In the 1950s America, three friends -- David (David Arquette), Joe (Jonah Blechman) and Tim (Jason London) -- get it in their heads to pull a prank in honor of their high school graduation. Staging a bank robbery and kidnapping, the three find they've picked the wrong bank at the wrong time when they clash with Florence (Mickey Rourke) and Leon (Stephen Baldwin) -- who are actually robbing the bank. After the two crooks take the friends hostage, the only way out is to go through with the robbery.