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If you were to imagine yourself as a newspaper journalist, one of the best conspiracies you could ever find yourself stumbling upon would undoubtedly be the infamous Watergate Scandal. And reporters Bob Woodward (Robert Redford) and Carl Bernstein (Dustin Hoffman) were the two men who found themselves head-above-water in an elaborate cover-up that went all the way up the chain of command to the United States President himself.

On June 17th, 1972, Watergate hotel security guard Frank Wills spotted a possible break-in at the Democratic Party's National Committee. Some apparent CIA agents were arrested for breaking and entering, and later held at a trial, where Bob Woodward first found out that they were more than mere intruders. They worked for the government.

After researching into the matter, Woodward soon realized that one of the intruders had the name of a political figure scrawled in a notebook located within his shirt pocket.

And with the help of Carl Bernstein, a fellow Washington Post reporter (and a veteran of the field), Woodward followed the slight tracks, and the two men soon found themselves unearthing a shattering conspiracy that did indeed lead all the way up to President Richard Nixon, the 37th President of the United States of America, himself.

Based on Woodward and Bernstein's own memoirs, William Goldman's Oscar-winning script makes for a brilliant subtle mystery; a true-life story as amazingly honest and forthright as it is entertaining and engaging. It would always remain the late Alan J. Pakula's greatest film, and its standing as one of the top films of all time on many various "great movies lists" is certainly merited.

It's a shame that both Hoffman and Redford were snubbed by the Academy Awards for their performances here. As Woodward and Bernstein, the two are amazingly convincing and bounce dialogue off of each other with striking clarity and realistic quality. Hoffman, who is top billed, appears in the film less than Redford, but gives just a performance just as amazing. He would gain an Oscar twelve years later for his portrayal of Raymond Babbitt in "Rain Man," his finest performance to date, but his role in "All the President's Men" is of a different caliber. Woodward and Bernstein are two complete opposites, and at first they rub each other the wrong way -- Bernstein, a veteran reporter, takes one of Woodward's articles and starts making revisions. "I don't mind what you did," Woodward says, "I just mind how you did it." Even though it's not anything special, this if my favorite scene in the movie, and perhaps the best example of just how well these two actors are able to bring their characters to life.

The movie is a mystery but not in the traditional sense. Almost all of us watching the film already know how the story is going to turn out, but the way it makes its dynamic revelations seem surprising and its story tense and exciting is one of the greatest examples of compelling filmmaking.

For the film's opening sequence, in which Woodward and Bernstein's condemning news is written on a typewriter, Pakula used sounds of gunshots to clarify each separate key of the device striking downwards. The 37th President of the United States of America was sentenced to a sort of death with the publishing of that article, and the bold gunshots add an extra depth and meaning to this fact.

"All the President's Men" has no hidden morals, messages, meanings. It's just a true story about something that happened, brought to life on the big screen by a great director, an influential screenwriter and two of the best actors of all time. No, it's not going to have you thinking after it's over, but if anything, it's the type of movie that will generate a lot of talk instead. And more often than not, that's a good thing.

5/5 stars.

• John Ulmer

ALL THE PRESIDENT'S MEN (1976) **** Dustin Hoffman, Robert Redford, Jason Robards, Jane Alexander, Martin Balsam, Jack Warden, Hal Holbrook, Ned Beatty. Superb adaptation of Washington Post's scathing historical expose by intrepid reporters Bob Woodward and Carl Bernstein (played with energetic paranoia by Golden Boy and Dusty to perfection) on the infamous Watergate break-in and the ultimate downfall of the Nixon presidency with cover ups, cloak-and-dagger informant `Deep Throat', conspiracies and Washington as a fixed metaphor as a quagmire sucking down America's freedoms with only the dynamic duo as our only hope! Robards won a richly deserved Best Supporting Actor Oscar for his portrayal of crusty yet fair editor Ben Bradlee. Suspensefully directed by Alan J. Pakula. Look sharp for Polly Holliday (aka tv's `Flo') as a repellent secretary. Also won Oscars for Best Screenplay Adaptation by William Goldman, Art Direction and Sound. Alexander was nominated for Best Supporting Actress.

After the flawed but fascinating 'Parallax View', Alan J. Pakula learns from his mistakes, and delivers a more logical and satisfying story in 'All the Presidents Men'. Everything about this movie is of the highest quality. Another bravado turn from cinematographer Gordon Willis creates a world of intensely glaring lights and ominously inky shadows. Subtle and realistic performances from the entire cast create a believable pressroom atmosphere of rivalry, idealism and integrity.

The story has been the prototype for every conspiracy thriller since, establishing all the motifs that would eventually be exhausted by 'The X-Files' and become cliché. The narrative flows smoothly, and Goldman does an excellent job of reigning in a potentially incomprehensible plot line, a feat that won him a much-deserved Oscar. The story does, however, slow down in spots, becoming repetitious, and could have benefited from a little judicious pruning.

An excellent movie, that not only sheds light on a historic episode without the usual glossy spin, but highlights the pitiful condition of modern journalism, a fall from grace that in time will prove to far more terrifying and long reaching than anything perpetrated by Nixon and his cronies.

This film is probably in more top 10 lists than any movie ever made and deservedly so. Due to the subject matter (the Watergate break-in and cover-up) there's little in the way of suspense but it's not needed. Seeing exactly how Woodward and Bernstein went about putting their story together is movie making at its finest. The story, top notch casting, editing and directing give this an easy 10 out of 10!

A central problem for all thrillers is that the need to find twist after clever twist means that stories escalate quickly into realms of implausibility; an apparently boring tale of low level corruption soon brings down the President of the United States. Which gives 'All the President's Men' a huge advantage over most thrillers, because this film (based on the Watergate incident in 1972) can tell such a story and support it on the basis that all of it is true. Director Alan Pakula, something of a conspiracy thriller specialist, here does a great job in adapting the book written by the journalists who broke the story: the film is never overly melodramatic, but is always tense, and although it has pair of heroes, we're left in no doubt of their selfish motivations as they work potential witnesses any way they can in their bid to nail the truth. Unlike most clichéd detective thrillers, the true nature of the crime is unknown (and arguably, remains unknown to this day), so even though we know what happened, there's an air of unpredictability to the story; reporters Woodward (played by Robert Redford) and Bernstein (Dustin Hoffman) don't know what they are looking for, even though they are certain that (somewhere) it is there. The plot is nicely paced, and even dares to skip lightly over the eventual vindication of the journalist's hunches, preferring to concentrate on how it felt for them, chasing this huge story, over a mere historical reconstruction of President Nixon's demise. Indeed, although Nixon appears in this film, it's only on television, and played by himself. This means that what we don't get is a wider analysis: a theory as to the true motive of Nixon's actions is hinted at but nothing more; nor does the film tell us whether it regards his behaviour as a disgrace to modern politics, or an mere symptom of them. In this respect, Oliver Stone's (more fanciful) 'Nixon' makes an interesting companion piece. But as a complex, gripping and understated thriller, 'All the President's Men' has few equals. Truth is stranger than fiction indeed.