Osborn and his partner, Stromm, are making some kind of formula. The former recalls that he is chewed out by his stockholders Jameson, Felicia's mother, and Kingpin for it. They have plans on replacing him as the head of the company by the time their next meeting comes. Osborn gets called by the Kingpin, who is the mastermind behind it as he's just pretending to hate it. When he is in a hurry to finish it, an explosion occurs and is presumed dead.
Just then, an enigmatic character known as the Green Goblin shows up kidnapping the stockholders.
This episode provides examples of:
- Asshole Victim: The Oscorp stockholders by the hands of the Green Goblin. He blames them all for the "death" of Norman for various reasons. In reality, although they are not directly responsible for the accident he apparently died in they are responsible for putting pressure on him and threatening to replace him with a new CEO for his failures. The closest example of this trope is Kingpin, who pressures Osborn to deliver his chemical weapon to him even as his reputation with the other stockholders is in ruins, and threatens his and Harry's lives if he fails.
- Badass Boast:Spider-Man: You're not the Hobgoblin.
Green Goblin: How observant you are! [grabs him] No, I'm not the Hobgoblin, meddler! I'm the Green Goblin, not that you'll live long enough for it to matter.
- Continuity Nod: The Green Goblin declares Mrs. Hardy guilty for causing Octavius to become Dr. Octopus for reneged his funding.
- Dramatic Unmask: Done to the Green Goblin by Spider-Man.
- Enter Eponymous
- Everyone Has Standards: Jonah, of all people, is shocked that Fisk would fire on the underwater hideout while Spider-Man was still in it.
- Hand Blast: The Green Goblin fires blasts from his fingertips, thanks to his gloves.
- Hypocrite: When reading the charges against Jonah, Mrs. Hardy, and Fisk, the Green Goblin notes how each of them condemned Norman Osborn but were in no position to judge.
- Kangaroo Court: The Green Goblin kidnaps all the Oscorp stockholders (and later Mary Jane) and holds his own trial against them and their roles in the "demise" of Norman Osborn, serving as their judge, jury and executioner. All the trial consist of is Goblin stating the charge against several of the accused with little to no actual evidence.
- Laser-Guided Amnesia: Once the gas wears off and the Goblin persona loses its strength, Norman can't remember anything that happened to him.
- Legacy Character: The Green Goblin got a hold of Hobgoblin weaponry and a costume altered by the gas leaks.
- Pragmatic Villainy: While the civilians make their escape from the underwater site, the Kingpin activates the submarine's weapons in the hopes of killing Spider-Man. Later, he backs off his scheme involving the gas due to how much attention they've attracted lately.
- Red Herring: It seems Harry has become the Green Goblin to avenge his father. Spider-Man comes across blueprints for muscle-enhancing armor to help sell this. Hearing from Mary Jane that Harry had hidden problems further raised his suspicions. Also, earlier Harry tells the stockholders that he holds them responsible for his father's death and tells them they're all guilty.
- Never Found the Body: Harry still believes that his father might be alive two weeks after the accident, stating that his body was never found. Sure enough his father turn out to be alive by the end of the episode.
- Never My Fault: Harry angrily states that if his father really is dead then all the stockholders are to blame for driving him to his death, specially calling out Jameson for writing the article about Norman's chemical weapons. After Harry leaves the room Jameson wonders aloud why he would blame them for what happened to his father. While none of them did anything direct to cause the accident they all did put massive pressure on Norman for the article, even threatening to replace him as CEO.
- Sadistic Choice: The Green Goblin dangles both Felicia and her mother over the city."Double jeopardy, Spider-Man. There's no way you can save two of them at the same time. Is there?!" [drops them]
- Split Personality: After Spider-Man unmasks him, the Green Goblin insists he is a separate being from Norman Osborn and demands to have his mask back.
- Superpowered Evil Side: Take a guess.
- Super Strength: Unlike the Hobgoblin, the Green Goblin has this—much to Spider-Man's surprise.
- There Can Be Only One: Discussed."There was only one true goblin: the Green Goblin!"
- With Great Power Comes Great Insanity: Exposure to the gas gave Norman Osborn great strength and unleashed an evil split personality.
- Wrong Genre Savvy: Spider-Man initially assumed he was dealing with the Hobgoblin. So did the Kingpin.