Jerry Lundegaard (William H. Macy) has big money problems and hires two thugs, Carl Showalter (Steve Buscemi) and Gaear Grimsrud (Peter Stormare) to kidnap his wife, demand a ransom from her wealthy father Wade Gustafson (Harve Presnell), and secretly split the money with them. Carl kills Wade for refusing to give him the ransom money but not before he shoots Carl across the face. Carl survives but is bleeding heavily, he takes the money and buries it in the snow. Carl arrives back at the hide-out and finds that Gaear has killed their hostage, Jean Lundegaard (Kristin Rudrud) because she made him mad. Carl gives Gaear a small amount of money and goes to leave when Gaear comes out and kills him with an axe. Marge Gunderson (Frances McNormand) follows the clues through-out the movie and arrives at the lake to the hide-out to find out that Gaear has almost finished stuffing Carl's body through a wood-chipper. Gaear takes off, but Marge shoots him in the leg and arrests him. Jerry gets arrested in the end as well. There's no mention on whether the money Carl buried was found or not.
Thanks, Andrew!