At last year's Cannes, Paramount Vantage and Overture Films made the announcement that they were backing Michael Moore's follow-up to 2007's Sicko. (Here's my video interview.) Overture execs Chris McGurk and Danny Rosett had worked with Moore when they released Bowling for Columbine at MGM/United Artists. (They're sharing a nice slice of the gross with Moore.) While the doc's still untitled, it now has a release date, October 2, and comes out twenty years after Roger and Me, another doc recounting the perils of capitalism run amuck. The opening will be a year and a day after the Wall Street $700 billion bailout. According to a press release, Moore's film:
...will explore the root causes of the global economic meltdown and take a comical look at the corporate and political shenanigans that culminated in what Moore has described as ‚Äúthe biggest robbery in the history of this country‚Äù ‚Äì the massive transfer of U.S. taxpayer money to private financial institutions.
Here's Moore's statement:
"The wealthy, at some point, decided they didn't have enough wealth. They wanted more -- a lot more. So they systematically set about to fleece the American people out of their hard-earned money. Now, why would they do this? That is what I seek to discover in this movie."