AIG could sell Stowe Mountain Resort

One of Vermont’s oldest and most prestigious ski resorts could soon be sold off by its financially troubled parent company. American International Group has owned the Stowe Mountain Resort for years. And the insurance company recently announced that everything but its core business is for sale.  

Wall Street turmoil will affect state investments

The financial turmoil on Wall Street is reverberating across Vermont’s state retirement funds. State Treasurer Jeb Spaulding says the market slump has caused a decline in the investment portfolios overseen by his office. But Spaulding says the downturn has not affected the benefits paid out to retirees. VPR’s John Dillon reports.