Michael walked into his office and sat down on the divan, which is a kind of chair. He ran his hands through his hair – something that people tend to do when they are stressed or worried – and cursed under his breath. That presentation had been his one chance to impress the board, which is a name for a group of people who make decisions about important things. He had stayed up all night planning, but somehow it had all fallen apart (which is a metaphor* meaning that the presentation hadn’t gone well).
The worst case scenario was that he would be fired. This meant that he would lose his job and wouldn’t get paid money to go to work any more. And that would mean a change of lifestyle – no Ferrari, no Armani suits and, worst of all, no more blow. “Blow” was the name Michael called the drug cocaine, which is white powdery stuff that he liked to put up his nose.
* A metaphor is when you describe something as if it was something else, like a presentation “falling apart” as if it was a physical thing.