Subject: File No. S7-03-06
From: Archibald Laskas

April 11, 2006

I know it's a late arrival but perhaps someone will read it. I am in full agreement with the proposal to lower the reporting threshold for the use (and abuse) of a company aircraft by the executives of that company. I further propose that these overpaid, overembelished fatcats should be held accountable for more of the costs incurred in the use/abuse of these aircraft than just the SIFL rates as they now apply. These guys are getting away with murder at the expense of low shareholder earnings and pityfull employee remuneration increases while they are lavished with totally unwarranted bonuses, stock option grants and too many other bogus perks.