Obsessive master thief Neil McCauley leads a top-notch crew on various daring heists throughout Los Angeles while determined detective Vincent Hanna pursues him without rest. Each man recognizes and respects the ability and the dedication of the other even though they are aware their cat-and-mouse game may end in violence.

Charlie Simms is a student at a private preparatory school who comes from a poor family. To earn the money for his flight home to Gresham, Oregon for Christmas, Charlie takes a job over Thanksgiving looking after retired U.S. Army officer Lieutenant Colonel Frank Slade, a cantankerous middle-aged man who lives with his niece and her family.