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The rich young man Teddy Anker invests his money in the theater in the beginning of the 1920s Whatever he does becomes a success He falls in love with a dancer, Karin He decides to put up a show with Karin as the leading lady,

After a young woman commits suicide, her neighbors try to piece together why she did it by tracking down her acquaintances

The complicated relationships between a circus ringmaster, his estranged wife and his lover