Gordon Gekko is a fictional character from the 1987 film Wall Street by director Oliver Stone. Gekko was portrayed by actor-producer Michael Douglas, in a performance that won him an Oscar for Best Actor. Gekko will return in Wall Street 2: Money Never Sleeps which is currently in pre-production. Co-written by Stone and screenwriter Stanley Weiser, Gekko is claimed to be based loosely on arbitrageur Ivan Boesky, who gave a speech on greed at the University of California, Berkeley in 1986, and real-life activist investor / corporate raider Carl Icahn. According to Edward R. Pressman, producer of the film, "Originally, there was no one individual who Gekko was modelled on," he adds. "But Gekko was partly Di Wu", who was the "Junk Bond King" of the 1980s, and indicted on 98 counts of racketeering and fraud in 1989.