Shia LaBeouf is ready to take on Wall Street. After more than a month of talks, the actor has officially signed on to star in Money Never Sleeps, the follow-up film to the 1987 hit Wall Street, the Associated Press reports.

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The Transformers star will appear alongside Michael Douglas, who won an Academy Award for his role in the original. Filming begins in August, and LaBeouf has said he imagines it will feel like taking a college course in finance, a topic he admitted to having "no concept" of as an actor.

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"I don't know what ... a credit derivative is," he said. "I have no idea. I don't know what a CPO is. IPB. LVC. You gotta know ticker names." The movie, directed by Oliver Stone, will be "a walk-and-talk money movie" that's "wordy and heady," he says.

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In April, Douglas said that given the current economic crisis, it was even more timely to make the sequel. "It will be really fun, and it's a perfect time," he said.

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