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Door ajar: Permanent Fund board left its executive session on topic of leaks open to the public

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Door ajar: Permanent Fund board left its executive session on topic of leaks open to the public


Yesterday, the Alaska Permanent Fund Corporation (APFC) Board of Trustees held an emergency special meeting to discuss the leak of emails to the Alaska Landmine.

The emails obtained by the Landmine showed that Trustee Ellie Rubenstein had set up meetings with Permanent Fund staff and her billionaire father David Rubenstein, as well as money managers who are investors in her own private equity fund.

After the public portion of the meeting, the board voted 4-2 to go into executive session to discuss the leak. Interestingly, Board Chair Ethan Schutt, along with Trustee Craig Richards, voted not to take up the matter in executive session. Trustees Adam Crum, Jason Brune, Ryan Anderson, and Ellie Rubenstein voted to go into executive session. Four votes are required on the board for a majority.

During the public portion of the meeting, Crum and Brune defended Rubenstein. But Richards, without naming Rubenstein directly, was critical of her interactions with staff as well as her attempts to directly engage money managers on behalf of APFC. The discussion and vote for executive session demonstrated a clear divide on the board.

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The meeting was held virtually on Webex. The executive session portion of the meeting was supposed to only include board members and some staff, but for unknown reasons members of the public were able to attend. This allowed members of the public to observe what should have been a closed executive session. This was akin to a door being left open in the Capitol during an executive session of a committee, allowing anyone outside to listen in.

A member of the public who attended the entire two and a half hour executive session provided extensive notes to the Landmine. The source also provided multiple screenshots of the executive session, proving that they were able to attend. We have redacted their name to protect their identity.

Rubenstein, who remained quiet during the public portion of the meeting, became animated during executive session, according to the notes.

The notes suggest a high degree of palace intrigue within the Permanent Fund board and staff. For example, at one point APFC CEO Deven Mitchell and Scott Balovich, the head of IT for the APFC, were asked to leave the executive session at the request of Rubenstein, according to the notes.

After Mitchell and Balovich left, Rubenstein said she was surprised that they had not been more concerned about forwarding APFC emails to personal email accounts. Richards then weighed in, saying that staff are “covering their ass” by documenting things. Richards also said he was more concerned about employees feeling uncomfortable than about the leak itself, according to the notes.

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Mitchell and Balovich leaving meeting. The other man is a lawyer with the Dept. of Law

There was discussion about the original Landmine story, and speculation about which staff could have been the source of the leak, according to the notes. There was also discussion about a possible external investigation into the leak. Oddly, the notes do not indicate any substantive discussion about the content of the leaked emails. Instead, the meeting was intensely focused on identifying the source of the leak.

According to the notes, Brune and Crum seem to think CEO Deven Mitchell was the source of the leak. Rubenstein then voiced concern about staff writing unsecure memos. She then asked Richards for his opinion, and mentioned that they had gone out of their way to not put their suspicions about Mitchell in writing, according to the notes.

Crum and Rubenstein then both voiced concerns about staff, according to the notes. Crum said that he no longer wants to have one on one meetings with staff. Rubenstein then stated she has issues with the CIO, Marcus Frampton, and does not trust him to handle private equity.

Earlier in the executive session, the notes stated Rubenstein expressed frustration that some staff may have transferred APFC emails to private email accounts. Extensive discussion followed regarding IT policies about emails, according to the notes. Rubenstein mentioned that the Securities and Exchange Commission (SEC) does not allow forwarding emails to private accounts, and accused Frampton of having done so.

Brune referenced an email he sent to Mitchell with a list of questions about the source of the leak, according to the notes. Mitchell said he asked all the staff who received emails if they were the source of the leak. They all said no.

Rubenstein then asked if “Rachel” was the source of the leak. It’s unclear who Rachel is, but Balovich responded that she did not show up on the Exchange system, according to the notes.

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The notes also stated that Anderson asked whether possessing the leaked emails was a crime. Mitchell said that that was Rubenstein’s concern as well. But Mitchell indicated that he felt possession of the leaked emails itself was not a crime, but that the release of the emails may have been a crime, according to the notes. Mitchell also said he hoped there was not someone in the organization trying to undermine it.

The notes stated that Rubenstein expressed concern about staff making “unchecked allegations.” She went on state that there had been no head of private equity for nine months, and that Frampton had worked to undo relationships. She said it was “baseless” to conclude that she had pressured Frampton into investing Permanent Fund money into companies she’s connected with. She also said she had no idea a Permanent Fund staffer had met with Carlyle, according to the notes. Schutt then weighed in, saying that she was straying from the executive session topic.

The notes state there was extensive discussion about whether to issue a statement that the board had conducted an investigation into the leak. Mitchell pushed back, stating that that an IT review had been done, not an investigation.

Rubenstein asked if there was a way to check if personal cell phones had been used to forward emails, and added that it appeared someone had taken photos of the emails, according to the notes.

Brune asked if a search had been done to see if anyone “was stupid enough” to email Jeff Landfield. Balovich said it had not been done, but they could, according to the notes.

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Brune also seemed to want to look at who has cultivated relationships with Jeff Landfield, according to the notes.

Yesterday, the APFC issued a statement that they were aware the public had been able to access their executive session.



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Sullivan ‘side-deal’ not enough to save rural Alaska public broadcasting, opponents of Trump proposal to funding cut say

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Sullivan ‘side-deal’ not enough to save rural Alaska public broadcasting, opponents of Trump proposal to funding cut say


ANCHORAGE, Alaska (KTUU) – Hours before the Senate is set to vote on President Donald Trump’s $9.4 billion proposal to cut funding for public broadcasting and foreign aid, opponents said Sen. Dan Sullivan’s negotiation with the Trump administration – which a spokesperson for Sullivan argued Tuesday night would preserve rural Alaska stations – would not be enough to save them, arguing it only amounted to a one-time check to Tribal public media stations.

“I think with a side deal like this, [with it] not in the underlying legislation, it is not going to be an amendment, so we are sort of relying on different sources both within Congress and the [Trump] administration to talk about what they’ve said they’ve agreed to,” Kate Riley, CEO and President of America’s Public Television Stations said.

But details of how the deal could potentially impact Alaska remain unclear.

Sullivan’s Tuesday night statement announcing the deal, from the senator’s spokesperson Amanda Coyne, did not clarify the framework of how the funding would be allocated.

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“Because of the importance of public radio for rural Alaska, for years Senator Sullivan has been an advocate for funding for our rural stations, and has been working for the last number of weeks with his Senate colleagues and senior White House officials on alternative sources of funding to help keep rural radio stations on the air,” Coyne said. “Today, the administration committed to continued funding to help support our most rural stations.”

“As I understand it, there are no officially recognized ‘tribal’ stations in Alaska,” Alaska Public Media President and CEO Ed Ulman told Alaska’s News Source Wednesday. “Only Koahnic Broadcasting Corporation, which operates KNBA, is owned and operated by Alaska Natives.”

Leading up to Wednesday’s debate, last month KNBA President and CEO Jaclyn Sallee released a joint statement with 11 other Alaska public media stations explaining the potential impact.

“KNBA 90.3, could lose nearly 25% of its annual revenue, leading to cuts in service including local Alaska Native news and emergency alerts. Our award-winning national Native programs, Native America Calling and National Native News, part of daily schedules on stations across Alaska, would experience an even greater loss – one from which they might not be able to recover,“ she said. ”More than 60 tribal stations we serve would be disproportionately impacted where they offer efficient emergency alerts and vital community connections.”

The deal, according to Riley’s numbers, would potentially mean Alaska having to split $9.4 million among 28 Tribal stations in eight other states. She said those cuts would come out of reallocated programs from the Department of the Interior.

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Senator Mike Rounds, R-South Dakota, who was also reportedly part of the negotiations with the White House, said on X yesterday that cuts from the Green New Deal would fund these Tribal stations.

“We wanted to make sure tribal broadcast services in South Dakota continued to operate which provide potentially lifesaving emergency alerts,” he said. “We worked with the Trump administration to find Green New Deal money that could be reallocated to continue grants to tribal radio stations without interruption.”

The funding, however, will not come in the way of additional legislation or an amendment to the president’s bill currently being discussed by the Senate. So far, Riley said, it only amounts to a Trump administration promise to provide support.

Though 28 Tribal stations would benefit from the promise, she added the Corporation for Public Broadcasting, where funds to local stations would be cut from, provides support to 36 Tribal stations. She did not know which 28 stations would be supported.

Riley said the “side deal” also left unanswered what happens to other rural community public media stations.

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“Those are not the only stations that serve native populations and there are many of our local stations that are providing service in communities where there are no other local media sources and no other broadcasters,” she said. “We think it’s critically important that all of those local station services be protected.”

Following America’s Public Television Station’s statement Wednesday, Alaska’s News Source reached out to Sullivan’s office who declined an interview.

When Alaska’s News Source first informed Alaska Public Media’s Ulman about Sullivan’s negotiation Tuesday, Ulman said he was “blindsided.”

“I can tell you for a fact that multiple folks in the state of Alaska have explained to the senator and his office how [public media] works and how [the Corporation for Public Broadcasting] is essential to ensuring that the 27 public media outlets in Alaska can remain in operation,” Ulman said. “So, this isn’t even a compromise. It’s just not gonna work.”

Ulman said Alaska stands to lose more than $30 million in federal funding over the next two years, if the bill is passed.

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″It’s a 20% cut to Alaska Public media’s operational budget. How do you run your household If you took a 20 Percent pay cut,” Ulman told Alaska’s News Source Wednesday. “Any type of cut that’s 50% or higher to an annual budget. You’re not the same organization and you can’t cut half of your operation and continue to really thrive.”

He added he’s concerned over how the promised funding to Alaska Native stations would be apportioned, and worried that hedging a bet on a promise from the Trump administration may be problematic.

“I want to see the details. If I were one of my colleagues, say in Petersburg, or in Talkeetna, (or in) Galena, I would want to know the deal. How is this really going to affect me?”

Sen. Lisa Murkowski, R-AK, told reporters in the halls of Congress Wednesday that the public media funding bill was crucial to Alaska.

“There has been probably no issue, no single issue, that has drawn out more interest across the state of Alaksa than support for public broadcasting,” she said. “I come from a state that is extraordinarily rural. I come from a state where access to other forms of information and communication may be limited. It may just come by way of your radio. Call it old school, it’s what we live in many parts of the state.”

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Murkowski was one of only three Republicans, including Sen. Susan Collins, R-ME, and Sen. Mitch McConnell, R-KY, who voted not to move forward with a vote, while Sullivan joined most other Republicans in voting to move forward on the bill.

“For years, in numerous meetings, Senator Sullivan has been consistently warning executives from public media entities, the Corporation for Public Broadcasting, and NPR that their biased programming and reporting, funded in part by the American taxpayer, would eventually jeopardize federal support for both national and local radio stations,” Coyne said.

As of publication, the Senate is voting on adding amendments to the legislation. If any amendments are approved by the legislature, the bill will be sent back to the House. The bill must pass Congress by Friday. Riley said she expected the vote to be close.

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Attorney: $1B suit against Boeing, Alaska Airlines in door plug incident settled out of court

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Attorney: B suit against Boeing, Alaska Airlines in door plug incident settled out of court


PORTLAND Ore. (KPTV) – Three passengers who sued Boeing and Alaska Airlines for $1 billion over a door plug that flew out mid-air have settled the lawsuit with the companies out of court, according to one of the attorneys for the passengers.

Terms of the settlement were not disclosed, as part of the settlement agreement, according to the attorney.

Court documents show the suit was dismissed with prejudice on July 7, meaning the plaintiffs can not refile the same claim against the companies in the future.

PREVIOUS COVERAGE:

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The NTSB officially faults Boeing for a door plug flying off in mid-air during an Alaska Airlines flight leaving Portland.

The lawsuit stemmed from an incident on January 5, 2024, when a door plug on Alaska Airlines Flight 1282 from Portland to Ontario, Calif. flew out shortly after takeoff.

Last month, the National Transportation Safety Board found Boeing at fault for the incident following an investigation.

FOX 12 has reached out to Boeing and Alaska Airlines for comment.



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If a tree falls in the forest and no one is around, does it make a buck?

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If a tree falls in the forest and no one is around, does it make a buck?


ANCHORAGE, Alaska (KTUU) – The Trump Administration’s announcement to rescind the National Forest’s ‘Roadless Rule’ in June has sparked outrage from some, and support from others. With the two largest National forests in the country, the announcement has caught the attention of Alaska businesses.

The rule, adopted in 2001, essentially prevents new roads from being built in a little over 58 million acres of National Forest, including the Tongass and Chugach National forests in Alaska. In an area that relies heavily on tourism, some fear its natural beauty could be compromised.

“Those magical places could become few and far between, and that’s a major problem,” said Hunter McIntosh, president of the Boat Company, a southeast Alaska non-profit that gives boat tours throughout the region.

Fewer roads means less timber harvest, and that reason, alongside wildfire prevention and others, was given by Secretary of Agriculture Brooke Rollins, who announced the USDA would be rescinding the Roadless Rule last month.

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Greater access to the forests by roads has local environmental advocates and business owners like McIntosh concerned that logging and mining interests will be renewed.

“All these things potentially have a significant environmental impact on the fisheries and the wildlife, the hunting, subsistence and whatnot,” McIntosh said. “But then along with that also major impact on the largest economic driver of Southeast Alaska being tourism.”

Not only does McIntosh believe rescinding the rule will damage the environment, but he believes that the timber industry in Southeast Alaska is not economically feasible.

“The economics and what we do are really intertwined, in that — the timber industry is a heavily subsidized industry — and the tourism industry is not subsidized at all,” McIntosh said.

According to a report by the Southeast Conference, timber made up 4% of jobs and employment earnings in 2024.

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For those who rely on timber for income, like Viking Lumber Mill in Klawock on Prince of Wales Island, they’d like to see growth in the industry. While the repeal of the roadless rule is a “step forward,” they say the forest service needs to better meet market demand.

“What the timber industry needs in order to survive is for the Forest Service to provide a continuous and ample supply,” said Sarah Dahlstrom, spokesperson for Viking Lumber.

“It is their obligation to do that. They are the largest landowner, and our industry relies on the largest landowner to supply our mill and all of the other micro mills, or mom-and-pop mills on our island.”

”State land is very limited and so we are relying on the Forest Service and the federal government to put timber sales out and it’s been a major struggle.”

Viking Lumber is Alaska’s largest mill, and nearly all of the finished lumber gets shipped to the Lower 48, or internationally.

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Dahlstrom’s father, Kirk, bought the bankrupt mill in 1994, returning it to a profitable operation, but says they’re not quite out of the woods yet.

“For decades the Forest Service has failed to provide a sufficient timber supply to the entire industry,” Dahlstrom said.

Dahlstrom said that Viking is largely open because of a legislated land exchange between the Alaska Mental Health Trust and the U.S. Forest Service. For about a decade, the Forest Service has harvested off the land they received, but Dahlstrom said their sale agreement with them will be complete by August of this year.

In a local economy that Dahlstrom said benefits from roads built for timber harvest and wood by-products used to heat schools and public buildings, they hope to stay in business.

“We don’t want to take more than what we need,” Dahlstrom said.

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“We want what we’ve been doing. It is a sustainable and renewable business.”

Meanwhile, McIntosh said the Boat Company generally avoids Prince of Wales Island on their tours because of the large swathes of clear-cut forest.

“People from the lower 48, guests and clients, they don’t want to see clear-cut,” McIntosh said. “They want to see wilderness. They want to see, you know, old growth trees. They want to be able to fish for salmon. They want to see bears and whales, and seeing huge swaths of sides of mountains completely clear-cut and then left is not something that that most tourists expect or want to see.”

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