[registrars] VeriSign Senate Testimony

["Michael D. Palage" <michael@palage.com>]

I would encourage everyone to listen the Senate hearings scheduled for 2:30
today. Mr. Cochetti's written testimony is available online at
http://commerce.senate.gov/hearings/061202cochetti.pdf

This is my favorite quote of Rodger so far, although I am not fully done
ready his testimony:

ICANN requires that each gTLD registry offer equal access to all gTLD
registrars accredited by ICANN. On the one hand, this requirement benefits
competition and confidence in the marketplace, although on the other, since
only ICANN can accredit registrars and ICANN has established exceptionally
low financial criteria for registrar accreditation, it has resulted in a
large number of financially weak registrars that must be serviced by every
gTLD registry.