Yes, and bad acting and all, but what a story, eh? They embellished it a bit, but not much, and didn't really have to, from what I have read of it over the years. Thanks for the link Arlo!
Description: Secretary of the Navy Charles Edison presents Medals of Honor to four men for heroism during rescue and salvage operations following the accidental sinking of Squalus on 23 May 1939. The ceremonies took place at the Navy Department on 19 January 1940. The men are (from left to right): Chief Machinist's Mate William Badders; Chief Torpedoman John Mihalowski; Chief Boatswain's Mate Orson L. Crandall; and Chief Metalsmith James Harper McDonald. All were qualified as Divers. The Diver's distinguishing mark is visible on the Mihalowski's and Crandall's jacket sleeves. Official U.S. Navy Photograph, from the collections of the Naval History and Heritage Command.
Those are the divers that were awarded MOH for what they did - more could have been shown of their part in the rescue.
https://www.history.navy.mil/researc...d-salvage.html