indianz.com your internet resource indianz.com on facebook indianz.com on twitter indianz.com on Google+
ph: 202 630 8439
Native American Bank - Native people investing in Native communities
Advertise on Indianz.Com
Home > News > Headlines
Print   Subscribe
Editorial: Priceless lessons learned from Cobell trust fund case
Monday, December 3, 2012
Filed Under: Cobell | Opinion
More on: montana
 
"The finish line to a race that started more than 17 years ago will be crossed later this month when plaintiffs in a lawsuit by American Indians against the federal government receive settlement payments.

The suit was filed by the Blackfeet Tribe’s Elouise Cobell and charged the federal government with squandering and mismanaging land trust royalties due to Native American landowners.

The $3.4 billion settlement in the case was reached before Cobell died of cancer in October 2011, but at the time of her death, payments were still delayed.

About 350,000 beneficiaries could start receiving $1,000 checks by the end of the month. Members of the second class in the suit will be paid $800 each, plus a share of the balance of the settlement funds as calculated by a formula based on the activity in their trust accounts. An additional $1.9 billion will be used by the government to buy fractured land allotments to be turned over to tribes. The settlement also will pay for educational scholarships for young Indians."

Get the Story:
Editorial: Lessons from Indian trust fight priceless (The Great Falls Tribune 12/2)

Related Stories:
NPR: South Dakota beneficiaries await share of Cobell payout (11/30)
Jay Daniels: Christmas and Cobell - what about the day after? (11/29)
Upwards of 50K in Oklahoma share in $3.4B Cobell settlement (11/29)
Tribal members in Wyoming could see $8M from Cobell payout (11/29)
Cobell settlement comes too late for beneficiaries who passed (11/29)
Checks for $3.4B Cobell settlement expected in mid-December (11/28)
About 350K to share in first round of Cobell settlement payout (11/27)
Obama announces final approval for Cobell settlement payout (11/26)
About 30K in Arizona expected to benefit from Cobell payouts (11/14)
Geoffrey Rempel: The truth behind the withdrawn Cobell appeal (11/12)
Ask Elouise: Appeals of $3.4B Cobell trust settlement dismissed (11/8)
Cobell settlement cleared after Supreme Court dismisses appeal (11/8)
Mary Aurelia Johns explains reasons for dropping Cobell appeal (11/08)
Supreme Court refuses to take Kimberly Craven's Cobell appeal (10/29)
Secretary Salazar anticipates Cobell payments by end of year (10/23)
Beneficiaries want Supreme Court to review Cobell settlement (09/24)
Obama nominates Vince Logan, Osage, as new Special Trustee (09/24)
S.E. Ruckman: Indian Country wants to see Cobell payouts (09/18)
ICT refused to run Keith Harper's response on Cobell stories (09/18)
Keith Harper: Just a few truths about Obama, Cobell and me (9/12)
Ask Elouise: Lead counsel Dennis Gingold on status of payout (09/11)
Native Sun News: Cobell settlement on hold with more appeals (08/31)
Reply for Kimberly Craven's Cobell appeal due September 21 (08/24)
Kimberly Craven appeal delays $3.4B Cobell settlement again (08/23)
Cobell critic asks Supreme Court to review $3.4B settlement (08/20)


Copyright © Indianz.Com
More headlines...
Stay Connected:

Local Links:
Federal Register | Indian Gaming | Jobs & Notices | In The Hoop | Message Board
Latest News:
Native Sun News: Oglala Sioux Tribe battles uranium mine project (4/1)
Information on Bureau of Indian Affairs website missing in action (4/1)
Mary Grayson: Cherokee Nation race loses only female candidate (4/1)
South Dakota authorities quiet on ruling in landmark ICWA case (4/1)
Senate Indian Affairs Committee holds field hearing in Wyoming (4/1)
Paiute Tribe moves to oust leader for accepting NFL team's gifts (4/1)
Navajo Nation leaders object to presidential election on April 21 (4/1)
Hoopa Valley Tribe sees setback as fire destroys housing agency (4/1)
Chickasaw Nation sets walk to raise awareness of sexual assault (4/1)
Eastern Cherokee Chief Michell Hicks won't pursue a fourth term (4/1)
Shingle Springs Band to conduct sound tests for shooting range (4/1)
Non-Indian businesses asked to vacate Indian land in California (4/1)
Judge tells Mackinac Tribe to submit federal recognition petition (4/1)
Pamunkey Tribe refutes criticism of federal recognition petition (4/1)
Editorial: DOI's new fracking regulations strike the right balance (4/1)
MOWA Band of Choctaw Indians loses decision in casino lawsuit (4/1)
City loses yet another ruling in Fond du Lac Band casino dispute (4/1)
Oklahoma tribes send fewer casino dollars to state amid growth (4/1)
Ho-Chunk Nation off-reservation casino deal goes 3 more years (4/1)
Chehalis Tribe honors singer at casino concert for defending girl (4/1)
Gaming operations proliferate in Texas as state goes after tribes (4/1)
Native Sun News: Ceremony welcomes return of spiritual beings (3/31)
Tribes and families in South Dakota win big victory in ICWA case (3/31)
Non-Indian adoption group disputes BIA's new ICWA guidelines (3/31)
Dennis Chappabitty: How I survived a racist attack in Oklahoma (3/31)
Ellie Reynolds: Native people used as pawns in mascot debates (3/31)
Jordan Wheeler: Fan in fake headdress turned out to be Native (3/31)
Carolina Castoreno: Racism runs rampant in the 'Hoosier State' (3/31)
Tulalip man charged for buying firearm used in school shooting (3/31)
Man charged in stabbing of BIA superintendent in South Dakota (3/31)
Few details about well-being of Lower Brule Sioux Tribe leader (3/31)
Navajo Nation makes headlines as first with tax on junk foods (3/31)
School to use IHS grant to bring Native students into medicine (3/31)
German photographer earns trust on Fort Belknap Reservation (3/31)
Water agencies seek early appeal for Agua Caliente Band case (3/31)
Radio station on Hopi Reservation launches fundraising effort (3/31)
Bureau of Reclamation seeks $20.3M for tribal water projects (3/31)
Metis Nation of Saskatchewan closes doors after losing funds (3/31)
Report puts tribal gaming industry revenues at $28.3B in 2013 (3/31)
Fort Sill Apache Tribe loses bid to force state into gaming deal (3/31)
Santee Sioux Tribe prepares to open casino golf course in June (3/31)
Eastern Shawnee Tribe to welcome visitors to reopened casino (3/31)
Editorial: Cherokee Nation contributes to economy with casino (3/31)
Everything you wanted to know about tribal gaming in Arizona (3/31)
Opinion: Connecticut tribes face challenges to gaming empire (3/31)
Native Sun News: Designation sought at Cheyenne warrior site (3/30)
Lakota Country Times: Efforts to rename sacred peak ramp up (3/30)
Mark Charles: Nation was built on the dehumanization of others (3/30)
Navajo Nation considers agreement for land-buy back program (3/30)
US Attorneys named to lead DOJ Native American subcommittee (3/30)
Kevin Abourezk: Students retrace journey of Chief Standing Bear (3/30)
Patricia Paul: Overcoming hardships and becoming a tribal judge (3/30)
Julianne Jennings: Taking care of our eyesight in Indian Country (3/30)
Police looking for clues after murders of Indian man and woman (3/30)
Chairman Michael Jandreau of Lower Brule Sioux Tribe in hospital (3/30)
Hundreds pay respects to Navajo Nation officer killed on the job (3/30)
Police officer who kicked Native man reinstated in Saskatchewan (3/30)
Native boy with rare disease granted wish to join favorite team (3/30)
Jury rules against Cheyenne River Sioux man in 'KKK' scar case (3/30)
more headlines...


Home | Arts & Entertainment | Business | Canada | Cobell Lawsuit | Education | Environment | Federal Recognition | Federal Register | Forum | Health | Humor | Indian Gaming | Indian Trust | Jack Abramoff Scandal | Jobs & Notices | Law | National | News | Opinion | Politics | Sports | Technology | World

Indianz.Com Terms of Service | Indianz.Com Privacy Policy
About Indianz.Com | Advertise on Indianz.Com

Indianz.Com is a product of Noble Savage Media, LLC and Ho-Chunk, Inc.