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Michael Douglas' Ex-Wife Wants 'Wall Street' Cash

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Mar. 18 2011, Published 4:00 a.m. ET

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Michael Douglas' ex-wife wants a bigger piece of the pie. And by that we mean dough. As in cold, hard cash! Despite receiving $45 million in her 2000 divorce, Diandra Douglas is going after Michael's money after investing and ultimately losing in Bernie Madoff's Ponzi scheme and using Kenneth Starr as her business manager.

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In Harper's Bazaar (via The New York Post), Diandra explained, "Because of the type of human being I aspire to be, if Starr & Company hadn't happened and Madoff hadn't, and if a lot of other things hadn't happened, to tell you the honest truth, I really believe I would have walked away."

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Before the diagnosis of Michael's throat cancer, last June Diandra filed court papers indicating she was entitled to his earnings from Wall Street: Money Never Sleeps. "I am not into going after sick people for things that don't belong to me," she said.

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After the diagnosis was announced, Diandra called Michael to say that she was "terribly sorry he was ill" and he hung up on her! Although one of his attorneys told the magazine Michael didn't recall hanging up on his ex, the attorney notes, "He might have addressed her in an abrupt manner."

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Fast forward to December: A NYC judge tossed the claim to the sunny state of California, saying any battle needs to be waged there, not New York. Considering Michael's cancer is now in remission, Diandra is going after his money to pursue the case on the west coast. "One cannot live one's life based on the court of public opinion," she said.

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