Dear OIG Kotz and Chairman Cox:

I have called and emailed on several recent occasions Chris Cox in re the above-captioned matters, emailing Chris on 12/21,12/24,12/26, and 12/28- the purpose of said emails was to alert the SEC of the massive swindle by both Bernard Madoff [Madoff] and Thomas Petters [Petters] here in the Minnesota District and to accordingly ask Chris, as a $40+ million creditor of Petters, to initiate a rescission of Polaroid which Petters acquired with $426 million in swindled cash in June of 2005. I understand that Chris will be leaving office soon and therefore forthwith action on this will be in the best interests of the victims, the agency, and Chris personally. US Attorney David Kelley and I alerted the SEC’s New York Regional Office on this in June of 2005, but agency personnel “dropped the ball” with Petters as Chris advised they had with Madoff. If he has already not done so, please have Chris review these email transmissions and do get back to me with a rescission plan strategy or other appropriate expedited remedies which Chris can get done before leaving office [when does he leave office?]. I will call you Monday. The reason I went directly to Chris on this is because Petters has already been indicted on 20 counts of fraud and has been in prison now for 3 months awaiting trial where his co conspirators [all now convicted ] will testify against him. From an investigatory point of view, there is nothing to further investigate and an expedited rescission will offer near-term relief to me personally as well as the many others he has swindled. I have been waiting a return of and on capital on seven promissory notes since 1997 and suffered a stroke in May, 2005 over the stress caused by having to live this way since 1997.

Thank you for your expedited courtesies.

Richard Hettler
Minneapolis
612 285-8458