Subject: Comments for File Number S7-12-11

May 24, 2011

Iím writing because I was affected by the economic collapse of 2008, and I donít want it to happen again.

Wall Street greed and outrageous pay practices were a major cause of the collapse. One way or the other, bankers' compensation packages must be tied to long term heath/performance of the bank, not to short term so called "profits" which can just be a house of cards.

Thank you for considering my comment,

J Kristin Hedges