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To keep his social-climbing wife and daughters in the lifestyle they are accustomed to, wealthy John Hunter makes some large investments in the stock market, but the stocks crash and he loses a great deal of money. When he discovers that his son-in-law Dick Sterling has lost $3 million making investments in his name, Hunter kills himself. His wealthy aunt offers to bail the family out, but on the condition that the money she gives must be under Sterling's strict control. Complications ensue.