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	<title>Comments on: A Run on the (Domain Name) Bank</title>
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	<link>http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/</link>
	<description>News and Views for the Domain Name Industry</description>
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		<title>By: YoYoVip &#187; Threat Watch: &#8220;Bank Run&#8221; on a Domain Registrar?</title>
		<link>http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/comment-page-1/#comment-267527</link>
		<dc:creator>YoYoVip &#187; Threat Watch: &#8220;Bank Run&#8221; on a Domain Registrar?</dc:creator>
		<pubDate>Thu, 23 Oct 2008 22:00:21 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/#comment-267527</guid>
		<description>[...] November 2007 I wrote an article &#8220;A Run on the (Domain Name) Bank&#8220;. I discussed the potential for rumors about a domain registrar&#8217;s demise to cause a [...]</description>
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<p>[...] November 2007 I wrote an article &#8220;A Run on the (Domain Name) Bank&#8220;. I discussed the potential for rumors about a domain registrar&#8217;s demise to cause a [...]</p>
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		<title>By: Domain Name Wire &#187; News &#187; Threat Watch: &#8220;Bank Run&#8221; on a Domain Registrar? - The Domain Industry's News Source</title>
		<link>http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/comment-page-1/#comment-258786</link>
		<dc:creator>Domain Name Wire &#187; News &#187; Threat Watch: &#8220;Bank Run&#8221; on a Domain Registrar? - The Domain Industry's News Source</dc:creator>
		<pubDate>Mon, 06 Oct 2008 19:02:18 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/#comment-258786</guid>
		<description>[...] November 2007 I wrote an article &#8220;A Run on the (Domain Name) Bank&#8220;. I discussed the potential for rumors about a domain registrar&#8217;s demise to cause a [...]</description>
		<content:encoded><![CDATA[<div style="background-color: #FFfbd0">
<p>[...] November 2007 I wrote an article &#8220;A Run on the (Domain Name) Bank&#8220;. I discussed the potential for rumors about a domain registrar&#8217;s demise to cause a [...]</p>
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]]></content:encoded>
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		<title>By: Domain Name Wire &#187; News &#187; The Danger of a Domain Registrar &#8220;Run on the Bank&#8221; - The Domain Industry's News Source</title>
		<link>http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/comment-page-1/#comment-193944</link>
		<dc:creator>Domain Name Wire &#187; News &#187; The Danger of a Domain Registrar &#8220;Run on the Bank&#8221; - The Domain Industry's News Source</dc:creator>
		<pubDate>Thu, 17 Jul 2008 14:58:12 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/#comment-193944</guid>
		<description>[...] note: this is a follow up article to “A Run on the (Domain Name) Bank”, originally published on Domain Name Wire on November 13, [...]</description>
		<content:encoded><![CDATA[<div style="background-color: #FFfbd0">
<p>[...] note: this is a follow up article to “A Run on the (Domain Name) Bank”, originally published on Domain Name Wire on November 13, [...]</p>
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		<title>By: Denis</title>
		<link>http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/comment-page-1/#comment-106858</link>
		<dc:creator>Denis</dc:creator>
		<pubDate>Tue, 13 Nov 2007 19:56:53 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/#comment-106858</guid>
		<description>Cash flow is what kills a business.  A &quot;run on bank&quot; scenario doesn&#039;t seem that likely. Registrars don&#039;t give any money back when domains are transferred out. The money you paid to register or renew is the registrar&#039;s. 

Mass transfers boost the cash receipts of other registrars and slowly cut off the receipts of the one rumored to be shaky.

Shady practices excepted, there would be months of arrears and layoffs before a registrar became insolvent and filed for bankruptcy. And bankruptcy isn&#039;t always terminal.

Escrow is a good idea, nonetheless. So is responsible reporting. This article will unfortunately revive the (unsubstantiated) rumors of last July.</description>
		<content:encoded><![CDATA[<p>Cash flow is what kills a business.  A &#8220;run on bank&#8221; scenario doesn&#8217;t seem that likely. Registrars don&#8217;t give any money back when domains are transferred out. The money you paid to register or renew is the registrar&#8217;s. </p>
<p>Mass transfers boost the cash receipts of other registrars and slowly cut off the receipts of the one rumored to be shaky.</p>
<p>Shady practices excepted, there would be months of arrears and layoffs before a registrar became insolvent and filed for bankruptcy. And bankruptcy isn&#8217;t always terminal.</p>
<p>Escrow is a good idea, nonetheless. So is responsible reporting. This article will unfortunately revive the (unsubstantiated) rumors of last July.</p>
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	<item>
		<title>By: Patrick McDermott</title>
		<link>http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/comment-page-1/#comment-106836</link>
		<dc:creator>Patrick McDermott</dc:creator>
		<pubDate>Tue, 13 Nov 2007 18:23:41 +0000</pubDate>
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		<description>Dietmar,

Yes you certainly can lose your domain(s) if a Registrar gets in trouble AND becomes unresponsive.

During the RegisterFly fiasco domain owners would pay RegisterFly to renew expiring domains butthe domains were nort renewed.

Since it was usually difficult and often impossible to get Auth Codes, you could not transfer your domains out.

There was a work around that someone discovered but most RegFly customers did not know it.

Also RegFly often changed the WhoIs on their customers domains to all RegFly info.

It was a nightmare ...and many domains were lost.

Patrick</description>
		<content:encoded><![CDATA[<p>Dietmar,</p>
<p>Yes you certainly can lose your domain(s) if a Registrar gets in trouble AND becomes unresponsive.</p>
<p>During the RegisterFly fiasco domain owners would pay RegisterFly to renew expiring domains butthe domains were nort renewed.</p>
<p>Since it was usually difficult and often impossible to get Auth Codes, you could not transfer your domains out.</p>
<p>There was a work around that someone discovered but most RegFly customers did not know it.</p>
<p>Also RegFly often changed the WhoIs on their customers domains to all RegFly info.</p>
<p>It was a nightmare &#8230;and many domains were lost.</p>
<p>Patrick</p>
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	<item>
		<title>By: Dietmar Stefitz</title>
		<link>http://domainnamewire.com/2007/11/13/a-run-on-the-domain-name-bank/comment-page-1/#comment-106799</link>
		<dc:creator>Dietmar Stefitz</dc:creator>
		<pubDate>Tue, 13 Nov 2007 14:45:04 +0000</pubDate>
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		<description>I don&#039;t think you are going to lose the domain if the Registrar goes out of Business.
Maybe you lose the registration fee. But there should be more control for Domain Name owners.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t think you are going to lose the domain if the Registrar goes out of Business.<br />
Maybe you lose the registration fee. But there should be more control for Domain Name owners.</p>
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