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Holder Announces Indian Claims Settlement
By Main Justice staff | December 8, 2009 11:50 am

The United States has settled a 13-year-old class action lawsuit alleging the government mismanaged assets held in trust  for American Indians.

Attorney General Eric Holder and Interior Secretary Ken Salazar are holding a news conference at the Interior Department headquarters in Washington this morning to announce the settlement.

According to this settlement agreement, the government will pay $1.4 billion to settle the claims. We’ll have an update later.

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2 Comments

  1. Spiff says:

    Is this the result of the American Indian Bureau funds that disappeared during the Clinton administration? Where did those funds go? To whom? Why was there never an investigation?
    Spiff

  2. jimbo says:

    1.4 billoin is not near enough to cover all the revenue lost from that theft during slick Willie’s term

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