.nxt reporting on ICANN, the entity in-charged of keeping the internet working:

Despite repeated and blatant abuse of its rules, despite active community support and information-gathering, and despite repeated efforts through its own rules and procedures to get ICANN to act, the organization has consistently failed to deal with a clear-cut compliance case for more than 18 months.

It has missed deadlines, skirted flaws in its own processes (and refused to recognize those flaws even when pointed out), ignored repeated warnings, consciously refused to act to resolve the issue, spent six months doing a job that takes one day, twice tried to hide its own mistakes, and at the very height of absurdity, refused to address a direct question in a Congressional hearing while sat next to the very person who it itself had accused of “backroom deals”.

It sounds exactly like the [SEC] which sat on silver-plattered evidence submitted by whistleblowers about the Bernie Madoff Ponzi scam and did absolutely nothing for almost 10 years.