From: Daniel Blickman [DBlickma@klehr.com]
Sent: Thursday, May 29, 2003 9:45 AM
To: rule-comments@SEC.gov
Subject: Re: S7-10-03

As a person with investments in the stock market, directly and through
mutual funds and pension funds, I am aware of how shareholders are often
thwarted in exercising their votes as owners.  I am also aware of the
extraordinarily large pay packages and other perks which CEOs obtain without
shareholders having any real say in the matter.  As a tax lawyer who has
worked for CEOs, I am also aware of how much time and effort they devote to
feathering their own nests.  There is no sense of limits or standards in
this area, as recent scandals have demonstrated.  What is worse, there has
been little in the way of legal obstacles to such behavior.
 
Therefore, I believe the SEC is long overdue to review corporate governance
issues related to shareholder votes and CEO accountability.  I think that
shareholders especially need to have greater ability to elect directors who
are not in the pocket of the CEOs and have the resources and motivation to
check abuses.
 
Thank you for your efforts,
Dan Blickman
 
Daniel R. Blickman
Tax Partner
Klehr Harrison Harvey Branzburg & Ellers LLP
260 S. Broad Street
Philadelphia, PA 19102-5003
Direct line: 215-569-2699
Fax: 215-568-6603.



Daniel R. Blickman
Tax Partner
Klehr Harrison Harvey Branzburg & Ellers LLP
260 S. Broad Street
Philadelphia, PA 19102-5003
Direct line: 215-569-2699
Fax: 215-568-6603.