- Loki lets Laufey and his guard into Asgard to kill Odin.
- Once they're gone, Heimdall breaks free of the ice imprisoning him and brings Thor and his friends back home.
- Laufey smacks Frigga aside and is about to kill Odin while he sleeps.
- Loki demonstrates a last bit of sneakiness: slaying Laufey as a way of proving himself to his father.
- He then intends to turn the power of the Bifrost onto Jotunheim in order to destroy it completely.
- Thor arrives to stop him: having grown up a bit, he no longer sees destroying Jotunheim as a cool thing.
- And…fight.
- Loki's defeated, but sets the Bifrost to blow up Jotunheim, claiming that Thor can do nothing to stop it.
- Thor responds by destroying the Bifrost, which saves Jotunheim but cuts Asgard off from the rest of the universe.
- Loki and Thor fall off the Bifrost, but Thor catches Loki and Odin—awakened from his sleep—catches Thor.
- Loki, not interested in facing the music for his crimes, drops off into space.