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To: Robert Douglas who wrote (172652)	1/28/2003 12:52:38 PM
From: The Duke of URL©	Respond to of 186894

" It will be shareholders (read owners) that will band together and elect responsible board members." What are YOU smoking and will you share it with the rest of us. You are right about the SEC, but for the wrong reason. The purpose of the SEC, in a free society, is to enforce DISCLOSURE. It is for the private citizen to determine whether or not to invest, or whether or not to sue, to correct a wrong. The sharehold needs more power, NOT GOVERNMENT assistance. The Bush tax proposal on dividends would go a thousand miles toward this goal. By increasing the importance of dividends to a company and it shareholders, the rock will then only be turned over to expose the worms.

To: Robert Douglas who wrote (172652)	1/28/2003 12:55:46 PM
From: steve harris	Read Replies (3) \| Respond to of 186894

re: Already some big mutual funds are shedding the rubber stamp image that they once had and are taking an active roll in governing the companies where their money is invested. foxnews.com In a 4-1 vote, the SEC commissioners adopted a rule that has drawn objections from the mutual fund industry, including heavyweights Vanguard and Fidelity Mutual funds continuing to hide their good ole boy operations looks like a rubber stamp image to me. Steve