[NA-Discuss] "Chicken and Egg" Problem

[Glenn McKnight]

My understanding of  501K and Non profits in Canada that the reserve is
designated for specific mandated objectives and not for operations

On Tue, Apr 3, 2012 at 1:13 AM, John R. Levine <johnl at iecc.com> wrote:

> > I'm concerned about the very specific influence this creates if a
> registrar decides to drop all of their extra accreditations at once,
> pulling up to 4% ICANN's budget out from under the organization.
>
> Given ICANN's large reserve account (if they haven't speculated it all
> away with bad investments) and the generally increasing income from
> everything else, I wouldn't worry too much about a 4% one time drop.
>
> 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
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Glenn McKnight
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