Quotes
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Niles : Oh, Frasier!
[points to a man filling a pipe nearby]
Niles : Kenneth Spencer!
[Frasier and Niles take out a small blue index card, scan its contents, and stroll over to Kenneth Spencer]
Frasier : Yes, Niles, I'm sure it was very satisfying being Phi Beta Kappa at Yale, but surely you would have been happier to wear the orange and black of Princeton.
Niles : Of course, anyone who's anyone went to Princeton.
Mr. Spencer : Excuse me, I'm Kenneth Spencer. I couldn't help but overhear you. As it happens, I went to Princeton.
Frasier : [acting surprised] No!
Niles : What are the odds?
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Frasier : Van Cortland? I thought he lost his membership in the S&L scandal.
Mr. Spencer : Actually, he was acquitted of all charges and reinstated to the club.
Frasier : Oh, he was innocent.
Mr. Spencer : No, just acquitted.
