BANKING & FINANCE - April 4, 1992
From Times Staff and Wire Reports
Government Lost $65 Million From Indian Trust Deposits: The government lost at least $65 million in one year by investing Indian trust funds in shaky financial institutions that later failed, say Interior Department investigators. The Bureau of Indian Affairs had placed $116 million with 77 institutions that collapsed in the 1990 budget year, according to a report by the department’s inspector general.
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