Jean and Otto, a French newspaperman and a young German Francophile, are fighting for peace in Europe. Jean’s daughter, Corinne, is launching a brilliant acting career in the film world, but war breaks out and France is occupied. The two friends have a major role to play in this new France. Jean becomes a big press baron and an ardent advocate of collaboration with the occupying forces, while Otto becomes the Reich’s ambassador in Paris. Corinne, meanwhile, finds herself thrown into the lion’s pit.

On Christmas Eve, a burglar is tasked with stealing a necklace from an old lady. Nothing is going to go as planned…