Old and forgotten, comedian Aldo is brought by his sons into a nursing home called Reuma Park where he finds his old friends and partners Giovanni and Giacomo.

On Christmas Eve, three friends dressed as Santa Claus are arrested in what looks like an attempted burglary and charged with being the infamous "Santa Claus Gang". While trying to prove their innocence to the police, the trio explains why they found themselves in such a strange situation...

Claudia is married with Giovanni, a rather dull type. Meek Giacomo is happily divorced, until he meets her. Aldo is a colorful cabbie with whom she had an affair. Who'll win her heart?

Hapless Depression-era gangsters Al, John and Jack find out their boss wants to get rid of them and come up with a plan to sell him to the FBI, but Al's short-term memory loss could make it difficult.

Con man Aldo breaks out of jail and seizes a car at gunpoint, taking its passengers—bumbling police officer Giacomo and nitpicking civilian Giovanni—hostages. An unlikely friendship blossoms.

Aspiring thespians Aldo, Giovanni and Giacomo work dead-end jobs while nurturing their dream production of Cyrano de Bergerac, until love for the same woman tears their friendship apart. Three years later, Giovanni and Giacomo reunite after learning that Aldo is dying.