Etymology: The term applied above, in this sense, is borrowed from a fantasy creature in the Dungeons and Dragons role-playing game. Hobgoblins are savage, cruel humanoids who take by force and are just smart enough to form groups for raiding. The fantasy Hobgoblins are identified by a coat of corse orange hair covering thier oversized bodies.
The first Hobgoblin, wealthy socialite Roderick Kingsley, became the Hobgoblin after discovering a secret lair of the Green Goblin and pilfering his hideout. He upgraded the Green Goblin's weapons and paraphanelia for himself and sought to acquire wealth and power. He is currently retired in the Carribean. If the world has truly seen the last of him is unknown at this point. Subsequent Hobgoblins have included Lefty Donovan, Ned Leeds, Flash Thompson, Jason Macendale, and an unknown, mysterious fifth Hobgoblin.