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To: Darren DeNunzio who wrote (11210)	7/9/2002 8:32:13 AM
From: paul t	Read Replies (2) \| Respond to of 11568

The framework proposes a Public Accountability Board (PAB) be formed to oversee the auditing process. Isn't that what the SEC should have been doing in the first place. This rule, in my opinion, is only an attempt to quiet those who are questioning the SEC's role in all of this. This is the 2nd NEW agency under Bush's smaller government! It's bureaucratic BS! We need another agency to do the first agency's job?!?! Then what we create an agency to punish them if they fail? Then an agency to house them for punishment? Why not hire someone to oversee all of the agencies? Why?? Here's why... roughly. The SEC should catch them, the Justice Dept should punish them and the President should oversee them.