Bimini Capital Management (BMNM) 8-K Changes in Registrant.s Certifying Accountant

Exhibit 16.1

April 17, 2008

Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549

We have read Item 4.01 of Form 8-K dated April 14, 2008, of Bimini Capital Management, Inc. and are in agreement with the statements contained in the second and third paragraphs on page one therein. We have no basis to agree or disagree with other statements of the registrant contained therein.

/s/ Ernst & Young LLP