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The film star Frances Dee as Elaine Talbert, is a decadent young heiress who will do anything for a quick thrill. Her ongoing search for a man who will "take charge" of her, Talbert goes on a shoplifting spree and gets mixed up with crooked bail-bondsman Bill Bailey, who is nothing more than a legal extortionist.

She is also sucked into the netherworld of penny-ante crook Drury Darling (Chick Chandler) and his wife, black-widow nightclub queen Ruby Darling (Judith Anderson, in her film debut).

The climax, involving a booby-trapped billiard ball, is a tenser variation of a famous sequence from Keaton's Sherlock Jr. and the film's now-legendary final scene, which proves beyond a doubt that Talbert has learned nothing from her perilous experiences.

Special Notes: Lucille Ball has a bit part in this film as Drury Darling's girlfriend who appears at the racetrack.