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Harry Bogen is an ambitious, unscrupulous young businessman in the 1930s New York City garment industry. He will stop at nothing to get to the top; he lies to his mother and his long-suffering girlfriend, Ruthie Rivkin. They try to help him become a better person, but Harry embezzles company funds and betrays his friends and partners. Harry leaves Ruthie for Martha Mills, a gold-digging dancer as tough and hard as the diamonds Harry rewards her with. But Harry goes bankrupt and loses his fair-weather friends. Only his mother and Ruthie stand by him, but a surprising ally re-emerges from the past.
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