[Foundation-l] Latest board resolutions

Thu Jul 27 23:20:17 UTC 2006

Are we sure it's a processing problem and not a bandwidth problem?  It seems
to me that they need some more bandwidth, with new servers being second to
that.

On 7/27/06, Anthony <wikilegal at inbox.org> wrote:
>
> On 7/27/06, mboverload <mboverload at gmail.com> wrote:
> > On 7/27/06, geni <geniice at gmail.com> wrote:
> > >
> > > On 7/27/06, Brad Patrick <bradp.wmf at gmail.com> wrote:
> > > > You have to be kidding.  Are you seriously suggesting the Foundation
> > > stop
> > > > buying servers?
> > > >
> > > IANAA but
> > >
> > > Once you factor in depreciation the logical end point of his position
> > > is probably that the foundation should turn liquid assets into servers
> > > and related products as quickly as posible.
> >
> > Layman explanation as to why?
> >
> > mboverload
>
> I'm really not sure what geni was trying to say, but the two main
> reasons I think Wikimedia should try to limit its assets are 1) to
> increase board accountability and 2) to avoid being a good target for
> lawsuits.
>
> The first reason I suppose is the more important one.  Right now three
> of the five Wikimedia board members are not elected.  The board is
> accountable to the public largely because it relies on donations from
> the community.  As the foundation acquires more and more assets, they
> become less and less accountable to the public.  Sure, there need to
> be reserves in place, but in the budgets that were released before
> Wikimedia started hiding them from the public a very large portion
> (something like 75%) was being spent on capital expenditures.
>
> Anthony
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