Indian Trust Settlement Looms

A settlement finally may be on the way in the seemingly endless Indian trust fund lawsuit, AP reports today. Indian plaintiffs are seriously considering an offer floated by members of Congress to accept a payoff of $8 billion to cover historic oil, gas, timber and grazing royalties. That's a far cry from the $100 billion the Indian groups said they were owed when they filed the suit a decade ago, or the $27.5 billion they offered to settle for last year.