The original fund was banned from investing in the stock market.  It began with a small amount allowed to be put into play, but soon expanded to the current percentage all at risk and without any real Alaskan control.  Once that door was opened by the legislature and governors, the looting began by the Wall Street Barons.  Instead of solid investments of guaranteed return, the fund was placed at the mercy of the Big Casino ruled and manipulated by the the same corrupt Oligarchy.  The final nails in that coffin will be driven by the current idolators of all things Free Market and paper value created by the same thieves ensconced in the pillars of Capitalism.