It stars Sylvia Sidney and George Raft as a pair of ex-convicts on parole, working in a department store whose owner, played by Harry Carey, routinely hires former criminals to give them a second chance.

Mr. Morris, owner of a large department store, hires offenders released on parole to give them a chance to rehabilitate.

Among them is Joe Dennis, who is resigning and leaving for California in order to end his growing friendship with fellow-employee Helen Roberts, as he feels unworthy of her.

When Joe finds a ribboned bundle of what he assumes are love letters in Helen's room, but which are parole cards, he becomes jealous of her past, and meets up for a drink with some criminals from his own.

With considerable expertise, she outlines on a blackboard the full costs of the operation they had planned and the meager returns each individual would receive if it had succeeded.

Joe is not amused by Helen's role in the affair or by her sophisticated knowledge of heist planning.

William LeBaron of Paramount asked Norman Krasna if he could come up with a vehicle for George Raft.

By May 1937, Schulberg was no longer producer and the director was Fritz Lang, who had just made Fury and You Only Live Once with Sidney.

"I wanted to make a didactic picture teaching the audience that crime doesn't pay", said Lang.

[10] Jonathan Rosenbaum described You and Me as "among Lang's most unjustly neglected Hollywood pictures—not an unqualified success by any means but interesting, imaginative, and genuinely strange.