Backstabs and Safe-Box Drama: Logan Roy Ain’t Even Cold and the Snakes are Already Out at Waystar
Kendall and Roman lock Shiv out the room to grab the crown, while the real wife Marcia pulls up to throw the side-piece out on the street.

Look, let’s keep it a buck—the minute a big dog falls, the vultures are gonna start circling. That's exactly how it went down at Waystar Royco in the fourth episode, "Honeymoon States." Logan Roy is barely cold in the ground, and instead of showing some real respect, his kids and his suits are already running around like snakes in the grass, trying to figure out who gets the bag and who gets left out in the cold. It’s straight-up survival of the slickest, and nobody is playing nice.
First off, the domestic drama was wild. Marcia, the official wife who had been playing the background, pulled up to the penthouse like she never left. She didn't waste a second putting Logan’s young side-piece, Kerry, on a pack. Kerry got escorted straight to the door with her bags packed, looking like she just lost her last dollar. It was cold-blooded, but that’s how the game goes when you lose your protection. Marcia made it clear who runs the house, proving that when the king dies, the queen is coming to collect her tax.
Over at corporate headquarters, the suits found a locked safe with a piece of paper inside containing Logan’s final wishes. This is where the comedy starts, because these high-priced executives—who were shaking in their boots when Logan was alive—instantly started acting shady. The paper had Kendall's name on it, but it was underlined or crossed out with a pencil. Instead of honoring the dead man's word, guys like Karl and Frank were low-key talking about tossing the document in the toilet. They didn't want any paper trail messing up their own money, showing that loyalty in the corporate world is completely fake.
Then you got the siblings, who swore they were riding together. That didn't last long. Kendall and Roman saw an opening and immediately moved to secure the co-CEO seats for themselves, leaving their sister Shiv completely out of the loop. They tried to hit her with the smooth talk, telling her they’d let her "wet her beak" later, but Shiv knew what time it was. You could see it in her face—she knows her brothers just ran a play on her and she’s about to get left behind while they try to close the massive GoJo deal.
To make matters worse, these kids decided to trash their own father’s name just to keep Wall Street happy. The PR team came up with a shady scheme to leak stories saying Logan was losing his mind and didn't really run things at the end. Instead of defending his father's legacy, Kendall gave the green light to the hit job, telling himself it was a "ruthless move" his dad would have respected. It’s crazy how these rich kids will disrespect their own blood just to keep the stock price from dropping a few points.
But even with the crown on his head, Kendall is still hurting inside. He cornered Frank for a weak moment, crying about how his dad made him hate him and died without ever giving him his flowers. It shows that no matter how many billions you got in the bank, you can't buy your father's love, and that trauma is driving him to make some of his shadiest moves yet.
The whole episode just goes to show that the boardroom ain’t no different from the streets. You got people who swear they're your family till the money gets tight, and then the knives come out. Karl is out here taking free shots at Tom, telling him he’s nothing without Logan, and the brothers are locking their own sister out of the family business before the funeral arrangements are even finalized.
In the end, Kendall and Roman got what they wanted, but they had to sell out their sister and drag their dad’s name through the mud to get it. They’re calling it smart business, but everyone watching knows they're just running on borrowed time. When you build an empire on backstabbing, it’s only a matter of time before someone runs a play on you.
Sources: * Columbia University Center on Poverty and Social Policy, "The Intergenerational Transmission of Wealth and Family Power Dynamics," https://www.povertycenter.columbia.edu * Institute for Policy Studies, "Dynastic Wealth and the Concentration of Corporate Control," https://www.ips-dc.org * National Urban League, "Economic Empowerment and the Reality of Corporate Boardroom Diversity," https://www.nul.org

