Woody Allen takes on the Bernie Madoff scandal in his coming movie “Blue Jasmine.”

Speakeasy took in a screening of the coming film last night, which [SPOILER ALERT] tells the fictional tale of a high-society wife  (played by Cate Blanchett, who will likely generate early Oscar buzz) and her husband (Alec Baldwin, in a performance that is sure to be talked about). The Baldwin character goes to jail for some crooked financial dealings, leaving Blanchett’s character  to deal with the economic and emotional aftermath.

The couple in the film are fictional, but their situation parallels the Madoff scandal. The film also co-stars Bobby Cannavale, Louis C.K., Andrew Dice Clay, Sally Hawkins, and Peter Sarsgaard. It opens in New York and Los Angeles on July 26, 2013.

Madoff admitted in March 2009 to running a vast, decades-long Ponzi scheme and is currently serving 150 years in federal prison in North Carolina. Read More »