[At-Large] ICANN Strikes it Rich!

Christopher Wilkinson cw at christopherwilkinson.eu
Sat Nov 3 11:08:30 UTC 2012


Hmmm ... a prudent investment in low risk, low interest accounts would  
have been appropriate.

There are plenty of ways to spend responsibly any resulting surplus.  
(e.g. outreach, SARP, fellowships etc.)

Regards

CW


On 03 Nov 2012, at 01:21, McTim wrote:

> On Fri, Nov 2, 2012 at 6:38 PM, Carlton Samuels
> <carlton.samuels at gmail.com> wrote:
>> .... "*the money is being held in a non-interest bearing account ,  
>> partly
>> due to.......*".
>
> "The money is being held in a non-interest-bearing account, partly due
> to ICANN’s insistence that the program is not an exercise in
> self-enrichment."
>
>
> To be fair, if they HAD used an interest bearing account, they would
> have a PR nightmare to deal with.
>
>
> -- 
> Cheers,
>
> McTim
> "A name indicates what we seek. An address indicates where it is. A
> route indicates how we get there."  Jon Postel
>
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