your internet resource on facebook on twitter on Google+ on soundcloud
phone: 202 630 8439
Kill The Tobacco Master Settlement Agreement
Advertise on Indianz.Com
Home > News > Headlines
Print   Subscribe
Opinion: Cobell trust fund settlement payout 'insultingly small'

Filed Under: Cobell | Opinion
More on: oklahoma

"Her Blackfeet Nation name was Yellow Bird Woman but during many years of contentious litigation attorneys for the federal government undoubtedly described Native American activist Elouise P. Cobell in more colorful terms.

Yet Cobell, lead plaintiff in a groundbreaking 1996 class-action lawsuit, never gave up on her dream of seeing indigenous tribes compensated for the government's mishandling of Indian accounts and trust funds.

Unfortunately, Cobell, along with another original plaintiff, Oklahoman and Apache tribal member Mildred Cleghorn, are not around to see the final chapter. Cobell, 65, succumbed to cancer in October 2011, not long after the lawsuit was settled for $3.4 billion. Cleghorn, 85, one of five original plaintiffs, died in a car accident in 1997.

The settlement will pay $1.5 billion to 500,000 Native Americans, including 50,000 Oklahomans. One class of beneficiaries will receive $1,000 and the other class will receive $800 as well as a share of the balance of the settlement funds as calculated by a formula based on the activity in their trust accounts. Some checks will be sent out this month.

The settlement approved and funded by Congress also puts in place a $60 million scholarship fund for young Indians and establishes a $2 billion Trust Land Consolidation Fund. A commission will be created to oversee and monitor the government's management and accounting of individual Indian trust accounts.

Not a minute too soon."

Get the Story:
Julie DelCour: Righting A Wrong (The Tulsa World 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:
On Facebook

On Twitter

On Google+

On SoundCloud
Local Links:
Federal Register | Indian Gaming | Jobs & Notices | In The Hoop | Message Board
Latest News:
Donald Trump embraces big energy projects like Dakota Access (10/24)
Tim Giago: No one feels honored by racist & offensive mascots (10/24)
Mark Trahant: North Dakota takes #NoDAPL battle to extremes (10/24)
Cedric Sunray: Cherokee Nation tries to 'Trump' Indian arts law (10/24)
Native Sun News Today: Republican won't agree to tribal forum (10/24)
Lakota Country Times: Oglala Sioux Tribe opens nursing home (10/24)
Clara Caufield: Tribute to outgoing Northern Cheyenne leader (10/24)
Mary Annette Pember: North Dakota on #NoDAPL crackdown (10/24)
Terese Marie Mailhot: Native women deserve to be respected (10/24)
Steven Newcomb: Getting to the origins of federal Indian law (10/24)
Peter d'Errico: Seminole Tribe embraces limits on sovereignty (10/24)
Pregnant woman on Muckleshoot Reservation killed by police (10/24)
Bus returning from Torres-Martinez Band casino in fatal crash (10/24)
Jamul Indian Village refinances $460M in casino related debt (10/24)
Navajo Nation President Russell Begaye backs Hillary Clinton (10/21)
Twenty-Nine Palms Band disputes 'Trump, You're Fired' story (10/21)
Repatriation review committee announces additional meetings (10/21)
Native Sun News Today: Ping-pong continues in #NoDAPL case (10/21)
Lakota Country Times: 'Reel Jobs' school nurtures Lakota talent (10/21)
James Giago Davies: Drugs and crime overrun our reservations (10/21)
Dana Lone Hill: Becoming a grandmother is life's highest honor (10/21)
Misty Perkins: Indigenous voices are lost in colonial translation (10/21)
John Leguizamo: Who was 'mistreating indigenous people' first? (10/21)
Bureau of Land Management confirms repatriation for ancestor (10/21)
Cowlitz Tribe opposes coal export terminal on aboriginal lands (10/21)
Crow Tribe signs agreement to resolve long-running tax dispute (10/21)
National Indian Gaming Commission refutes online gaming claim (10/21)
Pinoleville Pomo Nation stays quiet on long-delayed casino plan (10/21)
Alaska tribes enter new era with first land-into-trust application (10/20)
Native leaders in Alaska endorse Hillary Clinton in historic move (10/20)
Bureau of Indian Affairs finishes update to model juvenile code (10/20)
Utah group aims to elevate Native issues in an unusual election (10/20)
Chemehuevi Tribe secures approval of HEARTH Act regulations (10/20)
Poarch Band of Creek Indians can't be sued for firing employee (10/20)
Native Sun News Today: Oglala veteran shot and killed by police (10/20)
Lakota Country Times: Founders of annual Spiritual Run honored (10/20)
Ivan Star Comes Out: Education system diminishes our people (10/20)
Brandon Ecoffey: It's business as usual for South Dakota's GOP (10/20)
Morgan Rodman: Federal agencies work to protect treaty rights (10/20)
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.