After the disastrous party, Arnie vents on his actors individually. Struggling to raise capital on his vastly over-budgeted costume film, he decides to drown his sorrows, yet Maud is isn't ready to give in and later surprises Arnie when she informs him that Mr Crane has decided to give them the loan after admitting he found the party enjoyable. Meanwhile, Letty is heartbroken when she disovers what Arnie really had in mind. Just as things start to pick at the studio, a disaster occurs that looks set to turn all their dreams into ashes.