Director David O. Russell doesn’t really have a repertory company, but all four of his lead actors in American Hustle have worked for him in either 2010’s The Fighter or 2012’s Silver Linings Playbook. They all perform at a high level in American Hustle, working from a script that gives each of the four opportunities to shine. On January 16, expect a name or two or three from this ensemble to receive Oscar noms.

The root word of con, as in con man or con game, is confidence. In American Hustle, Irving Rosenfeld (Christian Bale) gains the confidence of marks who believe that he can get them loans for 50K. But first, they have to give him negotiable checks for 5-thousand to get the ball rolling.

After Irving meets Sydney Prosser (Amy Adams) at a party and discovers they share a love of Duke Ellington, they become lovers and partners in crime. Sydney joins him in his con game. She fakes a British accent and implies that she can get money from friends in high places in the UK banking world.

When the con man and woman are caught by the feds, they are enlisted to aid the FBI in scamming politicians. American Hustle is not the story of the Abscam sting, which saw politicians accepting bribes. But true-life events inform much of what happens in AH.

Richie DiMaso (Bradley Cooper) is the agent who runs the sting and becomes enamored with Sydney. Irving’s wife Rosalyn (Jennifer Lawrence) seems at first to be a shallow, unaware housewife but later is revealed to be more clever than initially revealed.

Carmen Polito (Jeremy Renner with a pompadour Conway Twitty would’ve envied) is the mayor of Camden, New Jersey who wants to help his state get the money to help develop Atlantic City. While setting him up for the sting, Irving finds that he actually likes Carmen—which makes things interesting.

Another Russell alum (who appeared in Silver Linings Playbook), Robert DeNiro, plays a Miami mobster gets involved when a fake Arab sheik is presented as the deep pockets money man. Louis CK has a small role as agent DiMaso’s boss.

American Hustle has all the elements a movie needs to succeed: a compelling story, interesting characters and a clever telling of that story. It’s not the best movie of 2013, but it will show up on numerous top ten lists for the year, as it should.