05.12.2008 - Alaska Permanent Fund takes big hit
From KTUU: The nation's economic turmoil is creating a big hit for the Alaska Permanent Fund, and it could end up being the greatest loss the fund has ever taken. The Permanent Fund Board just wrapped up a two-day meeting in Anchorage. Since Wall Street took a dive, and stocks have been down, the fund has lost about $10 billion, or 20 percent of the fund's total value..... Full Article: Source