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DiCaprio Said to Star in New Enron Flick

CNNMoney,

Posted: 2007-02-13 14:21:29

NEW YORK (Feb. 13) -- Film star Leonardo DiCaprio is slated to both star and produce a new film on the collapse of the energy giant Enron, according to a recent report.

Talk About It: Post Thoughts | DiCaprio's Filmography

Warner Bros. made the deal for the film last week, Variety reported late Tuesday evening, which would most likely be based on "Conspiracy of Fools", a book chronicling the scandal, written by New York Times reporter Kurt Eichenwald.

The Oscar-nominated actor will play a newcomer who exposes the accounting fraud at the Houston-based firm, Variety reported.

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Enron filed for bankruptcy in December 2001 after investigators found it had used partnerships to conceal more than $1 billion in debt and inflate profits. Enron's downfall cost 4,000 employees their jobs and many of them their life savings, and led to billions of dollars of losses for investors.

Both Warner Bros. and CNNMoney.com are both owned by Time Warner.

2007-02-13 13:55:29