James Woods and Paul Giamatti are set to star in the HBO telepic Too Big to Fail, about the Wall Street meltdown, according to Variety.

James Woods will play Lehman Brothers CEO Dick Fuld. Paul Giamatti will play Federal Reserve chairman Ben Bernanke and Edward Asner will portray Warren Buffett.

Directed by Curtis Hanson, the telepic offers an intimate look at the financial crisis of 2008 and the group of powerbrokers who decided the fate of the world's economy in a matter of a few weeks.

The TV film will mostly revolve around the work of President George W. Bush's Treasury Secretary Henry Paulson, played by William Hurt.

Other additions include Billy Crudup as Barack Obama administration Treasury Secretary Timothy Geithner, Dan Hedaya as Massachusetts congressman Barney Frank, Tony Shalhoub as Morgan Stanley topper John Mack and Kathy Baker as Henry Paulson's wife, Wendy.

Topher Grace, Cynthia Nixon, Michael O'Keefe and Joey Slotnick have supporting roles.

Breaking Bad writer Peter Gould penned the script adapted from Andrew Ross Sorkin's book "Too Big to Fail."

Too Big to Fail is set to begin production in New York over the next two weeks, and will air in 2011.