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    Highlights of the ICANNWatch Archive
    (June 1999 - March 2001)

    This discussion has been archived. No new comments can be posted.
    The Register: ICANN Skewed .net process for VeriSign | Log in/Create an Account | Top | 29 comments | Search Discussion
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    SEC Investigating ICANN Insiders for Pump and Dump
    by Anonymous on Sunday May 15 2005, @06:02AM (#15250)
    SEC Investigating ICANN Insiders for Pump-and-Dump

    ICANN insiders involved in the .NET re-bid are
    now trying to cover-up their Pump-and-Dump Stock
    trading scheme. They used the .NET re-bid to
    inflate the price of their shares and then SOLD
    them at the high-point when they had INSIDE
    INFORMATION that they would not be selected.

    <a href="http://www.cookreport.com/isoccontrol.shtml" >
    </ a>

    @05:19pm 07/06/99-0400, vinton g. cerf wrote:



    >I have talked with John Sidgmore. We will try to get $500K

    >at least "backup" in case nothing else in the way of

    >fundraising works. Mike Nelson, I have copied John Patrick and

    >Irving Wladawsky-Berger on this message, as well as John Sidgmore.

    >If IBM and MCI Worldcom can come up with $1M in "bridge" funding,

    >to be paid back at a later time under reasonable terms that will

    >not harm ICANN, then perhaps we can begin a new fundraising campaign

    >knowing that we have the ability to back up the campaign with a

    >rescue effort in the short term. It will be easier for John Sidgmore

    >to make the case to the MCI Worldcom management if IBM is willing to go

    >into this with us and split the $1M cost. Is it possible?


    >I would then launch a campaign with GIP, ITAA, Internet Society,

    >and other interested groups on the basis that ICANN must succeed

    >or Internet will be in jeopardy. This ought to play well with any

    >company whose stock price is dependent on a well-functioning Internet.




    >Vin t
    [ Reply to This | Parent ]
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