Monday, May 3, 2010

Picayune Rancheria (Chukchansi) Uses Funds Stolen from 500 Disenrolled Members to Fund Businesses

The Picayune Rancheria of Coarsegold CA is responsible for the single largest termination of Native American tribal members this CENTURY. Pechanga is in second place so far.


The Picayune Rancheria of the Chukchansi Indian tribe has begun buying businesses and investing in companies, creating a much-needed source of capital in the central San Joaquin Valley.

The people who manage the tribe's fund, Mighty Oak Capital, vow to keep many of its investments local -- and they may have to if they want to access special advantages like tax exemptions that are tied to its Coarsegold reservation.



Read more: http://www.fresnobee.com/2010/05/02/1918875/tribes-fund-seeds-businesses-in.html#ixzz0mt5eRukf

2 comments:

Cathy L. Cory said...

thanks op for posting the article in regards to picayune's latest business venture both at this site and at original pechanga's blog...

i have written a letter to the editor to the fresno bee in regards to the blatant violations of tribal, civil, and human rights which are occurring throughout indian country in regards to enrollment issues...

i encourage everyone to do the same...

the fresno bee's letter to the editor submission site is as follows:

http://www.fresnobee.com/email/

for ALL nations...for ALL chukchansi people

O Pechanga said...

Cathy, can you re-post that letter here?