Two young girls in New York's Greenwich Village own a plaster-casting shop. One day a well-known Hollywood actor walks into their shop and asks if they can make a plaster replica of his penis. When he later brings a friend of his, also a well-known actor, in to get his 'member' replicated, the girls hatch an ingenious plan to make a lot of money by making replicas of stars' penises, then blackmailing them. However, things don't turn out exactly the way they planned.

An accountant embezzles $80,000 from his company, in cahoots with a beautiful company executive. However, he starts worrying about getting caught and lets his partner know that he wants to stop. She, however, doesn't want to dry up her cash cow, so she finds some "persuasive" ways to convince her partner to keep up his end of the deal.

Zarryl Danuck, the head of Universal American Pictures, is in danger of being ousted from his position. Can his niece Eloise, newly-arrived in New York City, reverse his studio's failing fortunes as their new "All-American Girl" movie star?