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The Finger Points (1931)

Lee is a fresh young kid from the South when he gets a job with The Press. His first assignment on gangsters gets his name in the paper, the police on a raid and Lee in the hospital. He quickly finds that it is everyone for himself, so he goes into the business of not reporting for a fee. He quickly learns to shake down the gangsters, and with the paper behind him, they leave Lee alone. But the girl he is crazy for will only trade a ring for his going straight. More on Wikipedia

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