 Still out of a job, Peter decides to buy a fishing boat and become a deep sea fisherman. The fish aren t biting, however, and the loan company is threatening to foreclose on Peter s house if he can t repay the money he borrowed to buy his boat. He hears about a $50,000 reward for catching the famous man-eating fish, Daggermouth, so together with Joe, Cleveland and Quagmire, he goes in search of the killer. Meanwhile, Lois shows Meg how to party like a pro at Spring Break.