From: Lisa Eggers [leggers@attbi.com]
Sent: Thursday, June 12, 2003 2:17 AM
To: rule-comments@sec.gov
Subject: Re: S7-10-03

I have numerous investments in retirement and other accounts and have lost 
hundreds of thousands of dollars in the past three years directly as a result 
of poor governance at public companies, particularly the unwillingness of 
directors to stand up and act independently.  I am frustrated and disgusted 
by the waves of revelations about corporate frauds, and know there are more 
that we have not yet heard of, and may never hear of. 

One important measure the SEC could take is to strengthen the rules regarding 
the nomination and election of outside directors.  The directors are the only 
line of defense most shareholders have.  Millions of people like me lack the 
power individually to make a difference; we rely on directors to represent us.  

I support the SEC’s efforts to review the proxy rules, particularly any effort 
to increase shareholders’ ability to select directors.

Thank you.

 
/Lisa Strauch Eggers/

Lisa Strauch Eggers
Attorney at Law
Tel 206-232-1288
Fax 206-232-8395
lisa@leggerslaw.com

 

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