The episode begins with Holmes having a phone conversation with Moriarty, and Watson recording the conversation. Moriarty thanks Holmes for passing on his messages to Moran. He tells Holmes that people come to him with various jobs, and he gets it done for them. Holmes is not interested in what he does. The only thing Holmes wants to know is whether he (Moriarty) killed Irene Adler. Moriarty tells him that he is aware that this question has been haunting him for years. He tells Holmes that he will answer her only if Holmes helps him with a case. He wants to hire Holmes as an investigator. ..Read the full recap
(Watson wants to know more about Irene)
Sherlock: She was American.
Sherlock: I held it against her only briefly.
Capt. Gregson: There's something you gotta try to understand. Guys like him, they walk between the raindrops. They don't get wet. People like you, do. People like his ex-girlfriend, do.
Watson: So you're concerned about my safety?
Capt. Gregson: In case you haven't noticed, a lot of bodies've been dropping around our boy as of late.
Watson: You're in the danger zone also.
Capt. Gregson: I've been a cop for thirty years. I carry a gun.
Watson: And a penis.
Sherlock: Watson...Most puzzles, I see from the outside, and it gives me a certain clarity. I am right in the center, of this one...It has blurred my vision, to say the least.