Things aren't looking so good for television clown Banana's career, and the fact that his estranged wife, Suzi, has just been arrested for assaulting his girlfriend, Lily, just serves to compound Banana's despair.

Mercedes is a taxi dancer who wants to be an actress. She's involved with the married Harry, who considers himself a respected actor. Ernesto is in love with Mercedes, but he doesn't dance or have money.