In a fancy, ornate parlor that is not the Commodore's, the Elders meet with Jimmy and Eli, and they're alternately approving of Jimmy's respectful speech and cranky at the current state of business. One particularly ornery, wheelchair-bound bastard named Jackson Parkhurst growls, "Nothing cheaper than sentiment!" He brags of his armed service with the cavalry and speaks with boastful pride of massacring 2,000 Sioux. "Cut those painted bucks to red ribbons," he laughs. "A slaughter," Jimmy says, without a trace of admiration in his voice. Parkhurst says that's all it ever is. Uncle June notes that Parkhust came out of the last war pretty flush. He says he cleared a cool million selling chipped beef to the army and he doesn't care who knows it. "Smart bet there, sir," says Eli, ever the sycophant. "Seized an opportunity!" Jimmy scoffs that he had some of that chipped beef and would have rather eaten dog turds. Parkhurst sniffs that he got paid anyway, "as you can see." He holds his arms out to his palatial manse. Jimmy says this must make him a great man, then. Parkhurst's attitude quickly turns to bile. The men start taking turns chiming in about the "recent setbacks," most notably the $70 grand that was lost in Mickey Doyle's warehouse explosion. They've yet to see a dime back from their investment, and they're particularly peeved that they're speaking to Jimmy right now and not his father. Jimmy and Eli try to reassure them, saying Jimmy has the Commodore's complete authority. Parkhurst says he never heard him say that. Ear Horn Guy gets right to it: "Is he dead or just dying?" Jimmy scrambles. "You're trying to diddle the wrong men," one elder says. Jimmy: "What, are you going to drum me out of your little yacht club." Faster than a man that old has any right to be, Parkhust swings his cane and strikes Jimmy square on the forehead. Hard. The men in the room all gasp and sit back in their seats. "It's high time you and your whole goddamn generation learned something about respect," he snarls. Generational tensions! Not just for baby boomers anymore! Jimmy doesn't respond with violence in kind. He just gets up, tells Parkhurst "You just taught me plenty," and takes off.
Eli follows him out, pissed as hell. Jimmy's not interested in going back. Fuck these people! These people, Eli basically says, hold all the power. Jimmy says he doesn't need them, but Eli says that's not his call. "I brought you in on this!" he yells. Jimmy touches at the blood tricking down his head and says thanks for that. And stay the fuck out of his business. Jimmy stomps off. Eli Thompson: the portrait of buyer's remorse.