Recap: Mark is in the penthouse, giggling and clowning around with a blonde woman he just hit the sheets with. She reminds him he promised to show her the spectacular view from the terrace...but when Mark suddenly spots the elevator button light up, he hustles her out the back exit, slapping her ass in the process. He then grabs the half empty bottle of champagne and two glasses and sneaks onto the terrace just as Alexis and Blake enter the penthouse after attending a party. Blake accuses Alexis of being in cahoots with Ahmed when he wrongly outed him as an arms deal broker...and Alexis vehemently denies the accusation - with a lot of dramatic head shakes, LOL - and chides him for always accusing her of stuff [she's actually done, but for which there's no smoking gun]. Mark sips on champagne as he gleefully soaks up the rancorous exchange...and eventually Blake gives up on the conversation and storms out.
Tracy is showering in her bathroom when a grim-faced Dex enters the room and joins her. She massages his shoulders, remarks on how tense he is, and asks him if he's still preoccupied with thoughts of Alexis. He sulks about being ignored by her at tonight's party, then poutishly adds, "No one turns their back on me and gets away with it!" He tells Tracy he wants to know every move she makes, then barks, "Understand?" and Tracy soaps his back and says when they're enjoying their sexy time, she would prefer he be mentally present with her, not whining like a scorned little bitch about getting snubbed by Alexis. He woodenly nods, and the two start going at it under the shower head.
Over at Casa Carrington, Fallon updates Kirby about the Uncorroborated Statements by Ahmed Situation, then breezily assures her that everything's going to be A-OK. Kirby asks her why she's so upbeat, then says it must be 'cause Jeff proposed. Fallon confirms that they've decided to give marriage another go, and Kirby congratulates her and pretends that by hooking up with her creepy rapist after divorcing Jeff, things have worked out perfectly for both of them.
Kirby flees to her bedroom to stare at her new gun...and when Adam comes knocking, she swiftly hides it in her underwear drawer. He informs her that he and Blake will be jetting off to the Far East in the morning, and that while he's gone she should plan their wedding and future with numerous spawn. Ew. Kirby mumbles something unintelligible, and the two start smooching and tumble onto the bed together.
Downstairs in the kitchen, Blake tells Krystle he feels bad for putting her through the terrible ordeal with the press, then grumbles about how Ahmed plays by a different set of rules. He says he's confident that the evidence is on his side, what with the signed contracts and whatnot, and insists that there was no arms deal.
Over at the penthouse, a drunken Mark bellows at Alexis to come downstairs...and when she appears at the top landing of the staircase, visibly irritated, he calls her a "world class liar" and demands a hefty payoff. He explains that he knows first hand she was doinking Ahmed in Hong Kong, and also that he overheard her offer Ahmed $5 million to kill the South China Sea deal with Blake. He reminds her that Blake isn't a typical enemy and taunts her by wondering aloud what he'd do if he knew for certain that she was behind this nefarious scheme. Alexis snappishly asks him how much his silence is going to cost her, and he just smiles in response. 100K, as it turns out.
Blake and Adam are aboard the private jet, en route to Asia...and Blake picks up the phone and barks at whoever he's talking to that he wants Rashid Ahmed tracked down asap. Adam gushes about how restrained he is for not immediately going for Alexis' throat, and Blake says he's not entirely sure she's involved in this, and has learned how important it is to be absolutely certain that he's directing his rage at the right target. He then says that Ahmed has plenty of reasons to hate him, and that he's determined to get himself out of this contrived mess that the world press has somehow swallowed: hook, line, and sinker.
Steven calls Claudia to tell her she needs to give a deposition about the recorded Matthew calls and flower deliveries so that the police can charge Morgan Hess with harassment (or whatever actual crime he's accused of) ... and Claudia is reluctant, but agrees. She then heads downstairs to the dining room, where Kirby is picking at a light breakfast of fruit. Claudia suggests they join forces and plan a surprise wedding shower for Fallon...and when Kirby makes an ew face and asks what they could possibly give a Carrington brat who's never been deprived of anything in her life, Claudia looks at her condescendingly and says, "How about love?" Kirby makes it clear she's not at all into the idea and says that since she no longer has status as a Carrington wife, she's going to say hell no to co-planning a bridal shower for her ex-husband's future wife.
Krystle is meeting with Gordon Wales from World Finance, who irritably says he got the wrong half of the story when he interviewed Blake during The Voice, Part 3 episode and declares the interview useless in terms of publishing. Krystle insists that Blake did not broker any kind of arms deal with Ahmed and snarkishly accuses him of looking to do a hatchet job. Gordon shrugs and says he's writing the article, with or without input from anyone at Denver Carrington, and warns that Blake's shenanigans are going to be this month's World Finance cover story...despite zero proof of them whatsoever. Egads!
Mark is admiring the 100K check Alexis made out to him when disgraced ex-congressman Neil McVane sneaks into the penthouse from the back door. For such a fancy building, it sure has shitty security. He snarkishly reminds Mark that they had an agreement to share any spoils that came along with blackmailing Alexis...and Mark discreetly slips his 100K check in his pocket and is all, "Uh huh.." He then tells McVane he should leave before Alexis catches him inside her penthouse...and to meet at an external location if there's ever a reason for them to talk.
McVane follows Mark to the bank and stares incredulously into space as Mark deposits his 100K check.
Steven drops by Alexis' office to sheepishly tell her that he finally found his study on the South China Sea project, the one he kept bitching at Adam for stealing, and says it had been misfiled. Boring mystery solved. Alexis is like, "Whatever, I don't give a shit" and informs him that now that she's no longer doinking Dex, he (Steven) is officially in charge of the day-to-day running of the Lex-Dex corporation. After he mopishly accepts the promotion and lumbers out of the office, Alexis gets a call from Kirby, who asks if the Paris job offer is still on the table. When Alexis says it is, Kirby says she'll swing by her penthouse in the morning and drive them to a secret location so they can chat in private. She then pulls her gun out of her underwear drawer and slips it into her purse.
Blake and Adam have arrived in Hong Kong and meet with a law enforcement official (I'll assume) who seems far too eager to do Blake's bidding. He tells Blake that Rashid Ahmed was last seen at an airfield bribing pilots into flying him out of the country. Blake grunts in response, then orders him to track down the government officials Ahmed was representing during the negotiations.
The next morning, Kirby drives Alexis to her father's bungalow, and an irritated Alexis asks what in blazes they're doing in this shitty part of town. Kirby proudly says she was born in this house, then starts nattering about Joseph and his loneliness (which he once tried to squelch by maintaining a scrapbook that documented Alexis' scandals) ... and Alexis shoots her a bewildered WTF? look and says she'd like to get down to business and discuss the Paris job offer. When Kirby ignores her and continues to natter nonsensically about Joseph, Alexis throws in the towel on the conversation and heads toward the door. An enraged Kirby opens her purse and fumbles around for her gun - but her murder attempt is thwarted when the neighborhood watchman appears at the front door. He asks Alexis if she's here to look at the house as a potential buyer, and Alexis chuckles at the notion of not living in pampered luxury in this middle class neighborhood, then asks him to please call her a taxi so she can get back to the right side of the tracks, pronto.
When Alexis returns to her office, she finds Tracy Kendall waiting for on the sofa, ready to pitch herself as ColbyCo's newest, superfluous PR person. She pretends it was a mutual decision for her position at Denver Carrington to be abruptly terminated and tells Alexis that she has the inside scoop on the inner workings of the company and had had all kinds of access to confidential information. Alexis asks her how she can be sure she won't one day sell her out, and Tracy says it's definitely possible and that, as Alexis once declared, life holds no guarantees. Alexis decides ah, what the hell and hires Tracy, who then makes a beeline to the nearest pay phone to excitedly inform Dex about her new job.
A group of Asian men who represent the unnamed government that was represented by Ahmed during the South China Sea negotiations drop by Blake's Hong Kong hotel suite to discuss the Uncorroborated Statements by Ahmed Situation. They inform Blake that they had no idea Ahmed would accuse him of investing the $100 million for arms purchases...but when Blake implores them to make a public statement to that effect in, the group's leader (Mr. Lin) says that silence is a much more effective weapon - LOL - and that he doesn't want to inflame a dangerous situation. Blake stares at him incredulously and demands to have his $100 million back - but Mr. Lin refuses and says his government has already allocated the cash to various projects throughout his unnamed country. Haha!
A drunken Mark drops by Krystle's office to schmaltzily tell her she's looking more beautiful than ever, and to announce that he's leaving Dynasty on account of his character having long outlived its usefulness back in Season 3. Krystle wishes him well, and the two share a chaste goodbye hug.
Back at Carrington manor, Jeff and Fallon joke about becoming paupers if the Uncorroborated Statements by Ahmed Situation doesn't get remedied quick. She says it's prolly not a good idea to plan a large wedding with Blake's finances so close to collapsing, but Jeff argues that she deserves the wedding of her dreams...and the two start smooching.
Fallon lunches with Alexis at La Mirage, and says that Ahmed's double-crossing of Blake may have had something to do with Blake blaming Rashid's brother Faruq for Baby Blake's kidnapping in Season 3. Fallon implores her mother to ask Rashid to rescind his false statements about Blake's $100 million, but Alexis poutishly says she has no influence over Rashid, then changes the subject to Fallon's engagement party and wedding. She offers to pay for both now that Blake has suddenly found himself on the verge of bankruptcy.
Sammy Jo makes a reappearance (yay!) and sexily greets her portly, bespectacled sugar daddy when he drops by her apartment. She clutches a glittery black dress and proudly calls herself "New York's famous new model" and thanks him for keeping his promise to launch her modeling career. Sugarpops winces and is like, "Uh, about that.." and tells her that the cosmetics board recently convened and decided to cancel the campaign for which she was to get an exclusive contract. She freaks out, accuses him of not fighting hard enough for her, and threatens to tell his wife about their icky extramarital arrangement. She then steps aside as her stunt double is inserted into the scene to absorb several nasty looking backhands across the face from Sugarpops. He calls her "a little whore", tells her she's way out of her league, and warns her to keep her mouth shut.
Sammy Jo calls Steven as he and his wife-beard are getting ready for bed. She asks him how Danny is doing, fibs about landing a fabulous modeling contract, and promises to keep in touch. After the call, Steven tells Claudia what Sammy Jo said...and Claudia wonders aloud why his skanky ex-wife would suddenly want to be in touch after all this time. My best guess is that she finally got some time off from filming T.J. Hooker.
Blake tells Fallon he's pretty sure he'll get his $100 million back and therefore insists on paying for an extravagant wedding. Fallon apologizes for ever doubting him, then excitedly heads upstairs to work on her guest list. Blake gets all schmaltzy with Krystle, who chides him for treating her like a child and not being straight with her about the situation with his finances. He stares pensively into space for a few seconds, then admits that, yep, time is running out...and if his creditors were to call in the $100 million loan, he'd definitely lose Denver Carrington. Krystle stares at him worriedly and leans against him in a comforting cuddle. Ew.