The Bonfire of the Vanities

It's election time in New York and among the ones running for Mayor is the Jewish District Attorney, and to get the minorities to vote for him, he tries to arrest and convict a white man. When a young black man is struck by a car and when an outspoken Reverend fans the flames, an ambitious A.D.A. tries to find the one responsible. Ambitious, ethically challenged reporter Peter Fallow also tries to find out. Eventually they learn that the car that struck the boy belongs to Sherman McCoy a (white) financier. At the time of the accident McCoy was with a woman who is not his wife who is also married. She refuses to let McCoy come forward. Eventually the D.A. decides to prosecute McCoy. Fallow eventually learns something that could affect the case. And he gives it to McCoy but unfortunately McCoy can't use it, so they try to find a way to use it.