Next day, Michael and Eddie are touring a condo that looks like one of those places that ran out of money in the middle of construction. How did they gain entry? Michael's VO: "There's nothing in the world easier to get into than an empty condo that's been on the market for six months. Never mind picking the lock; you can just call and ask for the keys." Looking like Pepe LePew in a dark shirt and suit with a white tie, Michael gives Eddie a hard (but vague) sell about how he'll take Eddie's money under the table, then buy the property and flip it. Eddie wants to think about it, but before Michael can rush him for more than a few seconds, Eddie gets a page and has to bounce. A moment later Michael gets a call from Ricky from Valentine's office, reporting that a pissed-off Valentine is calling an emergency meeting in ten minutes. Oh, come on, what kind of emergency can wait ten minutes? Still, Michael figures that's where Eddie's off to. Ricky can't decide if he should make the meeting or skip out. Michael unhelpfully tells him it's his call, and when Ricky decides to attend, Michael tells him to leave his phone on and he and Fi will be listening in, ready to provide backup. "But if it looks like something's going bad down there, get out." Well, that should be easy enough. "Valentine, sorry, but I gotta hit the bathroom. Can you kill me when I get back?"

Fi pulls the Saab up to the curb across from Valentine's office with Michael in the shotgun seat, which is going to turn out to be kind of ironic in a minute. She wants to go in shooting right now, but Michael would rather hang back and listen to what's going on in the conference room.

Inside, Ricky slides his cell phone into the middle of the conference table and looks around nervously. Good thing there are actual spies helping him with this situation. Nobody notices his shifty conduct, though, because Valentine has commenced a speech inspired by DeNiro as Al Capone in The Untouchables. Removing one of the platinum records from the wall behind him, Valentine warns the group, "Last chance to come clean, people." Nobody does. And meanwhile, out in the car, Fi is already loading her shotgun. Dammit, Fi, clearly Michael already called shotgun. Inside, Valentine zeroes in on a guy at the conference table named Marcus, accusing him of trying to defect to another label by bringing one of Valentine's artists -- the one whose platinum album Valentine is currently brandishing -- with him. Marcus seems to have no idea what Valentine's talking about, but Valentine heard it from Eddie, so he figures it must be true. "What do I do to thieves, Eddie?" Valentine asks without taking his eyes off of Marcus. "What you have to, Valentine," Eddie says in his best Iago impersonation. "Rick, what you think?" Valentine asks, because if he asks anyone else that means giving a line to an extra and that isn't about to happen on USA. Ricky plays it cool, saying, "I think you're in a conference room full of witnesses, V." Valentine thanks Ricky for the appeal to his better nature and kicks Marcus out, but not before smashing that platinum record and its glass case over Marcus's head. Yikes, that could have given new meaning to the term "severance." He then tells everyone else to get out of the conference room -- except Ricky.