NOBODY LAUGHS AT THE JESTER! There's a new criminal in town known as the Jester, who is robbing banks with his play-time themed gimmicks. Meanwhile, at the law office of Nelson and Murdock, those present mourn the loss of Daredevil (all believing that Daredevil was Mike Murdock, the brother of Matt, who was really Matt himself posing in a third identity) Back at the Jester's lair, he boasts to himself about his achievements as a criminal. Reflecting on his past, it turns out the Jester is a failed actor, who couldn't act at all and his "big break" was being the brunt of the jokes in a comedy routine. Taking on the Jester guise and beginning a career in costumed crime is his way at getting revenge on those who laughed and mocked him. Meanwhile, crooked mayoral candidate Richard Raleigh decides that he doesn't want a D.A. that he can't control and so hires the Jester to attack Nelson so that he is eliminated from the electoral race for the District Attorney position. Attacking Foggy while he's out with Karen and Matt, Matt allows himself to get captured so that the others go for help, explaining that his "brother" Mike trained a new Daredevil. Getting away, Matt changes into DD and battles the Jester, however the crook uses his many gimmicks to put Daredevil off balance and manage to escape.