Look out, Wall Street: Oliver Stone is back.

“I thought it was a bubble that was over,” Mr. Stone said of the 1980s. “I thought those days were going to come to an end. The excess.”

Despite his own years of hard living and a peripatetic existence — he would be heading to Venice in a few days — Mr. Stone looked refreshed and, at 62, surprisingly young. His original film was a morality tale about greed and unvarnished ambition, and Mr. Stone’s own views on the excesses of capitalism were obvious. But the film and its famous lines — “Greed is good,” “Money never sleeps” — have had a cultural endurance that he never expected, and perhaps never desired.

Mr. Douglas will reprise his role as Gekko, who when last seen by the movie-watching public was headed toward prison for insider trading.

“When Gekko comes out of prison in the beginning of this movie, he essentially has to redefine himself, redefine his character,” Mr. Stone said. “He’s looking for that second chance.”

The rest of the cast includes Shia LaBeouf as Jake Moore, a young trader who is the fiancé of Gekko’s daughter, played by Carey Mulligan; Josh Brolin as the head of an investment bank; Frank Langella as Jake’s mentor; and Susan Sarandon as Jake’s mother. Charlie Sheen, who played the central role of Bud Fox, a young trader, in the original, will make a cameo in the sequel. Shooting for the film, which will be released by 20th Century Fox next April, begins this week in New York.

A script for a sequel had been circulating for years, but last year, amid the financial crisis, 20th Century Fox hired the writer Allan Loeb to rewrite the screenplay and tether the story to current events.

“We sort of started over with the story of a young man who is at the center of it, and how he needs Gordon Gekko’s help to navigate those waters,” said Alex Young, co-president of production at 20th Century Fox.Full story and interview with Oliver Stone at the NY Times here