In Los Angeles, a gang of bank robbers who call themselves The Ex-Presidents commit their crimes while wearing masks of Reagan, Carter, Nixon and Johnson.
Dough-crazed mercenaries Sammy and Klaus are on a mission to escort the seriously ill prime minister of a South American country that has just been taken over by the rebels to his buddies over the border.
Claude, a militant anarchist, is caught stealing and is shot by a policeman while fleeing the scene. Dodo, a hairdresser, is hit by one of the stray bullets.