Subject: File No. S7-08-09
From: David Valpreda

April 22, 2009

Corrupt, greedy, incompetent, ignorant, traitorous are just a few of the words I would use to describe all the government agencies and politicians tasked with regulating and protecting our financial system. Their job is to protect ALL investors not just those making huge political contributions. And now we know how well that worked out

Thirty years of contributions to my IRA and 401k have been nearly wiped out. I am 57 and dont have another thirty years to recoup the loss. I am pulling out what little I have left and will never again invest in the stock market.

Thanks for protecting me so well
David Valpreda