How a risky state investment in seafood cost Alaskans millions and left a fishing town in crisis
There were warning signs ahead of the bet on Peter Pan Seafood, which is expected to cost Alaskans more $29 million.
Rodger May
Interesting Stuff: How Alaska regulators ignored a gas conservation scheme. And: What happened to those Kodiak king salmon?
The Regulatory Commission of Alaska rejected a proposal to increase electricity rates for heavier users. And: updates on the Kodiak king salmon bycatch incident and the future of Peter Pan Seafood.
Original Peter Pan Seafood investor wins auction for troubled company's assets
Rodger May, an entrepreneur and fish trader, narrowly beat out another industry player, Silver Bay Seafoods, with his $37.3 million bid. The sale must still be approved by a Seattle court.