DiCaprio producing WB drama about Enron

Robert Schwentke is set to direct “Conspiracy of Fools,” a Warner Bros. drama about the Enron scandal based on the Kurt Eichenwald book.

Sheldon Turner wrote the script, and Appian Way’s Leonardo DiCaprio and Jennifer Davisson are producing.

DiCaprio had been attached to topline when the project was set up in a seven-figure package, but it is unclear whether his busy schedule will still allow him to star.

The drama revolves around a tax attorney who joins the Houston-based energy company and peels back the layers of greed and fraudulent accounting to expose a financial scheme.

“Conspiracy of Fools” is one of three high-profile WB projects with fact-based backdrops.

Studio is developing a drama about outed CIA agent Valerie Plame and her husband Ambassador Joseph Wilson based on her memoir “Fair Game.” While “Jumper” helmer Doug Liman reportedly said he’s planning to direct the film with Nicole Kidman in the lead, he hasn’t yet met with the studio and neither the director nor the star is attached.

WB is developing a drama about poisoned ex-KGB agent Alexander Litvinenko as a Johnny Depp vehicle. The project is in a race against a Litvinenko drama to be directed by Michael Mann at Sony. While those rival projects percolate, Depp and Mann are working together in the Universal Pictures drama “Public Enemies.”

Schwentke just directed “The Time Traveler’s Wife,” the New Line screen adaptation of the Audrey Niffenegger novel.

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