Ghost in the Shell: Stand Alone Complex Episode 23 English Subbed
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"C: The Other Side of Good and Evil – EQUINOX"
Episode Summary: The Laughing Man returns to kidnap Ernest Serano, the CEO of Serano Genomics, just as he did six years before. Returning to the café where Serano was first kidnapped, he and the Laughing Man share the story of the events leading up to the kidnapping and the events following it. During the conversation, the Laughing Man asks Serano why he never fulfilled his promise to tell the truth about the Murai Vaccine, and in response Serano informs the Laughing Man that the whole time, the Secretary General had him under house arrest. Meanwhile, Section 9 determines the Secretary General to be the man pulling the strings behind the Laughing Man scandal, and have resolved to take Serano into protective custody to obtain his testimony. When the team discovers that Serano has been kidnapped by the Laughing Man again, they mount a frantic search to find and secure him. At the end of the episode, it is revealed that the Laughing Man was actually the Major in disguise using the memories that the real Laughing Man had given her, and that the entire operation, combined with Serano's conversation with "the Laughing Man", was Section 9's plot to confirm Serano Genomics' dealings with Secretary General Yakushima.