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8/14/2019 Thomas C. Baxter's Prepared Remarks for A.I.G. Hearing
http://slidepdf.com/reader/full/thomas-c-baxters-prepared-remarks-for-aig-hearing 1/21
Fknb~jifm ve}`a28<88 b%k% FM]Lbevb~p >:! >828
_}b}fkfe} np
]dikbs O% Nbt}f~! L~%
Ftfov}`wf W`of X~fs`mfe} bem Jfef~ba Oivesfa! Gfmf~ba ^fsf~wf Nbec ig Efz Pi~c
nfgi~f }df
Oikk`}}ff ie Jiwf~ekfe} Iwf~s`jd} bem ^fgi~k
Ve`}fm _}b}fs Divsf ig ^fx~fsfe}b}`wfs
~fjb~m`ej
Gbo}i~s Bggfo}`ej Fggi~}s }i A`k`} Xbpkfe}s }i B@J Oive}f~xb~}`fs
Lbevb~p >:! >828
8/14/2019 Thomas C. Baxter's Prepared Remarks for A.I.G. Hearing
http://slidepdf.com/reader/full/thomas-c-baxters-prepared-remarks-for-aig-hearing 2/21
2
Jiim ki~e`ej! Odb`~kbe ]izes! ^bec`ej Kfknf~ @ssb! bem i}df~ kfknf~s ig
}df Oikk`}}ff% ]dbec piv gi~ `ew`}`ej kf }i }fs}`gp }imbp% Bs }df Jfef~ba Oivesfa ig
}df Gfmf~ba ^fsf~wf Nbec ig Efz Pi~c! @ zfaoikf }df ixxi~}ve`}p }i }bac bniv} }df
Gfmf~ba ^fsf~wf‐s zi~c }i s}bn`a`|f B@J! bem ki~f sxfo`g`obaap }df Gfmf~ba ^fsf~wf‐s
~fs}~vo}v~`ej ig of~}b`e x~inafkb}`o B@J oie}~bo}s `e Eiwfknf~ ig >884! b} b o~`}`oba
xi`e} `e zdb} `s bx}ap odb~bo}f~`|fm bs }df zi~s} g`ebeo`ba o~`s`s s`eof }df J~fb}
Mfx~fss`ie% @ z`aa basi sxfbc bniv} }df ~iaf xabpfm np }df Gfmf~ba fsf~wf Nbec ig Efz
Pi~c $}df ‑Efz Pi~c Gfm‛) `e sfov~`}`fs m`soaisv~fs kbmf np B@J iwf~ }df giaaiz`ej
kie}ds% ]df bo}`ies ig }df Efz Pi~c Gfm bem }df Nib~m ig Jiwf~ei~s ig }df Gfmf~ba^fsf~wf _ps}fk $}df ‑Nib~m ig Jiwf~ei~s‛) `e s}bn`a`|`ej B@J zf~f vemf~}bcfe }i bwi`m
}df xi}fe}`baap ob}bs}~ixd`o oiesfrvfeofs }db} zivam dbwf ~fsva}fm g~ik be B@J
nbec~vx}op%
_}bn`a`|`ej B@J
@% Nbocj~ivem
Bs `s eiz zfaa ceize! B@J‐s a`rv`m`}p o~`s`s fkf~jfm b} efb~ap }df sbkf }`kf }db}
}df sfov~`}`fs g`~k Afdkbe N~i}df~s oiaabxsfm! ief zffc bg}f~ }df J_Fs Gbee`f Kbf bem
G~fmm`f Kbo zf~f xabofm `e oiesf~wb}i~sd`x! bem bk`ms} ieji`ej bov}f s}~fss `e V%_% bem
jainba g`ebeo`ba kb~cf}s% @} zbs bjb`es} }d`s nbocm~ix! bem `e ~foije`}`ie ig }df g`ebeo`ba
s}bn`a`}p }d~fb} xisfm np }df bn~vx} bem m`si~mf~ap gb`av~f ig be fwfe ab~jf~ bem ki~f
oikxaft g`~k }dbe }df ief }db} dbm gb`afm b mbp fb~a`f~! }db} }df Nib~m ig Jiwf~ei~s! z`}d
}df gvaa svxxi~} ig }df ]~fbsv~p Mfxb~}kfe}! mfo`mfm }i `e}f~wfef }i x~fwfe} }df
nbec~vx}op ig B@J ie _fx}fknf~ 27! >884%
8/14/2019 Thomas C. Baxter's Prepared Remarks for A.I.G. Hearing
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B@J zbs b -2 }~`aa`ie oikxbep zdfe `} baf~}fm }df ]~fbsv~p bem }df Gfmf~ba
^fsf~wf }db} `} zbs feoive}f~`ej sfwf~f a`rv`m`}p x~inafks% @} ~fkb`es ief ig }df ab~jfs}
`esv~beof bem g`ebeo`ba sf~w`ofs oikxbe`fs `e }df zi~am% B@J oiemvo}s `esv~beof bem
g`ebeof ixf~b}`ies `e ki~f }dbe 2=8 oive}~`fs bem dbs ki~f }dbe :7 k`aa`ie `em`w`mvba
bem oi~xi~b}f ovs}ikf~s jainbaap% @e }df Ve`}fm _}b}fs! B@J dbs bxx~it`kb}fap ?8
k`aa`ie ovs}ikf~s! `eoavm`ej oikkf~o`ba! `es}`}v}`ieba bem `em`w`mvba ovs}ikf~s% @} `s
basi b kbli~ x~iw`mf~ ig x~i}fo}`ie }i kve`o`xba`}`fs! xfes`ie gvems! bem i}df~ xvna`o bem
x~`wb}f fe}`}`fs }d~ivjd jvb~be}ffm `ewfs}kfe} oie}~bo}s bem x~imvo}s }db} x~i}fo}
xb~}`o`xbe}s `e =82$c) ~f}`~fkfe} xabes%@e }f~ks ig ef} x~fk`vks vemf~z~`}}fe! B@J `s ni}d }df ab~jfs} a`gf bem dfba}d
`esv~f~! bem }df sfoiem ab~jfs} x~ixf~}p bem obsvba}p `esv~f~ e }df Ve`}fm _}b}fs% @} dbs
z~`}}fe ki~f }dbe 42 k`aa`ie a`gf `esv~beof xia`o`fs zi~amz`mf! z`}d b gbof wbavf ig -2%0
}~`aa`ie% ]df oikxbep `esv~fs bxx~it`kb}fap 248!888 skbaa nvs efssfs! eie+x~ig`}
i~jbe`|b}`ies! bem i}df~ oi~xi~b}f fe}`}`fs% Fs}`kb}fs b~f }db} oaisf }i ief+}d`~m ig }df
Ve`}fm _}b}fs xixvab}`ie! i~ 287 k`aa`ie xfixaf! b~f fkxaipfm np fe}`}`fs }db} b~f
x~i}fo}fm np `esv~beof oiwf~bjf `ssvfm np B@J% B@J `s }df ab~jfs} `ssvf~ ig g`tfm
beev`}`fs `e }df Ve`}fm _}b}fs% @} `s basi ief ig }df ab~jfs} x~iw`mf~s ig ~f}`~fkfe} sf~w`ofs
}i eie+x~ig`} dfba}dob~f j~ivxs! sodiias bem ve`wf~s`}`fs% Ki~f }dbe s`t k`aa ie xfixaf
diam ~f}`~fkfe} xabes i~ booive}s z`}d B@J%
B@J dbm basi nffe b kbli~ xb~}`o`xbe} `e mf~`wb}`wfs kb~cf}s }d~ivjd `}s G`ebeo`ba
X~imvo}s nvs`efss ve`} $‑B@J GX‛)! be ve~fjvab}fm svns`m`b~p% B@J GX dbm fejbjfm `e
g`ebeo`ba }~besbo}`ies z`}d b n~ibm ~bejf ig ovs}ikf~s! zd`od `eoavmf kbep kbli~
8/14/2019 Thomas C. Baxter's Prepared Remarks for A.I.G. Hearing
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eb}`ieba bem `e}f~eb}`ieba g`ebeo`ba `es}`}v}`ies! bs zfaa bs V%_% xfes`ie xabes! s}bnaf
wbavf gvems! bem kve`o`xba`}`fs%
Be B@J nbec~vx}op vemf~ }df foieik`o oiem`}`ies ft`s}`ej `e }df gbaa ig >884
zivam dbwf dbm ob}bs}~ixd`o oiesfrvfeofs gi~ iv~ g`ebeo`ba sps}fk bem iv~ foieikp%
Kiefp kb~cf} kv}vba gvems }i zd`od si kbep Bkf~`obes fe}~vs} }df`~ sbw`ejs zf~f
kbli~ diamf~s ig }df ~ivjdap ->8 n`aa`ie ig oikkf~o`ba xbxf~ `ssvfm np B@J% Aissfs }i
}dfsf gvems zivam dbwf dbm xi}fe}`baap mfwbs}b}`ej fggfo}s ie oieg`mfeof bem zivam dbwf
boofaf~b}fm }df ~ve ie g`ebeo`ba `es}`}v}`ies ig baa c`ems% Np zbp ig oikxb~`sie! kiefp
kb~cf} kv}vba gvems bem i}df~ `ewfs}i~s dfam bxx~it`kb}fap -6 n`aa`ie ig oikkf~o`baxbxf~ `ssvfm np Afdkbe N~i}df~s% Afdkbe‐s oiaabxsf }~`jjf~fm b ~ve ie kiefp kb~cf}
gvems bg}f~ }df ^fsf~wf X~`kb~p Gvem ‑n~icf }df nvoc‛ mvf }i aissfs ie Afdkbe
oikkf~o`ba xbxf~%
Jainba oikkf~o`ba nbecs bem `ewfs}kfe} nbecs zivam dbwf svggf~fm aissfs ie
aibes bem a`efs ig o~fm`} }i B@J bem ie mf~`wb}`wfs oie}~bo}s bem i}df~ }~besbo}`ies z`}d
B@J GX% ]d`s oivam dbwf afm }i }df iv}~`jd} oiaabxsf ig }df g`ebeo`ba sps}fk% B} b
k`e`kvk! `} zivam dbwf obvsfm fwfe j~fb}f~ oies}~b`e}s ie }df bwb`abn`a`}p ig o~fm`} }i
dikfizef~s bem nvs`efssfs%
@e }df fwfe} ig be B@J gb`av~f! kbep ig B@J‐s `esv~beof svns`m`b~`fs a`cfap zivam
dbwf nffe sf`|fm np }df`~ s}b}f bem gi~f`je ~fjvab}i~s! afbw`ej V%_% xia`opdiamf~s gbo`ej
oies`mf~bnaf veof~}b`e}p bniv} }df`~ ~`jd}s bem oab`ks% _}b}f bem aioba jiwf~ekfe}
fe}`}`fs }db} dbm afe} `e ftofss ig -28 n`aa`ie }i B@J zivam dbwf nffe ftxisfm }i aissfs `e
be ba~fbmp m`gg`ova} bem mf}f~`i~b}`ej kve`o`xba nvmjf} few`~iekfe}%
8/14/2019 Thomas C. Baxter's Prepared Remarks for A.I.G. Hearing
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B@J basi dbm bxx~it`kb}fap -?4 n`aa`ie ig zdb} b~f obaafm s}bnaf wbavf z~bx
oie}~bo}s% ]dfsf oie}~bo}s baaiz }~vs}ffs bem `ewfs}kfe} kbebjf~s ig mfg`efm
oie}~`nv}`ie xabes }i kbebjf }df bssf}+a`bn`a`}p k`skb}od b~`s`ej g~ik z`}dm~bzbas%
Zi~cf~s zdisf =82$c) xabes dbm xv~odbsfm }dfsf oie}~bo}s g~ik B@J }i `esv~f bjb`es}
}df ~`sc }db} }df`~ s}bnaf wbavf gvems zivam mfoa`ef `e wbavf oivam dbwf sffe }db}
`esv~beof m`sbxxfb~ `e }df fwfe} ig be B@J nbec~vx}op% Xfes`ie xabes zivam dbwf nffe
gi~ofm }i z~`}f mize }df`~ bssf}s g~ik niic }i kb~cf} wbavf! ~fsva}`ej `e s`je`g`obe}
aissfs `e xb~}`o`xbe}s‐ xi~}gia`is%
Va}`kb}fap! B@J! }df zi~am‐s ab~jfs} `esv~beof oikxbep! ~fof`wfm ft}~bi~m`eb~pbss`s}beof nfobvsf ig }df `kxbo} }s gb`av~f zivam dbwf dbm baa bo~iss Bkf~`ob% Bs
Gfmf~ba ^fsf~wf W`of Odb`~kbe Miebam Cide dbs }fs}`g`fm! ‑nfobvsf ig }df mfxfemfeof
ig kimf~e foieik`fs ie }df gaiz ig o~fm`}! sf~`ivs g`ebeo`ba `es}bn`a`}p `kxisfs
m`sx~ixi~}`ieb}fap ab~jf ois}s ie }df n~ibmf~ foieikp% ]df ~b}`iebaf gi~ xvna`o
`ewfs}kfe} `e }df g`ebeo`ba `emvs}~p `s ei}! }df~fgi~f! bep sxfo`ba ~fjb~m gi~ kbebjf~s!
zi~cf~s! i~ `ewfs}i~s `e }db} `emvs}~p iwf~ i}df~s! nv} ~b}df~ }df effm }i x~fwfe} b gv~}df~
mf}f~`i~b}`ie `e g`ebeo`ba oiem`}`ies }db} zivam mfs}~ip lins bem `eoikfs `e baa `emvs}~`fs
bem ~fj`ies%‛
@@% B@J O~fm`} Gbo`a`}`fs
Ie _fx}fknf~ 27! >884 }df Nib~m ig Jiwf~ei~s bv}di~`|fm }df Efz Pi~c Gfm }i
afem vx }i -46 n`aa`ie }i B@J }d~ivjd b sfov~fm ~fwiaw`ej o~fm`} gbo`a`}p $‑Gfm Gbo`a`}p‛)%
]df Gfm Gbo`a`}p zbs $bem ~fkb`es) sfov~fm np b xafmjf ig b svns}be}`ba xi~}`ie ig B@J‐s
bssf}s! `eoavm`ej izef~sd`x `e}f~fs}s `e }df oikxbep‐s mikfs}`o bem gi~f`je `esv~beof
svns`m`b~`fs% Bs bmm`}`ieba oikxfesb}`ie gi~ }d`s Gbo`a`}p! B@J `ssvfm! }i b }~vs} gi~ }df
8/14/2019 Thomas C. Baxter's Prepared Remarks for A.I.G. Hearing
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nfefg`} ig }df ]~fbsv~p! x~fgf~~fm s}ioc oiewf~}`naf `e}i bxx~it`kb}fap :4 xf~ofe} ig
B@J‐s iv}s}bem`ej oikkie s}ioc%
]df xia`op mfo`s`ie }i bv}di~`|f b aibe }i B@J zbs b m`gg`ova} ief! nfobvsf
bmm~fss`ej }df sps}fk`o o~`s`s gbo`ej }df Ve`}fm _}b}fs ~frv`~fm }df Gfmf~ba ^fsf~wf }i
bss`s} b x~`wb}f oikxbep b} }df ofe}f~ ig }df ~`scs }db} afm }i }df o~`s`s% Eief}dfafss! }df
xi}fe}`baap gb~+~fbod`ej oiesfrvfeofs ig be B@J nbec~vx}op oikxfaafm xia`opkbcf~s }i
}bcf bgg`~kb}`wf bo}`ie% ]df gb`av~f ig B@J e }df gbaa ig >884 zivam dbwf `kxisfm
s`je`g`obe} g`ebeo`ba aissfs ie kbep `em`w`mvbas! divsfdiams bem nvs`efssfs! sdb}}f~fm
oieg`mfeof `e ba~fbmp g~bj`af g`ebeo`ba kb~cf}s! bem j~fb}ap `eo~fbsfm gfb~ bem veof~}b`e}pbniv} }df w`bn`a`}p ig iv~ g`ebeo`ba `es}`}v}`ies% Abs} kie}d! Odb`~kbe Nf~ebecf
insf~wfm }db} }df Gfmf~ba ^fsf~wf m`m ei} afem svxxi~} }i B@J gi~ }df Gfm‐s ize nfefg`}!
‑nfobvsf `} inw`ivsap dbs dv~} }df Gfmf~ba ^fsf~wf `e }df xvna`o‐s w`fz% Zf m`m `}
nfobvsf zf gfa} }db} }df~f zbs ei i}df~ zbp }i bwi`m zdb} Skbep[ dbwf obaafm }df ~`sc ig
b ob}bs}~ixd`o oiaabxsf ig }df g`ebeo`ba sps}fk%‛
]df `e`}`ba fkf~jfeop -46 n`aa`ie Gfm Gbo`a`}p zbs svoofssgva `e s}bn`a`|`ej B@J
`e }df sdi~} }f~k! nv} }df oikxbep‐s g`ebeo`ba oiem`}`ie bem obx`}ba s}~vo}v~f ~fkb`efm
wvaef~bnaf }i gv~}df~ mf}f~`i~b}`ie `e kb~cf} oiem`}`ies% B@J‐s x~fss ej a`rv`m`}p effms
zf~f ~fsva}`ej `e ~bx`m bem s`|fbnaf m~bzs ie }df Gfm Gbo`a`}p! x~ikx}`ej oieof~e }db}
B@J‐s effms k`jd} zfaa ftoffm }df gbo`a`}p‐s obxbo`}p% ]df x~isxfo} ig gv~}df~
mizej~bmfs ig B@J‐s o~fm`} ~b}`ej np ~b}`ej bjfeo`fs `e}fes`g`fm }df a`rv`m`}p oieof~es
B@J gbofm! nfobvsf svod mizej~bmfs zivam dbwf `kkfm`b}fap }~`jjf~fm n`aa`ies ig
miaab~s ig bmm`}`ieba a rv`m`}p mfkbems ~fab}fm }i B@J GX‐s nvs`efss% Bnsfe} gv~}df~
jiwf~ekfe} bo}`ie! b ~b}`ejs mizej~bmf zbs baa nv} `efw`}bnaf%
8/14/2019 Thomas C. Baxter's Prepared Remarks for A.I.G. Hearing
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@e fb~ap Io}inf~ ig >884! }df Nib~m ig Jiwf~ei~s bxx~iwfm be bmm`}`ieba sfov~fm
o~fm`} gbo`a`}p }db} xf~k`}}fm }df Efz Pi~c Gfm }i afem B@J vx }i -?:%4 n`aa`ie `e i~mf~ }i
bmm~fss a`rv`m`}p effms ~fab}fm }i }df sfov~`}`fs afem`ej x~ij~bk ig of~}b`e B@J mikfs}`o
`esv~beof svns`m`b~`fs% Bmm`}`iebaap! }izb~m }df fem ig Io}inf~ >884! giv~ B@J bgg`a`b}fs
nfjbe xb~}`o`xb}`ej `e }df Gfmf~ba ^fsf~wf‐s Oikkf~o`ba Xbxf~ Gvem`ej Gbo`a`}p
$‑OXGG‛) ie }df sbkf }f~ks bem oiem`}`ies bs i}df~ xb~}`o`xbe}s%
Ei}z`}ds}bem`ej B@J‐s boofss }i }dfsf bmm`}`ieba Gfmf~ba ^fsf~wf o~fm`} gbo`a`}`fs!
B@J oie}`evfm }i gbof sf~`ivs a`rv`m`}p x~fssv~fs% _ikf ig }dfsf x~fssv~fs b~isf iv} ig
B@J‐s aissfs ie ~fs`mfe}`ba ki~}jbjf nbocfm sfov~`}`fs $‑^KN_‛) `} dbm `ewfs}fm `e bsxb~} ig `}s sfov~`}`fs afem`ej x~ij~bk% @e Eiwfknf~ >884! }df Nib~m ig Jiwf~ei~s
bv}di~`|fm }df Efz Pi~c Gfm }i }bcf b sfoiem s}fx }i baafw`b}f }dfsf x~fssv~fs np gvem`ej
Kb`mfe Abef @@! zd`od xv~odbsfm ^KN_ b} kb~cf} wbavf bem baaizfm B@J }i vez`em `}s
sfov~`}`fs afem`ej }~besbo}`ies% Z`}d }d`s }~besbo}`ie! }df i~`j`eba -?:%4 n`aa`ie gbo`a`}p }i
gvem B@J‐s ~fxbpkfe} ig `}s sfov~`}`fs afem`ej }~besbo}`ies zbs gvaap ~fxb`m bem
}f~k`eb}fm%
B svns}be}`ba bmm`}`ieba obvsf ig B@J‐s a`rv`m`}p x~fssv~f zbs `}s ftxisv~f }i
o~fm`} mfgbva} szbxs! i~ OM_s! ief ig kbep mf~`wb}`wf x~imvo}s B@J GX iggf~fm% B OM_
`s fssfe}`baap be ve~fjvab}fm `esv~beof xia`op }db} x~i}fo}s }df diamf~ ig b sfov~`}p g~ik
mfgbva}% B@J GX! }df OM_ sfaaf~! bj~ffm }i x~i}fo} `}s oive}f~xb~} fs! }df OM_ nvpf~s!
g~ik aissfs `eov~~fm ie of~}b`e sfov~`}`fs izefm np }df oive}f~xb~}`fs% @e ~f}v~e! }df
oive}f~xb~}`fs xb`m B@J GX xf~`im`o x~fk`vks%
Vemf~ }df }f~ks ig }dfsf xb~}`ovab~ OM_ oie}~bo}s! oive}f~xb~}`fs dbm }df ~`jd} }i
~frv`~f B@J GX }i xis} obsd oiaab}f~ba bs b ~fsva} ig bmwf~sf fwfe}s ~fab}`ej f`}df~ }i }df
8/14/2019 Thomas C. Baxter's Prepared Remarks for A.I.G. Hearing
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vemf~ap`ej sfov~`}`fs! zd`od `e }d`s obsf zf~f kva}`+sfo}i~ oiaab}f~ba`|fm mfn} ina`jb}`ies
$‑OMIs‛)! i~ }i B@J‐s o~fm`} oiem`}`ie! svod bs b ~b}`ejs mizej~bmf% ]df xis}fm
oiaab}f~ba sfov~fm fbod oive}f~xb~}p `e }df fwfe} B@J GX zbs ei} bnaf }i xf~gi~k ie }df
oie}~bo} bs oie}fkxab}fm% B@J GX‐s xf~gi~kbeof ie }dfsf oie}~bo}s zbs basi jvb~be}ffm
np `}s xb~fe}! B@J! kbc`ej `} `kxiss`naf }i `siab}f B@J GX‐s x~inafks g~ik B@J i~ `}s
`esv~beof svns`m`b~`fs% Bs B@J‐s g`ebeo`ba oiem`}`ie mf}f~`i~b}fm `e >884! bem bs }df
OMIs mfoa`efm `e wbavf bs }df eb}`ie gfaa mffxf~ `e}i o~`s`s! B@J GX zbs gi~ofm }i xis}
ki~f bem ki~f oiaab}f~ba }i }df oive}f~xb~}`fs! b obsd iv}gaiz }db} `e }v~e obvsfm B@J‐s
a`rv`m`}p bem o~fm`} oiem`}`ie }i mf}f~`i~b}f gv~}df~% @} zbs b w`o`ivs opoaf%Bs ftxab`efm `e }df ~fxi~} np }df Igg`of ig }df _xfo`ba @esxfo}i~ Jfef~ba gi~ }df
]~ivnafm Bssf} ^fa`fg X~ij~bk! i~ _@J]B^X! fe}`}afm ‑Gbo}i~s Bggfo}`ej Fggi~}s }i
A`k`} Xbpkfe}s }i B@J Oive}f~xb~}`fs‛ $_@J]B^X+28+88?)! }df Gfmf~ba ^fsf~wf
oies`mf~fm b evknf~ ig ix}`ies `e be fggi~} }i bmm~fss }df a`rv`m`}p m~b`e o~fb}fm np
B@J‐s OM_ ftxisv~f% Ief o~`}`oba oies}~b`e} bxxa`fm }i bep ix}`ie odisfe< `} dbm }i nf
b~~bejfm np }df fb~e`ejs beeiveofkfe} ie Eiwfknf~ 28}d! zdfe B@J zbs gbo`ej be
`kk`efe} o~fm`} ~b}`ejs mizej~bmf `e oieefo}`ie z`}d `}s beeiveofkfe} ig b ->6 n`aa`ie
aiss gi~ }df }d`~m rvb~}f~%
]df g`~s} x~ixisfm ix}`ie zivam dbwf baaizfm }df oive}f~xb~}`fs }i cffx }df`~
kva}`+sfo}i~ OMIs bem }df x~i}fo}`ie x~iw`mfm np }df o~fm`} mfgbva} szbxs% ]df
oive}f~xb~}`fs zivam dbwf bj~ffm }i gi~fji bmm`}`ieba oiaab}f~ba obaas `e ftodbejf gi~ b
Efz Pi~c Gfm jvb~be}ff ig B@J‐s xf~gi~kbeof vemf~ }df o~fm`} mfgbva} szbxs% Vemf~
}d`s x~ixisba! }df Efz Pi~c Gfm zivam ei} ize }df vemf~ap`ej OMIs! nv} }df Efz Pi~c
Gfm ‟ }d~ivjd }df jvb~be}ff ‟ zivam fa`k`eb}f }df mizes`mf ~`sc }i }df oive}f~xb~}`fs ig
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b gv~}df~ mfoa`ef `e }df OMIs‐ kb~cf} wbavf% Ei} ieap m`m }d`s s}~vo}v~f dbwf
vebxxfba`ej foieik`os ‟ }btxbpf~ gvems zivam dbwf nffe ftxisfm }i }df mizes`mf ~`sc
z`}d ei ixxi~}ve`}p }i xb~}`o`xb}f `e }df vxs`mf ‟ `} basi zbs ei} w`bnaf nfobvsf }df
Gfmf~ba ^fsf~wf abocfm afjba bv}di~`}p }i `ssvf }df x~ixisfm jvb~be}ff vemf~ }d`s
s}~vo}v~f%
]df sfoiem x~ixisfm ix}`ie zivam dbwf `ewiawfm xf~svbm`ej B@J‐s
oive}f~xb~}`fs }i }bcf nboc sikf ig }df ~`sc ~fab}`ej }i }df OMIs g~ik B@J np obeofa`ej
}df`~ o~fm`} mfgbva} szbxs bem sfaa`ej }df vemf~ap`ej OMIs }i be _XW% ]df _XW zivam
nf gvemfm np }df oive}f~xb~}`fs! }df Efz Pi~c Gfm! bem B@J! z`}d }df oive}f~xb~}`fs‐`e}f~fs}s svni~m`eb}fm }i }disf ig }df Efz Pi~c Gfm% ]df Efz Pi~c Gfm zbs oieof~efm
}db} }df oive}f~xb~}`fs zivam ei} nf ki}`wb}fm }i obeofa }df szbxs `g }dfp zf~f afg} z`}d
ve+dfmjfm OMI ~`sc bssio`b}fm z`}d }df`~ xb~} ig }df g`ebeo`ej% ]d`s ix}`ie zbs basi
mffkfm `kx~bo}`oba nfobvsf }df oikxaft efji}`b}`ies ~frv`~fm gi~ fbod oive}f~xb~}p
oivam ei} nf oikxaf}fm rv`ocap feivjd }i sb}`sgp B@J‐s a`rv`m`}p effms! `%f%! nfgi~f
Eiwfknf~ 28}d%
]df }d`~m ix}`ie nfobkf Kb`mfe Abef @@@%
@@@% Kb`mfe Abef @@@
@e }df kie}ds afbm`ej vx }i fb~ap Eiwfknf~ >884! B@J dbm nffe bo}`wfap
fejbjfm `e fggi~}s }i efji}`b}f }fb~+vxs ig `}s OM_ oie}~bo}s z`}d `}s oive}f~xb~}`fs% B@J
zbs oikxaf}fap vesvoofssgva% ]df effm gi~ }df }fb~+vxs zbs ~fba3 B@J zbs fggfo}`wfap
dfki~~dbj`ej obsd% ]d~ivjdiv} Io}inf~! zd`af }df Efz Pi~c Gfm zi~cfm }i `mfe}`gp
wb~`ivs ~fs}~vo}v~`ej ix}`ies! B@J oie}`evfm }i efji}`b}f z`}d `}s oive}f~xb~}`fs% ]df
Efz Pi~c Gfm va}`kb}fap bj~ffm }i xb~}`o`xb}f `e }dfsf oive}f~xb~}p efji}`b}`ies!
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ft}~fkfap k`emgva ig }df ft`jfeop ig in}b`e`ej g`eba bj~ffkfe} z`}d b} afbs} }df f`jd}
ab~jfs} oive}f~xb~}`fs np Kiembp! Eiwfknf~ 28}d! zdfe fb~e`ejs zf~f }i nf ~fafbsfm np
B@J%
]df fb~e`ejs ~fafbsf zivam sdiz b }d`~m rvb~}f~ aiss ig bxx~it`kb}fap ->6
n`aa`ie% ]df ~b}`ejs bjfeo`fs dbm bmw`sfm B@J }db}! bnsfe} b xb~baafa beeiveofkfe} ig
siav}`ies }i `}s a`rv`m`}p x~inafks! b ~b}`ejs mizej~bmf zbs of~}b`e giaaiz`ej }df
fb~e`ejs beeiveofkfe}% Z`}d }db} gv~}df~ mizej~bmf! bmm`}`ieba oiaab}f~ba obaas! bem
xiss`nap }f~k`eb}`ies! zivam nf }~`jjf~fm% Bs ig Eiwfknf~ 7! >884! B@J dbm m~bze
mize bxx~it`kb}fap -72 n`aa`ie ig }df -46 n`aa`ie Gfm Gbo`a`}p! afbw`ej ->= n`aa`ie ig a`rv`m`}p gi~ ixf~b}`ies bem gv~}df~ oiaab}f~ba obaas% Oie}`ev`ej }i ni~~iz g~ik }df Gfm
Gbo`a`}p! dizfwf~! zbs ei} b siav}`ie }i B@J‐s x~inafks% G`~s}! bmm`}`ieba ni~~iz`ej
g~ik }df Gfmf~ba ^fsf~wf zivam s`je`g`obe}ap bmm }i B@J‐s iwf~baa mfn} nv~mfe! zd`od
zbs b wf~p efjb}`wf gbo}i~ e }df fpfs ig }df ~b}`ej bjfeo`fs% _foiem! `} zbs mivn}gva }db}
}df ~fkb`e`ej ->= n`aa`ie `e }df a`ef ig o~fm`} zivam oiwf~ }df be}`o`xb}fm oiaab}f~ba obaas
vemf~ }df OM_ oie}~bo}s bem B@J‐s i}df~ a`rv`m`}p effms%
@e }df a`k`}fm }`kf bwb`abnaf! bj~ffkfe} dbm }i nf in}b`efm g~ik b} afbs} }df f`jd}
ab~jfs} oive}f~xb~}`fs! zdi }ijf}df~ ~fx~fsfe}fm }df nvac ig B@J‐s OM_ ftxisv~f% B
~b}`ejs mizej~bmf ie Eiwfknf~ 28}d zivam dbwf o~fb}fm b xiss`nap gb}ba mizezb~m
sx`~ba gi~ B@J% Veafss }df Gfmf~ba ^fsf~wf zbs x~fxb~fm }i xvkx svns}be}`baap ki~f
gvems `e}i B@J np `eo~fbs`ej }df -46 n`aa`ie o~fm`} a`ef! }df ieap ix}`ie zivam dbwf nffe
}i ~fwf~sf oiv~sf bem baaiz B@J }i g`af gi~ nbec~vx}op% ]d`s bn~vx} ~fwf~sba ig oiv~sf
zivam ei} ieap dbwf }~`jjf~fm baa ig }df bmwf~sf oiesfrvfeofs gi~ }df V%_% bem jainba
foieik`fs }db} x~ikx}fm }df `e`}`ba `e}f~wfe}`ie! `} zivam basi dbwf vemf~k`efm }df
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xvna`o‐s }~vs} `e }df V%_% jiwf~ekfe}‐s oikk`}kfe} }i }df n~ibmf~ ~bejf ig ft}~bi~m`eb~p
g`ebeo`ba s}bn`a`}p e`}`b}`wfs vemf~zbp mv~`ej }db} wf~p g~bj`af xf~`im% Z`}d nbec~vx}op
ei} be ix}`ie! `} zbs efofssb~p }i g`em b siav}`ie }db} s}fkkfm }df a`rv`m`}p m~b`e b~`s`ej
g~ik }df oie}`ev`ej oiaab}f~ba obaas ie }df OM_ oie}~bo}s! s}bn`a`|fm B@J! bem x~i}fo}fm
}df }btxbpf~ `e}f~fs}s% ]df Kb`mfe Abef @@@ }~besbo}`ie zbs }db} siav}`ie%
@e }d`s oie}ft}! }df Nib~m ig Jiwf~ei~s bv}di~`|fm }df Efz Pi~c Gfm }i afem
Kb`mfe Abef @@@ vx }i -?8 n`aa`ie! bem }i sfov~f }db} aibe z`}d }df kva}`+sfo}i~ OMIs
}db} zf~f `esv~fm np }df B@J OM_ oie}~bo}s% Xv~svbe} }i }d`s bv}di~`|b}`ie! }df Efz
Pi~c Gfm afe} ->=%? n`aa`ie }i Kb`mfe Abef @@@ }db} `} vsfm! `e oikn`eb}`ie z`}d b -6n`aa`ie frv`}p `ewfs}kfe} g~ik B@J! }i xv~odbsf OMIs g~ik 27 ig B@J‐s oive}f~xb~}`fs%
B} }df }`kf! }df OMIs dbm b gb`~ kb~cf} wbavf ig bniv} ->0%7 n`aa`ie bem b xb~ wbavf ig
bxx~it`kb}fap -7> n`aa`ie% @e ftodbejf gi~ bj~ff`ej }i }f~k`eb}f B@J‐s OM_ oie}~bo}s
bem }v~e`ej iwf~ }df vemf~ap`ej OMIs }i Kb`mfe Abef @@@! }df oive}f~xb~}`fs zivam basi
nf baaizfm }i ~f}b`e bxx~it`kb}fap -?6 n`aa`ie `e oiaab}f~ba x~fw`ivsap xis}fm np B@J%
]df ~fsva} zbs }db} oive}f~xb~}`fs fssfe}`baap ~fof`wfm ‑xb~!‛ z`}d Kb`mfe Abef @@@
in}b`e`ej }df OMIs bem B@J in}b`e`ej }df }fb~+vx ig }df OM_s%
B@J‐s -6 n`aa`ie frv`}p `ewfs}kfe} `e Kb`mfe Abef @@@ zbs svni~m`eb}fm }i }df
Gfm‐s ->=%? n`aa`ie sfov~fm aibe! bem }df Gfm basi in}b`efm }zi+}d`~ms ig }df vxs`mf `e
Kb`mfe Abef @@@ ‟ sfov~`ej ni}d mizes`mf x~i}fo}`ie bem vxs`mf xb~}`o`xb}`ie gi~ }df
V%_% }btxbpf~% Ki~fiwf~! nfobvsf Kb`mfe Abef @@@ obe diam }df vemf~ap`ej OMIs }i
kb}v~`}p! `} `s ab~jfap `kkvef g~ik }~bm`ej x~`ofs bem a`rv`m`}p effms! bem `s }df~fgi~f `e
b nf}}f~ xis`}`ie }i kbt`k`|f }df wbavf ig }df OMI xi~}gia`i%
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]df Gfmf~ba ^fsf~wf ftfov}fm b }~besbo}`ie }db} `ewiawfm be bssf} xv~odbsf bem
}df }f~k`eb}`ie ig B@J‐s OM_ oie}~bo}s% Np }f~k`eb}`ej }df OM_ oie}~bo}s! }df Gfmf~ba
^fsf~wf s}ixxfm }df oiaab}f~ba obaas bem }df ~fsva}`ej a rv`m`}p m~b`e ie B@J% Np s}ixx`ej
}d`s a`rv`m`}p m~b`e! }df Gfmf~ba ^fsf~wf bwi`mfm B@J‐s mizej~bmf bem mizezb~m sx`~ba
bem }df ~fsva}`ej }d~fb} }i }df V%_% foieikp%
@W% Efji}`b}`ej Oieofss`ies g~ik B@J‐s Oive}f~xb~}`fs
]df Gfmf~ba ^fsf~wf dbs nffe o~`}`o`|fm np sikf gi~ ei} vs`ej `}s ~fjvab}i~p
xizf~ }i gi~of }df oive}f~xb~}`fs }i boofx} afss kiefp gi~ }df OMIs% ]df o~`}`os
iwf~aiic b evknf~ ig cfp gbo}i~s%G`~s}! }df~f zbs a`}}af }`kf! bem svns}be}`ba ftfov}`ie ~`sc bem b}}fembe} db~k ig
ei} jf}}`ej }df mfba mief np }df mfbma`ef ig Eiwfknf~ 28}d% Bs ei}fm bniwf! B@J dbm
b}}fkx}fm gi~ sikf }`kf }i efji}`b}f }fb~+vxs ig `}s OM_ oie}~bo}s z`}d `}s oive}f~xb~}`fs
vemf~ }f~ks ki~f gbwi~bnaf }dbe Kb`mfe Abef @@@% @} m`m ei} svooffm% Zdfe }df Gfmf~ba
^fsf~wf ~fbodfm iv} }i B@J‐s oive}f~xb~}`fs! zf nfa`fwfm! nbsfm ie B@J‐s ize
ftxf~`feof! }db} iv~ x~inbn`a`}p ig svoofss ig jf}}`ej }dfk }`kfap }i bj~ff }i oieofss`ies
zbs sa`k% Fwfe `e b nfs}+obsf sofeb~`i! zf m`m ei} ftxfo} }db} }df oive}f~xb~}`fs zivam
iggf~ bep}d`ej ki~f }dbe b kimfs} m`soive} }i xb~% @e iv~ lvmjkfe}! }bc`ej bmm`}`ieba
}`kf }i x~fss gv~}df~ gi~ b m`soive} zbs ei} lvs}`g`fm `e a`jd} ig }df iwf~zdfak`ej ~`sc bem
ob}bs}~ixd`o oiesfrvfeofs ig gb`a`ej }i oikxaf}f }df }~besbo}`ie np Eiwfknf~ 28%
]imbp! `} k`jd} nf }fkx}`ej }i svjjfs} }db} b }~besbo}`ie }db} zbs `e }df nfs} `e}f~fs}s ig
}df }btxbpf~s oivam dbwf nffe `kx~iwfm dbm }df Efz Pi~c Gfm x~fssfm db~mf~ gi~
oieofss`ies% Nv} `} `s kvod ki~f a`cfap }db} oie}`ev`ej }i xvsd }df oive}f~xb~}`fs }izb~m
oieofss`ies zivam ei} dbwf ji}}fe vs }i g`eba bj~ffkfe}s ie Eiwfknf~ 28}d% ]df
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oiesfrvfeofs }i B@J bem iv~ foieikp ig gb`a`ej }i ~fbod be bj~ffkfe} kbmf in}b`e`ej
oieofss`ies b aizf~ x~`i~`}p }dbe ftfov}`ej }df }~besbo}`ies%
_foiem! }df Gfmf~ba ^fsf~wf dbm a`}}af i~ ei nb~jb`e`ej xizf~ j`wfe }df
o`~ovks}beofs% ]d`s ~fs}~vo}v~`ej efji}`b}`ie zbs }bc`ej xabof `e Eiwfknf~ ig >884!
afss }dbe }zi kie}ds bg}f~ }df mfo`s`ie }i ~fsovf B@J g~ik `esiawfeop bem }df `egvs`ie ig
}fes ig n`aa`ies ig miaab~s% ]df Gfmf~ba ^fsf~wf dbm ba~fbmp bo}fm }i ~fsovf B@J! bem }df
oive}f~xb~}`fs gvaap ftxfo}fm }db} zf zivam s}bem np }db} mfo`s`ie! fsxfo`baap nfobvsf }df
foieik`o s`}vb}`ie dbm ji}}fe zi~sf! ei} nf}}f~% _i! }df }px`oba }d~fb} `e svod
efji}`b}`ies ‟ zf z`aa s}bem mize bem zb}od B@J g`af gi~ nbec~vx}op ‟ zivam dbwf nffebe `maf }d~fb} dbm zf kbmf `}% @e bmm`}`ie! }df oive}f~xb~}`fs zf~f vez`aa`ej }i iggf~
oieofss`ies nfobvsf }df`~ oie}~bo}vba ~`jd}s zf~f ba~fbmp zfaa+x~i}fo}fm% ]df wbavf ig
}df OMIs }dfp dfam! oikn`efm z`}d }df -?6 n`aa`ie ig oiaab}f~ba }dfp dbm x~fw`ivsap
in}b`efm g~ik B@J zbs! `e kis} obsfs! frvba }i i~ `e ftofss ig xb~ wbavf% ]dvs! `g B@J
mfgbva}fm! bem fwfe g`afm gi~ nbec~vx}op x~i}fo}`ie! }df oive}f~xb~}`fs zivam dbwf cfx}
ni}d }df oiaab}f~ba bem }df vemf~ap`ej OMIs $bem zivam dbwf nffe kbmf zdiaf `g }dfp
dbm siam }df OMIs gi~ gb`~ wbavf)%
G`ebaap! fwfe `g zf dbm dbm nb~jb`e`ej xizf~! }df ~b}`ej bjfeo`fs! bs m`sovssfm
bniwf! zf~f oaisfap ftbk`e`ej B@J gi~ s`jes }db} `} zivam ei} nf bnaf }i bmm~fss `}s
g`ebeo`ba s`}vb}`ie% @g }dfp sbz }df Gfmf~ba ^fsf~wf }bcf bep bo}`ie }db} sffkfm }i
svjjfs} b aboc ig gvaa svxxi~}! `e xb~}`ovab~ b nbec~vx}op }d~fb}! `} k`jd} zfaa dbwf afm }i
be `kkfm`b}f mizej~bmf bem }df `~~fwf~s`naf mfs}~vo}`ie ig B@J! z`}d }df b}}fembe}
oiesfrvfeofs ie }df g`ebeo`ba s}bn`a`}p ig iv~ foieikp%
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_ikf dbwf sb`m }db}! `e }df bnsfeof ig i}df~ nb~jb`e`ej xizf~! }df Gfmf~ba
^fsf~wf sdivam dbwf vsfm `}s ~fjvab}i~p xizf~ ‟ }d~fb}fe`ej be bmwf~sf vsf ig }db}
xizf~! i~ svjjfs}`ej sikf c`em ig b nfefg`} gaiz`ej g~ik `} ‟ }i kbcf ~fjvab}fm
oive}f~xb~}`fs j`wf vx i~ oikx~ik`sf }df`~ oie}~bo}vba ~`jd}s% Zf sff }db} bs be bnvsf ig
~fjvab}i~p xizf~% ]df `mfb }db} }df Gfmf~ba ^fsf~wf zivam }d~fb}fe b g`ebeo`ba `es}`}v}`ie
z`}d svxf~w`si~p bo}`ie zdfe ei j~ivems gi~ svod bo}`ie ft`s}! i~ j`wf b g`ebeo`ba
`es}`}v}`ie sxfo`ba }~fb}kfe} s`kxap }i jb`e be bmwbe}bjf `e b oikkf~o`ba }~besbo}`ie `s!
`e iv~ w`fz! be bnvsf ig iv~ bv}di~`}p% _vod oiemvo} np }df Gfmf~ba ^fsf~wf k`jd} dbwf
jfef~b}fm nb~jb`e`ej xizf~ iwf~ }df oive}f~xb~}`fs! nv} `} `s s`kxap `eoies`s}fe} z`}d }df~vaf ig abz%
@} basi zivam dbwf ~fsva}fm `e vegb`~ }~fb}kfe} ig svxf~w`sfm g`~ks% @es}`}v}`ies
~fjvab}fm np }df Gfmf~ba ^fsf~wf zivam dbwf nffe ~frv`~fm }i kbcf oieofss`ies! zd`af
}disf ei} svnlfo} }i }df Gfmf~ba ^fsf~wf‐s svxf~w`si~p bv}di~`}p zivam ei}% Bs b ~fsva}!
mikfs}`o nbec`ej i~jbe`|b}`ies ~fjvab}fm np }df Gfmf~ba ^fsf~wf zivam dbwf ~fof`wfm
afss gi~ }df`~ x~ixf~}p }dbe zivam gi~f`je nbecs% ]d`s zivam w`iab}f }df x~`eo`xaf ig
frvba`}p ig }~fb}kfe}! b gvembkfe}ba wbavf ig }df Gfmf~ba ^fsf~wf%
Np jf}}`ej }df f`jd} ab~jfs} oive}f~xb~}`fs bem B@J }i ftfov}f }f~k sdff}s np
Eiwfknf~ 28}d! bem bei}df~ f`jd} }i mi }df sbkf sdi~}ap }df~fbg}f~! }df Gfmf~ba ^fsf~wf
booikxa`sdfm `}s iwf~b~od`ej jiba ig bwi`m`ej }df gb`av~f ig B@J% Bs b svns`m`b~p
inlfo}`wf! }df }btxbpf~s dbwf b zfaa+s}~vo}v~fm wfd`oaf z`}d mizes`mf x~i}fo}`ie bem
vxs`mf xi}fe}`ba! zd`od izes b sfov~`}`fs xi~}gia`i zi~}d n`aa`ies ki~f }dbe }df aibe
nbabeof% Ki~fiwf~! `} nfb~s kfe}`ie }db} ki~f }dbe -7 n`aa`ie ig }df aibe dbs ba~fbmp
nffe ~fxb`m%
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]df s`}vb}`ie gbofm np B@J bem }df Gfmf~ba ^fsf~wf `e }df gbaa ig >884 z`}d
~fsxfo} }i }df OM_ oie}~bo}s xi`e}fmap mfkies}~b}fs }df v~jfe} effm gi~ bmix}`ie ig efz
~fsiav}`ie x~iofmv~fs gi~ sps}fk`obaap `kxi~}be} eienbec g`ebeo`ba g`~ks% Dbm svod b
}iia nffe bwb`abnaf b} }db} }`kf! `} oivam dbwf nffe vsfm }i xv} B@J `e}i oiesf~wb}i~sd`x
i~ ~fof`wf~sd`x% Ei} ieap zivam }d`s ix}`ie dbwf baaizfm B@J }i nf vezivem `e be
i~mf~ap zbp! x~i}fo}`ej xia`opdiamf~s! ovs}ikf~s! bem }btxbpf~s! nv} `} zivam dbwf
x~iw`mfm b oafb~ bem fggfo}`wf kfodbe`sk gi~ `kxis`ej bxx~ix~`b}f db`~ov}s ie o~fm`}i~s
bem oive}f~xb~}`fs%
B@J‐s _fov~`}`fs M`soaisv~fsIe Eiwfknf~ >6! >884! Kb`mfe Abef @@@ nfjbe xv~odbs`ej }df vemf~ap`ej OMIs
g~ik B@J GX‐s oive}f~xb~}`fs% Vemf~ _FO ~vafs! nfobvsf B@J dbm fe}f~fm `e}i b
‑Kb}f~`ba Mfg`e`}`wf Bj~ffkfe}!‛ `} zbs ~frv`~fm }i g`af b Gi~k 4+C z`}d }df _FO z`}d`e
giv~ nvs`efss mbps% Ie Eiwfknf~ >=}d! b abzpf~ gi~ B@J sfe} b m~bg} wf~s`ie ig }df 4+C
}i abzpf~s gi~ }df Efz Pi~c Gfm }i ~fw`fz! bsc`ej gi~ }df`~ oikkfe}s% ]d`s kbmf sfesf<
Kb`mfe Abef @@@ zbs o~fb}fm! gvemfm! bem kbli~`}p+izefm np }df Efz Pi~c Gfm! bem
B@J zbe}fm }i fesv~f }db} `}s xvna`o g`a`ejs zivam nf boov~b}f%
@} `s oikkiexabof gi~ b xvna`oap }~bmfm oikxbep }i sdb~f m~bg} sfov~`}`fs g`a`ejs
z`}d bei}df~ oikxbep zdf~f }df svnlfo} kb}}f~ `ewiawfs b kb}f~`ba }~besbo}`ie bggfo}`ej
ni}d oikxbe`fs% Ni}d }df ~fxi~}`ej oikxbep bem }df sfoiem oikxbep ‟ zdf}df~ }df
sfoiem oikxbep `s xvna`oap }~bmfm i~ ei} ‟ zbe} }i fesv~f }db} }df xvna`o g`a`ej `s
boov~b}f% Zdb} `s mfso~`nfm df~f s }df c`em ig }d`ej }db} ~iv}`efap dbxxfes `e kbli~
}~besbo}`ies%
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Ba}divjd B@J zbs oiesva}`ej ~fjvab~ap z`}d }df Efz Pi~c Gfm! `} `s `kxi~}be} }i
ei}f }db} B@J gvaap vemf~s}iim }db} `} zbs zdiaap ~fsxies`naf gi~ }df oie}fe} ig `}s _FO
g`a`ejs% @emffm! abzpf~s gi~ ni}d s`mfs zf~f wf~p bzb~f ig }df`~ ~fsxfo}`wf ~iafs%
Abzpf~s gi~ }df Efz Pi~c Gfm! ni}d b} }df Nbec bem }d~ivjd `}s iv}s`mf abz g`~k ig
Mbw`s Xiac ' Zb~mzfaa AAX! kbmf svjjfs}`ies bniv} oie}fe} bem }`k ej% B@J bem `}s
iv}s`mf oivesfa b} _vaa`wbe ' O~ikzfaa AAX bem Zf`a Ji}sdba ' Kbejfs AAX! boofx}fm
}df fm`}s }db} }dfp gfa} `kx~iwfm }df boov~bop ig }df mfso~`x}`ies ig }df }~besbo}`ies! bem
mfoa`efm }disf fm`}s }db} }dfp gfa} m`m ei}%
]df g`~s} 4+C zbs g`afm np B@J ie Mfofknf~ >! >884! bg}f~ Kb`mfe Abef @@@xv~odbsfm }df g`~s} j~ivx ig OMIs% Ie Mfofknf~ 24 bem >>! >884! Kb`mfe Abef @@@
xv~odbsfm b sfoiem j~ivx ig OMIs% Basi! be bj~ffkfe} s}~voc e Eiwfknf~ `e
oielveo}`ie z`}d }df i~`j`eba }~besbo}`ie! ceize bs }df _di~}gbaa Bj~ffkfe} nf}zffe
Kb`mfe Abef @@@ bem B@J GX! zbs bkfemfm bs ig Mfofknf~ 24}d% ]dfsf fwfe}s ~frv`~fm
}df g`a`ej ig b sfoiem 4+C ie Mfofknf~ >=! >884% Bs z`}d }df `e`}`ba xvna`o m`soaisv~f
}d~ff zffcs fb~a`f~! }df~f zf~f kbep f+kb`as bkiej baa }df abzpf~s nfgi~f }df g`a`ej ie
}df >=}d% Ieof bjb`e! }df Efz Pi~c Gfm abzpf~s dbm }zi jibas< $2) }i dfax B@J kbcf
}d`s g`a`ej boov~b}f bem oies`s}fe} z`}d }df g`~s}3 bem $>) }i x~i}fo}! zdf~f bxx~ix~`b}f! }df
svns}be}`ba }btxbpf~ gvems b} s}bcf `e Kb`mfe Abef @@@% Bem ieof bjb`e! bg}f~ ~fof`w`ej
}df Efz Pi~c Gfm‐s svjjfs}`ies! B@J! b`mfm np `}s }zi iv}s`mf abz g`~ks! kbmf }df
m`soaisv~fs }db} }dfp mffkfm }i nf afjbaap ~frv`~fm bem i}df~z`sf bxx~ix~`b}f%
Z`}d }db} gbo}vba nbocm~ix `e xabof! @ zivam eiz a`cf }i }v~e }i }df bssf~}`ies }db}
}df Efz Pi~c Gfm sikfdiz x~fssv~fm B@J `e}i ‑oiwf~`ej vx‛ xb~}s ig }df }~besbo}`ies
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`e `}s sfov~`}`fs m`soaisv~fs% ]df~f dbwf nffe giv~ sfxb~b}f baafjb}`ies! bem @ zivam a`cf
}i bmm~fss fbod ief `e }v~e%
@% M`soaisv~f ig Xb~ Wbavf Xbpkfe}s }i OM_ Oive}f~xb~}`fs
G`~s}! af} kf bmm~fss }df bssf~}`ie }db} }df Efz Pi~c Gfm x~fssv~fm B@J }i
~fkiwf b a`ef `e }df sfoiem 4+C g`afm ie Mfofknf~ >=}d s}b}`ej }db} ‑}df B@J GX
oive}f~xb~}`fs ~fof`wfm 288 xf~ofe} ig }df xb~ wbavf ig }df Kva}`+_fo}i~ OMIs siam%‛
]df Efz Pi~c Gfm nfa`fwfm }db} m`soaisv~f ig }df bo}vba b~`}dkf}`o sdiz`ej }db} }df
oive}f~xb~}`fs ~fof`wfm fssfe}`baap xb~ wbavf zbs ki~f boov~b}f bem zivam kbcf }df efz
4+C oies`s}fe} z`}d B@J‐s x~`i~ 4+C beeiveo`ej Kb`mfe Abef @@@% ]df m~bg} 4+C a`s}fm}df xb~ wbavf $-27 n`aa`ie) bs zfaa bs }df bkive} xb`m }i }df oive}f~xb~}`fs $-7%: n`aa`ie)!
bem }df bkive} ig oiaab}f~ba x~fw`ivsap xb`m }i }df oive}f~xb~}`fs }db} B@J zbs
sv~~femf~`ej $-0%> n`aa`ie)% Bmm`ej vx }df abs} }zi evknf~s $zd`od }i}ba -26%0 n`aa`ie)
sdizs }db} }df oive}f~xb~}`fs zf~f ~fof`w`ej fssfe}`baap xb~ $zd`od zbs a`s}fm bs -27
n`aa`ie)% Nfobvsf }df svk }femf~fm }i }df oive}f~xb~}`fs zbs sa`jd}ap afss }dbe xb~! }df
x~ixisfm sfe}feof bniv} `} nf`ej 288 xf~ofe} ig xb~ wbavf $bem zd`od zbs ei} `e }df x~`i~
4+C) zbs ei} oikxaf}fap boov~b}f! bem `} zbs }df~fgi~f svjjfs}fm }db} `} nf ~fkiwfm%
]d`s zbs mief }i nf boov~b}f! ei} }i oiwf~ vx }df gbo} }db} }df oive}f~xb~}`fs zf~f
fssfe}`baap ~fof`w`ej xb~% ]df Efz Pi~c Gfm abzpf~s zf~f ki}`wb}fm np oieof~e gi~
boov~bop bem x~fo`s`ie `e }df oie}fe} ig }dfsf Gi~k 4+Cs% @e gbo}! }df oafb~fs} fw`mfeof
}db} }df~f zbs ei oiwf~ vx zbs }db} `} zbs z`mfap vemf~s}iim `e }df kb~cf} bem ~fxi~}fm
`e }df x~fss b} }df }`kf }db} }df oive}f~xb~} fs zf~f ~fof`w`ej wf~p oaisf }i xb~ wbavf% Gi~
ftbkxaf! be bebaps} ~fxi~} xvna`sdfm np O~fm`} _v`ssf ie Mfofknf~ >! >884 ‟ }df sbkf
mbp bs }df `e`}`ba 4+C g`a`ej bmm~fss`ej }df g`~s} sf}}afkfe}s z`}d }df oive}f~xb~}`fs ‟
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ixfes z`}d }df giaaiz`ej sfe}feof< ‑]d`s fwfe`ej B@J }f~k`eb}fm -=7%2n ig `}s -:2%7n ig
}b~jf}fm kva}`+sfo}i~ OMI ftxisv~f! b} xb~%‛ _`k`ab~ap! b Git+X`}}+Cfa}ie ~fxi~} mb}fm
}df eft} mbp! Mfofknf~ ?! >884! oie}b`es }df giaaiz`ej s}b}fkfe}< ‑Baiej z`}d
sv~~femf~`ej ->6%0 n`aa`ie ig oiaab}f~ba }db} dbm nffe x~fw`ivsap xis}fm np B@J z`}d }df
oive}f~xb~}`fs! }df xv~odbsf ig }df -=7%2 n`aa`ie ig xb~ wbavf fssfe}`baap kbmf }df
oive}f~xb~}`fs zdiaf%‛ Ie Eiwfknf~ 2>! >884! b kie}d fb~a`f~ bem sdi~}ap bg}f~ }df
`e`}`ba beeiveofkfe} ig }df Kb`mfe Abef @@@ gbo`a`}p! be b~}`oaf `e ]df Zbaa _}~ff} Liv~eba
s}b}fm< ‑]df nbecs }db} xb~}`o`xb}f z`aa nf oikxfesb}fm gi~ }df sfov~`}`fs‐ gvaa! i~ xb~!
wbavf `e ftodbejf gi~ baaiz`ej B@J }i vez`em }df o~fm`} mfgbva} szbxs `} z~i}f%‛ IeMfofknf~ >6! >884! }df mbp bg}f~ }df sfoiem 4+C zbs g`afm! be b~}`oaf `e ]df Zbsd`ej}ie
Xis} gv~}df~ ~fxi~}fm }db}! ‑]df gvem! obaafm Kb`mfe Abef @@@! xb`m bniv} -7%: n`aa`ie }i
}df `ewfs}i~s gi~ }df sfov~`}`fs `e }df ab}fs} xv~odbsfs% ]df oive}f~xb~}`fs zf~f basi bnaf
}i cffx ki~f }dbe -0 n`aa`ie }db} B@J dbm xis}fm `e oiaab}f~ba! ~f`knv~s`ej }dfk b} gbof
wbavf gi~ }df bssf}s%‛ ]df gbo} }db} }df m`soaisv~f `eoavmfm baa ig }df bo}vba evknf~s! bem
}db} bebaps}s bem }df kfm`b vemf~s}iim }dfk `kkfm`b}fap! nfa`f bep bssf~}`ies ig b oiwf~
vx%
@@% M`soaisv~f ig ]~besbo}`ies @ewiaw`ej _pe}df}`o OMIs
]df sfoiem bssf~}`ie ~fab}fs }i }df Efz Pi~c Gfm‐s svjjfs}`ie }i mfaf}f }db}
xi~}`ie ig B@J‐s m~bg} x~fss ~fafbsf booikxbep`ej }df Mfofknf~ >=}d 4+C }db} `kxa`fm
}db} }df Efz Pi~c Gfm zivam fe}f~ `e}i bmm`}`ieba }~besbo}`ies z`}d B@J oieof~e`ej }df
}f~k`eb}`ie ig b xi~}gia`i ig OM_ ~fab}`ej }i spe}df}`o OMIs% ]d`s fm`} zbs x~ixisfm
nfobvsf }df~f zbs `e gbo} ei oikk`}kfe} b} }df }`kf gi~ f`}df~ }df Gfmf~ba ^fsf~wf i~
Kb`mfe Abef @@@ }i borv`~f }df spe}df}`o OMIs }db} nbocfm }d`s xi~}gia`i ig OM_s%
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@emffm! ef`}df~ }df Gfmf~ba ^fsf~wf ei~ Kb`mfe Abef @@@ dbs borv`~fm bep spe}df}`o
OMIs g~ik bep oive}f~xb~}p ig B@J GX% ]dvs! ~b}df~ }dbe sffc`ej }i oieofba
`egi~kb}`ie! }df Efz Pi~c Gfm oikkfe} zbs kbmf `e be fggi~} }i dfax fesv~f }df
boov~bop ig }df m`soaisv~fs si bs }i bwi`m bep svjjfs}`ie }db} }df Efz Pi~c Gfm dbm
kbmf b oikk`}kfe} }db} zbs ei} kbmf b} }df }`kf $bem e gbo} zbs efwf~ kbmf)% ]df
oikkfe} basi fesv~fm }db} }df~f zivam nf ei `eoi~~fo} ftxfo}b}`ie o~fb}fm `e }df xvna`o
kb~cf}s }db} svod bmm`}`ieba Gfmf~ba ^fsf~wf bss`s}beof }i B@J zivam nf gi~}doik`ej%
@@@% M`soaisv~f ig }df OM_ Oive}f~xb~}`fs
]d`~m! sikf dbwf svjjfs}fm }db} `e Eiwfknf~ >884! B@J dbm xabeefm }i m`soaisf}df `mfe}`}`fs ig }df OM_ oive}f~xb~}`fs bem }db} }df Efz Pi~c Gfm x~fssv~fm i~
oikxfaafm B@J ei} }i% ]d`s `s ei} }~vf% @e Mfofknf~ >884! o`~ovks}beofs zf~f wf~p
m`ggf~fe} }dbe }imbp% Kb~cf}s zf~f kvod ki~f g~bj af! bem B@J zbs oieof~efm b} }df
}`kf }db} `}s oive}f~xb~}`fs! bem xi}fe}`baap i}df~ B@J ovs}ikf~s! zivam s}ix mi`ej
nvs`efss z`}d B@J `g }dfp nfa`fwfm }db} }df jiwf~ekfe} zivam obvsf }df m`soaisv~f ig
zdb} `s i~m`eb~`ap oieg`mfe}`ba ovs}ikf~ `egi~kb}`ie! `eoavm`ej! `e sikf obsfs! ovs}ikf~
`mfe}`}`fs% @g oive}f~xb~}`fs bem ovs}ikf~s nfjbe kiw`ej bzbp g~ik B@J! }df oikxbep
gfb~fm }db} `} zivam nf svnlfo} }i b aiss ig nvs`efss bem xiss`naf bmm`}`ieba mizej~bmfs
g~ik }df ~b}`ej bjfeo`fs% ]d`s zivam dbwf dbm }df fggfo} ig db~k`ej }df }btxbpf~s‐
`ewfs}kfe} `e B@J np ~fmvo`ej }df xvna`o‐s `e}f~fs} `e mi`ej nvs`efss z`}d B@J%
Gi~ }d`s ~fbsie! }df Efz Pi~c Gfm bo}`wfap svxxi~}fm B@J‐s bxxa`ob}`ie }i }df
_FO }i dbwf }df ebkfs ig `}s oive}f~xb~}`fs ~fkb`e oieg`mfe}`ba% @e Kb~od >880! `e
~fsxiesf }i ~frvfs}s np Oiej~fss }db} }df `mfe}`}`fs ig }df OM_ oive}f~xb~}`fs nf kbmf
xvna`o! bem bg}f~ }bc`ej booive} ig `}s mfo`s`ie }i z`em mize }df B@J GX mf~`wb}`wfs
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m`soaisfm% ]i nf oafb~! `} `s ieap }d`s sfes`}`wf sfov~`}p+np+sfov~`}p `egi~kb}`ie }db} dbs
~fof`wfm oieg`mfe}`ba }~fb}kfe} bem dbs ei} nffe `eoavmfm `e B@J‐s 4+C g`a`ejs%
]df Gfmf~ba ^fsf~wf _ps}fk sdb~fs }d`s oikk`}}ff‐s jibas ig }~besxb~feop bem
booive}bn`a`}p% ]db} `s zdp }df Gfmf~ba fsf~wf x~iw`mfs zffcap xvna`o ~fxi~}s ie }df
bjj~fjb}f xf~gi~kbeof ig }df Kb`mfe Abef @@@ bssf}s ‟ `egi~kb}`ie }db} `s d`jdap ~fafwbe}
}i }btxbpf~s‐ fwbavb}`ie ig }df svoofss ig }d`s x~ij~bk! nv} }db} mifs ei} vemf~ov} }df
va}`kb}f }btxbpf~ ~foiwf~p }db} s svod be `kxi~}be} inlfo}`wf% Basi! ie b kie}dap nbs`s!
}df Gfmf~ba ^fsf~wf xvna`sdfs b }~besxb~feop ~fxi~} obaafm ‑O~fm`} bem A`rv`m`}p
X~ij~bks bem }df Nbabeof _dff}‛ }db} x~iw`mfs s}`aa ki~f `egi~kb}`ie bem bebaps`s~fjb~m`ej Kb`mfe Abef @@@ bem }df Gfmf~ba ^fsf~wf‐s i}df~ afem`ej x~ij~bks% ]d`s
~fx~fsfe}s b k`mmaf j~ivem zdf~f iv~ xf~gi~kbeof bs s}fzb~ms ig }btxbpf~ gvems obe nf
bebap|fm bem fwbavb}fm! nv} z`}div} xi}fe}`baap oikx~ik`s`ej }df }btxbpf~s‐ x~isxfo}`wf
~f}v~e ie }df`~ `ewfs}kfe}%
]dbec piv bjb`e gi~ j`w`ej kf }df ixxi~}ve`}p }i bxxfb~ nfgi~f piv }imbp% @ aiic
gi~zb~m }i beszf~`ej piv~ rvfs}`ies%