Critics note that Loophole is particularly effective because of its sense of "unrelenting unfairness". It explores 1950s social anxieties regarding reputation and the ease with which an average life can be destroyed by an unwavering bureaucracy or a single motivated individual. While some find the final 10 minutes a bit rushed, the film is widely praised for its suspenseful build-up and McGraw’s menacing performance.
The film stars as Mike Donovan, an ordinary bank teller who becomes the victim of a sophisticated robbery. A con man (Don Beddoe) poses as a bank examiner to gain access to Donovan’s cage and steals nearly $50,000 while the bank is open. Loophole(1954)
: Because there is no record of the "examiner," Donovan is accused of the theft by the bank and the bonding company. Critics note that Loophole is particularly effective because