChicago, the single stock futures exchange, and the Chicago Board of Trade. He is also Editor, Opalesque Futures Intelligence and Editor, Opalesque Futures Strategies. - Contact: Mmelin(at)valuewalk.com
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