How a Risky State Investment in Seafood Cost Alaskans Millions and Left a Fishing Town in Crisis
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Leaders of the Alaska Permanent Fund, which pays residents annual dividends and finances government services, wanted to invest in Alaska companies. There were warning signs ahead of the bet on Peter Pan Seafood, which cost Alaskans $29 million.

https://www.propublica.org/article/alaska-seafood-company-investment-king-cove?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

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