Meanwhile, Peterman wants his day-to-day life covered in his bio; the exotic adventures are for the catalog. Elaine tells Peterman about Kramer's encounter with the gang and he suggests buying the story for his autobiography.George's choice, Steven Koren, makes a change in his plans that causes George to disqualify him from the scholarship.
The episode finishes with George trying to prove to the Van Buren Boys that he is a former member of theirs, first by attempting and failing to show them the "sign", which he doesn't know, and later by attempting (also in vain) to take the wallet of Jerry's parents as they happen to walk by.
Elaine tells Kramer that he can no longer tell his stories, since they now belong to Peterman.
Elaine tries to embellish Kramer's stories, but Peterman finds the rewrites "too clichéd and obvious." She tells him the real Kramer story that he finds much more interesting.
'Obviously, you know where it's leading, but it almost becomes this abstract idea; and then suddenly the next time you go back to the house, you have another person living with you.
"The Van Buren Boys" is the 148th episode of the sitcom Seinfeld, and name of a fictional New York street gang.