Pete's professional and personal lives become more complicated as he struggles to assert power in both. While facing pressure from his wife regarding a new apartment, he further alienates Don and endangers his own position at Sterling Cooper.

As Thanksgiving approaches, Don's work responsibilities interfere with his domestic life. Peggy is given a new opportunity, provoking the ire of some of her colleagues. Betty makes a startling discovery.

Don meets up with an old friend; Pete's personal life presents problems; Joan brings her boyfriend to the office.

An edict from Roger and Lane puts Pete in a personal dilemma.

Sterling Cooper Draper Price employees resort to scuttlebutt after an agency wide meeting is called.

As the firm prepares to go public, Don and Pete's actions cause them to lose two huge clients. However, Roger uses a new connection to put them in position to gain their biggest client ever.