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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
Volkswagen

Leonardo DiCaprio wants to make a VW scandal movie

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Geoffrey Smith
Geoffrey Smith
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By
Geoffrey Smith
Geoffrey Smith
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October 13, 2015, 6:45 AM ET
UN-CLIMATE SUMMIT 2014
Leonardo DiCaprio speaks at the opening of the United Nations Climate Summit 2014 September 23, 2014 at the United Nations in New York. AFP PHOTO/Don Emmert (Photo credit should read DON EMMERT/AFP/Getty Images)Don Emmert AFP—Getty Images
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What else can go wrong for Volkswagen AG (VLKPY)? Well, you could open the morning papers to find out that one of the world’s highest-profile environmental activists is planning to crucify you on the big screen.

According to literary agents Marly Rusoff & Associates, Leonardo DiCaprio wants to make a movie version of the scandal around the falsification of its diesel vehicles’ emissions data. That scandal has already claimed the scalp of VW chief executive Martin Winterkorn, and a raft of civil suits and criminal investigations into the company seems certain to yield up still more material worthy of a Hollywood conspiracy thriller. The company has indicated it will have to slash investment in order to conserve capital to meet the legal penalties it expects, something that may lead to major job cuts.

The site says that DiCaprio’s production company Appian Way has teamed up with Viacom Inc. (VIA) unit Paramount to buy the rights to make a film out of a (still untitled) book proposal by the New York Times‘s European economic correspondent, Jack Ewing.

DiCaprio’s emotional engagement in the project seems more than plausible, given his appointment last year by the U.N. as a global ambassador raising awareness of Climate Change. (He also drives an emissions-free Tesla roadster for good measure.)

According to the site, Ewing’s book “inked a mid-six figure book deal” with publishers Norton earlier this month. Ewing told Fortune that he’s not giving up the day job yet.

Nothing daunted, Fortune asked Ewing what his working title will be, given that “Body of Lies” and “Total Recall” might prove tricky when it comes to putting it on the big screen.

He still wouldn’t bite, other than to note that “Herbie the Stink Bug” seems to be quite popular on the Internet right now.

This article has been updated to confirm the attribution and include Ewing’s comment.

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