Subject: File No. S7-12-11
From: Cheryl McKinney

May 26, 2011

Let's learn a couple of things from the collapse of 2008.  For example, delaying the bonuses until loans prove themselves sound would be a good idea.

Otherwise, we repeat these painful situations:
- My son graduated with honors and looked for his first full-time job for 9 months.  We are crossing fingers that the one he found with hold up.
- My daughter will graduate this month into the grimmest of job markets. We are all trying to keep positive while keeping a room ready at  home should she need a place to stay.
- Our local school districts have cut student services, such as nurses and busses, to the bone.  Now they are looking at increased class sizes and fewer instructional days.

Otherwise, we repeat the above scenarios, symptoms of the disintegration of our society, because we have continued to allow greedy Wall Streeters to prey on all of us.  Would that not be outrageous???

Thank you for considering my comment,

Cheryl McKinney

Carmichael, CA