SPECTACULAR SPIDER-MAN #261

"GOBLINS AT THE GATE PART 3: BAD BUSINESS"
Co-Plotter: Roger Stern | Co-Plotter/Scripter: Glenn Greenberg
Penciler: Luke Ross | Inks: Al Milgrom
Letters: RS&Comicraft's Liz Agraphiotis | Colors: John Kalisz
Green Goblin: Ralph Macchio | Hobgoblin: Bob Harras

The Plot: The Green Goblin prevents the Hobgoblin from unmasking Spider-Man. Grabbing both the web-slinger and Daniel Kingsley, the goblins return to Norman Osborn's waterfront hideout, where Osborn reveals that he already knows who Spider-Man is, then gets the Hobgoblin to admit that there never was any surviving journal. After showing the Hobgoblin paperwork stating that Osborn has already taken control of Kingsley Limited, Osborn declares that he no longer needs the Hobgoblin around. This prompts Hobgoblin to attack Osborn.

Meanwhile, Spider-Man comes around and breaks free of his bonds. He tussles with the Green Goblin, unmasking him and forcing him to retreat. The wall-crawler then carries Daniel Kingsley out of Osborn's warehouse, which has gone up in flames thanks to some errant pumpkin bombs from the Hobgoblin's bag. Spider-Man returns to separate Osborn and the Hobgoblin, but Osborn manages to escape. The warehouse collapses on Spider-Man and Hobgoblin, and when the webhead emerges from the wreckage, he finds that his foe has gotten away.

Days later, Roderick Kingsley relaxes on a beach in the Caribbean, reflecting on the trouble he caused himself by reassuming the mantle of the Hobgoblin. He now plans to live off his secret Swiss bank accounts, anyplace he can find without extradition treaties.