Dark Reign

Loki has joined Norman Osborn's secret Cabal. For their cooperation and services Osborn will provide them with the resources to accomplish their goals. Loki wants Asgard, back in the heavens where it belongs. When the chaos god Chthon returns, Loki acts swiftly to take defeat him. She appears to specific heroes during the Chaos Cascade as the Scarlet Witch, gathering them all in Wundagore. Together with some unexpected arrivals lead by Hank Pym, the Mighty Avengers defeat Chthon, unaware that they have become Loki's new pawns.
Loki continues with her plan to take Asgard by resurrecting Odin's father Bor. He distorts Bor's vision so that the world around him looks more deformed and grotesque. Unaware of who they were fighting, Thor and Bor battle each other until Bor falls dead under the might of Thor's hammer. Balder and Loki then appear and inform Thor that he has just killed his grandfather. Loki then reminds Balder that the laws of Asgard must be maintained, Thor must receive the full punishment for killing a member of the royal family. As prince of Asgard, Balder is forced to banish Thor from Asgard forever. Speaking to some Asgardians at a pub Loki informs them that there is another place were Asgard could dwell, in the land called Latveria, ruled by Victor Von Doom.
Loki plans on moving the Asgardians to Latveria now that Thor is banished. Loki and Balder meet with Dr. Doom at his castle in Latveria to discuss moving there. The two Asgardians are fed by Doom's slaves and Balder starts to question him on why his slaves look malnourished as he is still cautious in trusting Doom and Loki. They then discuss moving the inhabitants of Asgard to Latveria. Finally it was decided that the Asgardians who wish to move to Latveria, shall arrive via a portal made by Loki herself. Some Asgardians stay, but most follow Loki and Balder to live in Latveria under Doom.
Loki and Doom meet in the new home of the Asgardians, Latveria. Loki is now back in his male form as Thor was able to separate Sif from the body of an old dying woman. Loki tells Doom that the Asgardians love Latveria as it is much like Asgard to include the weather, structures and living under a Monarchy. Loki says everyone else is happy, then Doom asks him if he's happy, Loki then says with a grin that his happiness is just beginning.
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