Financial Entourage

by Johnny Debacle

Prompted by this article about how Entourage creator/producer “Entourage” creator-exec producer Doug Ellin is writing a new show, “a mature version of ‘Entourage’ set on Wall Street”, Mr Juggles sent this email to Kaiser and me.

To: Kaiser and JD
From: Mister Juggles
Subject: we should be writing this

BTW, who are his friends who are making $40-50mm a year on Wall St?
Did he grow up with Stevie Cohen?

“Entourage” creator-exec producer Ellin is writing an untitled half-hour he described to Daily Variety as a “mature version of ‘Entourage’ set on Wall Street.” The action revolves around a fortysomething hedge fund trader and his circle of guy pals.

Project is the first to emerge from Ellin’s overall development deal with HBO, which renewed “Entourage” for a fourth season last month.

Ellin will exec produce the pilot with Stephen Levinson. Idea was hatched by the pair after they realized several of their friends from college — “regular, fraternity brother-type guys,” Ellin said — were banking $40 million-$50 million a year on Wall Street.

“They make Vince look like a peasant,” Ellin joked.

I wrote back:

I don’t find it very believable that they have mulitple college friends banking $40-50mm on “Wall Street”. What are they, “Stock brokers” or “business men”? Maybe they are “executives”.

Does anyone even have multiple friends from college who are pulling $10mm per year before 30?? How many people in finance total are pulling $40-50mm per year? Why go this route when they could get actually get some authenticity with the already scripted Murray’s Hill 101 Pilot.

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  1. MTT
    October 16th, 2006 | 12:51 pm

    If this is true, I’m going short the market the day it premieres. Anyone remember “The $treet”?

  2. Mr Juggles
    October 16th, 2006 | 2:56 pm

    I can only suspect it will be brutal. Has there ever been a non-brutal show on finance?

  3. Ken
    October 17th, 2006 | 3:17 am

    I personally love the show Entourage. As I watch the show I watch Vinny spend away all his money. His account says he can only spend $1.2m on a house, he goes and spends $5m. He ends up having to do a movie to pay for the house.

    I wonder if this new show will be more responsible with money or if these guys will blow it all on cars, women, booze and drugs. 🙂

  4. IcarusByNight
    March 2nd, 2007 | 12:54 am

    Hey, maybe the show will have a very realistic spin to it. Hedge fund billionaires that don’t pay their ex-wives the miniscule child-support they owe them, how they abuse their spouses, children and just about everyone they come in contact with. How they suck the last drop of blood out of every exchange and how there’s no such thing as a prolongued streak of luck without help of a seedier nature. Inside information, naked shorts, past legal transgressions.Just imagine, he’s living the golden life then – boom, he’s in jail. I think the show will be a real hit if they just stick to the truth.