Despite it being Fashion Week, Pete (Tim DeKay) and Neal (Matt Bomer) have more important things on their minds. Well, one of them does anyway. Leave it to Neal to see that models are the first to grab a taxi before the Feds do. When Pete mentions they have someone who needs them, Neal uses his skills to grab the very next cab. Note to self — flash cash at the drivers and they pull over! What a useful tip.
After bringing down the Dutchman ("Pilot"), a new villain awaits capture. His name? The Ghost. Sooner or later, there is going to have to be a female baddie, but we're just two episodes into the season. The Ghost is into counterfeiting, but there's a little uncertainty as to exactly how. He is, however, ruthless, which is why the meeting at the office is so critical. Anyway, Tara is a witness to the Ghost killing someone off, and it scares her so much that she goes immediately to the authorities. When she leaves, Neal comes up with a plan — throw a party so lavish the Ghost has to show and Tara will make the identification. Of course, FBI personnel are surrounding the area to make sure Tara is kept safe.
Elizabeth (Tiffani Thiessen), Pete's wife, gets involved in the case as well. She's an event planner, so her career is a big help. She shows Pete she stands behind the work he does with a gift of a watch. Something which is "him." There is also no mistaking her determination to make sure everything works out by insisting he be home for dinner.
Mozzie (Willie Garson) has some great scenes as he tries to help Neal find Kate, Neal's longtime girlfriend. Neal is starting to think she left him a message, which security tapes from the jail when she last visited prove. Something ties back into the bottle she left as a goodbye present ("Pilot"), but what? So far, the question has yet to be answered.