Co. buys back Bush library domain name for $35K
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DALLAS – George W. Bush’s presidential library domain name has been retrieved after a Web developing company accidentally let it expire — and it apparently came at a high price.

Raleigh, N.C.-based Illuminati Karate paid less than $10 for the http://www.GeorgeWBushLibrary.com domain name and sold it back earlier this year for $35,000 to the library’s contracted Web developers, Yuma Solutions, said George Huger, lead Web developer for Illuminati Karate.

http://tech.yahoo.com/news/ap/20081212/ap_on_hi_te/odd_bush_library_web_site

I find this stupid and a waste of money.
If they lost the domain name, why couldn’t they just get another one?