[Wikimedia-l] Annual Audit of the Wikimedia Foundation

[James Salsman]

> The annual audit of the Wikimedia Foundation, for the fiscal year ending
> June 30, 2012 and the corresponding FAQ have been posted on the financial
> reports <http://wikimediafoundation.org/wiki/Financial_reports> page of the
> Wikimedia Foundation web site.
>
> Please contact me with any questions.

Garfield,

During your IRC office hours of April 12, 2012, you appeared to accept
and speak highly of the suggestion that the Foundation transfer the
bulk of its cash reserves from Citibank certificates of deposit to
federally insured credit union certificates of deposit, which were
then and still paying about four times as much interest. It is unclear
from the auditors' statements whether you accomplished this. Did you?

Sincerely,
James Salsman