nanog mailing list archives

RE: GTE to acquire Genuity


From: Rodney Joffe <rjoffe () genuity net>
Date: Fri, 14 Nov 1997 00:08:13 -0700

Gordon,

I have to admit that you're right. You really do have all the answers,
and you really do know it all.

I guess the fact that there are only two shareholders in Genuity, me and
Bechtel, both of whom know exactly what Jon could and couldn't do, and
who accepted his conditions when he joined the board, is unimportant.
And the fact that Jon knew this, and understood that his fiduciary
responsibility in this area was subject *only* to the shareholders, both
of whom assured him in terms that he was prepared to accept that they
would *not* expect him to or ask him to _abuse_ his position  of trust
outside of Genuity to assist Genuity unfairly, is irrelevant.

Gordon, I have never been able to quite fathom out why you chose this
industry to attempt to make a living, and not the same industry as the
National Enquirer. I think you've missed your calling. I only hope your
clients realise the true value of your reporting. 

So that others are privy to the same information that I gave you, let me
be specific ( and remember, I don't owe ANYONE an explanation, but I
want to undo the damage that your buffoonery has caused);

Bechtel never really had to make a choice about whether Jon joined the
board or an advisory board. I nominated him to the board as one of *my*
representatives. They didn't know Jon from a hitchiker before this. I
wanted someone clueful to help me guide Genuity along a *good* path, and
away from the dark side (obviously I passed on asking you). I think I
can proudly say that Genuity has been an exemplary internet citizen (I,
of course, may not have been). 

So when you attempt to to wind people up with your paranoia, you do
someone who has done a lot of good for the Internet over *many* years a
grave injustice. Fortunately I care more about what honest, good people
like Jerry Scharf says, than I do about what you say. If I didn't, I'd
probably spend some real energy telling you what I really think.

Does anyone know if Paul's RBL works on a single netaxs address?

Rodney Joffe
Chief Technology Officer
Genuity Inc., a Bechtel company
http://www.genuity.net



-----Original Message-----
From: Gordon Cook [SMTP:cook () netaxs com]
Sent: Thursday, November 13, 1997 11:38 PM
To:   Jerry Scharf
Cc:   nanog () merit edu
Subject:      Re: GTE to acquire Genuity 




On Thu, 13 Nov 1997, Jerry Scharf wrote:

Gordon,

you have the way of spinning the longest line of crappy conjectures
into a 
proposal of irresponsibility. 

false:   you should read what i wrote more carefully before you fly
publicly off t he handle.



I'm sure you could spin an equally long chain of 
things into a reason why no one from the IAB or IETF ADs should have
anything 
at stake with the industry they help direct. 


So IANA has no special powers?



For this particular case, there 
are facts to prove your conjecture flawed.

 wrong because you misread my conjecture.


I was consulting at Genuity when then needed to do their initial IP
address 
gathering for their new network. They sent in a proposal to Kim, and
Kim told 
them no. Rodney was very upset at the time, but there was never any 
interference by the IANA. When Genuity provided better documentation
and 
cleaned up some things, then they got address blocks like anyone
else.


May I quote what you over looked:  Now I am confident that he has not
used
his position to give special benefit to  genuity. 

and later in the same post:  Rodney Joffe explained to me in very
glowing
terms this summer why jon
was on the 'board"  his explanation sounded fine. 

Further explanation - Rodney Joffe told me precisely the same story
which
i published verbatim.....and more besides.....  jon came out pure as
the
driven snow


At least judge Jon by his actions, not by your inferred doubt. The
evidence is 
that when put in the exact situation you feared, the IANA acted by
not acting. 
Genuity was not harmed financially by this (I think even Rodney will
now admit 
that) so there is no damage to be fretted about. Certainly there
will be a 
tidy profit to Bechtel and the other founders of Genuity.


I never suggested genuity was harmed.   I do state that one of the
senior members of the community who knows the laws of the fiduciary
legal
responsibility of members of boards of directors far better than I
pointed out that he believed it possible that a genuity stock holder
who was aware of jons proper from the internet point of view, could
have
taken legal action against jon for NOT making a decision that
benefitted
genuity and using his powers to act for the fiduciary benefit of the
company of which he was a director and for which he had such a legal
responsibility.

now I am a r ussian history Phd....read trained as an academic....as
is
jon.....and most academics aren't terribly aware of these
nuances.....so I
can understand jon's accepting the directorship.

guess my bitch is why would the presumably legally savvy business
staff
of genuity/bechtel have put jon however unwittingly into such a
position?.

I have been told be those who are also my seniors, that Jon is and
"icon"
and when one critcizes him one can expect all hell to break
loose....looks
like my seniors were right.....but it also looks like I owe him no
apology.

and before you continue your flame I hope you will look more carefully
at
what I am saying.

I believe you owe Jon a personal apology for this.

jerry


======================
read my original post more carefully this time.

Last time i looked Jon postel was still on genuity's board.  It is my
understanding that this gives him a LEGAL responsibility  to act in
the
best financial interests of genuity.  Seems to me this creates a
conflict
of interest given what with his powers as IANA he could do to benefit
genuity with IP allocations etc.  Now I am confident that he has not
used
his position to give special benefit to  genuity.  but I am also told
that
he could be regarded as culpable for not having helped them out when
it
could be argued he had the power to do so.  This is a distinction that
I
was slow to grasp and one that jon with a research rather than a
business
background might also be slow to grasp.

Rodney Joffe explained to me in very glowing terms this summer why jon
was on the 'board"  his explanation sounded fine.  Point is Jon could
have
had the same impact as a special advisor to the board.  one wonders
why
genuity bechtel attornies that could be expected to be aware of these
issues went with the board choice anyway.

does jons board position disappear when genuity is fully acquired?   i
would hope so.


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