Ruthless tycoons have been a fixture in recent years with men like Bernie Madoff building corporate conglomerates with other people's money. Less seen in news coverage are the wives left behind after the arrests are made. Jasmine French serves as a challenge for Woody Allen and Cate Blanchett in basing a film around a woman who would be (rightfully) scorned by others and trying to make audiences see things from her perspective, make her feel real.
Jasmine, formerly Jeanette, lives in the lap of luxury after falling in love with Hal (Alec Baldwin) at Martha's Vineyard. Their story is a romantic one scored to "Blue Moon", as she tells it anyway. Jasmine doesn't know much of Hal's business, but she doesn't question when he presents her with papers to sign and lavish gifts. She seems set for life... until Hal winds up in prison on charges of fraud.
Jasmine sinks low and quickly after the money dries up. Left with no alternative, she moves to San Francisco wi…