Bob Knowlton is the head of the Millenium derivatives project at Simmons Securities. A new employee, Simon Fester, joins the group after impressing Dr. Jerrold with his knowledge of complex securities. Knowlton is initially wary of Fester but comes to appreciate his intelligence and ideas. Fester dives deeply into analyzing the group's past work and late one night excitedly calls Knowlton with a breakthrough insight that could improve their research approach.