Alaska Permanent Fund loses $2B since June 30

Alaska Permanent Fund loses $2B since June 30

August 10, 2011, 1:59 pm

If you think your retirement account has taken a hit with the wild swings on Wall Street, consider this. The Anchorage Daily News reports the Alaska Permanent Fund's value dropped more than $1 billion Monday when the Dow Jones Industrial average fell 634 points.