So it boils down to money and who (in the C-suite) gets it?
Obviously. I wonder how many of the domain investors would allow the same scrutiny to their salaries and perks? Or to their actions? Yes ICANN oversees, but I wonder if there were no ICANN what kind of a mess we'd have out there. Ah.... greed and capitalism* at it's finest.
*Disclaimer: I'm far from being a socialist and mostly I'm a capitalist. But there instances (more and more it seems) where the greed exceeds anything else.