From: S. Posusta
Sent: Monday, March 29, 2004 6:16 PM
Subject: S7-19-03

Dear Madam/Sir:

Recent events in corporate governance show that shareholders need increased protections against cronyism and excessive coziness between board members and corporate management.

Please do what you can, within the limits of your legal powers, to fulfil the SEC's function as a protector of shareholder interests and efficient market operations.


S. Posusta