Professional Documents
Culture Documents
Islam: The Perfectly Complete Religion
Islam: The Perfectly Complete Religion
7KH3HUIHFWO\
&RPSOHWH5HOLJLRQ
%\WKHHPLQHQWVFKRODU
0XKDPPHG$O$PHHQLEQ0XKDPPHG$O0XNKWDU
$VK6KLQTHHWHH
$OODK<KDYHPHUF\RQKLP
²
&RQWHQWV
7UDQVODWRU·V3UHIDFH
,QWURGXFWLRQ
7KHILUVWLVVXH$W7DZKLG,VODPLFPRQRWKHLVP
$QGLWVFDWHJRULHV
2QH7DZKLG$U5XEXEL\\DK
7ZR7DZKLG$O8OXKL\\DK
7KUHH7DZKLG$O$VPDDZD$V6LIDW
7KHVHFRQGLVVXH$O:D·GK
7KHWKLUG,VVXH7KH'LIIHUHQWLDWLRQ%HWZHHQ
5LJKWHRXV'HHGVDQG8QULJKWHRXVGHHGV
7KHIRXUWK,VVXH5XOLQJZLWKRWKHUWKDQWKH
6KDULDK,VODPLF/DZ
7KH ILIWK,VVXH7KH6RFLDO&RQGLWLRQVRI6RFLHW\
7KHVL[WK,VVXH7KHHFRQRP\
7KHVHYHQWK,VVXH3ROLWLFV
7KHHLJKW,VVXH7KHNXIIDDU·VGRPLQDWLRQRIWKH
0XVOLPV
7KHQLQWK,VVXH7KH0XVOLPV·ZHDNQHVV
7KHWHQWK,VVXH7KHGLOHPPDRIGLYLGHGKHDUWV
$ERXW8V,QYLWDWLRQ7R,VODP
M
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
$XWKRU·VELRJUDSK\
+LV QDPH LV 0XKDPPHG $O$PHHQ LEQ 0XKDPPHG $O
0XNKWDULEQ$EGXO4DGLU$O-HNQ\$VK6KLQTHHWHH+HZDVERUQ
LQ+LMUDKLQ6KLQTHHW0DXULWDQLDRIDIDPLO\RIVFKRODUVPHQ
DQG ZRPHQ DOLNH $OWKRXJK KLV SDUHQWV GLHG ZKLOH KH ZDV VWLOO
YHU\ \RXQJ KH VWXGLHG ZLWK KLV SDWHUQDO XQFOH DQG DXQW ZLWK
ZKRPKHOLYHGDIWHUZDUGV+HVWXGLHGZLWKWKHJUHDWVKD\NKVRI
WKDW ODQG VWXG\LQJ WKH 4XU·DQ )LTK XQGHU WKH 0DOLNL
PDGKKDE 7DIVLU +DGLWK 8VXO 1DKZ 6DUI %DODDJKDK
3RHWU\ DQG RWKHU ,VODPLF 6FLHQFHV +H DVVXPHG WHDFKLQJ DQG
EHFDPH D PDMRU MXGJH LQ WKH ODQG ODWHU KH ZDV ZDQWHG E\ WKH
)UHQFK DQG VHQWHQFHG WR GHDWK E\ WKHP WKH\ FRORQL]HG WKDW
FRXQWU\DORQJZLWKRWKHU1RUWK$IULFDQ0HGLWHUUDQHDQFRXQWULHV
IRUUHIXVLQJWRVXEPLWWRWKH)UHQFKDQGWKHLUFDOO+RZHYHUKH
HVFDSHGWKHP
,Q+LMUDKKHZHQWWRSHUIRUP+DMMDQGZKLOHLQ$O
0HGLQDK KH JDYH VRPH OHVVRQV LQ WKH 3URSKHW·V 0DVMLG :KHQ
WKRVH LQ FKDUJH DQG UHVSRQVLEOH RYHU WKH PDVMLG·V DIIDLUV EHFDPH
DZDUH RI KLP WKH\ DVNHG WKDW KH UHPDLQ DQG FRQWLQXH WHDFKLQJ
WKHUH E\ UHTXHVW IURP WKH NLQJ $EGXO$]L] $O6DXG KLPVHOI
,VODPLF/DZRUMXULVSUXGHQFH
2QH RI WKH IRXU PDLQ VFKRROV +DQDIL 0DOLNL 6KDIL·L DQG +DQEDOLRIODZRU
WKRXJKW RU PRUH SUHFLVHO\ WKH PHWKRGRORJ\ RI GHULYLQJ ,VODPLF UXOLQJV
DFFRUGLQJWR,PDDP0DOLN,EQ$QDVUDKLPDKXOODK
([HJHVLVRIWKH4XU·DQ
5HSRUWVRIWKHVWDWHPHQWVDQGDFWLRQVRIWKH3URSKHW0XKDPPDGPD\$OODK
H[DOWKLVPHQWLRQ
)XQGDPHQWDOEDVHVRI,VODPLFMXULVSUXGHQFH
*UDPPHU
0RUSKRORJ\
5KHWRULF
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KHQDIWHUGLIIHUHQWWHDFKLQJSRVLWLRQVWKURXJKRXWWKH.LQJGRP
LQ KH EHJDQ WHDFKLQJ DW 7KH ,VODPLF 8QLYHUVLW\ RI $O
0HGLQDKXSRQLWVRSHQLQJ
7KH 6KD\NK KDV PDQ\ JUHDW ZRUNV DOO KDYH EHHQ SXEOL
VKHG
$GZDD$O%D\DDQ)L7DIVLU$O4XU·DQ%LO4XU·DQ
$O0XGKDNLUDK)L8VXO$O)LTK
$GDE$O%DKWK:DO0XQDGKDUDK
'DI·X,KDP$O,GWLUDE¶$Q$\DDW$O.LWDDE
1DWKU$O:XUXG¶$OD0DUDTL$V6X·XG
7KH6KD\NKZDVNQRZQIRUKLVLPPHQVHNQRZOHGJHLQWKH
DIRUHPHQWLRQHG,VODPLF6FLHQFHVDVZHOODVKLVSLHW\KXPEOHQHVV
VLPSOLFLW\ LQ OLYLQJ GHYRWLRQ WR OHDUQLQJ DQG WHDFKLQJ YLUWXRXV
FKDUDFWHUDQGPRUH+HLVQRWHGDVVD\LQJLQUHJDUGVWRKLVJUHDW
KDWUHGRIJKLEDKEDFNELWLQJ´+RZFDQ,WDNHWKHPRVWSUHFLRXVWKLQJ
,SRVVHVV²WKDWEHLQJP\KDVDQDWJRRGGHHGV²DQGJLYHWKHPWRDQRWKHU
LQH[FKDQJHIRUKLVKRQRUDQGUHSXWDWLRQµ
7KLVLVDPRQXPHQWDOPDVWHUSLHFHFRPPHQWDU\RIWKH4XU·DQ
7KLVLVDERRNGHDOLQJZLWKWKH,VODPLF6FLHQFHRI8VXO$O)LTKZKRVHVXEMHFW
GHDOVZLWKWKRURXJKUHVHDUFKRIWKHHYLGHQFHVIURPZKLFK,VODPLF/DZLVGHULYHG
IURP DQG WKH XQGHUVWDQGLQJ RI WKRVH HYLGHQFHV IRU H[DPSOH WKH 4XU·DQ WKH
6XQQDK,MPD·D4L\DVHWF
7KHVXEMHFWRIWKLVERRNGHDOVZLWK0RQWLTORJLFDQGUHDVRQLQJEXWGHYRLGRI
ZKDWLVXQLVODPLF7KHERRNXVHGWREHWDXJKWLQWKHXQLYHUVLW\LQWKH&ROOHJH
RI'D·ZDK
7KLVERRNGHDOVZLWKWKRVH$\DDWRIWKH4XU·DQWKDWVHHPWREHFRQWUDGLFWRU\
WRWKHDYHUDJHSHUVRQZKHUHDVWKHVKD\NKFODULILHVZKDWPD\EHPLVXQGHUVWRRG
7KLVERRNLVDQH[SODQDWLRQRIDIDPRXVSRHPWKDWJDWKHUVWKHVFLHQFHRI8VXO
$O)LTK
7KHUHIHUHQFHIRUWKLVLV1DWKU$O:XUXG¶$OD0DUDTL$V6X·XG
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KHUHQRZQHGIRUPHUPXIWLRI6DXGL$UDELD0XKDPPHG
LEQ,EUDKLP$OODK<KDYHPHUF\XSRQKLPVDLGSUDLVLQJKLP
´+HLVILOOHGZLWKNQRZOHGJHIURPKLVKHDGWRKLVIHHWµ$OVR´$PLUDFOH
LQKLVNQRZOHGJHRI,VODPLF6FLHQFHVWKH4XU·DQ$UDELF/DQJXDJHDQG
$UDELF 3RHWU\µ
7KH 6KD\NK GLHG DIWHU KDYLQJ IDOOHQ LOO XSRQ UHWXUQLQJ
IURP +DMM LQ WKH \HDU +LMUDK DQG ZDV EXULHG LQ 0DNNDK
$OODK < JUDQW KLP D VSHFLDO SODFH LQ -DQQDK 3DUDGLVH
ZLWK WKH RWKHU QREOH VFKRODUV RI ,VODP UHSODFH WKH OLNHV RI WKHP
ZLWKHTXDOVRUHYHQEHWWHUDQGXOWLPDWHO\XSRQRXUGHDWKIRUJLYH
XVKDYHPHUF\XSRQXVDQGEOHVVXVWREHLQ-DQQDKDORQJZLWK
WKHSURSKHWVWKHULJKWHRXVWKHPDUW\UVDQGWKHYLUWXRXV,QGHHG
WKHLUFRPSDQLRQVKLSLVEOHVVHG$PHHQ$PHHQ$PHHQ
$QGWKHQ
0D\WKH%OHVVLQJVRI$OODK<EHXSRQRXU%HORYHG
3URSKHW0RKDPPDGKLVIDPLO\DQGDOOKLVFRPSDQLRQV
$OO3UDLVHDQG*UDWLWXGHLVWR$OODK<DORQHWKH/25'RIDOO
FUHDWLRQ
+HLVWKHWRSHOHFWHGRIILFLDOIRUJLYLQJOHJDOYHUGLFWV
7KHUHIHUHQFHIRUWKLVLV1DWKU$O:XUXG¶$OD0DUDTL$V6X·XG
M
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
,QWKHQDPHRI$OODKWKH0RVW0HUFLIXOWKH&RPSDVVLRQDWH
$OO SUDLVH LV GXH WR $OODK < /RUG RI WKH 8QLYHUVH DQG
SUD\HUVDQGSHDFHEHXSRQRXUSURSKHW0XKDPPHGHKLVIDPLO\
WFRPSDQLRQVWDQGDOOZKRFDOOWRKLVFDOOLQJWLOOWKH'D\RI
-XGJPHQW
7RSURFHHG
6R KHUH ZH KDYH WKLV OHFWXUH WKDW , JDYH LQ WKH 0DVMLG
0RVTXH RI WKH SURSKHW H XSRQ UHTXHVW IURP WKH NLQJ RI
0RURFFR +HQFH VRPH RI P\ EURWKHUV UHTXHVWHG RI PH WKH
WUDQVFULSWLRQRILWVRWKDWLWPD\EHSXEOLVKHGIRUGLVWULEXWLRQ6R
,UHVSRQGHGWRWKHLUUHTXHVW ZLWKKRSHLQ$OODKWKDWLWZLOOEHRI
EHQHILW
$OODKWKH0RVW+LJKVD\V
7KLV GD\ , KDYH SHUIHFWHG IRU \RX \RXU UHOLJLRQ DQG KDYH
FRPSOHWHGP\EOHVVLQJVXSRQ\RXDQGDPSOHDVHGLQKDYLQJ
FKRVHQ$O,VODPIRU\RXDV\RXUFRPSOHWHUHOLJLRQ
>$O0DLGDK@
7KDW GD\ LV WKH GD\ RI $UDIDW DQG WKDW ZDV RQ )ULGD\
GXULQJWKH)DUHZHOO+DMM7KLVQREOHYHUVHZDVUHYHDOHGZKLOHWKH
SURSKHW H ZDV VWDQGLQJ LQ $UDIDW DQG KH OLYHG DIWHU LWV
UHYHODWLRQ IRU HLJKW\RQH QLJKWV $OODK WKH ([DOWHG VWDWHG LQ WKLV
QREOH YHUVH WKDW +H KDV SHUIHFWHG IRU XV RXU UHOLJLRQ 7KHUHIRUH
QRWKLQJZLOOHYHUEHWDNHQDZD\IURPLWQRUZLOOWKHUHEHQHHGWR
DGG DQ\WKLQJ WR LW )RU WKLV UHDVRQ $OODK ILQDOL]HG SURSKHW KRRG
ZLWKRXUSURSKHWHDVWKHVHDORIWKHSURSKHWVXSRQWKHPDOO
EHWKHSHDFHDQGEOHVVLQJVRI$OODK<
,Q DGGLWLRQ $OODK VWDWHV WKDW +H LV LQGHHG SOHDVHG LQ
KDYLQJFKRVHQIRUXV$O,VODPDVRXUUHOLJLRQ&RQVHTXHQWO\+H
ZLOO QHYHU HYHU EH GLVSOHDVHG ZLWK LW )RU WKLV +H FOHDUO\ VWDWHG
WKDW +H ZLOO QHYHU DFFHSW RWKHU WKDQ $O,VODP IURP DQ\RQH +H
VD\V
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
$QG ZKRHYHU ZDQWV RWKHU WKDQ $O,VODP DV KLV UHOLJLRQ LW
ZLOOQHYHUEHDFFHSWHGRIKLPDQGKHZLOOEHLQWKH+HUHDIWHU
RIWKHORVHUV>$DOL¶,PUDQ@
,QDQRWKHUYHUVH+HVWDWHV
,QGHHGWKHUHOLJLRQDFFHSWHGE\$OODKLV$O,VODP
>$DOL¶,PUDQ@
6RLQWKHFRPSOHWLRQRIUHOLJLRQDQGWKHFOHDUH[SODQDWLRQ
RI LWV ODZV DOO RI WKHPOLHDOOWKHEOHVVLQJVIRUERWK WKLVZRUOG
DQGWKH+HUHDIWHU7KLVLVZK\$OODKVD\V
«DQGKDYHFRPSOHWHGP\EOHVVLQJVXSRQ\RX«
>$O0DLGDK@
)XUWKHUPRUH WKLV QREOH YHUVH LV FOHDU SURRI WKDW WKH
UHOLJLRQ RI ,VODP H[SODLQHG DQG FODULILHG HYHU\ VLQJOH PDWWHU WKDW
PDQNLQGQHHGVERWKIRUWKHOLIHRIWKLVZRUOGDVZHOODVWKHOLIHRI
WKHKHUHDIWHU
7R H[HPSOLI\ WKLV ZH ZLOO XVH WHQ JUHDW LVVXHV WKDW DUH RI
LPSRUWDQFH WR PDQNLQG ZLWK UHIHUHQFH WR WKLV ZRUOG DQG WKH
+HUHDIWHUDQGZKLFKDUHFHQWUDOWRWKHOLIHRIWKLVZRUOG$QGLQ
PHQWLRQLQJSDUWRIWKHVHDWWHQWLRQLVGUDZQWRWKHUHVWRIWKHP
7KH)LUVW $W7DZKHHG,VODPLFPRQRWKHLVP
7KH6HFRQG $GPRQLWLRQDQGSUHDFKLQJ
7KH7KLUG 7KH GLIIHUHQWLDWLRQ EHWZHHQ ULJKWHRXV GHHGV DQG
XQULJKWHRXVGHHGV
7KH)RXUWK 5XOLQJZLWKRWKHUWKDQWKH6KDULDK,VODPLF/DZ
7KH)LIWK 7KHVRFLDOFRQGLWLRQVRIVRFLHW\
7KH6L[WK 7KH(FRQRP\
7KH6HYHQWK 3ROLWLFV
7KH (LJKWK 7KH SUREOHP RI WKH NXIIDDU·V GLVEHOLHYHUV
GRPLQDWLRQRYHUWKH0XVOLPV
7KH1LQWK 7KH SUREOHP RI WKH 0XVOLPV ZHDNQHVV DQG
LQDELOLW\ WR HPSRZHU DQG EDWWOH WKH NXIIDDU LQ
TXDQWLW\DQGSUHSDUDWLRQ
7KH7HQWK 7KH SUREOHP RI WKH GLIIHULQJ DQG GLVDJUHHPHQW RI
WKHKHDUWVZLWKLQVRFLHW\
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
:H VKDOO H[SODLQ WKH VROXWLRQ WR WKHVH SUREOHPV IURP WKH
4XU·DQ)XUWKHUPRUHWKLVTXLFNDQGEULHIUHIHUHQFHWRWKHVROXWLRQ
RI DOO WKHVH SUREOHPV WKURXJK WKH 4XU·DQ LV DQ LQGLFDWLRQ WKDW
ZLWKLQLWOLHVROXWLRQVWRRWKHUWKDQWKHVHSUREOHPV
7KHILUVWLVVXH$W7DZKHHG¾·¬ó¡,VODPLF0RQRWKHLVP
,WLVUHFRJQL]HGWKURXJKFDUHIXOH[DPLQDWLRQRIWKH4XU·DQ
WKDW7DZKHHGLVGLYLGHGXSLQWRWKUHHGLYLVLRQV
x 7KHILUVW7DZKHHG$U5XERREL\\DK
,W LV WKLV DVSHFW RI WDZKHHG WKDW ZH ILQG PDQNLQG LV
QDWXUDOO\LQFOLQHGWRDFFHSW$OODKWKH([DOWHGVD\V
$QGLI\RXZHUHWRDVNWKHPZKRFUHDWHGWKHPWKH\ZRXOG
FHUWDLQO\VD\$OODK>$]=XNKUXI@
+HDOVRVD\V
6D\ ZKR JLYHV \RX VXVWHQDQFH IURP WKH VN\ DQG WKH HDUWK
DQGZKRSRVVHVVHVFRQWURORYHUWKHKHDULQJDQGYLVLRQDQG
FUHDWHVWKHOLYLQJIURPWKHGHDGDQGWKHGHDGIURPWKHOLYLQJ
DQG ZKR LV LQ FRQWURO RI DOO WKH DIIDLUV 9HULO\ WKH\ ZRXOG
UHSO\$OODK7KHQVD\ZLOO\RXQRWWKHQIHDUDQGEHFRQVFLRXV
RI\RXU/RUG><XQXV@
$QGWKHUHDUHPDQ\RWKHUYHUVHVOLNHWKHVH
+RZHYHU3KDUDRK
VGHQLDORIWKLVWDZKHHGDV$OODK<
WHOOVXVWKLVLQWKH4XU·DQ
3KDUDRKVDLGDQGZKRLV/RUGRIWKHXQLYHUVH
>$VK6KX·DUDD@
LVGXHWRKLVDUURJDQFH7KHHYLGHQFHIRUWKLVLVWKHYHUVH
>7UDQVODWRU·V QRWH 7KLV WDZKHHG UHIHUV VSHFLILFO\ WR WKH XQLTQHVV RI $OODK·V
DFWLRQVOLNHFUHDWLQJJLYLQJOLIHVXVWDLQLQJLWDQGPDLQWDLQLQJLWHWF@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
0RVHV VDLG WR 3KDUDRK FHUWDLQO\ \RX NQRZ WKDW QRQH
RWKHUKDVVHQWGRZQWKHVHVLJQVPLUDFOHVH[FHSWWKH/RUGRI
WKHKHDYHQVDQGHDUWKDVH\HRSHQHUV>$O,VUDD@
$OODK<VD\V
$QGWKH\UHMHFWHGDQGGHQLHGWKHPWKHVLJQVDQGPLUDFOHV
LQ KDXJKWLQHVV DQG RSSUHVVLYHQHVV DOWKRXJK WKHLU LQQHU
VHOYHVPRVWDVVXUHGO\FRQILUPHGWKHP>$Q1DPO@
6R WKDW·V ZK\ WKH 4XU·DQ ZRXOG EH UHYHDOHG DIILUPLQJ
WKLV ILUVW W\SH RI 7DZKHHG E\ ZRUGLQJ RI D UKHWRULFDO TXHVWLRQ
VD\LQJ
,VWKHUHGRXEWLQ$OODK"
>,EUDKLP@
,QVLPLODUIDVKLRQ$OODKVWDWHV
6D\VKRXOG,VHHNRWKHUWKDQ$OODKDV/RUGZKLOH+HLVWKH
/RUGRIHYHU\WKLQJ">$O$Q·DP@
,Q\HWDQRWKHUYHUVH$OODKVWDWHV
6D\ ZKR LV WKH /RUG RI WKH KHDYHQV DQG WKH HDUWK" 6D\
$OODK>$U5D·G@
$QGWKHOLNHVRIWKHVHYHUVHVDUHPDQ\WKLVLVEHFDXVHWKH\DWWHVW
WRWKHIDFWWKDW$OODKLV/RUG
+RZHYHUWKLVW\SHRI7DZKHHGDORQHGLGQRWEHQHILWWKH
GLVEHOLHYHUV EHFDXVH WKH\ GLG QRW PDQLIHVW WKLV RQHQHVV LQ WKHLU
ZRUVKLSRIDQGREHGLHQFHWR$OODK$OODK<VD\V
$QGPRVWRIWKHPZLOOQRWEHOLHYHLQ$OODKH[FHSWWKDWWKH\
DUH SRO\WKHLVWV ZRUVKLSSLQJ RWKHU IDOVH GHLWLHV DORQJ ZLWK
$OODK><XVXI@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
,QDQRWKHUYHUVH+HVWDWHVZKDWWKHSRO\WKHLVWVFODLP
:HGRQRWZRUVKLSWKHPH[FHSWVRWKDWWKH\EULQJXVFORVHU
WR$OODK>$]=XPDU@
$QGWKH\VD\WKH\DUHRXULQWHUFHVVRUVZLWK$OODK6D\ZLOO
\RXLQIRUP$OODKRIZKDW+HGRHVQRWNQRZ"><XQXV@
x 7KH6HFRQG7DZKHHG$O8OXKL\\DK
7KLVLVWKHDVSHFWRI7DZKHHGRYHUZKLFKDOOWKHZDUVZHUH
IRXJKWEHWZHHQWKHPHVVHQJHUVHDQGWKHLUQDWLRQV7KLVLVWKH
PDLQ PLVVLRQ WKDW WKH PHVVHQJHUV X ZHUH VHQW WR DFFRPSOLVK
,WVHVVHQFHLVWKHUHLVQRJRGZRUWK\RIEHLQJZRUVKLSSHGH[FHSW$OODK
,WLVEXLOWXSRQWZRSULQFLSOHVWKHVHDUHQHJDWLRQDQGDIILUPDWLRQ
EDVHG RQ WKH VWDWHPHQW ´WKHUH LV QR JRG ZRUWK\ RI EHLQJ ZRUVKLSSHG
H[FHSW$OODKµ
7KH XQGHUVWDQGLQJ RI QHJDWLRQ LQ WKLV VWDWHPHQW LV WKH
FRPSOHWHVWULSSLQJUHSXGLDWLRQDQGGLVPLVVDORIDOOWKLQJVZRUVK
LSSHGH[FHSW$OODKLQDOOIRUPVRIZRUVKLS7KHXQGHUVWDQGLQJRI
DIILUPDWLRQLQLWLVVLQJOLQJRXW$OODKDORQHIRUZRUVKLSZLWKQR
RWKHU WKURXJK DOO WKH W\SHV RI ZRUVKLS WKDW +H OHJLVODWHG
SUHVFULEHGDQGPDQGDWHG0RVWRIWKH4XU·DQGHDOVZLWKWKLV
$QG:HPRVWFHUWDLQO\KDYHUDLVHGDQGVHQWWRHYHU\QDWLRQ
D PHVVHQJHU WR WHOO WKHP ZRUVKLS $OODK DQG GHQRXQFH WKH
7DJKXW>$Q1DKO@
$QG :H KDYH QRW VHQW EHIRUH \RX 2 0XKDPPHG H DQ\
PHVVHQJHU H[FHSW WKDW :H UHYHDOHG WR WKHP WKDW WKHUH LV QR
JRGH[FHSW0H$OODKVRZRUVKLS0H>$O$QEL\DD@
>7UDQVODWRU·VQRWH7KLVLVDOVRNQRZQDV7DZKHHG$O,EDDGDK:RUVKLS,W
UHIHUVWRWKHRQHQHVVRI$OODKLQUHJDUGVWR+LPDORQHEHLQJZRUVKLSSHG@
>7UDQVODWRU·V QRWH $W7DJKXW UHIHUV WR DQ\RQH ZKR UXOHV ZLWK RWKHU WKDQ
ZKDW$OODKKDVOHJLVODWHG6KDULDK5HIHUWR6KD\NK$V6D
DGL·V7DIVLU$OVRLW
LVVWDWHGLQRWKHUERRNVRI7DIVLUWKDW$W7DJKXWLVWKH6KD\WDQDQGRUDQ\WKLQJ
HOVHWKDWLVZRUVKLSSHGRWKHUWKDQ$OODK@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
$QGZKRVRGLVEHOLHYHVLQWKH7DJKXWDQGEHOLHYHVLQ$OODK
KDVLQGHHGJUDVSHGRQWRDVWURQJERQG>$O%DTDUDK@
$QGDVNZKRP:HVHQWEHIRUH\RXIURPRXUPHVVHQJHUVGLG
:H VHW XS DORQJ ZLWK WKH 0RVW 0HUFLIXO JRGV WR EH
ZRUVKLSSHG">$]=XNKUXI@
6D\YHULO\LWLVUHYHDOHGWRPHWKDWLQGHHG\RXU*RGLV2QH
*RGVRDUH\RX0XVOLPV">$O$QEL\DD@
$QGWKH$\DDWYHUVHVFRQFHUQLQJWKLVDUHYHU\QXPHURXV
x 7KH7KLUG7DZKHHG$O$VPDD:DV6LIDW
7KLV W\SH RI WDZKHHG LV EXLOW XSRQ WZR IRXQGDW
LRQVSULQFLSOHV DV $OODK FODULILHG 7KH ILUVW WDQ]HHK RI $OODK·V
DWWULEXWHV IURP EHLQJ OLNH WKH DWWULEXWHV RI +LV FUHDWLRQ 7KH
VHFRQGLPDQEHOLHIIDLWKLQDOOWKDW+HKDVGHVFULEHG+LPVHOIDV
RU WKDW +LV PHVVHQJHU H KDV GHVFULEHG +LP ZLWK DIILUPLQJ LW
QRWPHWDSKRULFDOO\EXWOLWHUDOO\DVWKHGHVFULSWLRQLVEHILWWLQJRI
+LV SHUIHFWLRQ DQG VXEOLPLW\ ,W LV D IDFW WKDW QR RQH LV PRUH
NQRZOHGJHDEOHWRGHVFULEH$OODK WKDQ$OODK+LPVHOI,WLVDOVRD
IDFW WKDW DIWHU $OODK WKH 3URSKHW H LV PRVW NQRZOHGJHDEOH
DERXW+LPDQGFDQEHVWGHVFULEH+LP$OODKVD\VDERXW+LPVHOI
$UH\RXPRUHNQRZOHGJHDEOHRU$OODK"
>$O%DTDUDK@
$OVR+HVD\VFRQFHUQLQJ+LVPHVVHQJHUH
$QG KH GRHV QRW VSHDN RI KLV RZQ UDWKHU LW LV UHYHODWLRQ
UHYHDOHGWRKLP>$Q1DMP@
$OODK KDV PDGH LW FOHDU WKDW WKHUH LV QRWKLQJ FRPSOHWHO\
OLNH+LPZKHQ+HVDLG
>7UDQVODWRU·V QRWH 7KLV UHIHUV WR $OODK·V XQLTQHVV DQG RQHQHVV UHJDUGLQJ +LV
EHDXWLIXOQDPHVDQGVXEOLPHDWWULEXWHV@
>7UDQVODWRU·VQRWH7KLVLVWKHQHJDWLRQRIDOODWWULEXWHVRILPSHUIHFWLRQIURP
$OODK<@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KHUHLVQRWKLQJFRPSOHWHO\OLNH+LP«
>$VK6KXUD@
DQG PDGH FOHDU WKH DIILUPDWLRQ RI +LV OLWHUDO DWWULEXWHV ZKHQ +H
VDLG
«$QG+HLVWKH+HDULQJWKH6HHLQJ
>$VK6KXUD@
7KHILUVWSRUWLRQRIWKHYHUVHUXOHGRXWWKHDEVHQFHRIWD·DWHHODQG
LW LV FOHDU IURP WKH YHUVH WKDW ZKDW EHFRPHV LQFXPEHQW LV WKH
DIILUPDWLRQRIWKHDWWULEXWHVOLWHUDOO\ZLWKRXWWDPWKHHODQGWKH
QHJDWLRQ RI PXPDDWKDODK ZLWKRXW WD·DWHHO QXOOLILFDWLRQ $OODK
PDGH FOHDU WKH LQDELOLW\ RI WKH FUHDWLRQ WR HQFRPSDVV +LP
FRPSOHWHO\+HVD\V
+H NQRZV WKDW ZKLFK LV EHIRUH WKHP DQG DIWHU WKHP DQG
WKHLUNQRZOHGJHGRHVQRWHQFRPSDVV+LPFRPSOHWHO\
>7DKD@
>7UDQVODWRU·V QRWH 7KLV LV WKH QHJDWLRQ RI DWWULEXWHV WKDW $OODK < RU +LV
PHVVHQJHUHKDYHDIILUPHG@
>7UDQVODWRU·V QRWH 7KLV LV WKH DVFULELQJ RI DWWULEXWHV WKDW DUH VROHO\ $OODK·V
<WR+LVFUHDWLRQDQGRUWKHRSSRVLWH@
>7UDQVODWRU·VQRWH7KLVLVWKHVDPHWKLQJDVWDPWKHHO@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH6HFRQG,VVXH$O:D·GKÚß ó¡
7KH VFKRODUV KDYH DJUHHG XQDQLPRXVO\ WKDW $OODKKDVQRW
VHQWGRZQIURPWKHVN\WRWKHHDUWKDELJJHUSUHDFKHURUJUHDWHU
DGPRQLVKHUWKDQWKHDZDUHQHVVWKDWRQHLVEHLQJREVHUYHG7KDWLV
WKDWPDQVKRXOGEHDZDUHWKDWKLV/RUGLVORRNLQJRYHUKLPDQG
WKDW+HLVDZDUHRIDOOWKDWKHKLGHVDQGUHYHDOV
7KH VFKRODUV KDYH JLYHQ DQ H[DPSOH IRU WKLV WUHPHQGRXV
SUHDFKHU DQG JUHDW DGPRQLVKHU DQ H[DPSOH WKDW PDNHV WKH
DEVWUDFW SHUFHLYDEOH 7KH\ VDLG ´:HUH ZH WR VXSSRVH WKDW WKHUH
ZDV D EORRG VKHGGLQJ NLQJ NLOOLQJ PDQ\ PHQ SURIXVHO\ YHU\
SRZHUIXO VHYHUH LQ KLV SXQLVKPHQW ZKR KDV VZRUGVPHQ DW KLV
KHDG DQG WKH OHDWKHU UXJ ODLG RXW DQG WKH VZRUGV DUH GULSSLQJ
EORRGDQGDURXQGWKDWNLQJDUHKLVGDXJKWHUVDQGZLYHV'R\RX
WKLQNIRUDPRPHQWWKDWDQ\RQHSUHVHQWZRXOGSODQWRHYHQWU\WR
GRDQ\WKLQJKDUDPSURKLELWHGZLWKWKHNLQJ·VZLYHVRUGDXJKWHUV
ZLWKKLVEHLQJDZDUHDQGORRNLQJDWKLP"1R$EVROXWHO\QRW
$QGWR$OODKEHORQJWKHPRVWVXEOLPHH[DPSOHV,QGHHG$OODKLV
IDU JUHDWHU LQ +LV REVHUYDWLRQ DQG IDU PRUH NQRZOHGJHDEOH WKDQ
WKDW NLQJ DQG ZLWKRXW GRXEW +H LV IDU PRUH VHYHUH VWHUQ DQG
DWURFLRXV LQ SXQLVKPHQW +LV OLPLWV ZLWKLQ +LV HDUWK DUH +LV
SURKLELWLRQV,IWKHODQG·VSHRSOHNQHZWKDWWKHUXOHURIWKHODQG
XSRQDZDNLQJZRXOGEHDZDUHRIDOOWKHLUGRLQJVGXULQJWKHQLJKW
WKH\ZRXOGVOHHSLQIHDUUHIUDLQLQJIURPDOOHYLODQGVLQVLQIHDURI
KLP
$OODK KDV FOHDUO\ H[SUHVVHG WKH ZLVGRP EHKLQG +LV
FUHDWLQJFUHDWLRQWKDWEHLQJWRWHVWWKHP
:KLFKRIWKHPLVWKHEHVWLQGHHGV
>$O.DKI@
+HDOVRVWDWHVLQWKHEHJLQQLQJRI6XUDK+XG
$QG LW LV +H ZKR FUHDWHG WKH KHDYHQV DQG WKH HDUWK LQ VL[
GD\VDQG+LVWKURQHLVDERYHWKHZDWHUWRWHVW\RXZKLFKRI
\RXLVEHVWLQGHHGV>+XG@
>7UDQVODWRU·VQRWH7KLVLVH[SODLQHGLQWKHSDUDJUDSKWKDWIROORZV@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
DQG+HGLGQRWVD\´:KLFKRI\RXLVPRVWLQGHHGVµ+HVWDWHVLQ
6XUDK$O0XON
+H ZKR FUHDWHG GHDWK DQG OLIH WR WHVW \RX ZKLFK RI \RX LV
EHVWLQGHHGVDQG+HLV7KH0LJKW\7KH)RUJLYLQJ
>$O0XON@
6R WKHVH WZR D\DKV YHUVHV FOHDUO\ H[SUHVV WKH LQWHQW RI
+LVVWDWHPHQW
$QG , KDYH QRW FUHDWHG WKH -LQQ QRU PDQNLQG H[FHSW WR
ZRUVKLS0H>$GK'KDUL\DW@
DVWKHZLVGRPEHKLQGWKHFUHDWLQJRIFUHDWLRQLVWKLVWHVWWKDWZDV
PHQWLRQHG$QJHO-LEULO*DEULHOZDQWHGWRFRQYH\WRPDQNLQG
WKH SDWK WR VXFFHVV LQ WKLV WHVW VR KH VDLG WR WKH SURSKHW H
´«7KHQWHOOPHZKDWLV,KVDQ"µ1DPHO\WKDWEHLQJWKHWKLQJZK
LFKFUHDWLRQZDVFUHDWHGIRUWREHWHVWHGLQ6RKHWKHSURSKHW
HH[SODLQHGWKDWWKHSDWKRI,KVDQLVWKDWJUHDWDGPRQLVKHUDQG
WUHPHQGRXV SUHDFKHU PHQWLRQHG SUHYLRXVO\ +H DQVZHUHG ´,W
,KVDQ LV WR ZRUVKLS $OODK < DV LI \RX VHH +LP DQG LI \RX
GRQ·WVHH+LPWKHQNQRZWKDWLQGHHG+HVHHV\RXµ
6RWKHUHLVQ·WDSDJHRIWKH4XU·DQWKDW\RXWXUQH[FHSW
WKDW\RXILQGWKHUHLQWKLVJUHDWDGPRQLVKHU
$QG:HGLGLQGHHGFUHDWHPDQNLQGDQG:HNQRZZKDWKH
ZKLVSHUV WR KLPVHOI DQG :H DUH QHDUHU WR KLP WKDQ KLV
MXJXODUYHLQ«+HGRHVQRWSURQRXQFHDZRUGH[FHSWWKDW
ZLWKKLPLVDSUHSDUHGJXDUG>4DI@
>7UDQVODWRU·VQRWH7KH\DUHDFUHDWXUHWKDW$OODKKDVFUHDWHGIURPVPRNHOHVV
ILUHZKROLNHPDQDUHUHTXLUHGWREHOLHYHLQ$OODK+LVPHVVHQJHUWKH4XU·DQ
DQGLWVPHVVDJH,QVKRUWWREH0XVOLPV@
0XWWDIDTXQ
DOH\KL²QDUUDWHGE\ERWK,PDPV$O%XNKDULDQG0XVOLPIURP
WKH KDGLWK RI $EX +XUD\UDK $O%XNKDUL .LWDE $O,PDQ %DE 6XHO -LEULO $Q
1DEL\\D$Q$O,PDQ0XVOLP.LWDE$O,PDQKDGLWK
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
6R :H ZLOO FHUWDLQO\ QDUUDWH WR WKHP ZLWK NQRZOHGJH DQG
:HZHUHQRWDEVHQW>$O¶$UDI@
$QG \RX DUH QRW LQ D VLWXDWLRQ QRU GR \RX UHFLWH IURP WKH
4XU·DQ QRU GR \RX SHUIRUP DQ\ DFWLRQ H[FHSW WKDW :H DUH
DERYH\RXZLWQHVVHVZKLOH\RXDUHHQJDJHGSHUIRUPLQJWKHP
DQG QRWKLQJ HVFDSHV IURP WKH VHHLQJ KHDULQJ REVHUYDWLRQ
DQG NQRZOHGJH RI \RXU /RUG IURP WKH VPDOOQHVV RI D
PXVWDUGVHHGLQWKHHDUWKRULQWKHVN\QRUDQ\WKLQJVPDOOHU
WKDQWKDWQRUODUJHUH[FHSWWKDWLWLVLQDQH[SOLFLWERRN
><XQXV@
%HKROG KRZ WKH\ WKH GLVEHOLHYHUV LQGHHG GR WXUQ WKHLU
FKHVWV DZD\ WR KLGH ZKDW WKH\ FRQFHDO IURP +LP $OODK
HYHQ ZKHQ WKH\ FORWKH WKHPVHOYHV +H NQRZV ZKDW WKH\
FRQFHDODQGZKDWWKH\UHYHDO&HUWDLQO\+HLVNQRZOHGJHDEOH
RIZKDWWKHLUFKHVWVFRQWDLQ>+XG@
7KHOLNHVRIWKLVDUHORFDWHGHYHU\ZKHUHLQWKH4XU·DQ
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH7KLUG,VVXH7KH'LIIHUHQWLDWLRQ%HWZHHQ
5LJKWHRXV'HHGVDQG8QULJKWHRXV'HHGV
7KH *UHDW 4XU·DQ KDV H[SODLQHG WKDW ULJKWHRXV GHHGV DUH
WKRVH WKDW FRQWDLQ WKUHH FRQGLWLRQV DQG ZKHQHYHU RQH RI WKHVH
WKUHHFRQGLWLRQVEHFRPHVIDXOW\WKHQWKHUHLVQREHQHILWLQLWIRU
LWVGRHURQWKH'D\RI-XGJPHQW
x 7KH )LUVW 7R EH LQ DFFRUGDQFH ZLWK WKDW ZKLFK WKH
3URSKHWHFDPHZLWK,VODPEHFDXVH$OODK<VD\V
$QG ZKDWHYHU WKH 0HVVHQJHU JLYHV \RX WDNH LW DQG
ZKDWHYHUKHSURKLELWV\RXOHDYHLW>$O+DVKU@
:KRHYHUREH\VWKH0HVVHQJHUKDVLQGHHGREH\HG$OODK
>$Q1LVDD@
6D\20XKDPPHGHLI\RXORYH$OODKWKHQIROORZPH
>$DOL¶,PUDQ@
2U GR WKH\ KDYH DVVRFLDWHVZKRKDYHOHJLVODWHG IRU WKHPLQ
UHOLJLRQZKDW$OODKKDVQRWSHUPLWWHG">$VK6KXUD@
'LG$OODKSHUPLWWKDWIRU\RXRUGR\RXOLHXSRQ$OODK"
><XQXV@
x 7KH 6HFRQG ,W PXVW EH VLQFHUHO\ IRU $OODK < DV +H
VWDWHV
$QG WKH\ ZHUH QRW RUGHUHG H[FHSW WR ZRUVKLS $OODK DORQH
VLQFHUHO\IRU+LPWKHUHOLJLRQ>$O%D\\LQDK@
1DUUDWHV $O%XNKDUL .LWDE $V6XOK %DE ,GKD ,VWDODKX ¶DOD 6XOK -DZU )D $V
6XOK 0DUGXG DQG 0XVOLP .LWDE $O$TGL\DK %DE 1DTG $O$KNDP $O
%DWLODKZD5DG0XKGDWKDW$O8PXUKDGLWKIURPWKHKDGLWKRI
¶$LVKDK ´:KRHYHU LQWURGXFHV LQWR RXU DIIDLU ,VODP ZKDW LV QRW LQ LW WKHQ LW LV UHM
HFWHGµDQGLQDQRWKHUQDUUDWLRQ´ZKDWLVQRWIURPLWµDQGLQ0XVOLP·VQDUUDWLRQ
´:KRHYHU SHUIRUPV DQ DFWLRQ WKDW GRHVQ·W KDYH RXU DIIDLU ,VODP·V DSSURYDO WKHQ LW LV
UHMHFWHGµ
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
6D\ 2 0XKDPPHG H LQGHHG , KDYH EHHQ RUGHUHG WR
ZRUVKLS$OODKVLQFHUHO\+LVLVWKHUHOLJLRQ$QG,KDYHEHHQ
RUGHUHGWREHWKHILUVWRIWKHPXVOLPV6D\YHULO\,IHDUWKDW
LI\RXGLVREH\P\/RUGWKHSXQLVKPHQWRIDJUHDWGD\6D\,
VLQFHUHO\ZRUVKLS$OODK+LVLVP\UHOLJLRQ6RZRUVKLSZKDW
\RXZDQWRWKHUWKDQ+LP>$]=XPDU@
x 7KH7KLUG7KDWLWPXVWEHEXLOWXSRQWKHIRXQGDWLRQRI
WKH FRUUHFW DTHHGDK UHOLJLRXV EHOLHI EHFDXVH DFWLRQV DUH
OLNH WKH URRI ZKHUHDV WKH DTHHGDK LV OLNH WKH IRXQGDWLRQ
$OODK<VD\V
$QG ZKRVRHYHU GRHV ULJKWHRXVQHVV PDOH RU IHPDOH ZKLOH
EHLQJDEHOLHYHU«>7DKD@
6R +H FRQILQHG WKDW ZLWK +LV VD\LQJ ZKLOH EHLQJ D EHOLHYHU
:KHUHDV+HVWDWHVFRQFHUQLQJWKHGLVEHOLHYHU
$QG:HVHQWIRUWKWRZKDWWKH\SHUIRUPHGRIGHHGVWKHUHE\
PDNLQJ WKHP QXOO DQG YRLG RI DQ\ EHQHILW DV ILQH GXVW
VFDWWHUHG>$O)XUTDQ@
$OVR7KH$O0LJKW\VDLG
7KRVH DUH WKHP WKDW KDYH QRWKLQJ LQ WKH +HUHDIWHU H[FHSW
WKHILUHRI+HOODQG+HPDGHYDLQZKDWWKH\SHUIRUPHGLQ
LW WKH OLIH RI WKLV ZRUOG DQG PLVFKLHI LV ZKDW WKH\ XVHG WR
SHUIRUP>+XG@
7KHUHDUHPDQ\RWKHU$\DDWOLNHWKHVH
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH)RXUWK,VVXH5XOLQJZLWKRWKHUWKDQWKH6KDULDK
,VODPLF/DZ
,QGHHGWKH4XU·DQKDVH[SOLFLWO\YHULILHGWKDWUXOLQJZLWK
RWKHU WKDQ WKH 6KDULDK LV FOHDU XQPLVWDNDEOH NXIU GLVEHOLHI DQG
VKLUN :KHQ 6KD\WDQ 6DWDQ LQVSLUHG WKH GLVEHOLHYHUV RI
0DNNDK WR DVN RXU SURSKHW H FRQFHUQLQJ WKH VKHHS WKDW GLHV
ZKR NLOOHG LW" +H UHSOLHG ´$OODK NLOOHG LWµ 6R KH 6KD\WDQ
LQVSLUHG WKHP WR VD\ WR KLP WKH SURSKHW H´:KDW \RX VODXJKWHU
ZLWK \RXU RZQ KDQGV LV KDODO ODZIXO KRZHYHU WKDW ZKLFK $OODK
VODXJKWHUV ZLWK +LV RZQ EHDXWLIXO KDQG LV KDUDP XQODZIXO" 7KHQ
\RXDUHEHWWHUWKDQ$OODKµ6R$OODKUHYHDOHG
$QG LQGHHG WKH 6KD\WDQV GR LQVSLUH WKHLU WUXVWHG RQHV WR
GHEDWHZLWK\RXDQGLI\RXREH\WKHPWKHQLQGHHG\RXDUH
FHUWDLQO\PXVKULNXQSDJDQV>$O$Q·DP@
)XUWKHUPRUH WKH OHWWHU å QRW HQWHULQJ XSRQ WKH VHQWHQFH
,QGHHG\RXDUHFHUWDLQO\PXVKULNXQSDJDQVLVDFOHDULQG
LFDWRURIWKHOHWWHUñZKLFKLVXVHGWRVZHDUSURPLVH6RWKLVLVD
VZHDUIURP$OODKVZHDULQJLQWKLVQREOHD\DKWKDWZKRHYHUREH\V
6KD\WDQ LQ KLV OHJLVODWLQJ WKH ODZIXOQHVV RI WKH GHDG DQLPDO WKDW
KHLVLQGHHGDPXVKULNSRO\WKHLVW7KLVLVVKLUNDNEDUWKHJUHDWHU
VKLUN WKDW E\ FRQVHQVXV RI WKH 0XVOLPV H[SHOV RQH IURP WKH
UHOLJLRQ RI ,VODP DQG WKDW $OODK ZLOO RQ -XGJPHQW 'D\ VHYHUHO\
VFROGWKHFRPPLWWHURIWKDWVLQE\+LVVD\LQJ
>7UDQVODWRU·V QRWH )RU DQ\RQH ZKR ZLVKHV WR IXUWKHU UHVHDUFK WKLV WRSLF KH
FDQ UHIHU WR WKH DXWKRU·V FRPPHQWDU\ RI WKH UHOHYHQW YHUVHV IURP 6XUDK $O
0DLGDK²@
>7UDQVODWRU·V QRWH :RUVKLSSLQJ ZLWK $OODK < DQRWKHU WKLQJ RU JLYLQJ
DQ\WKLQJHOVHZKDWLVVSHFLILFDOO\+LVULJKWVRUDWWULEXWHV@
7KLV LV IURP WKH KDGLWK RI ,EQ $EEDV QDUUDWHG E\ $EX 'DZXG .LWDE $O
$GDKL\²%DEILGKDEDLK$KO$O.LWDEKDGLWK$W7LUPLGK\
.LWDE 7DIVLU $O4XU·DQ %DE ZD PLQ 6XUDK $O$Q·DP KDGLWK
$Q1DVDL.LWDE$G'DKD\D%DE7DZLO4DZO$OODKÊþôßÊþôMó¡öÇ¡ÂïÀöó¢øÊ÷¡ôï «¢ó
>$O$Q·DP@KDGLWKZLWK$EX*KXGD·VWDKTLT,EQ0DMDK
.LWDE$GK'KDEDLK%DE$W7DVPL\DK¶LQGD$GK'KDEKKDGLWK
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
'LG,QRWFRPPDQG\RX2SURJHQ\RI$GDPWRQRWZRUVKLS
6KD\WDQWKDWLQGHHGKHLV\RXUFOHDUHQHP\DQGWRZRUVKLS
0HWKLVLVDVWUDLJKWSDWK><DVLQ@
$OVR$OODK<VD\VFRQFHUQLQJ+LVNKDOLOEHORYHG,EUDKLPX
2P\GHDUIDWKHUGRQRWZRUVKLS6KD\WDQ
>0DU\DP@
WKDW EHLQJ E\ REH\LQJ KLP LQ KLV OHJLVODWLQJ NXIU DQG VLQQLQJ
$QG$OODK<VD\V
7KH\ GR QRW VXSSOLFDWH ZRUVKLSSLQJ H[FHSW WR LGROV DQG
WKH\ GR QRW VXSSOLFDWH ZRUVKLSSLQJ H[FHSW WR D GLVREHGLHQW
6KD\WDQ>$Q1LVDD@
PHDQLQJWKH\GRQRWZRUVKLSH[FHSW6KD\WDQDQGWKDWLVE\WKHP
REH\LQJKLV6KDULDK$QG$OODK<VD\V
/LNHZLVHLWKDVEHHQEHDXWLILHGWRPDQ\RIWKHGLVEHOLHYHUV
WKH NLOOLQJ RI WKHLU RZQ FKLOGUHQ GXH WR REH\LQJ WKHLU
SDUWQHUVVKD\WDQV>$O$Q·DP@
6R+H$OODK<QDPHGWKHPSDUWQHUVGXHWRWKHLUREHGLHQFHWR
WKHPLQGLVREHGLHQFHWR$OODK<WKURXJKNLOOLQJWKHFKLOGUHQ
:KHQ
$GL\ LEQ +DWLP W DVNHG WKH SURSKHW H
UHJDUGLQJWKHD\DK
7KH\KDYHWDNHQWKHLUUDEELVDQGSULHVWVDVJRGVDORQJZLWK
$OODK>7DZEDK@
+H LV WKH QREOH VDKDEL $EX 7RULI ¶$GL\ LEQ +DWLP LEQ $EGXOODK $W7RHH\
W+HHPEUDFHG,VODPIURP&KULVWLDQLW\GXULQJWKHWK\HDURIWKH+LMUDKDQG
GLHGLQ++LVIDWKHU+DWLPZDVNQRZQIRUKLVJHQHURVLW\VXFKWKDWKHZDV
XVHG DV WKH H[DPSOH IRU H[SUHVVLQJ LW /RRN IRU KLV ELRJUDSK\ LQ ,PDP $GK
'KDKDEL·VERRN6L\DU$·DODDP$Q1XEDODD
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
KHUHSOLHGWRKLPWKDWWKHPHDQLQJRIWKHPWDNLQJWKHPDVJRGVLV
WKHLUREHGLHQFHWRWKHPLQPDNLQJXQODZIXOWKDWZKLFK$OODK<
KDV PDGH ODZIXO DQG PDNLQJ ODZIXO WKDW ZKLFK $OODK < KDV
PDGHXQODZIXODQGWKHUHLVQRGLVDJUHHPHQWLQWKLVPDWWHU
'R \RX QRW VHH WKRVH ZKR FODLP WKDW WKH\ KDYH LQGHHG
EHOLHYHG LQ ZKDW ZDV VHQW GRZQ WR \RX RI UHYHODWLRQ ² WKH
4XU·DQ DQG ZKDW ZDV VHQW GRZQ EHIRUH \RX WKH\ ZDQW WR
OLWLJDWH EHIRUH $W7DJKXW HYHQ WKRXJK WKH\·YH EHHQ RUGHUHG
WR GLVEHOLHYH LQ LW 6KD\WDQ ZDQWV WR OHDG WKHP DVWUD\ YHU\
DVWUD\>$Q1LVDD@
$QGZKRHYHUGRHVQ·WUXOHZLWKZKDW$OODKKDVVHQWGRZQRI
UHYHODWLRQWKHQWKH\DUHWKHNDILUXQGLVEHOLHYHUV
>$O0DLGDK@
6KRXOG,VHHNRWKHUWKDQ$OODKDVUXOHUHYHQWKRXJK+HVHQW
GRZQWR\RXWKHERRNGHWDLOHGDQGWKRVHZKRP:H·YHJLYHQ
WKHERRNNQRZPRVWFHUWDLQO\WKDWLWLVVHQWGRZQIURP\RXU
/RUGZLWKWKHWUXWKVRGRQ·WEHRIWKHGRXEWIXO
>$O$Q·DP@
3HUIHFWO\ FRPSOHWHG DUH WKH ZRUGV RI \RXU /RUG LQ
WUXWKIXOQHVV DQG MXVWLFH WKHUH LV QR DOWHULQJ +LV ZRUGV DQG
+HLVWKH+HDULQJWKH.QRZOHGJHDEOH>$O$Q·DP@
6R WKH ZRUG ¢ë¾ÊÏ WUXWKIXOQHVV LV PHDQW ZLWK UHVSHFW WR ZKDW
+H UHODWHV RI LQIRUPDWLRQ ZKLOH WKH ZRUG ¾ß MXVWLFH LV ZLWK
UHVSHFWWRWKHODZV6KDULDK
,VLWWKHUXOLQJRILJQRUDQFHWKDWWKH\VHHN":KRLVEHWWHU
WKDQ $OODK LQ ODZ DQG UXOH WKLV LV FOHDU IRU D SHRSOH RI
FHUWDLQW\>$O0DLGDK@
$W7LUPLGK\ .LWDE 7DIVLU $O4XU·DQ %DE 0LQ 6XUDK $W7DZEDK
KDGLWK+HVDLGFRQFHUQLQJLW´7KLVKDGLWKLVJKDULEµ
>7UDQVODWRU·V QRWH +XNP $O-DKLOL\\DK UHIHUV WR DQ\ DQG DOO ODZV WKDW
RSSRVHZKDW$OODKKDVVHQWGRZQXSRQ+LVPHVVHQJHU(YHU\WKLQJRWKHUWKDQ
,VODP5HIHUWR6KD\NK$V6D·DGL·VWDIVLU@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH)LIWK,VVXH7KH6RFLDO&RQGLWLRQVRI6RFLHW\
9HULO\7KH4XU·DQKDVTXHQFKHGWKHWKLUVWUHJDUGLQJWKLV
LVVXHDQGLOOXPLQDWHGLWVSDWK/RRNDWZKDW$OODKRUGHUVWKHUXOHU
WRGRZLWKKLVSHRSOH
/RZHU \RXU ZLQJ WR WKRVH ZKR IROORZ \RX IURP WKH
EHOLHYHUV>$VK6KX·DUDD@
6REHFDXVHRIPHUF\IURP\RXU/RUG20XKDPPHGH\RX
ZHUH JHQWOH ZLWK WKHP DQG KDG \RX EHHQ KDUVK DQG FROG
KHDUWHG WKH\ WKH VDKDEDK \ ZRXOG RI PRVW FHUWDLQO\ IOHG
DZD\IURP\RX6RSDUGRQWKHPVHHNIRUJLYHQHVVZLWK$OODK
<IRUWKHPDQGFRQVXOWWKHPLQPDWWHUV
>$DOL¶,PUDQ@
$OVR ORRN DW ZKDW $OODK RUGHUV WKH JHQHUDO VRFLHW\ WR GR
UHJDUGLQJLWVUXOHUV
2\RXZKREHOLHYHREH\$OODKDQGREH\WKH0HVVHQJHUDQG
\RXUOHDGHUV>$Q1LVDD@
)XUWKHUPRUHORRNDWZKDW$OODKRUGHUVPDQWRGRZLWKLQ
KLVLQQHUVSKHUHZLWKKLVFKLOGUHQDQGVSRXVH
2\RXZKREHOLHYHSURWHFW\RXUVHOYHVDQG\RXUIDPLOLHVIURP
D ILUH ZKRVH IXHO LV SHRSOH DQG VWRQHV DERYH LW +HOO DUH
DQJHOVVWURQJDQGVHYHUH7KH\GRQRWGLVREH\$OODKLQZKDW
+HRUGHUVWKHPWRGRDQGWKH\SHUIRUPZKDWWKH\KDYHEHHQ
FRPPDQGHG>$W7DKULP@
$JDLQ ORRN DW KRZ $OODK FDXWLRQV KLP WR EHZDUH DQG EH
UHVROXWH ZLWKLQ KLV SULYDWH HQYLURQPHQW +H LV RUGHUHG XSRQ GLV
FRYHULQJZKDWLVLPSURSHUWRSDUGRQDQGIRUJLYH6RKHLVILUVWO\
RUGHUHG WR EH UHVROXWH DQG FDXWLRXV DQG VHFRQGO\ WR SDUGRQ DQG
IRUJLYH
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
2 \RX ZKR EHOLHYH LQGHHG IURP DPRQJVW \RXU VSRXVHV DQG
FKLOGUHQ DUH HQHPLHV WR \RX VR EHZDUH RI WKHP DQG LI \RX
SDUGRQRYHUORRNDQGIRUJLYHWKHQLQGHHG$OODKLV)RUJLYLQJ
0HUFLIXO>$W7DJKDEXQ@
$OVRORRNDWKRZ$OODKRUGHUVWKHLQGLYLGXDOVRIVRFLHW\DW
ODUJHWRZRUNWRJHWKHU
9HULO\$OODKRUGHUVMXVWLFHJRRGQHVVDQGJLYLQJVXSSRUWLQJ
UHODWLYHV DQG SURKLELWV VLQQLQJ HYLO DQG WUDQVJUHVVLRQ +H
DGPRQLVKHV\RXWKDWSHUKDSV\RXPD\UHPHPEHU
>$Q1DKO@
2 \RX ZKR EHOLHYH UHIUDLQ IURP PXFK VXVSLFLRXVQHVV
LQGHHGVRPHVXVSLFLRQVDUHVLQIXODQGGRQRWVS\DQGVODQGHU
HDFKRWKHU>$O+XMXUDW@
2 \RX ZKR EHOLHYH SHRSOH VKRXOG QRW ULGLFXOH DQRWKHU
EHFDXVH WKH\ MXVW PD\ EH EHWWHU WKDQ WKHP QHLWKHU ZRPHQ
ULGLFXOLQJ RWKHU ZRPHQ EHFDXVH WKH\ MXVW PD\ EH EHWWHU
WKDQ WKHP DQG GR QRW GHJUDGH \RXUVHOYHV DQG GR QRW FDOO
HDFKRWKHUQDPHVZKDWDQHYLOGLVREHGLHQFHDIWHUKDYLQJ
IDLWK DQG ZKRHYHU GRHVQ·W UHSHQW WKHQ WKH\ DUH WKH
WUDQVJUHVVRUV>$O+XMXUDW@
$QGFRRSHUDWHLQULJKWHRXVQHVVDQGSLHW\ZLWKRQHDQRWKHU
DQGGRQRWFRRSHUDWHLQVLQIXOQHVVDQGRSSUHVVLRQ
>$O0DLGDK@
$OODK<VD\V
&HUWDLQO\WKHEHOLHYHUVDUHEURWKHUV
>$O+XMXUDW@
$QGWKHLUDIIDLUVDUHFRQVXOWHGPXWXDOO\
>$VK6KXUD@
DQGRWKHUWKDQWKDW
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
)XUWKHUPRUHVLQFHQRRQHLVVDIHZLWKLQVRFLHW\²ZKRHYHU
KHPD\EHIURPKRVWLOLW\DQGDQLPRVLW\IURPERWKPDQRUMLQQ
DVVWDWHGLQDSRHP
0DQLVQRWZLWKRXWRSSRVLWLRQHYHQLI
KHZHUHWRLVRODWHKLPVHOIRQDPRXQWDLQWRS
DQG VLQFH HYHU\RQH LV LQ QHHG RI WKH FXUH IRU WKLV SODJXHG LOOQHVV
$OODK < KDV PDGH FOHDU LWV FXUH LQ WKUHH SODFHV ZLWKLQ WKH
4XU·DQ +H FODULILHG WKDW WKH FXUH IRU PDQ·V KRVWLOLW\ LV WR QRW
DEXVH KLP RYHUORRN KLV ZURQJ GRLQJV DQG WR UHSD\ ZURQJ ZLWK
JRRGQHVV$VIRUWKH6KD\WDQIURP-LQQVWKHUHLVQRFXUHH[FHSWWR
VHHNUHIXJHZLWK$OODK<IURPWKHLUHYLO
x 7KH ILUVW SODFH :KDW $OODK < KDV PHQWLRQHG QHDU WKH
HQGRI6XUDK$O$¶DUDIFRQFHUQLQJPDQ
$FFHSW SDUGRQ FRPPDQG WR JRRGQHVV DQG DYRLG WKH
LJQRUDQW>$O$·DUDI@
$OVR WKH OLNHQHVV RI WKH DIRUHPHQWLRQHG EXW FRQFHUQLQJ WKH
VKD\WDQVRI-LQQ
:KHQHYHU\RXVHQVHIURP6KD\WDQDQHYLOVHQVDWLRQWKHQ
VHHN UHIXJH ZLWK $OODK ,QGHHG +H LV $OO+HDULQJ $OO
.QRZLQJ>$O$·DUDI@
x 7KHVHFRQGSODFH$OODK<VWDWHVLQDQD\DKLQ6XUDK$O
0XPLQXQ
5HSD\EDGQHVVZLWKZKDWLVEHVW:HDUHEHVWDZDUHRIZKDW
WKH\VD\>$O0XPLQXQ@
$QGLQUHJDUGLQJKLVPDQ·VFRXQWHUSDUWWKH-LQQ
$QGVD\P\/RUG,VHHNUHIXJHZLWK\RXIURP6KD\WDQ·VHYLO
DQG,VHHNUHIXJHZLWK\RXP\/RUGIURPWKHLUDWWHQGDQFH
>$O0XPLQXQ@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
x 7KH WKLUG SODFH ,Q 6XUDK )XVVLODW $OODK < KDV IXUWKHU
DGGHG GHFODULQJ H[SOLFLWO\ WKDW WKH KHDYHQO\ FXUH VHYHUHV
WKDW 6DWDQLF GLVHDVH $OVR +H IXUWKHU DGGHG WKDW WKDW
KHDYHQO\FXUHLVQRWJLYHQWRHYHU\RQH5DWKHUQRRQHLV
JLYHQ LW H[FHSW WKH SRVVHVVRU RI JUHDWQHVV DQG ODUJH
EOHVVLQJVRIQREOHPDQQHUV$OODK<VD\V
5HSD\ EDGQHVV ZLWK ZKDW LV EHVW VR WKHQ WKH RQH WKDW
WKHUHLVEHWZHHQ\RXDQGKLPHQPLW\ZLOOEHDVDGHDUIULHQG
1R RQH LV EOHVVHG WR DFKLHYH WKDW H[FHSW WKRVH ZKR
SHUVHYHUHDQGQRRQHLVEOHVVHGWRDFKLHYHWKDWH[FHSWWKH
SRVVHVVRURIJUHDWEOHVVLQJRIQREOHPDQQHUV>)XVVLODW
@
$QGUHJDUGLQJKLVFRXQWHUSDUW
:KHQHYHU\RXVHQVHIURP6KD\WDQDQHYLOVHQVDWLRQWKHQ
VHHNUHIXJHZLWK$OODK,QGHHG+H+HLVWKH$OO+HDULQJWKH
$OO.QRZLQJ>)XVVLODW@
$OODK < FODULILHV WKDW NLQGQHVV DQG JHQWOHQHVV LV
HVSHFLDOO\IRUWKH0XVOLPVH[FOXGLQJWKHNXIIDDUVD\LQJ
«7KHQ$OODKZLOOEULQJDSHRSOHWKDW+HORYHVDQGWKH\ORYH
+LPKXPEOHZLWKWKHEHOLHYHUVDQGKDUVKZLWKWKHNXIIDDU
>$O0D·LGDK@
0XKDPPHG LV $OODK·V PHVVHQJHU DQG WKRVH ZLWK KLP DUH
KDUVKZLWKWKHNXIIDDUPHUFLIXOWRHDFKRWKHU>$O)DWK@
2 3URSKHW ILJKW WKH NXIIDDU DQG WKH K\SRFULWHV DQG EH
VHYHUHZLWKWKHP>$W7DZEDK@
>7UDQVODWRU·VQRWH7KLVLVLQUHIHUHQFHWRWKRVHNXIIDDUZKRDUHDWZDUZLWK
WKH0XVOLPVRUDEXVLYH7KRVHNXIIDDUZKRDUHQHLWKHUKRVWLOHQRUZDJLQJZDU
DJDLQVW WKH 0XVOLPV DUH WR EH WUHDWHG ZHOO DV WKDW LV IURP WKH QREOH SURSKHW·V
HJXLGDQFHDQGLQKRSHVRIWKHLUHPEUDFLQJ,VODP7KHSURRIIRUZKDW,KDYH
SUHVHQWHGFDQEHHDVLO\IRXQGLQ6XUDK$O0XPWDKLQDK$OODKGRHVQRW
SURKLELW \RX IURP WKRVH ZKR GR QRW ILJKW \RX EHFDXVH RI UHOLJLRQ RU
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
+DUVKQHVV LQ WKH SODFH RI JHQWOHQHVV LV VWXSLGLW\ DQG
XQZLVHZKLOHJHQWOHQHVVLQWKHSODFHRIKDUVKQHVVLVZHDNQHVVDQG
IHHEOHQHVVDVVWDWHGLQWKHSRHP
,ILWLVVDLGWROHUDQFHWKHQVD\IRUWROHUDQFHLVDSODFH
:KLOHWKH\RXWK·VWROHUDQFHLQLWVZURQJSODFHLVLJQRUDQFH
H[SHO \RX IURP \RXU KRPHV IURP EHLQJ NLQG DQG MXVW ZLWK WKHP
&HUWDLQO\ $OODK ORYHV WKH MXVW ,QGHHG $OODK SURKLELWV \RX IURP WKRVH
ZKRILJKW\RXGXHWRUHOLJLRQH[SHO\RXIURP\RXUKRPHVDQGVXSSRUWHG
RWKHUV LQ H[SHOOLQJ \RX WR KDYH DOOHJLDQFH ZLWK WKHP DQG ZKRVRHYHU
DOLJQVKLPVHOIZLWKWKHPWKHQWKH\DUHWKHWUDQVJUHVVRUVDQGWKHVHHUDK
ELRJUDSK\RIWKHEHORYHGPHVVHQJHUH@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH6L[WK,VVXH7KH(FRQRP\
7KH4XU·DQKDVODLGRXWWKHIRXQGDWLRQVRI(FRQRPLFV$OO
DVSHFWVRIHFRQRPLFVIDOOXQGHUWKHVHIRXQGDWLRQV7KLVLVEHFDXVH
WKHVHDVSHFWVDOOUHYROYHDURXQGWZREDVLFFRQFHSWV
x 7KHILUVW $SURSHUSHUVSHFWLYHRIPDNLQJPRQH\
x 7KHVHFRQG $ SURSHU SHUVSHFWLYH LQ VSHQGLQJ LW LQ WKH
ULJKWFKDQQHOV
6RORRNDWKRZ$OODK<KDVRSHQHGXSLQ+LVERRNWKH
4XU·DQZD\VWRPDNLQJPRQH\LQZD\VDSSURSULDWHWRERWKKRQRU
DQGUHOLJLRQ+HOLWWKHZD\WRWKDWVD\LQJ
6RZKHQWKHSUD\HULVILQLVKHGVSUHDGRXWWKURXJKWKHHDUWK
DQGVHHN$OODK·VZHDOWKDQGUHPHPEHU$OODKDORWVRWKDW\RX
PD\EHVXFFHVVIXO>$O-XPX·DK@
«$QG RWKHUV JRLQJ RXW WKURXJK WKH ODQG VHHNLQJ IURP
$OODK·VZHDOWK>$O0X]]DPPLO@
7KHUHLVQRVLQXSRQ\RXLQVHHNLQJZHDOWKIURP\RXU/RUG
>$O%DTDUDK@
«([FHSWLWEHLQJDEXVLQHVVWUDQVDFWLRQEDVHGRQPXWXDO
VDWLVIDFWLRQ>$Q1LVDD@
$QG$OODKKDVPDGHEXVLQHVVKDODO«
>$O%DTDUDK@
7KHUHIRUHHDWIURPZKDW\RXKDYHHDUQHGRIZDUVSRLOVKDODO
DQGJRRG«>$O$QIDO@
ZLWKRWKHUWKDQWKDWRIHYLGHQFHV
$OVR ORRN DW KRZ $OODK < FRPPDQGV PRGHUDWHQHVV LQ
VSHQGLQJ
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
$QG GR QRW PDNH \RXU KDQG FKDLQHG WR \RXU QHFN DQG GR
QRWVSUHDGLWRXWDOOWKHZD\>$O,VUDD@
$QG WKRVH ZKR ZKHQ WKH\ VSHQG DUH QRW H[FHVVLYH QRU
VWLQJ\ DQG DUH LQ WKHLU VSHQGLQJ EHWZHHQ WKDW LQ FDUH
WDNLQJ>$O)XUTDQ@
$QGWKH\DVN\RXKRZPXFKVKRXOGWKH\VSHQG
>$O%DTDUDK@
7KHQORRNDWKRZ$OODK<SURKLELWVVSHQGLQJRQZKDW
LVQRWODZIXO
7KH\ ZLOO VSHQG LW WKHLU ZHDOWK EXW WKHQ LW ZLOO EH XSRQ
WKHP JULHI DQG UHJUHW DQG WKHQ WKH\ ZLOO EH RYHUZKHOPHG
FRQTXHUHG>$O$QIDO@
>7UDQVODWRU·V QRWH 6KD\NK $V6D·DGL FRPPHQWV RQ WKLV D\DK LQ KLV WDIVLU
VD\LQJ$QGGRQRWPDNH\RXUKDQGFKDLQHGWR\RXUQHFNLVUHIHUULQJWR
H[WUHPHJUHHGDQGVWLQJLQHVVDQGGRQRWVSUHDGLWRXWDOOWKHZD\VRWKDW
\RXVSHQGLQZKDWLVXQQHFHVVDU\RUPRUHWKDQZKDWLVQHFHVVDU\µ@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH6HYHQWK,VVXH3ROLWLFV
&HUWDLQO\ WKH 4XU·DQ KDV SUHVHQWHG WKH IRXQGDWLRQV RI
SROLWLFV LOOXPLQDWLQJ LWV FKDUDFWHULVWLFV DQG UHYHDOLQJ LWV URXWHV
7KDWLVEHFDXVH$V6L\DVDKSROLWLFV²IURPWKHYHUE Å¢Ç ÅÈ
¨Ç¢ÊÇZKLFKPHDQVWRUHJXODWHDIIDLUVDQGWRPDLQWDLQPDWWHUV,W
LVGLYLGHGXSLQWRWZRGLYLVLRQVIRUHLJQDQGGRPHVWLF
$VIRUIRUHLJQZHOOLWVVXEMHFWLVEDVHGXSRQWZRSLOODUV
x 7KH ILUVW SUHSDULQJ WKH QHFHVVDU\ PLJKW WR VXSSUHVV WKH
HQHP\ DQG ILQLVK KLP RII DV $OODK < KDV PHQWLRQHG
FRQFHUQLQJWKLVSLOODU
$QG SUHSDUH IRU WKHP ZKDW \RX FDQ RI PLJKW LQWHOOHFWXDO
SK\VLFDO DQG ZHDSRQU\ HWF DQG KRUVHV UHLQHG IULJKWHQLQJ
WKHUHE\$OODK·VHQHP\DQG\RXUHQHP\>$O$QIDO@
x 7KH VHFRQG FRUUHFW FRPSOHWH XQLW\ HQFRPSDVVLQJ WKDW
PLJKW$OODK<VWDWHV
$QG XQLWH IRUWLILHG DOWRJHWKHU XQGHU $OODK·V URSH ,VODP
DQGGRQRWGLYLGH>$DOL¶,PUDQ@
+HDOVRVD\V
$QGGRQRWGLVSXWHOHVW\RXORVHFRXUDJHDQG\RXUVWUHQJWK
GHSDUWV>$O$QIDDO@
7KH 4XU·DQ KDV GHWDLOHG ZKDW IROORZV WKDW RI WUXFHV
DUPLVWLFHDQGWKHIXOILOOLQJRIFRQWUDFWVLIWKHVLWXDWLRQFDOOVIRULW
$OODK<VD\V
6RIXOILOOIRUWKHPWKHLUFRQWUDFWWRLWVDSSRLQWHGWLPH
>$W7DZEDK@
6RDVORQJDVWKH\DUHXSULJKWNHHSLQJWKHLUFRQWUDFWWKHQ
EHXSULJKWZLWKWKHP>$W7DZEDK@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
$QG LI \RX IHDU IURP D SHRSOH EHWUD\DO WKHQ EUHDN WKH
FRQWUDFWWRWKHPHTXDOO\LQIRUPLQJWKHPRIWKHLUEUHDFK
>$O$QIDDO@
$QG D SURFODPDWLRQ IURP $OODK DQG +LV PHVVHQJHU WR WKH
SHRSOH RQ WKH GD\ RI $O+DMM $O$NEDU WKH WK GD\ RI +DMM
WKH GD\ RI VDFULILFLQJ WKDW YHULO\ $OODK LV LQQRFHQW IURP WKH
SRO\WKHLVWVDQGVRLV+LVPHVVHQJHU>$W7DZEDK@
+H FRPPDQGV XV WR EHZDUH OLEHUDWH RXUVHOYHV IURP WKHLU
FRQVSLULQJDQGWKHLUVHL]LQJRIRSSRUWXQLWLHV+HVD\V
2\RXZKREHOLHYHWDNH\RXUSUHFDXWLRQV
>$Q1LVDD@
$QG KDYH WKHP EHZDUH DQG WDNH WKHLU ZHDSRQV WKH
GLVEHOLHYHUVZRXOGORYHWKDW\RXQHJOHFW\RXUZHDSRQV
>$Q1LVDD@
:LWKPDQ\RWKHU$\DDWOLNHVWKHVH
$V IRU WKH GRPHVWLF SROLF\ DOO LWV WRSLFV UHWXUQ WR WKH
HVWDEOLVKPHQW RI VDIHW\ DQG SHDFH ZLWKLQ VRFLHW\ ZKLOH KDOWLQJ
DJJUHVVLRQDQGUHWXUQLQJWKLQJVWRWKHLUULJKWIXORZQHUV
7KH PDLQ HQWLWLHV WKDW DUH WKH IRFXV RI SUHVHUYDWLRQ LQ
GRPHVWLFSROLF\DUHVL[
x 7KH ILUVW 5HOLJLRQ 7KH 6KDULDK FDPH WR SURWHFW LW DQG
WKDW LV ZK\ WKH 0HVVHQJHU H VDLG ´:KRHYHU FKDQJHV KLV
UHOLJLRQ ,VODP NLOO KLPµ ,Q WKDW WKHUH LV D WUHPHQGRXV
GHWHUUHQFHIURPFKDQJLQJUHOLJLRQDQGLWVYDQTXLVKLQJ
x 7KHVHFRQG/LYHV$OODK<KDVOHJLVODWHGLQWKH4XU·DQ
$O4LVDDVWRSURWHFWWKHP
1DUUDWHG IURP ,EQ $EEDV· KDGLWK $O%XNKDUL .LWDE $O-LKDG %DE /D
<XDGKGKDE%L$GKDE$OODK
>7UDQVODWRU·V QRWH 4LVDDV LV WKH SXQLVKPHQW WKDW LV H[DFWHG RXW WR WKH
FULPLQDO DV OHJLVODWHG LQ WKH 4XU·DQ DQGRU KDGLWK (DFK FULPH KDV LWV VSHFLILF
SXQLVKPHQWZKLFKLVPRVWVXLWDEOHIRULWDV\RXVHHLQWKHVL[WRSLFVOLVWHG@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
$QGIRU\RXWKHUHLVLQ4LVDDVOLIH
>$O%DTDUDK@
4LVDDV LV LQFXPEHQW XSRQ \RX LQ PDWWHUV UHJDUGLQJ
PXUGHU>$O%DTDUDK@
$QGZKRHYHULVNLOOHGRSSUHVVHGWKHQZHKDYHJLYHQWRKLV
JXDUGLDQDXWKRULW\>$O,VUDD@
x 7KHWKLUG7KHPLQGDQGLQWHOOHFW7KH4XU·DQKDVFRPH
WRSURWHFWWKHP
2 \RX ZKR EHOLHYH LQGHHG GULQNLQJ DOFRKRO JDPEOLQJ
LGROVDQGGLYLQDWLRQDUHHYLODQGILOWKIURP6KD\WDQ·VGRLQJV
VRDEVWDLQIURPWKHPWKDW\RXPLJKWEHVXFFHVVIXO
>$O0DLGDK@
$OVR LW LV PHQWLRQHG LQ D KDGLWK ´$OO LQWR[LFDQWV DUH KDUDP
WKXVZKDWLQWR[LFDWHVLQODUJHTXDQWLW\LVKDUDPHYHQLQVPDOO
TXDQWLW\µ 'XHWRWKHSURWHFWLRQRIWKHPLQGDQGLQWHOOHFWWKH
SXQLVKPHQWIRUWKHGULQNHURIDOFRKROLVREOLJDWRU\
x 7KH IRXUWK )DPLO\ DQG JHQHDORJ\ 7R SURWHFW LW $OODK
< KDV OHJLVODWHG WKH DGXOWHUHU·V DQG IRUQLFDWRU·V
SXQLVKPHQW
7KH IHPDOH IRUQLFDWRU DQG WKH PDOH IRUQLFDWRU ODVK HDFK RI
WKHPRQHKXQGUHGODVKHV>$Q1XU@
,EQ 0DMDK .LWDE $O$VKULEDK %DE 0D $VNDUD .DWKLUXKX )D 4DOLOXKX +DUDP
KDGLWK7KHEHJLQQLQJSDUWRILW´$OOLQWR[LFDQWVDUHKDUDPµ
LVPXWWDIDTXQDOH\KLIURP$EX0XVD·VKDGLWK$O%XNKDUL.LWDE$O0DJKD]\
%DE %LWKD $EL 0XVD :D 0XDGK ,OD $O<HPHQ 4DEO +LMMDK $O:LGD·D
0XVOLP .LWDE $O$VKULEDK %DE %D\DQ $QQD .XOOH 0XVNLULQ .KDPU :D $QQDQ
.XOOH.KDPU+DUDPKDGLWK
>7UDQVODWRU·V QRWH $V IRU WKH PDOH DQG IHPDOH DGXOWHUHVV WKH\ ZKR DUH QRW
YLUJLQVWKHSUHVFULEHGSXQLVKPHQWIRUWKHPLVWKDWWKH\EHVWRQHGWRGHDWKGXH
WRWKHWUHPHQGRXVHYLORIWKDWFULPH7KHSURRIIRUWKDWLVWKHKDGLWKWKDWERWK
,PDPV $O%XNKDUL DQG 0XVOLP KDYH QDUUDWHG RQ $EX +XUD\UDK W LQ WKH
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
x 7KH ILIWK 5HSXWDWLRQ DQG KRQRU 7R VDIHJXDUG LW $OODK
<OHJLVODWHGWKDWWKHVODQGHUHUEHODVKHGHLJKW\ODVKHV
$QGWKRVHZKRVODQGHUWKHFKDVWHYLUWXRXVEHOLHYLQJZRPHQ
ZLWKRXWEULQJLQJIRXUZLWQHVVHVODVKWKHPHLJKW\ODVKHV
>$Q1XU@
x 7KH VL[WK SURSHUW\ DQG ZHDOWK 'XH WR LWV VDIHJXDUGLQJ
$OODK<KDVOHJLVODWHGFXWWLQJWKHWKLHI·VKDQGRII
$QGWKHPDOHWKLHIDQGWKHIHPDOHWKLHIFXWRIIWKHLUKDQGV
LQ UHZDUG IRU ZKDW WKH\ KDYH HDUQHG DV UHWULEXWLRQ IURP
$OODK>$O0DLGDK@
6R LW EHFRPHV HYLGHQW WKDW IROORZLQJ WKH 4XU·DQ LV D
JXDUDQWHHIRUDOORIVRFLHWLHVZHOOEHLQJERWKGRPHVWLFDQGIRUHLJQ
LQFLGHQWRIWKHYLUJLQER\ZKRIRUQLFDWHGZLWKKLVHPSOR\HU·VZLIHZKHUHLQWKH
SURSKHWHRUGHUHGWKHER\EHODVKHGDQGWKHZRPHQEHVWRQHGWRGHDWK
$OVRWKHKDGLWKVRIWKHVDKDEL0D·L]WDQGWKHVDKDEL\\DK$O*KDPLGL\\DK
W@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH(LJKW,VVXH7KHNXIIDDU·VGRPLQDWLRQRIWKH0XVOLPV
7KLVSX]]OHGWKHFRPSDQLRQVWRI$OODK·V<PHVVHQJHU
H ZKLOH KH ZDV SUHVHQW DPRQJVW WKHP DQG $OODK < +LPVHOI
DGYLVHG UHJDUGLQJ WKDW ZLWKLQ +LV ERRN D KHDYHQO\ DGYLFH
HOLPLQDWLQJ WKDW SX]]OHPHQW 7KDW ZDV ZKHQ WKHUH RFFXUUHG WR
WKH 0XVOLPV ZKDW RFFXUUHG RQ WKH ZDU RI 8KXG 'D\ WKH\
ZKHUHWURXEOHGE\WKDWZKLFKRFFXUUHG7KH\VDLG´+RZFDQDQG
GLGWKHSRO\WKHLVWVWULXPSKRYHUXVDQGGRPLQDWHXVZKLOHZHDUHXSRQWKH
WUXWK DQG WKH\ DUH XSRQ IDOVHKRRG"µ 6R $OODK < DQVZHUHG WKHP
FRQFHUQLQJWKDWVD\LQJ
,V LW ZKHQ D WUDJHG\ DIIOLFWHG \RX RQ 8KXG ZKLOH \RX
DIIOLFWHG WKHP WKH NXIIDDU ZLWK WKH OLNHV RQ %DGU WKDW
\RXVD\DPD]HGKRZLVWKDWSRVVLEOH"6D\20XKDPPHG
HLWLVIURP\RXUVHOYHV>$DOL¶,PUDQ@
+LV VD\LQJ 6D\ 2 0XKDPPHG H LW LV IURP \RXUVHOYHV +H
FODULILHVLWLQYHULILFDWLRQWRWKHD\DK
$QG $OODK KDV FHUWDLQO\ DFWXDOL]HG IRU \RX +LV SURPLVH RI
YLFWRU\ DV \RX ZHUH NLOOLQJ WKHP WKH NXIIDDU RQ 8KXG E\
+LV SHUPLVVLRQ WLOO \RX WKH DUFKHUV GLVSXWLQJO\ GLIIHUHG LQ
WKH LVVXH RI REH\LQJ WKH PHVVHQJHU·V H RUGHUV WKHUHE\
ZHDNHQLQJ DQG \RX GLVREH\HG DIWHU +H $OODK VKRZHG \RX
ZKDW\RXORYHYLFWRU\2I\RXDUHWKRVHZKRORYHWKLVZRUOG
WKRVHZKROHIWWKHLUVWDWLRQDQGRI\RXDUHWKRVHZKRORYH
WKH +HUHDIWHU WKRVH ZKR UHPDLQHG WKHQ DIWHU WKDW WDNLQJ
SODFH+H$OODKWXUQHG\RXDZD\IURPWKHPORVLQJWRWHVW
\RX>$DOL¶,PUDQ@
>7UDQVODWRU·VQRWH7KLVLVWKHVHFRQGZDUWKDWRFFXUUHGEHWZHHQWKH3URSKHW
HDQG4XUD\VKLQWKHWKLUG\HDUDIWHUWKH+LMUDKPLJUDWLRQIURP0HNNDKWR
$O0HGLQDKDWWKHEDVHRI0W8KXGLQ$O0HGLQDK4XUD\VKVRXJKWWRWDNH
YHQJHQFHLQWKLVZDUIRUWKHLUORVVLQWKHILUVWRQHWKDWWRRNSODFHH[DFWO\D\HDU
EHIRUHLWLQWKHKRO\PRQWKRI5DPDGDQ@
>7UDQVODWRU·VQRWH7KLVZDVWKHILUVWZDUWKDWRFFXUUHGEHWZHHQWKH3URSKHW
HDQG4XUD\VKLQWKHVHFRQG\HDUDIWHUWKH+LMUDK@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KXV+HFODULILHVLQWKLVKHDYHQO\DGYLFHWKHVHD\DDWWKDW
WKHUHDVRQIRUWKHNXIIDDU·VGRPLQDWLRQRYHUWKHPWKHEHOLHYHUVLV
GXHWRWKHPVHOYHVDQGWKDWLWLVLQGHHGGXHWRWKHLUZHDNQHVVDQG
GLVSXWLQJ LQ WKH PDWWHU ZLWK VRPH IURP WKHP GLVREH\LQJ WKH
0HVVHQJHUHDORQJZLWKWKHLUZDQWLQJZRUOGO\JDLQV7KDWZDV
ZKHQWKHDUFKHUVZKRZHUHDWWKHIRRWRIWKHPRXQWDLQEORFNLQJ
WKH NXIIDDU IURP DWWDFNLQJ WKH 0XVOLPV IURP EHKLQG DVSLUHG WR
JDWKHU WKH JKDQLPDK ZDU VSRLOV DW WKH UHWUHDWLQJ RI WKH
GLVEHOLHYHUV GXULQJ WKH EHJLQQLQJ RI WKH ZDU VR WKH\ QHJOHFWHG
WKH0HVVHQJHU·VHRUGHUWRUHPDLQDWWKHLUSRVWQRPDWWHUZKDW
RFFXUVDVSLULQJWRJDLQVRPHPDWHULDOZHDOWK
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH1LQWK,VVXH7KHSUREOHPRIWKH0XVOLPV·ZHDNQHVV
DQGWKHLUODFNLQJLQTXDQWLW\DQGSUHSDUDWLRQZLWK
UHVSHFWWRWKHNXIIDDU
,QGHHG $OODK < KDV FODULILHG LWV FXUH LQ +LV ERRN WKH
4XU·DQ +H H[SODLQHG WKDW ZKHQ +H NQRZV VLQFHULW\ IURP +LV
VHUYDQWV· KHDUWV DV LV UHTXLUHG WKHQ WKH UHVXOW RI WKDW VLQFHULW\ LV
WKHLU GRPLQDWLRQ DQG YLFWRU\ RYHU WKRVH ZKR DUH VWURQJHU WKDQ
WKHP 7KDW LV ZK\ ZKHQ $OODK < NQHZ IURP WKH SOHGJHUV RI
5LGZDQ VLQFHULW\ DV LV QHFHVVDU\ +H SUDLVHG WKHLU VLQFHULW\ ZLWK
+LVVD\LQJ
9HULO\$OODKLVSOHDVHGZLWKWKHEHOLHYHUVDVWKH\SOHGJH\RX
2 0XKDPPHG H DOOHJLDQFH XQGHU WKH WUHH NQRZQ DV WKH
SOHGJH RI 5LGZDQ GXULQJ WKH WUHDW\ RI +XGD\EL\\DK DQG
$OODKNQRZVZKDWLVLQWKHLUKHDUWVRIVLQFHUHIDLWK
>$O)DWK@
+H GHWDLOHG WKDW RI WKH UHVXOWV RI WKDW VLQFHULW\ WKDW +H
ZLOOPDNHWKHPFDSDEOHRIZKDWWKH\DUHLQFDSDEOHRIDFKLHYLQJ
+HVD\V
$QGRWKHUWKDQWKDWRIYLFWRULHVRIZKLFK\RXDUHLQFDSDEOH
RIZKLFKLQGHHG$OODKKDVGRPLQDWLRQRYHULW>$O)DWK@
+H H[SOLFLWO\ VWDWHG WKDW WKH\ DUH LQFDSDEOH RI LW YLFWRU\ DQG LWV
UHZDUGV +RZHYHU +H LV GHILQLWHO\ LQ FRQWURO WKHUHE\ PDNLQJ
WKHPFDSDEOHPDNLQJLWWKHSOHGJHDYLFWRU\IRUWKHPGXHWR+LV
>7UDQVODWRU·VQRWH7KLVZDVZKHQWKHPHVVHQJHUHDORQJZLWKWKHVDKDEDK
W KHDGHG RII IRU 0DNNDK WR SHUIRUP ¶8PUDK LQ WKH WK \HDU +LMUDK DQG
4XUD\VK SUHYHQWHG WKHP 7KH\ PHGLDWHG D WUXFH EHWZHHQ WKHP NQRZQ DV
+XGD\EL\\DKWKDWZDVDPDMRUYLFWRU\IRUWKHEHOLHYHUVZKHUHDIWHUPRVWRIWKH
$UDEWULEHVHQWHUHGLQWR,VODP7KHSOHGJHRI5LGZDQZDVZKHQDWWKDWWLPH
¶8WKPDQ LEQ ¶$IIDQ W ZDV VHQW DV PHGLDWRU RQ EHKDOI RI WKH EHOLHYHUV WR
0HNNDKDQGZKHQUHSRUWFDPHEDFNWRWKHPHVVHQJHUHWKDWKHZDVNLOOHG
DVNHG WKH VDKDEDK W WR SOHGJH DOOHJLDQFH WR ILJKW 4XUD\VK WLOO WKH GHDWK
+RZHYHUWKHUHSRUWWXUQHGRXWWREHIDOVHVRWKH\QHYHUIRXJKW@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
DZDUHQHVVRIZKDWLVLQWKHLUKHDUWV7KDWLVZK\ZKHQWKHNXIIDDU
KDGLPSRVHGWKDWWUHPHQGRXVPLOLWDU\EORFNDGHXSRQWKH0XVOLPV
GXULQJ WKH JKD]ZDK RI $O$K]DE $O.KDQGDT DV PHQWLRQHG
LQ+LVVD\LQJ
$V WKH\ FDPH WR \RX IURP DERYH \RX WKH HDVW DQG
XQGHUQHDWK\RXWKHZHVWDQGWKHH\HVVWDUHGLQIHDUDQG
WKHKHDUWVUHDFKHGWKHWKURDWVDOOWKDWGXHWRH[WUHPHIHDU
DQG \RX WKRXJKW LOO RI $OODK WKDW +H QHJOHFWHG +LV UHOLJLRQ
DQG VHUYDQWV 7KHUH WKH EHOLHYHUV ZHUH WHVWHG DQG VKDNHQ
VHYHUHO\>$O$K]DE@
7KHFXUHIRUWKLVZHDNQHVVDQGWKHUHVSRQVHWRWKHPLOLWDU\
EORFNDGH ZDV IRU WKH 0XVOLPV WR WXUQ WR $OODK < LQ VLQFHULW\
KDYLQJVWURQJIDLWKLQ+LP$OODK<VD\V
$QG ZKHQ WKH EHOLHYHUV VDZ WKH WKH HQHP\ FODQV
VXUURXQGLQJ $O0HGLQDK WKH\ VDLG WKLV LV ZKDW $OODK DQG
+LVPHVVHQJHUSURPLVHGXVDQG$OODKDQG+LVPHVVHQJHUDUH
WUXWKIXO DQG WKDW GLGQ·W LQFUHDVH WKHP LQ DQ\WKLQJ H[FHSW
LQIDLWKDQGVXEPLVVLRQ>$O$K]DE@
7KHUHVXOWRIWKLVVLQFHULW\LVVHHQLQWKHZRUGVRI$OODK<
$QG $OODK UHSHOOHG WKH GLVEHOLHYHUV LQ WKHLU UDJH WKH\ GLG
QRW DFKLHYH DQ\ EHQHILW $QG $OODK VXIILFHG WKH EHOLHYHUV
IURP HQJDJLQJ LQ ZDU DQG $OODK LV 2PQLSRWHQW 0LJKW\
$OVR+HEURXJKWGRZQWKRVHIURPWKHSHRSOHRIWKHERRN
>7UDQVODWRU·V QRWH 6SHFLILFDOO\ LW UHIHUV WR D ZDU WKDW WKH PHVVHQJHU H
SDUWLFLSDWHGLQ*HQHUDOO\LWPHDQVZDU@
>7UDQVODWRU·V QRWH 7KLV RFFXUUHG LQ WKH WK \HDU +LMUDK ZKHQ WKH -HZLVK
OHDGHUV SORWWHG DJDLQVW ,VODP DQG WKH 0XVOLPV E\ JDWKHULQJ WKH $UDE WULEHV
WRJHWKHUWRZDJHDXQLWHGZDUDJDLQVWWKHEOHVVHGFLW\RI$O0HGLQDKZLWKLWV
0XVOLP LQKDELWDQWV 7KH NXIIDDU QXPEHUHG ZDUULRUV ZKLOH WKH
0XVOLPV QXPEHUHG RQO\ EORFNDGHG WKH FLW\ IRU D PRQWK XQWLO $OODK
FDXVHGWKHPWRUHWUHDWKXPLOLDWHG@
>7UDQVODWRU·VQRWH7KH\ZHUHWKH-HZVRIWKHWULEHRI%DQL4XUD\GKDKZKR
OLYHGZLWKLQWKHFLW\RI$O0HGLQDKWKDWKDGEURNHQWKHLURDWKRISHDFHZKHQ
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
ZKRVXSSRUWHGWKHPWKHFODQVIURPWKHLUIRUWUHVVHVDQG+H
VWUXFN WHUURU LQWR WKHLU KHDUWV \RX NLOOLQJ D JURXS RI WKHP
DQG HQVODYLQJ DQRWKHU JURXS )XUWKHUPRUH +H PDGH \RX
KHLUVRIWKHLUODQGVKRPHVDQGZHDOWKDQGODQG\RXKDYHQRW
\HWVWHSSHGRQEHIRUHDQG$OODKLVRYHUDOOWKLQJVFDSDEOH
>$O$K]DE²@
$OODK<KHOSHGWKHPZLWKWKHDQJHOVDQGWKHZLQGWKRXJKWKH\
ZHUHXQDZDUHRILW$V$OODKVDLG
2 \RX ZKR EHOLHYH UHFDOO $OODK·V EOHVVLQJV XSRQ \RX ZKHQ
WKHUH FDPH WR \RX DUPLHV VR :H VHQW XSRQ WKHP ZLQG DQG
DUPLHVWKDW\RXGLGQ·WVHH>$O$K]DE@
+HUHWKHUHLVHYLGHQFHRIWKHWUXWKIXOQHVVRI,VODP,QWKDW
D VPDOO ZHDN JURXS DELGLQJ E\ ,VODP FDQ FRQTXHU D ODUJH VWURQJ
GLVEHOLHYLQJJURXS$OODKVWDWHV
+RZ PDQ\ D VPDOO JURXS KDV FRQTXHUHG D ODUJH JURXS E\
$OODK·VZLOODQG$OODKLVZLWKWKHSHUVHYHULQJ
>$O%DTDUDK@
'XH WR LWV LQGLFDWLRQ RI WKH WUXWKIXOQHVV RI WKH UHOLJLRQ RI ,VODP
$OODK < KDV FDOOHG WKH GD\ RI WKH EDWWOH RI %DGU DQ D\DK
PLUDFOHED\\LQDKHYLGHQFHDQGIXUTRQGLVWLQFWLRQ+HVD\V
&HUWDLQO\ WKHUH LV IRU \RX DQ D\DK LQ WKH WZR JURXSV
DUPLHV WKDW PHW D JURXS ILJKWLQJ LQ $OODK·V FDXVH DQG WKH
RWKHUGLVEHOLHYHUV>$DOL¶,PUDQ@
WKH\ MRLQHG HIIRUWV ZLWK WKH RWKHU NXIIDDU EXW IURP ZLWKLQ $OODK SXQLVKHG
WKHPIRUWKHLUWUHDFKHU\E\KDYLQJWKHPGHIHDWHGZLWKWKHLUZDUULRUVSXWWRWKH
VZRUGDQGWKHLUZRPHQFKLOGUHQDQGZHDOWKWDNHQDVJKDQLPDK@
>7UDQVODWRU·V QRWH 7KLV JKD]ZDK RFFXUUHG LQ WKH QG \HDU +LMUDK LQ DQ DUHD
QDPHG%DGUORFDWHGEHWZHHQ0HNNDKDQG$O0HGLQDK7KLVZDVWKHILUVWUHDO
ZDUEHWZHHQWKHWZRIRUFHVRIJRRGWKHEHOLHYHUVYHUVXVHYLOWKHGLVEHOLHYHUV
RI 4XUD\VK 7KH 0XVOLPV QXPEHUHG ZKLOH WKH NXIIDDU EXW $OODK
KXPLOLDWHG WKHP ZLWK GHIHDW 0DQ\ RI WKHLU OHDGHUV ZHUH VOD\HG ZKLOH
RWKHUVZHUHWDNHQDVSULVRQHUV@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
DQGWKDWZDVRQWKHGD\RI%DGU$OODK<VD\V
«,I\RXEHOLHYHLQ$OODKDQGZKDW:HVHQWGRZQXSRQ2XU
VHUYDQWRQ)XUTRQGD\«>$O$QIDO@
DQGWKDWZDVRQWKHGD\RI%DGU$OVR+HVD\V
«6R WKDW KH ZKR LV GHVWUR\HG LV GHVWUR\HG XSRQ
ED\\LQDK«>$O$QIDDO@
DQG WKDW ZDV RQ WKH GD\ RI %DGU DV VRPH RI WKH VFKRODUV KDYH
YHULILHG
:LWKRXW GRXEW D VPDOO ZHDN JURXS RI EHOLHYHUV
FRQTXHULQJ D ODUJH SRZHUIXO JURXS RI GLVEHOLHYHUV LV DQ LQGLFDWRU
WKDWWKH\DUHXSRQWKHWUXWKDQGWKDWLQGHHG$OODK<LVWKH2QH
ZKRKHOSHGWKHPMXVWDV+HVWDWHGDERXWWKHEDWWOHRI%DGU
´&HUWDLQO\ $OODK KDV KHOSHG\RXZLWKYLFWRU\LQ%DGUZKLOH
\RXZHUHKXPEOHIHZDQGZHDNµ>$DOL¶,PUDQ@
$OVR+HVWDWHGLQWKH4XU·DQ
:KHQ\RXU/RUGLQVSLUHGWKHDQJHOVWHOOLQJWKHPFHUWDLQO\
, DP ZLWK \RX VR IRUWLI\ WKH EHOLHYHUV , VKDOO WKURZ WHUURU
LQWRWKHKHDUWVRIWKRVHZKRGLVEHOLHYH>$O$QIDDO@
7KHEHOLHYHUVDUHWKRVHWRZKRP$OODK<KDVSURPLVHG
YLFWRU\ $OODK < KDV DOVR GHILQHG WKHLU FKDUDFWHULVWLFV GLVWLQ
JXLVKLQJWKHPWKHUHE\IURPRWKHUV+HVWDWHG
,QGHHG $OODK ZLOO FHUWDLQO\ KHOS WKRVH ZKR KHOS +LP +LV
UHOLJLRQ²,VODPYHULO\$OODKLVFHUWDLQO\6WURQJ0LJKW\
>$O+DMM@
+H GLVWLQJXLVKHG WKHP IURP RWKHUV WKURXJK WKHLU FKDUDFWHULVWLFV
E\VD\LQJLQWKH4XU·DQ
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KRVHWKDW:HSURPLVH2XUKHOSWKDWLI:HHVWDEOLVKWKHP
DVUXOHUVWKURXJKRXWWKHHDUWKHVWDEOLVKWKHVDOODKSUD\HUV
DQGRIIHUWKH]DNDKDOPVDQGRUGHUYLUWXRXVQHVVDQGIRUELG
ZURQJDQGWR$OODKDUHWKHUHWXUQRIDOOPDWWHUV
>$O+DMM@
7KLV FXUH WKDW ZH UHIHUUHG WR SUHYLRXVO\ LV LQGHHG WKH
VROXWLRQDQGUHVSRQVHIRUDPLOLWDU\EORFNDGH$OODK<LQGLFDWHG
LQ 6XUDK $O0XQDILTXQ WKH +\SRFULWHV WKDW LW LV D FXUH IRU DQ
HFRQRPLFEORFNDGH+HVWDWHV
7KH\DUHWKRVHZKRVD\GRQ·WVSHQGWRVXSSRUWWKRVHWKDW
DUHZLWK$OODK·VPHVVHQJHUVRWKDWWKH\GLVSHUVHIURPKLP
>$O0XQDILTXQ@
7KHK\SRFULWHVZDQWHGWRLPSRVHDQHFRQRPLFEORFNDGHRQ
WKH 0XVOLPV DQG $OODK < KDV LQGLFDWHG WKDW LWV FXUH LV VWURQJ
IDLWKLQ+LPDQGWUXWKIXOO\WXUQLQJWR+LP+HVWDWHG
$QG $OODK·V DUH WKH KHDYHQV· DQG HDUWK·V WUHDVXUHV EXW WKH
K\SRFULWHVGRQ·WXQGHUVWDQG>$O0XQDILTXQ@
%HFDXVH+HLQZKRVHKDQGVDUHWKHKHDYHQV·DQGHDUWK·VWUHDVXUHV
GRHVQ·WSHULVKWKHRQHZKRVHHNVUHIXJHZLWK+LPDQGREH\V+LP
$QG ZKRHYHU IHDUV $OODK +H ZLOO PDNH IRU KLP D ZD\ RXW
DQG SURYLGH IRU KLP WKURXJK PHDQV KH ZRXOG KDYH QRW
DQWLFLSDWHGDQGZKRHYHUWUXVWVLQ$OODKWKHQ+HZLOOVXIILFH
KLP>$W7DOODT@
$OVR+HIXUWKHULQGLFDWHGWKDWLQ+LVVWDWHPHQW
$QG LI \RX IHDU SRYHUW\ WKHQ $OODK ZLOO VRRQ PDNH \RX
ZHDOWK\LI+HFKRRVHV>$W7DZEDK@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
7KH7HQWK7RSLF7KHGLOHPPDRIGLYLGHGKHDUWV
$OODK<KDVFODULILHGLQ6XUDK$O+DVKUWKH*DWKHULQJ
WKDW WKH UHDVRQ IRU GLYLVLRQ RI WKH KHDUWV LV WKH DEVHQFH RI
LQWHOOLJHQFH$OODKVDLG
<RX ZRXOG FRQVLGHU WKHP XQLWHG EXW WKHLU KHDUWV DUH
GLYLGHG>$O+DVKU@
WKHQ+HVKRZVWKHUHDVRQIRUWKDWE\VD\LQJ
7KDW LV EHFDXVH WKH\ DUH GHILQLWHO\ D SHRSOH ZKR GR QRW
XQGHUVWDQG>$O+DVKU@
7KH PHGLFLQH IRU D ZHDN PLQG LV HQOLJKWHQPHQW WKURXJK
IROORZLQJWKHOLJKWRIUHYHODWLRQ7KLVLVEHFDXVHUHYHODWLRQJXLGHV
WRWKHEHQHILWVWKDWWKHPLQGODFNV$OODK<VD\V
,VKHZKRZDVEHIRUH$OODK·VJXLGLQJKLPGHDGORVWLQWKH
GDUNQHVV RI GLVEHOLHI LJQRUDQFH DQG VLQ WKHQ :H UHYLYHG
KLP WKURXJK WKH OLJKW RI NQRZOHGJH IDLWK DQG REHGLHQFH
DQG JDYH KLP OLJKW WR ZDON ZLWK DPRQJVW SHRSOH VLPLODU WR
KLP ZKRVH SDUDEOH LV WKDW RI EHLQJ LQ GDUNQHVV QRW H[LWLQJ
IURPLW>$O$Q·DP@
+HH[SODLQVLQWKLVD\DKWKDWWKHOLJKWRIIDLWKUHYLYHVKLP
ZKRZDVGHDGDQGKLVSDWKWKDWKHZDONVLQLVLOOXPLQDWHGIRUKLP
$OODK<VD\V
$OODKLVWKH*XDUGLDQRIWKRVHZKREHOLHYHWDNLQJWKHPRXW
RIGDUNQHVVLQWROLJKW>$O%DTDUDK@
+HDOVRVD\V
,V KH ZKR ZDONV SURQH ZLWKRXW VHHLQJ RQ KLV IDFH PRUH
ULJKWO\ JXLGHG RU KH ZKR VHH DQG ZDONV XSULJKW RQ WKH
VWUDLJKWSDWKLH,VODPLF0RQRWKHLVP>$O0XON@
$QGWKHUHDUHPDQ\RWKHUD\DDWOLNHWKHVH
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
,Q VXPPDU\ PDQNLQG·V EHQHILWV WR ZKLFK WKH ODZV RI WKH
ZRUOGUHWXUQDUHRIWKUHHW\SHV
x 7KHILUVW¾ÊÇ¢èm¡ÉÁ½ DYHUWLQJKDUP
NQRZQ DPRQJVW WKH VFKRODUV RI 8VXO DV WKH PDQGDWRU\
LWHPV ² WKH UHVXOW EHLQJ DYHUWLQJ KDUP IURP WKH VL[
WKLQJVWKDWZHPHQWLRQHGEHIRUHUHOLJLRQOLIHWKHPLQG
DQGLQWHOOHFWIDPLO\DQGJHQHDORJ\UHSXWDWLRQDQGKRQRU
SURSHUW\DQGZHDOWK
x 7KHVHFRQG¶Êó¢Ðm¡¤ô³DWWDLQLQJZHOOEHLQJ
NQRZQ DPRQJVW WKH VFKRODUV RI 8VXO DV WKH QHFHVVDU\
LWHPVDQGIURPLWVVXEGLYLVLRQVEXVLQHVVUHQWLQJDQGDOO
JHQHUDO WUDQVDFWLRQV WKDW GHDO ZLWK WKH ZHOOEHLQJ RI
VRFLHW\LQDFFRUGDQFHZLWK,VODPLFODZ
x 7KHWKLUG é»È¡õÊÁ¢ð÷JRRGFKDUDFWHUDQGSHUVRQDOLW\
E\DGRUQLQJWKHFKDUDFWHUZLWKYLUWXRXVPDQQHUVDQGJRRG
KDELWV
NQRZQDPRQJVWWKHVFKRODUVRI8VXODVWKHEHDXWLI\LQJDQG
FRPSOHWLQJLWHPV)URPLWVVXEGLYLVLRQVDUHWKHQDWXUDO
GLVSRVLWLRQV OLNH JURZLQJ WKH EHDUG DQG WULPPLQJ WKH
PXVWDFKH « HWF $OVR IURP LWV VXEGLYLVLRQV SURKLELWLQJ
GLUWLQHVV DQG LPSXULW\ DQG WKH LPSHUDWLYHQHVV RI
VXSSRUWLQJILQDQFLDOO\RQH·VUHODWLYHVDQGWKHSRRU
7KHUHLVQRWKLQJNHHQHURQSURWHFWLQJWKHVHFDWHJRULHVIRU
ZHOOEHLQJLQDZLVHVDIHPHWKRGWKDQWKHUHOLJLRQRI,VODP
$OLI /DP 5DD $ ERRN ZKRVH D\DDW KDYH EHHQ SHUIHFWHG
WKHQH[SODLQHGE\$OODKWKH:LVHWKH$ZDUH>+XG@
>7UDQVODWRU·VQRWHVHHIRRWQRWHQXPEHU@
>7UDQVODWRU·VQRWH7KLVLVJHQHUDOHQFRPSDVVLQJDOOYLUWXRXVQHVVPRUDOVDQG
K\JLHQH WKDW ZH ILQG LQ WKH VXEOLPH H[DPSOH RI RXU EHORYHG PHVVHQJHU
0XKDPPHG $OODK·V SUDLVH DQG SHDFH EH XSRQ KLP KLV IDPLO\ DQG IROORZHUV
6RLWLVPRUHWKDQMXVWWKHH[DPSOHVPHQWLRQHGE\WKHKRQRUDEOHVKD\NK@
,VODP7KH3HUIHFWO\&RPSOHWH5HOLJLRQ
$QGWKHQ
0D\WKH%OHVVLQJVRI$OODK<EHXSRQRXU%HORYHG3URSKHW
0RKDPPDGKLVIDPLO\DQGDOOKLVFRPSDQLRQV
$OO3UDLVHDQG*UDWLWXGHLVWR$OODK<DORQHWKH/25'RIDOO
FUHDWLRQ