Oops! Techie wipes out $38 billion fund

While doing routine maintenance work, the technician accidentally deleted applicant information for an oil-funded account — one of Alaska residents’ biggest perks — and mistakenly reformatted the backup drive, as well. There was still hope, until the department discovered its third line of defense, backup tapes, were unreadable. More than 300 cardboard boxes of paperwork has been scanned again.