Saturday, May 23, 2009

Michael Moore's latest documentary on Wall St. downfall out Oct. 2

Overture, Paramount International distributing

By Steven Zeitchik / Hollywood Reporter

CANNES -- Michael Moore's movie about the economic fall will unspool during the fall boxoffice.

Overture and Paramount Vantage said Thursday the still-untitled documentary about the collapse of the world economy will bow domestically on Oct. 2. That's almost a year to the day that Congress passed the first U.S. economic stimulus package, officials noted.

The companies also provided more details about the film, announced at last year's Festival de Cannes. The pic will examine the "root causes of the economic meltdown," they said, as well as the "corporate and political shenanigans" that resulted in the financial crisis.

"The wealthy, at some point, decided they didn't have enough wealth," Moore said in a statement. "So they systematically set out to fleece the American people."

Overture CEO Chris McGurk and COO Danny Rosett dubbed the film's topic one that "everyone can relate to."

Paramount Film Group president John Lesher promised "dynamic insights into the state of the global economy."

Overture will distribute the film domestically. Vantage will handle it abroad through Paramount International.

Moore's most recent film was the 2007 health-care expose "Sicko."

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