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Outside editorial: Still ticking

...underestimate the risks. Derivatives known as credit default swaps, a roughly $50 trillion market, are essentially insurance contracts in which one party pays a periodic fee to a second in return for a promise to pay upon the default of a third...

http://www.juneauempire.com/stories/111708/opi_356933599.shtml
Juneau Empire Online Archive Opinion and Letters: Opposed to union health-insurance deal 4/17/98

...On the Administration's side, some shrewd folks who have screwed up royally on the administration of the health insurance contract. Of course, this is also nothing new. The state's track record is appalling. Under the last contract with...

http://www.juneauempire.com/stories/041798/fowlkesltr.html
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