NEW YORK, June 13, 2011 /PRNewswire/ -- In the wake of Jeffrey Scott's surprise departure from the $40 billion Alaska Permanent Fund, where he was chief investment officer, the latest issue of aiCIO magazine takes a look back at his professional accomplishments. "Although he stayed fewer than three years, Scott drove significant innovation at the Permanent Fund and it will be difficult to find a successor of his caliber," said aiCIO Editor-in-Chief Kip McDaniel. Noting that Scott opted to become chief investment officer of Wurts & Associates, a Seattle-based investment advisor, McDaniel commented, "Scott was genuinely committed to public service, but it is hard to argue with private sector salaries." The aiCIO story explains how Scott required the Alaska Permanent Fund's external investment managers to assume many of the responsibilities of chief investment officers, including educating the Fund employees and board of trustees, providing research and spearheading strategy discussi

ANCHORAGE, Alaska _ Alaska Gov. Sarah Palin is asking the Legislature to give every Alaskan $1,200 as energy cost relief. "It's a one time, special return of the vast wealth that Alaska has right now. We're returning it to the resource owners, the people of Alaska," the governor said on Friday.

By Anchorage Daily News, Alaska Apr. 10--Several legislators continue talking about the need for a state fiscal plan, even though most Alaskans would rather think about spring, dream about a gas line and watch for the next Permanent Fund dividend in six months.

By ANNE SUTTON JUNEAU, Alaska - Perhaps you know that sinking feeling when a single keystroke accidentally destroys hours of work. Now imagine wiping out a disk drive containing an account worth $38 billion.

Perhaps you know that sinking feeling when a single keystroke accidentally destroys hours of work. Now imagine wiping out a disc drive containing an account worth $38 billion.