Interior says Cobell suit not worth billions
Monday, October 15, 2007
Filed Under:
Cobell
Bush administration officials at the Interior Department don't think the Cobell trust fund lawsuit is worth billions of dollars.
Associate deputy secretary Jim Cason and Special Trustee Ross Swimmer said very few errors have been uncovered in the the Indian trust accounts so far. Any settlement would run in the millions, according to the officials.
Despite those sentiments, the Bush administration has offered $3.5 billion to end the case. Officials said the payment would cover the historical accounting of the trust, plus any damages from breach of trust claims.
Elouise Cobell, the lead plaintiff in the case, says an accounting is impossible. "There's too many missing records," she told The Oklahoman. "Documents are missing, systems are broken."
Cobell, a member of the Blackfeet Nation of Montana, has been in Washington, D.C., for a trial in the accounting. Cason testified in defense of the Bush administration's plan to reconcile transactions in the trust.
Get the Story:
Official says huge payoff isn't justified
(The Oklahoman 10/14)
Username:
indianz@indianz.com, Password:
indianz
American Indian trust suit could total billions (The Atlanta Journal-Constitution 10/14)
Trial Transcripts:
Day
1 AM | Day
1 PM | Day
2 AM |
Day 2
PM
Court Decisions:
Cobell
v. Norton [District Court] |
Cobell
v. Norton [Appeals Court] |
Babbitt
v. Youpee [Supreme Court]
Relevant Links:
Indian Trust: Cobell v. Kempthorne -
http://www.indiantrust.comCobell
v. Norton, Department of Justice -
http://www.usdoj.gov/civil/cases/cobell/index.htm
Related Stories:
Cason wraps up testimony in trust case
(10/12)
Cobell accounting trial
opens in DC (10/11)
Cobell historical
accounting trial starts in DC (10/10)
CFO Magazine: The Indian trust fund accounting
(10/5)
Cobell historical accounting
trial starts October 10 (10/1)
BIA
agency lacks accounting for millions in trust (09/25)
Audit finds Indian trust management problems
(9/24)
Cobell:
Upcoming trial tackles important issues (09/19)
Interior attorney to testify at upcoming Cobell
trial (9/18)
DOI won't release trust
data in Cobell case (9/11)
Interior attorney accused of
disclosing trust data (08/29)
Judge opens
electronic data to Cobell plaintiffs (07/10)
Another Cobell historical accounting hearing
(7/9)
Judge expresses views on Indian
trust fund accounting (06/19)
Hearing on
Cobell historical accounting trial (6/18)
Cobell prepares for court battle on accounting
(5/30)
Cobell prepares for historical
accounting trial (5/18)
Judge prods DOI
on Indian trust fund accounting (5/15)
First status conference for Cobell accounting trial
(5/14)
Cobell status conference pushed
back to May 14 (05/02)
Attorney calls $7B
Cobell offer pennies on dollar (4/24)
Cobell heads to landmark accounting trial
(4/23)
Judge orders Cobell accounting
trial for October 10 (4/20)
Jodi Rave:
Cobell calls for accountability (4/12)
BIA office in Palm Springs criticized by
landowners (4/11)
BIA office in Palm
Springs under investigation (4/10)
Editorial: No justice in $7B offer to settle Cobell
(4/6)
Lawmaker questions $7B plan to
settle trust cases (4/4)
Gonzales' trust
testimony downplayed (3/30)
Listening
Lounge: House hearing on BIA-OST (3/30)
Mediator suggests $7-9B settlement for Cobell
(3/30)
Jodi Rave: Cobell calls trust
offer 'insulting' (3/30)
Senate hearing
on Indian trust fund litigation (3/29)
Gonzales won't testify on trust fund
(3/28)
Supreme Court refuses Cobell
appeals (3/27)
Editorial: The
billion-dollar question (3/26)
Senate
hearing on trust fund litigation on Thursday (3/26)
The downfall of J. Steven Griles (3/26)
Blast from the Past: NBC segment on Cobell
(3/21)
Opinion: US owes Indians billions
for theft (3/14)
Bush aide linked to
Special Trustee firing resigns (3/14)
BIA names new director for Navajo regional office
(3/14)
Mother Jones: Pennies on the
dollar for Cobell (3/12)
Bush proposes
$7B trust fund settlement (3/8)
Dorgan
and Thomas disagree on Cobell settlement (1/22)
Jodi Rave: Cobell sees hope for case in new
year (1/20)
NewStandard: Tribes turn to
court over trust funds (01/08)
Jodi
Rave: Interior mum on class action tribal suit (01/05)
Tribes file class action trust accounting
lawsuit (01/04)
Copyright © Indianz.Com