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Sovereign Wealth Funds Briefing - Categorized | Market, Research

Permanent Fund supports terrorism? (Video)

Posted on 12 February 2010

From Ktva.com: According to KTVA-TV, Rep. Carl Gatto has floated a substitute bill that would allow Alaska’s Permanent Fund to use a list of so-called “clean companies” who do business in Iran to avoid inadvertently funding terrorism.
Gatto says that Alaska could be pumping as much as $450 million into the country through investment, and he’d like to see that number reduced. Some lawmakers wonder if the measure can really do much good because some companies, such as Shell, do business in Iran as well as Alaska………………………………….Full Article: Source

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