| 26.09.2011 - Alaska state fund owns half a shopping mall |
| The Alaska Permanent Fund, the state's sovereign wealth fund, owns half of Tysons Corner Center, just one piece of a $38 billion portfolio amassed in the four decades since the state's coffers started overflowing with oil revenue. In 1969, Alaska received a $903 million check from the first sale for oil- and gas-drilling leases on the North Slope. The check was more than five times the size of the state's annual budget..............................................Full Article: Source |