RE: [wg-c] capital idea

[Dave Crocker <dcrocker@brandenburg.com>]

At 06:47 PM 8/22/99 , Roeland M.J. Meyer wrote:
>NAlso not true. If you will more carefully read my recent messages, I
>suggest an annual solvency/SLA  review. One that is much more palatable,
>from an investors stand-point, and also more potentially stringent than


this means that you both agree that the 'grant' can be taken back.  To use 
the punchline from an old joke, you are just haggling price.

A mandatory re-bid starts from a clean slate every time.  The solvency/SLA 
review assumes a default "yes" absent serious problems.

If one takes the "default yes" approach, it's worth asking how changes to 
the SLA are made and what the leverage is against the registry to agree to 
them.  Note, for example, how difficult it has been to get changes out of 
NSI...

d/


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