Jim, Tony, Louie share their past, as to what led them to where they are today.
After Reverend Jim's building get's knocked down he movies in with Louie, unfortunately for Louie he asks Jim to cook something for dinner.
Louie's ecstatic at the prospect of raking in the dough once again by betting against his favorite loser in the ring when an All-Pro athlete inspires Tony to get into shape and have his boxing license reinstated.
Elaine decides to treat herself to an expensive hairstyle, but the results leave her in tears. Uncharacteristically, Louis leaps to her defense, but Alex persuades Elaine she needs to stand up for herself.
Tony invites Alex to make up the numbers for a double-date with two attractive twins. Matters take a turn for the worst when the Rev. Jim turns up unexpectedly and Alex spots his ex-wife Phyllis, fresh out of her second divorce.
A young runaway wreaks havoc at the Sunshine Cab Co. when Alex and Elaine encourage the lad to return home. Jim wants to adopt him, and Louie wants the youngster jailed for not paying his fare.
After leaving the garage six months ago to pursue his acting career, Bobby Wheeler returns with news that his pilot has been picked up. When he later learns that his part was recast, he is afraid that he might have to beg Louie for his job back.
A jubilant Tony returns to boxing as the manager of a young heavyweight, thrilling Louie who anticipates recouping his wagering losses to Alex by betting against Banta's boxer.
Louie is not pleased when his mother decides to get remarried - so he takes up residence at the garage.
When his father returns to the garage for a visit, Alex is once again reluctant to have a relationship with him. They meet for dinner and his father helps set him up on a date with an attractive woman only to ask her out himself after Alex leaves.
When Latka begins to exhibit multiple personality disorder again, Elaine refers him to a therapist. As a result of the first session, he takes on a new personality: Alex Rieger.
Jim turns into a soothsayer when he warns of a bizarre catastrophe to befall Alex that also involves an affair with a beautiful blonde.
Latka creates a suave but obnoxious alter ego, Vic Ferrari, to help him score with the ladies. However, nobody likes his new persona, and Alex tries to convince him to bring the old Latka back.
With the Sunshine Cab Company still closed, the former employees continue to share stories of their new jobs.
After the Sunshine Cab Company goes bankrupt, the gang decides to meet at Mario's a month later to tell stories about their new jobs.
After reading the newspaper and seeing another nasty review of a play by powerful critic, John Bowman, Bobby decides to compose a letter attacking Bowman, only to reconsider and throw it in the trash.
A loud taxicab driver (Queen Latifah) has hot tips for a cop (Jimmy Fallon) who is trying to solve a string of New York City bank robberies committed by a gang of female bank robbers.
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