Chili Palmer is a loan shark working out of Miami, but he really doesn't like it. He hates having to work with scum, especially Ray "Bones" Barboni, a local wiseguy who has been feuding with Chili for 12 years over a leather coat. Truth be told, Chili would much rather be making movies.
So when a dry-cleaner named Leo who owes Chili a few thousand dollars fakes his own death, rips-off his insurance company and heads for L.A., Chili sees a golden opportunity.
Partnering with Harry Zimm, a small-time producer most famous for his "Slime Creatures" series, and Karen Allen, a former scream-queen who desperately wants to produce, Chili plans to make a major motion picture starring two-time Academy Award-winner Michael Weir.
But there's a few little problems with getting "Mr. Lovejoy" into production: Ray Bones has come to town, looking for Chili and the few grand that Leo owes him. Harry Zimm owes money to a group of drug-dealers led by Bo Cattlett, a criminal who is as ruthless as he is stupid. A gang of Colombian smugglers are sniffing around looking for their money, which is currently in an airport locker under D.E.A. surveillance, and, perhaps worst of all, Michael Weir is more interested in making a movie about Chili Palmer than he is in a Harry Zimm picture...
This report prepared by James Craver