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Comment for Proposed Rule 75 FR 80747

  • From: Theodora Crawford
    Organization(s):
    US Citizen and Taxpayer

    Comment No: 34775
    Date: 2/18/2011

    Comment Text:

    Submitter Info:
    First Name: Theodora
    Last Name: Crawford
    Mailing Address: 1812 Delaware St., #302
    City: Berkeley
    Country: United States
    State or Province: CA
    Postal Code: 94703
    Organization Name: US Citizen and Taxpayer

    I worked in finance (Bay View Savings investment dept) and saw first "derivatives", CMOs that even in the late '80s were too complex for my boss to understand.

    It is scandalous that even consideration that such investment vehicles should be exempt from scrutiny is to promote sabotage of our economy!

    For once, DO YOUR JOB RESPONSIBLY and regulate all speculative financial constructions. Student loans will be next!

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