HDD crash, can not log in but need to recover encrypted files

My friend have a computer with Win XP that got a hard disk
crash. It hangs at start up and never logs in, just stay
at the light blue win xp screen. Before that It had real
bluescreen. When I connect the disk to another computer I
can access the data, files and folders but the problem is
that my friend need to access bank information and
financial stuff on the net. So he need to log in to banks
online and all these passwords and security certificates
are encrypted, either from the web page or through
software. These files are probably spread over the dwhole
disk and it will not help to just copy these files to a
new harddisk with a working OS. My friend dont want to
spend weeks requesting new passwords etc. I need to get in
to this machine the normal way. Recover, repair and other
tools are of no help.

Online bank information ie Webpages like wachovia
banofamerica and the others are totally maintained on the
server side the only thing that you get on the client
side are cookies fior the secure site.. not to mention
that you need to authenticate to the secure site each
time you log in.

the only scenario in which he'd need to access the
opriginal files would be if he is/was using msmoney or
Quickbooks.

as for his acct information or passwords he can contact
his financial institution and they will help him set up
again.