Keanu Reeves plays Johnny Utah, an FBI rookie sent undercover to infiltrate a band of L.A. surfers who stick up banks while wearing rubber masks of Reagan, Nixon, Carter and Johnson. Utah is determined to bring down these ex-presidents; he's that kind of dude. Bureau old-timers think Utah is "young, dumb and full of cum," a big dis applicable to many of the characters in W. Peter Iliff's airheaded script.

Reeves proves a resourceful actor, though, especially in his scenes with Gary Busey, playing…