Bill and Katie face the Forresters, while Jackie lays down the law with Steffy.
Ridge is outraged that Bill swooped in after they were just a few minutes late on the loan. Ridge won’t allow Bill to take over, but Brooke wonders what happens if they lose Forrester forever.

Jackie assures Steffy at the end of the day Owen always comes back to her and she should not be trying to stir things up between them. Jackie suggests she find an unattached young man and states Owen has forgiven her, but Steffy isn’t convinced.

Donna and Eric discuss Katie and Bill when Ridge and Brooke walk in the office. Ridge won’t let a technicality cost them their life’s work. Gloria comes in and confirms the Forrester loan has been called in and Bill has already wired the funds to buy Forrester out of foreclosure. Ridge says if Bill thinks he is going to pull this off he is delusional and they will fight him with everything they have.
Michael comes in Eric’s office and tells everyone he tried to keep things from reaching this point, but Eric took a huge risk by leveraging the company to open a chain of boutiques. It didn't pay off and the bank now owns more of FC than the Forresters do. Michael feels bad, but it’s something they have to accept. Eric can’t do that and Ridge tells Michael to tell the bank to give them another chance or else they will tie everyone up in court for a long time.

Owen comes back to the office and Jackie tells him Steffy is concerned for his happiness. Owen assures Steffy he is fine and Jackie makes her point by kissing Owen in front of Steffy before she leaves. Steffy tells him Jackie is lucky to have an understanding husband like him, but wonders if this marriage will really give him everything he wants, as Jackie returns to listen in. Steffy tells him Jackie is incredible, but he’s being asked to accept things about her he didn’t know about. She says he is a terrific guy and deserves to be in a relationship that is equal and that fulfills him. She doesn’t think Jackie can give that to him and they share a seemingly tempting moment. She tells him to think about it and leaves.

Steffy goes to the elevator and finds Jackie coming off it. Jackie tells her she is too involved and says this needs this to be the last time she visits this building and her husband.

After Michael leaves, Bill and Katie come to the office and learn that Forrester will fight this every step of the way. Bill had no doubt, but thinks this is an opportunity for them. Katie speaks up and Donna and Brooke think she has been brainwashed, but Bill defends her. Bill is just offering to get their financial albatross of their backs. He says it's business as usual and they will now have the opportunity to become an international powerhouse again. He thinks they can all work this out with minimal executive changes. He needs to have someone he trusts in charge and names Katie as CEO, much to everyone’s shock. Ridge says Katie isn’t qualified to be CEO, but Bill thinks they don’t give her enough credit. He has the utmost confidence in her and Katie tells everyone she didn’t advocate the take over, but they need Bill’s help and as much as they hate it, it will happen. Bill says he has faith in her and she has their best interests at heart, which makes her the perfect candidate. Brooke and Donna urge their sister to turn Bill down, but Katie loves the company and urges them to allow Bill to help them flourish. As their CEO she promises to make sure nothing changes. Brooke is stunned Katie is calling herself their CEO and says, “No. You can’t do this,” and asks, “What is that man doing to you?”
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