Bailey is waiting outside Holly's lecture because he has no life. He notices that the door across the hall is open, so he peeks in, and finds that it's an economics lecture. He slips in and sits down. The professor asks a question and Bailey whispers the answer under his breath. The guy next to him raises his hand and says Bailey's answer, which is correct. The professor asks another question, Bailey whispers, slacker guy answers, but this time it's wrong. The professor says that Bailey's answer is the "street-smart, day-trader" answer, but it won't lead to long-term value.

Claudia is on the phone with Todd, telling him about what she saw Victor doing. In the middle of her story, a woman picks up the extension. Do hotel rooms have extensions? Claudia asks who it was, and Todd's all "no one" like clearly he didn't hear Claudia in their last scene together, where she told him that hiding something makes him look more guilty. Claudia points that out, and Todd says he and Mabel were leaving a club and got rained on, so she came to his room to take a hot bath, and then she lost her purse so she's spending the night. Is he really this clueless, or is he playing Claudia? Claude hangs up on him.

Bailey tells Charlie he has talked to a couple of venture capitalist guys he knows. Furniture isn't really their thing, since they're more into dot-coms, but Bailey talked to them anyway. Bailey thinks if they could scrape up a little collateral, they could get the loan. Bailey points out that the house, the restaurant and their cars could all be used as collateral. As if Bailey's Jeep is worth anything after having been in two accidents, and we've seen Julia's car, so I don't need to say anything about that. Plus, aren't they still in debt for Griffin's hospital bills? Anyway, Charlie tells Bailey no way. Bailey doesn't want him to give up. Charlie says he isn't giving up. He just realized that he's asking a lot of people to risk a great deal. Wait, Charlie realized that he's not the only person in the world! Bailey tries to bring him back into the Salinger mindset by telling him that the company needs him. Charlie says he can still be there under Standard, and get a nice salary and have more time to spend with Kirsten. Bailey says that this is the right time for Charlie to take this chance, but Charlie doesn't think it is.