Marking a shift from comedy to drama, "Anchorman" co-writer
Paramount is producing the film with Plan B,
McKay is best known as a comedy filmmaker and
In a statement, McKay said he was attracted to the "breathless quality" of Lewis' 2010 book, which follows a few savvy investors who saw the subprime mortgage crisis coming and placed bets on the coming collapse.
McKay also said Lewis "has the amazing ability to take complex formulas and concepts and turn them into page turners."
Two of Lewis' previous books,