[At-Large] ICANN Strikes it Rich!

[John R. Levine]

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

ICANN thought they did that when they lost the $5M.  Like I said, they 
appear to have learned their lesson.

The two accounts that Bill suggested are good for $250K apiece.  That 
still leaves $351.5M to place.  Any suggestions?

I am no great fan of ICANN, but in an environment where interest rates are 
at 0.1%, the amount of interest they are forgoing is insignificant 
relative to the overall amounts involved, and any alleged plan to earn 
some interest generally brings more risk (often not apparent to the person 
proposing it) than reward.

Regards,
John Levine, johnl at iecc.com, Primary Perpetrator of "The Internet for Dummies",
Please consider the environment before reading this e-mail. http://jl.ly