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After
her second husband, Monte Beragon, is murdered in her beachfront house,
Mildred Pierce lures longtime acquaintance Wally Fay to the house and then
runs away, leaving him with the body. A short time later, Mildred
returns to her Pasadena house to find the police and her daughter Veda
waiting for her. At the police station, Mildred describes the events
that led to Monte's murder.
Four years earlier, Mildred's first husband Bert is making a
good living in real estate with Wally, who is his partner. After Bert
loses his job, however, he quarrels frequently with Mildred over her
indulgent treatment of their daughters Veda and Kay. An especially
bitter quarrel drives Bert to leave Mildred for his mistress, Mrs. Maggie
Biederhof. Kay is upset by her father's departure, but the older Veda
is only concerned with how the family will manage financially.
When Wally makes a pass at Mildred, Veda suggests that
Mildred marry him so that they can get a new house and a maid, but Mildred
rejects the notion. Because she has been a housewife from age
seventeen, Mildred is only able to find a job as a waitress, but she works
hard and bakes pies for extra income. When the snobbish Veda ridicules
her mother for working as a waitress, even though this work has paid for her
expensive singing lessons, Mildred decides to open her own restaurant.
With Wally's help, she buys a house in Glendale from the Beragon estate and
remodels it.
One day, when Bert takes the girls to Lake Arrowhead, Monte
Beragon, the building's former owner, invites Mildred for a swim at his
beach house. Later, Mildred returns home and finds Bert waiting with
the news that Kay is seriously ill with pneumonia. After Kay dies,
Mildred becomes even more determined to provide Veda with the best of
everything. Mildred's restaurant is very successful, and soon she owns
a chain of restaurants.
In the meantime, after her divorce from Bert, Mildred becomes
increasingly involved with Monte, giving him money to support his wealthy,
idle way of life, but later breaks off the relationship because she believes
that he is a bad influence on Veda.
Veda secretly marries wealthy Ted
Forrester and, when his parents insist on an annulment, she falsely claims
to be pregnant. Wally negotiates a large financial settlement from the Forresters but, when Mildred learns that Veda lied about her pregnancy, she
tears up the check and sends her daughter away. Mildred relents,
however, after Veda takes a job as a singer in Wally's nightclub.
In order to give Veda the socially prominent life she
desires, Mildred then arranges to marry Monte in exchange for a third of her
successful business. Monte squanders Mildred's money, causing her to
lose her business to Wally. After telling the police her story,
Mildred confesses to murdering Monte. The police then question Veda,
who admits she shot Monte, with whom she was having an affair, after he
refused to marry her. Veda blames Mildred for making her the way she
is, but Mildred finally washes her hands of her daughter and rejoins the
loyal Bert outside the police station. |