Subject: File No. S7-12-11
From: Mark Kane

May 26, 2011

Too Big To Fail is too big. Our nation's prosperity should not be a gambling chip in the hands of the financial industry. Nor should bailouts be socialized and the benefits privatized by the bailed out. I want to see more oversight, regulation and transparency.

I’m writing because my family and I were affected by the economic collapse of 2008, and we don’t want it to happen again.

One way to change the incentives so Wall Street doesn’t collapse our economy again would be for regulators to set up a way for shareholders to grab back ill-gotten gains.

If it turns out that the profits in a given year were built on shoddy practices that become clear in the out-years, those bonus payments should be forfeited.

Thank you for considering my comment,

Mark Kane

Des Moines, IA