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The Thelma & Louise actress will play the mother of Shia LaBeouf's character, a young broker who gets taken under the wing of Michael Douglas's Gordon Gekko.
Frank Langella and Carey Mulligan are also on board to star in the picture, with Josh Brolin in talks to take on the villain role.
Director Oliver Stone is returning to helm the sequel, 22 years after making the original financial drama, from a script by Allan Loeb.
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