Re: Specific Questions

[Karl Denninger <karl@Mcs.Net>]

> 
> On Wed, 25 Dec 1996, Perry E. Metzger wrote:
> > > > 2. Fee for credit check - Fair?
> > > 
> > > No.  D&B charges ~$30.00 for a credit report.  If that's not good enough,
> > > they can pay out of their own pockets (we're a D&B subscriber and that's
> > > what we pay for a credit check on a BUSINESS)
> > 
> > Your comment here makes no sense. If you admit that credit reports
> > cost money, then why shouldn't the applicants be forced to pay for
> > the credit reports needed to process their applications? If they don't
> > pay for the credit reports, who will? Certainly the Internet Society
> > can't afford to pay for them.
> 
> The "vetting" fee is not merely a simple financial credit check.  Whatever
> objective metrics that will be used, whether it be age of company, number
> of employees, b/w to the Internet, etc. all that needs to verified.  When
> the applicant is in Uganda, Vietnam or Peru we will need to use local
> accounting and management offices (I believe the Big 7 have offices
> worldwide) so that the application form can be checked and verified for
> accuracy.
> 

Oh, so you mean that in addition to the $20,000 tax you now are going to
impose a "give to the Big 7 accounting office tax" too?

FOR THE UNINFORMED, WHAT IS BEING PROPOSED HERE AND THE DEPTH OF THIS 
INVESTIGATION WILL CARRY A MID-FIVE DIGIT PRICE TAG.  THESE PEOPLE ARE LYING
TO YOU -- THE REAL COST OF APPLICATION WILL BE MORE LIKE $50,000, AND ONLY
HALF OF THAT WILL BE REFUNDABLE IF THEY DON'T LIKE YOU.

I know.  We've priced these "services".

--
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