The second thing that could be done is to declare a dividend. There are many insurance companies and big banks that declared big profits but did very little to help the share holders to stay in the markets. They only rewarded themselves to big fat bonuses. There is nothing wrong in giving a fair and just bonus if one has helped the bottom line and enhanced the share holder value. Lot of investors are pulling out whatever money they can get from the stock market and have invested in fixed deposits at the finance companies and banks. A dividend would reduce this depletion of market capital to a large extent. In this instance the Government also can help by declaring a temporary freeze to the taxes withheld from the dividends. The companies have already paid taxes on the profits earned and it is not fair to tax the individual share holder again. The stock market dividends are supposed to be tax free. However, no body bothers to file tax return to reclaim these taxes that are withheld from the dividends.
If collectively the Companies, The Government and the SEC do not do some thing we will not be the "wonder of Asia" but the laughing stock market in the world. It seems to me that collectively they are all sleeping at the wheel and hurling aimlessly unaware of the dangers ahead. I pray that they all wake up soon and do something constructive to help the market. Lokka1