Greed not so good, says FBI spokesman Douglas

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Michael Douglas arrives at the Vanity Fair Oscar party on Sunday, Feb. 26, 2012, in West Hollywood, Calif. (AP Photo/Evan Agostini)

Twenty-five years after corrupt Wall Street highflier Gordon Gekko declared greed is “good” on the big screen, the actor who played him is revising the role to assist the FBI.

Michael Douglas is featured in a public service announcement for the bureau, asking the public to report securities fraud and other white-collar offenses to the FBI.

“I played a greedy corporate executive who cheated to profit while innocent investors lost their savings,” Douglas says in the ad, referring to the popular film, Wall Street.

“The movie was fiction, but the problem is real,” he says.

The FBI said the ad would be distributed to 15 cities, including Chicago.

Gannett News Service

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