Those who have read the book are somewhat familiar with the Cobell settlement. Here's an update on what is actually happening.
Cobell Land Buyback Just a Dangling Carrot
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Excerpt: Well, now we are finally in the midst of the Cobell Land Buy Back Program (“LBBP”) implementation, I’m wondering “did anything really happen? Cobell settled for $3.4 billion, including stipends for the lead plaintiffs, copy.9 billion for the LBBP to be used by tribes to acquire “highly fractionated interests” in individual Indian lands, attorney and consultant costs capped at copy00 million, and copy.4 billion to Individual Indian Monies account owners. Wow, $3.4 billion was awarded and a maximum of copy.4 billion to be distributed to the class members and now turning into a question of when will it actually happen. Individual Indians are having carrots dangled in front of them only to have it jerked back and rescheduled.
For the BIA's perspective: