"Hooray for the Conquering Hero!"
The world considers Iron Man a hero for his defeat of the Titanium Man, but inside, Tony Stark is torn over the severe injuries suffered by Happy Hogan, and how he must perpetuate the lie that makes the woman he loves, Pepper Potts, hate him. The Countess Spiroza is still scheming her vengeance at Tony Stark and the Mad Thinker is the perfect accomplice.
"The Sleeper Shall Awake!"
Finally back to the modern day, Captain America concludes his WWII stories for the members of the Avengers. His story telling has jogged his memory, though, of a cryptic comment made by the Red Skull in the closing days of the war, "there are 3 sleepers...and when they awake, the Third Reich will rise again!". Elsewhere in Europe, the first Sleeper is unleashed and Agent Two moves to unleash the second.