Pierce blackmails Mort into giving him information on Greg's business deals. Greg suspects a leak, so Mort tells Pierce he can't risk helping him anymore. Kate's old tennis friend Vanessa shows up and asks to stay with Kate. Claudia wants Alex out, so she tells Greg that he is blackmailing her, and that Ruth was in pain, so she let her die. Greg gives Alex a job so he can keep an eye on him. Alex asks Kate out. Claudia wants him to leave Kate alone, so she sleeps with Alex. Alex goes to pick up Kate, and tells Kate that Vanessa's really good looking. Val's publisher asks her to write a biography of Greg. No one wants her to do it, and Mac and Karen are scared of how it will affect Meg and Paige, but Val decides to go ahead with it.

Claudia wants Alex to move out. Alex flirts with Vanessa and they almost kiss when Kate walks in. Paige asks Anne to hire Kate at the radio station. Vanessa comes by and sucks up to Anne big time, so Anne hires Vanessa to be her assistant. Val meets with Greg about her book, and Greg is bemused by her earnestness. Pierce tries to ruin Greg's business deal, but it doesn't work. Pierce screams at Greg in a restaurant and is thrown out. Pierce buys a rifle. Paige has dinner with Anne and Greg at his ranch. As they leave, Greg sees Pierce. He pushes Anne and grabs Paige as Pierce shoots.

Claudia handles Greg's business while he's gone. Alex brings Vanessa to Claudia's, and she catches them sleeping together. Val meets with the mystery woman Mary Robeson. She says that her son Joe worked for Greg and Laura had an affair with him, and Joe is Meg's father, but Greg paid him off. Val doesn't believe her. Paige wakes up aboard a yacht. Pierce is there, and she realizes he thinks she is Margaret, his girlfriend who died. Paige manages to leave her hospital bracelet on the dock before Pierce takes off with her. Greg hires detectives, and they find the orderly who helped Pierce. He says Pierce used his van, and police find it at the Marina, along with Paige's hospital bracelet. Mac and Greg take off in a boat. They catch up to the yacht, and Mac and Greg jump on. A fight ensues. Pierce and Greg fall into the water, and Greg goes under water.