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Flash Thompson is thrown from a window by the new Green Goblin. Determined not to allow someone else close to him die, Spider-Man rushes to the window, snags Flash with a web, and puts him safely on the roof. The Goblin pushes Spider-Man out. He manages to catch the side of the building with a web and swings down to street level. He is unable to stop himself as he heads towards a driving car. He avoids causing injuries by smashing through the back doors of the car. The driver is enraged and tries to start a fight with Spider-Man. Spider-Man apologizes and leaves. As the man drives away, he smashes into another car.
Spider-Man goes back to talk to Flash and see if he's okay. Flash is stunned over the recent events. At first he thought Harry was acting out his Goblin fantasies by dressing up as him. But this time the voice was different and he was way stronger than Harry. Harry is also missing. Spider-Man has to leave as the sound of police sirens approach. Spider-Man wants Flash to continue to believe this is the case. (No one knows that this is actually another Green Goblin).
In an abandoned warehouse, the Green Goblin talks to a hooded individual that is tied up. It is his plans to become the crime boss of all of New York. He says he's covered the face of the individual because he couldn't stand to look at his snivelling face. He does thank him for their psychiatric sessions. He leaves because he has discovered a meeting that night with the top criminals in the city.
Peter visits Aunt May in the hospital. She seems to be doing better after her attack the day before. He leaves when Mary Jane and her aunt arrive to look after her.
Deep in thoughts over the Green Goblin and all the misery he's caused him, Peter stumbles across a gangland execution. The killers are all knocked out but he finds an invitation to the secret meeting after it fell out of one of their pockets. Spider-Man plans on crashing the meeting just as Aunt May has another attack in the hospital. Mary Jane tries to call him but Peter is not home.
The criminal meeting is being conducted by Silvermane. The Green Goblin crashes through the window. He says he wants control over the criminals of New York. The criminals try to stop the Goblin but he is too quick and strong for them. Once they realize they are no match, Silvermane decides to listen to the Goblin. He tells them that he can stop the one superhero that has caused them the most problems. He says he knows who Spider-Man really is. Spider-Man is listening in an air duct and knows that he is about to be finished if the Goblin reveals his identity.