Loan Shark

While not a fan of Raft's starring qualities for major studio films, I really enjoy him in tough little black and white B films like this. Low budget, filmed quickly, they seem a good fit for his real life tough, sometimes lowlife persona and abilities. I intend this as a compliment to Raft and if you watch "Loan Shark" you will see what I mean.

In addition to Raft you have here a fine supporting cast including one of the best John Hoyt crime performances of his long distinguished career.

Factories, lunch boxes and cheap hoods. Really evokes the underside of the 1950's and moves along briskly. Surprisingly entertaining.

George Raft is Joe Gargan, an ex con who is hired by a tire factory owner and a union leader to help smash a loan sharking mob that has been preying on factory workers. Joe works his way into the loan sharkers operation in order to get the goods on the guy who killed his brother in law and find out who the mobs top boss is. Since Joe can't tell anyone what he is up to, this puts a strain on his personal life; his sister no longer wants anything to do with him and he gets dumped by his girlfriend. Of course Joe clears everything up at the end.

Although LOAN SHARK has a somewhat weak script, the film is a fast paced, well acted, and efficient gangster thriller. Dorthy Hart, who played Jane to Lex Barkers Tarzan the same year as this film, looks lovely. Overall, LOAN SHARK is recommend for fans of George Raft and post war gangster movies.

Loan Shark finds George Raft an ex-con come to live with his sister Helen Westcott after his release. Their neighbor and secretary to the owner of the factory where Westcott's husband is employed, Dorothy Hart puts in a good word for Raft for a job.

Owner Charles Meredith has a special job in mind for Raft, investigating and finding out who's behind a group of loan sharks who have been putting many of his employees in their debt. Raft doesn't want this kind of work, but changes his mind when his brother-in-law Bill Phipps is killed.

But unfortunately this involves Raft going undercover and working for the gang until he can find out who the real boss is. He makes a lot of enemies, including Westcott and Hart until the job is done.

The film was done for B picture studio Lippert films and possibly at a major studio it would have had a lot of the plot holes filled. The writing could have used some improvement, but action goes along at a nice pace and Raft is perfectly cast in the hero part. During this time Raft was doing most of his work in B films and some of them are not bad at all. Loan Shark is one of them.

It sure was odd seeing a 57 year-old George Raft playing essentially the same role he'd been playing almost twenty years earlier--especially since the stuntman they used for him looked much younger and a lot more fit! Also, having a 27 year age difference between him and his girlfriend also strained the limits of credibility. However, if you can ignore the oddness of the casting, then it's a very good example of Film Noir that is sure to please lovers of this genre.

Raft plays a man who has just gotten out of prison for assault. He genuinely wants to go straight, but unfortunately the job prospect he has wants him to do some undercover work to determine who's in charge of a local loan shark business. He turns the job down, but when his brother-in-law is soon killed by these thugs, he changes his mind and works his way up through the racket to find "Mr. Big".

An exciting script, very good acting and pacing make this a fine fine example of Film Noir. If you liked this film, try to see Alan Ladd in APPOINTMENT WITH DANGER. The plot is very similar, though the Ladd film is a good bit grittier and tougher.

By the way, although this is a good film, Raft's prospects in Hollywood were pretty bleak at this point in his career. Raft made a habit of turning down amazing roles and by the 1950s he was starring in mostly B-pictures. According to IMDb, he'd "turned down High Sierra (1941), The Maltese Falcon (1941), Casablanca (1942) and Double Indemnity (1944)"--yikes!

Good little crime drama at a time when TV and Technicolor were shoving B-flicks off the marquee. Raft may be along in years (51) for his romantic clinches, but he sure as heck continues as one of Hollywood's premier tough guys. Then too, he's in rough company with two of the industry's best no-nonsense supporting actors, Hoyt and Stewart. Together the three create a solid core of tough-guy menace that carries the storyline.

Seems Joe (Raft) is just out of prison and wants to go straight, but his sister's husband has been killed by loan sharks whose ruinous effect on working people he soon learns about. So he decides to to expose the criminal organization by going undercover and using his savvy tough-guy skills to disrupt their operation. Those scenes of him undercover in an actual tire factory are riveting and heighten the movie's general sense of menace, almost like a mechanical version of hell. On the other hand, too bad the producers used empty studio sets for supposed city streets that disrupt that general sense of realism. Also, the shootout could use less clumsy staging. Nonetheless, be sure to catch the naughty innuendo between Vince (Hoyt) and his cheap blonde mistress (Dean) - yeah, censorship's deadening 20-year grip is loosening.

Anyway, the flick's got a solid core of drama and suspense that also rewards fans of the inimitable George Raft, so don't pass it up.