This film contains all the elements of a great gangster story. It is a perfect example of 1930's big city gangster films. Yet it does not fall into a stereotypical mold at all. It is entertaining throughout. Just when you think it is going one way, it goes the other, building the suspense and irony until you realize it is not going to be a typical story.
All the players keep in character and hold your attention with crisp and refreshing dialogue. Baxter and Loy are so in tune with one another, and you do not get the feeling they are acting.
And isn't it neat to see Nat Pendleton play a smart, in-charge guy for once, instead of just a bumbling half-wit mob henchman. (Though he is always likable in that role, it surprised me to see what a smart guy he really was!) The plot of this film is genre-based, yet quite original and full of all the necessary elements: virtue, vice, mystery, false suspicion, resolution of mystery, resolution of false suspicion, romance, heavy action, jazz, and many doors that seem to want to open, but just the right ones open at just the right intervals to keep you entertained throughout this gem of a film.