From: Gaffney, Tony J [mailto:Tony.J.Gaffney@PHSchool.com]
Sent: Monday, March 29, 2004 5:30 PM
Subject: Reform of process for selecting, electing members of Corp. Boards .

Trust the investors-give owners the right to truly have a voice in the selection of board members. Give us a chance to stop the looting & bring some rational thought to exec comp. We could save 100,000 jobs ( or more) just by cutting out obscene $40MM packages like Grasso's & Weill's. These guys cut or outsource jobs to save the bucks & collect it all for themselves.