Original subtitles

ANNOUNCER: Previously on White Collar:

Kate says adios to you at prison,

then gets busy with her disappearing act.

Missed her by two days.

Where'd she go?

She's a ghost, man.

She did an outstanding job of melting away.

Kate. Kate!

NEAL: She's being held by someone. She's too scared to say who.

Interpol told me the man who has Kate is with the FBI.

PETER: You think it's Fowler. NEAL: I do now.

PETER: What does he want from you?

Could be anything.

I'm not done with this investigation, Burke.

Neither am I.

Neal. Neal, he's close.

The man with the ring?

Yes. He wants something.

Who is he? KATE: I can't tell you.

Just tell me where you hid everything.

PETER: Hello, Kate.

KATE: Hello, Peter.

We need to talk about Neal.

[PHONE RINGING]

Kate.

[♪♪♪]

MOZZIE: If only there were some way to compare this to your life.

I get it, Moz. I'm a pawn.

Your analogy lacks creative thinking.

You're upset because it's accurate.

See, Kate has reign over the entire board,

while your movements are more...

restricted.

Fowler has to be lying about Peter.

There's no way he has Kate.

Neal, everyone has a price.

Peter's been in the position to control everything.

I hate to give the suit credit, but he's smart.

I know him. There's no way he could do it.

If you're so sure, then prove it.

Find the ring,

you find the king. See if he has it.

I'm the bishop if you were wondering.

I wasn't. Oh.

[♪♪♪]

You trust him?

Hm. Look, he's the guy you want for this.

Well, you didn't answer my question.

WOMAN: Hi.

Morning, Peter.

Morning.

Agent Landry, meet Neal Caffrey.

Con man turned FBI consultant.

My reputation precedes me.

Well, you're hard to miss.

You took a swan dive out of a judge's chamber

into a bakery awning.

I really don't like that picture.

But they do have the greatest cake in town.

What's up?

Agent Landry is here from the Dallas field office.

He's following a boiler room case.

Actually, I'm still catching Burke up on the details.

Nice to meet you.

Oh, yeah.

You think Caffrey's the right man for this job?

Oh, yeah.

He's a criminal.

So are the guys in the boiler room.

Look, I busted him for bond forgery.

I know the story. Then the guy breaks out of prison.

Three months left on a four-year sentence.

Then he's an idiot.

No. No. It was for a girl.

LANDRY: Looks like he could have his pick.

Yeah, well, there's something special about Kate.

Point is, she's no longer an issue.

You got a tracking anklet on him? How's that work?

PETER: We can pull a map on his movements at any time.

If he's working or with me, we don't worry about it.

When he's off the clock, he's on a two-mile radius.

He goes outside that, we get an alert.

Look, you need somebody who can sweet-talk their way

into a high-pressure sales environment.

He's your guy.

Thanks.

I got some Rangers tickets. Box seats.

You guys interested?

Okay.

Boop.

This is a boiler room scam.

We've got an office full of junior Gordon Geckos

selling bad stock.

It's a classic pump and dump.

Guy in charge buys half a million shares

of dollar stocks. Gets his boys to inflate the price

by selling it over the phone.

Then dumps his stock when it peaks,

leaving our buyers holding worthless shares.

People are losing their homes over this.

Guy last month got taken for $50,000.

He's got three kids, and no roof to put over their heads now.

The average victim of this scam loses nearly 30 grand.

So we need to shut this room down.

Room's mobile?

LANDRY: They've run this four times.

They dump the stock, move to another location.

Who's in charge?

LANDRY: That's what we're trying to figure out.

Landry's got somebody on the inside,

a female informant.

Female? How'd she work her way into the boys' club?

She hasn't.

That's why we're sending in someone who can.

Someone who can hustle with the best of them.

[♪♪♪]

I guess we won't be drawing straws.

[♪♪♪]

[♪♪♪]

You're gonna interview with a guy named Brad.

Of course his name is Brad.

You think I can keep up? Peter, I'm flattered.

Give me a break. You could sell light switches to the Amish.

Madison Cookler, that's our girl on the inside.

[NEAL WHISTLES] Yeah, exactly.

She won't know who you are.

What's her role?

The guys transfer the calls after they make a sale to her.

She takes down all the buyer's information.

But thanks to her, we know what kind of stocks

these guys are looking to hock.

We went fishing with several of our own front companies.

They took the bait on that one. Rhymer Pharmaceutical.

You got a tap on every phone in the place.

Yep. We're recording every call.

But the sales are real.

We just wanna know who's behind it all.

So do I.

What's that?

Nothing. Ahem.

For me? Peter, I didn't get you anything.

NEAL [ON RECORDING]: For me? Peter, I didn't get you anything.

We call it an Eagle.

Recorder, transmitter, GPS.

Keep it on you at all times.

Love it.

PETER: We need to cut your anklet on this one.

Love it even more. No, you don't.

After your last escape, we need a home run.

A lot of people think I made a mistake.

Let's prove them wrong.

Yeah. Or else you're headed back to maximum-security.

Glad some things never change.

[CROWD CHATTERING]

Madison, give me some good news.

Two closes, 3200 shares.

Yes. That is what I like to hear.

Don't get your hopes up. I already get dibs on that one.

Does she know that?

Since when does that matter?

[CHUCKLES]

I'm Brad. You must be, uh, Nick Halden.

Guilty as charged.

Hey, uh, your U5 says you were terminated

from Lehman Brothers.

Oh, yeah. The market crashed. Wasn't feeling the love.

BRAD: Oh, you couldn't find a job working anywhere else?

NEAL: I wasn't interested. Wanna make some real cash.

Listen, our turnover rate is huge.

High volume, high money.

You make sales, you get paid.

You know what? Don't waste time taking down client information,

just transfer it over to the girls over there.

They mop up.

It's women's work anyway, right?

Okay. Let's do this.

Hang on a second. I haven't hired you yet.

You, take a break.

Let's start your interview.

Wanna give me some numbers?

Yes, take your pick.

This 216 area code feels lucky.

You got that 216?

Cleveland. Getting ready to reroute the call, now.

Anybody in particular you want to send it to?

[♪♪♪]

Come on, newbie.

Mr. Charles Fairweather is waiting

for the deal of a lifetime.

What am I selling him? The dream.

Which today is Rhymer Pharmaceutical.

[LINE RINGING]

MAN [OVER PHONE]: Hello.

Mr. Fairweather? Speaking.

My name is Nick Halden.

I want to be your broker.

I've already got a broker.

Really? How's he doing for you?

Make you any money last year?

Nobody made any money last year.

That's not true.

If you were with me, you'd have netted 3 percent.

And that's after the crash.

I don't believe you.

If you got an e-mail,

I'll send you my earnings report now.

Biotech and alcohol were up.

How did you get my number? Your old broker.

He's not smart enough to keep you to himself.

What do you do for a living?

I'm a history teacher, but I'm not int...

"The only history worth a damn is the history we make today."

You know who said that?

I believe Henry Ford said that.

Yes. Yes, he did. And he was right.

Have you heard of Rhymer Pharmaceutical?

No.

Of course you haven't. Your job is to teach.

My job is to know about companies like Rhymer

before everyone else.

You know when you don't buy a stock?

When your cab driver tells you about it.

Now, if you'd known about IBM

before the invention of the microchip

would you have bought in? Of course.

Well, Rhymer is poised for a breakout on the same scale.

Monday, the FDA will approve them to begin clinical trials

on a quantum-confined technology that has the potential

to transform cancer medicines.

I can get you in on the ground floor.

That sounds like insider trading.

Not at all. No, it's completely legit.

Look, I pore over a thousand pages

of scientific technical BS,

so I can make you rich at 3 bucks a share.

Let's start small, okay? A thousand shares.

I double that for you next week and then we get serious.

Sounds nice. But I'd have to ask my wife.

Oh, your sale just died, rookie.

Mr. Fairweather,

if you invest, the only question you'll have to ask your wife

is what kind of hardwood floors does she want in her house.

I don't know.

Life comes down to a few moments, Mr. Fairweather.

This is one of them.

[WHISPERS] He's good.

[IN NORMAL TONE] I'm in, but let's make it 5000 shares.

Thank you. I'll transfer you over to one of our girls

and she'll take your information.

Phew.

So how did my interview go?

Yes. Yes.

Yeah. Yes. Yes.

I wouldn't be giving you this information

if I didn't feel confident enough to own shares myself.

You don't invest over the phone?

Look, the Cuban missile crisis was solved with a call.

We have to move on this now.

You don't get rich buying into a high market.

The market is down.

What do you need, an engraved invitation?

You want the good things, you gonna work harder?

No, invest smarter.

[LOUD BUZZING] Ugh, turn that down.

NEAL: College tuition is gonna be covered.

Now you're starting to talk like a smart investor.

This is a stepping stone to your first million.

I appreciate your business.

Come on, Crazy Eight. Let's go.

Crazy Eight?

No? Ah...

You land close to eight whales in one day,

you can buy your own nickname.

Time to hit the bars!

ALL: All right! Yeah!

We're not going with them. Why not?

He wants to meet you.

Who?

The man behind the curtain.

[♪♪♪]

If Caffrey goes out of range, we'll lose his audio.

That's okay. He's still recording.

That's him?

BRAD: That's Avery. Guy on the left.

The youngest guy to have a seat on the New York Stock Exchange.

The man with the plan.

He finds the stocks, fronts the cash,

we do the legwork.

Who's he talking to?

His business partner.

NEAL: Partner looks upset.

Usually, they work together.

Our room is all Avery, which is why

they're not exactly simpatico right now.

Keep that to yourself.

You must be my new rainmaker.

Yeah.

You're having problems with your associate.

Bro. I don't wanna get pinched

because you're having domestic troubles.

You've got balls.

I like that.

What my business partners and I discuss

isn't of your concern. Just go relax.

Have fun.

Not cool.

[CELL PHONE RINGS]

It's early for you to be calling it a night, isn't it?

NEAL: Yeah, well, I got the man behind the curtain.

His name is Avery Philips.

All right, I wanna get moving on this.

Meet me in the office in an hour.

I'm in your neighborhood.

Why don't we meet at your place?

My place?

Yeah. It's late for the bland bureau walls.

Besides, you got better coffee.

[SIGHS]

Yeah, I do.

Coffee, my dear.

Thank you, Mrs. Burke.

You're welcome. I was gonna be up in, what,

six hours anyways?

Thanks, honey.

All right. Let's see what you've got recorded here.

NEAL: That's him?

BRAD: That's Avery. Guy on the left.

Youngest guy to have a seat on the New York Stock Exchange.

That's a good start. Jones?

Mm. Lauren's pulling up intel on Phillips.

Check your e-mail.

Got it.

Oh, Avery's been very busy.

Yeah.

I'm gonna go rummage through your drawers

and steal your most precious belongings.

I'm kidding. I need to go to the bathroom.

Upstairs, first door on your left.

Leave the seat down when you're done.

[♪♪♪]

I'll be damned.

Everything all right?

Never been better.

Okay. Heh.

First door on the left.

[♪♪♪]

[♪♪♪]

Find anything? Oh, hey. Uh...

Maybe. Avery's credible on paper.

He runs a separate legit brokerage with this man,

Daniel Reed.

NEAL: I saw them arguing.

They're partners.

Yeah, but they don't trust each other.

Sounds par for the course. Checked with FINRA.

Their business is profitable.

But something tells me that Avery's trying to push out Reed.

They've run the boiler room scam together in the past

for start-up capital

but according to your new buddy, Brad,

this current shop is all Avery.

He's planning something on his own.

Let me wrap my head around this a second.

Let's just say I'm Reed, you're Avery.

You're trying to screw me.

Why?

Money. It's that simple?

Isn't it always?

So you manipulate your friends and people around you?

Yeah. All to get rid of you.

I never saw it coming.

MOZZIE: What's with you?

I found the ring.

It's Peter.

I'm so sorry, man. I truly am.

I don't understand why.

He's a suit.

This is what they do.

You gonna play it out?

What choice do I have?

Well, they've got you off your anklet for this one.

You could run.

I'd need some cash.

We can get cash.

But what are you gonna do?

Get the money.

We know who we're after.

Now all we need is proof that Avery is getting a cut

of the profits in the room.

Can't we get the boiler room books?

We make that request,

we tip our hand and they close shop.

No, we need another way in.

LAUREN: We set up a company they're exploiting.

How about we set up a CEO to exploit them?

Where are you going with this? Let's say

that the owner of Rhymer Pharmaceuticals

is on to the scam.

So he walks into Avery's office with a proposal:

Earning reports and a share of the profits

in exchange for silence.

We create the right back-story,

give this CEO a working history,

it could fly.

Question is who do we send?

How about you?

You look like a guy people can trust.

But I'd also believe you could be bought

for the right price.

If you played it right, I mean.

[♪♪♪]

All right, that's all.

Do we have a problem?

How would there be a problem?

No, I'm just excited to see you go undercover.

It doesn't happen very often.

It happens more than you think.

I still have some active aliases.

You're a man of many faces.

[♪♪♪]

NEAL: I appreciate your business.

I'm gonna transfer you over to my associate, Madison.

Will you hold on just a moment?

I'm about to close a sale. Cool.

Just don't transfer to Madison.

Why not? Just do what you're told.

What am I, an intern here?

I have no idea what's going on.

Avery says freeze out Madison.

Just go to Linda for now. All right.

By the way, uh,

Avery's having a party at his place on Saturday.

Clear your calendar.

You hear that?

Yeah. They're getting suspicious of our inside man.

Woman. Yeah. Woman.

I need that eBid analysis Tuesday.

Jason, Tuesday.

He's right in here.

Mr. Edison.

Glad to meet you.

[CHUCKLES]

No, you're not.

Direct. I like that.

I know what you're doing to my company.

Rhymer Pharmaceutical isn't worth all that attention.

Tell me why a guy like you is buying all those shares?

You have proof I bought any shares?

We both know how these games are played.

I may not work on Wall Street

but that doesn't mean I can't smell a shark in a suit.

You're making a move. Some kind of move.

And you're setting yourself up big.

It's what guys like you do.

Why are you here, Mr. Edison?

Bottom line? Yeah.

I want in. The money you stand

to make from taking over my company

means that you owe me board membership to your firm.

I'm not talking about controlling interest.

Just a taste of the profit.

Or what?

Or I talk to the feds.

Or I talk to the shareholders.

Do you know who I am?

Yeah. I'll give you until Monday

to give me your projected earnings.

You know what you stand to lose.

I wanna know what I stand to make.

I tell you what.

I'm having a get-together this weekend.

I'm not here to be your friend.

If we're gonna do business off the books,

we should discuss it off the clock.

Fair enough. What do you have in mind?

BRAD: Pull!

Yeah. Yeah.

NEAL: What's going on over there?

Avery's doing a little business.

Maybe you should mind your own.

[GUN COCKS]

You know, you're a little psycho.

[BOTH LAUGH]

I slandered.

Come on, Crazy Eight. You're on deck, man.

No, no. I'm cool, man. You're already loaded.

You take that shot.

BRAD: Pull!

PETER: Nice place.

Well, what can I say? I'm a boy with my toys.

What's life like without a little fun, right?

How old are you anyway?

Twenty-nine, this month.

But just because I'm ahead of the curve doesn't mean

that I can't enjoy my success.

Hm.

You wanna see something really cool?

Sure.

Come with me.

Comics.

My prize possessions.

I've been collecting since I was a kid.

You still are a kid.

Guilty as charged.

I'm Peter Pan in the flesh.

Every kid needs inspiration.

These are mine. Wanna see this one?

This is nice.

I could trade that for your car.

You like superheroes.

Those that go above and beyond what the ordinary human can do?

Yeah.

That's you,

minus the cape.

You'll love this.

This vault is completely tricked out.

If there's a fire, the room clamps down

and the air is sucked out in 10 seconds.

[CHUCKLES]

That's pretty cool.

Damn right.

You steal from me, same thing.

The door shuts,

you die with no air to hear yourself scream.

[GUNSHOT]

Whoo. Yeah. Yeah.

Mr. Edison, these are the guys.

Guys, this is Mr. Edison.

Who's up? BRAD: Nick is.

No, I'm good. You go ahead.

Dude's been passing on us all day.

I'm not really a gun guy.

PETER: That's all right. Let the grownups

play with the big boy toys.

Do I know you?

No, I don't think you do.

Nick, back off.

It's all right.

Is there a problem, Nick?

[♪♪♪]

Nick, take the shot.

Pull.

NEAL: Pull.

[PEOPLE CLAPPING]

Just because I don't like guns, doesn't mean I can't use one.

Damn.

That was crazy.

MAN: Come on.

This way.

MAN: Let's go.

[♪♪♪]

Why don't you boys keep this party going?

You can have a cocktail,

shoot something.

[GUN COCKS]

We've got some business to take care of.

Hey, man. Why is Madison here?

Just shoot some birds, man.

They know she's the mole.

Damn it.

This is gonna go bad fast.

Back my play. No.

Neal, what is wrong with you?

I saw your ring.

What? I know you've got Kate.

A lot of us have those rings.

Not now. Back my play.

Hey, Avery!

This guy's been playing you!

You got yourself a spy!

What, are you selling me out now?

[WHISPERS] Trust me. I'll explain it later.

[NORMAL TONE] I knew I recognized this son of a bitch.

What do you mean?

Search him.

[♪♪♪]

PETER: Check everything. Check his pockets.

What is that?

What is this?

AVERY [ON RECORDING]: What is this?

[CHUCKLES]

Who are you?

[♪♪♪]

Like he said,

I'm a spy.

PETER: Two years ago, this guy tried to extort me on insider trading.

You can't trust him.

Oh, I'm the one you can't trust?

That's a good one.

Who are you? SEC?

FBI?

You really think the FBI could afford a gadget like that?

No. He's a corporate spy.

Who do you work for?

Your partner, Daniel Reed.

Reed?

You think he doesn't know what you've been planning?

He's on to you for months.

[♪♪♪]

You take Madison home.

Put her into her car, give her a bottle of wine.

Tell her she's employee of the month.

How do we keep this quiet?

We're gonna put him on that trap

and launch him off the lawn.

You really gonna play the whole bad guy thing?

No. You buy him.

Flip him on Reed.

What's Reed planning?

He knows you were gonna cut him out of his half.

He hired me to find out how so he can cut you out first.

How am I supposed to flip him

if I can't even trust him?

Pay me in stock.

I help you, I get rich.

I screw you, I get nothing.

I want 5 percent.

[CHUCKLES]

The cojones on this one.

I'll give you 2 percent. Three.

Okay.

Three.

[♪♪♪]

ELIZABETH: Neal, are you out of your mind?

Peter doesn't have Kate.

You sure about that? Yes, I am.

How often is he gone, Elizabeth?

How many late nights when you don't know where he is?

Stop it. Peter is the best thing that ever happened to you.

And you're smart enough to know that.

Yeah? Well, he has the ring.

That's your evidence?

Here's the ring.

It's a 10-year FBI pin.

Put in 10 years, you get one.

Most of us have them made into a ring.

I've never seen you wear it.

It's a fraternity thing.

Come with us to the bureau commendation dinner.

You'll see hundreds of them.

Will I get one?

No.

[CHUCKLES]

I'm sorry, Peter.

I promise you, we'll figure out who it is.

Whoever it is, is with the bureau.

Yup, that is a problem.

But I need you to help me get Avery first.

Go in and play Reed against him.

Make him think his partner's betraying him?

PETER: Maybe he'll do something stupid.

Thank you, guys. It's all right.

[DOOR OPENS]

[DOOR CLOSES]

You gonna tell him you met with Kate?

I don't think he trusts me enough

for me to tell him what happened that night.

After the case, then I'll decide.

[♪♪♪]

[INAUDIBLE DIALOGUE]

Now what?

I want you to tell Reed

that we're gonna dump the stock next Friday.

When is the real dump?

This Friday.

While we're celebrating, he'll get to watch his stock

become completely worthless.

This is Brett's Hot Dogs from, I guess,

wherever they make them. I'm not sure.

Um, and that's all we do all weekend, eat hot dogs.

Excuse me.

Could you give us a minute, please?

Yeah, go ahead.

Thank you.

This better be good. It is.

You know who I am?

Yeah, you're Avery's new rainmaker.

Your partner's cutting you out.

What?

Get lost, kid.

AVERY [ON RECORDING]: I want you to tell Reed

that we're gonna dump the stock next Friday.

NEAL: When is the real dump?

AVERY: This Friday.

While we're celebrating, he'll get to watch

his stock become completely worthless.

[♪♪♪]

Son of a bitch. I'm gonna kill...

You do something, you lose your chance

to win the upper hand.

Why are you telling me this?

Figured it might be worth something to you.

Why do I need you?

Because Avery trusts me.

I'm trying to make a profit.

We can take him down. Make some money in the process.

And what do you need?

Access. I want his financial records.

Proof he's been running these rooms.

We can hold that information over his head.

Problem is I couldn't find anything

on his home or office computer.

Heh. Avery doesn't trust computers.

Says they're too easy to hack into.

But he has a ledger.

NEAL: There's no paper trail because he literally keeps it on paper.

Find this ledger, we got him.

We need to figure out where he keeps it.

I know exactly where he keeps it.

PETER: This has gotta be where Avery holds the book, with his comics.

It's a perfect location.

LAUREN: According to the company who installed it

we're dealing with a state-of-the-art system.

It's the same kind they use in the top museums.

When triggered, a polycarbonate glass wall seals the room

and then a hydraulic vacuum sucks out the oxygen.

The fire dies, no damage to what's inside.

And if I'm in there, no air to breathe.

Well, there is a kill switch, but we don't know where it is.

Wonderful. LAUREN: Yeah.

Tech lab has another cool gadget for you. This mini breather.

It'll give five minutes of air in case the system is triggered.

It'll fit perfectly in one of these.

Cigar tube, nice.

FBI's been watching Thunderball.

Breaking out all the toys on this one.

Anything happens, Jones and Lauren will be stationed

with a unit outside the property.

Five minutes worth of air? JONES: Yup.

What's your response time?

Roughly five minutes.

Roughly?

I'll be at the house to back you up

in case anything goes wrong.

How you gonna pull that off?

They're dumping on Friday.

So everyone's having a little party to celebrate.

We're both on the invite list.

So just... Just so I'm clear, um,

if anything goes wrong, I suffocate.

Then we'll make sure nothing goes wrong.

Yeah. Ha.

Or I can practice holding my breath.

You got the new Ferrari yet?

I do. Twin turbo V8

with adjustable rear spoilers.

Quite a piece of metal.

Once this deal is done,

you won't settle for the street model.

You'll be able to get the designer's

pre-release from Italy.

Ever been to the factory in Maranello?

No.

They've got their own wind tunnel. It's unreal.

What are you gonna do with your money?

Put it in a secure 401K and mutual funds.

It's all about security, bro.

I'm just messing with you, man.

I'm gonna buy a cruise ship, hollow it out

and turn it into a floating mansion.

Damn. How about you?

I'm gonna buy an island.

An island?

Yeah, I'll learn how to play the guitar and chill.

You don't need an island for that.

Don't kill the dream, broheim.

Ha.

I got dibs on that one.

Oh, yeah? Does she know that?

Since when does that matter?

[BOTH LAUGH]

You're gonna be back in time for the celebration, right?

Wouldn't want this to go to waste.

BRAD: Yes. Ha.

[♪♪♪]

No.

[♪♪♪]

Trip wire.

Must be a pressure plate.

Hey, Cruz, move your team into position.

Get ready on my mark.

LAUREN [OVER RADIO]: You got it.

[CAR HORN HONKS OUTSIDE]

Uh-oh.

We got a problem. That's Avery's partner.

Ten more minutes before we're rich.

We're already rich.

Billionaire rich, man.

Mm. Buffett rich.

Think I might wanna go to space.

Catch a ride on those Russian rockets

up to the space station. [CELL PHONE RINGING]

You do that. Excuse me.

Edison. Yeah, heads up.

Reed came through the front door.

PETER: Hold your position, but be ready to move.

You got it.

All agents, hold your positions.

REED: Avery. AVERY: Reed.

What's up? You're a son of a bitch.

Why don't you ease back on the hostility?

What are you celebrating? Huh?

We don't have anything to celebrate for another week.

We're relaxing. I figured the boys could use

a little reward for all their hard work.

No. I couldn't let this go. I know what you've been up to.

Don't you come into my house bringing all this chaos.

Shut up.

I've been talking to your spy buddy.

My spy?

My spy?

You hired him. I'm just flipping him back on you.

What are you talking about?

Now you're gonna play stupid?

You thought he worked for me?

I never hired a spy.

Where is he?

Brad, where's Nick?

Crazy Eight? He's getting busy with the...

Waitress.

He knows about the ledger.

[♪♪♪]

Suit up. This is about to get ugly.

Neal!

[AIR HISSING]

Shots fired from the house. Teams move in.

All right. We need to find the kill switch.

Take this.

No, no. We look together.

We share the oxygen until Jones comes.

Not enough time.

Five minutes for one, two and a half for two.

No, Neal. We're wasting time.

Peter, I trust you.

If Caffrey's in the vault, he's got five minutes of air.

The clock is ticking. Let's move.

[HEART BEAT RACING]

[♪♪♪]

We should go.

Hold on.

I've never seen anyone die before.

[INAUDIBLE DIALOGUE]

JONES: Now drop down your weapon!

Drop your weapon! Hands in the air!

All right.

Come on, Neal. Come on.

[GASPS] Yeah, attaboy.

[PANTING]

[CHUCKLES]

Breathe.

That was a long five minutes. Yeah.

[DISPATCH RADIO CHATTERING]

What you did in there.

Ah. I knew you'd take care of it.

You're crazier than I am.

[BOTH CHUCKLE]

You got my back, right?

There's something I need to tell you.

And I need you to listen to everything

before you react.

I don't like the sound of that.

I know what he wants from you.

Who?

The guy in the picture with Kate.

You call him "the man with the ring."

How could you know that?

Kate told me.

And now,

I'm gonna tell you.

NEAL: You talked to Kate?

The night you confronted Fowler.

Yeah, he said he was investigating you.

He is.

This picture was on my desk

the same day that you had it.

And you never said anything. What was I gonna tell you?

I recognized the ring.

This guy with Kate is with the bureau.

I started poking around, trying to figure out who it is.

It's Fowler. I think so.

Yeah, you start digging around,

that's when he bugged your phone.

The phone, the OPR investigation,

Operation: Mentor, all of it.

He wanted to know what I was on to.

And that was Kate. I passed a word to her

saying I wanted to meet, talk about you.

What happened?

[SIGHS]

[♪♪♪]

Hello, Kate.

Hello, Peter.

We need to talk about Neal.

I guess we do.

Kate, put the gun on the table.

You recognize this?

Yeah, I've got one too.

Just like Fowler. Who?

Shoot me or put the gun on the table.

It's been a while.

Five years.

First time I caught Neal.

What do you want?

Leave Neal alone.

I can't do that.

Why not? What does Neal have

that you so desperately want?

I can get it for you.

Why would you do that?

Why? Because he's good.

Because he's the smartest guy I've ever met.

And I'm tired of watching you twist his heart around.

He's my friend.

Let him go.

Neal stole a piece.

He's stolen a lot of things.

This one is special.

It's a music box.

That's my price.

Did you ever love him?

Tell Fowler I know.

And I'm not backing off.

Peter.

Don't push him.

He's controlling her.

I don't think so.

She's not working for him, Peter.

When are you gonna face the facts?

She may not be on your side.

You're wrong. Oh. Damn it,

Neal, come on.

I looked into her eyes.

I didn't see concern for you.

No. This is an angle.

She wants this music box. Do you know where it is?

I might.

Come on. You're gonna cut me off now?

I know where it is.

Good. So, what is it?

Catherine the Great had a room in her palace in St. Petersburg

made entirely of amber. You've heard of it?

Dubbed the eighth wonder of the world.

The Nazis looted it in World War II.

One of the things they took was an amber music box.

It's worth a few bucks.

Yeah,

but not enough for all this.

There's something inside it.

It's holding some secret.

I wanna see it.

I'm gonna need some time.

[♪♪♪]

Well, it's ready.

Are you running?

You folded. You're back in chains.

Yeah. I have to see this one through.

Okay. So Fowler wants the music box,

let's give it to him. Where is it?

I don't have it.

What? You told everyone you had it.

I never told anyone. Everyone assumed I took it

and I never corrected them.

It did make you appear superhuman.

Image is everything.

Now what?

Now, I find the music box.

And steal it?

Welcome back.

[♪♪♪]

[♪♪♪]