Subject: File No. S7-19-07
From: mike e taillefer

July 9, 2008

according to the securities act of 1934 ftds are illegal.

so it appears you are asking for public comment on an illegal activity that you sanction.

i think people should not sell things they do not own. if you let a few privileged rich bastards get away with this they are sure to abuse it. further, does it serve the purpose of the stakeholders in the company and the greater society or is it just an easy way for the advantaged to take advantage, again?

seriously you are asking for comments on an illegal and an immoral activity. please get it together, the rest of the world is laughing at us.