Subject: File No. S7-14-08
From: Frank C. Maiese

September 7, 2008

I work in my county in Florida Brevard. I see alot of Seniors. Most have lost money from there advisores. You know None of the people have heard from there so called Advisores brokers .. Why not go after them. They put these old people in High risk products. When I have asked if they person sold this to them did they do a risk analysis they say no. Did this person show you o how risky these funds are NO I would like to know How you can lose money in an indexanuity besides the Liquity charge. Please set me stright. I am one who gave up my 6,63 . I am tired of the market losses. I work with our seniors. Stocks are not at whole sale prices so buy more. In the 70's and 80's they should be in a safe product.
Frank C. Maiese