The Permanent Fund is closing the books on its first annual loss since it was established in 1976. The $30 billion balance at the end of the fiscal year shows a $6.5 billion drop in value from last year. The loss reflects the condition of one of the five worst years in the history of US investment markets - dating back more than 200 years.Dave Donaldson, APRN - JuneauDownload Audio (MP3)
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