- When a magazine journalist's life is threatened, Diana goes undercover as her assistant to protect her while Peter and Neal investigate the subject of the journalist's story: a crooked pharmaceutical company.
- Peter (Tim DeKay) gives Diana (Marsha Thomason) the U-Boat manifest and asking her to take it home and translate the entries into English. She is then to give it to Matthews. Neal (Matt Bomer) is aware something is going on. He sends Mozzie (Willie Garson) a text - "The Swap is on.". Just before they can snag her briefcase, Diana's girlfriend Christy (Moran Atias) walks up and ruins the plan. The new plan is to get a look before ithe manifest makes its way to Matthews.
A major publisher asked the White Collar division to look into one of its top journalists, Helen Anderson () about protective detail.
Anderson (who is reluctant about being protected) tells Peter and Jones a lot of her stories draw attention. She has no interest in being shadowed by Jones. Outside the office, her publisher tells them to keep her alive. He offers his assistance.
Since Anderson fired her assistant, Peter's idea is for Diana to be her next one. Diana is already a fan of Anderson's work. Diana can't let Anderson know she's an agent. She's going to have to pretend to be from Anderson's part of England. They tell her how brutal Anderson will be to work for.
Sara (Hilarie Burton Morgan) asks Neal for help beating a security system. The couple has also been invited to dinner with Diana and Christy.
Anderson tries to boot Diana for being "overqualified and too old". Diana talks her way into being hired.
Diana has two leads for the team, men named Sullivan and Vaughn. They work for one of the world's leading pharmaceutical companies, P & V.
Peter and Neal post as FDA agents and show up in Sullivan's office unannounced. Using text messages and the internet, Jones gets Sullivan's secretary to leave her post. While Peter vamps, Neal goes to the other room. He finds a memo with several redacted lines.
At the FBI, Neal peels the back off the memo. They see the drug mentioned is called Zybax.
Diana tells Peter she's battling to keep up with Anderson. While looking at one of the pictures, she realizes the people watching Anderson have a key to her residence.
Despite the danger, Anderson has no interest avoiding her own residence. Diana overhears a conversation where Anderson tells someone at P & V about how dangerous things are getting. She adds, "let's take them down."
Zybax is drug designed to combat drug-resistant infections. The company is going public this month. For for some reason, they ran a cost analysis for taking it off the market. Diana calls to say Diana's source inside P & V said people have been dying "over this."
Anderson tells Diana she's taking the night off. Diana confronts her about meeting with the source and asks to be taken along. Anderson wants Diana to move her son Charlie's party, buy him a new present, change her locks and do some translations if she wants to tag along.
Peter delegates Diana's jobs for Anderson to members of the team. Elizabeth (Tiffani Thiessen) works on the party. Mozzie does the new locks for Anderson's town house. Peter fins the present for Charlie. Anderson is stunned Diana finished everything on her list.
Since this is the first time Anderson is meeting this source, she makes Diana wait at a good distance. During the meeting, she notices a shadowy figure nearby. Diana chases the person away, but not before the source gives Anderson a flash drive.
Diana comes home to Neal and Sara waiting with Christy. Over dinner, Christy (a doctor) says she'll check the mysterious numbers on drive at the hospital the following day. Neal talks to Christy. He also searches the apartment for signs of the manifest.
Back at home, Mozzie interrupts Neal and Sara fooling around. She leaves. He tells Mozzie that Matthews must now have the list. They want to swap briefcases out at the airport when Matthews leaves town.
The source's numbers match sample packs of Zybax in the hospital database. However, P & V reps came in and swapped out Zybax for other samples of the same drug. They wonder if P & V tried to swap out a bad batch of the drug with a fresh one, using faulty packaging as the reason. Neal doesn't think they could have gotten every single pill from the original batch out of the hospital.
Anderson's source tells her he has a "smoking gun" memo. The plan is for her to get the memo herself at P & V headquarters during a launch party.
Diana tells Peter the memo is supposed to be evidence of a recall signed by Sullivan.
Peter tells Neal he's worried Anderson's source could be revealed if Anderson is being followed by P & V. Jones tells them they've discovered the leak is Casey Mendel, P & V's head of Research and Design.
At the launch party, Anderson is told to keep her distance while she meets her source. At the same time, Peter and Neal go to Mendel's home and see he's been found dead. A man quietly tells Anderson a room number where she can find the memo. Peter calls Diana to tell her the launch party was a set-up. Diana rushes upstairs. We see Anderson corned in the room by a man who pulls out a hypodermic. Just before he kills Anderson, Diana rushes in with her gun drawn and saves the day.
Back at the station, Peter tells Diana that Zybax causes brain hemorrhages when paired with certain medications. P & V's plan was to shut down Anderson and see if they could get the bad drugs off the market. Anderson stops by the office and tells her she wants her back as an assistant and offers her double what she's being paid. Diana turns her down She tells Anderson to hire back her old assistant.
Peter walks away with Diana, whispering he made sure Matthews kept the list safe. Mozzie calls Neal to tell him Matthews took an earlier flight. Neal realizes Peter is on to him.
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