Take losses seriously

Letters to the editor

Posted: Tuesday, January 09, 2001

I have heard of $64 million in business losses over this last year for Sealaska. Is anyone aware, over the last 30 years, of even one business Sealaska has been successful at, other than selling the forest? There are many of us that are deeply sad and concerned about what appears to be hundreds of millions squandered. Dead cats can sell valuable trees. The last 30 years of losses show you're not taking the losses serious enough, Sealaska. There is no way to force better performance by stock sell-outs or elections. Native stocks are restricted from the freedoms enjoyed by share owners of other corporations. Board members monopolize seats.

Joan Dangeli


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