Remember what I said about “brainless chickens—s”? That’s exactly how I would describe the meeting between Rawlins and Russo, talking about taking down Frank. Rawlins wants Russo to go, but he doesn’t want to “expose” himself like that (I guess talking all over cable news doesn’t count in that regard?). Russo wants Rawlins to go, but for all the “big tough guy” act, this CIA official is still scared out of his mind by the guy who took his eye.
So instead, Russo sends a squadron of his goons to invade . Frank systematically destroys them all, of course. He has an awesome new trick, too. Remembering what Micro told him about the Roman phrase “memento mori,” after killing one of the troops he turns their head into a bomb and rolls it in front of the others. After the explosion scatters them, he goes through and shoots them all one by one. He expected Billy to be there. After killing the last soldier, Frank takes his phone and calls Billy, calling him a coward. They each have bargaining chips left at this point: Billy has the Liebermans, and Frank/Micro have all the details on everything Billy did in Afghanistan (I’m sure he’s done even more atrocious things since starting his mercenary company, too). I think Billy is starting to realize there’s no way out of this for him, though he probably doesn’t quite suspect that Rawlins is planning to fully throw him under the bus to save his own skin. Billy and Frank plan on a trade — and no matter how much the former insists otherwise, Frank knows that eventually this all has to come down to the two of them.
By the end of the episode, the lines have been drawn. Micro is reunited with his daughter Leo, who now knows that “Pete” is actually the wanted vigilante Frank Castle. She doesn’t like him as much anymore, and he gets it. But at least they finally brought Dinah in too — if Micro trusts her, then she’s good enough for Frank. God knows she certainly needs all the help she can get.