Author
semp
FOUNDATION
In 1998, Maxxam mortgaged PL's timberlands to bondholders, forcing PL into liquidation logging to finance its debt.
This means Maxxam takes $100 million a year in profits out of Humboldt County.
PL is charged with resorting to fruad in order to sustain their rate of harvest.
So while Maxxam takes the money, PL ruins our streams, floods our homes, and endangers our health and safety.
Our watersheds, our communities, and YOU are paying the price.
Fraud is not a victimless crime.