Once upon a time the UK had a bunch of non-profit, member-owned building societies - Woolwich, Abbey National, C&G, Leeds, Halifax, etc. They were stable but boring businesses. Ffor the most part, prudently run and accountable to their members. Just like a TLD registry should be. Then the financial whizz kids moved in to make a fast buck and fucked it all up. Just like they did to Nominet.
Biting the hand that feeds IT
