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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: microhoogle! who wrote (143497)8/29/2008 4:48:30 PM
From: RockyBalboa of 306849
 
Dirty:

>>>>>>>>>>>>
Matanuska Maid Dairy Closure

When on June 6, 2007, the Alaska Creamery Board recommended closing Matanuska Maid Dairy, an unprofitable state-owned business, Palin objected, citing concern for the impact on dairy farmers and the fact that the dairy had just received $600,000 in state money. When Palin realized that the Board of Agriculture and Conservation appoints Creamery Board members, she simply replaced the entire membership of the Board of Agriculture and Conservation.[19][64] The new board, led by businesswoman Kristan Cole, reversed the decision to close the dairy.[64] The new board approved milk price increases offered by the dairy in an attempt to control fiscal losses, even though milk from Washington was already offered in Alaskan stores at lower prices.[65] In the end, the dairy was forced to close, and the state tried to sell the assets to pay off its debts but received no bids.[66][67]
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