The most controversial part of the Red Snapper IFQ program may be the part that allows shareholders to sell their yearly allocation. It essentially turns some fishermen into businessmen. Our research has revealed about 120 shareholders - 37 percent of the whole - sell their entire allocation each year. It allows the shareholders to make tens, and in some cases, hundreds of thousands of dollars a year. Galveston commercial fisherman Buddy Guindon defends these fishe...
By
Lee Zurik and Tom Wright
Published February 6, 2017 at 10:10 PM