A man named Dalton Russell sits in an unidentified cell and narrates a story of how he has committed the perfect robbery. In New York, masked robbers, dressed as painters and using variants of the name "Steve" as aliases, seize control of a Manhattan bank and take the patrons and employees hostage. They divide the hostages into groups and hold them in different rooms, forcing them to don painters clothes identical to their own. The robbers rotate the hostages among various rooms and occasionally insert themselves covertly into the groups. They also take turns working on an unspecified project involving demolishing the floor in one of the bank's storage rooms.