Native corporation says it's going broke

MONDAY, AUGUST 12, 2002

The Kenai Natives Association of Kenai, Alaska, informed shareholders on August 1 that it is near bankruptcy.

Just two years ago, the small-city corporation cited more than $3 million in assets. Now, due to poor performing businesses, almost all that money is gone, according to executives.

Get the Story:
Native corporation in peril (The Anchorage Daily News 8/11)