Jimmy negotiates with a media conglomerate to sell the station so he can meet with their attractive representative. Matthew handcuffs himself to a chair to protest a sale, while the rest of the staff schemes up ways to keep their jobs.

Dave introduces Bill at a Broadcasting Society event after taking speaking lessons from Bill. Matthew learns about gambling from Joe, falling $20,000 into debt.

Dave and Lisa announce they're breaking up. Lisa insists any further communication be done in memorandum format. Dave tries to keep his 24-page memo private. Mr. James continues his wife search.