| 30.01.2009 - City of Fairbanks takes hit to its permanent fund |
| From Newsminer.com: In spite of losing more than $20 million in permanent fund earnings last year, Fairbanks city investments did better than most other municipalities in Alaska because of its conservative investment policy. It was better news than expected when financial adviser Jeff Johnson noted on Wednesday afternoon in a permanent fund meeting that most other investment portfolios were down as much as 40 percent last year..... Full Article: Source |