< Previous week
 Recaps for Y&R Recaps: The week of November 22, 2010 on The Young and the Restless
Following week >
Share this story
Monday, November 22, 2010

At Adam and Skye's suite, Skye hovered over her laptop and enthusiastically announced that their fund's investment growth was amazing. Adam, glum, approached Skye with a file folder in his hands. Skye rhetorically asked why they'd even wasted their time with poker because the fund had proved so lucrative. Adam suddenly announced that the fund was all hers as he plopped the file folder onto the desk next to Skye's laptop. Adam explained that he'd signed off on his half of the fund, so it would become Skye's after she signed the document. Skye stared at Adam in amazement.

Adam calmly explained to a stunned Skye that he was leaving and could have chosen to take half the fund but preferred to sign it over to her. Adam encouraged Skye to take it all because she loved the fund, and he did not. Skye irately warned Adam not to turn his back on her. Adam packed his bags and advised Skye to cut her losses and sign the document. Enraged, Skye collected an armful of Adam's clothing and threw them out into the hallway. Skye furiously cried, "You don't get to walk away -- not from me!" Skye continued yelling at Adam as she tossed his belongings out the door.

Adam remained stoic as Skye screamed, "I saved your ass. You'd be rotting away in prison if it weren't for me." A security guard heard the ruckus, entered the Newmans' suite, and told Skye to go with him. Adam instructed the guard to keep Skye downstairs while he packed. Before the guard could whisk Skye away, a process server entered and handed Skye divorce papers that Adam had filed. Skye told Adam that he was an idiot for going after Sharon because she'd testified against him and was back with Nick.

Skye's face reddened as she screeched, "I saved you! I made you! I bought you, and I own you!" Adam calmly responded, "The company is yours, Skye. Consider us even." As the security guard pulled Skye out of the room by her arm, Skye thrust the divorce petition onto the floor and yelled, "You're never getting rid of me -- never!"

Adam didn't notice a graph on the computer monitor displaying the current standing of the Newman Fund's investments. The graph depicted a downward-racing crash. Downstairs in the lobby, two guards blocked Skye's path to the stairway. Skye received a call from her broker about unusual activity on the Newman Fund. The guards checked with Adam before allowing Skye access to her suite. Skye frantically typed at her keyboard while shouting commands to her broker over the phone. Skye told her broker that the fund didn't have enough liquidity to cover its losses. After her call ended, Skye ordered Adam to help by calling investors. Adam replied, "It was a great ride, Skye, but you've got to know when to get off."

Skye was devastated after she learned that the Newman Fund was dead. Skye blamed Adam, who flatly denied the charge. Skye pushed Adam threateningly and called him a liar. Skye was livid and yelled that she'd been left with nothing but investors who'd want their money back. Adam attempted to calm Skye and told her that he'd wanted out for a long time.

Skye yelled, "I meant it before. I own you! If I go down in flames, I will drag you down with me!" Adam pleaded with Skye to shut up, but she kept yelling and charging at him. Adam raised his voice, pointed his finger at Skye to reinforce his point and said, "I told you before that if you pushed me too far, I would snap. You are pushing me now!"

At the Genoa City Athletic Club, Victoria told Billy that she was eagerly awaiting a call from J.T. confirming that Reed would be with her for Thanksgiving. Billy commiserated with Victoria's feelings of apprehension and noted that they needed Reed there because Chloe would have Delia. When Victoria heard the ring of a cell phone, she jumped. However, Chloe was phoning Billy. Chloe explained that Billy was needed at the magazine to deal with angry advertisers who weren't pleased with the issue that had featured Skye. Jack and Phyllis were standing nearby, so Billy entreated Phyllis to tag along with him. Just before Phyllis and Billy exited the club, Billy suggested another blockbuster cover that would feature Daisy and her belly. Phyllis laughed sarcastically and scoffed, "Like hell we are!"

Victoria stayed behind with Jack and mentioned her frustration that the forensic accountants had not yet found anything askew with Newman Enterprises' records. Jack responded, "It takes time to peruse every corner of your father's empire." Jack added that the accountants' findings would soon allow Victoria to file a lawsuit. Victoria warned Jack that her father would want payback. Jack assumed that the Newman family didn't plan to gather for Thanksgiving, and Victoria confirmed Jack's belief.

Victoria said she and Billy were excited to spend the holiday together. Jack invited Victoria to his house, but Victoria explained that she and Billy hoped to share the day with Reed. Jack said he was excited to have Kyle home. As Jack walked away, he received a call from his broker warning that the Newman Fund was crashing. Jack quickly realized that Victor had duped him.

Michael entered Victor's office just as Victor instructed a man to follow his forthcoming instructions. Michael asked Victor what he'd meant when he said, "It will be a great pleasure to pull my money out of that Newman Fund." Victor admitted that he'd secretly invested a great deal of money in the Newman Fund. Victor explained that he was about to pull the plug and watch Adam, Skye, and Jack go down with the collapse. Michael warned Victor about legal ramifications, but Victor aimed his cursor at an online command that confirmed his withdrawal from the hedge fund. Michael realized that Victor had been plotting all along to take down the Newman Fund for revenge. Victor claimed that his actions were justice. Victor cried, "Every minute Adam has spent outside a jail cell is an egregious front to those he's hurt so badly."

Michael seemed tense as Victor explained that he and Jack had been working together to destabilize the Newman Fund. Michael realized that Victor and Jack knew which investments Skye and Adam intended to sell, and Victor had carefully orchestrated his investments in order to net a large profit from the aftermath. Victor explained that Jack had invested millions into the corporation but didn't know his partner intended to pull out immediately. Michael realized that Jack's investment was about to nosedive into disaster. Victor smiled maniacally and winked knowingly at Michael.

On Victor's computer monitor, Michael watched a graph that depicted the standing of Victor's investments. The graph raced upward as Victor's plan to glean profits from the failing Newman Fund reached fruition. Victor noted that Skye and Adam's brokers were hastily selling their largest positions. Michael noted that numerous investors, including Jack, were losing everything. Michael poured drinks for himself and Victor and warned that the Securities and Exchange Commission would investigate. Victor sipped his drink and coolly noted it was the reason he had Michael on retainer. Michael steeled himself with a drink and noted that investors would also blame Victor for their losses.

An enraged Jack suddenly burst into Victor's office and asked, "What the hell is going on? Why would you do this?" Jack noted that his and Victor's plan to implode the Newman Fund was set for January. Victor barked that there was no reason to wait. Jack cried that his money was still invested in the fund.

Jack quickly took a seat facing Victor's laptop and attempted to access Skye's computer. Jack typed some keys and said, "Let me see what kind of mess you made." Jack discovered that his password had been denied, and he reminded Victor that they wouldn't even have access to Skye's computer had Jack not tapped into it. Jack was livid. Michael picked up his briefcase and left.

Jack phoned his broker, Pete, and ordered him to salvage Jack's investment because he was losing millions. Jack told Victor he realized it had been Victor's intention to stick it to him from the very beginning. Victor claimed that the timing was right to pull his funds. Jack raised his voice and reminded Victor that their friends and colleagues had sustained substantial losses. Peering over his reading glasses, Victor hatefully replied, "These are your friends, your colleagues, and you solicited them for funds."

Jack asked if Victor's ultimate intention had been for Jack to lose money and credibility instead of punishing Adam for what he had done to Ashley and Sharon. Victor maintained that Adam had deserved a beating and had gotten it. Victor added, "You turned both my daughters against me. I hope both you and Adam realize that actions have consequences, Jack."

Jack clenched his jaw and shook his head in dismay. Victor accused Jack of persuading Victor's daughters to file a lawsuit against him and encouraging them to steal Beauty of Nature. Jack blamed Victor for bullying his daughters and manipulating them. Jack maintained that Victor shouldn't be surprised that Abby and Victoria had chosen not to crawl at his feet and become his clones. Jack added fuel to the fire by claiming that Victoria and Abby had rebuked Victor.

Victor menacingly confronted Jack and asked him why he always used Victor's family to get back at him. Jack claimed that Abby and Victoria had instead used him to get back at their father. Jack threatened to enlist Victoria and Abby's help to nail Victor and take far more than just Beauty of Nature. Victor told Jack he wouldn't get a dime.

Victor ordered Jack out of his office. Jack paused in the lobby to phone his broker, Pete. Jack ordered Pete to buy out what was left of the hedge fund. Jack explained that he aimed to save the other investors from financial ruin. Jack added, "I am going to play Dr. Frankenstein and bring this monster fund back to life!"

At Nick and Sharon's house, Nick pleaded with his fiancée not to take off by herself. Sharon insisted she'd be fine. Nick reminded Sharon that they'd planned to share the news of their engagement at Thanksgiving. When Nick asked Sharon if she regretted accepting his proposal, she claimed she'd long desired to have her family reunited. Sharon claimed she needed time away because she and Nick were hurtling into their future so quickly. Nick offered to move back to the tack house with the kids to give Sharon some space.

Sharon experienced flashbacks of the day she'd found a bracelet from Fenmore's that she hadn't paid for in her purse. Nick seemed confused as Sharon claimed that though everything seemed perfect, she didn't understand why she felt uneasy. Nick demanded to know what had prompted Sharon to run away. Sharon explained that their changing relationship coupled with the past heartbreaks they had endured was weighing on her mind. Nick recalled the heartbreak of losing Cassie. Sharon remembered her and Nick's crumbling marriage after Cassie's death. Sharon somberly reminded Nick that she'd later lost control of herself when Faith was born.

Nick asked Sharon if she was losing herself again. Sharon explained that reestablishing their relationship seemed natural and inevitable, but she needed to know that they'd be together forever. Nick told Sharon that he couldn't stand to lose her. Sharon promised Nick he wouldn't lose her just because she was going away for a few days. Sharon encouraged Nick to leave the house for a while and think about what she'd said. Before Nick left, he maintained that when he returned, he'd still want Sharon to stay.

At the offices of Restless Style, Chloe greeted Phyllis and Billy by relaying advertisers and readers' complaints about Billy's decision to feature the poker-playing wife of an accused murderer in the magazine. Chloe agreed with Phyllis, who protested Billy's plan to feature Daisy in the next issue. Billy explained that the story would be about Daisy's victims. Phyllis vehemently refused to feature a story about Daisy, Daniel, or Daisy's baby. Billy threatened to print the story unless Phyllis could find a better one. Phyllis picked up her purse and scurried out the door.

After Phyllis left, Billy entreated Chloe to talk to Phyllis about his plan to feature Daisy in the magazine. Chloe sarcastically noted how much Daisy's child would someday appreciate facing the past involving her mother, the psychotic killer. To make her case stronger, Chloe added how much Delia might relish having her parents' convoluted histories archived for eternity. Billy acquiesced, and Chloe noted that Victoria had changed him for the better.

Victoria arrived and was devastated to learn that J.T. was keeping Reed for Thanksgiving. Billy pleaded with Chloe to let Delia spend Thanksgiving with him and Victoria at their house. When Victoria's back was turned, Billy promised to let Chloe have Delia at future holiday gatherings in exchange for Thanksgiving. Chloe mentioned that her distressed extended family needed the forthcoming holiday with Delia. Chloe refused Billy's request. Victoria overheard and told Billy that their alter egos "Jim and Margaret" would be just fine, and she kissed Billy.

Phyllis took a break at Crimson Lights and found Nick there. Phyllis asked Nick to let her know how Summer reacted to the news of his engagement to Sharon. Nick hesitated a bit as he explained that Thanksgiving might not be the announcement day because Sharon was going out of town for a few days. Phyllis replied, "As if you didn't have enough reasons to hate Adam." Nick promptly replied, "What does Adam have to do with it?"

Nick asked if Adam was the reason Sharon was leaving town. Phyllis claimed that Nick had mentioned Sharon getting cold feet. Nick denied mentioning anything about Sharon getting cold feet and insisted that Sharon's decision had nothing to do with Adam. Phyllis rejoiced that the issue at hand had nothing to do with her. Before Nick left, he told Phyllis he'd let her know about his final plans for Thanksgiving.

Michael ran into Nick, but Nick rushed past him. Michael joined Phyllis, who explained that Nick was dealing with Sharon and all the angst their relationship entailed. Phyllis claimed that being with Jack was great because he didn't play games. Michael shot back that Jack did play games and was losing badly. Michael never mentioned Victor's name, but Phyllis understood Victor's overriding desire to smite Adam and leave Jack swinging in the breeze. Michael changed the subject and announced that he and Lauren were going out of town for Thanksgiving. Before Michael left, Phyllis told him to wish Lauren a happy Thanksgiving.

Phyllis phoned Jack and left a message telling him that she'd heard about what had happened with the Newman Fund. Adam showed up. Phyllis stood near him and offered condolences on the loss of the hedge fund. Phyllis continued to taunt Adam and suggested that he probably felt as empty as a woman who had just given birth and been told that her baby was dead. Phyllis suggested that Adam might have a shot with Sharon because she'd postponed her engagement announcement.

Adam attempted to ignore Phyllis, but she claimed that Adam seemed overly pensive about Sharon. Phyllis mentioned how odd it was that Sharon would be all alone because she didn't plan to spend Thanksgiving with Nick. Phyllis suggested that a gallant fellow should swoop in and save Sharon. Phyllis suddenly remembered Skye and asked how she was. Adam hesitantly admitted that Skye was no longer an issue. Phyllis cried flippantly, "Well, happy Thanksgiving to one and all."

After Nick returned home, Sharon had her bags packed and told Nick she didn't want to hurt him. Sharon insisted that her leaving wasn't related to Adam. Nick looked crushed. Sharon claimed she needed time to work things out before returning home. Nick promised Sharon that they could make it work forever. Tears welled in Sharon's eyes.

Nick told Sharon that she needed certainty if they planned to make it work. Nick promised Sharon that when she returned, she'd see how amazing their lives would be together. Sharon promised to let Nick know how to contact her. Sharon added, "Just tell the kids that Mom needed a little vacation and will be thinking about them all the time." Nick replied, "While you're thinking of them and us, think about what Cassie said about Faith and the family that we'd have. That it's forever." Sharon kissed Nick before she walked away.