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@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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