...at night, Margaret is riding her horse; later, in the stables, she's spending some quality time with him, unaware that there's a shadowy figure nearby. However, said figure reveals himself to be Nicolas, who points out the horse isn't fond of most people. Margaret apparently doesn't catch his voice as she asks who it is, but he says he has a better questions as he steps forward and reveals himself: "Did you think I wouldn't recognize my own mother?" Well, you did try to make out with her. You can't blame her for supposing otherwise.
Back from the break, mother and son are, surprisingly, laughing about the whole thing. Nicolas reveals that it was he who watched her through the window, and noted that "Julia" has exactly the same little nervous routine of checking the shutters and such before going to bed as Margaret did, among other things, but he wasn't a hundred percent sure until he saw her with King's Ransom. "It was definitely after I tried to kiss you." I did figure as much, but it's still nice to hear. Margaret wonders, however, how Nicolas would even think it was possible for her to be in "Julia's" body, but it turns out Nicolas is himself a client of the Dollhouse, albeit the one in Manhattan. He admits that he never considered using them for something like this, but even though Margaret cautions him that she doesn't get to keep the body, he opines that the idea is brilliant, and demonstrates that Margaret is to be feared. She assures him, though, that she only ever wanted him to be happy, and as his mother, she's supposed to bear his burdens. "Even if you lost everything." Catching on to the allusion to his addiction, he confesses that he couldn't stop gambling and blew through millions of dollars (his trust, I'm assuming), and he didn't tell her because he knew she'd be ashamed of him. He cries on her shoulder before telling her that when she died, he was relieved that she never knew, but now that she does, he just wants her back. "You were taken from me too soon." Even though it's not necessarily what he meant, she concludes that he too thinks she was murdered, but they don't have time to discuss that further, as they presently hear voices approaching.
They take cover before Victor and Jack burst in, with Victor claiming that King's Ransom has been pumped full of steroids -- "enough to make his heart pop." Well, no wonder he's so easily irritated. Victor goes on if he hadn't been looking for the drugs, he wouldn't have found them, but he's a pro, which is how he knows that without the 'roids, King's Ransom won't be remotely fit to race, so someone's obviously trying to pump up his value and pass off shitty merchandise. He leaves, and as Jack seethes in frustration, Margaret tries to parse what this all means. However, Jack's rage builds to the point where he takes a shovel and bangs the metal end against the bars on the horse's pen, causing sparks to fly. The horse spooks, and Margaret reflexively screams, alerting Jack to her presence. He moves toward her, but is delayed by another horse coming flying out of its cage, which gives Nicolas and Margaret the chance to run. Outside, they catch their breath for a moment and talk about exposing Jack for apparently having killed Margaret with the same stuff he gave the horse, but then the man in question appears and tries to brain Nicolas with the shovel. Nicolas, however, manages to stab him in the side with what looks like a stirrup to me [Some kind of hook? For carrying saddles, maybe? - Z], and he follows his mom out of there at a dead run.