The Kellogg brothers litigate over their famous surname (and the newly profitable discovery of corn flakes), Ralph Nader goes to war with General Motors and Harry Houdini and Sir Arthur Conan Doyle go from best friends to bitter rivals.

Upon his release from a mental hospital following a nervous breakdown, the directionless Anthony joins his friend Dignan, who seems far less sane than the former. Dignan has hatched a harebrained scheme for an as-yet-unspecified crime spree that somehow involves his former boss, the (supposedly) legendary Mr. Henry.