From: Laurie [laurielou@peoplepc.com]
Sent: Monday, March 08, 2004 10:11 AM
To: rule-comment@sec.gov
Cc: laurielou@peoplepc.com
Subject: S7-03-04:

I am in favor of an outside party overseeing the mutual funds.  When a  man has to 
choose between money going into his pocket or someone else's pocket, almost 
always, he will choose his own pocket.  Money corrupts good character and most men 
don't have the power to resist the temptation of taking the money, as has been 
proven time and again. 
The guidelines for the overseer(s) should be as strict as possible without 
possible political or monetary gain going to those chosen.  
I'd like to see the SEC create guidelines for CEO's and boards of companies.  This 
is also a place where personal greed and cronyism collides with the interest of 
the employees and stockholders of companies.  The ones on display now, of course, 
are Enron, WorldCom, Tyco. and Health South.  Delta Air Lines would be a good 
example of a company that skirted the law and put money in the top executives 
coffers, without regard to stockholders or employees.  There must be laws in 
place, without loopholes.  
This is a concern for many Americans.  It's a snake about to strike and many 
political careeers will rest on how many employees are affected by these 
loopholes.

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