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A vicious loan shark ring has been preying on factory workers. When several workers at a tire factory suffer violence at the hands of the loan sharkers, a union leader and the factory owner try to recruit ex-con Joe Gargan to infiltrate to the gang. At first Joe does not want to get involved, but changes his mind when his brother-in-law dies at the hands of a savage loan shark hood. Joe works his way into the mob, but in order to keep his cover, Joe can't tell anyone what he is up to. This results in him being disowned by his sister and girl friend.
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Reviews
I don't have all the words right now but this film is a work of art.
Highly Overrated But Still Good
One of the most extraordinary films you will see this year. Take that as you want.
It's a feast for the eyes. But what really makes this dramedy work is the acting.
While not a fan of Raft's starring qualities for major studio films, I really enjoy him in tough little black and white B films like this. Low budget, filmed quickly, they seem a good fit for his real life tough, sometimes lowlife persona and abilities. I intend this as a compliment to Raft and if you watch "Loan Shark" you will see what I mean.In addition to Raft you have here a fine supporting cast including one of the best John Hoyt crime performances of his long distinguished career.Factories, lunch boxes and cheap hoods. Really evokes the underside of the 1950's and moves along briskly. Surprisingly entertaining.
Rather better than "Arson Inc" with which it's pared on a VCI DVD is "Loan Shark" which benefits from an obviously larger budget and something of a name cast, though it's still clearly a b-picture at heart. George Raft, rather old and perhaps a bit miscast at 57 and stiff and humorless is Joe Gargan, out of prison after a few years for assault and battery, trying to make a new life by getting a straight job at the tire factor his brother-in-law works for. But we know right away it ain't gonna be easy as the film opens with one of the most awesome quick, violent scenes in noir as an unknown man leaves his apartment and is quickly followed to an alley and brutally beaten within an inch of his life.The beatings it turns out come courtesy of a loan shark ring that has much of the plant, and much of the unnamed city in thrall. The young workers get in debt, wanting to buy their wives nice things or betting on the horses, and they're led to the ring by an unknown stooge. Gargan comes to just get a simple job, but is recruited instead by the tire company president to investigate the goings-on and find out who is the stooge, and as much as he can about the operation. At first Gargan resists the notion, wanting nothing to do with this, but after his brother-in-law is killed he goes all in, even going so far as to infiltrate the loan shark operation by becoming the protégé of the group's leader at the tire factory, Donelli (the always wonderfully slimy Paul Stewart) and eventually working his way into starting a new operation with a dummy laundry service. By this point he's on the same page as Donelli, with only the big boss Phillips (John Hoyt, enormously charming and catlike dangerous) above him. Or is there someone else...we and he don't get to find that out until the nicely staged finale which culminates in a shootout in a theater.Along the way Gargan starts a romance with a young lady who lives on the same floor as his sister, but loses her when he goes deeply into the mobsters' racket, even going so far as to beat up her brother for non-payment of loans. The romantic scenes are obvious reminders of one of the few problems this tough and exciting little picture has - Raft, who is definitely old enough to make his job prospects at the plant rather unbelievable and his romance with Ann (Dorothy Hart, about half his age) a little creepy. But beyond that, he's wooden and monotonal in a way that reminded me more of Charles Bronson 30 years later than Raft's own much better work 20 years earlier. Oh well, he does get the job done and he's still tough and mean-looking enough that he doesn't really detract from a nice little slightly off-the-beaten track entry in the cycle. A noir set in a tire factory? Who'da thought.
It sure was odd seeing a 57 year-old George Raft playing essentially the same role he'd been playing almost twenty years earlier--especially since the stuntman they used for him looked much younger and a lot more fit! Also, having a 27 year age difference between him and his girlfriend also strained the limits of credibility. However, if you can ignore the oddness of the casting, then it's a very good example of Film Noir that is sure to please lovers of this genre.Raft plays a man who has just gotten out of prison for assault. He genuinely wants to go straight, but unfortunately the job prospect he has wants him to do some undercover work to determine who's in charge of a local loan shark business. He turns the job down, but when his brother-in-law is soon killed by these thugs, he changes his mind and works his way up through the racket to find "Mr. Big".An exciting script, very good acting and pacing make this a fine fine example of Film Noir. If you liked this film, try to see Alan Ladd in APPOINTMENT WITH DANGER. The plot is very similar, though the Ladd film is a good bit grittier and tougher.By the way, although this is a good film, Raft's prospects in Hollywood were pretty bleak at this point in his career. Raft made a habit of turning down amazing roles and by the 1950s he was starring in mostly B-pictures. According to IMDb, he'd "turned down High Sierra (1941), The Maltese Falcon (1941), Casablanca (1942) and Double Indemnity (1944)"--yikes!
George Raft is Joe Gargan, an ex con who is hired by a tire factory owner and a union leader to help smash a loan sharking mob that has been preying on factory workers. Joe works his way into the loan sharkers operation in order to get the goods on the guy who killed his brother in law and find out who the mobs top boss is. Since Joe can't tell anyone what he is up to, this puts a strain on his personal life; his sister no longer wants anything to do with him and he gets dumped by his girlfriend. Of course Joe clears everything up at the end.Although LOAN SHARK has a somewhat weak script, the film is a fast paced, well acted, and efficient gangster thriller. Dorthy Hart, who played Jane to Lex Barkers Tarzan the same year as this film, looks lovely. Overall, LOAN SHARK is recommend for fans of George Raft and post war gangster movies.
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