Recently paroled from prison, legendary burglar "Doc" Riedenschneider, with funding from Alonzo Emmerich, a crooked lawyer, gathers a small group of veteran criminals together in the Midwest for a big jewel heist.

A former reporter comes back home after serving in the army during World War I and finds that it's much more difficult to find work than he expected. Desperate, one day he crashes a wedding attended by many of the city's rich and powerful, meets a beautiful girl named Kay who turns out to be his ticket to meeting those rich and powerful people, and he soon manages to land a job on a newspaper. He gets caught up in the "make money at all costs" game but receives a rude awakening when the stock market crashes in 1929.

After breaking up with her fiancé, a gym teacher returns to work at a women's college, but a legal loophole allows him to enroll as one of her students.