Subject: Comments for File Number S7-12-11

May 23, 2011

I’m writing because my country was devastated by the big bank collapse. Wall Street and the banks made these destructive maneuvers and then the citizens paid and they walked away unaffected.

There should be no more big banks that are too big to fail. If they lose money their officers and CEOs should get no bonus and reduced salaries.

No banker or CEO is worth millions, not even one million. What purpose do they serve in the scheme of things. A mother, nurse, or teacher does more for the country.

I have to worry about my pension and watch my taxes get raised because of them. I am really fed up with big business in this country. And big business should not even have a place at the table for regulations. They don't deserve it and can not be trusted.

Lorna Paisley