Ellen Moose v. United States of America

PREGERSON, Circuit Judge:

Appellants are Indian children, members of the Southern Paiute tribe, who assert that the federal government has misman*1279aged their share of a fund Congress appropriated in 1965 to satisfy a judgment in favor of the tribe. Appellants say that the government at times paid no interest on their share of the fund, at other times paid interest at less than the maximum allowable rate, and since 1972 has allowed a bank to invest the money in securities not guaranteed as federal law requires. Appellants characterize this conduct as a breach of trust obligations for which…