.... "*the money is being held in a non-interest bearing account , partly due to.......*". Well I'll be a tinker's damn! Surely not this? To make what dumb ass point? For political correctness sake? When the interest alone could fund a decent outreach program? ...'judgment has fled to brutish beasts. And men have lost their reason'! http://domainincite.com/10929-icanns-new-gtld-fund-at-352-3m? utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DomainIncite+%28DomainIncite.com%29 - Carlton ============================== Carlton A Samuels Mobile: 876-818-1799 *Strategy, Planning, Governance, Assessment & Turnaround* =============================
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
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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When I see that news, my reaction is "someone else is going to earn that interest" even tho I understand the rationale of ICANN position. Even a capital preserved deposit can yield 3-5%. I rather ICANN do that and use that money for new gtld or other ICANN activities. Sent from my iPad On 3 Nov, 2012, at 6:41 AM, Carlton Samuels <carlton.samuels@gmail.com> wrote:
.... "*the money is being held in a non-interest bearing account , partly due to.......*".
Well I'll be a tinker's damn! Surely not this? To make what dumb ass point? For political correctness sake? When the interest alone could fund a decent outreach program?
...'judgment has fled to brutish beasts. And men have lost their reason'!
http://domainincite.com/10929-icanns-new-gtld-fund-at-352-3m? utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DomainIncite+%28DomainIncite.com%29
- Carlton
============================== Carlton A Samuels Mobile: 876-818-1799 *Strategy, Planning, Governance, Assessment & Turnaround* ============================= _______________________________________________ At-Large mailing list At-Large@atlarge-lists.icann.org https://atlarge-lists.icann.org/mailman/listinfo/at-large
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participants (4)
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Carlton Samuels -
Christopher Wilkinson -
James Seng -
McTim