May 23, 2011
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.
BUSINESS LOBBYISTS ARE NOT CITIZENS AND SHOULD HAVE ZERO AFFECT ON OUR GOVERNMENT WHICH WAS CONCEIVED FOR THE PEOPLE BY THE PEOPLE. THEREFORE, THE BEST REFORM WOULD BE TO OUTLAW CORPORATE LOBBYING UNREPRESENTATIVE OF INDIVIDUAL CITIZENS.
Thank you for considering my comment,
trevor christensen