7KH&DOORIWKH:LOGE\-DFN/RQGRQ
7KH3URMHFW*XWHQEHUJ(%RRNRI7KH&DOORIWKH:LOGE\-DFN/RQGRQ
7KLVH%RRNLVIRUWKHXVHRIDQ\RQHDQ\ZKHUHDWQRFRVWDQGZLWK
DOPRVWQRUHVWULFWLRQVZKDWVRHYHU<RXPD\FRS\LWJLYHLWDZD\RU
UHXVHLWXQGHUWKHWHUPVRIWKH3URMHFW*XWHQEHUJ/LFHQVHLQFOXGHG
ZLWKWKLVH%RRNRURQOLQHDWZZZJXWHQEHUJRUJ
7LWOH7KH&DOORIWKH:LOG
$XWKRU-DFN/RQGRQ
5HOHDVH'DWH-XO\>(%RRN@
/DVW8SGDWHG'HFHPEHU
/DQJXDJH(QJOLVK
&KDUDFWHUVHWHQFRGLQJ$6&,,
67$572)7+,6352-(&7*87(1%(5*(%22.7+(&$//2)7+(:,/'
3URGXFHGE\5\DQ.LUVWLQ/LQGDDQG5LFN7UDSSDQG'DYLG:LGJHU
7+(&$//2)7+(:,/'
E\-DFN/RQGRQ
&RQWHQWV
&KDSWHU,,QWRWKH3ULPLWLYH
&KDSWHU ,, 7KH /DZ RI &OXE DQG
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
)DQJ
&KDSWHU ,,, 7KH 'RPLQDQW 3ULPRUGLDO
%HDVW
&KDSWHU ,9 :KR +DV :RQ WR
0DVWHUVKLS
&KDSWHU 9 7KH 7RLO RI 7UDFH DQG
7UDLO
&KDSWHU9,)RUWKH/RYHRID0DQ
&KDSWHU9,,7KH6RXQGLQJRIWKH&DOO
&KDSWHU,,QWRWKH3ULPLWLYH
2OGORQJLQJVQRPDGLFOHDS
&KDILQJDWFXVWRP
VFKDLQ
$JDLQIURPLWVEUXPDOVOHHS
:DNHQVWKHIHULQHVWUDLQ
%XFNGLGQRWUHDGWKHQHZVSDSHUVRUKHZRXOGKDYHNQRZQWKDWWURXEOHZDVEUHZLQJQRWDORQH
IRUKLPVHOIEXWIRUHYHU\WLGHZDWHUGRJVWURQJRIPXVFOHDQGZLWKZDUPORQJKDLUIURP3XJHW
6RXQGWR6DQ'LHJR%HFDXVHPHQJURSLQJLQWKH$UFWLFGDUNQHVVKDGIRXQGD\HOORZPHWDODQG
EHFDXVHVWHDPVKLS DQG WUDQVSRUWDWLRQ FRPSDQLHV ZHUH ERRPLQJ WKH ILQG WKRXVDQGV RI PHQ ZHUH
UXVKLQJLQWRWKH1RUWKODQG7KHVHPHQZDQWHGGRJVDQGWKHGRJVWKH\ZDQWHGZHUHKHDY\GRJV
ZLWKVWURQJPXVFOHVE\ZKLFKWRWRLODQGIXUU\FRDWVWRSURWHFWWKHPIURPWKHIURVW
%XFN OLYHG DW D ELJ KRXVH LQ WKH VXQNLVVHG 6DQWD &ODUD 9DOOH\ -XGJH 0LOOHU
V SODFH LW ZDV
FDOOHG,WVWRRGEDFNIURPWKHURDGKDOIKLGGHQDPRQJWKHWUHHVWKURXJKZKLFKJOLPSVHVFRXOGEH
FDXJKW RI WKH ZLGH FRRO YHUDQGD WKDW UDQ DURXQG LWV IRXU VLGHV 7KH KRXVH ZDV DSSURDFKHG E\
JUDYHOOHGGULYHZD\VZKLFKZRXQGDERXWWKURXJKZLGHVSUHDGLQJODZQVDQGXQGHUWKHLQWHUODFLQJ
ERXJKV RI WDOO SRSODUV $W WKH UHDU WKLQJV ZHUH RQ HYHQ D PRUH VSDFLRXV VFDOH WKDQ DW WKH IURQW
7KHUHZHUHJUHDWVWDEOHVZKHUHDGR]HQJURRPVDQGER\VKHOGIRUWKURZVRIYLQHFODGVHUYDQWV
FRWWDJHV DQ HQGOHVV DQG RUGHUO\ DUUD\ RI RXWKRXVHV ORQJ JUDSH DUERUV JUHHQ SDVWXUHV RUFKDUGV
DQGEHUU\SDWFKHV7KHQWKHUHZDVWKHSXPSLQJSODQWIRUWKHDUWHVLDQZHOODQGWKHELJFHPHQWWDQN
ZKHUH-XGJH0LOOHU
VER\VWRRNWKHLUPRUQLQJSOXQJHDQGNHSWFRROLQWKHKRWDIWHUQRRQ
$QGRYHUWKLVJUHDWGHPHVQH%XFNUXOHG+HUHKHZDVERUQDQGKHUHKHKDGOLYHGWKHIRXU\HDUV
RIKLVOLIH,WZDVWUXHWKHUHZHUHRWKHUGRJV7KHUHFRXOGQRWEXWEHRWKHUGRJVRQVRYDVWDSODFH
EXWWKH\GLGQRWFRXQW7KH\FDPHDQGZHQWUHVLGHGLQWKHSRSXORXVNHQQHOVRUOLYHGREVFXUHO\LQ
WKH UHFHVVHV RI WKH KRXVH DIWHU WKH IDVKLRQ RI 7RRWV WKH -DSDQHVH SXJ RU <VDEHO WKH 0H[LFDQ
KDLUOHVV³VWUDQJHFUHDWXUHVWKDW UDUHO\ SXW QRVH RXW RI GRRUV RU VHW IRRW WR JURXQG 2Q WKH RWKHU
KDQGWKHUHZHUHWKHIR[WHUULHUVDVFRUHRIWKHPDWOHDVWZKR\HOSHGIHDUIXOSURPLVHVDW7RRWVDQG
<VDEHOORRNLQJRXWRIWKHZLQGRZVDWWKHPDQGSURWHFWHGE\DOHJLRQRIKRXVHPDLGVDUPHGZLWK
EURRPVDQGPRSV
%XW%XFNZDVQHLWKHUKRXVHGRJQRUNHQQHOGRJ7KHZKROHUHDOPZDVKLV+HSOXQJHGLQWRWKH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
VZLPPLQJWDQNRUZHQWKXQWLQJZLWKWKH-XGJH
VVRQVKHHVFRUWHG 0ROOLH DQG$OLFHWKH -XGJH
V
GDXJKWHUV RQ ORQJ WZLOLJKW RUHDUO\ PRUQLQJ UDPEOHV RQ ZLQWU\ QLJKWV KH OD\ DW WKH -XGJH
V IHHW
EHIRUHWKHURDULQJOLEUDU\ILUHKHFDUULHGWKH-XGJH
VJUDQGVRQVRQKLVEDFNRUUROOHGWKHPLQWKH
JUDVVDQGJXDUGHGWKHLUIRRWVWHSVWKURXJKZLOGDGYHQWXUHVGRZQWRWKHIRXQWDLQLQWKHVWDEOH\DUG
DQGHYHQEH\RQGZKHUHWKHSDGGRFNVZHUHDQGWKHEHUU\SDWFKHV$PRQJWKHWHUULHUVKHVWDONHG
LPSHULRXVO\ DQG 7RRWV DQG <VDEHO KH XWWHUO\ LJQRUHG IRU KH ZDV NLQJ³NLQJ RYHU DOO FUHHSLQJ
FUDZOLQJIO\LQJWKLQJVRI-XGJH0LOOHU
VSODFHKXPDQVLQFOXGHG
+LVIDWKHU(OPRDKXJH6W%HUQDUGKDGEHHQWKH-XGJH
VLQVHSDUDEOHFRPSDQLRQDQG%XFNELG
IDLUWRIROORZLQWKHZD\RIKLVIDWKHU+HZDVQRWVRODUJH³KHZHLJKHGRQO\RQHKXQGUHGDQG
IRUW\SRXQGV³IRUKLVPRWKHU6KHSKDGEHHQD6FRWFKVKHSKHUGGRJ1HYHUWKHOHVVRQHKXQGUHG
DQGIRUW\SRXQGVWRZKLFKZDVDGGHGWKHGLJQLW\WKDWFRPHVRIJRRGOLYLQJDQGXQLYHUVDOUHVSHFW
HQDEOHGKLPWRFDUU\KLPVHOILQULJKWUR\DOIDVKLRQ'XULQJWKHIRXU\HDUVVLQFHKLVSXSS\KRRGKH
KDGOLYHGWKHOLIHRIDVDWHGDULVWRFUDWKHKDGDILQHSULGHLQKLPVHOIZDVHYHQDWULIOHHJRWLVWLFDODV
FRXQWU\JHQWOHPHQVRPHWLPHVEHFRPHEHFDXVHRIWKHLULQVXODUVLWXDWLRQ%XWKHKDGVDYHGKLPVHOI
E\ QRW EHFRPLQJ D PHUH SDPSHUHG KRXVHGRJ +XQWLQJ DQG NLQGUHG RXWGRRU GHOLJKWV KDG NHSW
GRZQWKHIDWDQGKDUGHQHGKLVPXVFOHVDQGWRKLPDVWRWKHFROGWXEELQJUDFHVWKHORYHRIZDWHU
KDGEHHQDWRQLFDQGDKHDOWKSUHVHUYHU
$QGWKLVZDVWKHPDQQHURIGRJ%XFNZDVLQWKHIDOORIZKHQWKH.ORQGLNHVWULNHGUDJJHG
PHQIURPDOOWKHZRUOGLQWRWKHIUR]HQ1RUWK%XW%XFNGLGQRWUHDGWKHQHZVSDSHUVDQGKHGLG
QRWNQRZWKDW0DQXHORQHRIWKHJDUGHQHU
VKHOSHUVZDVDQXQGHVLUDEOHDFTXDLQWDQFH0DQXHOKDG
RQHEHVHWWLQJ VLQ +H ORYHG WR SOD\ &KLQHVH ORWWHU\ $OVR LQ KLV JDPEOLQJ KH KDG RQH EHVHWWLQJ
ZHDNQHVV³IDLWK LQ D V\VWHP DQG WKLV PDGH KLV GDPQDWLRQ FHUWDLQ )RU WR SOD\ D V\VWHP UHTXLUHV
PRQH\ZKLOHWKHZDJHVRIDJDUGHQHU
VKHOSHUGRQRWODSRYHUWKHQHHGVRIDZLIHDQGQXPHURXV
SURJHQ\
7KH -XGJH ZDV DW D PHHWLQJ RI WKH 5DLVLQ *URZHUV
$VVRFLDWLRQ DQG WKH ER\V ZHUH EXV\
RUJDQL]LQJDQDWKOHWLFFOXERQWKHPHPRUDEOHQLJKWRI0DQXHO
V WUHDFKHU\ 1R RQH VDZ KLP DQG
%XFN JR RII WKURXJK WKH RUFKDUG RQ ZKDW %XFN LPDJLQHG ZDV PHUHO\ D VWUROO $QG ZLWK WKH
H[FHSWLRQRIDVROLWDU\PDQQRRQHVDZWKHPDUULYHDWWKHOLWWOHIODJVWDWLRQNQRZQDV&ROOHJH3DUN
7KLVPDQWDONHGZLWK0DQXHODQGPRQH\FKLQNHGEHWZHHQWKHP
<RX PLJKW ZUDS XS WKH JRRGV EHIRUH \RX GHOLYHU P WKH VWUDQJHU VDLG JUXIIO\ DQG 0DQXHO
GRXEOHGDSLHFHRIVWRXWURSHDURXQG%XFN
VQHFNXQGHUWKHFROODU
7ZLVWLWDQ
\RX
OOFKRNH
PSOHQWHHVDLG0DQXHODQGWKHVWUDQJHUJUXQWHGDUHDG\DIILUPDWLYH
%XFNKDGDFFHSWHGWKHURSHZLWKTXLHWGLJQLW\7REHVXUHLWZDVDQXQZRQWHGSHUIRUPDQFHEXW
KHKDGOHDUQHGWRWUXVWLQPHQKHNQHZDQGWRJLYHWKHPFUHGLWIRUDZLVGRPWKDWRXWUHDFKHGKLV
RZQ%XWZKHQWKHHQGVRIWKHURSHZHUHSODFHGLQWKHVWUDQJHU
VKDQGVKHJURZOHGPHQDFLQJO\
+HKDGPHUHO\LQWLPDWHGKLVGLVSOHDVXUHLQKLVSULGHEHOLHYLQJWKDWWRLQWLPDWH ZDV WR FRPPDQG
%XW WR KLV VXUSULVH WKH URSH WLJKWHQHG DURXQG KLV QHFN VKXWWLQJ RII KLV EUHDWK ,Q TXLFN UDJH KH
VSUDQJDWWKHPDQZKRPHWKLPKDOIZD\JUDSSOHGKLPFORVHE\WKHWKURDWDQGZLWKDGHIWWZLVW
WKUHZKLPRYHURQKLVEDFN7KHQWKHURSHWLJKWHQHGPHUFLOHVVO\ZKLOH%XFNVWUXJJOHGLQDIXU\
KLVWRQJXHOROOLQJRXWRIKLVPRXWKDQGKLVJUHDWFKHVWSDQWLQJIXWLOHO\1HYHULQDOOKLVOLIHKDGKH
EHHQVRYLOHO\WUHDWHGDQGQHYHULQDOOKLVOLIHKDGKHEHHQVRDQJU\%XWKLVVWUHQJWKHEEHG KLV
H\HVJOD]HGDQGKHNQHZQRWKLQJZKHQWKHWUDLQZDVIODJJHGDQGWKHWZRPHQWKUHZKLPLQWRWKH
EDJJDJHFDU
7KHQH[WKHNQHZKHZDVGLPO\DZDUHWKDWKLVWRQJXHZDVKXUWLQJDQGWKDWKHZDVEHLQJMROWHG
DORQJLQVRPHNLQGRIDFRQYH\DQFH7KHKRDUVHVKULHNRIDORFRPRWLYHZKLVWOLQJDFURVVLQJWROG
KLPZKHUHKHZDV+HKDGWUDYHOOHGWRRRIWHQZLWKWKH-XGJHQRWWRNQRZWKHVHQVDWLRQRIULGLQJLQ
DEDJJDJHFDU+HRSHQHGKLVH\HVDQGLQWRWKHPFDPHWKHXQEULGOHGDQJHURIDNLGQDSSHGNLQJ
7KHPDQVSUDQJIRUKLVWKURDWEXW%XFNZDVWRRTXLFNIRUKLP+LVMDZVFORVHGRQWKHKDQGQRU
GLGWKH\UHOD[WLOOKLVVHQVHVZHUHFKRNHGRXWRIKLPRQFHPRUH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
<HS KDV ILWV WKH PDQ VDLG KLGLQJ KLV PDQJOHG KDQG IURP WKH EDJJDJHPDQ ZKR KDG EHHQ
DWWUDFWHG E\ WKH VRXQGV RI VWUXJJOH ,
P WDNLQ
P XS IRU WKH ERVV WR )ULVFR $ FUDFN GRJGRFWRU
WKHUHWKLQNVWKDWKHFDQFXUH
P
&RQFHUQLQJWKDWQLJKW
VULGHWKHPDQVSRNHPRVWHORTXHQWO\IRUKLPVHOILQDOLWWOHVKHGEDFNRID
VDORRQRQWKH6DQ)UDQFLVFRZDWHUIURQW
$OO,JHWLVILIW\IRULWKHJUXPEOHGDQ
,ZRXOGQ
WGRLWRYHUIRUDWKRXVDQGFROGFDVK
+LVKDQGZDVZUDSSHGLQDEORRG\KDQGNHUFKLHIDQGWKHULJKWWURXVHUOHJZDVULSSHGIURPNQHH
WRDQNOH
+RZPXFKGLGWKHRWKHUPXJJHW"WKHVDORRQNHHSHUGHPDQGHG
$KXQGUHGZDVWKHUHSO\:RXOGQ
WWDNHDVRXOHVVVRKHOSPH
7KDW PDNHV D KXQGUHG DQG ILIW\ WKH VDORRQNHHSHU FDOFXODWHG DQG KH
V ZRUWK LW RU ,
P D
VTXDUHKHDG
7KHNLGQDSSHUXQGLGWKHEORRG\ZUDSSLQJVDQGORRNHGDWKLVODFHUDWHGKDQG,I,GRQ
WJHWWKH
K\GURSKRE\³
,W
OO EH EHFDXVH \RX ZDV ERUQ WR KDQJ ODXJKHG WKH VDORRQNHHSHU +HUH OHQG PH D KDQG
EHIRUH\RXSXOO\RXUIUHLJKWKHDGGHG
'D]HGVXIIHULQJLQWROHUDEOHSDLQIURPWKURDWDQGWRQJXHZLWKWKHOLIHKDOIWKURWWOHGRXWRIKLP
%XFNDWWHPSWHGWRIDFHKLVWRUPHQWRUV%XWKHZDVWKURZQGRZQDQGFKRNHGUHSHDWHGO\WLOOWKH\
VXFFHHGHGLQILOLQJWKHKHDY\EUDVVFROODUIURPRIIKLVQHFN7KHQWKHURSHZDVUHPRYHGDQGKH
ZDVIOXQJLQWRDFDJHOLNHFUDWH
7KHUH KH OD\ IRU WKH UHPDLQGHU RI WKH ZHDU\ QLJKW QXUVLQJ KLV ZUDWK DQG ZRXQGHG SULGH +H
FRXOG QRW XQGHUVWDQG ZKDW LW DOO PHDQW :KDW GLG WKH\ ZDQW ZLWK KLP WKHVH VWUDQJH PHQ" :K\
ZHUHWKH\NHHSLQJKLPSHQWXSLQWKLVQDUURZFUDWH"+HGLGQRWNQRZZK\EXWKHIHOWRSSUHVVHG
E\ WKH YDJXH VHQVH RI LPSHQGLQJ FDODPLW\ 6HYHUDO WLPHV GXULQJ WKH QLJKW KH VSUDQJ WR KLV IHHW
ZKHQWKHVKHGGRRUUDWWOHGRSHQH[SHFWLQJWRVHHWKH-XGJHRUWKHER\VDWOHDVW%XWHDFKWLPHLW
ZDV WKH EXOJLQJ IDFH RI WKH VDORRQNHHSHU WKDW SHHUHG LQ DW KLP E\ WKH VLFNO\ OLJKW RI D WDOORZ
FDQGOH $QG HDFK WLPH WKH MR\IXO EDUN WKDW WUHPEOHG LQ %XFN
V WKURDW ZDV WZLVWHG LQWR D VDYDJH
JURZO
%XW WKH VDORRQNHHSHU OHW KLP DORQH DQG LQ WKH PRUQLQJ IRXU PHQ HQWHUHG DQG SLFNHG XS WKH
FUDWH0RUHWRUPHQWRUV%XFNGHFLGHGIRUWKH\ZHUHHYLOORRNLQJFUHDWXUHVUDJJHGDQGXQNHPSW
DQGKHVWRUPHGDQGUDJHGDWWKHPWKURXJKWKHEDUV7KH\RQO\ODXJKHGDQGSRNHGVWLFNVDWKLP
ZKLFK KH SURPSWO\ DVVDLOHG ZLWK KLV WHHWK WLOO KH UHDOL]HG WKDW WKDW ZDV ZKDW WKH\ ZDQWHG
:KHUHXSRQKHOD\GRZQVXOOHQO\DQGDOORZHGWKHFUDWHWREHOLIWHGLQWRDZDJRQ7KHQKHDQGWKH
FUDWH LQ ZKLFK KH ZDV LPSULVRQHG EHJDQ D SDVVDJH WKURXJK PDQ\ KDQGV &OHUNV LQ WKH H[SUHVV
RIILFH WRRN FKDUJH RI KLP KH ZDV FDUWHG DERXW LQ DQRWKHU ZDJRQ D WUXFN FDUULHG KLP ZLWK DQ
DVVRUWPHQWRIER[HVDQGSDUFHOVXSRQDIHUU\VWHDPHUKHZDVWUXFNHGRIIWKHVWHDPHULQWRDJUHDW
UDLOZD\GHSRWDQGILQDOO\KHZDVGHSRVLWHGLQDQH[SUHVVFDU
)RUWZRGD\VDQGQLJKWVWKLVH[SUHVVFDUZDVGUDJJHGDORQJDWWKHWDLORIVKULHNLQJORFRPRWLYHV
DQGIRUWZRGD\VDQGQLJKWV%XFNQHLWKHUDWHQRUGUDQN,QKLVDQJHUKHKDGPHWWKHILUVWDGYDQFHV
RI WKH H[SUHVV PHVVHQJHUV ZLWK JURZOV DQG WKH\ KDG UHWDOLDWHG E\ WHDVLQJ KLP :KHQ KH IOXQJ
KLPVHOI DJDLQVW WKH EDUV TXLYHULQJ DQG IURWKLQJ WKH\ ODXJKHG DW KLP DQG WDXQWHG KLP 7KH\
JURZOHG DQG EDUNHG OLNH GHWHVWDEOH GRJV PHZHG DQG IODSSHG WKHLU DUPV DQG FURZHG ,W ZDV DOO
YHU\VLOO\KHNQHZEXWWKHUHIRUHWKHPRUHRXWUDJHWRKLVGLJQLW\DQGKLVDQJHUZD[HGDQGZD[HG
+HGLGQRWPLQGWKHKXQJHUVRPXFKEXWWKHODFNRIZDWHUFDXVHGKLPVHYHUHVXIIHULQJDQGIDQQHG
KLVZUDWKWRIHYHUSLWFK)RUWKDWPDWWHUKLJKVWUXQJDQGILQHO\VHQVLWLYHWKHLOOWUHDWPHQWKDGIOXQJ
KLPLQWRDIHYHUZKLFKZDVIHGE\WKHLQIODPPDWLRQRIKLVSDUFKHGDQGVZROOHQWKURDWDQGWRQJXH
+HZDVJODGIRURQHWKLQJWKHURSHZDVRIIKLVQHFN7KDWKDGJLYHQWKHPDQXQIDLUDGYDQWDJH
EXWQRZWKDWLWZDVRIIKHZRXOGVKRZWKHP7KH\ZRXOGQHYHUJHWDQRWKHUURSHDURXQGKLVQHFN
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
8SRQWKDWKHZDVUHVROYHG)RUWZRGD\VDQGQLJKWVKHQHLWKHUDWHQRUGUDQNDQGGXULQJWKRVHWZR
GD\VDQGQLJKWVRIWRUPHQWKHDFFXPXODWHGDIXQGRIZUDWKWKDWERGHGLOOIRUZKRHYHUILUVWIHOOIRXO
RIKLP+LVH\HVWXUQHGEORRGVKRWDQGKHZDVPHWDPRUSKRVHG LQWR D UDJLQJ ILHQG 6R FKDQJHG
ZDV KH WKDW WKH -XGJH KLPVHOI ZRXOG QRW KDYH UHFRJQL]HG KLP DQG WKH H[SUHVV PHVVHQJHUV
EUHDWKHGZLWKUHOLHIZKHQWKH\EXQGOHGKLPRIIWKHWUDLQDW6HDWWOH
)RXUPHQJLQJHUO\FDUULHGWKHFUDWHIURPWKHZDJRQLQWRDVPDOOKLJKZDOOHGEDFN\DUG$VWRXW
PDQZLWKDUHGVZHDWHUWKDWVDJJHGJHQHURXVO\DWWKHQHFNFDPHRXWDQGVLJQHGWKHERRNIRUWKH
GULYHU7KDWZDVWKHPDQ%XFNGLYLQHGWKHQH[WWRUPHQWRUDQGKHKXUOHGKLPVHOIVDYDJHO\DJDLQVW
WKHEDUV7KHPDQVPLOHGJULPO\DQGEURXJKWDKDWFKHWDQGDFOXE
<RXDLQ
WJRLQJWRWDNHKLPRXWQRZ"WKHGULYHUDVNHG
6XUHWKHPDQUHSOLHGGULYLQJWKHKDWFKHWLQWRWKHFUDWHIRUDSU\
7KHUH ZDV DQ LQVWDQWDQHRXV VFDWWHULQJ RI WKH IRXU PHQ ZKR KDG FDUULHG LW LQ DQG IURP VDIH
SHUFKHVRQWRSWKHZDOOWKH\SUHSDUHGWRZDWFKWKHSHUIRUPDQFH
%XFN UXVKHG DW WKH VSOLQWHULQJ ZRRG VLQNLQJ KLV WHHWK LQWR LW VXUJLQJ DQG ZUHVWOLQJ ZLWK LW
:KHUHYHU WKH KDWFKHW IHOO RQ WKH RXWVLGH KH ZDV WKHUH RQ WKH LQVLGH VQDUOLQJ DQG JURZOLQJ DV
IXULRXVO\DQ[LRXVWRJHWRXWDVWKHPDQLQWKHUHGVZHDWHUZDVFDOPO\LQWHQWRQJHWWLQJKLPRXW
1RZ\RXUHGH\HGGHYLOKHVDLGZKHQKHKDGPDGHDQRSHQLQJVXIILFLHQWIRUWKHSDVVDJHRI
%XFN
VERG\$WWKHVDPHWLPHKHGURSSHGWKHKDWFKHWDQGVKLIWHGWKHFOXEWRKLVULJKWKDQG
$QG%XFNZDVWUXO\DUHGH\HGGHYLODVKHGUHZKLPVHOIWRJHWKHUIRUWKHVSULQJKDLUEULVWOLQJ
PRXWK IRDPLQJ D PDG JOLWWHU LQ KLV EORRGVKRW H\HV 6WUDLJKW DW WKH PDQ KH ODXQFKHG KLV RQH
KXQGUHGDQGIRUW\SRXQGVRIIXU\VXUFKDUJHGZLWKWKHSHQWSDVVLRQRIWZRGD\VDQGQLJKWV,QPLG
DLUMXVWDVKLVMDZVZHUHDERXWWRFORVHRQWKHPDQKHUHFHLYHGDVKRFNWKDWFKHFNHGKLVERG\DQG
EURXJKWKLVWHHWKWRJHWKHUZLWKDQDJRQL]LQJFOLS+HZKLUOHGRYHUIHWFKLQJWKHJURXQGRQKLVEDFN
DQGVLGH+HKDGQHYHUEHHQVWUXFNE\DFOXELQKLVOLIHDQGGLGQRWXQGHUVWDQG:LWKDVQDUOWKDW
ZDVSDUWEDUNDQGPRUHVFUHDPKHZDVDJDLQRQKLVIHHWDQGODXQFKHGLQWRWKHDLU$QGDJDLQWKH
VKRFNFDPHDQGKHZDVEURXJKWFUXVKLQJO\WRWKHJURXQG7KLVWLPHKHZDVDZDUHWKDWLWZDVWKH
FOXEEXWKLVPDGQHVVNQHZQRFDXWLRQ$GR]HQWLPHVKHFKDUJHGDQGDVRIWHQWKHFOXEEURNHWKH
FKDUJHDQGVPDVKHGKLPGRZQ
$IWHUDSDUWLFXODUO\ILHUFHEORZKHFUDZOHGWRKLVIHHWWRRGD]HGWRUXVK +H VWDJJHUHG OLPSO\
DERXWWKHEORRGIORZLQJIURPQRVHDQGPRXWKDQGHDUVKLVEHDXWLIXOFRDWVSUD\HGDQGIOHFNHGZLWK
EORRG\VODYHU7KHQWKHPDQDGYDQFHGDQGGHOLEHUDWHO\GHDOWKLPDIULJKWIXOEORZRQWKHQRVH$OO
WKHSDLQKHKDGHQGXUHGZDVDVQRWKLQJFRPSDUHGZLWKWKHH[TXLVLWHDJRQ\RIWKLV:LWKDURDUWKDW
ZDVDOPRVWOLRQOLNHLQLWVIHURFLW\KHDJDLQKXUOHGKLPVHOIDWWKHPDQ%XWWKHPDQVKLIWLQJWKHFOXE
IURPULJKWWROHIWFRROO\FDXJKWKLPE\WKHXQGHUMDZDWWKHVDPHWLPHZUHQFKLQJGRZQZDUGDQG
EDFNZDUG %XFN GHVFULEHG D FRPSOHWH FLUFOH LQ WKH DLU DQG KDOI RI DQRWKHU WKHQ FUDVKHG WR WKH
JURXQGRQKLVKHDGDQGFKHVW
)RUWKHODVWWLPHKHUXVKHG7KHPDQVWUXFNWKHVKUHZGEORZKHKDGSXUSRVHO\ZLWKKHOGIRUVR
ORQJDQG%XFNFUXPSOHGXSDQGZHQWGRZQNQRFNHGXWWHUO\VHQVHOHVV
+H
V QR VORXFK DW GRJEUHDNLQ
WKDW
V ZRW , VD\ RQH RI WKH PHQ RQ WKH ZDOO FULHG
HQWKXVLDVWLFDOO\
'UXWKHU EUHDN FD\XVHV DQ\ GD\ DQG WZLFH RQ 6XQGD\V ZDV WKH UHSO\ RI WKH GULYHU DV KH
FOLPEHGRQWKHZDJRQDQGVWDUWHGWKHKRUVHV
%XFN
VVHQVHVFDPHEDFNWRKLPEXWQRWKLVVWUHQJWK+HOD\ZKHUHKHKDGIDOOHQDQGIURPWKHUH
KHZDWFKHGWKHPDQLQWKHUHGVZHDWHU
$QVZHUVWRWKHQDPHRI%XFN
WKHPDQVROLORTXL]HGTXRWLQJIURPWKHVDORRQNHHSHU
V OHWWHU
ZKLFKKDGDQQRXQFHGWKHFRQVLJQPHQWRIWKHFUDWHDQGFRQWHQWV:HOO%XFNP\ER\KHZHQW
RQLQDJHQLDOYRLFHZH
YHKDGRXUOLWWOHUXFWLRQDQGWKHEHVWWKLQJZHFDQGRLVWROHWLWJRDWWKDW
<RX
YHOHDUQHG\RXUSODFHDQG,NQRZPLQH%HDJRRGGRJDQGDOO
OOJRZHOODQGWKHJRRVHKDQJ
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
KLJK%HDEDGGRJDQG,
OOZKDOHWKHVWXIILQ
RXWD\RX8QGHUVWDQG"
$VKHVSRNHKHIHDUOHVVO\SDWWHGWKHKHDGKHKDGVRPHUFLOHVVO\SRXQGHGDQGWKRXJK%XFN
VKDLU
LQYROXQWDULO\ EULVWOHG DW WRXFK RI WKH KDQG KH HQGXUHG LW ZLWKRXW SURWHVW :KHQ WKH PDQ EURXJKW
KLPZDWHUKHGUDQNHDJHUO\DQGODWHUEROWHGDJHQHURXVPHDORIUDZPHDWFKXQNE\FKXQNIURP
WKHPDQ
VKDQG
+H ZDV EHDWHQ KH NQHZ WKDW EXW KH ZDV QRW EURNHQ +H VDZ RQFH IRU DOO WKDW KH VWRRG QR
FKDQFHDJDLQVWDPDQZLWKDFOXE+HKDGOHDUQHGWKHOHVVRQDQGLQDOOKLVDIWHUOLIHKHQHYHUIRUJRW
LW7KDWFOXEZDVDUHYHODWLRQ,WZDVKLVLQWURGXFWLRQWRWKHUHLJQRISULPLWLYHODZDQGKHPHWWKH
LQWURGXFWLRQ KDOIZD\ 7KH IDFWV RI OLIH WRRN RQ D ILHUFHU DVSHFW DQG ZKLOH KH IDFHG WKDW DVSHFW
XQFRZHGKHIDFHGLWZLWKDOOWKHODWHQWFXQQLQJRIKLVQDWXUHDURXVHG$VWKHGD\VZHQWE\RWKHU
GRJVFDPHLQFUDWHVDQGDWWKHHQGVRIURSHVVRPHGRFLOHO\DQGVRPHUDJLQJDQGURDULQJDVKHKDG
FRPHDQGRQHDQGDOOKHZDWFKHGWKHPSDVVXQGHUWKHGRPLQLRQRIWKHPDQLQWKHUHGVZHDWHU
$JDLQDQGDJDLQDVKHORRNHGDWHDFKEUXWDOSHUIRUPDQFHWKHOHVVRQZDVGULYHQKRPHWR%XFND
PDQZLWKDFOXEZDVDODZJLYHUDPDVWHUWREHREH\HGWKRXJKQRWQHFHVVDULO\FRQFLOLDWHG2IWKLV
ODVW%XFNZDVQHYHUJXLOW\WKRXJKKHGLGVHHEHDWHQGRJVWKDWIDZQHGXSRQWKHPDQDQGZDJJHG
WKHLUWDLOVDQGOLFNHGKLVKDQG$OVRKHVDZRQHGRJWKDWZRXOGQHLWKHUFRQFLOLDWHQRUREH\ILQDOO\
NLOOHGLQWKHVWUXJJOHIRUPDVWHU\
1RZ DQG DJDLQ PHQ FDPH VWUDQJHUV ZKR WDONHG H[FLWHGO\ ZKHHGOLQJO\ DQG LQ DOO NLQGV RI
IDVKLRQV WR WKH PDQ LQ WKH UHG VZHDWHU $QG DW VXFK WLPHV WKDW PRQH\ SDVVHG EHWZHHQ WKHP WKH
VWUDQJHUVWRRNRQHRUPRUHRIWKHGRJVDZD\ZLWKWKHP%XFNZRQGHUHGZKHUHWKH\ZHQWIRUWKH\
QHYHUFDPHEDFNEXWWKHIHDURIWKHIXWXUHZDVVWURQJXSRQKLPDQGKHZDVJODGHDFKWLPHZKHQ
KHZDVQRWVHOHFWHG
<HWKLVWLPHFDPHLQWKHHQGLQWKHIRUPRIDOLWWOHZHD]HQHGPDQZKRVSDWEURNHQ(QJOLVKDQG
PDQ\VWUDQJHDQGXQFRXWKH[FODPDWLRQVZKLFK%XFNFRXOGQRWXQGHUVWDQG
6DFUHGDPKHFULHGZKHQKLVH\HVOLWXSRQ%XFN'DWRQHGDPEXOO\GRJ(K"+RZPRFK"
7KUHHKXQGUHGDQGDSUHVHQWDWWKDWZDVWKHSURPSWUHSO\RIWKHPDQLQWKHUHGVZHDWHU$QG
VHHP
LW
VJRYHUQPHQWPRQH\\RXDLQ
WJRWQRNLFNFRPLQJHK3HUUDXOW"
3HUUDXOWJULQQHG&RQVLGHULQJWKDWWKHSULFHRIGRJVKDGEHHQERRPHGVN\ZDUGE\WKHXQZRQWHG
GHPDQGLWZDVQRWDQXQIDLUVXPIRUVRILQHDQDQLPDO7KH&DQDGLDQ*RYHUQPHQWZRXOGEHQR
ORVHUQRUZRXOGLWVGHVSDWFKHVWUDYHOWKHVORZHU3HUUDXOWNQHZGRJVDQGZKHQKHORRNHGDW%XFN
KHNQHZWKDWKHZDVRQHLQDWKRXVDQG³2QHLQWHQW
RXVDQGKHFRPPHQWHGPHQWDOO\
%XFN VDZ PRQH\ SDVV EHWZHHQ WKHP DQG ZDV QRW VXUSULVHG ZKHQ &XUO\ D JRRGQDWXUHG
1HZIRXQGODQGDQGKHZHUHOHGDZD\E\WKHOLWWOHZHD]HQHGPDQ7KDWZDVWKHODVWKHVDZRIWKH
PDQ LQ WKH UHG VZHDWHU DQG DV &XUO\ DQG KH ORRNHG DW UHFHGLQJ 6HDWWOH IURP WKH GHFN RI WKH
1DUZKDOLWZDVWKHODVWKHVDZRIWKHZDUP6RXWKODQG&XUO\DQGKHZHUHWDNHQEHORZE\3HUUDXOW
DQG WXUQHG RYHU WR D EODFNIDFHG JLDQW FDOOHG )UDQFRLV 3HUUDXOW ZDV D )UHQFK&DQDGLDQ DQG
VZDUWK\EXW)UDQFRLVZDVD)UHQFK&DQDGLDQKDOIEUHHGDQGWZLFHDVVZDUWK\7KH\ZHUHDQHZ
NLQGRIPHQWR%XFNRIZKLFK KH ZDV GHVWLQHG WR VHH PDQ\ PRUH DQG ZKLOH KH GHYHORSHG QR
DIIHFWLRQIRUWKHPKHQRQHWKHOHVVJUHZKRQHVWO\WRUHVSHFWWKHP+HVSHHGLO\OHDUQHGWKDW3HUUDXOW
DQG)UDQFRLVZHUHIDLUPHQFDOPDQGLPSDUWLDOLQDGPLQLVWHULQJMXVWLFHDQGWRRZLVHLQWKHZD\RI
GRJVWREHIRROHGE\GRJV
,QWKH
WZHHQGHFNVRIWKH1DUZKDO%XFNDQG&XUO\MRLQHGWZRRWKHUGRJV2QHRIWKHPZDVD
ELJVQRZZKLWHIHOORZIURP6SLW]EHUJHQZKRKDGEHHQEURXJKWDZD\E\DZKDOLQJFDSWDLQDQG
ZKRKDGODWHUDFFRPSDQLHGD*HRORJLFDO6XUYH\LQWRWKH%DUUHQV+HZDVIULHQGO\LQDWUHDFKHURXV
VRUWRIZD\VPLOLQJLQWRRQH
VIDFHWKHZKLOHKHPHGLWDWHGVRPHXQGHUKDQGWULFNDVIRULQVWDQFH
ZKHQ KH VWROH IURP %XFN
V IRRG DW WKH ILUVW PHDO $V %XFN VSUDQJ WR SXQLVK KLP WKH ODVK RI
)UDQFRLV
VZKLSVDQJWKURXJKWKHDLUUHDFKLQJWKHFXOSULWILUVWDQGQRWKLQJUHPDLQHGWR%XFNEXWWR
UHFRYHUWKHERQH7KDWZDVIDLURI)UDQFRLVKHGHFLGHGDQGWKHKDOIEUHHGEHJDQKLVULVHLQ%XFN
V
HVWLPDWLRQ
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
7KH RWKHU GRJ PDGH QR DGYDQFHV QRU UHFHLYHG DQ\ DOVR KH GLG QRW DWWHPSW WR VWHDO IURP WKH
QHZFRPHUV+HZDVDJORRP\PRURVHIHOORZDQGKHVKRZHG&XUO\SODLQO\WKDWDOOKHGHVLUHGZDV
WREHOHIWDORQHDQGIXUWKHUWKDWWKHUHZRXOGEHWURXEOHLIKHZHUHQRWOHIWDORQH'DYHKHZDV
FDOOHGDQGKHDWHDQGVOHSWRU\DZQHGEHWZHHQWLPHVDQGWRRNLQWHUHVWLQQRWKLQJQRWHYHQZKHQ
WKH 1DUZKDO FURVVHG 4XHHQ &KDUORWWH 6RXQG DQG UROOHG DQG SLWFKHG DQG EXFNHG OLNH D WKLQJ
SRVVHVVHG:KHQ%XFNDQG&XUO\JUHZH[FLWHGKDOIZLOGZLWKIHDUKHUDLVHGKLVKHDGDVWKRXJK
DQQR\HGIDYRUHGWKHPZLWKDQLQFXULRXVJODQFH\DZQHGDQGZHQWWRVOHHSDJDLQ
'D\DQGQLJKWWKHVKLSWKUREEHGWRWKHWLUHOHVVSXOVHRIWKHSURSHOOHUDQGWKRXJKRQHGD\ZDV
YHU\OLNHDQRWKHULWZDVDSSDUHQWWR%XFNWKDWWKHZHDWKHU ZDV VWHDGLO\ JURZLQJ FROGHU $W ODVW
RQH PRUQLQJ WKH SURSHOOHU ZDV TXLHW DQG WKH 1DUZKDO ZDV SHUYDGHG ZLWK DQ DWPRVSKHUH RI
H[FLWHPHQW+HIHOWLWDVGLGWKHRWKHUGRJVDQGNQHZWKDWDFKDQJHZDVDWKDQG)UDQFRLVOHDVKHG
WKHP DQG EURXJKW WKHP RQ GHFN $W WKH ILUVW VWHS XSRQ WKH FROG VXUIDFH %XFN
V IHHW VDQN LQWR D
ZKLWHPXVK\VRPHWKLQJYHU\OLNHPXG+HVSUDQJEDFNZLWKDVQRUW0RUHRIWKLVZKLWHVWXIIZDV
IDOOLQJWKURXJKWKHDLU+HVKRRNKLPVHOIEXWPRUHRILWIHOOXSRQKLP+HVQLIIHGLWFXULRXVO\WKHQ
OLFNHGVRPHXSRQKLVWRQJXH,WELWOLNHILUHDQGWKHQH[WLQVWDQWZDVJRQH7KLVSX]]OHGKLP+H
WULHGLWDJDLQZLWKWKHVDPHUHVXOW7KHRQORRNHUVODXJKHGXSURDULRXVO\DQGKHIHOWDVKDPHGKH
NQHZQRWZK\IRULWZDVKLVILUVWVQRZ
&KDSWHU,,7KH/DZRI&OXEDQG)DQJ
%XFN
VILUVWGD\RQWKH'\HDEHDFKZDVOLNHDQLJKWPDUH(YHU\KRXUZDVILOOHGZLWKVKRFNDQG
VXUSULVH +H KDG EHHQ VXGGHQO\ MHUNHG IURP WKH KHDUW RI FLYLOL]DWLRQ DQG IOXQJ LQWR WKH KHDUW RI
WKLQJVSULPRUGLDO1ROD]\VXQNLVVHGOLIHZDVWKLVZLWKQRWKLQJWRGREXWORDIDQGEHERUHG+HUH
ZDV QHLWKHU SHDFH QRU UHVW QRU D PRPHQW
V VDIHW\ $OO ZDV FRQIXVLRQ DQG DFWLRQ DQG HYHU\
PRPHQWOLIHDQGOLPEZHUHLQSHULO7KHUHZDVLPSHUDWLYHQHHGWREHFRQVWDQWO\DOHUWIRUWKHVHGRJV
DQGPHQZHUHQRWWRZQGRJVDQGPHQ7KH\ZHUHVDYDJHVDOORIWKHPZKRNQHZQRODZEXWWKH
ODZRIFOXEDQGIDQJ
+HKDGQHYHUVHHQGRJVILJKWDVWKHVHZROILVKFUHDWXUHVIRXJKWDQGKLVILUVWH[SHULHQFHWDXJKW
KLPDQXQIRUJHWDEOHOHVVRQ,WLVWUXHLWZDVDYLFDULRXVH[SHULHQFHHOVHKHZRXOGQRWKDYHOLYHGWR
SURILWE\LW&XUO\ZDVWKHYLFWLP7KH\ZHUHFDPSHGQHDUWKHORJVWRUHZKHUHVKHLQKHUIULHQGO\
ZD\PDGHDGYDQFHVWRDKXVN\GRJWKHVL]HRIDIXOOJURZQZROIWKRXJKQRWKDOIVRODUJHDVVKH
7KHUHZDVQRZDUQLQJRQO\DOHDSLQOLNHDIODVKDPHWDOOLFFOLSRIWHHWKDOHDSRXWHTXDOO\VZLIW
DQG&XUO\
VIDFHZDVULSSHGRSHQIURPH\HWRMDZ
,WZDVWKHZROIPDQQHURIILJKWLQJWRVWULNHDQGOHDSDZD\EXWWKHUHZDVPRUHWRLWWKDQWKLV
7KLUW\RUIRUW\KXVNLHVUDQWRWKHVSRWDQGVXUURXQGHGWKHFRPEDWDQWVLQDQLQWHQWDQGVLOHQWFLUFOH
%XFNGLGQRWFRPSUHKHQGWKDWVLOHQWLQWHQWQHVVQRUWKHHDJHUZD\ZLWKZKLFKWKH\ZHUHOLFNLQJ
WKHLUFKRSV&XUO\UXVKHGKHUDQWDJRQLVWZKRVWUXFNDJDLQDQGOHDSHGDVLGH+HPHWKHUQH[WUXVK
ZLWKKLVFKHVWLQDSHFXOLDUIDVKLRQWKDW WXPEOHGKHU RII KHU IHHW 6KH QHYHUUHJDLQHGWKHP 7KLV
ZDVZKDWWKHRQORRNLQJKXVNLHVKDGZDLWHGIRU7KH\FORVHGLQXSRQKHUVQDUOLQJDQG\HOSLQJDQG
VKHZDVEXULHGVFUHDPLQJZLWKDJRQ\EHQHDWKWKHEULVWOLQJPDVVRIERGLHV
6R VXGGHQ ZDV LW DQG VR XQH[SHFWHG WKDW %XFN ZDV WDNHQ DEDFN +H VDZ 6SLW] UXQ RXW KLV
VFDUOHWWRQJXHLQDZD\KHKDGRIODXJKLQJDQGKHVDZ)UDQFRLVVZLQJLQJDQD[HVSULQJLQWRWKH
PHVVRIGRJV7KUHHPHQZLWKFOXEVZHUHKHOSLQJKLPWRVFDWWHUWKHP,WGLGQRWWDNHORQJ7ZR
PLQXWHVIURP WKH WLPH &XUO\ ZHQW GRZQ WKH ODVW RI KHU DVVDLODQWV ZHUH FOXEEHG RII %XW VKH OD\
WKHUHOLPSDQGOLIHOHVVLQWKHEORRG\WUDPSOHGVQRZDOPRVWOLWHUDOO\WRUQWRSLHFHVWKHVZDUWKDOI
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
EUHHGVWDQGLQJRYHUKHUDQGFXUVLQJKRUULEO\7KHVFHQHRIWHQFDPHEDFNWR%XFNWRWURXEOHKLPLQ
KLVVOHHS6RWKDWZDVWKHZD\1RIDLUSOD\2QFHGRZQWKDWZDVWKHHQGRI\RX:HOOKHZRXOG
VHH WR LW WKDW KH QHYHU ZHQW GRZQ 6SLW] UDQ RXW KLV WRQJXH DQG ODXJKHG DJDLQ DQG IURP WKDW
PRPHQW%XFNKDWHGKLPZLWKDELWWHUDQGGHDWKOHVVKDWUHG
%HIRUH KH KDG UHFRYHUHG IURP WKH VKRFN FDXVHG E\ WKH WUDJLF SDVVLQJ RI &XUO\ KH UHFHLYHG
DQRWKHUVKRFN)UDQFRLVIDVWHQHGXSRQKLPDQDUUDQJHPHQWRIVWUDSVDQGEXFNOHV,WZDVDKDUQHVV
VXFKDVKHKDGVHHQWKHJURRPVSXWRQWKHKRUVHVDWKRPH$QGDVKHKDGVHHQKRUVHVZRUNVRKH
ZDVVHWWRZRUNKDXOLQJ)UDQFRLVRQDVOHGWRWKHIRUHVWWKDWIULQJHGWKHYDOOH\DQGUHWXUQLQJZLWKD
ORDGRIILUHZRRG7KRXJKKLVGLJQLW\ZDVVRUHO\KXUWE\WKXVEHLQJPDGHDGUDXJKWDQLPDOKHZDV
WRRZLVHWRUHEHO+HEXFNOHGGRZQZLWKDZLOODQGGLGKLVEHVWWKRXJKLWZDVDOOQHZDQGVWUDQJH
)UDQFRLV ZDV VWHUQ GHPDQGLQJ LQVWDQW REHGLHQFH DQG E\ YLUWXH RI KLV ZKLS UHFHLYLQJ LQVWDQW
REHGLHQFHZKLOH'DYHZKRZDVDQH[SHULHQFHGZKHHOHUQLSSHG%XFN
VKLQGTXDUWHUVZKHQHYHU
KHZDVLQHUURU6SLW]ZDVWKHOHDGHUOLNHZLVHH[SHULHQFHGDQGZKLOHKHFRXOGQRWDOZD\VJHWDW
%XFNKHJURZOHGVKDUSUHSURRIQRZDQGDJDLQRUFXQQLQJO\WKUHZKLVZHLJKWLQWKHWUDFHVWRMHUN
%XFNLQWRWKHZD\KHVKRXOGJR%XFNOHDUQHGHDVLO\DQGXQGHUWKHFRPELQHGWXLWLRQRIKLVWZR
PDWHVDQG)UDQFRLVPDGHUHPDUNDEOHSURJUHVV(UHWKH\UHWXUQHGWRFDPSKHNQHZHQRXJKWRVWRS
DWKRWRJRDKHDGDWPXVKWRVZLQJZLGHRQWKHEHQGVDQGWRNHHSFOHDURIWKHZKHHOHUZKHQ
WKHORDGHGVOHGVKRWGRZQKLOODWWKHLUKHHOV
7
UHHYDLU
JRRGGRJV)UDQFRLVWROG3HUUDXOW'DW%XFNKHHPSRROODNKHOO,WLFKKHHPTXHHN
DVDQ\W
LQJ
%\DIWHUQRRQ3HUUDXOWZKRZDVLQDKXUU\WREHRQWKHWUDLOZLWKKLVGHVSDWFKHVUHWXUQHGZLWK
WZRPRUHGRJV%LOOHHDQG-RHKHFDOOHGWKHPWZREURWKHUVDQGWUXHKXVNLHVERWK6RQVRIWKH
RQHPRWKHUWKRXJKWKH\ZHUHWKH\ZHUHDVGLIIHUHQWDVGD\DQGQLJKW%LOOHH
VRQHIDXOWZDVKLV
H[FHVVLYH JRRG QDWXUH ZKLOH -RH ZDV WKH YHU\ RSSRVLWH VRXU DQG LQWURVSHFWLYH ZLWK D SHUSHWXDO
VQDUO DQG D PDOLJQDQW H\H %XFN UHFHLYHG WKHP LQ FRPUDGHO\ IDVKLRQ 'DYH LJQRUHG WKHP ZKLOH
6SLW]SURFHHGHGWRWKUDVKILUVWRQHDQGWKHQWKHRWKHU%LOOHHZDJJHGKLVWDLODSSHDVLQJO\WXUQHGWR
UXQZKHQKHVDZWKDWDSSHDVHPHQWZDVRIQRDYDLODQGFULHGVWLOODSSHDVLQJO\ZKHQ6SLW]
VVKDUS
WHHWKVFRUHGKLVIODQN%XWQRPDWWHUKRZ6SLW]FLUFOHG-RHZKLUOHGDURXQGRQKLVKHHOVWRIDFHKLP
PDQHEULVWOLQJHDUVODLGEDFNOLSVZULWKLQJDQGVQDUOLQJMDZVFOLSSLQJWRJHWKHUDVIDVWDVKHFRXOG
VQDS DQG H\HV GLDEROLFDOO\ JOHDPLQJ³WKH LQFDUQDWLRQ RI EHOOLJHUHQW IHDU 6R WHUULEOH ZDV KLV
DSSHDUDQFHWKDW6SLW]ZDVIRUFHGWRIRUHJRGLVFLSOLQLQJKLPEXWWRFRYHUKLVRZQGLVFRPILWXUHKH
WXUQHGXSRQWKHLQRIIHQVLYHDQGZDLOLQJ%LOOHHDQGGURYHKLPWRWKHFRQILQHVRIWKHFDPS
%\HYHQLQJ3HUUDXOWVHFXUHGDQRWKHUGRJDQROGKXVN\ORQJDQGOHDQDQGJDXQWZLWKDEDWWOH
VFDUUHGIDFHDQGDVLQJOHH\HZKLFKIODVKHGDZDUQLQJRISURZHVVWKDWFRPPDQGHGUHVSHFW+HZDV
FDOOHG6ROOHNVZKLFKPHDQVWKH$QJU\2QH/LNH'DYHKHDVNHGQRWKLQJJDYHQRWKLQJH[SHFWHG
QRWKLQJDQGZKHQKHPDUFKHGVORZO\DQGGHOLEHUDWHO\LQWRWKHLUPLGVWHYHQ6SLW]OHIWKLPDORQH
+H KDG RQH SHFXOLDULW\ ZKLFK %XFN ZDV XQOXFN\ HQRXJK WR GLVFRYHU +H GLG QRW OLNH WR EH
DSSURDFKHGRQKLVEOLQGVLGH2IWKLVRIIHQFH%XFNZDVXQZLWWLQJO\JXLOW\DQGWKHILUVWNQRZOHGJH
KH KDG RI KLV LQGLVFUHWLRQ ZDV ZKHQ 6ROOHNV ZKLUOHG XSRQ KLP DQG VODVKHG KLV VKRXOGHU WR WKH
ERQHIRUWKUHHLQFKHVXSDQGGRZQ)RUHYHUDIWHU%XFNDYRLGHGKLVEOLQGVLGHDQGWRWKHODVWRI
WKHLU FRPUDGHVKLS KDG QR PRUH WURXEOH +LV RQO\ DSSDUHQW DPELWLRQ OLNH 'DYH
V ZDV WR EH OHIW
DORQHWKRXJKDV%XFNZDVDIWHUZDUGWROHDUQHDFKRIWKHPSRVVHVVHGRQHRWKHUDQGHYHQPRUH
YLWDODPELWLRQ
7KDWQLJKW%XFNIDFHGWKHJUHDWSUREOHPRIVOHHSLQJ7KHWHQWLOOXPLQHGE\ D FDQGOH JORZHG
ZDUPO\LQWKHPLGVWRIWKHZKLWHSODLQDQGZKHQKHDVDPDWWHURIFRXUVHHQWHUHGLWERWK3HUUDXOW
DQG )UDQFRLV ERPEDUGHG KLP ZLWK FXUVHV DQG FRRNLQJ XWHQVLOV WLOO KH UHFRYHUHG IURP KLV
FRQVWHUQDWLRQDQGIOHGLJQRPLQLRXVO\LQWRWKHRXWHUFROG$FKLOOZLQGZDVEORZLQJWKDWQLSSHGKLP
VKDUSO\ DQG ELW ZLWK HVSHFLDO YHQRP LQWR KLV ZRXQGHG VKRXOGHU +H OD\ GRZQ RQ WKH VQRZ DQG
DWWHPSWHGWRVOHHSEXWWKHIURVWVRRQGURYHKLPVKLYHULQJWRKLVIHHW0LVHUDEOHDQGGLVFRQVRODWHKH
ZDQGHUHGDERXWDPRQJWKHPDQ\WHQWVRQO\WRILQGWKDWRQHSODFHZDVDVFROGDVDQRWKHU+HUHDQG
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
WKHUHVDYDJHGRJVUXVKHGXSRQKLPEXWKHEULVWOHGKLVQHFNKDLUDQGVQDUOHGIRUKHZDVOHDUQLQJ
IDVWDQGWKH\OHWKLPJRKLVZD\XQPROHVWHG
)LQDOO\DQLGHDFDPHWRKLP+HZRXOGUHWXUQDQGVHHKRZKLVRZQWHDPPDWHV ZHUH PDNLQJ
RXW7RKLVDVWRQLVKPHQWWKH\KDGGLVDSSHDUHG$JDLQKHZDQGHUHGDERXWWKURXJKWKHJUHDWFDPS
ORRNLQJ IRU WKHP DQG DJDLQ KH UHWXUQHG :HUH WKH\ LQ WKH WHQW" 1R WKDW FRXOG QRW EH HOVH KH
ZRXOG QRW KDYH EHHQ GULYHQ RXW 7KHQ ZKHUH FRXOG WKH\ SRVVLEO\ EH" :LWK GURRSLQJ WDLO DQG
VKLYHULQJ ERG\ YHU\ IRUORUQ LQGHHG KH DLPOHVVO\ FLUFOHG WKH WHQW 6XGGHQO\ WKH VQRZ JDYH ZD\
EHQHDWK KLV IRUH OHJV DQG KH VDQN GRZQ 6RPHWKLQJ ZULJJOHG XQGHU KLV IHHW +H VSUDQJ EDFN
EULVWOLQJDQGVQDUOLQJIHDUIXORIWKHXQVHHQDQGXQNQRZQ%XWDIULHQGO\OLWWOH\HOSUHDVVXUHGKLP
DQGKHZHQWEDFNWRLQYHVWLJDWH$ZKLIIRIZDUPDLUDVFHQGHGWRKLVQRVWULOVDQGWKHUHFXUOHGXS
XQGHUWKHVQRZLQDVQXJEDOOOD\%LOOHH+HZKLQHGSODFDWLQJO\VTXLUPHGDQGZULJJOHGWRVKRZ
KLVJRRGZLOODQGLQWHQWLRQVDQGHYHQYHQWXUHGDVDEULEHIRUSHDFHWROLFN%XFN
VIDFHZLWKKLV
ZDUPZHWWRQJXH
$QRWKHUOHVVRQ6RWKDWZDVWKHZD\WKH\GLGLWHK"%XFNFRQILGHQWO\VHOHFWHGDVSRWDQGZLWK
PXFKIXVVDQGZDVWHHIIRUWSURFHHGHGWRGLJDKROHIRUKLPVHOI,QDWULFHWKHKHDWIURPKLVERG\
ILOOHG WKH FRQILQHG VSDFH DQG KH ZDV DVOHHS 7KH GD\ KDG EHHQ ORQJ DQG DUGXRXV DQG KH VOHSW
VRXQGO\DQGFRPIRUWDEO\WKRXJKKHJURZOHGDQGEDUNHGDQGZUHVWOHGZLWKEDGGUHDPV
1RUGLGKHRSHQKLVH\HVWLOOURXVHGE\WKHQRLVHVRIWKHZDNLQJFDPS$WILUVWKHGLGQRWNQRZ
ZKHUH KH ZDV ,W KDG VQRZHG GXULQJ WKH QLJKW DQG KH ZDV FRPSOHWHO\ EXULHG 7KH VQRZ ZDOOV
SUHVVHGKLPRQHYHU\VLGHDQGDJUHDWVXUJHRIIHDUVZHSWWKURXJKKLP³WKHIHDURIWKHZLOGWKLQJ
IRU WKH WUDS ,W ZDV D WRNHQ WKDW KH ZDV KDUNLQJ EDFN WKURXJK KLV RZQ OLIH WR WKH OLYHV RI KLV
IRUHEHDUVIRUKHZDVDFLYLOL]HGGRJDQXQGXO\FLYLOL]HGGRJDQGRIKLVRZQH[SHULHQFHNQHZQR
WUDSDQGVRFRXOGQRWRIKLPVHOIIHDULW7KHPXVFOHVRIKLVZKROHERG\FRQWUDFWHGVSDVPRGLFDOO\
DQGLQVWLQFWLYHO\WKHKDLURQKLVQHFNDQGVKRXOGHUVVWRRGRQHQGDQGZLWK D IHURFLRXV VQDUO KH
ERXQGHGVWUDLJKWXSLQWRWKHEOLQGLQJGD\WKHVQRZIO\LQJDERXWKLPLQDIODVKLQJFORXG(UHKH
ODQGHG RQ KLV IHHW KH VDZ WKH ZKLWH FDPS VSUHDG RXW EHIRUH KLP DQG NQHZ ZKHUH KH ZDV DQG
UHPHPEHUHGDOOWKDWKDGSDVVHGIURPWKHWLPHKHZHQWIRUDVWUROOZLWK0DQXHOWRWKHKROHKHKDG
GXJIRUKLPVHOIWKHQLJKWEHIRUH
$VKRXWIURP)UDQFRLVKDLOHGKLVDSSHDUDQFH:RW,VD\"WKHGRJGULYHUFULHGWR3HUUDXOW'DW
%XFNIRUVXUHOHDUQTXHHNDVDQ\W
LQJ
3HUUDXOW QRGGHG JUDYHO\ $V FRXULHU IRU WKH &DQDGLDQ *RYHUQPHQW EHDULQJ LPSRUWDQW
GHVSDWFKHV KH ZDV DQ[LRXV WR VHFXUH WKH EHVW GRJV DQG KH ZDV SDUWLFXODUO\ JODGGHQHG E\ WKH
SRVVHVVLRQRI%XFN
7KUHHPRUHKXVNLHVZHUHDGGHGWRWKHWHDPLQVLGHDQKRXUPDNLQJDWRWDORI QLQH DQG EHIRUH
DQRWKHUTXDUWHURIDQKRXUKDGSDVVHGWKH\ZHUHLQKDUQHVVDQGVZLQJLQJXSWKHWUDLOWRZDUGWKH
'\HD &DQRQ %XFN ZDV JODG WR EH JRQH DQG WKRXJK WKH ZRUN ZDV KDUG KH IRXQG KH GLG QRW
SDUWLFXODUO\ GHVSLVH LW +H ZDV VXUSULVHG DW WKH HDJHUQHVV ZKLFK DQLPDWHG WKH ZKROH WHDP DQG
ZKLFKZDVFRPPXQLFDWHGWRKLPEXWVWLOOPRUHVXUSULVLQJZDVWKHFKDQJH ZURXJKW LQ 'DYH DQG
6ROOHNV7KH\ZHUHQHZGRJVXWWHUO\WUDQVIRUPHGE\WKHKDUQHVV$OOSDVVLYHQHVVDQGXQFRQFHUQ
KDG GURSSHG IURP WKHP 7KH\ ZHUH DOHUW DQG DFWLYH DQ[LRXV WKDW WKH ZRUN VKRXOG JR ZHOO DQG
ILHUFHO\ LUULWDEOH ZLWK ZKDWHYHU E\ GHOD\ RU FRQIXVLRQ UHWDUGHG WKDW ZRUN 7KH WRLO RI WKH WUDFHV
VHHPHG WKH VXSUHPH H[SUHVVLRQ RI WKHLU EHLQJ DQG DOO WKDW WKH\ OLYHG IRU DQG WKH RQO\ WKLQJ LQ
ZKLFKWKH\WRRNGHOLJKW
'DYHZDVZKHHOHURUVOHGGRJSXOOLQJLQIURQWRIKLPZDV%XFNWKHQFDPH6ROOHNVWKHUHVWRI
WKHWHDPZDVVWUXQJRXWDKHDGVLQJOHILOHWRWKHOHDGHUZKLFKSRVLWLRQZDVILOOHGE\6SLW]
%XFNKDGEHHQSXUSRVHO\SODFHGEHWZHHQ'DYHDQG6ROOHNVVRWKDWKHPLJKWUHFHLYHLQVWUXFWLRQ
$SWVFKRODUWKDWKHZDVWKH\ZHUHHTXDOO\DSWWHDFKHUVQHYHUDOORZLQJKLPWROLQJHUORQJLQHUURU
DQGHQIRUFLQJWKHLUWHDFKLQJZLWKWKHLUVKDUSWHHWK'DYHZDVIDLUDQGYHU\ZLVH+HQHYHUQLSSHG
%XFNZLWKRXWFDXVHDQGKHQHYHUIDLOHGWRQLSKLPZKHQKHVWRRGLQQHHGRILW$V)UDQFRLV
VZKLS
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
EDFNHGKLPXS%XFNIRXQGLWWREHFKHDSHUWRPHQGKLVZD\VWKDQWRUHWDOLDWH2QFHGXULQJDEULHI
KDOWZKHQKHJRWWDQJOHGLQWKHWUDFHVDQGGHOD\HGWKHVWDUWERWK'DYHDQG6ROOHNVIOHZDWKLPDQG
DGPLQLVWHUHGDVRXQGWURXQFLQJ7KHUHVXOWLQJWDQJOHZDVHYHQZRUVHEXW%XFNWRRNJRRGFDUHWR
NHHSWKHWUDFHVFOHDUWKHUHDIWHUDQGHUHWKHGD\ZDVGRQHVRZHOOKDGKHPDVWHUHGKLVZRUNKLV
PDWHV DERXW FHDVHG QDJJLQJ KLP )UDQFRLV
V ZKLS VQDSSHG OHVV IUHTXHQWO\ DQG 3HUUDXOW HYHQ
KRQRUHG%XFNE\OLIWLQJXSKLVIHHWDQGFDUHIXOO\H[DPLQLQJWKHP
,WZDVDKDUGGD\
VUXQXSWKH&DQRQWKURXJK6KHHS&DPSSDVWWKH6FDOHVDQGWKHWLPEHUOLQH
DFURVV JODFLHUV DQG VQRZGULIWV KXQGUHGV RI IHHW GHHS DQG RYHU WKH JUHDW &KLOFRRW 'LYLGH ZKLFK
VWDQGVEHWZHHQWKHVDOWZDWHUDQGWKHIUHVKDQGJXDUGVIRUELGGLQJO\WKHVDGDQGORQHO\1RUWK7KH\
PDGHJRRGWLPHGRZQWKHFKDLQRIODNHVZKLFKILOOVWKHFUDWHUVRIH[WLQFWYROFDQRHVDQGODWHWKDW
QLJKWSXOOHGLQWRWKHKXJHFDPSDWWKHKHDGRI/DNH%HQQHWWZKHUHWKRXVDQGVRIJROGVHHNHUVZHUH
EXLOGLQJERDWVDJDLQVWWKHEUHDNXSRIWKHLFHLQWKHVSULQJ%XFNPDGHKLVKROHLQWKHVQRZDQG
VOHSW WKH VOHHS RI WKH H[KDXVWHG MXVW EXW DOO WRR HDUO\ ZDV URXWHG RXW LQ WKH FROG GDUNQHVV DQG
KDUQHVVHGZLWKKLVPDWHVWRWKHVOHG
7KDWGD\WKH\PDGHIRUW\PLOHVWKHWUDLOEHLQJSDFNHGEXWWKHQH[WGD\DQGIRUPDQ\GD\VWR
IROORZ WKH\ EURNH WKHLU RZQ WUDLO ZRUNHG KDUGHU DQG PDGH SRRUHU WLPH $V D UXOH 3HUUDXOW
WUDYHOOHG DKHDG RI WKH WHDP SDFNLQJ WKH VQRZ ZLWK ZHEEHG VKRHV WR PDNH LW HDVLHU IRU WKHP
)UDQFRLVJXLGLQJ WKH VOHG DW WKH JHHSROH VRPHWLPHV H[FKDQJHG SODFHV ZLWK KLP EXW QRW RIWHQ
3HUUDXOW ZDV LQ D KXUU\ DQG KH SULGHG KLPVHOI RQ KLV NQRZOHGJH RI LFH ZKLFK NQRZOHGJH ZDV
LQGLVSHQVDEOHIRUWKHIDOOLFHZDVYHU\WKLQDQGZKHUHWKHUHZDVVZLIWZDWHUWKHUHZDVQRLFHDW
DOO
'D\ DIWHU GD\ IRU GD\V XQHQGLQJ %XFN WRLOHG LQ WKH WUDFHV $OZD\V WKH\ EURNH FDPS LQ WKH
GDUNDQGWKHILUVWJUD\RIGDZQIRXQGWKHPKLWWLQJWKHWUDLOZLWKIUHVKPLOHVUHHOHGRIIEHKLQGWKHP
$QG DOZD\V WKH\ SLWFKHG FDPS DIWHU GDUN HDWLQJ WKHLU ELW RI ILVK DQG FUDZOLQJ WR VOHHS LQWR WKH
VQRZ %XFN ZDV UDYHQRXV 7KH SRXQG DQG D KDOI RI VXQGULHG VDOPRQ ZKLFK ZDV KLV UDWLRQ IRU
HDFKGD\VHHPHGWRJRQRZKHUH+HQHYHUKDGHQRXJKDQGVXIIHUHGIURPSHUSHWXDOKXQJHUSDQJV
<HWWKHRWKHUGRJVEHFDXVHWKH\ZHLJKHGOHVVDQGZHUHERUQWRWKHOLIHUHFHLYHGDSRXQGRQO\RI
WKHILVKDQGPDQDJHGWRNHHSLQJRRGFRQGLWLRQ
+HVZLIWO\ORVWWKHIDVWLGLRXVQHVVZKLFKKDGFKDUDFWHUL]HGKLVROGOLIH$GDLQW\HDWHUKHIRXQG
WKDWKLVPDWHVILQLVKLQJILUVWUREEHGKLPRIKLVXQILQLVKHGUDWLRQ7KHUHZDVQRGHIHQGLQJLW:KLOH
KHZDVILJKWLQJRIIWZRRUWKUHHLWZDVGLVDSSHDULQJGRZQWKHWKURDWVRIWKHRWKHUV7RUHPHG\WKLV
KHDWHDVIDVWDVWKH\DQGVRJUHDWO\GLGKXQJHUFRPSHOKLPKHZDVQRWDERYHWDNLQJZKDWGLGQRW
EHORQJ WR KLP +H ZDWFKHG DQG OHDUQHG :KHQ KH VDZ 3LNH RQH RI WKH QHZ GRJV D FOHYHU
PDOLQJHUHUDQGWKLHIVO\O\VWHDODVOLFHRIEDFRQZKHQ3HUUDXOW
VEDFNZDVWXUQHGKHGXSOLFDWHGWKH
SHUIRUPDQFHWKHIROORZLQJGD\JHWWLQJDZD\ZLWKWKHZKROHFKXQN$JUHDWXSURDUZDVUDLVHGEXW
KH ZDV XQVXVSHFWHG ZKLOH 'XE DQ DZNZDUG EOXQGHUHU ZKR ZDV DOZD\V JHWWLQJ FDXJKW ZDV
SXQLVKHGIRU%XFN
VPLVGHHG
7KLVILUVWWKHIWPDUNHG%XFNDVILWWRVXUYLYHLQWKHKRVWLOH1RUWKODQGHQYLURQPHQW,WPDUNHGKLV
DGDSWDELOLW\KLVFDSDFLW\WRDGMXVWKLPVHOIWRFKDQJLQJFRQGLWLRQVWKHODFNRIZKLFKZRXOGKDYH
PHDQWVZLIWDQGWHUULEOHGHDWK,WPDUNHGIXUWKHUWKHGHFD\RUJRLQJWRSLHFHVRIKLVPRUDOQDWXUHD
YDLQ WKLQJ DQG D KDQGLFDS LQ WKH UXWKOHVV VWUXJJOH IRU H[LVWHQFH ,W ZDV DOO ZHOO HQRXJK LQ WKH
6RXWKODQGXQGHUWKHODZRIORYHDQGIHOORZVKLSWRUHVSHFWSULYDWHSURSHUW\DQGSHUVRQDOIHHOLQJV
EXWLQWKH1RUWKODQGXQGHUWKHODZRIFOXEDQGIDQJZKRVRWRRNVXFKWKLQJVLQWRDFFRXQWZDVD
IRRODQGLQVRIDUDVKHREVHUYHGWKHPKHZRXOGIDLOWRSURVSHU
1RW WKDW %XFN UHDVRQHG LW RXW +H ZDV ILW WKDW ZDV DOO DQG XQFRQVFLRXVO\ KH DFFRPPRGDWHG
KLPVHOIWRWKHQHZPRGHRIOLIH$OOKLVGD\VQRPDWWHUZKDWWKHRGGVKHKDGQHYHUUXQIURPD
ILJKW %XW WKH FOXE RI WKH PDQ LQ WKH UHG VZHDWHU KDG EHDWHQ LQWR KLP D PRUH IXQGDPHQWDO DQG
SULPLWLYHFRGH&LYLOL]HGKHFRXOGKDYHGLHGIRUDPRUDOFRQVLGHUDWLRQVD\WKHGHIHQFHRI -XGJH
0LOOHU
VULGLQJZKLSEXWWKHFRPSOHWHQHVVRIKLVGHFLYLOL]DWLRQZDVQRZHYLGHQFHGE\KLVDELOLW\WR
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
IOHHIURPWKHGHIHQFHRIDPRUDOFRQVLGHUDWLRQDQGVRVDYHKLVKLGH+HGLGQRWVWHDOIRUMR\RILW
EXWEHFDXVHRIWKHFODPRURIKLVVWRPDFK+HGLGQRWURERSHQO\EXWVWROHVHFUHWO\DQGFXQQLQJO\
RXWRIUHVSHFWIRUFOXEDQGIDQJ,QVKRUWWKHWKLQJVKHGLGZHUHGRQHEHFDXVHLWZDVHDVLHUWRGR
WKHPWKDQQRWWRGRWKHP
+LV GHYHORSPHQW RU UHWURJUHVVLRQ ZDV UDSLG +LV PXVFOHV EHFDPH KDUG DV LURQ DQG KH JUHZ
FDOORXV WR DOO RUGLQDU\ SDLQ +H DFKLHYHG DQ LQWHUQDO DV ZHOO DV H[WHUQDO HFRQRP\ +H FRXOG HDW
DQ\WKLQJ QR PDWWHU KRZ ORDWKVRPH RU LQGLJHVWLEOH DQG RQFH HDWHQ WKH MXLFHV RI KLV VWRPDFK
H[WUDFWHGWKHODVWOHDVWSDUWLFOHRIQXWULPHQWDQGKLVEORRGFDUULHGLWWRWKHIDUWKHVWUHDFKHV RI KLV
ERG\EXLOGLQJLWLQWRWKHWRXJKHVWDQGVWRXWHVWRIWLVVXHV6LJKWDQGVFHQWEHFDPHUHPDUNDEO\NHHQ
ZKLOHKLVKHDULQJGHYHORSHGVXFKDFXWHQHVVWKDWLQKLVVOHHSKHKHDUGWKHIDLQWHVWVRXQGDQGNQHZ
ZKHWKHULWKHUDOGHGSHDFHRUSHULO+HOHDUQHGWRELWHWKHLFHRXWZLWK KLVWHHWKZKHQ LWFROOHFWHG
EHWZHHQKLVWRHVDQGZKHQKHZDVWKLUVW\DQGWKHUHZDVDWKLFNVFXPRILFHRYHUWKHZDWHUKROHKH
ZRXOG EUHDN LW E\ UHDULQJ DQG VWULNLQJ LW ZLWK VWLII IRUH OHJV +LV PRVW FRQVSLFXRXV WUDLW ZDV DQ
DELOLW\WRVFHQWWKHZLQGDQGIRUHFDVWLWDQLJKWLQDGYDQFH1RPDWWHUKRZEUHDWKOHVVWKHDLUZKHQ
KHGXJKLVQHVWE\WUHHRUEDQNWKHZLQGWKDWODWHUEOHZLQHYLWDEO\IRXQGKLPWROHHZDUGVKHOWHUHG
DQGVQXJ
$QG QRW RQO\ GLG KH OHDUQ E\ H[SHULHQFH EXW LQVWLQFWV ORQJ GHDG EHFDPH DOLYH DJDLQ 7KH
GRPHVWLFDWHG JHQHUDWLRQV IHOO IURP KLP ,Q YDJXH ZD\V KH UHPHPEHUHG EDFN WR WKH \RXWK RI WKH
EUHHGWRWKHWLPHWKHZLOGGRJVUDQJHGLQSDFNVWKURXJKWKHSULPHYDOIRUHVWDQGNLOOHGWKHLUPHDWDV
WKH\UDQLWGRZQ,WZDVQRWDVNIRUKLPWROHDUQWRILJKWZLWKFXWDQGVODVKDQGWKHTXLFNZROIVQDS
,QWKLVPDQQHUKDGIRXJKWIRUJRWWHQDQFHVWRUV7KH\TXLFNHQHGWKHROGOLIHZLWKLQKLPDQGWKHROG
WULFNV ZKLFK WKH\ KDG VWDPSHG LQWR WKH KHUHGLW\ RI WKH EUHHG ZHUH KLV WULFNV 7KH\ FDPH WR KLP
ZLWKRXWHIIRUWRUGLVFRYHU\DVWKRXJKWKH\KDGEHHQKLVDOZD\V$QGZKHQRQWKHVWLOOFROGQLJKWV
KH SRLQWHG KLV QRVH DW D VWDU DQG KRZOHG ORQJ DQG ZROIOLNH LW ZDV KLV DQFHVWRUV GHDG DQG GXVW
SRLQWLQJQRVHDWVWDUDQGKRZOLQJGRZQWKURXJKWKHFHQWXULHVDQGWKURXJKKLP$QGKLVFDGHQFHV
ZHUHWKHLUFDGHQFHVWKHFDGHQFHVZKLFKYRLFHGWKHLUZRHDQGZKDWWRWKHPZDV WKH PHDQLQJ RI
WKHVWLIIQHVVDQGWKHFROGDQGGDUN
7KXVDVWRNHQRIZKDWDSXSSHWWKLQJOLIHLVWKHDQFLHQWVRQJVXUJHGWKURXJKKLPDQGKHFDPH
LQWRKLVRZQDJDLQDQGKHFDPHEHFDXVHPHQKDGIRXQGD\HOORZPHWDOLQWKH1RUWKDQGEHFDXVH
0DQXHO ZDV D JDUGHQHU
V KHOSHU ZKRVH ZDJHV GLG QRW ODS RYHU WKH QHHGV RI KLV ZLIH DQG GLYHUV
VPDOOFRSLHVRIKLPVHOI
&KDSWHU,,,7KH'RPLQDQW3ULPRUGLDO
%HDVW
7KHGRPLQDQWSULPRUGLDOEHDVWZDVVWURQJLQ%XFNDQGXQGHUWKHILHUFHFRQGLWLRQVRIWUDLOOLIHLW
JUHZDQGJUHZ<HWLWZDVDVHFUHWJURZWK+LVQHZERUQFXQQLQJJDYHKLPSRLVHDQGFRQWURO+H
ZDVWRREXV\DGMXVWLQJKLPVHOIWRWKHQHZOLIHWRIHHODWHDVHDQGQRWRQO\GLGKHQRWSLFNILJKWV
EXWKHDYRLGHGWKHPZKHQHYHUSRVVLEOH$FHUWDLQGHOLEHUDWHQHVVFKDUDFWHUL]HGKLVDWWLWXGH+HZDV
QRW SURQH WR UDVKQHVV DQG SUHFLSLWDWH DFWLRQ DQG LQ WKH ELWWHU KDWUHG EHWZHHQ KLP DQG 6SLW] KH
EHWUD\HGQRLPSDWLHQFHVKXQQHGDOORIIHQVLYHDFWV
2QWKHRWKHUKDQGSRVVLEO\EHFDXVHKHGLYLQHGLQ%XFNDGDQJHURXVULYDO6SLW] QHYHU ORVW DQ
RSSRUWXQLW\RIVKRZLQJKLVWHHWK+HHYHQZHQWRXWRIKLVZD\WREXOO\%XFNVWULYLQJFRQVWDQWO\WR
VWDUWWKHILJKWZKLFKFRXOGHQGRQO\LQWKHGHDWKRIRQHRUWKHRWKHU(DUO\LQWKHWULSWKLVPLJKWKDYH
WDNHQSODFHKDGLWQRWEHHQIRUDQXQZRQWHGDFFLGHQW$WWKHHQGRIWKLVGD\WKH\PDGHDEOHDNDQG
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
PLVHUDEOH FDPS RQ WKH VKRUH RI /DNH /H %DUJH 'ULYLQJ VQRZ D ZLQG WKDW FXW OLNH D ZKLWHKRW
NQLIHDQGGDUNQHVVKDGIRUFHGWKHPWRJURSHIRUDFDPSLQJSODFH7KH\FRXOGKDUGO\KDYHIDUHG
ZRUVH$WWKHLUEDFNVURVHDSHUSHQGLFXODUZDOORIURFNDQG3HUUDXOWDQG)UDQFRLVZHUHFRPSHOOHG
WR PDNH WKHLU ILUH DQG VSUHDG WKHLU VOHHSLQJ UREHV RQ WKH LFH RI WKH ODNH LWVHOI 7KH WHQW WKH\ KDG
GLVFDUGHGDW'\HDLQRUGHUWRWUDYHOOLJKW$IHZVWLFNVRIGULIWZRRGIXUQLVKHGWKHPZLWKDILUHWKDW
WKDZHGGRZQWKURXJKWKHLFHDQGOHIWWKHPWRHDWVXSSHULQWKHGDUN
&ORVHLQXQGHUWKHVKHOWHULQJURFN%XFNPDGHKLVQHVW6RVQXJDQGZDUPZDVLWWKDWKHZDV
ORDWK WR OHDYH LW ZKHQ )UDQFRLV GLVWULEXWHG WKH ILVK ZKLFK KH KDG ILUVW WKDZHG RYHU WKH ILUH %XW
ZKHQ%XFNILQLVKHGKLVUDWLRQDQGUHWXUQHGKHIRXQGKLVQHVWRFFXSLHG$ZDUQLQJVQDUOWROGKLP
WKDWWKHWUHVSDVVHUZDV6SLW]7LOOQRZ%XFNKDGDYRLGHGWURXEOHZLWKKLVHQHP\EXWWKLVZDVWRR
PXFK7KHEHDVWLQKLPURDUHG+HVSUDQJXSRQ6SLW]ZLWKDIXU\ZKLFKVXUSULVHGWKHPERWKDQG
6SLW]SDUWLFXODUO\IRUKLVZKROHH[SHULHQFHZLWK%XFNKDGJRQHWRWHDFKKLPWKDWKLVULYDOZDVDQ
XQXVXDOO\WLPLGGRJZKRPDQDJHGWRKROGKLVRZQRQO\EHFDXVHRIKLVJUHDWZHLJKWDQGVL]H
)UDQFRLV ZDV VXUSULVHG WRR ZKHQ WKH\ VKRW RXW LQ D WDQJOH IURP WKH GLVUXSWHG QHVW DQG KH
GLYLQHG WKH FDXVH RI WKH WURXEOH $DDK KH FULHG WR %XFN *LI LW WR KHHP E\ *DU *LI LW WR
KHHPWKHGLUW\W
HHI
6SLW]ZDVHTXDOO\ZLOOLQJ+HZDVFU\LQJZLWKVKHHUUDJHDQGHDJHUQHVVDVKHFLUFOHGEDFNDQG
IRUWKIRUDFKDQFHWRVSULQJLQ%XFNZDVQROHVVHDJHUDQGQROHVVFDXWLRXVDVKHOLNHZLVHFLUFOHG
EDFNDQGIRUWKIRUWKHDGYDQWDJH%XWLWZDVWKHQWKDWWKHXQH[SHFWHGKDSSHQHGWKHWKLQJZKLFK
SURMHFWHGWKHLUVWUXJJOHIRUVXSUHPDF\IDULQWRWKHIXWXUHSDVWPDQ\DZHDU\PLOHRIWUDLODQGWRLO
$QRDWKIURP3HUUDXOWWKHUHVRXQGLQJLPSDFWRIDFOXEXSRQDERQ\IUDPHDQGDVKULOO\HOSRI
SDLQKHUDOGHGWKHEUHDNLQJIRUWKRISDQGHPRQLXP7KHFDPSZDVVXGGHQO\GLVFRYHUHGWREHDOLYH
ZLWKVNXONLQJIXUU\IRUPV³VWDUYLQJKXVNLHVIRXURUILYHVFRUHRIWKHPZKRKDGVFHQWHGWKHFDPS
IURPVRPH,QGLDQYLOODJH7KH\KDGFUHSWLQZKLOH%XFNDQG6SLW]ZHUHILJKWLQJDQGZKHQWKHWZR
PHQ VSUDQJ DPRQJ WKHP ZLWK VWRXW FOXEV WKH\ VKRZHG WKHLU WHHWK DQG IRXJKW EDFN 7KH\ ZHUH
FUD]HG E\ WKH VPHOO RI WKH IRRG 3HUUDXOW IRXQG RQH ZLWK KHDG EXULHG LQ WKH JUXEER[ +LV FOXE
ODQGHGKHDYLO\RQWKHJDXQWULEVDQGWKHJUXEER[ZDVFDSVL]HGRQWKHJURXQG2QWKHLQVWDQWD
VFRUHRIWKHIDPLVKHGEUXWHVZHUHVFUDPEOLQJIRUWKHEUHDGDQGEDFRQ7KHFOXEV IHOO XSRQ WKHP
XQKHHGHG7KH\\HOSHGDQGKRZOHGXQGHUWKHUDLQRIEORZVEXWVWUXJJOHGQRQHWKHOHVVPDGO\WLOO
WKHODVWFUXPEKDGEHHQGHYRXUHG
,QWKHPHDQWLPHWKHDVWRQLVKHGWHDPGRJVKDGEXUVWRXWRIWKHLUQHVWVRQO\WREHVHWXSRQE\WKH
ILHUFH LQYDGHUV 1HYHU KDG %XFN VHHQ VXFK GRJV ,W VHHPHG DV WKRXJK WKHLU ERQHV ZRXOG EXUVW
WKURXJKWKHLUVNLQV7KH\ZHUHPHUHVNHOHWRQVGUDSHGORRVHO\LQGUDJJOHGKLGHVZLWKEOD]LQJH\HV
DQG VODYHUHG IDQJV %XW WKH KXQJHUPDGQHVV PDGH WKHP WHUULI\LQJ LUUHVLVWLEOH 7KHUH ZDV QR
RSSRVLQJWKHP7KHWHDPGRJVZHUHVZHSWEDFNDJDLQVWWKHFOLIIDWWKHILUVWRQVHW%XFNZDVEHVHW
E\ WKUHH KXVNLHV DQG LQ D WULFH KLV KHDG DQG VKRXOGHUV ZHUH ULSSHG DQG VODVKHG 7KH GLQ ZDV
IULJKWIXO%LOOHHZDVFU\LQJDVXVXDO'DYHDQG6ROOHNVGULSSLQJEORRGIURPDVFRUHRI ZRXQGV
ZHUHILJKWLQJEUDYHO\VLGHE\VLGH-RHZDVVQDSSLQJOLNHDGHPRQ2QFHKLVWHHWKFORVHGRQWKH
IRUHOHJRIDKXVN\DQGKHFUXQFKHGGRZQWKURXJKWKHERQH3LNHWKHPDOLQJHUHUOHDSHGXSRQWKH
FULSSOHG DQLPDO EUHDNLQJ LWV QHFN ZLWK D TXLFN IODVK RI WHHWK DQG D MHUN %XFN JRW D IURWKLQJ
DGYHUVDU\E\WKHWKURDWDQGZDVVSUD\HGZLWKEORRGZKHQKLVWHHWKVDQNWKURXJKWKHMXJXODU7KH
ZDUPWDVWHRILWLQKLVPRXWKJRDGHGKLPWRJUHDWHUILHUFHQHVV+HIOXQJKLPVHOIXSRQDQRWKHUDQG
DWWKHVDPHWLPHIHOWWHHWKVLQNLQWRKLVRZQWKURDW,WZDV6SLW]WUHDFKHURXVO\DWWDFNLQJIURPWKH
VLGH
3HUUDXOWDQG)UDQFRLVKDYLQJFOHDQHGRXWWKHLUSDUWRIWKHFDPSKXUULHGWRVDYHWKHLUVOHGGRJV
7KH ZLOG ZDYH RI IDPLVKHG EHDVWV UROOHG EDFN EHIRUH WKHP DQG %XFN VKRRN KLPVHOI IUHH %XW LW
ZDVRQO\IRUDPRPHQW7KHWZRPHQZHUHFRPSHOOHGWRUXQEDFNWRVDYHWKHJUXEXSRQZKLFKWKH
KXVNLHVUHWXUQHGWRWKHDWWDFNRQWKHWHDP%LOOHHWHUULILHGLQWREUDYHU\VSUDQJWKURXJKWKHVDYDJH
FLUFOHDQGIOHGDZD\RYHUWKHLFH3LNHDQG 'XE IROORZHG RQ KLV KHHOV ZLWK WKH UHVW RI WKH WHDP
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
EHKLQG$V%XFNGUHZKLPVHOIWRJHWKHUWRVSULQJDIWHUWKHPRXWRIWKHWDLORIKLVH\HKHVDZ6SLW]
UXVK XSRQ KLP ZLWK WKH HYLGHQW LQWHQWLRQ RI RYHUWKURZLQJ KLP 2QFH RII KLV IHHW DQG XQGHU WKDW
PDVVRIKXVNLHVWKHUHZDVQRKRSHIRUKLP%XWKHEUDFHGKLPVHOIWRWKHVKRFNRI6SLW]
VFKDUJH
WKHQMRLQHGWKHIOLJKWRXWRQWKHODNH
/DWHUWKHQLQHWHDPGRJVJDWKHUHGWRJHWKHUDQGVRXJKWVKHOWHULQWKHIRUHVW7KRXJKXQSXUVXHG
WKH\ZHUHLQDVRUU\SOLJKW7KHUHZDVQRWRQHZKRZDVQRWZRXQGHGLQIRXURUILYHSODFHVZKLOH
VRPHZHUHZRXQGHGJULHYRXVO\'XEZDVEDGO\LQMXUHGLQDKLQGOHJ'ROO\WKHODVWKXVN\DGGHG
WRWKHWHDPDW'\HDKDGDEDGO\WRUQWKURDW-RHKDGORVWDQH\HZKLOH%LOOHHWKHJRRGQDWXUHG
ZLWKDQHDUFKHZHGDQGUHQWWRULEERQVFULHGDQGZKLPSHUHGWKURXJKRXWWKHQLJKW$WGD\EUHDN
WKH\ OLPSHG ZDULO\ EDFN WR FDPS WR ILQG WKH PDUDXGHUV JRQH DQG WKH WZR PHQ LQ EDG WHPSHUV
)XOO\ KDOI WKHLU JUXE VXSSO\ ZDV JRQH 7KH KXVNLHV KDG FKHZHG WKURXJK WKH VOHG ODVKLQJV DQG
FDQYDVFRYHULQJV,QIDFWQRWKLQJQRPDWWHUKRZUHPRWHO\HDWDEOHKDGHVFDSHGWKHP7KH\KDG
HDWHQDSDLURI3HUUDXOW
VPRRVHKLGHPRFFDVLQVFKXQNVRXWRIWKHOHDWKHUWUDFHVDQGHYHQWZRIHHW
RIODVKIURPWKHHQGRI)UDQFRLV
VZKLS+HEURNHIURPDPRXUQIXOFRQWHPSODWLRQRILWWRORRNRYHU
KLVZRXQGHGGRJV
$KP\IULHQ
VKHVDLGVRIWO\PHEEHLWPHN\RXPDGGRJGRVHPDQ\ELWHV0HEEHDOOPDG
GRJVDFUHGDP:RW\RXW
LQNHK3HUUDXOW"
7KH FRXULHU VKRRN KLV KHDG GXELRXVO\ :LWK IRXU KXQGUHG PLOHV RI WUDLO VWLOO EHWZHHQ KLP DQG
'DZVRQKHFRXOGLOODIIRUGWRKDYHPDGQHVVEUHDNRXWDPRQJKLVGRJV7ZRKRXUVRIFXUVLQJDQG
H[HUWLRQ JRW WKH KDUQHVVHV LQWR VKDSH DQG WKH ZRXQGVWLIIHQHG WHDP ZDV XQGHU ZD\ VWUXJJOLQJ
SDLQIXOO\RYHUWKHKDUGHVWSDUWRIWKHWUDLOWKH\KDG\HWHQFRXQWHUHGDQGIRUWKDWPDWWHUWKHKDUGHVW
EHWZHHQWKHPDQG'DZVRQ
7KH7KLUW\0LOH5LYHUZDVZLGHRSHQ,WVZLOGZDWHUGHILHGWKHIURVWDQGLWZDVLQWKHHGGLHV
RQO\ DQG LQ WKH TXLHW SODFHV WKDW WKH LFH KHOG DW DOO 6L[ GD\V RI H[KDXVWLQJ WRLO ZHUH UHTXLUHG WR
FRYHUWKRVHWKLUW\WHUULEOHPLOHV$QGWHUULEOHWKH\ZHUHIRUHYHU\IRRWRIWKHPZDVDFFRPSOLVKHGDW
WKH ULVN RI OLIH WR GRJ DQG PDQ $ GR]HQ WLPHV 3HUUDXOW QRVLQJ WKH ZD\ EURNH WKURXJK WKH LFH
EULGJHVEHLQJVDYHGE\WKHORQJSROHKHFDUULHGZKLFKKHVRKHOGWKDWLWIHOOHDFKWLPHDFURVVWKH
KROHPDGHE\KLVERG\%XWDFROGVQDSZDVRQWKHWKHUPRPHWHUUHJLVWHULQJILIW\EHORZ]HURDQG
HDFKWLPHKHEURNHWKURXJKKHZDVFRPSHOOHGIRUYHU\OLIHWREXLOGDILUHDQGGU\KLVJDUPHQWV
1RWKLQJ GDXQWHG KLP ,W ZDV EHFDXVH QRWKLQJ GDXQWHG KLP WKDW KH KDG EHHQ FKRVHQ IRU
JRYHUQPHQWFRXULHU+HWRRNDOOPDQQHURIULVNVUHVROXWHO\WKUXVWLQJKLVOLWWOHZHD]HQHGIDFHLQWR
WKHIURVWDQGVWUXJJOLQJRQIURPGLPGDZQWRGDUN+HVNLUWHGWKHIURZQLQJVKRUHVRQULPLFHWKDW
EHQWDQGFUDFNOHGXQGHUIRRWDQGXSRQZKLFKWKH\GDUHGQRWKDOW2QFHWKHVOHGEURNH WKURXJK
ZLWK'DYHDQG%XFNDQGWKH\ZHUHKDOIIUR]HQDQGDOOEXWGURZQHGE\WKHWLPHWKH\ZHUHGUDJJHG
RXW7KHXVXDOILUHZDVQHFHVVDU\WRVDYHWKHP7KH\ZHUHFRDWHGVROLGO\ZLWKLFHDQGWKHWZRPHQ
NHSWWKHPRQWKHUXQDURXQGWKHILUHVZHDWLQJDQGWKDZLQJVRFORVHWKDWWKH\ZHUHVLQJHGE\WKH
IODPHV
$WDQRWKHUWLPH6SLW]ZHQWWKURXJKGUDJJLQJWKHZKROHWHDPDIWHUKLPXSWR%XFNZKRVWUDLQHG
EDFNZDUG ZLWK DOO KLV VWUHQJWK KLV IRUH SDZV RQ WKH VOLSSHU\ HGJH DQG WKH LFH TXLYHULQJ DQG
VQDSSLQJDOODURXQG%XWEHKLQGKLPZDV'DYHOLNHZLVHVWUDLQLQJEDFNZDUGDQGEHKLQGWKHVOHG
ZDV)UDQFRLVSXOOLQJWLOOKLVWHQGRQVFUDFNHG
$JDLQWKHULPLFHEURNHDZD\EHIRUHDQGEHKLQGDQGWKHUHZDVQRHVFDSHH[FHSWXSWKHFOLII
3HUUDXOW VFDOHG LW E\ D PLUDFOH ZKLOH )UDQFRLV SUD\HG IRU MXVW WKDW PLUDFOH DQG ZLWK HYHU\ WKRQJ
DQGVOHGODVKLQJDQGWKHODVWELWRIKDUQHVVURYHLQWRDORQJURSHWKHGRJVZHUHKRLVWHGRQHE\RQH
WRWKHFOLIIFUHVW)UDQFRLVFDPHXSODVWDIWHUWKHVOHGDQGORDG7KHQFDPHWKHVHDUFKIRUDSODFHWR
GHVFHQGZKLFKGHVFHQWZDVXOWLPDWHO\PDGHE\WKHDLGRIWKHURSHDQGQLJKWIRXQGWKHPEDFNRQ
WKHULYHUZLWKDTXDUWHURIDPLOHWRWKHGD\
VFUHGLW
%\WKHWLPHWKH\PDGHWKH+RRWDOLQTXDDQGJRRGLFH%XFNZDVSOD\HGRXW7KHUHVWRIWKHGRJV
ZHUHLQOLNHFRQGLWLRQEXW3HUUDXOWWRPDNHXSORVWWLPHSXVKHGWKHPODWHDQGHDUO\7KHILUVWGD\
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
WKH\FRYHUHGWKLUW\ILYHPLOHVWRWKH%LJ6DOPRQWKHQH[WGD\WKLUW\ILYHPRUHWRWKH/LWWOH6DOPRQ
WKHWKLUGGD\IRUW\PLOHVZKLFKEURXJKWWKHPZHOOXSWRZDUGWKH)LYH)LQJHUV
%XFN
VIHHWZHUHQRWVRFRPSDFWDQGKDUGDVWKHIHHWRIWKHKXVNLHV+LVKDGVRIWHQHGGXULQJWKH
PDQ\JHQHUDWLRQVVLQFHWKHGD\KLVODVWZLOGDQFHVWRUZDVWDPHGE\DFDYHGZHOOHURUULYHUPDQ
$OOGD\ORQJKHOLPSHGLQDJRQ\DQGFDPSRQFHPDGHOD\GRZQOLNHDGHDGGRJ+XQJU\DVKH
ZDVKHZRXOGQRWPRYHWRUHFHLYHKLVUDWLRQRIILVKZKLFK)UDQFRLVKDGWREULQJWRKLP$OVRWKH
GRJGULYHUUXEEHG%XFN
VIHHWIRUKDOIDQKRXUHDFKQLJKWDIWHUVXSSHUDQGVDFULILFHGWKHWRSVRIKLV
RZQPRFFDVLQVWRPDNHIRXUPRFFDVLQVIRU%XFN7KLVZDVDJUHDWUHOLHIDQG%XFNFDXVHGHYHQ
WKH ZHD]HQHG IDFH RI 3HUUDXOW WR WZLVW LWVHOI LQWR D JULQ RQH PRUQLQJ ZKHQ )UDQFRLV IRUJRW WKH
PRFFDVLQV DQG %XFN OD\ RQ KLV EDFN KLV IRXU IHHW ZDYLQJ DSSHDOLQJO\ LQ WKH DLU DQG UHIXVHG WR
EXGJHZLWKRXWWKHP/DWHUKLVIHHWJUHZKDUGWRWKHWUDLODQGWKHZRUQRXWIRRWJHDUZDV WKURZQ
DZD\
$WWKH3HOO\RQHPRUQLQJDVWKH\ZHUHKDUQHVVLQJXS'ROO\ZKRKDGQHYHUEHHQFRQVSLFXRXV
IRUDQ\WKLQJZHQWVXGGHQO\PDG6KHDQQRXQFHGKHUFRQGLWLRQE\DORQJKHDUWEUHDNLQJZROIKRZO
WKDWVHQWHYHU\GRJEULVWOLQJZLWKIHDUWKHQVSUDQJVWUDLJKWIRU%XFN+HKDGQHYHUVHHQDGRJJR
PDGQRUGLGKHKDYHDQ\UHDVRQWRIHDUPDGQHVV\HWKHNQHZWKDWKHUHZDVKRUURUDQGIOHGDZD\
IURPLWLQDSDQLF6WUDLJKWDZD\KHUDFHGZLWK'ROO\SDQWLQJDQGIURWKLQJRQHOHDSEHKLQGQRU
FRXOGVKHJDLQRQKLPVRJUHDWZDVKLVWHUURUQRUFRXOGKHOHDYHKHUVRJUHDWZDVKHUPDGQHVV
+HSOXQJHGWKURXJKWKHZRRGHGEUHDVWRIWKHLVODQGIOHZGRZQWRWKHORZHUHQGFURVVHGDEDFN
FKDQQHOILOOHGZLWKURXJKLFHWRDQRWKHULVODQGJDLQHGDWKLUGLVODQGFXUYHGEDFNWRWKHPDLQULYHU
DQGLQGHVSHUDWLRQVWDUWHGWRFURVVLW$QGDOOWKHWLPHWKRXJKKHGLGQRWORRNKHFRXOGKHDU KHU
VQDUOLQJMXVWRQHOHDSEHKLQG)UDQFRLVFDOOHGWRKLPDTXDUWHURIDPLOHDZD\DQGKHGRXEOHGEDFN
VWLOORQHOHDSDKHDGJDVSLQJSDLQIXOO\IRUDLUDQGSXWWLQJDOOKLVIDLWKLQWKDW)UDQFRLVZRXOGVDYH
KLP7KHGRJGULYHUKHOGWKHD[HSRLVHGLQKLVKDQGDQGDV%XFNVKRWSDVWKLP WKH D[H FUDVKHG
GRZQXSRQPDG'ROO\
VKHDG
%XFNVWDJJHUHGRYHUDJDLQVWWKHVOHGH[KDXVWHGVREELQJIRUEUHDWKKHOSOHVV 7KLV ZDV 6SLW]
V
RSSRUWXQLW\+HVSUDQJXSRQ%XFNDQGWZLFHKLVWHHWKVDQNLQWRKLVXQUHVLVWLQJIRHDQGULSSHGDQG
WRUH WKH IOHVK WR WKH ERQH 7KHQ )UDQFRLV
V ODVK GHVFHQGHG DQG %XFN KDG WKH VDWLVIDFWLRQ RI
ZDWFKLQJ6SLW]UHFHLYHWKHZRUVWZKLSSLQJDV\HWDGPLQLVWHUHGWRDQ\RIWKHWHDPV
2QHGHYLOGDW6SLW]UHPDUNHG3HUUDXOW6RPHGDPGD\KHHPNHHOGDW%XFN
'DW%XFNWZRGHYLOVZDV)UDQFRLV
VUHMRLQGHU$OOGHWDP,ZDWFKGDW%XFN,NQRZIRUVXUH
/LVVHQVRPHGDPILQHGD\KHHPJHWPDGODNKHOODQ
GHQKHHPFKHZGDW6SLW]DOOXSDQ
VSLWKHHP
RXWRQGHVQRZ6XUH,NQRZ
)URP WKHQ RQ LW ZDV ZDU EHWZHHQ WKHP 6SLW] DV OHDGGRJ DQG DFNQRZOHGJHG PDVWHU RI WKH
WHDPIHOWKLVVXSUHPDF\WKUHDWHQHGE\WKLVVWUDQJH6RXWKODQGGRJ$QGVWUDQJH%XFNZDVWRKLP
IRURIWKHPDQ\6RXWKODQGGRJVKHKDGNQRZQQRWRQHKDGVKRZQXSZRUWKLO\LQFDPSDQGRQ
WUDLO7KH\ZHUHDOOWRRVRIWG\LQJXQGHUWKHWRLOWKHIURVWDQGVWDUYDWLRQ%XFNZDVWKHH[FHSWLRQ
+HDORQHHQGXUHGDQGSURVSHUHGPDWFKLQJWKHKXVN\LQVWUHQJWKVDYDJHU\DQGFXQQLQJ7KHQKH
ZDVDPDVWHUIXOGRJDQGZKDWPDGHKLPGDQJHURXVZDVWKHIDFWWKDWWKHFOXERIWKHPDQLQWKHUHG
VZHDWHU KDG NQRFNHG DOO EOLQG SOXFN DQG UDVKQHVV RXW RI KLV GHVLUH IRU PDVWHU\ +H ZDV
SUHHPLQHQWO\FXQQLQJDQGFRXOGELGHKLVWLPHZLWKDSDWLHQFHWKDWZDVQRWKLQJOHVVWKDQSULPLWLYH
,WZDVLQHYLWDEOHWKDWWKHFODVKIRUOHDGHUVKLSVKRXOGFRPH%XFNZDQWHGLW+HZDQWHGLWEHFDXVH
LWZDVKLVQDWXUHEHFDXVHKHKDGEHHQJULSSHGWLJKWE\WKDWQDPHOHVVLQFRPSUHKHQVLEOHSULGHRI
WKHWUDLODQGWUDFH³WKDWSULGHZKLFKKROGVGRJVLQWKHWRLOWRWKHODVWJDVSZKLFKOXUHVWKHPWRGLH
MR\IXOO\LQWKHKDUQHVVDQGEUHDNVWKHLUKHDUWVLIWKH\DUHFXWRXWRIWKHKDUQHVV7KLVZDVWKHSULGH
RI'DYHDVZKHHOGRJRI6ROOHNVDVKHSXOOHGZLWKDOOKLVVWUHQJWKWKHSULGHWKDWODLGKROGRIWKHP
DW EUHDN RI FDPS WUDQVIRUPLQJ WKHP IURP VRXU DQG VXOOHQ EUXWHV LQWR VWUDLQLQJ HDJHU DPELWLRXV
FUHDWXUHVWKHSULGHWKDWVSXUUHGWKHPRQDOOGD\DQGGURSSHGWKHPDWSLWFKRIFDPSDWQLJKWOHWWLQJ
WKHPIDOOEDFNLQWRJORRP\XQUHVWDQGXQFRQWHQW7KLVZDVWKHSULGHWKDWERUHXS6SLW]DQGPDGH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
KLPWKUDVKWKHVOHGGRJVZKREOXQGHUHGDQGVKLUNHGLQWKHWUDFHVRUKLGDZD\DWKDUQHVVXSWLPHLQ
WKHPRUQLQJ/LNHZLVHLWZDVWKLVSULGHWKDWPDGHKLPIHDU%XFNDVDSRVVLEOHOHDGGRJ$QGWKLV
ZDV%XFN
VSULGHWRR
+HRSHQO\WKUHDWHQHGWKHRWKHU
VOHDGHUVKLS+HFDPHEHWZHHQKLPDQGWKHVKLUNVKHVKRXOGKDYH
SXQLVKHG $QG KH GLG LW GHOLEHUDWHO\ 2QH QLJKW WKHUH ZDV D KHDY\ VQRZIDOO DQG LQ WKH PRUQLQJ
3LNH WKH PDOLQJHUHU GLG QRW DSSHDU +H ZDV VHFXUHO\ KLGGHQ LQ KLV QHVW XQGHU D IRRW RI VQRZ
)UDQFRLV FDOOHG KLP DQG VRXJKW KLP LQ YDLQ 6SLW] ZDV ZLOG ZLWK ZUDWK +H UDJHG WKURXJK WKH
FDPS VPHOOLQJ DQG GLJJLQJ LQ HYHU\ OLNHO\ SODFH VQDUOLQJ VR IULJKWIXOO\ WKDW 3LNH KHDUG DQG
VKLYHUHGLQKLVKLGLQJSODFH
%XWZKHQKHZDVDWODVWXQHDUWKHGDQG6SLW]IOHZDWKLPWRSXQLVKKLP%XFNIOHZZLWKHTXDO
UDJHLQEHWZHHQ6RXQH[SHFWHGZDVLWDQGVRVKUHZGO\PDQDJHGWKDW6SLW]ZDVKXUOHGEDFNZDUG
DQGRIIKLVIHHW3LNHZKRKDGEHHQWUHPEOLQJDEMHFWO\WRRNKHDUWDWWKLVRSHQPXWLQ\DQGVSUDQJ
XSRQKLVRYHUWKURZQOHDGHU%XFNWRZKRPIDLUSOD\ZDVDIRUJRWWHQFRGHOLNHZLVHVSUDQJXSRQ
6SLW] %XW )UDQFRLV FKXFNOLQJ DW WKH LQFLGHQW ZKLOH XQVZHUYLQJ LQ WKH DGPLQLVWUDWLRQ RI MXVWLFH
EURXJKWKLVODVKGRZQXSRQ%XFNZLWKDOOKLVPLJKW7KLVIDLOHGWRGULYH%XFNIURPKLVSURVWUDWH
ULYDODQGWKHEXWWRIWKHZKLSZDVEURXJKWLQWRSOD\+DOIVWXQQHGE\WKHEORZ%XFNZDVNQRFNHG
EDFNZDUG DQG WKH ODVK ODLG XSRQ KLP DJDLQ DQG DJDLQ ZKLOH 6SLW] VRXQGO\ SXQLVKHG WKH PDQ\
WLPHVRIIHQGLQJ3LNH
,Q WKH GD\V WKDW IROORZHG DV 'DZVRQ JUHZ FORVHU DQG FORVHU %XFN VWLOO FRQWLQXHG WR LQWHUIHUH
EHWZHHQ 6SLW] DQG WKH FXOSULWV EXW KH GLG LW FUDIWLO\ ZKHQ )UDQFRLV ZDV QRW DURXQG :LWK WKH
FRYHUWPXWLQ\RI%XFNDJHQHUDOLQVXERUGLQDWLRQVSUDQJXSDQGLQFUHDVHG'DYHDQG6ROOHNVZHUH
XQDIIHFWHGEXWWKHUHVWRIWKHWHDPZHQWIURPEDGWRZRUVH7KLQJVQRORQJHU ZHQW ULJKW 7KHUH
ZDVFRQWLQXDOELFNHULQJDQGMDQJOLQJ7URXEOHZDVDOZD\VDIRRWDQGDWWKHERWWRPRILWZDV%XFN
+H NHSW )UDQFRLV EXV\ IRU WKH GRJGULYHU ZDV LQ FRQVWDQW DSSUHKHQVLRQ RI WKH OLIHDQGGHDWK
VWUXJJOHEHWZHHQWKHWZR ZKLFK KH NQHZPXVWWDNH SODFH VRRQHU RU ODWHU DQGRQ PRUH WKDQ RQH
QLJKWWKHVRXQGVRITXDUUHOOLQJDQGVWULIHDPRQJWKHRWKHUGRJVWXUQHGKLPRXWRIKLVVOHHSLQJUREH
IHDUIXOWKDW%XFNDQG6SLW]ZHUHDWLW
%XW WKH RSSRUWXQLW\ GLG QRW SUHVHQW LWVHOI DQG WKH\ SXOOHG LQWR 'DZVRQ RQH GUHDU\ DIWHUQRRQ
ZLWKWKHJUHDWILJKWVWLOOWRFRPH+HUHZHUHPDQ\PHQDQGFRXQWOHVVGRJVDQG%XFNIRXQGWKHP
DOODWZRUN,WVHHPHGWKHRUGDLQHGRUGHURIWKLQJVWKDWGRJVVKRXOGZRUN$OOGD\WKH\VZXQJXS
DQGGRZQ WKH PDLQ VWUHHW LQ ORQJ WHDPV DQG LQ WKH QLJKW WKHLU MLQJOLQJ EHOOV VWLOO ZHQW E\ 7KH\
KDXOHGFDELQORJVDQGILUHZRRGIUHLJKWHGXSWRWKHPLQHVDQGGLGDOOPDQQHURIZRUNWKDWKRUVHV
GLGLQWKH6DQWD&ODUD9DOOH\+HUHDQGWKHUH%XFNPHW6RXWKODQGGRJVEXWLQWKHPDLQWKH\ZHUH
WKHZLOGZROIKXVN\EUHHG(YHU\QLJKWUHJXODUO\DWQLQHDWWZHOYHDWWKUHHWKH\OLIWHGDQRFWXUQDO
VRQJDZHLUGDQGHHULHFKDQWLQZKLFKLWZDV%XFN
VGHOLJKWWRMRLQ
:LWKWKHDXURUDERUHDOLVIODPLQJFROGO\RYHUKHDGRUWKHVWDUVOHDSLQJLQWKHIURVWGDQFHDQGWKH
ODQGQXPEDQGIUR]HQXQGHULWVSDOORIVQRZWKLVVRQJRIWKHKXVNLHVPLJKWKDYHEHHQWKHGHILDQFH
RIOLIHRQO\LWZDVSLWFKHGLQPLQRUNH\ZLWKORQJGUDZQZDLOLQJVDQGKDOIVREVDQGZDVPRUHWKH
SOHDGLQJRIOLIHWKHDUWLFXODWHWUDYDLORIH[LVWHQFH,WZDVDQROGVRQJROGDVWKHEUHHGLWVHOI³RQHRI
WKHILUVWVRQJVRIWKH\RXQJHUZRUOGLQDGD\ZKHQVRQJVZHUHVDG,WZDVLQYHVWHGZLWKWKHZRHRI
XQQXPEHUHGJHQHUDWLRQVWKLVSODLQWE\ZKLFK%XFNZDVVRVWUDQJHO\VWLUUHG:KHQKHPRDQHGDQG
VREEHGLWZDVZLWKWKHSDLQRIOLYLQJWKDWZDVRIROGWKHSDLQRIKLVZLOGIDWKHUVDQGWKHIHDUDQG
P\VWHU\RIWKHFROGDQGGDUNWKDWZDVWRWKHPIHDUDQGP\VWHU\$QGWKDWKHVKRXOGEHVWLUUHGE\LW
PDUNHGWKHFRPSOHWHQHVVZLWKZKLFKKHKDUNHGEDFNWKURXJKWKHDJHVRIILUHDQGURRIWRWKHUDZ
EHJLQQLQJVRIOLIHLQWKHKRZOLQJDJHV
6HYHQGD\VIURPWKHWLPHWKH\SXOOHGLQWR'DZVRQWKH\GURSSHGGRZQWKHVWHHS EDQN E\ WKH
%DUUDFNVWRWKH<XNRQ7UDLODQGSXOOHGIRU'\HDDQG6DOW:DWHU3HUUDXOWZDVFDUU\LQJGHVSDWFKHV
LIDQ\WKLQJPRUHXUJHQWWKDQWKRVHKHKDGEURXJKWLQDOVRWKHWUDYHOSULGHKDGJULSSHGKLPDQGKH
SXUSRVHGWRPDNHWKHUHFRUGWULSRIWKH\HDU6HYHUDOWKLQJVIDYRUHGKLPLQ WKLV 7KH ZHHN
V UHVW
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
KDGUHFXSHUDWHGWKHGRJVDQGSXWWKHPLQWKRURXJKWULP7KHWUDLOWKH\KDGEURNHQLQWRWKHFRXQWU\
ZDVSDFNHGKDUGE\ODWHUMRXUQH\HUV$QGIXUWKHUWKHSROLFHKDGDUUDQJHGLQWZRRUWKUHHSODFHV
GHSRVLWVRIJUXEIRUGRJDQGPDQDQGKHZDVWUDYHOOLQJOLJKW
7KH\PDGH6L[W\0LOHZKLFKLVDILIW\PLOHUXQRQWKHILUVWGD\DQGWKHVHFRQGGD\VDZWKHP
ERRPLQJXSWKH<XNRQZHOORQWKHLUZD\WR3HOO\%XWVXFK VSOHQGLG UXQQLQJ ZDV DFKLHYHG QRW
ZLWKRXWJUHDWWURXEOHDQGYH[DWLRQRQWKHSDUWRI)UDQFRLV7KHLQVLGLRXVUHYROWOHGE\%XFNKDG
GHVWUR\HG WKH VROLGDULW\ RI WKH WHDP ,W QR ORQJHU ZDV DV RQH GRJ OHDSLQJ LQ WKH WUDFHV 7KH
HQFRXUDJHPHQW%XFNJDYHWKHUHEHOVOHGWKHPLQWRDOONLQGVRISHWW\PLVGHPHDQRUV1RPRUHZDV
6SLW]DOHDGHUJUHDWO\WREHIHDUHG7KHROGDZHGHSDUWHGDQGWKH\JUHZHTXDOWRFKDOOHQJLQJKLV
DXWKRULW\ 3LNH UREEHG KLP RI KDOI D ILVK RQH QLJKW DQG JXOSHG LW GRZQ XQGHU WKH SURWHFWLRQ RI
%XFN $QRWKHU QLJKW 'XE DQG -RH IRXJKW 6SLW] DQG PDGH KLP IRUHJR WKH SXQLVKPHQW WKH\
GHVHUYHG $QG HYHQ %LOOHH WKH JRRGQDWXUHG ZDV OHVV JRRGQDWXUHG DQG ZKLQHG QRW KDOI VR
SODFDWLQJO\ DV LQ IRUPHU GD\V %XFN QHYHU FDPH QHDU 6SLW] ZLWKRXW VQDUOLQJ DQG EULVWOLQJ
PHQDFLQJO\ ,Q IDFW KLV FRQGXFW DSSURDFKHG WKDW RI D EXOO\ DQG KH ZDV JLYHQ WR VZDJJHULQJ XS
DQGGRZQEHIRUH6SLW]
VYHU\QRVH
7KHEUHDNLQJGRZQRIGLVFLSOLQHOLNHZLVHDIIHFWHGWKHGRJVLQWKHLUUHODWLRQV ZLWK RQH DQRWKHU
7KH\ TXDUUHOOHG DQG ELFNHUHG PRUH WKDQ HYHU DPRQJ WKHPVHOYHV WLOO DW WLPHV WKH FDPS ZDV D
KRZOLQJEHGODP'DYHDQG6ROOHNVDORQHZHUHXQDOWHUHGWKRXJKWKH\ZHUHPDGHLUULWDEOHE\WKH
XQHQGLQJVTXDEEOLQJ)UDQFRLVVZRUHVWUDQJHEDUEDURXVRDWKVDQGVWDPSHGWKHVQRZLQIXWLOHUDJH
DQGWRUHKLVKDLU+LVODVKZDVDOZD\VVLQJLQJDPRQJWKHGRJVEXWLWZDVRIVPDOODYDLO'LUHFWO\
KLVEDFNZDVWXUQHGWKH\ZHUHDWLWDJDLQ+HEDFNHGXS6SLW]ZLWKKLVZKLSZKLOH%XFNEDFNHG
XS WKH UHPDLQGHU RI WKH WHDP )UDQFRLV NQHZ KH ZDV EHKLQG DOO WKH WURXEOH DQG %XFN NQHZ KH
NQHZEXW%XFNZDVWRRFOHYHUHYHUDJDLQWREHFDXJKWUHGKDQGHG +H ZRUNHG IDLWKIXOO\ LQ WKH
KDUQHVVIRUWKHWRLOKDGEHFRPHDGHOLJKWWRKLP\HWLWZDVDJUHDWHUGHOLJKWVO\O\WRSUHFLSLWDWHD
ILJKWDPRQJVWKLVPDWHVDQGWDQJOHWKHWUDFHV
$W WKH PRXWK RI WKH 7DKNHHQD RQH QLJKW DIWHU VXSSHU 'XE WXUQHG XS D VQRZVKRH UDEELW
EOXQGHUHGLWDQGPLVVHG,QDVHFRQGWKHZKROHWHDPZDVLQIXOOFU\$KXQGUHG\DUGVDZD\ZDVD
FDPSRIWKH1RUWKZHVW3ROLFHZLWKILIW\GRJVKXVNLHVDOOZKRMRLQHGWKHFKDVH7KHUDEELWVSHG
GRZQWKHULYHU WXUQHG RII LQWR D VPDOO FUHHN XS WKH IUR]HQ EHG RI ZKLFK LW KHOG VWHDGLO\ ,W UDQ
OLJKWO\RQWKHVXUIDFHRIWKHVQRZZKLOHWKHGRJVSORXJKHGWKURXJKE\PDLQVWUHQJWK%XFNOHGWKH
SDFNVL[W\VWURQJDURXQGEHQG DIWHU EHQG EXW KH FRXOG QRW JDLQ +H OD\ GRZQ ORZ WR WKH UDFH
ZKLQLQJ HDJHUO\ KLV VSOHQGLG ERG\ IODVKLQJ IRUZDUG OHDS E\ OHDS LQ WKH ZDQ ZKLWH PRRQOLJKW
$QGOHDSE\OHDSOLNHVRPHSDOHIURVWZUDLWKWKHVQRZVKRHUDEELWIODVKHGRQDKHDG
$OOWKDWVWLUULQJRIROGLQVWLQFWVZKLFKDWVWDWHGSHULRGVGULYHVPHQRXWIURPWKHVRXQGLQJFLWLHVWR
IRUHVWDQGSODLQWRNLOOWKLQJVE\FKHPLFDOO\SURSHOOHGOHDGHQSHOOHWVWKHEORRGOXVWWKHMR\WRNLOO³
DOOWKLVZDV%XFN
VRQO\LWZDVLQILQLWHO\PRUHLQWLPDWH+HZDVUDQJLQJDWWKHKHDG RI WKH SDFN
UXQQLQJWKHZLOGWKLQJGRZQWKHOLYLQJPHDWWRNLOOZLWKKLVRZQWHHWKDQGZDVKKLVPX]]OHWRWKH
H\HVLQZDUPEORRG
7KHUHLVDQHFVWDV\WKDWPDUNVWKHVXPPLWRIOLIHDQGEH\RQGZKLFKOLIHFDQQRWULVH$QGVXFKLV
WKH SDUDGR[ RI OLYLQJ WKLV HFVWDV\ FRPHV ZKHQ RQH LV PRVW DOLYH DQG LW FRPHV DV D FRPSOHWH
IRUJHWIXOQHVVWKDWRQHLVDOLYH7KLVHFVWDV\WKLVIRUJHWIXOQHVVRIOLYLQJFRPHVWRWKHDUWLVWFDXJKW
XSDQGRXWRIKLPVHOILQDVKHHWRIIODPHLWFRPHVWRWKHVROGLHUZDUPDGRQDVWULFNHQILHOGDQG
UHIXVLQJTXDUWHUDQGLWFDPHWR%XFNOHDGLQJWKHSDFNVRXQGLQJWKHROGZROIFU\VWUDLQLQJDIWHU
WKHIRRGWKDWZDVDOLYHDQGWKDWIOHGVZLIWO\EHIRUHKLPWKURXJKWKHPRRQOLJKW+HZDVVRXQGLQJ
WKHGHHSVRIKLVQDWXUHDQGRIWKHSDUWVRIKLVQDWXUHWKDWZHUHGHHSHUWKDQKHJRLQJEDFNLQWRWKH
ZRPERI7LPH+HZDVPDVWHUHGE\WKHVKHHUVXUJLQJRIOLIHWKHWLGDOZDYHRIEHLQJWKHSHUIHFW
MR\RIHDFKVHSDUDWHPXVFOHMRLQWDQGVLQHZLQWKDWLWZDVHYHU\WKLQJWKDWZDVQRWGHDWKWKDWLWZDV
DJORZDQGUDPSDQWH[SUHVVLQJLWVHOILQPRYHPHQWIO\LQJH[XOWDQWO\XQGHUWKHVWDUVDQGRYHUWKH
IDFHRIGHDGPDWWHUWKDWGLGQRWPRYH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
%XW6SLW]FROGDQGFDOFXODWLQJHYHQLQKLVVXSUHPHPRRGVOHIWWKHSDFNDQGFXWDFURVVDQDUURZ
QHFN RI ODQG ZKHUH WKH FUHHN PDGH D ORQJ EHQG DURXQG %XFN GLG QRW NQRZ RI WKLV DQG DV KH
URXQGHGWKHEHQGWKHIURVWZUDLWKRIDUDEELWVWLOOIOLWWLQJEHIRUHKLPKHVDZDQRWKHUDQGODUJHUIURVW
ZUDLWK OHDS IURP WKH RYHUKDQJLQJ EDQN LQWR WKH LPPHGLDWH SDWK RI WKH UDEELW ,W ZDV 6SLW] 7KH
UDEELW FRXOG QRW WXUQ DQG DV WKH ZKLWH WHHWK EURNH LWV EDFN LQ PLG DLU LW VKULHNHG DV ORXGO\ DV D
VWULFNHQPDQPD\VKULHN$WVRXQGRIWKLVWKHFU\RI/LIHSOXQJLQJGRZQIURP/LIH
VDSH[LQ WKH
JULSRI'HDWKWKHIDOOSDFNDW%XFN
VKHHOVUDLVHGDKHOO
VFKRUXVRIGHOLJKW
%XFNGLGQRWFU\RXW+HGLGQRWFKHFNKLPVHOIEXWGURYHLQXSRQ6SLW]VKRXOGHUWRVKRXOGHUVR
KDUGWKDWKHPLVVHGWKHWKURDW7KH\UROOHGRYHUDQGRYHULQWKHSRZGHU\VQRZ6SLW]JDLQHGKLV
IHHWDOPRVWDVWKRXJKKHKDGQRWEHHQRYHUWKURZQVODVKLQJ%XFNGRZQWKHVKRXOGHUDQGOHDSLQJ
FOHDU7ZLFHKLVWHHWKFOLSSHGWRJHWKHUOLNHWKHVWHHOMDZVRIDWUDSDVKHEDFNHGDZD\IRUEHWWHU
IRRWLQJZLWKOHDQDQGOLIWLQJOLSVWKDWZULWKHGDQGVQDUOHG
,QDIODVK%XFNNQHZLW7KHWLPHKDGFRPH,WZDVWRWKHGHDWK$VWKH\FLUFOHGDERXWVQDUOLQJ
HDUV ODLG EDFN NHHQO\ ZDWFKIXO IRU WKH DGYDQWDJH WKH VFHQH FDPH WR %XFN ZLWK D VHQVH RI
IDPLOLDULW\ +H VHHPHG WR UHPHPEHU LW DOO³WKH ZKLWH ZRRGV DQG HDUWK DQG PRRQOLJKW DQG WKH
WKULOORIEDWWOH2YHUWKHZKLWHQHVVDQGVLOHQFHEURRGHGDJKRVWO\FDOP7KHUHZDVQRWWKHIDLQWHVW
ZKLVSHURIDLU³QRWKLQJPRYHGQRWDOHDITXLYHUHGWKHYLVLEOHEUHDWKVRIWKHGRJVULVLQJVORZO\
DQGOLQJHULQJLQWKHIURVW\DLU7KH\KDGPDGHVKRUWZRUNRIWKHVQRZVKRHUDEELWWKHVHGRJV WKDW
ZHUHLOOWDPHGZROYHVDQGWKH\ZHUHQRZGUDZQXSLQDQH[SHFWDQWFLUFOH7KH\WRRZHUHVLOHQW
WKHLUH\HVRQO\JOHDPLQJDQGWKHLUEUHDWKVGULIWLQJVORZO\XSZDUG7R%XFNLWZDVQRWKLQJQHZRU
VWUDQJHWKLVVFHQHRIROGWLPH,WZDVDVWKRXJKLWKDGDOZD\VEHHQWKHZRQWHGZD\RIWKLQJV
6SLW]ZDVDSUDFWLVHGILJKWHU)URP6SLW]EHUJHQWKURXJKWKH$UFWLFDQGDFURVV&DQDGDDQGWKH
%DUUHQVKHKDGKHOGKLVRZQZLWKDOOPDQQHURIGRJVDQGDFKLHYHGWRPDVWHU\RYHUWKHP%LWWHU
UDJHZDVKLVEXWQHYHUEOLQGUDJH,QSDVVLRQWRUHQGDQGGHVWUR\KHQHYHUIRUJRWWKDWKLVHQHP\
ZDVLQ OLNH SDVVLRQ WR UHQG DQG GHVWUR\ +H QHYHU UXVKHG WLOO KH ZDV SUHSDUHG WR UHFHLYH D UXVK
QHYHUDWWDFNHGWLOOKHKDGILUVWGHIHQGHGWKDWDWWDFN
,QYDLQ%XFNVWURYHWRVLQNKLVWHHWKLQWKHQHFNRIWKHELJZKLWHGRJ:KHUHYHUKLVIDQJVVWUXFN
IRUWKHVRIWHUIOHVKWKH\ZHUHFRXQWHUHGE\WKHIDQJVRI6SLW])DQJFODVKHGIDQJDQGOLSVZHUHFXW
DQGEOHHGLQJEXW%XFNFRXOGQRWSHQHWUDWHKLVHQHP\
VJXDUG7KHQKHZDUPHGXSDQGHQYHORSHG
6SLW]LQDZKLUOZLQGRIUXVKHV7LPHDQGWLPHDJDLQKHWULHGIRUWKHVQRZZKLWHWKURDWZKHUHOLIH
EXEEOHGQHDUWRWKHVXUIDFHDQGHDFKWLPHDQGHYHU\WLPH6SLW]VODVKHGKLPDQGJRWDZD\7KHQ
%XFNWRRNWRUXVKLQJDVWKRXJKIRUWKHWKURDWZKHQVXGGHQO\GUDZLQJEDFNKLVKHDGDQGFXUYLQJ
LQ IURP WKH VLGH KH ZRXOG GULYH KLV VKRXOGHU DW WKH VKRXOGHU RI 6SLW] DV D UDP E\ ZKLFK WR
RYHUWKURZKLP%XWLQVWHDG%XFN
VVKRXOGHUZDVVODVKHGGRZQHDFKWLPHDV6SLW]OHDSHGOLJKWO\
DZD\
6SLW] ZDV XQWRXFKHG ZKLOH %XFN ZDV VWUHDPLQJ ZLWK EORRG DQG SDQWLQJ KDUG 7KH ILJKW ZDV
JURZLQJ GHVSHUDWH $QG DOOWKHZKLOH WKH VLOHQW DQG ZROILVKFLUFOHZDLWHG WR ILQLVK RIIZKLFKHYHU
GRJ ZHQW GRZQ $V %XFN JUHZ ZLQGHG 6SLW] WRRN WR UXVKLQJ DQG KH NHSW KLP VWDJJHULQJ IRU
IRRWLQJ 2QFH %XFN ZHQW RYHU DQG WKH ZKROH FLUFOH RI VL[W\ GRJV VWDUWHG XS EXW KH UHFRYHUHG
KLPVHOIDOPRVWLQPLGDLUDQGWKHFLUFOHVDQNGRZQDJDLQDQGZDLWHG
%XW%XFNSRVVHVVHGDTXDOLW\WKDWPDGHIRUJUHDWQHVV³LPDJLQDWLRQ+HIRXJKWE\LQVWLQFWEXW
KHFRXOGILJKWE\KHDGDVZHOO+HUXVKHGDVWKRXJKDWWHPSWLQJWKHROGVKRXOGHUWULFNEXWDWWKH
ODVW LQVWDQW VZHSW ORZ WR WKH VQRZ DQG LQ +LV WHHWK FORVHG RQ 6SLW]
V OHIW IRUH OHJ 7KHUH ZDV D
FUXQFKRIEUHDNLQJERQHDQGWKHZKLWHGRJIDFHGKLPRQWKUHHOHJV7KULFHKHWULHGWRNQRFNKLP
RYHUWKHQUHSHDWHGWKHWULFNDQGEURNHWKHULJKWIRUHOHJ'HVSLWHWKHSDLQDQGKHOSOHVVQHVV6SLW]
VWUXJJOHG PDGO\ WR NHHS XS +H VDZ WKH VLOHQW FLUFOH ZLWK JOHDPLQJ H\HV OROOLQJ WRQJXHV DQG
VLOYHU\ EUHDWKV GULIWLQJ XSZDUG FORVLQJ LQ XSRQ KLP DV KH KDG VHHQ VLPLODU FLUFOHV FORVH LQ XSRQ
EHDWHQDQWDJRQLVWVLQWKHSDVW2QO\WKLVWLPHKHZDVWKHRQHZKRZDVEHDWHQ
7KHUH ZDV QR KRSH IRU KLP %XFN ZDV LQH[RUDEOH 0HUF\ ZDV D WKLQJ UHVHUYHG IRU JHQWOHU
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
FOLPHV+HPDQRHXYUHGIRUWKHILQDOUXVK7KHFLUFOHKDGWLJKWHQHGWLOOKHFRXOGIHHOWKHEUHDWKVRI
WKHKXVNLHVRQKLVIODQNV+HFRXOGVHHWKHPEH\RQG6SLW]DQGWRHLWKHUVLGHKDOIFURXFKLQJIRUWKH
VSULQJWKHLUH\HVIL[HGXSRQKLP$SDXVHVHHPHGWRIDOO(YHU\DQLPDOZDVPRWLRQOHVVDVWKRXJK
WXUQHG WR VWRQH 2QO\ 6SLW] TXLYHUHG DQG EULVWOHG DV KH VWDJJHUHG EDFN DQG IRUWK VQDUOLQJ ZLWK
KRUULEOH PHQDFH DV WKRXJK WR IULJKWHQ RII LPSHQGLQJ GHDWK 7KHQ %XFN VSUDQJ LQ DQG RXW EXW
ZKLOHKHZDVLQVKRXOGHUKDGDWODVWVTXDUHO\PHWVKRXOGHU7KHGDUNFLUFOHEHFDPHDGRWRQWKH
PRRQIORRGHG VQRZ DV 6SLW] GLVDSSHDUHG IURP YLHZ %XFN VWRRG DQG ORRNHG RQ WKH VXFFHVVIXO
FKDPSLRQWKHGRPLQDQWSULPRUGLDOEHDVWZKRKDGPDGHKLVNLOODQGIRXQGLWJRRG
&KDSWHU,9:KR+DV:RQWR0DVWHUVKLS
(K":RW,VD\",VSLNWUXHZ
HQ,VD\GDW%XFNWZRGHYLOV7KLVZDV)UDQFRLV
VVSHHFKQH[W
PRUQLQJZKHQKHGLVFRYHUHG6SLW]PLVVLQJDQG%XFNFRYHUHGZLWKZRXQGV+HGUHZKLPWRWKH
ILUHDQGE\LWVOLJKWSRLQWHGWKHPRXW
'DW6SLW]ILJKWODNKHOOVDLG3HUUDXOWDVKHVXUYH\HGWKHJDSLQJULSVDQGFXWV
$Q
GDW%XFNILJKWODNWZRKHOOVZDV)UDQFRLV
VDQVZHU$Q
QRZZHPDNHJRRGWLPH1R
PRUH6SLW]QRPRUHWURXEOHVXUH
:KLOH3HUUDXOWSDFNHGWKHFDPSRXWILWDQGORDGHGWKHVOHGWKHGRJGULYHUSURFHHGHGWRKDUQHVV
WKH GRJV %XFN WURWWHG XS WR WKH SODFH 6SLW] ZRXOG KDYH RFFXSLHG DV OHDGHU EXW )UDQFRLV QRW
QRWLFLQJKLPEURXJKW6ROOHNVWRWKHFRYHWHGSRVLWLRQ,QKLVMXGJPHQW6ROOHNVZDVWKHEHVWOHDG
GRJOHIW%XFNVSUDQJXSRQ6ROOHNVLQDIXU\GULYLQJKLPEDFNDQGVWDQGLQJLQKLVSODFH
(K"HK")UDQFRLVFULHGVODSSLQJKLVWKLJKVJOHHIXOO\/RRNDWGDW%XFN+HHPNHHOGDW6SLW]
KHHPW
LQNWRWDNHGHMRE
*R
ZD\&KRRNKHFULHGEXW%XFNUHIXVHGWREXGJH
+HWRRN%XFNE\WKHVFUXIIRIWKHQHFNDQGWKRXJKWKHGRJJURZOHGWKUHDWHQLQJO\GUDJJHGKLP
WRRQHVLGHDQGUHSODFHG6ROOHNV7KHROGGRJGLGQRWOLNHLWDQGVKRZHGSODLQO\WKDWKHZDVDIUDLG
RI%XFN)UDQFRLVZDVREGXUDWHEXWZKHQKHWXUQHGKLVEDFN%XFNDJDLQGLVSODFHG6ROOHNVZKR
ZDVQRWDWDOOXQZLOOLQJWRJR
)UDQFRLVZDVDQJU\1RZE\*DU,IHH[\RXKHFULHGFRPLQJEDFNZLWKDKHDY\FOXELQKLV
KDQG
%XFNUHPHPEHUHGWKHPDQLQWKHUHGVZHDWHUDQGUHWUHDWHGVORZO\QRUGLGKHDWWHPSWWRFKDUJH
LQZKHQ6ROOHNVZDVRQFHPRUHEURXJKWIRUZDUG%XWKHFLUFOHGMXVWEH\RQGWKHUDQJHRIWKHFOXE
VQDUOLQJ ZLWK ELWWHUQHVV DQG UDJH DQG ZKLOH KH FLUFOHG KH ZDWFKHG WKH FOXE VR DV WR GRGJH LW LI
WKURZQE\)UDQFRLVIRUKHZDVEHFRPHZLVHLQWKHZD\RIFOXEV7KHGULYHUZHQWDERXWKLVZRUN
DQG KH FDOOHG WR %XFN ZKHQ KH ZDV UHDG\ WR SXW KLP LQ KLV ROG SODFH LQ IURQW RI 'DYH %XFN
UHWUHDWHGWZRRUWKUHHVWHSV)UDQFRLVIROORZHGKLPXSZKHUHXSRQKHDJDLQUHWUHDWHG$IWHUVRPH
WLPHRIWKLV)UDQFRLVWKUHZGRZQWKHFOXEWKLQNLQJWKDW%XFNIHDUHGDWKUDVKLQJ%XW%XFNZDVLQ
RSHQUHYROW+HZDQWHGQRWWRHVFDSHDFOXEELQJEXWWRKDYHWKHOHDGHUVKLS,WZDVKLVE\ULJKW+H
KDGHDUQHGLWDQGKHZRXOGQRWEHFRQWHQWZLWKOHVV
3HUUDXOWWRRNDKDQG%HWZHHQWKHPWKH\UDQKLPDERXWIRUWKHEHWWHUSDUWRIDQKRXU7KH\WKUHZ
FOXEVDWKLP+HGRGJHG7KH\FXUVHGKLPDQGKLVIDWKHUVDQGPRWKHUVEHIRUHKLPDQGDOOKLVVHHG
WRFRPHDIWHUKLPGRZQWRWKHUHPRWHVWJHQHUDWLRQDQGHYHU\KDLURQKLVERG\DQGGURSRIEORRGLQ
KLVYHLQVDQGKHDQVZHUHGFXUVHZLWKVQDUODQGNHSWRXWRIWKHLUUHDFK+HGLGQRWWU\WRUXQDZD\
EXW UHWUHDWHG DURXQG DQG DURXQG WKH FDPS DGYHUWLVLQJ SODLQO\ WKDW ZKHQ KLV GHVLUH ZDV PHW KH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ZRXOGFRPHLQDQGEHJRRG
)UDQFRLV VDW GRZQ DQG VFUDWFKHG KLV KHDG 3HUUDXOW ORRNHG DW KLV ZDWFK DQG VZRUH 7LPH ZDV
IO\LQJDQGWKH\VKRXOGKDYHEHHQRQWKHWUDLODQKRXUJRQH)UDQFRLVVFUDWFKHGKLVKHDGDJDLQ+H
VKRRNLWDQGJULQQHGVKHHSLVKO\DWWKHFRXULHUZKRVKUXJJHGKLVVKRXOGHUVLQVLJQWKDWWKH\ZHUH
EHDWHQ7KHQ)UDQFRLVZHQWXSWRZKHUH6ROOHNVVWRRGDQGFDOOHGWR%XFN%XFNODXJKHGDVGRJV
ODXJK\HWNHSWKLVGLVWDQFH)UDQFRLVXQIDVWHQHG6ROOHNV
VWUDFHVDQGSXWKLPEDFNLQKLVROGSODFH
7KHWHDPVWRRGKDUQHVVHGWRWKHVOHGLQDQXQEURNHQOLQHUHDG\IRUWKHWUDLO7KHUHZDVQRSODFHIRU
%XFNVDYHDWWKHIURQW2QFHPRUH)UDQFRLVFDOOHGDQGRQFHPRUH%XFNODXJKHGDQGNHSWDZD\
7
URZGRZQGHFOXE3HUUDXOWFRPPDQGHG
)UDQFRLVFRPSOLHGZKHUHXSRQ%XFNWURWWHGLQODXJKLQJWULXPSKDQWO\DQGVZXQJ DURXQG LQWR
SRVLWLRQDWWKHKHDGRIWKHWHDP+LVWUDFHVZHUHIDVWHQHGWKHVOHGEURNHQRXWDQGZLWKERWKPHQ
UXQQLQJWKH\GDVKHGRXWRQWRWKHULYHUWUDLO
+LJKO\DVWKHGRJGULYHUKDGIRUHYDOXHG%XFNZLWKKLVWZRGHYLOVKHIRXQGZKLOHWKHGD\ZDV
\HW\RXQJWKDWKHKDGXQGHUYDOXHG$WDERXQG%XFNWRRNXSWKHGXWLHVRIOHDGHUVKLSDQGZKHUH
MXGJPHQWZDVUHTXLUHGDQGTXLFNWKLQNLQJDQGTXLFNDFWLQJKHVKRZHGKLPVHOIWKHVXSHULRUHYHQ
RI6SLW]RIZKRP)UDQFRLVKDGQHYHUVHHQDQHTXDO
%XWLWZDVLQJLYLQJWKHODZDQGPDNLQJKLVPDWHVOLYHXSWRLWWKDW%XFNH[FHOOHG'DYHDQG
6ROOHNVGLGQRWPLQGWKHFKDQJHLQOHDGHUVKLS,WZDVQRQHRIWKHLUEXVLQHVV7KHLUEXVLQHVVZDVWR
WRLODQGWRLOPLJKWLO\LQWKHWUDFHV6RORQJDVWKDWZHUHQRWLQWHUIHUHGZLWKWKH\GLGQRWFDUHZKDW
KDSSHQHG%LOOHHWKHJRRGQDWXUHGFRXOGOHDGIRUDOOWKH\FDUHGVRORQJDVKHNHSWRUGHU7KHUHVW
RIWKHWHDPKRZHYHUKDGJURZQXQUXO\GXULQJWKHODVWGD\VRI6SLW]DQGWKHLUVXUSULVHZDVJUHDW
QRZWKDW%XFNSURFHHGHGWROLFNWKHPLQWRVKDSH
3LNHZKRSXOOHGDW%XFN
VKHHOVDQGZKRQHYHUSXWDQRXQFHPRUHRIKLVZHLJKWDJDLQVWWKH
EUHDVWEDQGWKDQKHZDVFRPSHOOHGWRGRZDVVZLIWO\DQGUHSHDWHGO\VKDNHQIRUORDILQJDQGHUH
WKHILUVWGD\ZDVGRQHKHZDVSXOOLQJPRUHWKDQHYHUEHIRUHLQKLVOLIH7KHILUVWQLJKWLQFDPS-RH
WKHVRXURQHZDVSXQLVKHGURXQGO\³DWKLQJWKDW6SLW]KDGQHYHUVXFFHHGHGLQGRLQJ%XFNVLPSO\
VPRWKHUHGKLPE\YLUWXHRIVXSHULRUZHLJKWDQGFXWKLPXSWLOOKHFHDVHGVQDSSLQJDQGEHJDQWR
ZKLQHIRUPHUF\
7KH JHQHUDO WRQH RI WKH WHDP SLFNHG XS LPPHGLDWHO\ ,W UHFRYHUHG LWV ROGWLPH VROLGDULW\ DQG
RQFHPRUHWKHGRJVOHDSHGDVRQHGRJLQWKHWUDFHV$WWKH5LQN5DSLGVWZRQDWLYHKXVNLHV7HHN
DQG .RRQD ZHUH DGGHG DQG WKH FHOHULW\ ZLWK ZKLFK %XFN EURNH WKHP LQ WRRN DZD\ )UDQFRLV
V
EUHDWK
1HYDLUHVXFKDGRJDVGDW%XFNKHFULHG1RQHYDLUH+HHPZRUWKRQHW
RXVDQ
GROODLUE\
*DU(K":RW\RXVD\3HUUDXOW"
$QG3HUUDXOWQRGGHG+HZDVDKHDGRIWKHUHFRUGWKHQDQGJDLQLQJGD\E\GD\7KHWUDLOZDVLQ
H[FHOOHQW FRQGLWLRQ ZHOO SDFNHG DQG KDUG DQG WKHUH ZDV QR QHZIDOOHQ VQRZ ZLWK ZKLFK WR
FRQWHQG,WZDVQRWWRRFROG7KHWHPSHUDWXUHGURSSHGWRILIW\EHORZ]HURDQGUHPDLQHGWKHUHWKH
ZKROHWULS7KHPHQURGHDQGUDQE\WXUQDQGWKHGRJVZHUHNHSWRQWKHMXPSZLWKEXWLQIUHTXHQW
VWRSSDJHV
7KH7KLUW\0LOH5LYHUZDVFRPSDUDWLYHO\FRDWHGZLWKLFHDQGWKH\FRYHUHGLQ RQH GD\ JRLQJ
RXWZKDWKDGWDNHQWKHPWHQGD\VFRPLQJLQ,QRQHUXQWKH\PDGHDVL[W\PLOHGDVKIURPWKHIRRW
RI/DNH/H%DUJHWRWKH:KLWH+RUVH5DSLGV$FURVV0DUVK7DJLVKDQG%HQQHWWVHYHQW\PLOHVRI
ODNHVWKH\IOHZVRIDVWWKDWWKHPDQZKRVHWXUQLWZDVWRUXQWRZHGEHKLQGWKHVOHGDWWKHHQGRID
URSH$QGRQWKHODVWQLJKWRIWKHVHFRQGZHHNWKH\WRSSHG:KLWH3DVVDQGGURSSHGGRZQWKHVHD
VORSHZLWKWKHOLJKWVRI6NDJXD\DQGRIWKHVKLSSLQJDWWKHLUIHHW
,WZDVDUHFRUGUXQ(DFKGD\IRUIRXUWHHQGD\VWKH\KDGDYHUDJHGIRUW\PLOHV )RU WKUHH GD\V
3HUUDXOWDQG)UDQFRLVWKUHZFKHVWVXSDQGGRZQWKHPDLQVWUHHWRI6NDJXD\DQGZHUHGHOXJHGZLWK
LQYLWDWLRQVWRGULQNZKLOHWKHWHDPZDVWKHFRQVWDQWFHQWUHRIDZRUVKLSIXOFURZGRIGRJEXVWHUV
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
DQGPXVKHUV7KHQWKUHHRUIRXUZHVWHUQEDGPHQDVSLUHGWRFOHDQRXWWKHWRZQZHUHULGGOHGOLNH
SHSSHUER[HV IRU WKHLU SDLQV DQG SXEOLF LQWHUHVW WXUQHG WR RWKHU LGROV 1H[W FDPH RIILFLDO RUGHUV
)UDQFRLVFDOOHG%XFNWRKLPWKUHZKLVDUPVDURXQGKLPZHSWRYHUKLP$QGWKDWZDVWKHODVWRI
)UDQFRLVDQG3HUUDXOW/LNHRWKHUPHQWKH\SDVVHGRXWRI%XFN
VOLIHIRUJRRG
$6FRWFKKDOIEUHHGWRRNFKDUJHRIKLPDQGKLVPDWHVDQGLQFRPSDQ\ZLWKDGR]HQRWKHUGRJ
WHDPVKHVWDUWHGEDFNRYHUWKHZHDU\WUDLOWR'DZVRQ,WZDVQROLJKWUXQQLQJQRZQRUUHFRUGWLPH
EXWKHDY\WRLOHDFKGD\ZLWKDKHDY\ORDGEHKLQGIRUWKLVZDVWKHPDLOWUDLQFDUU\LQJZRUGIURP
WKHZRUOGWRWKHPHQZKRVRXJKWJROGXQGHUWKHVKDGRZRIWKH3ROH
%XFNGLGQRWOLNHLWEXWKHERUHXSZHOOWRWKHZRUNWDNLQJSULGHLQLWDIWHUWKHPDQQHURI'DYH
DQG6ROOHNVDQGVHHLQJWKDWKLVPDWHVZKHWKHUWKH\SULGHGLQLWRUQRWGLGWKHLUIDLUVKDUH,WZDVD
PRQRWRQRXV OLIH RSHUDWLQJ ZLWK PDFKLQHOLNH UHJXODULW\ 2QH GD\ ZDV YHU\ OLNH DQRWKHU $W D
FHUWDLQ WLPH HDFK PRUQLQJ WKH FRRNV WXUQHG RXW ILUHV ZHUH EXLOW DQG EUHDNIDVW ZDV HDWHQ 7KHQ
ZKLOHVRPHEURNHFDPSRWKHUVKDUQHVVHGWKHGRJVDQGWKH\ZHUHXQGHUZD\DQKRXURUVREHIRUH
WKHGDUNQHVVIHOOZKLFKJDYHZDUQLQJRIGDZQ$WQLJKWFDPSZDVPDGH6RPHSLWFKHGWKHIOLHV
RWKHUVFXWILUHZRRGDQGSLQHERXJKVIRUWKHEHGVDQGVWLOORWKHUVFDUULHGZDWHURULFHIRUWKHFRRNV
$OVRWKHGRJVZHUHIHG7RWKHPWKLVZDVWKHRQHIHDWXUHRIWKHGD\WKRXJKLWZDVJRRGWRORDI
DURXQG DIWHU WKH ILVK ZDV HDWHQ IRU DQ KRXU RU VR ZLWK WKH RWKHU GRJV RI ZKLFK WKHUH ZHUH
ILYHVFRUH DQG RGG 7KHUH ZHUH ILHUFH ILJKWHUV DPRQJ WKHP EXW WKUHH EDWWOHV ZLWK WKH ILHUFHVW
EURXJKW%XFNWRPDVWHU\VRWKDWZKHQKHEULVWOHGDQGVKRZHGKLVWHHWKWKH\JRWRXWRIKLVZD\
%HVW RI DOO SHUKDSV KH ORYHG WR OLH QHDU WKH ILUH KLQG OHJV FURXFKHG XQGHU KLP IRUH OHJV
VWUHWFKHGRXWLQIURQWKHDGUDLVHGDQGH\HVEOLQNLQJGUHDPLO\DWWKHIODPHV6RPHWLPHVKHWKRXJKW
RI -XGJH 0LOOHU
V ELJ KRXVH LQ WKH VXQNLVVHG 6DQWD &ODUD 9DOOH\ DQG RI WKH FHPHQW VZLPPLQJ
WDQNDQG<VDEHOWKH0H[LFDQKDLUOHVVDQG7RRWVWKH-DSDQHVHSXJEXWRIWHQHUKHUHPHPEHUHG
WKHPDQLQWKHUHGVZHDWHUWKHGHDWKRI&XUO\WKHJUHDWILJKWZLWK6SLW]DQGWKHJRRGWKLQJVKH
KDGHDWHQRUZRXOGOLNHWRHDW+HZDVQRWKRPHVLFN7KH6XQODQGZDVYHU\GLPDQGGLVWDQWDQG
VXFK PHPRULHV KDG QR SRZHU RYHU KLP )DU PRUH SRWHQW ZHUH WKH PHPRULHV RI KLV KHUHGLW\ WKDW
JDYH WKLQJV KH KDG QHYHU VHHQ EHIRUH D VHHPLQJ IDPLOLDULW\ WKH LQVWLQFWV ZKLFK ZHUH EXW WKH
PHPRULHV RI KLV DQFHVWRUV EHFRPH KDELWV ZKLFK KDG ODSVHG LQ ODWHU GD\V DQG VWLOO ODWHU LQ KLP
TXLFNHQHGDQGEHFRPHDOLYHDJDLQ
6RPHWLPHVDVKHFURXFKHGWKHUHEOLQNLQJGUHDPLO\DWWKHIODPHVLWVHHPHGWKDWWKHIODPHVZHUH
RIDQRWKHUILUHDQGWKDWDVKHFURXFKHGE\WKLVRWKHUILUHKHVDZDQRWKHUDQGGLIIHUHQWPDQIURPWKH
KDOIEUHHGFRRNEHIRUHKLP7KLVRWKHUPDQZDVVKRUWHURIOHJDQGORQJHURIDUPZLWKPXVFOHVWKDW
ZHUH VWULQJ\ DQG NQRWW\ UDWKHU WKDQ URXQGHG DQG VZHOOLQJ 7KH KDLU RI WKLV PDQ ZDV ORQJ DQG
PDWWHGDQGKLVKHDGVODQWHGEDFNXQGHULWIURPWKHH\HV+HXWWHUHGVWUDQJHVRXQGVDQGVHHPHG
YHU\PXFKDIUDLGRIWKHGDUNQHVVLQWRZKLFKKHSHHUHGFRQWLQXDOO\FOXWFKLQJLQKLVKDQGZKLFK
KXQJPLGZD\EHWZHHQNQHHDQGIRRWDVWLFNZLWKDKHDY\VWRQHPDGHIDVWWRWKHHQG+HZDVDOO
EXWQDNHGDUDJJHGDQGILUHVFRUFKHGVNLQKDQJLQJSDUWZD\GRZQKLVEDFNEXWRQKLVERG\WKHUH
ZDVPXFKKDLU,QVRPHSODFHVDFURVVWKHFKHVWDQGVKRXOGHUVDQGGRZQWKHRXWVLGHRIWKHDUPV
DQG WKLJKV LW ZDV PDWWHG LQWR DOPRVW D WKLFN IXU +H GLG QRW VWDQG HUHFW EXW ZLWK WUXQN LQFOLQHG
IRUZDUG IURP WKH KLSV RQ OHJV WKDW EHQW DW WKH NQHHV $ERXW KLV ERG\ WKHUH ZDV D SHFXOLDU
VSULQJLQHVVRUUHVLOLHQF\DOPRVWFDWOLNHDQGDTXLFNDOHUWQHVVDVRIRQHZKROLYHGLQSHUSHWXDOIHDU
RIWKLQJVVHHQDQGXQVHHQ
$WRWKHUWLPHVWKLVKDLU\PDQVTXDWWHGE\WKHILUHZLWKKHDGEHWZHHQKLVOHJVDQGVOHSW2QVXFK
RFFDVLRQVKLVHOERZVZHUHRQKLVNQHHVKLVKDQGVFODVSHGDERYHKLVKHDGDVWKRXJKWRVKHGUDLQ
E\WKHKDLU\DUPV$QGEH\RQGWKDWILUHLQWKHFLUFOLQJGDUNQHVV%XFNFRXOGVHHPDQ\JOHDPLQJ
FRDOVWZRE\WZRDOZD\VWZRE\WZRZKLFKKHNQHZWREHWKHH\HVRIJUHDWEHDVWVRISUH\$QG
KHFRXOGKHDUWKHFUDVKLQJRIWKHLUERGLHVWKURXJKWKHXQGHUJURZWKDQGWKHQRLVHVWKH\PDGHLQWKH
QLJKW$QGGUHDPLQJWKHUHE\WKH<XNRQEDQNZLWKOD]\H\HVEOLQNLQJDWWKHILUHWKHVHVRXQGVDQG
VLJKWV RI DQRWKHU ZRUOG ZRXOG PDNH WKH KDLU WR ULVH DORQJ KLV EDFN DQG VWDQG RQ HQG DFURVV KLV
VKRXOGHUVDQGXSKLVQHFNWLOOKHZKLPSHUHGORZDQGVXSSUHVVHGO\RUJURZOHGVRIWO\DQGWKHKDOI
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
EUHHGFRRNVKRXWHGDWKLP+H\\RX%XFNZDNHXS:KHUHXSRQWKHRWKHUZRUOGZRXOGYDQLVK
DQGWKHUHDOZRUOGFRPHLQWRKLVH\HVDQGKHZRXOGJHWXSDQG\DZQDQGVWUHWFKDVWKRXJKKHKDG
EHHQDVOHHS
,WZDVDKDUGWULSZLWKWKHPDLOEHKLQGWKHPDQGWKHKHDY\ZRUNZRUHWKHPGRZQ7KH\ZHUH
VKRUWRIZHLJKWDQGLQSRRUFRQGLWLRQZKHQWKH\PDGH'DZVRQDQGVKRXOGKDYHKDGDWHQGD\V
RU
DZHHN
VUHVWDWOHDVW%XWLQWZRGD\V
WLPHWKH\GURSSHGGRZQWKH<XNRQEDQNIURPWKH%DUUDFNV
ORDGHGZLWKOHWWHUVIRUWKHRXWVLGH7KHGRJVZHUHWLUHGWKHGULYHUVJUXPEOLQJDQGWRPDNHPDWWHUV
ZRUVH LW VQRZHG HYHU\ GD\ 7KLV PHDQW D VRIW WUDLO JUHDWHU IULFWLRQ RQ WKH UXQQHUV DQG KHDYLHU
SXOOLQJIRUWKHGRJV\HWWKHGULYHUVZHUHIDLUWKURXJKLWDOODQGGLGWKHLUEHVWIRUWKHDQLPDOV
(DFKQLJKWWKHGRJVZHUHDWWHQGHGWRILUVW7KH\DWHEHIRUHWKHGULYHUVDWHDQGQRPDQVRXJKWKLV
VOHHSLQJUREHWLOOKHKDGVHHQWRWKHIHHWRIWKHGRJVKHGURYH6WLOOWKHLUVWUHQJWKZHQWGRZQ6LQFH
WKH EHJLQQLQJ RI WKH ZLQWHU WKH\ KDG WUDYHOOHG HLJKWHHQ KXQGUHG PLOHV GUDJJLQJ VOHGV WKH ZKROH
ZHDU\ GLVWDQFH DQG HLJKWHHQ KXQGUHG PLOHV ZLOO WHOO XSRQ OLIH RI WKH WRXJKHVW %XFN VWRRG LW
NHHSLQJ KLV PDWHV XS WR WKHLU ZRUN DQG PDLQWDLQLQJ GLVFLSOLQH WKRXJK KH WRR ZDV YHU\ WLUHG
%LOOHHFULHGDQGZKLPSHUHGUHJXODUO\LQKLVVOHHSHDFKQLJKW-RHZDVVRXUHUWKDQHYHUDQG6ROOHNV
ZDVXQDSSURDFKDEOHEOLQGVLGHRURWKHUVLGH
%XW LW ZDV 'DYH ZKR VXIIHUHG PRVW RI DOO 6RPHWKLQJ KDG JRQH ZURQJ ZLWK KLP +H EHFDPH
PRUHPRURVHDQGLUULWDEOHDQGZKHQFDPSZDVSLWFKHGDWRQFHPDGHKLVQHVWZKHUHKLVGULYHUIHG
KLP2QFHRXWRIWKHKDUQHVVDQGGRZQKHGLGQRWJHWRQKLVIHHWDJDLQWLOOKDUQHVVXSWLPHLQWKH
PRUQLQJ6RPHWLPHVLQWKHWUDFHVZKHQMHUNHGE\DVXGGHQVWRSSDJHRIWKHVOHGRUE\VWUDLQLQJWR
VWDUW LW KH ZRXOG FU\ RXW ZLWK SDLQ 7KH GULYHU H[DPLQHG KLP EXW FRXOG ILQG QRWKLQJ $OO WKH
GULYHUV EHFDPH LQWHUHVWHG LQ KLV FDVH 7KH\ WDONHG LW RYHU DW PHDOWLPH DQG RYHU WKHLU ODVW SLSHV
EHIRUHJRLQJWREHGDQGRQHQLJKWWKH\KHOGDFRQVXOWDWLRQ+HZDVEURXJKWIURPKLVQHVWWRWKH
ILUHDQGZDVSUHVVHGDQGSURGGHGWLOOKHFULHGRXWPDQ\WLPHV6RPHWKLQJZDVZURQJLQVLGHEXW
WKH\FRXOGORFDWHQREURNHQERQHVFRXOGQRWPDNHLWRXW
%\ WKH WLPH &DVVLDU %DU ZDV UHDFKHG KH ZDV VR ZHDN WKDW KH ZDV IDOOLQJ UHSHDWHGO\ LQ WKH
WUDFHV7KH6FRWFKKDOIEUHHGFDOOHGDKDOWDQGWRRNKLPRXWRIWKHWHDPPDNLQJWKHQH[WGRJ6RO
OHNVIDVWWRWKHVOHG+LVLQWHQWLRQZDVWRUHVW'DYHOHWWLQJKLPUXQIUHHEHKLQGWKHVOHG6LFNDVKH
ZDV'DYHUHVHQWHGEHLQJWDNHQRXWJUXQWLQJDQGJURZOLQJZKLOHWKHWUDFHVZHUHXQIDVWHQHGDQG
ZKLPSHULQJEURNHQKHDUWHGO\ZKHQKHVDZ6ROOHNVLQWKHSRVLWLRQKHKDGKHOGDQGVHUYHGVRORQJ
)RUWKHSULGHRIWUDFH DQG WUDLO ZDV KLV DQG VLFN XQWR GHDWK KH FRXOG QRW EHDU WKDW DQRWKHU GRJ
VKRXOGGRKLVZRUN
:KHQWKHVOHGVWDUWHGKHIORXQGHUHGLQWKHVRIWVQRZDORQJVLGHWKHEHDWHQWUDLODWWDFNLQJ6RO
OHNVZLWKKLVWHHWKUXVKLQJDJDLQVWKLPDQGWU\LQJWRWKUXVWKLPRIILQWRWKHVRIWVQRZRQWKHRWKHU
VLGHVWULYLQJWROHDSLQVLGHKLVWUDFHVDQGJHWEHWZHHQKLPDQGWKHVOHGDQGDOOWKHZKLOHZKLQLQJ
DQG\HOSLQJDQGFU\LQJZLWKJULHIDQGSDLQ7KHKDOIEUHHGWULHGWRGULYHKLPDZD\ZLWKWKHZKLS
EXW KH SDLG QR KHHG WR WKH VWLQJLQJ ODVK DQG WKH PDQ KDG QRW WKH KHDUW WR VWULNH KDUGHU 'DYH
UHIXVHG WR UXQ TXLHWO\ RQ WKH WUDLO EHKLQG WKH VOHG ZKHUH WKH JRLQJ ZDV HDV\ EXW FRQWLQXHG WR
IORXQGHUDORQJVLGHLQWKHVRIWVQRZZKHUHWKHJRLQJZDVPRVWGLIILFXOWWLOOH[KDXVWHG7KHQKHIHOO
DQGOD\ZKHUHKHIHOOKRZOLQJOXJXEULRXVO\DVWKHORQJWUDLQRIVOHGVFKXUQHGE\
:LWK WKH ODVW UHPQDQW RI KLV VWUHQJWK KH PDQDJHG WR VWDJJHU DORQJ EHKLQG WLOO WKH WUDLQ PDGH
DQRWKHUVWRSZKHQKHIORXQGHUHGSDVWWKHVOHGVWRKLVRZQZKHUHKHVWRRGDORQJVLGH6ROOHNV+LV
GULYHU OLQJHUHG D PRPHQW WR JHW D OLJKW IRU KLV SLSH IURP WKH PDQ EHKLQG 7KHQ KH UHWXUQHG DQG
VWDUWHGKLVGRJV7KH\VZXQJRXWRQWKHWUDLOZLWKUHPDUNDEOHODFNRIH[HUWLRQWXUQHGWKHLUKHDGV
XQHDVLO\DQGVWRSSHGLQVXUSULVH7KHGULYHUZDVVXUSULVHGWRRWKHVOHGKDGQRWPRYHG+HFDOOHG
KLV FRPUDGHV WR ZLWQHVV WKH VLJKW 'DYH KDG ELWWHQ WKURXJK ERWK RI 6ROOHNV
V WUDFHV DQG ZDV
VWDQGLQJGLUHFWO\LQIURQWRIWKHVOHGLQKLVSURSHUSODFH
+HSOHDGHGZLWKKLVH\HVWRUHPDLQWKHUH7KHGULYHUZDVSHUSOH[HG+LVFRPUDGHVWDONHGRIKRZ
DGRJFRXOGEUHDNLWVKHDUWWKURXJKEHLQJGHQLHGWKHZRUNWKDWNLOOHGLWDQGUHFDOOHGLQVWDQFHVWKH\
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
KDGNQRZQZKHUHGRJVWRRROGIRUWKHWRLORULQMXUHGKDGGLHGEHFDXVHWKH\ZHUHFXWRXWRIWKH
WUDFHV$OVRWKH\KHOGLWDPHUF\VLQFH'DYHZDVWRGLHDQ\ZD\WKDWKHVKRXOGGLHLQWKHWUDFHV
KHDUWHDV\DQGFRQWHQW6RKHZDVKDUQHVVHGLQDJDLQDQGSURXGO\KHSXOOHGDVRIROGWKRXJKPRUH
WKDQRQFHKHFULHGRXWLQYROXQWDULO\IURPWKHELWHRIKLVLQZDUGKXUW6HYHUDOWLPHVKHIHOOGRZQDQG
ZDVGUDJJHGLQWKHWUDFHVDQGRQFHWKHVOHGUDQXSRQKLPVRWKDWKHOLPSHGWKHUHDIWHULQRQHRIKLV
KLQGOHJV
%XWKHKHOGRXWWLOOFDPSZDVUHDFKHGZKHQKLVGULYHUPDGHDSODFHIRUKLPE\WKHILUH0RUQLQJ
IRXQG KLP WRR ZHDN WR WUDYHO $W KDUQHVVXS WLPH KH WULHG WR FUDZO WR KLV GULYHU %\ FRQYXOVLYH
HIIRUWV KH JRW RQ KLV IHHW VWDJJHUHG DQG IHOO 7KHQ KH ZRUPHG KLV ZD\ IRUZDUG VORZO\ WRZDUG
ZKHUHWKHKDUQHVVHVZHUHEHLQJSXWRQKLVPDWHV+HZRXOGDGYDQFHKLVIRUHOHJVDQGGUDJXSKLV
ERG\ ZLWK D VRUW RI KLWFKLQJ PRYHPHQW ZKHQ KH ZRXOG DGYDQFH KLV IRUH OHJV DQG KLWFK DKHDG
DJDLQIRUDIHZPRUHLQFKHV+LVVWUHQJWKOHIWKLPDQGWKHODVWKLVPDWHVVDZRIKLPKHOD\JDVSLQJ
LQ WKH VQRZ DQG \HDUQLQJ WRZDUG WKHP %XW WKH\ FRXOG KHDU KLP PRXUQIXOO\ KRZOLQJ WLOO WKH\
SDVVHGRXWRIVLJKWEHKLQGDEHOWRIULYHUWLPEHU
+HUHWKHWUDLQZDVKDOWHG7KH6FRWFKKDOIEUHHGVORZO\UHWUDFHGKLVVWHSVWRWKHFDPSWKH\KDG
OHIW7KHPHQFHDVHGWDONLQJ$UHYROYHUVKRWUDQJRXW7KHPDQFDPHEDFNKXUULHGO\7KHZKLSV
VQDSSHGWKHEHOOVWLQNOHGPHUULO\WKHVOHGVFKXUQHGDORQJWKHWUDLOEXW%XFNNQHZDQGHYHU\GRJ
NQHZZKDWKDGWDNHQSODFHEHKLQGWKHEHOWRIULYHUWUHHV
&KDSWHU97KH7RLORI7UDFHDQG7UDLO
7KLUW\GD\VIURPWKHWLPHLWOHIW'DZVRQWKH6DOW:DWHU0DLOZLWK%XFNDQGKLVPDWHVDWWKH
IRUH DUULYHG DW 6NDJXD\ 7KH\ ZHUH LQ D ZUHWFKHG VWDWH ZRUQ RXW DQG ZRUQ GRZQ %XFN
V RQH
KXQGUHGDQGIRUW\SRXQGVKDGGZLQGOHGWRRQHKXQGUHGDQGILIWHHQ7KHUHVWRIKLVPDWHVWKRXJK
OLJKWHUGRJVKDGUHODWLYHO\ORVWPRUHZHLJKWWKDQKH3LNHWKHPDOLQJHUHUZKRLQKLVOLIHWLPHRI
GHFHLWKDGRIWHQVXFFHVVIXOO\IHLJQHGDKXUWOHJZDVQRZOLPSLQJLQHDUQHVW6ROOHNVZDVOLPSLQJ
DQG'XEZDVVXIIHULQJIURPDZUHQFKHGVKRXOGHUEODGH
7KH\ZHUHDOOWHUULEO\IRRWVRUH1RVSULQJRUUHERXQGZDVOHIWLQWKHP7KHLUIHHWIHOOKHDYLO\RQ
WKHWUDLOMDUULQJWKHLUERGLHVDQGGRXEOLQJWKHIDWLJXHRIDGD\
VWUDYHO7KHUHZDVQRWKLQJWKHPDWWHU
ZLWKWKHPH[FHSWWKDWWKH\ZHUHGHDGWLUHG,WZDVQRWWKHGHDGWLUHGQHVVWKDWFRPHVWKURXJKEULHI
DQGH[FHVVLYHHIIRUWIURPZKLFKUHFRYHU\LVDPDWWHURIKRXUVEXWLWZDVWKHGHDGWLUHGQHVVWKDW
FRPHVWKURXJKWKHVORZDQGSURORQJHGVWUHQJWKGUDLQDJHRIPRQWKVRIWRLO7KHUHZDVQRSRZHURI
UHFXSHUDWLRQOHIWQRUHVHUYHVWUHQJWKWRFDOOXSRQ,WKDGEHHQDOOXVHGWKHODVWOHDVWELWRILW(YHU\
PXVFOHHYHU\ILEUHHYHU\FHOOZDVWLUHGGHDGWLUHG$QGWKHUHZDVUHDVRQIRULW,QOHVVWKDQILYH
PRQWKVWKH\ KDG WUDYHOOHG WZHQW\ILYH KXQGUHG PLOHV GXULQJ WKH ODVW HLJKWHHQ KXQGUHG RI ZKLFK
WKH\KDGKDGEXWILYHGD\V
UHVW:KHQWKH\DUULYHGDW6NDJXD\WKH\ZHUHDSSDUHQWO\RQWKHLUODVW
OHJV7KH\FRXOGEDUHO\NHHSWKHWUDFHVWDXWDQGRQWKHGRZQJUDGHVMXVWPDQDJHGWRNHHSRXWRI
WKHZD\RIWKHVOHG
0XVKRQSRRUVRUHIHHWVWKHGULYHUHQFRXUDJHGWKHPDVWKH\WRWWHUHGGRZQWKHPDLQVWUHHWRI
6NDJXD\'LVLVGHODV
'HQZHJHWRQHORQJUHV
(K")RUVXUH2QHEXOO\ORQJUHV
7KHGULYHUVFRQILGHQWO\H[SHFWHGDORQJVWRSRYHU7KHPVHOYHVWKH\KDGFRYHUHGWZHOYHKXQGUHG
PLOHVZLWKWZRGD\V
UHVWDQGLQWKHQDWXUHRIUHDVRQDQGFRPPRQMXVWLFHWKH\GHVHUYHGDQLQWHUYDO
RIORDILQJ%XWVRPDQ\ZHUHWKHPHQZKRKDGUXVKHGLQWRWKH.ORQGLNHDQGVRPDQ\ZHUHWKH
VZHHWKHDUWVZLYHVDQGNLQWKDWKDGQRWUXVKHGLQWKDWWKHFRQJHVWHGPDLOZDVWDNLQJRQ$OSLQH
SURSRUWLRQVDOVRWKHUHZHUHRIILFLDORUGHUV)UHVKEDWFKHVRI+XGVRQ%D\GRJVZHUHWRWDNHWKH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
SODFHVRIWKRVHZRUWKOHVV IRU WKH WUDLO 7KH ZRUWKOHVV RQHV ZHUH WR EH JRW ULG RI DQG VLQFH GRJV
FRXQWIRUOLWWOHDJDLQVWGROODUVWKH\ZHUHWREHVROG
7KUHH GD\V SDVVHG E\ ZKLFK WLPH %XFN DQG KLV PDWHV IRXQG KRZ UHDOO\ WLUHG DQG ZHDN WKH\
ZHUH 7KHQ RQ WKH PRUQLQJ RI WKH IRXUWK GD\ WZR PHQ IURP WKH 6WDWHV FDPH DORQJ DQG ERXJKW
WKHPKDUQHVVDQGDOOIRUDVRQJ7KHPHQDGGUHVVHGHDFKRWKHUDV+DODQG&KDUOHV&KDUOHV
ZDVDPLGGOHDJHGOLJKWLVKFRORUHGPDQZLWKZHDNDQGZDWHU\H\HVDQGDPXVWDFKHWKDWWZLVWHG
ILHUFHO\ DQG YLJRURXVO\ XS JLYLQJ WKH OLH WR WKH OLPSO\ GURRSLQJ OLS LW FRQFHDOHG +DO ZDV D
\RXQJVWHURIQLQHWHHQRUWZHQW\ZLWKDELJ&ROW
VUHYROYHUDQGDKXQWLQJNQLIHVWUDSSHGDERXWKLP
RQ D EHOW WKDW IDLUO\ EULVWOHG ZLWK FDUWULGJHV 7KLV EHOW ZDV WKH PRVW VDOLHQW WKLQJ DERXW KLP ,W
DGYHUWLVHGKLVFDOORZQHVV³DFDOORZQHVVVKHHUDQGXQXWWHUDEOH%RWKPHQZHUHPDQLIHVWO\RXWRI
SODFHDQGZK\VXFKDVWKH\VKRXOGDGYHQWXUHWKH1RUWKLVSDUWRIWKHP\VWHU\RIWKLQJVWKDWSDVVHV
XQGHUVWDQGLQJ
%XFN KHDUG WKH FKDIIHULQJ VDZ WKH PRQH\ SDVV EHWZHHQ WKH PDQ DQG WKH *RYHUQPHQW DJHQW
DQGNQHZWKDWWKH6FRWFKKDOIEUHHGDQGWKHPDLOWUDLQGULYHUVZHUHSDVVLQJRXWRIKLVOLIHRQWKH
KHHOVRI3HUUDXOWDQG)UDQFRLVDQGWKHRWKHUVZKRKDGJRQHEHIRUH:KHQGULYHQZLWKKLVPDWHVWR
WKH QHZ RZQHUV
FDPS %XFN VDZ D VOLSVKRG DQG VORYHQO\ DIIDLU WHQW KDOI VWUHWFKHG GLVKHV
XQZDVKHGHYHU\WKLQJLQGLVRUGHUDOVRKHVDZDZRPDQ0HUFHGHVWKHPHQFDOOHGKHU6KHZDV
&KDUOHV
VZLIHDQG+DO
VVLVWHU³DQLFHIDPLO\SDUW\
%XFNZDWFKHGWKHPDSSUHKHQVLYHO\DVWKH\SURFHHGHGWRWDNHGRZQWKHWHQWDQGORDGWKHVOHG
7KHUH ZDV D JUHDW GHDO RI HIIRUW DERXW WKHLU PDQQHU EXW QR EXVLQHVVOLNH PHWKRG 7KH WHQW ZDV
UROOHG LQWR DQ DZNZDUG EXQGOH WKUHH WLPHV DV ODUJH DV LW VKRXOG KDYH EHHQ 7KH WLQ GLVKHV ZHUH
SDFNHG DZD\ XQZDVKHG 0HUFHGHV FRQWLQXDOO\ IOXWWHUHG LQ WKH ZD\ RI KHU PHQ DQG NHSW XS DQ
XQEURNHQFKDWWHULQJRIUHPRQVWUDQFHDQGDGYLFH:KHQWKH\SXWDFORWKHVVDFNRQWKHIURQWRIWKH
VOHGVKHVXJJHVWHGLWVKRXOGJRRQWKHEDFNDQGZKHQWKH\KDGSXWLWRQWKHEDFNDQGFRYHUHGLW
RYHUZLWKDFRXSOHRIRWKHUEXQGOHVVKHGLVFRYHUHGRYHUORRNHGDUWLFOHVZKLFKFRXOGDELGHQRZKHUH
HOVHEXWLQWKDWYHU\VDFNDQGWKH\XQORDGHGDJDLQ
7KUHH PHQ IURP D QHLJKERULQJ WHQW FDPH RXW DQG ORRNHG RQ JULQQLQJ DQG ZLQNLQJ DW RQH
DQRWKHU
<RX
YHJRWDULJKWVPDUWORDGDVLWLVVDLGRQHRIWKHPDQGLW
VQRWPHVKRXOGWHOO\RX\RXU
EXVLQHVVEXW,ZRXOGQ
WWRWHWKDWWHQWDORQJLI,ZDV\RX
8QGUHDPHG RI FULHG 0HUFHGHV WKURZLQJ XS KHU KDQGV LQ GDLQW\ GLVPD\ +RZHYHU LQ WKH
ZRUOGFRXOG,PDQDJHZLWKRXWDWHQW"
,W
VVSULQJWLPHDQG\RXZRQ
WJHWDQ\PRUHFROGZHDWKHUWKHPDQUHSOLHG
6KH VKRRN KHU KHDG GHFLGHGO\ DQG &KDUOHV DQG +DO SXW WKH ODVW RGGV DQG HQGV RQ WRS WKH
PRXQWDLQRXVORDG
7KLQNLW
OOULGH"RQHRIWKHPHQDVNHG
:K\VKRXOGQ
WLW"&KDUOHVGHPDQGHGUDWKHUVKRUWO\
2K WKDW
V DOO ULJKW WKDW
V DOO ULJKW WKH PDQ KDVWHQHG PHHNO\ WR VD\ , ZDV MXVW DZRQGHULQ
WKDWLVDOO,WVHHPHGDPLWHWRSKHDY\
&KDUOHVWXUQHGKLVEDFNDQGGUHZWKHODVKLQJVGRZQDVZHOODVKHFRXOGZKLFKZDVQRWLQWKH
OHDVWZHOO
$Q
RIFRXUVHWKHGRJVFDQKLNHDORQJDOOGD\ZLWKWKDWFRQWUDSWLRQEHKLQG WKHP DIILUPHG D
VHFRQGRIWKHPHQ
&HUWDLQO\VDLG+DO ZLWKIUHH]LQJ SROLWHQHVV WDNLQJ KROG RI WKHJHHSROH ZLWK RQH KDQG DQG
VZLQJLQJKLVZKLSIURPWKHRWKHU0XVKKHVKRXWHG0XVKRQWKHUH
7KHGRJVVSUDQJDJDLQVWWKHEUHDVWEDQGVVWUDLQHGKDUGIRUDIHZPRPHQWVWKHQUHOD[HG7KH\
ZHUHXQDEOHWRPRYHWKHVOHG
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
7KHOD]\EUXWHV,
OOVKRZWKHPKHFULHGSUHSDULQJWRODVKRXWDWWKHPZLWKWKHZKLS
%XW 0HUFHGHV LQWHUIHUHG FU\LQJ 2K +DO \RX PXVWQ
W DV VKH FDXJKW KROG RI WKH ZKLS DQG
ZUHQFKHGLWIURPKLP7KHSRRUGHDUV1RZ\RXPXVWSURPLVH\RXZRQ
WEHKDUVKZLWKWKHPIRU
WKHUHVWRIWKHWULSRU,ZRQ
WJRDVWHS
3UHFLRXV ORW \RX NQRZ DERXW GRJV KHU EURWKHU VQHHUHG DQG , ZLVK \RX
G OHDYH PH DORQH
7KH\
UHOD]\,WHOO\RXDQG\RX
YHJRWWRZKLSWKHPWRJHWDQ\WKLQJRXWRIWKHP7KDW
VWKHLUZD\
<RXDVNDQ\RQH$VNRQHRIWKRVHPHQ
0HUFHGHV ORRNHG DW WKHP LPSORULQJO\ XQWROG UHSXJQDQFH DW VLJKW RI SDLQ ZULWWHQ LQ KHU SUHWW\
IDFH
7KH\
UH ZHDN DV ZDWHU LI \RX ZDQW WR NQRZ FDPH WKH UHSO\ IURP RQH RI WKH PHQ 3OXP
WXFNHUHGRXWWKDW
VZKDW
VWKHPDWWHU7KH\QHHGDUHVW
5HVW EH EODQNHG VDLG +DO ZLWK KLV EHDUGOHVV OLSV DQG 0HUFHGHV VDLG 2K LQ SDLQ DQG
VRUURZDWWKHRDWK
%XWVKHZDVDFODQQLVKFUHDWXUHDQGUXVKHGDWRQFHWRWKHGHIHQFHRIKHUEURWKHU1HYHUPLQG
WKDW PDQ VKH VDLG SRLQWHGO\ <RX
UH GULYLQJ RXU GRJV DQG \RX GR ZKDW \RX WKLQN EHVW ZLWK
WKHP
$JDLQ+DO
VZKLSIHOOXSRQWKHGRJV7KH\WKUHZWKHPVHOYHVDJDLQVWWKHEUHDVWEDQGVGXJWKHLU
IHHW LQWR WKH SDFNHG VQRZ JRW GRZQ ORZ WR LW DQG SXW IRUWK DOO WKHLU VWUHQJWK 7KH VOHG KHOG DV
WKRXJK LW ZHUH DQ DQFKRU $IWHU WZR HIIRUWV WKH\ VWRRG VWLOO SDQWLQJ 7KH ZKLS ZDV ZKLVWOLQJ
VDYDJHO\ZKHQRQFHPRUH0HUFHGHVLQWHUIHUHG6KHGURSSHGRQKHUNQHHVEHIRUH%XFNZLWKWHDUV
LQKHUH\HVDQGSXWKHUDUPVDURXQGKLVQHFN
<RX SRRU SRRU GHDUV VKH FULHG V\PSDWKHWLFDOO\ ZK\ GRQ
W \RX SXOO KDUG"³WKHQ \RX
ZRXOGQ
WEHZKLSSHG%XFNGLGQRWOLNHKHUEXWKHZDVIHHOLQJWRRPLVHUDEOHWRUHVLVWKHUWDNLQJ
LWDVSDUWRIWKHGD\
VPLVHUDEOHZRUN
2QHRIWKHRQORRNHUVZKRKDGEHHQFOHQFKLQJKLVWHHWKWRVXSSUHVVKRWVSHHFKQRZVSRNHXS
³
,W
VQRWWKDW,FDUHDZKRRSZKDWEHFRPHVRI\RXEXWIRUWKHGRJV
VDNHV,MXVWZDQWWRWHOO\RX
\RXFDQKHOSWKHPDPLJKW\ORWE\EUHDNLQJRXWWKDWVOHG7KHUXQQHUVDUHIUR]HIDVW7KURZ\RXU
ZHLJKWDJDLQVWWKHJHHSROHULJKWDQGOHIWDQGEUHDNLWRXW
$WKLUGWLPHWKHDWWHPSWZDVPDGHEXWWKLVWLPHIROORZLQJWKHDGYLFH+DOEURNHRXWWKHUXQQHUV
ZKLFKKDGEHHQIUR]HQWRWKHVQRZ7KHRYHUORDGHGDQGXQZLHOG\VOHGIRUJHGDKHDG%XFNDQGKLV
PDWHVVWUXJJOLQJIUDQWLFDOO\ XQGHU WKH UDLQ RI EORZV $ KXQGUHG \DUGV DKHDG WKH SDWK WXUQHG DQG
VORSHG VWHHSO\ LQWR WKH PDLQ VWUHHW ,W ZRXOG KDYH UHTXLUHG DQ H[SHULHQFHG PDQ WR NHHS WKH WRS
KHDY\VOHGXSULJKWDQG+DOZDVQRWVXFKDPDQ$VWKH\VZXQJRQWKHWXUQWKHVOHGZHQWRYHU
VSLOOLQJ KDOI LWV ORDG WKURXJK WKH ORRVH ODVKLQJV 7KH GRJV QHYHU VWRSSHG 7KH OLJKWHQHG VOHG
ERXQGHGRQLWVVLGHEHKLQGWKHP7KH\ZHUHDQJU\EHFDXVHRIWKHLOOWUHDWPHQWWKH\KDGUHFHLYHG
DQGWKHXQMXVWORDG%XFNZDVUDJLQJ+HEURNHLQWRDUXQWKHWHDPIROORZLQJKLVOHDG+DOFULHG
:KRDZKRDEXWWKH\JDYHQRKHHG+HWULSSHGDQGZDVSXOOHGRIIKLVIHHW7KHFDSVL]HGVOHG
JURXQGRYHUKLPDQGWKHGRJVGDVKHGRQXSWKHVWUHHWDGGLQJWRWKHJD\HW\RI6NDJXD\DVWKH\
VFDWWHUHGWKHUHPDLQGHURIWKHRXWILWDORQJLWVFKLHIWKRURXJKIDUH
.LQGKHDUWHGFLWL]HQVFDXJKWWKHGRJVDQGJDWKHUHGXSWKHVFDWWHUHGEHORQJLQJV$OVRWKH\JDYH
DGYLFH+DOIWKHORDGDQGWZLFHWKHGRJVLIWKH\ HYHU H[SHFWHG WR UHDFK 'DZVRQ ZDV ZKDW ZDV
VDLG +DO DQG KLV VLVWHU DQG EURWKHULQODZ OLVWHQHG XQZLOOLQJO\ SLWFKHG WHQW DQG RYHUKDXOHG WKH
RXWILW&DQQHGJRRGVZHUHWXUQHGRXWWKDWPDGHPHQODXJKIRUFDQQHGJRRGVRQWKH/RQJ7UDLOLV
DWKLQJWRGUHDPDERXW%ODQNHWVIRUDKRWHOTXRWKRQHRIWKHPHQZKRODXJKHGDQGKHOSHG+DOI
DVPDQ\LVWRRPXFKJHWULGRIWKHP7KURZDZD\WKDWWHQWDQGDOOWKRVHGLVKHV³ZKR
VJRLQJWR
ZDVKWKHPDQ\ZD\"*RRG/RUGGR\RXWKLQN\RX
UHWUDYHOOLQJRQD3XOOPDQ"
$QGVRLWZHQWWKHLQH[RUDEOHHOLPLQDWLRQRIWKHVXSHUIOXRXV0HUFHGHVFULHGZKHQKHUFORWKHV
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
EDJVZHUHGXPSHGRQWKHJURXQGDQGDUWLFOHDIWHUDUWLFOHZDVWKURZQRXW6KHFULHGLQJHQHUDODQG
VKHFULHGLQSDUWLFXODURYHUHDFKGLVFDUGHGWKLQJ6KHFODVSHGKDQGVDERXWNQHHVURFNLQJEDFNDQG
IRUWK EURNHQKHDUWHGO\ 6KH DYHUUHG VKH ZRXOG QRW JR DQ LQFK QRW IRU D GR]HQ &KDUOHVHV 6KH
DSSHDOHGWRHYHU\ERG\DQGWRHYHU\WKLQJILQDOO\ZLSLQJKHUH\HVDQGSURFHHGLQJWRFDVWRXWHYHQ
DUWLFOHVRIDSSDUHOWKDWZHUHLPSHUDWLYHQHFHVVDULHV$QGLQKHU]HDOZKHQVKHKDGILQLVKHGZLWK
KHURZQVKHDWWDFNHGWKHEHORQJLQJVRIKHUPHQDQGZHQWWKURXJKWKHPOLNHDWRUQDGR
7KLV DFFRPSOLVKHG WKH RXWILW WKRXJK FXW LQ KDOI ZDV VWLOO D IRUPLGDEOH EXON &KDUOHV DQG +DO
ZHQWRXWLQWKHHYHQLQJDQGERXJKWVL[2XWVLGHGRJV7KHVHDGGHGWRWKHVL[RIWKHRULJLQDOWHDP
DQG7HHNDQG.RRQDWKHKXVNLHVREWDLQHGDWWKH5LQN5DSLGVRQWKHUHFRUGWULSEURXJKWWKHWHDP
XS WR IRXUWHHQ %XW WKH 2XWVLGH GRJV WKRXJK SUDFWLFDOO\ EURNHQ LQ VLQFH WKHLU ODQGLQJ GLG QRW
DPRXQWWRPXFK7KUHHZHUHVKRUWKDLUHGSRLQWHUVRQH ZDV D 1HZIRXQGODQG DQG WKH RWKHU WZR
ZHUH PRQJUHOV RI LQGHWHUPLQDWH EUHHG 7KH\ GLG QRW VHHP WR NQRZ DQ\WKLQJ WKHVH QHZFRPHUV
%XFNDQGKLVFRPUDGHVORRNHGXSRQWKHPZLWKGLVJXVWDQGWKRXJKKHVSHHGLO\WDXJKWWKHPWKHLU
SODFHVDQGZKDWQRWWRGRKHFRXOGQRWWHDFKWKHPZKDWWRGR7KH\GLGQRWWDNHNLQGO\WRWUDFH
DQGWUDLO:LWKWKHH[FHSWLRQRIWKHWZRPRQJUHOVWKH\ZHUHEHZLOGHUHGDQGVSLULWEURNHQE\WKH
VWUDQJH VDYDJH HQYLURQPHQW LQ ZKLFK WKH\ IRXQG WKHPVHOYHV DQG E\ WKH LOO WUHDWPHQW WKH\ KDG
UHFHLYHG7KHWZRPRQJUHOVZHUHZLWKRXWVSLULWDWDOOERQHVZHUHWKHRQO\WKLQJVEUHDNDEOHDERXW
WKHP
:LWK WKH QHZFRPHUV KRSHOHVV DQG IRUORUQ DQG WKH ROG WHDP ZRUQ RXW E\ WZHQW\ILYH KXQGUHG
PLOHVRIFRQWLQXRXVWUDLOWKHRXWORRNZDVDQ\WKLQJEXWEULJKW7KHWZRPHQKRZHYHUZHUHTXLWH
FKHHUIXO$QGWKH\ZHUHSURXGWRR7KH\ZHUHGRLQJWKHWKLQJLQVW\OHZLWKIRXUWHHQGRJV7KH\
KDGVHHQRWKHUVOHGVGHSDUWRYHUWKH3DVVIRU'DZVRQRUFRPHLQIURP'DZVRQEXWQHYHUKDGWKH\
VHHQDVOHGZLWKVRPDQ\DVIRXUWHHQGRJV,QWKHQDWXUHRI$UFWLFWUDYHOWKHUHZDVDUHDVRQZK\
IRXUWHHQ GRJV VKRXOG QRW GUDJ RQH VOHG DQG WKDW ZDV WKDW RQH VOHG FRXOG QRW FDUU\ WKH IRRG IRU
IRXUWHHQGRJV%XW&KDUOHVDQG+DOGLGQRWNQRZWKLV7KH\KDGZRUNHGWKHWULSRXWZLWKDSHQFLO
VRPXFKWRDGRJVRPDQ\GRJVVRPDQ\GD\V4('0HUFHGHVORRNHGRYHUWKHLUVKRXOGHUVDQG
QRGGHGFRPSUHKHQVLYHO\LWZDVDOOVRYHU\VLPSOH
/DWHQH[WPRUQLQJ%XFNOHGWKHORQJWHDPXSWKHVWUHHW7KHUHZDVQRWKLQJOLYHO\ DERXW LW QR
VQDSRUJRLQKLPDQGKLVIHOORZV7KH\ZHUHVWDUWLQJGHDGZHDU\)RXUWLPHVKHKDGFRYHUHGWKH
GLVWDQFHEHWZHHQ6DOW:DWHUDQG'DZVRQDQGWKHNQRZOHGJHWKDWMDGHGDQGWLUHGKHZDVIDFLQJ
WKHVDPHWUDLORQFHPRUHPDGHKLPELWWHU+LVKHDUWZDVQRWLQWKHZRUNQRUZDVWKHKHDUWRIDQ\
GRJ7KH2XWVLGHVZHUHWLPLGDQGIULJKWHQHGWKH,QVLGHVZLWKRXWFRQILGHQFHLQWKHLUPDVWHUV
%XFNIHOWYDJXHO\WKDWWKHUHZDVQRGHSHQGLQJXSRQWKHVHWZRPHQDQGWKHZRPDQ7KH\GLG
QRW NQRZ KRZ WR GR DQ\WKLQJ DQG DV WKH GD\V ZHQW E\ LW EHFDPH DSSDUHQW WKDW WKH\ FRXOG QRW
OHDUQ7KH\ZHUHVODFNLQDOOWKLQJVZLWKRXWRUGHURUGLVFLSOLQH,WWRRNWKHPKDOIWKHQLJKWWRSLWFK
DVORYHQO\ FDPS DQG KDOI WKH PRUQLQJ WR EUHDN WKDW FDPS DQG JHW WKH VOHG ORDGHG LQ IDVKLRQ VR
VORYHQO\WKDWIRUWKHUHVWRIWKHGD\WKH\ZHUHRFFXSLHGLQVWRSSLQJDQGUHDUUDQJLQJWKHORDG6RPH
GD\VWKH\GLGQRWPDNHWHQPLOHV2QRWKHUGD\VWKH\ZHUHXQDEOHWRJHWVWDUWHGDWDOO$QGRQQR
GD\GLGWKH\VXFFHHGLQPDNLQJPRUHWKDQKDOIWKHGLVWDQFHXVHGE\WKHPHQDVDEDVLVLQWKHLUGRJ
IRRGFRPSXWDWLRQ
,W ZDV LQHYLWDEOH WKDW WKH\ VKRXOG JR VKRUW RQ GRJIRRG %XW WKH\ KDVWHQHG LW E\ RYHUIHHGLQJ
EULQJLQJWKHGD\QHDUHUZKHQXQGHUIHHGLQJZRXOGFRPPHQFH7KH2XWVLGHGRJVZKRVHGLJHVWLRQV
KDG QRW EHHQ WUDLQHG E\ FKURQLF IDPLQH WR PDNH WKH PRVW RI OLWWOH KDG YRUDFLRXV DSSHWLWHV $QG
ZKHQLQDGGLWLRQWRWKLVWKHZRUQRXWKXVNLHVSXOOHGZHDNO\+DOGHFLGHGWKDWWKHRUWKRGR[UDWLRQ
ZDVWRRVPDOO+HGRXEOHGLW$QGWRFDSLWDOOZKHQ0HUFHGHVZLWKWHDUVLQKHUSUHWW\H\HVDQGD
TXDYHULQKHUWKURDWFRXOGQRWFDMROHKLPLQWRJLYLQJWKHGRJVVWLOOPRUHVKHVWROHIURPWKHILVK
VDFNV DQG IHG WKHP VO\O\ %XW LW ZDV QRW IRRG WKDW %XFN DQG WKH KXVNLHV QHHGHG EXW UHVW $QG
WKRXJKWKH\ZHUHPDNLQJSRRUWLPHWKHKHDY\ORDGWKH\GUDJJHGVDSSHGWKHLUVWUHQJWKVHYHUHO\
7KHQFDPHWKHXQGHUIHHGLQJ+DODZRNHRQHGD\WRWKHIDFWWKDWKLVGRJIRRGZDVKDOIJRQHDQG
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
WKHGLVWDQFHRQO\TXDUWHUFRYHUHGIXUWKHUWKDWIRUORYHRUPRQH\QRDGGLWLRQDOGRJIRRGZDVWREH
REWDLQHG6RKHFXWGRZQHYHQWKHRUWKRGR[UDWLRQDQGWULHGWRLQFUHDVHWKHGD\
VWUDYHO+LVVLVWHU
DQG EURWKHULQODZ VHFRQGHG KLP EXW WKH\ ZHUH IUXVWUDWHG E\ WKHLU KHDY\ RXWILW DQG WKHLU RZQ
LQFRPSHWHQFH,WZDVDVLPSOHPDWWHUWRJLYHWKHGRJVOHVVIRRGEXWLWZDVLPSRVVLEOHWRPDNHWKH
GRJVWUDYHOIDVWHUZKLOHWKHLURZQLQDELOLW\WRJHWXQGHUZD\HDUOLHULQWKHPRUQLQJSUHYHQWHGWKHP
IURPWUDYHOOLQJORQJHUKRXUV1RWRQO\GLGWKH\QRWNQRZKRZWRZRUNGRJVEXWWKH\GLGQRWNQRZ
KRZWRZRUNWKHPVHOYHV
7KHILUVWWRJRZDV'XE3RRUEOXQGHULQJWKLHIWKDWKHZDVDOZD\VJHWWLQJFDXJKWDQGSXQLVKHG
KHKDGQRQHWKHOHVVEHHQDIDLWKIXOZRUNHU+LVZUHQFKHGVKRXOGHUEODGHXQWUHDWHGDQGXQUHVWHG
ZHQWIURPEDGWRZRUVHWLOOILQDOO\+DOVKRWKLPZLWKWKHELJ&ROW
VUHYROYHU,WLVDVD\LQJRIWKH
FRXQWU\ WKDW DQ 2XWVLGH GRJ VWDUYHV WR GHDWK RQ WKH UDWLRQ RI WKH KXVN\ VR WKH VL[ 2XWVLGH GRJV
XQGHU%XFNFRXOGGRQROHVVWKDQGLHRQKDOIWKHUDWLRQRIWKHKXVN\7KH1HZIRXQGODQGZHQWILUVW
IROORZHGE\WKHWKUHHVKRUWKDLUHGSRLQWHUVWKHWZRPRQJUHOVKDQJLQJPRUHJULWWLO\RQWROLIH EXW
JRLQJLQWKHHQG
%\WKLVWLPHDOOWKHDPHQLWLHVDQGJHQWOHQHVVHVRIWKH6RXWKODQGKDGIDOOHQDZD\IURPWKHWKUHH
SHRSOH6KRUQRILWVJODPRXUDQGURPDQFH$UFWLFWUDYHOEHFDPHWRWKHPDUHDOLW\WRRKDUVKIRUWKHLU
PDQKRRG DQG ZRPDQKRRG 0HUFHGHV FHDVHG ZHHSLQJ RYHU WKH GRJV EHLQJ WRR RFFXSLHG ZLWK
ZHHSLQJRYHUKHUVHOIDQGZLWKTXDUUHOOLQJZLWKKHUKXVEDQGDQGEURWKHU7RTXDUUHO ZDV WKH RQH
WKLQJWKH\ZHUHQHYHUWRRZHDU\WRGR7KHLULUULWDELOLW\DURVHRXWRIWKHLUPLVHU\LQFUHDVHGZLWKLW
GRXEOHGXSRQLWRXWGLVWDQFHGLW7KHZRQGHUIXOSDWLHQFHRIWKHWUDLOZKLFKFRPHVWRPHQZKRWRLO
KDUGDQGVXIIHUVRUHDQGUHPDLQVZHHWRIVSHHFKDQGNLQGO\GLGQRWFRPHWRWKHVHWZRPHQDQG
WKH ZRPDQ 7KH\ KDG QR LQNOLQJ RI VXFK D SDWLHQFH 7KH\ ZHUH VWLII DQG LQ SDLQ WKHLU PXVFOHV
DFKHGWKHLUERQHVDFKHGWKHLUYHU\KHDUWVDFKHGDQGEHFDXVHRIWKLVWKH\EHFDPHVKDUSRIVSHHFK
DQGKDUGZRUGVZHUHILUVWRQWKHLUOLSVLQWKHPRUQLQJDQGODVWDWQLJKW
&KDUOHVDQG+DOZUDQJOHGZKHQHYHU0HUFHGHVJDYHWKHPDFKDQFH,WZDVWKHFKHULVKHGEHOLHI
RIHDFKWKDWKHGLGPRUHWKDQKLVVKDUHRIWKHZRUNDQGQHLWKHUIRUERUHWRVSHDNWKLVEHOLHIDWHYHU\
RSSRUWXQLW\6RPHWLPHV0HUFHGHVVLGHGZLWKKHUKXVEDQGVRPHWLPHVZLWKKHUEURWKHU7KHUHVXOW
ZDVDEHDXWLIXODQGXQHQGLQJIDPLO\TXDUUHO6WDUWLQJIURPDGLVSXWHDVWRZKLFKVKRXOGFKRSDIHZ
VWLFNVIRUWKHILUHDGLVSXWHZKLFKFRQFHUQHGRQO\&KDUOHVDQG+DOSUHVHQWO\ZRXOGEHOXJJHGLQ
WKHUHVWRIWKHIDPLO\IDWKHUVPRWKHUVXQFOHVFRXVLQVSHRSOHWKRXVDQGVRIPLOHVDZD\DQGVRPH
RI WKHP GHDG 7KDW +DO
V YLHZV RQ DUW RU WKH VRUW RI VRFLHW\ SOD\V KLV PRWKHU
V EURWKHU ZURWH
VKRXOGKDYHDQ\WKLQJWRGRZLWKWKHFKRSSLQJRIDIHZVWLFNVRIILUHZRRGSDVVHVFRPSUHKHQVLRQ
QHYHUWKHOHVV WKH TXDUUHO ZDV DV OLNHO\ WR WHQG LQ WKDW GLUHFWLRQ DV LQ WKH GLUHFWLRQ RI &KDUOHV
V
SROLWLFDOSUHMXGLFHV$QGWKDW&KDUOHV
VVLVWHU
VWDOHEHDULQJWRQJXHVKRXOGEHUHOHYDQWWRWKHEXLOGLQJ
RI D <XNRQ ILUH ZDV DSSDUHQW RQO\ WR 0HUFHGHV ZKR GLVEXUGHQHG KHUVHOI RI FRSLRXV RSLQLRQV
XSRQ WKDW WRSLF DQG LQFLGHQWDOO\ XSRQ D IHZ RWKHU WUDLWV XQSOHDVDQWO\ SHFXOLDU WR KHU KXVEDQG
V
IDPLO\,QWKHPHDQWLPHWKHILUHUHPDLQHGXQEXLOWWKHFDPSKDOISLWFKHGDQGWKHGRJVXQIHG
0HUFHGHV QXUVHG D VSHFLDO JULHYDQFH³WKH JULHYDQFH RI VH[ 6KH ZDV SUHWW\ DQG VRIW DQG KDG
EHHQFKLYDOURXVO\WUHDWHGDOOKHUGD\V%XWWKHSUHVHQWWUHDWPHQWE\KHUKXVEDQGDQGEURWKHUZDV
HYHU\WKLQJ VDYH FKLYDOURXV ,W ZDV KHU FXVWRP WR EH KHOSOHVV 7KH\ FRPSODLQHG 8SRQ ZKLFK
LPSHDFKPHQW RI ZKDW WR KHU ZDV KHU PRVW HVVHQWLDO VH[SUHURJDWLYH VKH PDGH WKHLU OLYHV
XQHQGXUDEOH6KHQRORQJHUFRQVLGHUHGWKHGRJVDQGEHFDXVHVKHZDVVRUHDQGWLUHGVKHSHUVLVWHG
LQULGLQJRQWKHVOHG6KHZDVSUHWW\DQGVRIWEXWVKHZHLJKHGRQHKXQGUHGDQGWZHQW\SRXQGV³D
OXVW\ODVWVWUDZWRWKHORDGGUDJJHGE\WKHZHDNDQGVWDUYLQJDQLPDOV6KHURGHIRUGD\VWLOOWKH\
IHOOLQWKHWUDFHVDQGWKHVOHGVWRRGVWLOO&KDUOHVDQG+DOEHJJHGKHUWRJHWRIIDQGZDONSOHDGHG
ZLWKKHUHQWUHDWHGWKHZKLOHVKHZHSWDQGLPSRUWXQHG+HDYHQZLWKDUHFLWDORIWKHLUEUXWDOLW\
2QRQHRFFDVLRQWKH\WRRNKHURIIWKHVOHGE\PDLQVWUHQJWK7KH\QHYHUGLGLWDJDLQ6KHOHWKHU
OHJVJROLPSOLNHDVSRLOHGFKLOGDQGVDWGRZQRQWKHWUDLO7KH\ZHQWRQWKHLUZD\EXWVKHGLGQRW
PRYH$IWHUWKH\KDGWUDYHOOHGWKUHHPLOHVWKH\XQORDGHGWKHVOHGFDPHEDFNIRUKHUDQGE\PDLQ
VWUHQJWKSXWKHURQWKHVOHGDJDLQ
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
,QWKHH[FHVVRIWKHLURZQPLVHU\WKH\ZHUHFDOORXVWRWKHVXIIHULQJRIWKHLUDQLPDOV+DO
VWKHRU\
ZKLFKKHSUDFWLVHGRQRWKHUVZDVWKDWRQHPXVWJHWKDUGHQHG+HKDGVWDUWHGRXWSUHDFKLQJLWWRKLV
VLVWHU DQG EURWKHULQODZ )DLOLQJ WKHUH KH KDPPHUHG LW LQWR WKH GRJV ZLWK D FOXE $W WKH )LYH
)LQJHUVWKHGRJIRRGJDYHRXWDQGDWRRWKOHVVROGVTXDZRIIHUHGWRWUDGHWKHPDIHZSRXQGVRI
IUR]HQKRUVHKLGHIRU WKH&ROW
VUHYROYHU WKDWNHSW WKHELJ KXQWLQJNQLIH FRPSDQ\DW+DO
V KLS$
SRRUVXEVWLWXWH IRU IRRG ZDV WKLV KLGH MXVW DV LW KDG EHHQ VWULSSHG IURP WKH VWDUYHG KRUVHV RI WKH
FDWWOHPHQVL[PRQWKVEDFN,QLWVIUR]HQVWDWHLWZDVPRUHOLNHVWULSVRIJDOYDQL]HGLURQDQGZKHQD
GRJZUHVWOHGLWLQWRKLVVWRPDFKLWWKDZHGLQWRWKLQDQGLQQXWULWLRXVOHDWKHU\VWULQJVDQGLQWRDPDVV
RIVKRUWKDLULUULWDWLQJDQGLQGLJHVWLEOH
$QG WKURXJK LW DOO %XFN VWDJJHUHG DORQJ DW WKH KHDG RI WKH WHDP DV LQ D QLJKWPDUH +H SXOOHG
ZKHQ KH FRXOG ZKHQ KH FRXOG QR ORQJHU SXOO KH IHOO GRZQ DQG UHPDLQHG GRZQ WLOO EORZV IURP
ZKLSRUFOXEGURYHKLPWRKLVIHHWDJDLQ$OOWKHVWLIIQHVVDQGJORVVKDGJRQHRXWRIKLVEHDXWLIXO
IXUU\FRDW7KHKDLUKXQJGRZQOLPSDQGGUDJJOHGRUPDWWHGZLWKGULHGEORRGZKHUH+DO
VFOXE
KDG EUXLVHG KLP +LV PXVFOHV KDG ZDVWHG DZD\ WR NQRWW\ VWULQJV DQG WKH IOHVK SDGV KDG
GLVDSSHDUHGVRWKDWHDFKULEDQGHYHU\ERQHLQKLVIUDPHZHUHRXWOLQHGFOHDQO\WKURXJKWKHORRVH
KLGH WKDW ZDV ZULQNOHG LQ IROGV RI HPSWLQHVV ,W ZDV KHDUWEUHDNLQJ RQO\ %XFN
V KHDUW ZDV
XQEUHDNDEOH7KHPDQLQWKHUHGVZHDWHUKDGSURYHGWKDW
$VLWZDVZLWK%XFNVRZDVLWZLWKKLVPDWHV7KH\ZHUHSHUDPEXODWLQJVNHOHWRQV7KHUHZHUH
VHYHQDOOWRJHWKHULQFOXGLQJKLP,QWKHLUYHU\JUHDWPLVHU\WKH\KDGEHFRPHLQVHQVLEOHWRWKHELWH
RIWKHODVKRUWKHEUXLVHRIWKHFOXE7KHSDLQRIWKHEHDWLQJZDVGXOODQGGLVWDQWMXVWDVWKHWKLQJV
WKHLUH\HVVDZDQGWKHLUHDUVKHDUGVHHPHGGXOODQGGLVWDQW7KH\ZHUHQRWKDOIOLYLQJRUTXDUWHU
OLYLQJ7KH\ZHUHVLPSO\VRPDQ\EDJVRIERQHVLQZKLFKVSDUNVRIOLIHIOXWWHUHGIDLQWO\:KHQD
KDOWZDVPDGHWKH\GURSSHGGRZQLQWKHWUDFHVOLNHGHDGGRJVDQGWKHVSDUNGLPPHGDQG SDOHG
DQGVHHPHGWRJRRXW$QGZKHQWKHFOXERUZKLSIHOOXSRQWKHPWKHVSDUNIOXWWHUHGIHHEO\XSDQG
WKH\WRWWHUHGWRWKHLUIHHWDQGVWDJJHUHGRQ
7KHUHFDPHDGD\ZKHQ%LOOHHWKHJRRGQDWXUHGIHOODQGFRXOGQRWULVH+DOKDGWUDGHGRIIKLV
UHYROYHUVRKHWRRNWKHD[HDQGNQRFNHG%LOOHHRQWKHKHDGDVKHOD\LQWKHWUDFHVWKHQFXWWKH
FDUFDVVRXWRIWKHKDUQHVVDQGGUDJJHGLWWRRQHVLGH%XFNVDZDQGKLVPDWHVVDZDQGWKH\NQHZ
WKDWWKLVWKLQJZDVYHU\FORVHWRWKHP2QWKHQH[WGD\.RRQDZHQWDQGEXWILYHRIWKHPUHPDLQHG
-RH WRR IDU JRQH WR EH PDOLJQDQW 3LNH FULSSOHG DQG OLPSLQJ RQO\ KDOI FRQVFLRXV DQG QRW
FRQVFLRXV HQRXJK ORQJHU WR PDOLQJHU 6ROOHNV WKH RQHH\HG VWLOO IDLWKIXO WR WKH WRLO RI WUDFH DQG
WUDLODQGPRXUQIXOLQWKDWKHKDGVROLWWOHVWUHQJWKZLWKZKLFKWRSXOO7HHNZKRKDGQRWWUDYHOOHG
VRIDUWKDWZLQWHUDQGZKRZDVQRZEHDWHQPRUHWKDQWKHRWKHUVEHFDXVHKHZDVIUHVKHUDQG%XFN
VWLOODWWKHKHDGRIWKHWHDPEXWQRORQJHUHQIRUFLQJGLVFLSOLQHRUVWULYLQJWRHQIRUFHLWEOLQGZLWK
ZHDNQHVVKDOIWKHWLPHDQGNHHSLQJWKHWUDLOE\WKHORRPRILWDQGE\WKHGLPIHHORIKLVIHHW
,WZDVEHDXWLIXOVSULQJZHDWKHUEXWQHLWKHUGRJVQRUKXPDQVZHUHDZDUHRILW(DFKGD\WKHVXQ
URVH HDUOLHU DQG VHW ODWHU ,W ZDV GDZQ E\ WKUHH LQ WKH PRUQLQJ DQG WZLOLJKW OLQJHUHG WLOO QLQH DW
QLJKW7KHZKROHORQJGD\ZDVDEOD]HRIVXQVKLQH7KHJKRVWO\ZLQWHUVLOHQFHKDGJLYHQZD\WR
WKHJUHDWVSULQJPXUPXURIDZDNHQLQJOLIH7KLVPXUPXUDURVHIURPDOOWKHODQGIUDXJKWZLWKWKH
MR\RIOLYLQJ,WFDPHIURPWKHWKLQJVWKDWOLYHGDQGPRYHGDJDLQWKLQJVZKLFKKDGEHHQDVGHDG
DQGZKLFKKDGQRWPRYHGGXULQJ WKH ORQJ PRQWKV RI IURVW 7KH VDS ZDV ULVLQJ LQ WKH SLQHV 7KH
ZLOORZVDQGDVSHQVZHUHEXUVWLQJRXWLQ\RXQJEXGV6KUXEVDQGYLQHVZHUHSXWWLQJRQIUHVKJDUEV
RIJUHHQ&ULFNHWVVDQJLQWKHQLJKWVDQGLQWKHGD\VDOOPDQQHURIFUHHSLQJFUDZOLQJWKLQJVUXVWOHG
IRUWKLQWRWKHVXQ3DUWULGJHVDQGZRRGSHFNHUVZHUHERRPLQJDQGNQRFNLQJLQWKHIRUHVW6TXLUUHOV
ZHUH FKDWWHULQJ ELUGV VLQJLQJ DQG RYHUKHDG KRQNHG WKH ZLOGIRZO GULYLQJ XS IURP WKH VRXWK LQ
FXQQLQJZHGJHVWKDWVSOLWWKHDLU
)URP HYHU\ KLOO VORSH FDPH WKH WULFNOH RI UXQQLQJ ZDWHU WKH PXVLF RI XQVHHQ IRXQWDLQV $OO
WKLQJV ZHUH WKDZLQJ EHQGLQJ VQDSSLQJ 7KH <XNRQ ZDV VWUDLQLQJ WR EUHDN ORRVH WKH LFH WKDW
ERXQGLWGRZQ,WDWHDZD\IURPEHQHDWKWKHVXQDWHIURPDERYH$LUKROHVIRUPHGILVVXUHVVSUDQJ
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
DQG VSUHDG DSDUW ZKLOH WKLQ VHFWLRQV RI LFH IHOO WKURXJK ERGLO\ LQWR WKH ULYHU $QG DPLG DOO WKLV
EXUVWLQJUHQGLQJWKUREELQJRIDZDNHQLQJOLIHXQGHUWKHEOD]LQJVXQDQGWKURXJKWKHVRIWVLJKLQJ
EUHH]HVOLNHZD\IDUHUVWRGHDWKVWDJJHUHGWKHWZRPHQWKHZRPDQDQGWKHKXVNLHV
:LWKWKHGRJVIDOOLQJ0HUFHGHVZHHSLQJDQGULGLQJ+DOVZHDULQJLQQRFXRXVO\DQG&KDUOHV
V
H\HV ZLVWIXOO\ ZDWHULQJ WKH\ VWDJJHUHG LQWR -RKQ 7KRUQWRQ
V FDPS DW WKH PRXWK RI :KLWH 5LYHU
:KHQWKH\KDOWHGWKHGRJVGURSSHGGRZQDVWKRXJKWKH\KDGDOOEHHQVWUXFNGHDG0HUFHGHVGULHG
KHUH\HVDQGORRNHGDW-RKQ7KRUQWRQ&KDUOHVVDWGRZQRQDORJWRUHVW+HVDWGRZQYHU\VORZO\
DQGSDLQVWDNLQJO\ZKDWRIKLVJUHDWVWLIIQHVV+DOGLGWKHWDONLQJ-RKQ7KRUQWRQZDVZKLWWOLQJWKH
ODVWWRXFKHVRQDQD[HKDQGOH KH KDG PDGH IURP D VWLFN RI ELUFK +H ZKLWWOHG DQG OLVWHQHG JDYH
PRQRV\OODELFUHSOLHVDQGZKHQLWZDVDVNHGWHUVHDGYLFH+HNQHZWKH EUHHG DQG KH JDYH KLV
DGYLFHLQWKHFHUWDLQW\WKDWLWZRXOGQRWEHIROORZHG
7KH\WROGXVXSDERYHWKDWWKHERWWRPZDVGURSSLQJRXWRIWKHWUDLODQGWKDWWKHEHVWWKLQJIRUXV
WRGRZDVWROD\RYHU+DOVDLGLQUHVSRQVHWR7KRUQWRQ
VZDUQLQJWRWDNHQRPRUHFKDQFHVRQWKH
URWWHQLFH7KH\WROGXVZHFRXOGQ
WPDNH:KLWH5LYHUDQGKHUHZHDUH7KLVODVWZLWKDVQHHULQJ
ULQJRIWULXPSKLQLW
$QG WKH\ WROG \RX WUXH -RKQ 7KRUQWRQ DQVZHUHG 7KH ERWWRP
V OLNHO\ WR GURS RXW DW DQ\
PRPHQW2QO\IRROVZLWKWKHEOLQGOXFNRIIRROVFRXOGKDYHPDGHLW,WHOO\RXVWUDLJKW,ZRXOGQ
W
ULVNP\FDUFDVVRQWKDWLFHIRUDOOWKHJROGLQ$ODVND
7KDW
VEHFDXVH\RX
UHQRWDIRRO,VXSSRVHVDLG+DO$OOWKHVDPHZH
OOJRRQWR'DZVRQ
+HXQFRLOHGKLVZKLS*HWXSWKHUH%XFN+L*HWXSWKHUH0XVKRQ
7KRUQWRQZHQWRQZKLWWOLQJ,WZDVLGOHKHNQHZWRJHWEHWZHHQDIRRODQGKLVIROO\ZKLOHWZR
RUWKUHHIRROVPRUHRUOHVVZRXOGQRWDOWHUWKHVFKHPHRIWKLQJV
%XWWKHWHDPGLGQRWJHWXSDWWKHFRPPDQG,WKDGORQJVLQFHSDVVHGLQWRWKHVWDJHZKHUHEORZV
ZHUH UHTXLUHG WR URXVH LW 7KH ZKLS IODVKHG RXW KHUH DQG WKHUH RQ LWV PHUFLOHVV HUUDQGV -RKQ
7KRUQWRQFRPSUHVVHGKLVOLSV6ROOHNVZDVWKHILUVWWRFUDZOWRKLVIHHW7HHNIROORZHG-RHFDPH
QH[W\HOSLQJZLWKSDLQ3LNHPDGHSDLQIXOHIIRUWV7ZLFHKHIHOORYHUZKHQ KDOI XSDQG RQ WKH
WKLUGDWWHPSWPDQDJHGWRULVH%XFNPDGHQRHIIRUW+HOD\TXLHWO\ZKHUHKHKDGIDOOHQ7KHODVK
ELWLQWRKLPDJDLQDQGDJDLQEXWKHQHLWKHUZKLQHGQRUVWUXJJOHG6HYHUDOWLPHV7KRUQWRQVWDUWHG
DV WKRXJK WR VSHDN EXW FKDQJHG KLV PLQG $ PRLVWXUH FDPH LQWR KLV H\HV DQG DV WKH ZKLSSLQJ
FRQWLQXHGKHDURVHDQGZDONHGLUUHVROXWHO\XSDQGGRZQ
7KLVZDVWKHILUVWWLPH%XFNKDGIDLOHGLQLWVHOIDVXIILFLHQWUHDVRQWRGULYH+DOLQWRDUDJH+H
H[FKDQJHGWKHZKLSIRUWKHFXVWRPDU\FOXE%XFNUHIXVHGWRPRYHXQGHUWKHUDLQRIKHDYLHUEORZV
ZKLFKQRZIHOOXSRQKLP/LNHKLVPDWHVKHZDVEDUHO\DEOHWRJHWXSEXWXQOLNHWKHPKHKDG
PDGHXSKLVPLQGQRWWRJHWXS+HKDGDYDJXHIHHOLQJRILPSHQGLQJGRRP7KLVKDGEHHQVWURQJ
XSRQKLPZKHQKHSXOOHGLQWRWKHEDQNDQGLWKDGQRWGHSDUWHGIURPKLP:KDWRIWKHWKLQDQG
URWWHQLFHKHKDGIHOWXQGHUKLVIHHWDOOGD\LWVHHPHGWKDWKHVHQVHGGLVDVWHUFORVHDWKDQGRXWWKHUH
DKHDGRQWKHLFHZKHUHKLVPDVWHUZDVWU\LQJWRGULYHKLP+HUHIXVHG WR VWLU 6R JUHDWO\ KDG KH
VXIIHUHGDQGVRIDUJRQHZDVKHWKDWWKHEORZVGLGQRWKXUWPXFK$QGDVWKH\FRQWLQXHGWRIDOO
XSRQ KLP WKH VSDUN RI OLIH ZLWKLQ IOLFNHUHG DQG ZHQW GRZQ ,W ZDV QHDUO\ RXW +H IHOW VWUDQJHO\
QXPE$VWKRXJKIURPDJUHDWGLVWDQFHKHZDVDZDUHWKDWKHZDVEHLQJEHDWHQ7KHODVWVHQVDWLRQV
RI SDLQ OHIW KLP +H QR ORQJHU IHOW DQ\WKLQJ WKRXJK YHU\ IDLQWO\ KH FRXOG KHDU WKH LPSDFW RI WKH
FOXEXSRQKLVERG\%XWLWZDVQRORQJHUKLVERG\LWVHHPHGVRIDUDZD\
$QGWKHQVXGGHQO\ZLWKRXWZDUQLQJXWWHULQJDFU\WKDWZDVLQDUWLFXODWHDQGPRUHOLNHWKHFU\RI
DQDQLPDO-RKQ7KRUQWRQVSUDQJXSRQWKHPDQZKRZLHOGHGWKHFOXE+DOZDVKXUOHGEDFNZDUG
DV WKRXJK VWUXFN E\ D IDOOLQJ WUHH 0HUFHGHV VFUHDPHG &KDUOHV ORRNHG RQ ZLVWIXOO\ ZLSHG KLV
ZDWHU\H\HVEXWGLGQRWJHWXSEHFDXVHRIKLVVWLIIQHVV
-RKQ7KRUQWRQVWRRGRYHU%XFNVWUXJJOLQJWRFRQWUROKLPVHOIWRRFRQYXOVHGZLWKUDJHWRVSHDN
,I\RXVWULNHWKDWGRJDJDLQ,
OONLOO\RXKHDWODVWPDQDJHGWRVD\LQDFKRNLQJYRLFH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
,W
VP\GRJ+DOUHSOLHGZLSLQJWKHEORRGIURPKLVPRXWKDVKHFDPHEDFN*HWRXWRIP\
ZD\RU,
OOIL[\RX,
PJRLQJWR'DZVRQ
7KRUQWRQVWRRGEHWZHHQKLPDQG%XFNDQGHYLQFHGQRLQWHQWLRQRIJHWWLQJRXWRIWKHZD\+DO
GUHZ KLV ORQJ KXQWLQJNQLIH 0HUFHGHV VFUHDPHG FULHG ODXJKHG DQG PDQLIHVWHG WKH FKDRWLF
DEDQGRQPHQWRIK\VWHULD7KRUQWRQUDSSHG+DO
VNQXFNOHVZLWKWKHD[HKDQGOHNQRFNLQJWKHNQLIH
WRWKHJURXQG+HUDSSHGKLVNQXFNOHVDJDLQDVKHWULHGWRSLFNLWXS7KHQKHVWRRSHGSLFNHGLWXS
KLPVHOIDQGZLWKWZRVWURNHVFXW%XFN
VWUDFHV
+DOKDGQRILJKWOHIWLQKLP%HVLGHVKLVKDQGVZHUHIXOOZLWKKLVVLVWHURUKLVDUPVUDWKHUZKLOH
%XFNZDVWRRQHDUGHDGWREHRIIXUWKHUXVHLQKDXOLQJWKHVOHG$IHZPLQXWHVODWHUWKH\SXOOHGRXW
IURP WKH EDQN DQG GRZQ WKH ULYHU %XFN KHDUG WKHP JR DQG UDLVHG KLV KHDG WR VHH 3LNH ZDV
OHDGLQJ 6ROOHNV ZDV DW WKH ZKHHO DQG EHWZHHQ ZHUH -RH DQG 7HHN 7KH\ ZHUH OLPSLQJ DQG
VWDJJHULQJ0HUFHGHVZDVULGLQJWKHORDGHGVOHG+DOJXLGHGDWWKHJHHSROHDQG&KDUOHVVWXPEOHG
DORQJLQWKHUHDU
$V%XFNZDWFKHGWKHP7KRUQWRQNQHOWEHVLGHKLPDQGZLWKURXJKNLQGO\KDQGVVHDUFKHGIRU
EURNHQERQHV%\WKHWLPHKLVVHDUFKKDGGLVFORVHGQRWKLQJPRUHWKDQPDQ\EUXLVHVDQGDVWDWHRI
WHUULEOHVWDUYDWLRQWKHVOHGZDVDTXDUWHURIDPLOHDZD\'RJDQGPDQZDWFKHGLWFUDZOLQJDORQJ
RYHUWKHLFH6XGGHQO\WKH\VDZLWVEDFNHQGGURSGRZQDVLQWRDUXWDQGWKHJHHSROHZLWK+DO
FOLQJLQJWRLWMHUNLQWRWKHDLU0HUFHGHV
VVFUHDPFDPHWRWKHLUHDUV7KH\VDZ&KDUOHVWXUQDQG
PDNH RQH VWHS WR UXQ EDFN DQG WKHQ D ZKROH VHFWLRQ RI LFH JLYH ZD\ DQG GRJV DQG KXPDQV
GLVDSSHDU$\DZQLQJKROHZDVDOOWKDWZDVWREHVHHQ7KHERWWRPKDGGURSSHGRXWRIWKHWUDLO
-RKQ7KRUQWRQDQG%XFNORRNHGDWHDFKRWKHU
<RXSRRUGHYLOVDLG-RKQ7KRUQWRQDQG%XFNOLFNHGKLVKDQG
&KDSWHU9,)RUWKH/RYHRID0DQ
:KHQ -RKQ 7KRUQWRQ IUR]H KLV IHHW LQ WKH SUHYLRXV 'HFHPEHU KLV SDUWQHUV KDG PDGH KLP
FRPIRUWDEOHDQGOHIWKLPWRJHWZHOOJRLQJRQWKHPVHOYHVXSWKHULYHUWRJHWRXWDUDIWRIVDZORJV
IRU'DZVRQ+HZDVVWLOOOLPSLQJVOLJKWO\DWWKHWLPHKHUHVFXHG%XFNEXWZLWKWKHFRQWLQXHGZDUP
ZHDWKHUHYHQ WKH VOLJKW OLPS OHIW KLP $QG KHUH O\LQJ E\ WKH ULYHU EDQN WKURXJK WKH ORQJ VSULQJ
GD\VZDWFKLQJWKHUXQQLQJZDWHUOLVWHQLQJOD]LO\WRWKHVRQJVRIELUGVDQGWKHKXPRIQDWXUH%XFN
VORZO\ZRQEDFNKLVVWUHQJWK
$UHVWFRPHVYHU\JRRGDIWHURQHKDVWUDYHOOHGWKUHHWKRXVDQGPLOHVDQGLW PXVW EH FRQIHVVHG
WKDW%XFNZD[HGOD]\DVKLVZRXQGVKHDOHGKLVPXVFOHVVZHOOHGRXWDQGWKHIOHVKFDPHEDFNWR
FRYHUKLVERQHV)RUWKDWPDWWHUWKH\ZHUHDOOORDILQJ³%XFN-RKQ7KRUQWRQDQG6NHHWDQG1LJ
³ZDLWLQJIRUWKHUDIWWRFRPHWKDWZDVWRFDUU\WKHPGRZQWR'DZVRQ6NHHWZDVDOLWWOH,ULVKVHWWHU
ZKR HDUO\ PDGH IULHQGV ZLWK %XFN ZKR LQ D G\LQJ FRQGLWLRQ ZDV XQDEOH WR UHVHQW KHU ILUVW
DGYDQFHV 6KH KDG WKH GRFWRU WUDLW ZKLFK VRPH GRJV SRVVHVV DQG DV D PRWKHU FDW ZDVKHV KHU
NLWWHQVVRVKHZDVKHGDQGFOHDQVHG%XFN
VZRXQGV5HJXODUO\HDFKPRUQLQJDIWHUKHKDGILQLVKHG
KLV EUHDNIDVW VKH SHUIRUPHG KHU VHOIDSSRLQWHG WDVN WLOO KH FDPH WR ORRN IRU KHU PLQLVWUDWLRQV DV
PXFKDVKHGLGIRU7KRUQWRQ
V1LJHTXDOO\IULHQGO\WKRXJKOHVVGHPRQVWUDWLYHZDVDKXJHEODFN
GRJKDOIEORRGKRXQGDQGKDOIGHHUKRXQGZLWKH\HVWKDWODXJKHGDQGDERXQGOHVVJRRGQDWXUH
7R %XFN
V VXUSULVH WKHVH GRJV PDQLIHVWHG QR MHDORXV\ WRZDUG KLP 7KH\ VHHPHG WR VKDUH WKH
NLQGOLQHVVDQGODUJHQHVVRI-RKQ7KRUQWRQ$V%XFNJUHZVWURQJHUWKH\HQWLFHGKLPLQWRDOOVRUWVRI
ULGLFXORXV JDPHV LQ ZKLFK 7KRUQWRQ KLPVHOI FRXOG QRW IRUEHDU WR MRLQ DQG LQ WKLV IDVKLRQ %XFN
URPSHGWKURXJKKLVFRQYDOHVFHQFHDQGLQWRDQHZH[LVWHQFH/RYHJHQXLQHSDVVLRQDWHORYHZDV
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
KLVIRUWKHILUVWWLPH7KLVKHKDGQHYHUH[SHULHQFHGDW-XGJH0LOOHU
VGRZQLQWKHVXQNLVVHG6DQWD
&ODUD9DOOH\:LWKWKH-XGJH
VVRQVKXQWLQJDQGWUDPSLQJLWKDGEHHQDZRUNLQJSDUWQHUVKLSZLWK
WKH-XGJH
VJUDQGVRQVDVRUWRISRPSRXVJXDUGLDQVKLSDQGZLWKWKH-XGJHKLPVHOIDVWDWHO\DQG
GLJQLILHGIULHQGVKLS%XWORYHWKDWZDVIHYHULVKDQGEXUQLQJWKDWZDVDGRUDWLRQWKDWZDVPDGQHVV
LWKDGWDNHQ-RKQ7KRUQWRQWRDURXVH
7KLVPDQKDGVDYHGKLVOLIHZKLFKZDVVRPHWKLQJEXWIXUWKHUKHZDVWKHLGHDOPDVWHU2WKHU
PHQVDZWRWKHZHOIDUHRIWKHLUGRJVIURPDVHQVHRIGXW\DQGEXVLQHVVH[SHGLHQF\KHVDZWRWKH
ZHOIDUHRIKLVDVLIWKH\ZHUHKLVRZQFKLOGUHQEHFDXVHKHFRXOGQRWKHOSLW$QGKHVDZIXUWKHU
+HQHYHUIRUJRWDNLQGO\JUHHWLQJRUDFKHHULQJZRUGDQGWRVLWGRZQIRUDORQJ WDON ZLWK WKHP
JDVKHFDOOHGLWZDVDVPXFKKLVGHOLJKWDVWKHLUV+HKDGDZD\RIWDNLQJ%XFN
VKHDGURXJKO\
EHWZHHQ KLV KDQGV DQG UHVWLQJ KLV RZQ KHDG XSRQ %XFN
V RI VKDNLQJ KLP EDFN DQG IRUWK WKH
ZKLOH FDOOLQJ KLP LOO QDPHV WKDW WR %XFN ZHUH ORYH QDPHV %XFN NQHZ QR JUHDWHU MR\ WKDQ WKDW
URXJKHPEUDFHDQGWKHVRXQGRIPXUPXUHGRDWKVDQGDWHDFKMHUNEDFNDQGIRUWKLWVHHPHGWKDWKLV
KHDUWZRXOGEHVKDNHQRXWRIKLVERG\VRJUHDWZDVLWVHFVWDV\$QGZKHQUHOHDVHGKHVSUDQJWR
KLVIHHWKLVPRXWKODXJKLQJKLVH\HVHORTXHQWKLVWKURDWYLEUDQWZLWKXQXWWHUHGVRXQGDQGLQWKDW
IDVKLRQUHPDLQHGZLWKRXWPRYHPHQW-RKQ7KRUQWRQZRXOGUHYHUHQWO\H[FODLP*RG\RXFDQDOO
EXWVSHDN
%XFNKDGDWULFNRIORYHH[SUHVVLRQWKDWZDVDNLQWRKXUW+HZRXOGRIWHQVHL]H7KRUQWRQ
VKDQG
LQ KLV PRXWK DQG FORVH VR ILHUFHO\ WKDW WKH IOHVK ERUH WKH LPSUHVV RI KLV WHHWK IRU VRPH WLPH
DIWHUZDUG$QGDV%XFNXQGHUVWRRGWKHRDWKVWREHORYHZRUGVVRWKHPDQXQGHUVWRRGWKLVIHLJQHG
ELWHIRUDFDUHVV
)RUWKHPRVWSDUWKRZHYHU%XFN
VORYHZDVH[SUHVVHGLQDGRUDWLRQ:KLOHKHZHQWZLOGZLWK
KDSSLQHVVZKHQ7KRUQWRQWRXFKHGKLPRUVSRNHWRKLPKHGLGQRWVHHNWKHVHWRNHQV8QOLNH6NHHW
ZKRZDVZRQWWRVKRYHKHUQRVHXQGHU7KRUQWRQ
VKDQGDQGQXGJHDQGQXGJHWLOOSHWWHGRU1LJ
ZKRZRXOGVWDONXSDQGUHVWKLVJUHDWKHDGRQ7KRUQWRQ
VNQHH%XFNZDVFRQWHQWWRDGRUH DW D
GLVWDQFH +H ZRXOG OLH E\ WKH KRXU HDJHU DOHUW DW 7KRUQWRQ
V IHHW ORRNLQJ XS LQWR KLV IDFH
GZHOOLQJ XSRQ LW VWXG\LQJ LW IROORZLQJ ZLWK NHHQHVW LQWHUHVW HDFK IOHHWLQJ H[SUHVVLRQ HYHU\
PRYHPHQWRUFKDQJHRIIHDWXUH2UDVFKDQFHPLJKWKDYHLWKHZRXOGOLHIDUWKHUDZD\WRWKHVLGH
RUUHDUZDWFKLQJWKHRXWOLQHVRIWKHPDQDQGWKHRFFDVLRQDOPRYHPHQWV RI KLVERG\$QG RIWHQ
VXFK ZDV WKH FRPPXQLRQ LQ ZKLFK WKH\ OLYHG WKH VWUHQJWK RI %XFN
V JD]H ZRXOG GUDZ -RKQ
7KRUQWRQ
VKHDGDURXQGDQGKHZRXOGUHWXUQWKHJD]HZLWKRXWVSHHFKKLVKHDUWVKLQLQJRXWRIKLV
H\HVDV%XFN
VKHDUWVKRQHRXW
)RU D ORQJ WLPH DIWHU KLV UHVFXH %XFN GLG QRW OLNH 7KRUQWRQ WR JHW RXW RI KLV VLJKW )URP WKH
PRPHQWKHOHIWWKHWHQWWRZKHQKHHQWHUHGLWDJDLQ%XFNZRXOGIROORZDWKLVKHHOV+LVWUDQVLHQW
PDVWHUV VLQFH KH KDG FRPH LQWR WKH 1RUWKODQG KDG EUHG LQ KLP D IHDU WKDW QR PDVWHU FRXOG EH
SHUPDQHQW+HZDVDIUDLGWKDW7KRUQWRQZRXOGSDVVRXWRIKLVOLIHDV3HUUDXOWDQG)UDQFRLVDQGWKH
6FRWFKKDOIEUHHGKDGSDVVHGRXW(YHQLQWKHQLJKWLQKLVGUHDPVKHZDVKDXQWHGE\WKLVIHDU$W
VXFKWLPHVKHZRXOGVKDNHRIIVOHHSDQGFUHHSWKURXJKWKHFKLOOWRWKHIODSRIWKHWHQWZKHUH KH
ZRXOGVWDQGDQGOLVWHQWRWKHVRXQGRIKLVPDVWHU
VEUHDWKLQJ
%XWLQVSLWHRIWKLVJUHDWORYHKHERUH-RKQ7KRUQWRQZKLFKVHHPHGWREHVSHDNWKHVRIWFLYLOL]LQJ
LQIOXHQFHWKHVWUDLQRIWKHSULPLWLYHZKLFKWKH1RUWKODQGKDGDURXVHGLQKLPUHPDLQHGDOLYHDQG
DFWLYH )DLWKIXOQHVV DQG GHYRWLRQ WKLQJV ERUQ RI ILUH DQG URRI ZHUH KLV \HW KH UHWDLQHG KLV
ZLOGQHVVDQGZLOLQHVV+HZDVDWKLQJRIWKHZLOGFRPHLQIURPWKHZLOGWRVLWE\-RKQ7KRUQWRQ
V
ILUHUDWKHUWKDQDGRJRIWKHVRIW6RXWKODQGVWDPSHGZLWKWKHPDUNVRIJHQHUDWLRQVRIFLYLOL]DWLRQ
%HFDXVHRIKLVYHU\JUHDWORYHKHFRXOGQRWVWHDOIURPWKLVPDQEXWIURPDQ\RWKHUPDQLQDQ\
RWKHUFDPSKHGLGQRWKHVLWDWHDQLQVWDQWZKLOHWKHFXQQLQJZLWKZKLFK KH VWROHHQDEOHG KLP WR
HVFDSHGHWHFWLRQ
+LVIDFHDQGERG\ZHUHVFRUHGE\WKHWHHWKRIPDQ\GRJVDQGKHIRXJKWDVILHUFHO\DVHYHUDQG
PRUHVKUHZGO\6NHHWDQG1LJZHUHWRRJRRGQDWXUHGIRUTXDUUHOOLQJ³EHVLGHVWKH\EHORQJHGWR
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
-RKQ 7KRUQWRQ EXW WKH VWUDQJH GRJ QR PDWWHU ZKDW WKH EUHHG RU YDORU VZLIWO\ DFNQRZOHGJHG
%XFN
V VXSUHPDF\ RU IRXQG KLPVHOI VWUXJJOLQJ IRU OLIH ZLWK D WHUULEOH DQWDJRQLVW $QG %XFN ZDV
PHUFLOHVV+HKDGOHDUQHGZHOOWKHODZRIFOXEDQGIDQJDQGKHQHYHUIRUHZHQWDQDGYDQWDJHRU
GUHZEDFNIURPDIRHKHKDGVWDUWHGRQWKHZD\WR'HDWK+HKDGOHVVRQHGIURP6SLW]DQGIURP
WKH FKLHI ILJKWLQJ GRJV RI WKH SROLFH DQG PDLO DQG NQHZ WKHUH ZDV QR PLGGOH FRXUVH +H PXVW
PDVWHURUEHPDVWHUHGZKLOHWRVKRZPHUF\ZDVDZHDNQHVV0HUF\GLGQRWH[LVWLQWKHSULPRUGLDO
OLIH,WZDVPLVXQGHUVWRRGIRUIHDUDQGVXFKPLVXQGHUVWDQGLQJVPDGHIRUGHDWK.LOORUEHNLOOHG
HDWRUEHHDWHQZDVWKHODZDQGWKLVPDQGDWHGRZQRXWRIWKHGHSWKVRI7LPHKHREH\HG
+HZDVROGHUWKDQWKHGD\VKHKDGVHHQDQGWKHEUHDWKVKHKDGGUDZQ+HOLQNHGWKHSDVWZLWK
WKH SUHVHQW DQG WKH HWHUQLW\ EHKLQG KLP WKUREEHG WKURXJK KLP LQ D PLJKW\ UK\WKP WR ZKLFK KH
VZD\HG DV WKH WLGHV DQG VHDVRQV VZD\HG +H VDW E\ -RKQ 7KRUQWRQ
V ILUH D EURDGEUHDVWHG GRJ
ZKLWHIDQJHGDQGORQJIXUUHGEXWEHKLQGKLPZHUHWKHVKDGHVRIDOOPDQQHURIGRJVKDOIZROYHV
DQGZLOGZROYHVXUJHQWDQGSURPSWLQJWDVWLQJWKHVDYRURIWKHPHDWKHDWHWKLUVWLQJIRUWKHZDWHU
KHGUDQNVFHQWLQJWKHZLQGZLWKKLPOLVWHQLQJZLWKKLPDQGWHOOLQJKLPWKHVRXQGVPDGHE\WKH
ZLOGOLIHLQWKHIRUHVWGLFWDWLQJKLVPRRGVGLUHFWLQJKLVDFWLRQVO\LQJGRZQWRVOHHSZLWKKLPZKHQ
KH OD\ GRZQ DQG GUHDPLQJ ZLWK KLP DQG EH\RQG KLP DQG EHFRPLQJ WKHPVHOYHV WKH VWXII RI KLV
GUHDPV
6RSHUHPSWRULO\GLGWKHVHVKDGHVEHFNRQKLPWKDWHDFKGD\PDQNLQGDQGWKHFODLPVRIPDQNLQG
VOLSSHGIDUWKHUIURPKLP'HHSLQWKHIRUHVWDFDOOZDVVRXQGLQJDQGDVRIWHQDVKHKHDUGWKLVFDOO
P\VWHULRXVO\ WKULOOLQJ DQG OXULQJ KH IHOW FRPSHOOHG WR WXUQ KLV EDFN XSRQ WKH ILUH DQG WKH EHDWHQ
HDUWKDURXQGLWDQGWRSOXQJHLQWRWKHIRUHVWDQGRQDQGRQKHNQHZQRWZKHUHRUZK\QRUGLGKH
ZRQGHUZKHUHRUZK\WKHFDOOVRXQGLQJLPSHULRXVO\GHHSLQWKHIRUHVW%XWDVRIWHQDVKHJDLQHG
WKHVRIWXQEURNHQHDUWKDQGWKHJUHHQVKDGHWKHORYHIRU-RKQ7KRUQWRQGUHZKLPEDFNWRWKHILUH
DJDLQ
7KRUQWRQDORQHKHOGKLP7KHUHVWRIPDQNLQGZDVDVQRWKLQJ&KDQFHWUDYHOOHUVPLJKWSUDLVHRU
SHWKLPEXWKHZDVFROGXQGHULWDOODQGIURPDWRRGHPRQVWUDWLYHPDQKHZRXOGJHWXSDQGZDON
DZD\:KHQ7KRUQWRQ
VSDUWQHUV+DQVDQG3HWHDUULYHGRQWKHORQJH[SHFWHGUDIW%XFNUHIXVHGWR
QRWLFHWKHPWLOOKHOHDUQHGWKH\ZHUHFORVHWR7KRUQWRQDIWHUWKDWKHWROHUDWHGWKHPLQDSDVVLYHVRUW
RI ZD\ DFFHSWLQJ IDYRUV IURP WKHP DV WKRXJK KH IDYRUHG WKHP E\ DFFHSWLQJ 7KH\ ZHUH RI WKH
VDPHODUJHW\SHDV7KRUQWRQOLYLQJFORVHWRWKHHDUWKWKLQNLQJVLPSO\DQGVHHLQJFOHDUO\DQG HUH
WKH\VZXQJWKHUDIWLQWRWKHELJHGG\E\WKHVDZPLOODW'DZVRQWKH\ XQGHUVWRRG %XFN DQG KLV
ZD\VDQGGLGQRWLQVLVWXSRQDQLQWLPDF\VXFKDVREWDLQHGZLWK6NHHWDQG1LJ
)RU7KRUQWRQKRZHYHUKLVORYHVHHPHGWRJURZDQGJURZ+HDORQHDPRQJPHQFRXOGSXWD
SDFN XSRQ %XFN
V EDFN LQ WKH VXPPHU WUDYHOOLQJ 1RWKLQJ ZDV WRR JUHDW IRU %XFN WR GR ZKHQ
7KRUQWRQFRPPDQGHG2QHGD\WKH\KDGJUXEVWDNHGWKHPVHOYHVIURPWKHSURFHHGVRIWKHUDIWDQG
OHIW'DZVRQIRUWKHKHDGZDWHUVRIWKH7DQDQDWKHPHQDQGGRJVZHUHVLWWLQJRQWKHFUHVWRIDFOLII
ZKLFKIHOODZD\VWUDLJKWGRZQWRQDNHGEHGURFNWKUHHKXQGUHGIHHWEHORZ-RKQ7KRUQWRQZDV
VLWWLQJQHDUWKHHGJH%XFNDWKLVVKRXOGHU$WKRXJKWOHVVZKLPVHL]HG7KRUQWRQDQGKHGUHZWKH
DWWHQWLRQ RI +DQV DQG 3HWH WR WKH H[SHULPHQW KH KDG LQ PLQG -XPS %XFN KH FRPPDQGHG
VZHHSLQJ KLV DUP RXW DQG RYHU WKH FKDVP 7KH QH[W LQVWDQW KH ZDV JUDSSOLQJ ZLWK %XFN RQ WKH
H[WUHPHHGJHZKLOH+DQVDQG3HWHZHUHGUDJJLQJWKHPEDFNLQWRVDIHW\
,W
VXQFDQQ\3HWHVDLGDIWHULWZDVRYHUDQGWKH\KDGFDXJKWWKHLUVSHHFK
7KRUQWRQVKRRNKLVKHDG1RLWLVVSOHQGLGDQGLWLVWHUULEOHWRR'R\RXNQRZLWVRPHWLPHV
PDNHVPHDIUDLG
,
P QRW KDQNHULQJ WR EH WKH PDQ WKDW OD\V KDQGV RQ \RX ZKLOH KH
V DURXQG 3HWH DQQRXQFHG
FRQFOXVLYHO\QRGGLQJKLVKHDGWRZDUG%XFN
3\-LQJRZDV+DQV
VFRQWULEXWLRQ1RWPLQHVHOIHLWKHU
,W ZDV DW &LUFOH &LW\ HUH WKH \HDU ZDV RXW WKDW 3HWH
V DSSUHKHQVLRQV ZHUH UHDOL]HG %ODFN
%XUWRQDPDQHYLOWHPSHUHGDQGPDOLFLRXVKDGEHHQSLFNLQJDTXDUUHOZLWKDWHQGHUIRRWDWWKHEDU
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ZKHQ7KRUQWRQVWHSSHGJRRGQDWXUHGO\EHWZHHQ%XFNDVZDVKLVFXVWRPZDVO\LQJLQDFRUQHU
KHDG RQ SDZV ZDWFKLQJ KLV PDVWHU
V HYHU\ DFWLRQ %XUWRQ VWUXFN RXW ZLWKRXW ZDUQLQJ VWUDLJKW
IURPWKHVKRXOGHU7KRUQWRQZDVVHQWVSLQQLQJDQGVDYHGKLPVHOIIURPIDOOLQJRQO\E\FOXWFKLQJ
WKHUDLORIWKHEDU
7KRVHZKRZHUHORRNLQJRQKHDUGZKDWZDVQHLWKHUEDUNQRU\HOSEXWDVRPHWKLQJZKLFKLVEHVW
GHVFULEHG DV D URDU DQG WKH\ VDZ %XFN
V ERG\ ULVH XS LQ WKH DLU DV KH OHIW WKH IORRU IRU %XUWRQ
V
WKURDW7KHPDQVDYHGKLVOLIHE\LQVWLQFWLYHO\WKURZLQJRXWKLVDUPEXWZDVKXUOHGEDFNZDUGWR
WKHIORRUZLWK%XFNRQWRSRIKLP%XFNORRVHGKLVWHHWKIURPWKHIOHVKRIWKHDUP DQG GURYH LQ
DJDLQIRUWKHWKURDW7KLVWLPHWKHPDQVXFFHHGHGRQO\LQSDUWO\EORFNLQJDQGKLVWKURDWZDVWRUQ
RSHQ7KHQWKHFURZGZDVXSRQ%XFN DQG KH ZDV GULYHQ RII EXW ZKLOH D VXUJHRQ FKHFNHG WKH
EOHHGLQJ KH SURZOHG XS DQG GRZQ JURZOLQJ IXULRXVO\ DWWHPSWLQJ WR UXVK LQ DQG EHLQJ IRUFHG
EDFNE\DQDUUD\RIKRVWLOHFOXEV$PLQHUV
PHHWLQJFDOOHGRQWKHVSRWGHFLGHGWKDWWKHGRJKDG
VXIILFLHQWSURYRFDWLRQDQG%XFNZDVGLVFKDUJHG%XWKLVUHSXWDWLRQZDVPDGHDQGIURPWKDWGD\
KLVQDPHVSUHDGWKURXJKHYHU\FDPSLQ$ODVND
/DWHURQLQWKHIDOORIWKH\HDUKHVDYHG-RKQ7KRUQWRQ
VOLIHLQTXLWHDQRWKHUIDVKLRQ7KHWKUHH
SDUWQHUVZHUHOLQLQJDORQJDQGQDUURZSROLQJERDWGRZQDEDGVWUHWFKRIUDSLGVRQWKH)RUW\0LOH
&UHHN+DQVDQG3HWHPRYHGDORQJWKHEDQNVQXEELQJZLWKDWKLQ0DQLODURSHIURPWUHHWRWUHH
ZKLOH 7KRUQWRQ UHPDLQHG LQ WKH ERDW KHOSLQJ LWV GHVFHQW E\ PHDQV RI D SROH DQG VKRXWLQJ
GLUHFWLRQVWRWKHVKRUH%XFNRQWKHEDQNZRUULHGDQGDQ[LRXVNHSWDEUHDVWRIWKHERDWKLVH\HV
QHYHURIIKLVPDVWHU
$W D SDUWLFXODUO\ EDG VSRW ZKHUH D OHGJH RI EDUHO\ VXEPHUJHG URFNV MXWWHG RXW LQWR WKH ULYHU
+DQVFDVWRIIWKHURSHDQGZKLOH7KRUQWRQSROHGWKHERDWRXWLQWRWKHVWUHDPUDQGRZQWKHEDQN
ZLWKWKHHQGLQKLVKDQGWRVQXEWKHERDWZKHQLWKDGFOHDUHGWKHOHGJH7KLVLWGLGDQGZDVIO\LQJ
GRZQVWUHDPLQDFXUUHQWDVVZLIWDVDPLOOUDFHZKHQ+DQVFKHFNHGLWZLWKWKHURSHDQGFKHFNHG
WRRVXGGHQO\7KHERDWIOLUWHGRYHUDQGVQXEEHGLQWRWKHEDQNERWWRPXSZKLOH7KRUQWRQIOXQJ
VKHHURXWRILWZDVFDUULHGGRZQVWUHDPWRZDUGWKHZRUVWSDUWRIWKHUDSLGVDVWUHWFKRIZLOGZDWHU
LQZKLFKQRVZLPPHUFRXOGOLYH
%XFNKDGVSUXQJLQRQWKHLQVWDQWDQGDWWKHHQGRIWKUHHKXQGUHG\DUGVDPLGDPDGVZLUORI
ZDWHU KH RYHUKDXOHG 7KRUQWRQ :KHQ KH IHOW KLP JUDVS KLV WDLO %XFN KHDGHG IRU WKH EDQN
VZLPPLQJZLWKDOOKLVVSOHQGLGVWUHQJWK%XWWKHSURJUHVVVKRUHZDUGZDVVORZWKHSURJUHVVGRZQ
VWUHDPDPD]LQJO\UDSLG)URPEHORZFDPHWKHIDWDOURDULQJZKHUHWKHZLOGFXUUHQWZHQWZLOGHUDQG
ZDVUHQWLQVKUHGVDQGVSUD\E\WKHURFNVZKLFKWKUXVWWKURXJKOLNHWKHWHHWKRIDQHQRUPRXVFRPE
7KHVXFNRIWKHZDWHUDVLWWRRNWKHEHJLQQLQJRIWKHODVWVWHHSSLWFKZDVIULJKWIXODQG7KRUQWRQ
NQHZWKDWWKHVKRUHZDVLPSRVVLEOH+HVFUDSHGIXULRXVO\RYHUDURFNEUXLVHGDFURVVDVHFRQGDQG
VWUXFNDWKLUGZLWKFUXVKLQJIRUFH+HFOXWFKHGLWVVOLSSHU\WRSZLWKERWKKDQGVUHOHDVLQJ%XFNDQG
DERYHWKHURDURIWKHFKXUQLQJZDWHUVKRXWHG*R%XFN*R
%XFNFRXOGQRWKROGKLVRZQDQGVZHSWRQGRZQVWUHDPVWUXJJOLQJGHVSHUDWHO\EXWXQDEOHWR
ZLQ EDFN :KHQ KH KHDUG 7KRUQWRQ
V FRPPDQG UHSHDWHG KH SDUWO\ UHDUHG RXW RI WKH ZDWHU
WKURZLQJ KLV KHDG KLJK DV WKRXJK IRU D ODVW ORRN WKHQ WXUQHG REHGLHQWO\ WRZDUG WKH EDQN +H
VZDPSRZHUIXOO\ DQG ZDV GUDJJHG DVKRUH E\ 3HWH DQG +DQV DW WKH YHU\ SRLQW ZKHUH VZLPPLQJ
FHDVHGWREHSRVVLEOHDQGGHVWUXFWLRQEHJDQ
7KH\NQHZWKDWWKHWLPHDPDQFRXOGFOLQJWRDVOLSSHU\URFNLQWKHIDFHRIWKDWGULYLQJFXUUHQW
ZDVDPDWWHURIPLQXWHVDQGWKH\UDQDVIDVWDVWKH\FRXOGXSWKHEDQNWRDSRLQWIDUDERYHZKHUH
7KRUQWRQZDVKDQJLQJRQ7KH\DWWDFKHGWKHOLQHZLWKZKLFKWKH\KDGEHHQVQXEELQJWKHERDWWR
%XFN
V QHFN DQG VKRXOGHUV EHLQJ FDUHIXO WKDW LW VKRXOG QHLWKHU VWUDQJOH KLP QRU LPSHGH KLV
VZLPPLQJDQGODXQFKHGKLPLQWRWKHVWUHDP+HVWUXFNRXWEROGO\EXWQRWVWUDLJKWHQRXJKLQWRWKH
VWUHDP +H GLVFRYHUHG WKH PLVWDNH WRR ODWH ZKHQ 7KRUQWRQ ZDV DEUHDVW RI KLP DQG D EDUH KDOI
GR]HQVWURNHVDZD\ZKLOHKHZDVEHLQJFDUULHGKHOSOHVVO\SDVW
+DQVSURPSWO\VQXEEHGZLWKWKHURSHDVWKRXJK%XFNZHUHDERDW7KHURSHWKXVWLJKWHQLQJRQ
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
KLPLQWKHVZHHSRIWKHFXUUHQWKHZDVMHUNHGXQGHUWKHVXUIDFHDQGXQGHUWKHVXUIDFHKHUHPDLQHG
WLOOKLVERG\VWUXFNDJDLQVWWKHEDQNDQGKHZDVKDXOHGRXW+HZDVKDOIGURZQHGDQG+DQVDQG
3HWH WKUHZ WKHPVHOYHV XSRQ KLP SRXQGLQJ WKH EUHDWK LQWR KLP DQG WKH ZDWHU RXW RI KLP +H
VWDJJHUHGWRKLVIHHWDQGIHOOGRZQ7KHIDLQWVRXQGRI7KRUQWRQ
VYRLFHFDPHWRWKHPDQGWKRXJK
WKH\FRXOGQRWPDNHRXWWKHZRUGVRILWWKH\NQHZWKDWKHZDVLQKLVH[WUHPLW\+LVPDVWHU
VYRLFH
DFWHGRQ%XFNOLNHDQHOHFWULFVKRFN+HVSUDQJWRKLVIHHWDQGUDQXSWKHEDQNDKHDGRIWKHPHQWR
WKHSRLQWRIKLVSUHYLRXVGHSDUWXUH
$JDLQWKHURSHZDVDWWDFKHGDQGKHZDVODXQFKHGDQGDJDLQKHVWUXFNRXWEXWWKLVWLPHVWUDLJKW
LQWRWKHVWUHDP+HKDGPLVFDOFXODWHGRQFHEXWKHZRXOGQRWEHJXLOW\RILWDVHFRQGWLPH+DQV
SDLGRXWWKHURSHSHUPLWWLQJQRVODFNZKLOH3HWHNHSWLWFOHDURIFRLOV%XFNKHOGRQWLOOKHZDVRQ
DOLQHVWUDLJKWDERYH7KRUQWRQWKHQKHWXUQHGDQGZLWKWKHVSHHGRIDQH[SUHVVWUDLQKHDGHGGRZQ
XSRQKLP7KRUQWRQVDZKLPFRPLQJDQGDV%XFNVWUXFNKLPOLNHDEDWWHULQJUDPZLWKWKHZKROH
IRUFHRIWKHFXUUHQWEHKLQGKLPKHUHDFKHGXSDQGFORVHGZLWKERWKDUPVDURXQGWKHVKDJJ\QHFN
+DQV VQXEEHG WKH URSH DURXQG WKH WUHH DQG %XFN DQG 7KRUQWRQ ZHUH MHUNHG XQGHU WKH ZDWHU
6WUDQJOLQJ VXIIRFDWLQJ VRPHWLPHV RQH XSSHUPRVW DQG VRPHWLPHV WKH RWKHU GUDJJLQJ RYHU WKH
MDJJHGERWWRPVPDVKLQJDJDLQVWURFNVDQGVQDJVWKH\YHHUHGLQWRWKHEDQN
7KRUQWRQFDPHWREHOO\GRZQZDUGDQGEHLQJYLROHQWO\SURSHOOHGEDFNDQGIRUWK DFURVV D GULIW
ORJE\+DQVDQG3HWH+LVILUVWJODQFHZDVIRU%XFNRYHUZKRVHOLPSDQGDSSDUHQWO\OLIHOHVVERG\
1LJZDVVHWWLQJXSDKRZOZKLOH6NHHWZDVOLFNLQJWKHZHWIDFHDQGFORVHGH\HV7KRUQWRQZDV
KLPVHOIEUXLVHGDQGEDWWHUHGDQGKHZHQWFDUHIXOO\RYHU%XFN
VERG\ZKHQKHKDGEHHQEURXJKW
DURXQGILQGLQJWKUHHEURNHQULEV
7KDW VHWWOHV LW KH DQQRXQFHG :H FDPS ULJKW KHUH $QG FDPS WKH\ GLG WLOO %XFN
V ULEV
NQLWWHGDQGKHZDVDEOHWRWUDYHO
7KDWZLQWHUDW'DZVRQ%XFNSHUIRUPHGDQRWKHUH[SORLWQRWVRKHURLFSHUKDSVEXWRQHWKDWSXW
KLV QDPH PDQ\ QRWFKHV KLJKHU RQ WKH WRWHPSROH RI $ODVNDQ IDPH 7KLV H[SORLW ZDV SDUWLFXODUO\
JUDWLI\LQJWRWKHWKUHHPHQIRUWKH\VWRRGLQQHHGRIWKHRXWILWZKLFKLWIXUQLVKHGDQGZHUHHQDEOHG
WRPDNHDORQJGHVLUHGWULSLQWRWKHYLUJLQ(DVWZKHUHPLQHUVKDGQRW\HWDSSHDUHG,WZDVEURXJKW
DERXW E\ D FRQYHUVDWLRQ LQ WKH (OGRUDGR 6DORRQ LQ ZKLFK PHQ ZD[HG ERDVWIXO RI WKHLU IDYRULWH
GRJV%XFNEHFDXVHRIKLVUHFRUGZDVWKHWDUJHWIRUWKHVHPHQDQG7KRUQWRQZDVGULYHQVWRXWO\WR
GHIHQG KLP $W WKH HQG RI KDOI DQ KRXU RQH PDQ VWDWHG WKDW KLV GRJ FRXOG VWDUW D VOHG ZLWK ILYH
KXQGUHGSRXQGVDQGZDONRIIZLWKLWDVHFRQGEUDJJHGVL[KXQGUHGIRUKLVGRJDQGDWKLUGVHYHQ
KXQGUHG
3RRKSRRKVDLG-RKQ7KRUQWRQ%XFNFDQVWDUWDWKRXVDQGSRXQGV
$QG EUHDN LW RXW" DQG ZDON RII ZLWK LW IRU D KXQGUHG \DUGV" GHPDQGHG 0DWWKHZVRQ D
%RQDQ]D.LQJKHRIWKHVHYHQKXQGUHGYDXQW
$QGEUHDNLWRXWDQGZDONRIIZLWKLWIRUDKXQGUHG\DUGV-RKQ7KRUQWRQVDLGFRROO\
:HOO 0DWWKHZVRQ VDLG VORZO\ DQG GHOLEHUDWHO\ VR WKDW DOO FRXOG KHDU ,
YH JRW D WKRXVDQG
GROODUVWKDWVD\VKHFDQ
W$QGWKHUHLWLV6RVD\LQJKHVODPPHGDVDFNRIJROGGXVWRIWKHVL]HRI
DERORJQDVDXVDJHGRZQXSRQWKHEDU
1RERG\VSRNH7KRUQWRQ
VEOXIILIEOXIILWZDVKDGEHHQFDOOHG+HFRXOGIHHODIOXVKRIZDUP
EORRGFUHHSLQJXSKLVIDFH+LVWRQJXHKDGWULFNHGKLP+HGLGQRWNQRZZKHWKHU%XFNFRXOGVWDUW
DWKRXVDQGSRXQGV+DOIDWRQ7KHHQRUPRXVQHVVRILWDSSDOOHGKLP+HKDGJUHDWIDLWKLQ%XFN
V
VWUHQJWKDQGKDGRIWHQWKRXJKWKLPFDSDEOHRIVWDUWLQJVXFKDORDGEXWQHYHUDVQRZKDGKHIDFHG
WKHSRVVLELOLW\RILWWKHH\HVRIDGR]HQPHQIL[HGXSRQKLPVLOHQWDQGZDLWLQJ)XUWKHUKHKDGQR
WKRXVDQGGROODUVQRUKDG+DQVRU3HWH
,
YHJRWDVOHGVWDQGLQJRXWVLGHQRZZLWKWZHQW\ILIW\SRXQGVDFNVRIIORXURQLW0DWWKHZVRQ
ZHQWRQZLWKEUXWDOGLUHFWQHVVVRGRQ
WOHWWKDWKLQGHU\RX
7KRUQWRQGLGQRWUHSO\+HGLGQRWNQRZZKDWWRVD\+HJODQFHGIURPIDFHWRIDFHLQWKHDEVHQW
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ZD\RIDPDQZKRKDVORVWWKHSRZHURIWKRXJKWDQGLVVHHNLQJVRPHZKHUHWRILQGWKHWKLQJWKDW
ZLOOVWDUWLWJRLQJDJDLQ7KHIDFHRI-LP2
%ULHQD0DVWRGRQ.LQJDQGROGWLPHFRPUDGHFDXJKW
KLVH\HV,WZDVDVDFXHWRKLPVHHPLQJWRURXVHKLPWRGRZKDWKHZRXOGQHYHUKDYHGUHDPHGRI
GRLQJ
&DQ\RXOHQGPHDWKRXVDQG"KHDVNHGDOPRVWLQDZKLVSHU
6XUH DQVZHUHG 2
%ULHQ WKXPSLQJ GRZQ D SOHWKRULF VDFN E\ WKH VLGH RI 0DWWKHZVRQ
V
7KRXJKLW
VOLWWOHIDLWK,
PKDYLQJ-RKQWKDWWKHEHDVWFDQGRWKHWULFN
7KH(OGRUDGRHPSWLHGLWVRFFXSDQWVLQWRWKHVWUHHWWRVHHWKHWHVW7KHWDEOHVZHUHGHVHUWHGDQG
WKHGHDOHUVDQGJDPHNHHSHUVFDPHIRUWKWRVHHWKHRXWFRPHRIWKHZDJHUDQGWROD\RGGV6HYHUDO
KXQGUHG PHQ IXUUHG DQG PLWWHQHG EDQNHG DURXQG WKH VOHG ZLWKLQ HDV\ GLVWDQFH 0DWWKHZVRQ
V
VOHGORDGHGZLWKDWKRXVDQGSRXQGVRIIORXUKDGEHHQVWDQGLQJIRUDFRXSOHRIKRXUVDQGLQWKH
LQWHQVHFROGLWZDVVL[W\EHORZ]HURWKHUXQQHUVKDGIUR]HQ IDVW WR WKH KDUGSDFNHG VQRZ 0HQ
RIIHUHG RGGV RI WZR WR RQH WKDW %XFN FRXOG QRW EXGJH WKH VOHG $ TXLEEOH DURVH FRQFHUQLQJ WKH
SKUDVH EUHDN RXW 2
%ULHQ FRQWHQGHG LW ZDV 7KRUQWRQ
V SULYLOHJH WR NQRFN WKH UXQQHUV ORRVH
OHDYLQJ%XFNWREUHDNLWRXWIURPDGHDGVWDQGVWLOO0DWWKHZVRQLQVLVWHGWKDWWKHSKUDVHLQFOXGHG
EUHDNLQJWKHUXQQHUVIURPWKHIUR]HQJULSRIWKHVQRZ$PDMRULW\RIWKHPHQZKRKDGZLWQHVVHG
WKHPDNLQJRIWKHEHWGHFLGHGLQKLVIDYRUZKHUHDWWKHRGGVZHQWXSWRWKUHHWRRQHDJDLQVW%XFN
7KHUHZHUHQRWDNHUV1RWDPDQEHOLHYHGKLPFDSDEOHRIWKHIHDW7KRUQWRQKDGEHHQKXUULHG
LQWRWKHZDJHUKHDY\ZLWKGRXEWDQGQRZWKDWKHORRNHGDWWKHVOHGLWVHOIWKHFRQFUHWHIDFWZLWK
WKHUHJXODUWHDPRIWHQGRJVFXUOHGXSLQWKHVQRZEHIRUHLWWKHPRUHLPSRVVLEOHWKHWDVNDSSHDUHG
0DWWKHZVRQZD[HGMXELODQW
7KUHHWRRQHKHSURFODLPHG,
OOOD\\RXDQRWKHUWKRXVDQGDWWKDWILJXUH7KRUQWRQ:KDWG
\H
VD\"
7KRUQWRQ
VGRXEWZDVVWURQJLQKLVIDFHEXWKLVILJKWLQJVSLULWZDVDURXVHG³WKHILJKWLQJVSLULW
WKDWVRDUVDERYHRGGVIDLOVWRUHFRJQL]HWKHLPSRVVLEOHDQGLVGHDIWRDOOVDYHWKHFODPRUIRUEDWWOH
+HFDOOHG+DQVDQG3HWHWRKLP7KHLUVDFNVZHUHVOLPDQGZLWKKLVRZQWKHWKUHHSDUWQHUVFRXOG
UDNHWRJHWKHURQO\WZRKXQGUHGGROODUV,QWKHHEERIWKHLUIRUWXQHVWKLVVXPZDVWKHLUWRWDOFDSLWDO
\HWWKH\ODLGLWXQKHVLWDWLQJO\DJDLQVW0DWWKHZVRQ
VVL[KXQGUHG
7KHWHDPRIWHQGRJVZDVXQKLWFKHGDQG%XFNZLWKKLVRZQKDUQHVVZDVSXWLQWRWKHVOHG+H
KDGFDXJKWWKHFRQWDJLRQRIWKHH[FLWHPHQWDQGKHIHOWWKDWLQVRPHZD\KHPXVWGRDJUHDWWKLQJ
IRU-RKQ7KRUQWRQ0XUPXUVRIDGPLUDWLRQDWKLVVSOHQGLGDSSHDUDQFHZHQWXS+HZDVLQSHUIHFW
FRQGLWLRQ ZLWKRXW DQ RXQFH RI VXSHUIOXRXV IOHVK DQG WKH RQH KXQGUHG DQG ILIW\ SRXQGV WKDW KH
ZHLJKHG ZHUH VR PDQ\ SRXQGV RI JULW DQG YLULOLW\ +LV IXUU\ FRDW VKRQH ZLWK WKH VKHHQ RI VLON
'RZQWKHQHFNDQGDFURVVWKHVKRXOGHUVKLVPDQHLQUHSRVHDVLWZDVKDOIEULVWOHGDQGVHHPHGWR
OLIWZLWKHYHU\PRYHPHQWDVWKRXJKH[FHVVRIYLJRUPDGHHDFKSDUWLFXODUKDLUDOLYHDQGDFWLYH7KH
JUHDWEUHDVWDQGKHDY\IRUHOHJVZHUHQRPRUHWKDQLQSURSRUWLRQZLWKWKHUHVWRIWKHERG\ZKHUH
WKHPXVFOHVVKRZHGLQWLJKWUROOVXQGHUQHDWKWKHVNLQ0HQIHOWWKHVHPXVFOHVDQGSURFODLPHGWKHP
KDUGDVLURQDQGWKHRGGVZHQWGRZQWRWZRWRRQH
*DGVLU*DGVLUVWXWWHUHGDPHPEHURIWKHODWHVWG\QDVW\DNLQJRIWKH6NRRNXP%HQFKHV,
RIIHU\RXHLJKWKXQGUHGIRUKLPVLUEHIRUHWKHWHVWVLUHLJKWKXQGUHGMXVWDVKHVWDQGV
7KRUQWRQVKRRNKLVKHDGDQGVWHSSHGWR%XFN
VVLGH
<RXPXVWVWDQGRIIIURPKLP0DWWKHZVRQSURWHVWHG)UHHSOD\DQGSOHQW\RIURRP
7KHFURZGIHOOVLOHQWRQO\FRXOGEHKHDUGWKHYRLFHVRIWKHJDPEOHUVYDLQO\RIIHULQJWZRWRRQH
(YHU\ERG\DFNQRZOHGJHG%XFNDPDJQLILFHQWDQLPDOEXWWZHQW\ILIW\SRXQGVDFNVRIIORXUEXONHG
WRRODUJHLQWKHLUH\HVIRUWKHPWRORRVHQWKHLUSRXFKVWULQJV
7KRUQWRQ NQHOW GRZQ E\ %XFN
V VLGH +H WRRN KLV KHDG LQ KLV WZR KDQGV DQG UHVWHG FKHHN RQ
FKHHN +H GLG QRW SOD\IXOO\ VKDNH KLP DV ZDV KLV ZRQW RU PXUPXU VRIW ORYH FXUVHV EXW KH
ZKLVSHUHG LQ KLV HDU $V \RX ORYH PH %XFN $V \RX ORYH PH ZDV ZKDW KH ZKLVSHUHG %XFN
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ZKLQHGZLWKVXSSUHVVHGHDJHUQHVV
7KH FURZG ZDV ZDWFKLQJ FXULRXVO\ 7KH DIIDLU ZDV JURZLQJ P\VWHULRXV ,W VHHPHG OLNH D
FRQMXUDWLRQ$V7KRUQWRQJRWWRKLVIHHW%XFNVHL]HGKLVPLWWHQHGKDQGEHWZHHQKLVMDZVSUHVVLQJ
LQZLWKKLVWHHWKDQGUHOHDVLQJVORZO\KDOIUHOXFWDQWO\,WZDVWKHDQVZHULQWHUPVQRWRIVSHHFK
EXWRIORYH7KRUQWRQVWHSSHGZHOOEDFN
1RZ%XFNKHVDLG
%XFNWLJKWHQHGWKHWUDFHVWKHQVODFNHGWKHPIRUDPDWWHURIVHYHUDOLQFKHV ,W ZDVWKHZD\ KH
KDGOHDUQHG
*HH7KRUQWRQ
VYRLFHUDQJRXWVKDUSLQWKHWHQVHVLOHQFH
%XFN VZXQJ WR WKH ULJKW HQGLQJ WKH PRYHPHQW LQ D SOXQJH WKDW WRRN XS WKH VODFN DQG ZLWK D
VXGGHQ MHUN DUUHVWHG KLV RQH KXQGUHG DQG ILIW\ SRXQGV 7KH ORDG TXLYHUHG DQG IURP XQGHU WKH
UXQQHUVDURVHDFULVSFUDFNOLQJ
+DZ7KRUQWRQFRPPDQGHG
%XFNGXSOLFDWHGWKHPDQRHXYUHWKLVWLPHWRWKHOHIW7KHFUDFNOLQJWXUQHGLQWRDVQDSSLQJWKH
VOHGSLYRWLQJDQGWKHUXQQHUVVOLSSLQJDQGJUDWLQJVHYHUDOLQFKHVWRWKHVLGH7KHVOHGZDVEURNHQ
RXW0HQZHUHKROGLQJWKHLUEUHDWKVLQWHQVHO\XQFRQVFLRXVRIWKHIDFW
1RZ086+
7KRUQWRQ
VFRPPDQGFUDFNHGRXWOLNHDSLVWROVKRW%XFNWKUHZKLPVHOIIRUZDUGWLJKWHQLQJWKH
WUDFHV ZLWK D MDUULQJ OXQJH +LV ZKROH ERG\ ZDV JDWKHUHG FRPSDFWO\ WRJHWKHU LQ WKH WUHPHQGRXV
HIIRUWWKHPXVFOHVZULWKLQJDQG NQRWWLQJ OLNH OLYH WKLQJV XQGHU WKH VLON\ IXU +LV JUHDW FKHVW ZDV
ORZ WR WKH JURXQG KLV KHDG IRUZDUG DQG GRZQ ZKLOH KLV IHHW ZHUH IO\LQJ OLNH PDG WKH FODZV
VFDUULQJ WKH KDUGSDFNHG VQRZ LQ SDUDOOHO JURRYHV 7KH VOHG VZD\HG DQG WUHPEOHG KDOIVWDUWHG
IRUZDUG2QHRIKLVIHHWVOLSSHGDQGRQHPDQJURDQHGDORXG7KHQWKHVOHGOXUFKHGDKHDGLQZKDW
DSSHDUHG D UDSLG VXFFHVVLRQ RI MHUNV WKRXJK LW QHYHU UHDOO\ FDPH WR D GHDG VWRS DJDLQKDOI DQ
LQFKDQLQFKWZRLQFKHV7KHMHUNVSHUFHSWLEO\GLPLQLVKHGDVWKHVOHGJDLQHGPRPHQWXPKH
FDXJKWWKHPXSWLOOLWZDVPRYLQJVWHDGLO\DORQJ
0HQJDVSHGDQGEHJDQWREUHDWKHDJDLQXQDZDUHWKDWIRUDPRPHQWWKH\KDGFHDVHGWREUHDWKH
7KRUQWRQZDVUXQQLQJEHKLQGHQFRXUDJLQJ%XFNZLWKVKRUWFKHHU\ZRUGV7KHGLVWDQFHKDGEHHQ
PHDVXUHGRIIDQGDVKHQHDUHGWKHSLOHRIILUHZRRGZKLFKPDUNHGWKHHQGRIWKHKXQGUHG\DUGVD
FKHHUEHJDQ WR JURZ DQG JURZ ZKLFK EXUVW LQWR D URDU DV KH SDVVHG WKH ILUHZRRG DQG KDOWHG DW
FRPPDQG(YHU\PDQZDVWHDULQJKLPVHOIORRVHHYHQ0DWWKHZVRQ+DWVDQGPLWWHQVZHUHIO\LQJ
LQWKHDLU0HQZHUHVKDNLQJKDQGVLWGLGQRWPDWWHUZLWKZKRPDQGEXEEOLQJRYHULQDJHQHUDO
LQFRKHUHQWEDEHO
%XW7KRUQWRQIHOORQKLVNQHHVEHVLGH%XFN+HDGZDVDJDLQVWKHDGDQGKHZDVVKDNLQJKLP
EDFN DQG IRUWK 7KRVH ZKR KXUULHG XS KHDUG KLP FXUVLQJ %XFN DQG KH FXUVHG KLP ORQJ DQG
IHUYHQWO\DQGVRIWO\DQGORYLQJO\
*DGVLU*DGVLUVSOXWWHUHGWKH6NRRNXP%HQFKNLQJ,
OOJLYH\RXDWKRXVDQGIRUKLPVLUD
WKRXVDQGVLU³WZHOYHKXQGUHGVLU
7KRUQWRQURVHWRKLVIHHW+LVH\HVZHUHZHW7KHWHDUVZHUHVWUHDPLQJIUDQNO\GRZQKLVFKHHNV
6LUKHVDLGWRWKH6NRRNXP%HQFKNLQJQRVLU<RXFDQJRWRKHOOVLU,W
VWKHEHVW,FDQGRIRU
\RXVLU
%XFN VHL]HG 7KRUQWRQ
V KDQG LQ KLV WHHWK 7KRUQWRQ VKRRN KLP EDFN DQG IRUWK $V WKRXJK
DQLPDWHGE\DFRPPRQLPSXOVHWKHRQORRNHUVGUHZEDFNWRDUHVSHFWIXOGLVWDQFHQRUZHUHWKH\
DJDLQLQGLVFUHHWHQRXJKWRLQWHUUXSW
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
&KDSWHU9,,7KH6RXQGLQJRIWKH&DOO
:KHQ %XFN HDUQHG VL[WHHQ KXQGUHG GROODUV LQ ILYH PLQXWHV IRU -RKQ 7KRUQWRQ KH PDGH LW
SRVVLEOHIRUKLVPDVWHUWRSD\RIIFHUWDLQGHEWVDQGWRMRXUQH\ZLWKKLVSDUWQHUVLQWRWKH(DVWDIWHUD
IDEOHG ORVW PLQH WKH KLVWRU\ RI ZKLFK ZDV DV ROG DV WKH KLVWRU\ RI WKH FRXQWU\ 0DQ\ PHQ KDG
VRXJKWLWIHZKDGIRXQGLWDQGPRUHWKDQDIHZWKHUHZHUHZKRKDGQHYHUUHWXUQHGIURPWKHTXHVW
7KLVORVWPLQHZDVVWHHSHGLQWUDJHG\DQGVKURXGHGLQP\VWHU\1RRQHNQHZRIWKHILUVWPDQ7KH
ROGHVWWUDGLWLRQVWRSSHG EHIRUH LW JRW EDFN WR KLP )URP WKH EHJLQQLQJ WKHUH KDG EHHQ DQ DQFLHQW
DQG UDPVKDFNOH FDELQ '\LQJ PHQ KDG VZRUQ WR LW DQG WR WKH PLQH WKH VLWH RI ZKLFK LW PDUNHG
FOLQFKLQJWKHLUWHVWLPRQ\ZLWKQXJJHWVWKDWZHUHXQOLNHDQ\NQRZQJUDGHRIJROGLQWKH1RUWKODQG
%XW QR OLYLQJ PDQ KDG ORRWHG WKLV WUHDVXUH KRXVH DQG WKH GHDG ZHUH GHDG ZKHUHIRUH -RKQ
7KRUQWRQ DQG 3HWH DQG +DQV ZLWK %XFN DQG KDOI D GR]HQ RWKHU GRJV IDFHG LQWR WKH (DVW RQ DQ
XQNQRZQ WUDLO WR DFKLHYH ZKHUH PHQ DQG GRJV DV JRRG DV WKHPVHOYHV KDG IDLOHG 7KH\ VOHGGHG
VHYHQW\ PLOHV XS WKH <XNRQ VZXQJ WR WKH OHIW LQWR WKH 6WHZDUW 5LYHU SDVVHG WKH 0D\R DQG WKH
0F4XHVWLRQ DQG KHOG RQ XQWLO WKH 6WHZDUW LWVHOI EHFDPH D VWUHDPOHW WKUHDGLQJ WKH XSVWDQGLQJ
SHDNVZKLFKPDUNHGWKHEDFNERQHRIWKHFRQWLQHQW
-RKQ7KRUQWRQDVNHGOLWWOHRIPDQRUQDWXUH+HZDVXQDIUDLGRIWKHZLOG:LWKDKDQGIXORIVDOW
DQG D ULIOH KH FRXOG SOXQJH LQWR WKH ZLOGHUQHVV DQG IDUH ZKHUHYHU KH SOHDVHG DQG DV ORQJ DV KH
SOHDVHG%HLQJLQQRKDVWH,QGLDQIDVKLRQKHKXQWHGKLVGLQQHULQWKHFRXUVHRIWKHGD\
VWUDYHO
DQGLIKHIDLOHGWRILQGLWOLNHWKH,QGLDQKHNHSWRQWUDYHOOLQJVHFXUHLQWKHNQRZOHGJHWKDWVRRQHU
RUODWHUKHZRXOGFRPHWRLW6RRQWKLVJUHDWMRXUQH\LQWRWKH(DVWVWUDLJKWPHDWZDVWKHELOORI
IDUHDPPXQLWLRQDQGWRROVSULQFLSDOO\PDGHXSWKHORDGRQWKHVOHGDQGWKHWLPHFDUGZDVGUDZQ
XSRQWKHOLPLWOHVVIXWXUH
7R %XFN LW ZDV ERXQGOHVV GHOLJKW WKLV KXQWLQJ ILVKLQJ DQG LQGHILQLWH ZDQGHULQJ WKURXJK
VWUDQJHSODFHV)RUZHHNVDWDWLPHWKH\ZRXOGKROGRQVWHDGLO\GD\DIWHUGD\DQGIRUZHHNVXSRQ
HQGWKH\ZRXOGFDPSKHUHDQGWKHUHWKHGRJVORDILQJDQGWKHPHQEXUQLQJKROHVWKURXJKIUR]HQ
PXFNDQGJUDYHODQGZDVKLQJFRXQWOHVVSDQVRIGLUWE\WKHKHDWRIWKHILUH6RPHWLPHVWKH\ZHQW
KXQJU\VRPHWLPHVWKH\IHDVWHGULRWRXVO\DOODFFRUGLQJWRWKHDEXQGDQFHRIJDPHDQGWKHIRUWXQH
RIKXQWLQJ6XPPHUDUULYHGDQGGRJVDQGPHQSDFNHGRQWKHLUEDFNVUDIWHGDFURVVEOXHPRXQWDLQ
ODNHVDQGGHVFHQGHGRUDVFHQGHGXQNQRZQULYHUVLQVOHQGHUERDWVZKLSVDZHG IURP WKH VWDQGLQJ
IRUHVW
7KH PRQWKV FDPH DQG ZHQW DQG EDFN DQG IRUWK WKH\ WZLVWHG WKURXJK WKH XQFKDUWHG YDVWQHVV
ZKHUHQRPHQZHUHDQG\HWZKHUHPHQKDGEHHQLIWKH/RVW&DELQZHUHWUXH7KH\ZHQWDFURVV
GLYLGHV LQ VXPPHU EOL]]DUGV VKLYHUHG XQGHU WKH PLGQLJKW VXQ RQ QDNHG PRXQWDLQV EHWZHHQ WKH
WLPEHUOLQHDQGWKHHWHUQDOVQRZVGURSSHGLQWRVXPPHUYDOOH\VDPLGVZDUPLQJJQDWVDQGIOLHVDQG
LQ WKH VKDGRZV RIJODFLHUVSLFNHG VWUDZEHUULHVDQG IORZHUV DV ULSH DQG IDLU DV DQ\ WKH 6RXWKODQG
FRXOG ERDVW ,Q WKH IDOO RI WKH \HDU WKH\ SHQHWUDWHG D ZHLUG ODNH FRXQWU\ VDG DQG VLOHQW ZKHUH
ZLOGIRZOKDGEHHQ EXW ZKHUH WKHQ WKHUH ZDV QR OLIH QRU VLJQ RI OLIH³RQO\ WKH EORZLQJ RI FKLOO
ZLQGV WKH IRUPLQJ RI LFH LQ VKHOWHUHG SODFHV DQG WKH PHODQFKRO\ ULSSOLQJ RI ZDYHV RQ ORQHO\
EHDFKHV
$QGWKURXJKDQRWKHUZLQWHUWKH\ZDQGHUHGRQWKHREOLWHUDWHGWUDLOVRIPHQZKRKDGJRQHEHIRUH
2QFHWKH\FDPHXSRQDSDWKEOD]HGWKURXJKWKHIRUHVWDQDQFLHQWSDWKDQGWKH/RVW&DELQVHHPHG
YHU\QHDU%XWWKHSDWKEHJDQQRZKHUHDQGHQGHGQRZKHUHDQGLWUHPDLQHGP\VWHU\DVWKHPDQ
ZKRPDGH LW DQG WKH UHDVRQ KH PDGH LW UHPDLQHG P\VWHU\ $QRWKHU WLPH WKH\ FKDQFHG XSRQ WKH
WLPHJUDYHQ ZUHFNDJH RI D KXQWLQJ ORGJH DQG DPLG WKH VKUHGV RI URWWHG EODQNHWV -RKQ 7KRUQWRQ
IRXQGDORQJEDUUHOOHGIOLQWORFN+HNQHZLWIRUD+XGVRQ%D\&RPSDQ\JXQRIWKH\RXQJGD\VLQ
WKH1RUWKZHVWZKHQVXFKDJXQZDVZRUWKLWVKHLJKWLQEHDYHUVNLQVSDFNHGIODW$QGWKDWZDVDOO
³QR KLQW DV WR WKH PDQ ZKR LQ DQ HDUO\ GD\ KDG UHDUHG WKH ORGJH DQG OHIW WKH JXQ DPRQJ WKH
EODQNHWV
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
6SULQJFDPHRQRQFHPRUHDQGDWWKHHQGRIDOOWKHLUZDQGHULQJWKH\IRXQGQRWWKH/RVW&DELQ
EXWDVKDOORZSODFHULQDEURDGYDOOH\ZKHUHWKHJROGVKRZHGOLNH\HOORZEXWWHUDFURVVWKHERWWRP
RI WKH ZDVKLQJSDQ 7KH\ VRXJKW QR IDUWKHU (DFK GD\ WKH\ ZRUNHG HDUQHG WKHP WKRXVDQGV RI
GROODUVLQFOHDQGXVWDQGQXJJHWVDQGWKH\ZRUNHGHYHU\GD\7KHJROGZDVVDFNHGLQPRRVHKLGH
EDJV ILIW\ SRXQGV WR WKH EDJ DQG SLOHG OLNH VR PXFK ILUHZRRG RXWVLGH WKH VSUXFHERXJK ORGJH
/LNHJLDQWVWKH\WRLOHGGD\VIODVKLQJRQWKHKHHOVRIGD\VOLNHGUHDPVDVWKH\KHDSHGWKHWUHDVXUH
XS
7KHUHZDVQRWKLQJIRUWKHGRJVWRGRVDYHWKHKDXOLQJLQRIPHDWQRZDQGDJDLQWKDW7KRUQWRQ
NLOOHG DQG %XFN VSHQW ORQJ KRXUV PXVLQJ E\ WKH ILUH 7KH YLVLRQ RI WKH VKRUWOHJJHG KDLU\ PDQ
FDPHWRKLPPRUHIUHTXHQWO\QRZWKDWWKHUHZDVOLWWOHZRUNWREHGRQHDQGRIWHQEOLQNLQJE\WKH
ILUH%XFNZDQGHUHGZLWKKLPLQWKDWRWKHUZRUOGZKLFKKHUHPHPEHUHG
7KHVDOLHQWWKLQJRIWKLVRWKHUZRUOGVHHPHGIHDU:KHQKHZDWFKHGWKHKDLU\PDQVOHHSLQJE\
WKHILUHKHDGEHWZHHQKLVNQHHVDQGKDQGVFODVSHGDERYH%XFNVDZWKDWKHVOHSWUHVWOHVVO\ZLWK
PDQ\ VWDUWV DQG DZDNHQLQJV DW ZKLFK WLPHV KH ZRXOG SHHU IHDUIXOO\ LQWR WKH GDUNQHVV DQG IOLQJ
PRUH ZRRG XSRQ WKH ILUH 'LG WKH\ ZDON E\ WKH EHDFK RI D VHD ZKHUH WKH KDLU\ PDQ JDWKHUHG
VKHOOILVKDQGDWHWKHPDVKHJDWKHUHGLWZDVZLWKH\HVWKDWURYHG HYHU\ZKHUH IRU KLGGHQ GDQJHU
DQG ZLWK OHJV SUHSDUHG WR UXQ OLNH WKH ZLQG DW LWV ILUVW DSSHDUDQFH 7KURXJK WKH IRUHVW WKH\ FUHSW
QRLVHOHVVO\%XFNDWWKHKDLU\PDQ
VKHHOVDQGWKH\ZHUHDOHUWDQGYLJLODQWWKHSDLURIWKHPHDUV
WZLWFKLQJ DQG PRYLQJ DQG QRVWULOV TXLYHULQJ IRU WKH PDQ KHDUG DQG VPHOOHG DV NHHQO\ DV %XFN
7KHKDLU\PDQFRXOGVSULQJXSLQWRWKHWUHHVDQGWUDYHODKHDGDVIDVWDVRQWKHJURXQGVZLQJLQJE\
WKHDUPVIURP OLPE WR OLPE VRPHWLPHV D GR]HQ IHHW DSDUW OHWWLQJ JR DQG FDWFKLQJ QHYHU IDOOLQJ
QHYHUPLVVLQJKLVJULS,QIDFWKHVHHPHGDVPXFKDWKRPHDPRQJWKHWUHHVDVRQWKHJURXQGDQG
%XFNKDGPHPRULHVRIQLJKWVRIYLJLOVSHQWEHQHDWKWUHHVZKHUHLQWKHKDLU\PDQURRVWHGKROGLQJ
RQWLJKWO\DVKHVOHSW
$QGFORVHO\DNLQWRWKHYLVLRQVRIWKHKDLU\PDQZDVWKHFDOOVWLOOVRXQGLQJLQWKHGHSWKVRIWKH
IRUHVW ,W ILOOHG KLP ZLWK D JUHDW XQUHVW DQG VWUDQJH GHVLUHV ,W FDXVHG KLP WR IHHO D YDJXH VZHHW
JODGQHVVDQGKHZDVDZDUHRIZLOG\HDUQLQJVDQGVWLUULQJVIRUKHNQHZQRWZKDW6RPHWLPHVKH
SXUVXHGWKHFDOOLQWRWKHIRUHVWORRNLQJIRULWDVWKRXJKLWZHUHDWDQJLEOHWKLQJEDUNLQJVRIWO\RU
GHILDQWO\DVWKHPRRGPLJKWGLFWDWH+HZRXOGWKUXVWKLVQRVHLQWRWKHFRROZRRGPRVVRULQWRWKH
EODFNVRLOZKHUHORQJJUDVVHVJUHZDQGVQRUWZLWKMR\DWWKHIDWHDUWKVPHOOVRUKHZRXOGFURXFK
IRUKRXUVDVLILQFRQFHDOPHQWEHKLQGIXQJXVFRYHUHGWUXQNVRIIDOOHQWUHHVZLGHH\HGDQGZLGH
HDUHGWRDOOWKDWPRYHGDQGVRXQGHGDERXWKLP,WPLJKWEHO\LQJWKXVWKDWKHKRSHGWRVXUSULVH
WKLVFDOOKHFRXOGQRWXQGHUVWDQG%XWKHGLGQRWNQRZZK\KHGLGWKHVHYDULRXVWKLQJV+H ZDV
LPSHOOHGWRGRWKHPDQGGLGQRWUHDVRQDERXWWKHPDWDOO
,UUHVLVWLEOHLPSXOVHVVHL]HGKLP+HZRXOGEHO\LQJLQFDPSGR]LQJOD]LO\LQWKHKHDWRIWKHGD\
ZKHQVXGGHQO\KLVKHDGZRXOGOLIWDQGKLVHDUVFRFNXSLQWHQWDQGOLVWHQLQJDQGKHZRXOGVSULQJ
WRKLVIHHWDQGGDVKDZD\DQGRQDQGRQIRUKRXUVWKURXJKWKHIRUHVWDLVOHVDQGDFURVVWKHRSHQ
VSDFHVZKHUHWKHQLJJHUKHDGVEXQFKHG+HORYHGWRUXQGRZQGU\ZDWHUFRXUVHVDQGWRFUHHSDQG
VS\XSRQWKHELUGOLIHLQWKHZRRGV)RUDGD\DWDWLPHKHZRXOGOLHLQWKHXQGHUEUXVKZKHUHKH
FRXOGZDWFKWKHSDUWULGJHVGUXPPLQJDQGVWUXWWLQJXSDQGGRZQ%XWHVSHFLDOO\KHORYHGWRUXQLQ
WKH GLP WZLOLJKW RI WKH VXPPHU PLGQLJKWV OLVWHQLQJ WR WKH VXEGXHG DQG VOHHS\ PXUPXUV RI WKH
IRUHVW UHDGLQJ VLJQV DQG VRXQGV DV PDQ PD\ UHDG D ERRN DQG VHHNLQJ IRU WKH P\VWHULRXV
VRPHWKLQJWKDWFDOOHG³FDOOHGZDNLQJRUVOHHSLQJDWDOOWLPHVIRUKLPWRFRPH
2QH QLJKW KH VSUDQJ IURP VOHHS ZLWK D VWDUW HDJHUH\HG QRVWULOV TXLYHULQJ DQG VFHQWLQJ KLV
PDQHEULVWOLQJLQUHFXUUHQWZDYHV)URPWKHIRUHVWFDPHWKHFDOORURQHQRWHRILWIRUWKHFDOOZDV
PDQ\QRWHGGLVWLQFWDQGGHILQLWHDVQHYHUEHIRUH³DORQJGUDZQKRZOOLNH\HWXQOLNHDQ\QRLVH
PDGHE\KXVN\GRJ$QGKHNQHZLWLQWKHROGIDPLOLDUZD\DVDVRXQGKHDUGEHIRUH+HVSUDQJ
WKURXJKWKHVOHHSLQJFDPSDQGLQVZLIWVLOHQFHGDVKHGWKURXJKWKHZRRGV$VKHGUHZFORVHUWRWKH
FU\KHZHQWPRUHVORZO\ZLWKFDXWLRQLQHYHU\PRYHPHQWWLOOKHFDPHWRDQRSHQSODFHDPRQJWKH
WUHHVDQGORRNLQJRXWVDZHUHFWRQKDXQFKHVZLWKQRVHSRLQWHGWRWKHVN\DORQJOHDQWLPEHU
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ZROI
+H KDG PDGH QR QRLVH \HW LW FHDVHG IURP LWV KRZOLQJ DQG WULHG WR VHQVH KLV SUHVHQFH %XFN
VWDONHGLQWRWKHRSHQKDOIFURXFKLQJERG\JDWKHUHGFRPSDFWO\WRJHWKHUWDLOVWUDLJKWDQGVWLIIIHHW
IDOOLQJZLWKXQZRQWHGFDUH (YHU\ PRYHPHQW DGYHUWLVHG FRPPLQJOHG WKUHDWHQLQJ DQG RYHUWXUH RI
IULHQGOLQHVV,WZDVWKHPHQDFLQJWUXFHWKDWPDUNVWKHPHHWLQJRIZLOGEHDVWVWKDWSUH\%XWWKHZROI
IOHGDWVLJKWRIKLP+HIROORZHGZLWKZLOG OHDSLQJV LQ D IUHQ]\ WR RYHUWDNH +H UDQ KLP LQWR D
EOLQGFKDQQHOLQWKHEHGRIWKHFUHHNZKHUHDWLPEHUMDPEDUUHGWKHZD\7KHZROIZKLUOHGDERXW
SLYRWLQJ RQ KLV KLQG OHJV DIWHU WKH IDVKLRQ RI -RH DQG RI DOO FRUQHUHG KXVN\ GRJV VQDUOLQJ DQG
EULVWOLQJFOLSSLQJKLVWHHWKWRJHWKHULQDFRQWLQXRXVDQGUDSLGVXFFHVVLRQRIVQDSV
%XFNGLGQRWDWWDFNEXWFLUFOHGKLPDERXWDQGKHGJHGKLPLQZLWKIULHQGO\DGYDQFHV7KHZROI
ZDVVXVSLFLRXVDQGDIUDLGIRU%XFNPDGHWKUHHRIKLPLQ ZHLJKW ZKLOH KLV KHDG EDUHO\ UHDFKHG
%XFN
V VKRXOGHU :DWFKLQJ KLV FKDQFH KH GDUWHG DZD\ DQG WKH FKDVH ZDV UHVXPHG 7LPH DQG
DJDLQKHZDVFRUQHUHGDQGWKHWKLQJUHSHDWHGWKRXJKKHZDVLQSRRUFRQGLWLRQRU%XFNFRXOGQRW
VR HDVLO\ KDYH RYHUWDNHQ KLP +H ZRXOG UXQ WLOO %XFN
V KHDG ZDV HYHQ ZLWK KLV IODQN ZKHQ KH
ZRXOGZKLUODURXQGDWED\RQO\WRGDVKDZD\DJDLQDWWKHILUVWRSSRUWXQLW\
%XWLQWKHHQG%XFN
VSHUWLQDFLW\ZDVUHZDUGHGIRUWKHZROIILQGLQJWKDWQRKDUPZDVLQWHQGHG
ILQDOO\VQLIIHGQRVHVZLWKKLP7KHQWKH\EHFDPHIULHQGO\DQGSOD\HGDERXWLQWKHQHUYRXVKDOI
FR\ZD\ZLWKZKLFKILHUFHEHDVWVEHOLHWKHLUILHUFHQHVV$IWHUVRPHWLPHRIWKLVWKHZROIVWDUWHGRII
DW DQ HDV\ ORSH LQ D PDQQHU WKDW SODLQO\ VKRZHG KH ZDV JRLQJ VRPHZKHUH +H PDGH LW FOHDU WR
%XFNWKDWKHZDVWRFRPHDQGWKH\UDQVLGHE\VLGHWKURXJKWKHVRPEUHWZLOLJKWVWUDLJKWXSWKH
FUHHNEHGLQWRWKHJRUJHIURPZKLFKLWLVVXHGDQGDFURVVWKHEOHDNGLYLGHZKHUHLWWRRNLWVULVH
2QWKHRSSRVLWHVORSHRIWKHZDWHUVKHGWKH\FDPHGRZQLQWRDOHYHOFRXQWU\ZKHUHZHUHJUHDW
VWUHWFKHVRIIRUHVWDQGPDQ\VWUHDPVDQGWKURXJKWKHVHJUHDWVWUHWFKHVWKH\UDQVWHDGLO\KRXUDIWHU
KRXUWKHVXQULVLQJKLJKHUDQGWKHGD\JURZLQJZDUPHU%XFNZDVZLOGO\JODG+HNQHZKHZDVDW
ODVWDQVZHULQJWKHFDOOUXQQLQJE\WKHVLGHRIKLVZRRGEURWKHUWRZDUGWKHSODFHIURPZKHUHWKH
FDOOVXUHO\FDPH2OGPHPRULHVZHUHFRPLQJXSRQKLPIDVWDQGKHZDVVWLUULQJWRWKHPDVRIROG
KH VWLUUHG WR WKH UHDOLWLHV RI ZKLFK WKH\ ZHUH WKH VKDGRZV +H KDG GRQH WKLV WKLQJ EHIRUH
VRPHZKHUHLQWKDWRWKHUDQGGLPO\UHPHPEHUHGZRUOGDQGKHZDVGRLQJLWDJDLQQRZUXQQLQJ
IUHHLQWKHRSHQWKHXQSDFNHGHDUWKXQGHUIRRWWKHZLGHVN\RYHUKHDG
7KH\VWRSSHGE\DUXQQLQJVWUHDPWRGULQNDQGVWRSSLQJ%XFNUHPHPEHUHG-RKQ7KRUQWRQ+H
VDWGRZQ7KHZROIVWDUWHGRQWRZDUGWKHSODFHIURPZKHUHWKHFDOOVXUHO\FDPHWKHQUHWXUQHGWR
KLPVQLIILQJQRVHVDQGPDNLQJ DFWLRQV DV WKRXJK WR HQFRXUDJH KLP %XW %XFN WXUQHG DERXW DQG
VWDUWHG VORZO\ RQ WKH EDFN WUDFN )RU WKH EHWWHU SDUW RI DQ KRXU WKH ZLOG EURWKHU UDQ E\ KLV VLGH
ZKLQLQJVRIWO\7KHQKHVDWGRZQSRLQWHGKLVQRVHXSZDUGDQGKRZOHG,WZDVDPRXUQIXOKRZO
DQG DV %XFN KHOG VWHDGLO\ RQ KLV ZD\ KH KHDUG LW JURZ IDLQW DQG IDLQWHU XQWLO LW ZDV ORVW LQ WKH
GLVWDQFH
-RKQ7KRUQWRQZDVHDWLQJGLQQHUZKHQ%XFNGDVKHGLQWRFDPSDQGVSUDQJXSRQKLPLQDIUHQ]\
RIDIIHFWLRQRYHUWXUQLQJKLPVFUDPEOLQJXSRQKLPOLFNLQJKLVIDFHELWLQJKLVKDQG³SOD\LQJWKH
JHQHUDOWRPIRRODV-RKQ7KRUQWRQFKDUDFWHUL]HGLWWKHZKLOHKHVKRRN%XFNEDFNDQGIRUWKDQG
FXUVHGKLPORYLQJO\
)RUWZRGD\VDQGQLJKWV%XFNQHYHUOHIWFDPSQHYHUOHW7KRUQWRQRXWRIKLVVLJKW+HIROORZHG
KLP DERXW DW KLV ZRUN ZDWFKHG KLP ZKLOH KH DWH VDZ KLP LQWR KLV EODQNHWV DW QLJKW DQG RXW RI
WKHPLQWKHPRUQLQJ%XWDIWHUWZRGD\VWKHFDOOLQWKHIRUHVWEHJDQWRVRXQGPRUHLPSHULRXVO\WKDQ
HYHU %XFN
V UHVWOHVVQHVV FDPH EDFN RQ KLP DQG KH ZDV KDXQWHG E\ UHFROOHFWLRQV RI WKH ZLOG
EURWKHUDQGRIWKHVPLOLQJODQGEH\RQGWKHGLYLGHDQGWKHUXQVLGHE\VLGHWKURXJKWKHZLGHIRUHVW
VWUHWFKHV2QFHDJDLQKHWRRNWRZDQGHULQJLQWKHZRRGVEXWWKHZLOGEURWKHUFDPHQRPRUHDQG
WKRXJKKHOLVWHQHGWKURXJKORQJYLJLOVWKHPRXUQIXOKRZOZDVQHYHUUDLVHG
+HEHJDQWRVOHHSRXWDWQLJKWVWD\LQJDZD\IURPFDPSIRUGD\VDWDWLPHDQGRQFHKHFURVVHG
WKHGLYLGHDWWKHKHDGRIWKHFUHHNDQGZHQWGRZQLQWRWKHODQGRIWLPEHUDQGVWUHDPV7KHUHKH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ZDQGHUHG IRU D ZHHN VHHNLQJ YDLQO\ IRU IUHVK VLJQ RI WKH ZLOG EURWKHU NLOOLQJ KLV PHDW DV KH
WUDYHOOHGDQGWUDYHOOLQJZLWKWKHORQJHDV\ORSHWKDWVHHPVQHYHUWRWLUH+HILVKHGIRUVDOPRQLQD
EURDGVWUHDPWKDWHPSWLHGVRPHZKHUHLQWRWKHVHDDQGE\WKLVVWUHDPKHNLOOHGDODUJHEODFNEHDU
EOLQGHG E\ WKH PRVTXLWRHV ZKLOH OLNHZLVH ILVKLQJ DQG UDJLQJ WKURXJK WKH IRUHVW KHOSOHVV DQG
WHUULEOH(YHQVRLWZDVDKDUGILJKWDQGLWDURXVHGWKHODVWODWHQWUHPQDQWVRI%XFN
VIHURFLW\$QG
WZR GD\V ODWHU ZKHQ KH UHWXUQHG WR KLV NLOO DQG IRXQG D GR]HQ ZROYHUHQHV TXDUUHOOLQJ RYHU WKH
VSRLOKHVFDWWHUHGWKHPOLNHFKDIIDQGWKRVHWKDWIOHGOHIWWZREHKLQGZKRZRXOGTXDUUHOQRPRUH
7KHEORRGORQJLQJEHFDPHVWURQJHUWKDQHYHUEHIRUH+HZDVDNLOOHUDWKLQJWKDWSUH\HGOLYLQJ
RQ WKH WKLQJV WKDW OLYHG XQDLGHG DORQH E\ YLUWXH RI KLV RZQ VWUHQJWK DQG SURZHVV VXUYLYLQJ
WULXPSKDQWO\ LQ D KRVWLOH HQYLURQPHQW ZKHUH RQO\ WKH VWURQJ VXUYLYHG %HFDXVH RI DOO WKLV KH
EHFDPH SRVVHVVHG RI D JUHDW SULGH LQ KLPVHOI ZKLFK FRPPXQLFDWHG LWVHOI OLNH D FRQWDJLRQ WR KLV
SK\VLFDOEHLQJ,WDGYHUWLVHGLWVHOILQDOOKLVPRYHPHQWVZDVDSSDUHQWLQWKHSOD\RIHYHU\PXVFOH
VSRNHSODLQO\DVVSHHFKLQWKHZD\KHFDUULHGKLPVHOIDQGPDGHKLVJORULRXVIXUU\FRDWLIDQ\WKLQJ
PRUH JORULRXV %XW IRU WKH VWUD\ EURZQ RQ KLV PX]]OH DQG DERYH KLV H\HV DQG IRU WKH VSODVK RI
ZKLWHKDLUWKDWUDQPLGPRVWGRZQKLVFKHVWKHPLJKWZHOOKDYHEHHQPLVWDNHQIRUDJLJDQWLFZROI
ODUJHUWKDQWKHODUJHVWRIWKHEUHHG)URPKLV6W%HUQDUGIDWKHUKHKDGLQKHULWHGVL]HDQGZHLJKW
EXWLWZDVKLVVKHSKHUGPRWKHUZKRKDGJLYHQVKDSHWRWKDWVL]HDQGZHLJKW+LVPX]]OHZDVWKH
ORQJ ZROI PX]]OH VDYH WKDW LW ZDV ODUJHU WKDQ WKH PX]]OH RI DQ\ ZROI DQG KLV KHDG VRPHZKDW
EURDGHUZDVWKHZROIKHDGRQDPDVVLYHVFDOH
+LVFXQQLQJZDVZROIFXQQLQJDQGZLOGFXQQLQJKLVLQWHOOLJHQFHVKHSKHUGLQWHOOLJHQFHDQG6W
%HUQDUGLQWHOOLJHQFHDQGDOOWKLVSOXVDQH[SHULHQFHJDLQHGLQWKHILHUFHVWRIVFKRROVPDGHKLPDV
IRUPLGDEOHDFUHDWXUHDVDQ\WKDWURDPHGWKHZLOG$FDUQLYRURXVDQLPDOOLYLQJRQDVWUDLJKW PHDW
GLHW KH ZDV LQ IXOO IORZHU DW WKH KLJK WLGH RI KLV OLIH RYHUVSLOOLQJ ZLWK YLJRU DQG YLULOLW\ :KHQ
7KRUQWRQ SDVVHG D FDUHVVLQJ KDQG DORQJ KLV EDFN D VQDSSLQJ DQG FUDFNOLQJ IROORZHG WKH KDQG
HDFKKDLUGLVFKDUJLQJ LWV SHQW PDJQHWLVP DW WKH FRQWDFW (YHU\ SDUW EUDLQ DQG ERG\ QHUYH WLVVXH
DQG ILEUH ZDV NH\HG WR WKH PRVW H[TXLVLWH SLWFK DQG EHWZHHQ DOO WKH SDUWV WKHUH ZDV D SHUIHFW
HTXLOLEULXPRUDGMXVWPHQW7RVLJKWVDQGVRXQGVDQGHYHQWVZKLFKUHTXLUHGDFWLRQKHUHVSRQGHG
ZLWKOLJKWQLQJOLNHUDSLGLW\4XLFNO\DVDKXVN\GRJFRXOGOHDSWRGHIHQGIURPDWWDFNRUWRDWWDFN
KHFRXOGOHDSWZLFHDVTXLFNO\+HVDZWKHPRYHPHQWRUKHDUGVRXQGDQGUHVSRQGHGLQOHVVWLPH
WKDQDQRWKHUGRJUHTXLUHGWRFRPSDVVWKHPHUHVHHLQJRUKHDULQJ+HSHUFHLYHGDQGGHWHUPLQHGDQG
UHVSRQGHG LQ WKH VDPH LQVWDQW ,Q SRLQW RI IDFW WKH WKUHH DFWLRQV RI SHUFHLYLQJ GHWHUPLQLQJ DQG
UHVSRQGLQJZHUHVHTXHQWLDOEXWVRLQILQLWHVLPDOZHUHWKHLQWHUYDOVRIWLPHEHWZHHQWKHPWKDWWKH\
DSSHDUHGVLPXOWDQHRXV+LVPXVFOHVZHUHVXUFKDUJHGZLWKYLWDOLW\DQGVQDSSHGLQWRSOD\VKDUSO\
OLNHVWHHOVSULQJV/LIHVWUHDPHGWKURXJKKLPLQVSOHQGLGIORRGJODGDQGUDPSDQW XQWLO LW VHHPHG
WKDWLWZRXOGEXUVWKLPDVXQGHULQVKHHUHFVWDV\DQGSRXUIRUWKJHQHURXVO\RYHUWKHZRUOG
1HYHU ZDV WKHUH VXFK D GRJ VDLG -RKQ 7KRUQWRQ RQH GD\ DV WKH SDUWQHUV ZDWFKHG %XFN
PDUFKLQJRXWRIFDPS
:KHQKHZDVPDGHWKHPRXOGZDVEURNHVDLG3HWH
3\MLQJR,W
LQNVRPLQHVHOI+DQVDIILUPHG
7KH\VDZKLPPDUFKLQJRXWRIFDPSEXWWKH\GLGQRWVHHWKHLQVWDQWDQGWHUULEOHWUDQVIRUPDWLRQ
ZKLFK WRRN SODFH DV VRRQ DV KH ZDV ZLWKLQ WKH VHFUHF\ RI WKH IRUHVW +H QR ORQJHU PDUFKHG $W
RQFH KH EHFDPH D WKLQJ RI WKH ZLOG VWHDOLQJ DORQJ VRIWO\ FDWIRRWHG D SDVVLQJ VKDGRZ WKDW
DSSHDUHGDQGGLVDSSHDUHGDPRQJWKHVKDGRZV+HNQHZKRZWRWDNHDGYDQWDJHRIHYHU\FRYHUWR
FUDZORQKLVEHOO\OLNHDVQDNHDQGOLNHDVQDNHWROHDSDQGVWULNH+HFRXOGWDNHDSWDUPLJDQIURP
LWVQHVWNLOODUDEELWDVLWVOHSWDQGVQDSLQPLGDLUWKHOLWWOHFKLSPXQNVIOHHLQJDVHFRQGWRRODWHIRU
WKHWUHHV)LVKLQRSHQSRROVZHUHQRWWRRTXLFNIRUKLPQRUZHUHEHDYHUPHQGLQJWKHLUGDPVWRR
ZDU\+HNLOOHGWRHDWQRWIURPZDQWRQQHVVEXWKHSUHIHUUHGWRHDWZKDWKHNLOOHGKLPVHOI6RD
OXUNLQJKXPRUUDQWKURXJKKLVGHHGVDQGLWZDVKLVGHOLJKWWRVWHDOXSRQWKHVTXLUUHOVDQGZKHQ
KHDOOEXWKDGWKHPWROHWWKHPJRFKDWWHULQJLQPRUWDOIHDUWRWKHWUHHWRSV
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
$VWKHIDOORIWKH\HDUFDPHRQWKHPRRVHDSSHDUHGLQJUHDWHUDEXQGDQFHPRYLQJVORZO\GRZQ
WRPHHWWKHZLQWHULQWKHORZHUDQGOHVVULJRURXVYDOOH\V%XFNKDGDOUHDG\GUDJJHGGRZQDVWUD\
SDUWJURZQFDOIEXWKHZLVKHGVWURQJO\IRUODUJHUDQGPRUHIRUPLGDEOHTXDUU\DQGKHFDPHXSRQLW
RQHGD\RQWKHGLYLGHDWWKHKHDGRIWKHFUHHN$EDQGRIWZHQW\PRRVHKDGFURVVHGRYHUIURPWKH
ODQGRIVWUHDPVDQGWLPEHUDQGFKLHIDPRQJWKHPZDVD JUHDW EXOO +H ZDV LQ D VDYDJH WHPSHU
DQGVWDQGLQJRYHUVL[IHHWIURPWKHJURXQGZDVDVIRUPLGDEOHDQDQWDJRQLVWDVHYHQ%XFNFRXOG
GHVLUH%DFNDQGIRUWKWKHEXOOWRVVHGKLVJUHDWSDOPDWHGDQWOHUVEUDQFKLQJWRIRXUWHHQSRLQWVDQG
HPEUDFLQJVHYHQIHHWZLWKLQWKHWLSV+LVVPDOOH\HVEXUQHGZLWKDYLFLRXVDQGELWWHUOLJKWZKLOHKH
URDUHGZLWKIXU\DWVLJKWRI%XFN
)URPWKHEXOO
VVLGHMXVWIRUZDUGRIWKHIODQNSURWUXGHGDIHDWKHUHGDUURZHQGZKLFKDFFRXQWHG
IRUKLVVDYDJHQHVV*XLGHGE\WKDWLQVWLQFWZKLFKFDPHIURPWKHROGKXQWLQJGD\VRIWKHSULPRUGLDO
ZRUOG%XFNSURFHHGHGWRFXWWKHEXOORXWIURPWKHKHUG,WZDVQRVOLJKWWDVN+HZRXOGEDUNDQG
GDQFHDERXWLQIURQWRIWKHEXOOMXVWRXWRIUHDFKRIWKHJUHDWDQWOHUVDQGRIWKHWHUULEOHVSOD\KRRIV
ZKLFKFRXOGKDYHVWDPSHGKLVOLIHRXWZLWKDVLQJOHEORZ8QDEOHWRWXUQKLVEDFNRQWKHIDQJHG
GDQJHUDQGJRRQWKHEXOOZRXOGEHGULYHQLQWRSDUR[\VPVRIUDJH$WVXFKPRPHQWVKHFKDUJHG
%XFN ZKR UHWUHDWHG FUDIWLO\ OXULQJ KLP RQ E\ D VLPXODWHG LQDELOLW\ WR HVFDSH %XW ZKHQ KH ZDV
WKXVVHSDUDWHGIURPKLVIHOORZVWZRRUWKUHHRIWKH\RXQJHUEXOOVZRXOGFKDUJHEDFNXSRQ%XFN
DQGHQDEOHWKHZRXQGHGEXOOWRUHMRLQWKHKHUG
7KHUHLVDSDWLHQFHRIWKHZLOG³GRJJHGWLUHOHVVSHUVLVWHQWDVOLIHLWVHOI³WKDWKROGVPRWLRQOHVV
IRU HQGOHVV KRXUV WKH VSLGHU LQ LWV ZHE WKH VQDNH LQ LWV FRLOV WKH SDQWKHU LQ LWV DPEXVFDGH WKLV
SDWLHQFHEHORQJVSHFXOLDUO\WROLIHZKHQLWKXQWVLWVOLYLQJIRRGDQGLWEHORQJHGWR%XFNDVKHFOXQJ
WRWKHIODQNRIWKHKHUGUHWDUGLQJLWVPDUFKLUULWDWLQJWKH\RXQJEXOOVZRUU\LQJWKHFRZVZLWKWKHLU
KDOIJURZQ FDOYHV DQG GULYLQJ WKH ZRXQGHG EXOO PDG ZLWK KHOSOHVV UDJH )RU KDOI D GD\ WKLV
FRQWLQXHG%XFNPXOWLSOLHGKLPVHOIDWWDFNLQJIURPDOOVLGHVHQYHORSLQJWKHKHUGLQDZKLUOZLQGRI
PHQDFH FXWWLQJ RXW KLV YLFWLP DV IDVW DV LW FRXOG UHMRLQ LWV PDWHV ZHDULQJ RXW WKH SDWLHQFH RI
FUHDWXUHVSUH\HGXSRQZKLFKLVDOHVVHUSDWLHQFHWKDQWKDWRIFUHDWXUHVSUH\LQJ
$VWKHGD\ZRUHDORQJDQGWKHVXQGURSSHGWRLWVEHGLQWKHQRUWKZHVWWKHGDUNQHVVKDGFRPH
EDFNDQGWKHIDOOQLJKWVZHUHVL[KRXUVORQJWKH\RXQJEXOOVUHWUDFHGWKHLUVWHSVPRUHDQGPRUH
UHOXFWDQWO\WRWKHDLGRIWKHLUEHVHWOHDGHU7KHGRZQFRPLQJZLQWHUZDVKDUU\LQJWKHPRQWRWKH
ORZHUOHYHOV DQG LW VHHPHG WKH\ FRXOG QHYHU VKDNH RII WKLV WLUHOHVV FUHDWXUH WKDW KHOG WKHP EDFN
%HVLGHVLWZDVQRWWKHOLIHRIWKHKHUGRURIWKH\RXQJEXOOVWKDWZDVWKUHDWHQHG7KHOLIHRIRQO\
RQHPHPEHUZDVGHPDQGHGZKLFKZDVDUHPRWHULQWHUHVWWKDQWKHLUOLYHVDQGLQWKHHQGWKH\ZHUH
FRQWHQWWRSD\WKHWROO
$V WZLOLJKW IHOO WKH ROG EXOO VWRRG ZLWK ORZHUHG KHDG ZDWFKLQJ KLV PDWHV³WKH FRZV KH KDG
NQRZQWKHFDOYHVKHKDGIDWKHUHGWKHEXOOVKHKDGPDVWHUHG³DVWKH\VKDPEOHGRQDWDUDSLGSDFH
WKURXJKWKHIDGLQJOLJKW+HFRXOGQRWIROORZIRUEHIRUHKLVQRVHOHDSHGWKHPHUFLOHVVIDQJHGWHUURU
WKDWZRXOGQRWOHWKLPJR7KUHHKXQGUHGZHLJKWPRUHWKDQKDOIDWRQKHZHLJKHGKHKDGOLYHGD
ORQJVWURQJOLIHIXOORIILJKWDQGVWUXJJOHDQGDWWKHHQGKHIDFHGGHDWKDWWKHWHHWKRIDFUHDWXUH
ZKRVHKHDGGLGQRWUHDFKEH\RQGKLVJUHDWNQXFNOHGNQHHV
)URP WKHQ RQ QLJKW DQG GD\ %XFN QHYHU OHIW KLV SUH\ QHYHU JDYH LW D PRPHQW
V UHVW QHYHU
SHUPLWWHGLWWREURZVHWKHOHDYHVRIWUHHVRUWKHVKRRWVRI\RXQJELUFKDQGZLOORZ1RUGLGKHJLYH
WKH ZRXQGHG EXOO RSSRUWXQLW\ WR VODNH KLV EXUQLQJ WKLUVW LQ WKH VOHQGHU WULFNOLQJ VWUHDPV WKH\
FURVVHG 2IWHQ LQ GHVSHUDWLRQ KH EXUVW LQWR ORQJ VWUHWFKHV RI IOLJKW $W VXFK WLPHV %XFN GLG QRW
DWWHPSWWRVWD\KLPEXWORSHGHDVLO\DWKLVKHHOVVDWLVILHGZLWKWKHZD\WKHJDPHZDVSOD\HGO\LQJ
GRZQZKHQWKHPRRVHVWRRGVWLOODWWDFNLQJKLPILHUFHO\ZKHQKHVWURYHWRHDWRUGULQN
7KH JUHDW KHDG GURRSHG PRUH DQG PRUH XQGHU LWV WUHH RI KRUQV DQG WKH VKDPEOLQJ WURW JUHZ
ZHDNDQGZHDNHU+HWRRNWRVWDQGLQJIRUORQJSHULRGVZLWKQRVHWRWKHJURXQGDQGGHMHFWHGHDUV
GURSSHGOLPSO\DQG%XFNIRXQGPRUHWLPHLQZKLFKWRJHWZDWHUIRUKLPVHOIDQGLQZKLFKWRUHVW
$W VXFK PRPHQWV SDQWLQJ ZLWK UHG OROOLQJ WRQJXH DQG ZLWK H\HV IL[HG XSRQ WKH ELJ EXOO LW
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
DSSHDUHGWR%XFNWKDWDFKDQJHZDVFRPLQJRYHUWKHIDFHRIWKLQJV+HFRXOGIHHODQHZVWLULQWKH
ODQG $V WKH PRRVH ZHUH FRPLQJ LQWR WKH ODQG RWKHU NLQGV RI OLIH ZHUH FRPLQJ LQ )RUHVW DQG
VWUHDPDQGDLUVHHPHGSDOSLWDQWZLWKWKHLUSUHVHQFH7KHQHZVRILWZDVERUQHLQXSRQKLPQRWE\
VLJKWRUVRXQGRUVPHOOEXWE\VRPHRWKHUDQGVXEWOHUVHQVH+HKHDUGQRWKLQJVDZQRWKLQJ\HW
NQHZWKDWWKHODQGZDVVRPHKRZGLIIHUHQWWKDWWKURXJKLWVWUDQJHWKLQJVZHUHDIRRWDQGUDQJLQJ
DQGKHUHVROYHGWRLQYHVWLJDWHDIWHUKHKDGILQLVKHGWKHEXVLQHVVLQKDQG
$WODVWDWWKHHQGRIWKHIRXUWKGD\KHSXOOHGWKHJUHDWPRRVHGRZQ)RUDGD\DQGDQLJKWKH
UHPDLQHGE\WKHNLOOHDWLQJDQGVOHHSLQJWXUQDQGWXUQDERXW7KHQUHVWHGUHIUHVKHGDQGVWURQJ
KHWXUQHGKLVIDFHWRZDUGFDPSDQG-RKQ7KRUQWRQ+HEURNHLQWRWKHORQJHDV\ORSHDQGZHQWRQ
KRXUDIWHUKRXUQHYHUDWORVVIRUWKHWDQJOHGZD\KHDGLQJVWUDLJKWKRPHWKURXJKVWUDQJHFRXQWU\
ZLWKDFHUWLWXGHRIGLUHFWLRQWKDWSXWPDQDQGKLVPDJQHWLFQHHGOHWRVKDPH
$VKHKHOGRQKHEHFDPHPRUHDQGPRUHFRQVFLRXVRIWKHQHZVWLULQWKHODQG7KHUHZDVOLIH
DEURDGLQLWGLIIHUHQWIURPWKHOLIHZKLFKKDGEHHQWKHUHWKURXJKRXWWKHVXPPHU1RORQJHUZDVWKLV
IDFW ERUQH LQ XSRQ KLP LQ VRPH VXEWOH P\VWHULRXV ZD\ 7KH ELUGV WDONHG RI LW WKH VTXLUUHOV
FKDWWHUHGDERXWLWWKHYHU\EUHH]HZKLVSHUHGRILW6HYHUDOWLPHVKHVWRSSHGDQGGUHZLQWKHIUHVK
PRUQLQJDLULQJUHDWVQLIIVUHDGLQJDPHVVDJHZKLFKPDGHKLPOHDSRQZLWKJUHDWHUVSHHG+HZDV
RSSUHVVHGZLWKDVHQVHRIFDODPLW\KDSSHQLQJLILWZHUHQRWFDODPLW\DOUHDG\KDSSHQHGDQGDVKH
FURVVHG WKH ODVW ZDWHUVKHG DQG GURSSHG GRZQ LQWR WKH YDOOH\ WRZDUG FDPS KH SURFHHGHG ZLWK
JUHDWHUFDXWLRQ
7KUHHPLOHVDZD\KHFDPHXSRQDIUHVKWUDLOWKDWVHQWKLVQHFNKDLUULSSOLQJDQGEULVWOLQJ,WOHG
VWUDLJKW WRZDUG FDPS DQG -RKQ 7KRUQWRQ %XFN KXUULHG RQ VZLIWO\ DQG VWHDOWKLO\ HYHU\ QHUYH
VWUDLQLQJDQGWHQVHDOHUWWRWKHPXOWLWXGLQRXVGHWDLOVZKLFKWROGDVWRU\³DOOEXWWKHHQG+LVQRVH
JDYHKLPDYDU\LQJGHVFULSWLRQRIWKHSDVVDJHRIWKHOLIHRQWKHKHHOVRIZKLFKKHZDVWUDYHOOLQJ
+H UHPDUNHG WKH SUHJQDQW VLOHQFH RI WKH IRUHVW 7KH ELUG OLIH KDG IOLWWHG 7KH VTXLUUHOV ZHUH LQ
KLGLQJ 2QH RQO\ KH VDZ³D VOHHN JUD\ IHOORZ IODWWHQHG DJDLQVW D JUD\ GHDG OLPE VR WKDW KH
VHHPHGDSDUWRILWDZRRG\H[FUHVFHQFHXSRQWKHZRRGLWVHOI
$V%XFNVOLGDORQJZLWKWKHREVFXUHQHVVRIDJOLGLQJVKDGRZKLVQRVHZDVMHUNHGVXGGHQO\WR
WKH VLGH DV WKRXJK D SRVLWLYH IRUFH KDG JULSSHG DQG SXOOHG LW +H IROORZHG WKH QHZ VFHQW LQWR D
WKLFNHW DQG IRXQG 1LJ +H ZDV O\LQJ RQ KLV VLGH GHDG ZKHUH KH KDG GUDJJHG KLPVHOI DQ DUURZ
SURWUXGLQJKHDGDQGIHDWKHUVIURPHLWKHUVLGHRIKLVERG\
$ KXQGUHG \DUGV IDUWKHU RQ %XFN FDPH XSRQ RQH RI WKH VOHGGRJV 7KRUQWRQ KDG ERXJKW LQ
'DZVRQ7KLVGRJZDVWKUDVKLQJDERXWLQDGHDWKVWUXJJOHGLUHFWO\RQWKHWUDLODQG%XFNSDVVHG
DURXQG KLP ZLWKRXW VWRSSLQJ )URP WKH FDPS FDPH WKH IDLQW VRXQG RI PDQ\ YRLFHV ULVLQJ DQG
IDOOLQJLQDVLQJVRQJFKDQW%HOO\LQJIRUZDUGWRWKHHGJHRIWKHFOHDULQJKHIRXQG+DQVO\LQJRQ
KLVIDFH IHDWKHUHG ZLWK DUURZVOLNH DSRUFXSLQH $W WKH VDPH LQVWDQW %XFN SHHUHG RXW ZKHUH WKH
VSUXFHERXJK ORGJH KDG EHHQ DQG VDZ ZKDW PDGH KLV KDLU OHDS VWUDLJKW XS RQ KLV QHFN DQG
VKRXOGHUV$JXVWRIRYHUSRZHULQJUDJHVZHSWRYHUKLP+HGLGQRWNQRZWKDWKHJURZOHGEXWKH
JURZOHG DORXG ZLWK D WHUULEOH IHURFLW\ )RU WKH ODVW WLPH LQ KLV OLIH KH DOORZHG SDVVLRQ WR XVXUS
FXQQLQJDQGUHDVRQDQGLWZDVEHFDXVHRIKLVJUHDWORYHIRU-RKQ7KRUQWRQWKDWKHORVWKLVKHDG
7KH <HHKDWV ZHUH GDQFLQJ DERXW WKH ZUHFNDJH RI WKH VSUXFHERXJK ORGJH ZKHQ WKH\ KHDUG D
IHDUIXOURDULQJDQGVDZUXVKLQJXSRQWKHPDQDQLPDOWKHOLNHRIZKLFKWKH\KDGQHYHUVHHQEHIRUH
,WZDV%XFNDOLYHKXUULFDQHRIIXU\KXUOLQJKLPVHOIXSRQWKHPLQDIUHQ]\WRGHVWUR\+HVSUDQJ
DW WKH IRUHPRVW PDQ LW ZDV WKH FKLHI RI WKH <HHKDWV ULSSLQJ WKH WKURDW ZLGH RSHQ WLOO WKH UHQW
MXJXODUVSRXWHGDIRXQWDLQRIEORRG+HGLGQRWSDXVHWRZRUU\WKHYLFWLPEXWULSSHGLQSDVVLQJ
ZLWKWKHQH[WERXQGWHDULQJZLGHWKHWKURDWRIDVHFRQGPDQ7KHUHZDVQRZLWKVWDQGLQJKLP+H
SOXQJHG DERXW LQ WKHLU YHU\ PLGVW WHDULQJ UHQGLQJ GHVWUR\LQJ LQ FRQVWDQW DQG WHUULILF PRWLRQ
ZKLFK GHILHG WKH DUURZV WKH\ GLVFKDUJHG DW KLP ,Q IDFW VR LQFRQFHLYDEO\ UDSLG ZHUH KLV
PRYHPHQWVDQGVRFORVHO\ZHUHWKH,QGLDQVWDQJOHGWRJHWKHUWKDWWKH\VKRWRQHDQRWKHUZLWKWKH
DUURZV DQG RQH \RXQJ KXQWHU KXUOLQJ D VSHDU DW %XFN LQ PLG DLU GURYH LW WKURXJK WKH FKHVW RI
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
DQRWKHU KXQWHU ZLWK VXFK IRUFH WKDW WKH SRLQW EURNH WKURXJK WKH VNLQ RI WKH EDFN DQG VWRRG RXW
EH\RQG7KHQDSDQLFVHL]HGWKH<HHKDWVDQGWKH\IOHGLQWHUURUWRWKHZRRGVSURFODLPLQJDVWKH\
IOHGWKHDGYHQWRIWKH(YLO6SLULW
$QGWUXO\%XFNZDVWKH)LHQGLQFDUQDWHUDJLQJDWWKHLUKHHOVDQGGUDJJLQJWKHPGRZQOLNHGHHU
DVWKH\UDFHGWKURXJKWKHWUHHV,WZDVDIDWHIXOGD\IRUWKH<HHKDWV7KH\VFDWWHUHGIDUDQGZLGH
RYHUWKHFRXQWU\DQGLWZDVQRWWLOODZHHNODWHUWKDWWKHODVWRIWKHVXUYLYRUVJDWKHUHGWRJHWKHULQD
ORZHU YDOOH\ DQG FRXQWHG WKHLU ORVVHV $V IRU %XFN ZHDU\LQJ RI WKH SXUVXLW KH UHWXUQHG WR WKH
GHVRODWHG FDPS +H IRXQG 3HWH ZKHUH KH KDG EHHQ NLOOHG LQ KLV EODQNHWV LQ WKH ILUVW PRPHQW RI
VXUSULVH 7KRUQWRQ
V GHVSHUDWH VWUXJJOH ZDV IUHVKZULWWHQ RQ WKH HDUWK DQG %XFN VFHQWHG HYHU\
GHWDLORILWGRZQWRWKHHGJHRIDGHHSSRRO%\WKHHGJHKHDGDQGIRUHIHHWLQWKHZDWHUOD\6NHHW
IDLWKIXO WR WKH ODVW 7KH SRRO LWVHOI PXGG\ DQG GLVFRORUHG IURP WKH VOXLFH ER[HV HIIHFWXDOO\ KLG
ZKDWLWFRQWDLQHGDQGLWFRQWDLQHG-RKQ7KRUQWRQIRU%XFNIROORZHGKLVWUDFHLQWRWKHZDWHUIURP
ZKLFKQRWUDFHOHGDZD\
$OOGD\%XFNEURRGHGE\WKHSRRORUURDPHGUHVWOHVVO\DERXWWKHFDPS'HDWKDVDFHVVDWLRQRI
PRYHPHQW DV D SDVVLQJ RXW DQG DZD\ IURP WKH OLYHV RI WKH OLYLQJ KH NQHZ DQG KH NQHZ -RKQ
7KRUQWRQZDVGHDG,WOHIWDJUHDWYRLGLQKLPVRPHZKDWDNLQWRKXQJHUEXWDYRLGZKLFKDFKHG
DQGDFKHGDQGZKLFKIRRGFRXOGQRWILOO$WWLPHVZKHQKHSDXVHGWRFRQWHPSODWHWKHFDUFDVVHVRI
WKH<HHKDWVKHIRUJRWWKHSDLQRILWDQGDWVXFKWLPHVKHZDVDZDUHRIDJUHDWSULGHLQKLPVHOI³D
SULGHJUHDWHUWKDQDQ\KHKDG\HWH[SHULHQFHG+HKDGNLOOHGPDQWKHQREOHVWJDPHRIDOODQGKH
KDGNLOOHGLQWKHIDFHRIWKHODZRIFOXEDQGIDQJ+HVQLIIHGWKHERGLHVFXULRXVO\7KH\KDGGLHGVR
HDVLO\,WZDVKDUGHUWRNLOODKXVN\GRJWKDQWKHP7KH\ZHUHQRPDWFKDWDOOZHUHLWQRWIRUWKHLU
DUURZVDQGVSHDUVDQGFOXEV7KHQFHIRUZDUGKHZRXOGEHXQDIUDLGRIWKHPH[FHSWZKHQWKH\ERUH
LQWKHLUKDQGVWKHLUDUURZVVSHDUVDQGFOXEV
1LJKWFDPHRQDQGDIXOOPRRQURVHKLJKRYHUWKHWUHHVLQWRWKHVN\OLJKWLQJWKHODQGWLOOLWOD\
EDWKHG LQ JKRVWO\ GD\ $QG ZLWK WKH FRPLQJ RI WKH QLJKW EURRGLQJ DQG PRXUQLQJ E\ WKH SRRO
%XFNEHFDPHDOLYHWRDVWLUULQJRIWKHQHZOLIHLQWKHIRUHVWRWKHUWKDQWKDWZKLFKWKH<HHKDWVKDG
PDGH+HVWRRGXSOLVWHQLQJDQGVFHQWLQJ)URPIDUDZD\GULIWHGDIDLQWVKDUS\HOSIROORZHGE\D
FKRUXV RI VLPLODU VKDUS \HOSV $V WKH PRPHQWV SDVVHG WKH \HOSV JUHZ FORVHU DQG ORXGHU $JDLQ
%XFNNQHZWKHPDVWKLQJVKHDUGLQWKDWRWKHUZRUOGZKLFKSHUVLVWHGLQKLVPHPRU\+HZDONHGWR
WKH FHQWUH RI WKH RSHQ VSDFH DQG OLVWHQHG ,W ZDV WKH FDOO WKH PDQ\QRWHG FDOO VRXQGLQJ PRUH
OXULQJO\ DQG FRPSHOOLQJO\ WKDQ HYHU EHIRUH $QG DV QHYHU EHIRUH KH ZDV UHDG\ WR REH\ -RKQ
7KRUQWRQZDVGHDG7KHODVWWLHZDVEURNHQ0DQDQGWKHFODLPVRIPDQQRORQJHUERXQGKLP
+XQWLQJWKHLUOLYLQJPHDWDVWKH<HHKDWVZHUHKXQWLQJLWRQWKHIODQNVRIWKHPLJUDWLQJPRRVH
WKH ZROI SDFN KDG DW ODVW FURVVHG RYHU IURP WKH ODQG RI VWUHDPV DQG WLPEHU DQG LQYDGHG %XFN
V
YDOOH\,QWRWKHFOHDULQJZKHUHWKHPRRQOLJKWVWUHDPHGWKH\SRXUHGLQDVLOYHU\IORRGDQGLQWKH
FHQWUHRIWKHFOHDULQJVWRRG%XFNPRWLRQOHVVDVDVWDWXHZDLWLQJWKHLUFRPLQJ7KH\ZHUHDZHGVR
VWLOODQGODUJHKHVWRRGDQGDPRPHQW
VSDXVHIHOOWLOOWKHEROGHVWRQHOHDSHGVWUDLJKWIRUKLP/LNH
DIODVK%XFNVWUXFNEUHDNLQJWKHQHFN7KHQKHVWRRGZLWKRXWPRYHPHQWDVEHIRUHWKHVWULFNHQ
ZROIUROOLQJLQDJRQ\EHKLQGKLP7KUHHRWKHUVWULHGLWLQVKDUSVXFFHVVLRQDQGRQHDIWHUWKHRWKHU
WKH\GUHZEDFNVWUHDPLQJEORRGIURPVODVKHGWKURDWVRUVKRXOGHUV
7KLV ZDV VXIILFLHQW WR IOLQJ WKH ZKROH SDFN IRUZDUG SHOOPHOO FURZGHG WRJHWKHU EORFNHG DQG
FRQIXVHGE\LWVHDJHUQHVVWRSXOOGRZQWKHSUH\%XFN
VPDUYHOORXVTXLFNQHVVDQGDJLOLW\VWRRGKLP
LQJRRGVWHDG3LYRWLQJRQKLVKLQGOHJVDQGVQDSSLQJDQGJDVKLQJKHZDVHYHU\ZKHUHDWRQFH
SUHVHQWLQJDIURQWZKLFKZDVDSSDUHQWO\XQEURNHQVRVZLIWO\GLGKHZKLUODQGJXDUGIURPVLGHWR
VLGH%XWWRSUHYHQWWKHPIURPJHWWLQJEHKLQGKLPKH ZDV IRUFHG EDFN GRZQ SDVW WKH SRRO DQG
LQWRWKHFUHHNEHGWLOOKHEURXJKWXSDJDLQVWDKLJKJUDYHOEDQN+HZRUNHGDORQJWRDULJKWDQJOH
LQWKHEDQNZKLFKWKHPHQKDGPDGHLQWKHFRXUVHRIPLQLQJDQGLQWKLVDQJOHKH FDPH WR ED\
SURWHFWHGRQWKUHHVLGHVDQGZLWKQRWKLQJWRGREXWIDFHWKHIURQW
$QGVRZHOOGLGKHIDFHLWWKDWDWWKHHQGRIKDOIDQKRXUWKHZROYHVGUHZEDFNGLVFRPILWHG7KH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
WRQJXHVRIDOOZHUHRXWDQGOROOLQJWKHZKLWHIDQJVVKRZLQJFUXHOO\ZKLWHLQWKHPRRQOLJKW6RPH
ZHUHO\LQJGRZQZLWKKHDGVUDLVHGDQGHDUVSULFNHGIRUZDUGRWKHUVVWRRGRQWKHLUIHHWZDWFKLQJ
KLPDQGVWLOORWKHUVZHUHODSSLQJZDWHUIURPWKHSRRO2QHZROIORQJDQGOHDQDQGJUD\DGYDQFHG
FDXWLRXVO\LQDIULHQGO\PDQQHUDQG%XFNUHFRJQL]HGWKHZLOGEURWKHUZLWKZKRPKHKDGUXQIRUD
QLJKWDQGDGD\+HZDVZKLQLQJVRIWO\DQGDV%XFNZKLQHGWKH\WRXFKHGQRVHV
7KHQ DQ ROG ZROI JDXQW DQG EDWWOHVFDUUHG FDPH IRUZDUG %XFN ZULWKHG KLV OLSV LQWR WKH
SUHOLPLQDU\RIDVQDUOEXWVQLIIHGQRVHVZLWKKLP:KHUHXSRQWKHROGZROIVDWGRZQSRLQWHGQRVH
DWWKHPRRQDQGEURNHRXWWKHORQJZROIKRZO7KHRWKHUVVDWGRZQDQGKRZOHG$QGQRZWKHFDOO
FDPHWR%XFNLQXQPLVWDNDEOHDFFHQWV+HWRRVDWGRZQDQGKRZOHG7KLVRYHUKHFDPHRXWRI
KLV DQJOH DQG WKH SDFN FURZGHG DURXQG KLP VQLIILQJ LQ KDOIIULHQGO\ KDOIVDYDJH PDQQHU 7KH
OHDGHUVOLIWHGWKH\HOSRIWKHSDFNDQGVSUDQJDZD\LQWRWKHZRRGV7KHZROYHVVZXQJLQEHKLQG
\HOSLQJLQFKRUXV$QG%XFNUDQZLWKWKHPVLGHE\VLGHZLWKWKHZLOGEURWKHU\HOSLQJDVKHUDQ
$QGKHUHPD\ZHOOHQGWKHVWRU\RI%XFN7KH\HDUVZHUHQRWPDQ\ZKHQWKH<HHKDWVQRWHGD
FKDQJH LQ WKH EUHHG RI WLPEHU ZROYHV IRU VRPH ZHUH VHHQ ZLWK VSODVKHV RI EURZQ RQ KHDG DQG
PX]]OH DQG ZLWK D ULIW RI ZKLWH FHQWULQJ GRZQ WKH FKHVW %XW PRUH UHPDUNDEOH WKDQ WKLV WKH
<HHKDWVWHOORID*KRVW'RJWKDWUXQVDWWKHKHDGRIWKHSDFN7KH\DUHDIUDLGRIWKLV*KRVW 'RJ
IRULWKDVFXQQLQJJUHDWHUWKDQWKH\VWHDOLQJIURPWKHLUFDPSVLQILHUFHZLQWHUVUREELQJWKHLUWUDSV
VOD\LQJWKHLUGRJVDQGGHI\LQJWKHLUEUDYHVWKXQWHUV
1D\WKHWDOHJURZVZRUVH+XQWHUVWKHUHDUHZKRIDLOWRUHWXUQWRWKHFDPS DQG KXQWHUV WKHUH
KDYHEHHQZKRPWKHLUWULEHVPHQIRXQGZLWKWKURDWVVODVKHGFUXHOO\RSHQDQGZLWKZROISULQWVDERXW
WKHP LQ WKH VQRZ JUHDWHU WKDQ WKH SULQWV RI DQ\ ZROI (DFK IDOO ZKHQ WKH <HHKDWV IROORZ WKH
PRYHPHQW RI WKH PRRVH WKHUH LV D FHUWDLQ YDOOH\ ZKLFK WKH\ QHYHU HQWHU $QG ZRPHQ WKHUH DUH
ZKREHFRPHVDGZKHQWKHZRUGJRHVRYHUWKHILUHRIKRZWKH(YLO6SLULWFDPHWRVHOHFWWKDWYDOOH\
IRUDQDELGLQJSODFH
,QWKHVXPPHUVWKHUHLVRQHYLVLWRUKRZHYHUWRWKDWYDOOH\RIZKLFKWKH<HHKDWVGRQRWNQRZ,W
LVDJUHDWJORULRXVO\FRDWHGZROIOLNHDQG\HWXQOLNHDOORWKHUZROYHV+HFURVVHVDORQHIURPWKH
VPLOLQJ WLPEHU ODQG DQG FRPHV GRZQ LQWR DQ RSHQ VSDFH DPRQJ WKH WUHHV +HUH D \HOORZ VWUHDP
IORZVIURPURWWHGPRRVHKLGHVDFNVDQGVLQNVLQWRWKHJURXQGZLWKORQJJUDVVHVJURZLQJWKURXJKLW
DQGYHJHWDEOHPRXOGRYHUUXQQLQJLWDQGKLGLQJLWV \HOORZ IURP WKH VXQ DQGKHUHKHPXVHVIRU D
WLPHKRZOLQJRQFHORQJDQGPRXUQIXOO\HUHKHGHSDUWV
%XWKHLVQRWDOZD\VDORQH:KHQWKHORQJZLQWHUQLJKWVFRPHRQDQGWKHZROYHVIROORZWKHLU
PHDW LQWR WKH ORZHU YDOOH\V KH PD\ EH VHHQ UXQQLQJ DW WKH KHDG RI WKH SDFN WKURXJK WKH SDOH
PRRQOLJKWRUJOLPPHULQJERUHDOLVOHDSLQJJLJDQWLFDERYHKLVIHOORZVKLVJUHDWWKURDWDEHOORZDV
KHVLQJVDVRQJRIWKH\RXQJHUZRUOGZKLFKLVWKHVRQJRIWKHSDFN
(QGRIWKH3URMHFW*XWHQEHUJ(%RRNRI7KH&DOORIWKH:LOGE\-DFN/RQGRQ
(1'2)7+,6352-(&7*87(1%(5*(%22.7+(&$//2)7+(:,/'
7KLVILOHVKRXOGEHQDPHGKKWPRUK]LS
7KLVDQGDOODVVRFLDWHGILOHVRIYDULRXVIRUPDWVZLOOEHIRXQGLQ
KWWSZZZJXWHQEHUJRUJ
3URGXFHGE\5\DQ.LUVWLQ/LQGDDQG5LFN7UDSSDQG'DYLG:LGJHU
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
8SGDWHGHGLWLRQVZLOOUHSODFHWKHSUHYLRXVRQHWKHROGHGLWLRQV
ZLOOEHUHQDPHG
&UHDWLQJWKHZRUNVIURPSXEOLFGRPDLQSULQWHGLWLRQVPHDQVWKDWQR
RQHRZQVD8QLWHG6WDWHVFRS\ULJKWLQWKHVHZRUNVVRWKH)RXQGDWLRQ
DQG\RXFDQFRS\DQGGLVWULEXWHLWLQWKH8QLWHG6WDWHVZLWKRXW
SHUPLVVLRQDQGZLWKRXWSD\LQJFRS\ULJKWUR\DOWLHV6SHFLDOUXOHV
VHWIRUWKLQWKH*HQHUDO7HUPVRI8VHSDUWRIWKLVOLFHQVHDSSO\WR
FRS\LQJDQGGLVWULEXWLQJ3URMHFW*XWHQEHUJWPHOHFWURQLFZRUNVWR
SURWHFWWKH352-(&7*87(1%(5*WPFRQFHSWDQGWUDGHPDUN3URMHFW
*XWHQEHUJLVDUHJLVWHUHGWUDGHPDUNDQGPD\QRWEHXVHGLI\RX
FKDUJHIRUWKHH%RRNVXQOHVV\RXUHFHLYHVSHFLILFSHUPLVVLRQ,I\RX
GRQRWFKDUJHDQ\WKLQJIRUFRSLHVRIWKLVH%RRNFRPSO\LQJZLWKWKH
UXOHVLVYHU\HDV\<RXPD\XVHWKLVH%RRNIRUQHDUO\DQ\SXUSRVH
VXFKDVFUHDWLRQRIGHULYDWLYHZRUNVUHSRUWVSHUIRUPDQFHVDQG
UHVHDUFK7KH\PD\EHPRGLILHGDQGSULQWHGDQGJLYHQDZD\\RXPD\GR
SUDFWLFDOO\$1<7+,1*ZLWKSXEOLFGRPDLQH%RRNV5HGLVWULEXWLRQLV
VXEMHFWWRWKHWUDGHPDUNOLFHQVHHVSHFLDOO\FRPPHUFLDO
UHGLVWULEXWLRQ
67$57)8///,&(16(
7+()8//352-(&7*87(1%(5*/,&(16(
3/($6(5($'7+,6%()25(<28',675,%87(2586(7+,6:25.
7RSURWHFWWKH3URMHFW*XWHQEHUJWPPLVVLRQRISURPRWLQJWKHIUHH
GLVWULEXWLRQRIHOHFWURQLFZRUNVE\XVLQJRUGLVWULEXWLQJWKLVZRUN
RUDQ\RWKHUZRUNDVVRFLDWHGLQDQ\ZD\ZLWKWKHSKUDVH3URMHFW
*XWHQEHUJ\RXDJUHHWRFRPSO\ZLWKDOOWKHWHUPVRIWKH)XOO3URMHFW
*XWHQEHUJWP/LFHQVHDYDLODEOHZLWKWKLVILOHRURQOLQHDW
KWWSJXWHQEHUJRUJOLFHQVH
6HFWLRQ*HQHUDO7HUPVRI8VHDQG5HGLVWULEXWLQJ3URMHFW*XWHQEHUJWP
HOHFWURQLFZRUNV
$%\UHDGLQJRUXVLQJDQ\SDUWRIWKLV3URMHFW*XWHQEHUJWP
HOHFWURQLFZRUN\RXLQGLFDWHWKDW\RXKDYHUHDGXQGHUVWDQGDJUHHWR
DQGDFFHSWDOOWKHWHUPVRIWKLVOLFHQVHDQGLQWHOOHFWXDOSURSHUW\
WUDGHPDUNFRS\ULJKWDJUHHPHQW,I\RXGRQRWDJUHHWRDELGHE\DOO
WKHWHUPVRIWKLVDJUHHPHQW\RXPXVWFHDVHXVLQJDQGUHWXUQRUGHVWUR\
DOOFRSLHVRI3URMHFW*XWHQEHUJWPHOHFWURQLFZRUNVLQ\RXUSRVVHVVLRQ
,I\RXSDLGDIHHIRUREWDLQLQJDFRS\RIRUDFFHVVWRD3URMHFW
*XWHQEHUJWPHOHFWURQLFZRUNDQG\RXGRQRWDJUHHWREHERXQGE\WKH
WHUPVRIWKLVDJUHHPHQW\RXPD\REWDLQDUHIXQGIURPWKHSHUVRQRU
HQWLW\WRZKRP\RXSDLGWKHIHHDVVHWIRUWKLQSDUDJUDSK(
%3URMHFW*XWHQEHUJLVDUHJLVWHUHGWUDGHPDUN,WPD\RQO\EH
XVHGRQRUDVVRFLDWHGLQDQ\ZD\ZLWKDQHOHFWURQLFZRUNE\SHRSOHZKR
DJUHHWREHERXQGE\WKHWHUPVRIWKLVDJUHHPHQW7KHUHDUHDIHZ
WKLQJVWKDW\RXFDQGRZLWKPRVW3URMHFW*XWHQEHUJWPHOHFWURQLFZRUNV
HYHQZLWKRXWFRPSO\LQJZLWKWKHIXOOWHUPVRIWKLVDJUHHPHQW6HH
SDUDJUDSK&EHORZ7KHUHDUHDORWRIWKLQJV\RXFDQGRZLWK3URMHFW
*XWHQEHUJWPHOHFWURQLFZRUNVLI\RXIROORZWKHWHUPVRIWKLVDJUHHPHQW
DQGKHOSSUHVHUYHIUHHIXWXUHDFFHVVWR3URMHFW*XWHQEHUJWPHOHFWURQLF
ZRUNV6HHSDUDJUDSK(EHORZ
&7KH3URMHFW*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQWKH)RXQGDWLRQ
RU3*/$)RZQVDFRPSLODWLRQFRS\ULJKWLQWKHFROOHFWLRQRI3URMHFW
*XWHQEHUJWPHOHFWURQLFZRUNV1HDUO\DOOWKHLQGLYLGXDOZRUNVLQWKH
FROOHFWLRQDUHLQWKHSXEOLFGRPDLQLQWKH8QLWHG6WDWHV,IDQ
LQGLYLGXDOZRUNLVLQWKHSXEOLFGRPDLQLQWKH8QLWHG6WDWHVDQG\RXDUH
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ORFDWHGLQWKH8QLWHG6WDWHVZHGRQRWFODLPDULJKWWRSUHYHQW\RXIURP
FRS\LQJGLVWULEXWLQJSHUIRUPLQJGLVSOD\LQJRUFUHDWLQJGHULYDWLYH
ZRUNVEDVHGRQWKHZRUNDVORQJDVDOOUHIHUHQFHVWR3URMHFW*XWHQEHUJ
DUHUHPRYHG2IFRXUVHZHKRSHWKDW\RXZLOOVXSSRUWWKH3URMHFW
*XWHQEHUJWPPLVVLRQRISURPRWLQJIUHHDFFHVVWRHOHFWURQLFZRUNVE\
IUHHO\VKDULQJ3URMHFW*XWHQEHUJWPZRUNVLQFRPSOLDQFHZLWKWKHWHUPVRI
WKLVDJUHHPHQWIRUNHHSLQJWKH3URMHFW*XWHQEHUJWPQDPHDVVRFLDWHGZLWK
WKHZRUN<RXFDQHDVLO\FRPSO\ZLWKWKHWHUPVRIWKLVDJUHHPHQWE\
NHHSLQJWKLVZRUNLQWKHVDPHIRUPDWZLWKLWVDWWDFKHGIXOO3URMHFW
*XWHQEHUJWP/LFHQVHZKHQ\RXVKDUHLWZLWKRXWFKDUJHZLWKRWKHUV
'7KHFRS\ULJKWODZVRIWKHSODFHZKHUH\RXDUHORFDWHGDOVRJRYHUQ
ZKDW\RXFDQGRZLWKWKLVZRUN&RS\ULJKWODZVLQPRVWFRXQWULHVDUHLQ
DFRQVWDQWVWDWHRIFKDQJH,I\RXDUHRXWVLGHWKH8QLWHG6WDWHVFKHFN
WKHODZVRI\RXUFRXQWU\LQDGGLWLRQWRWKHWHUPVRIWKLVDJUHHPHQW
EHIRUHGRZQORDGLQJFRS\LQJGLVSOD\LQJSHUIRUPLQJGLVWULEXWLQJRU
FUHDWLQJGHULYDWLYHZRUNVEDVHGRQWKLVZRUNRUDQ\RWKHU3URMHFW
*XWHQEHUJWPZRUN7KH)RXQGDWLRQPDNHVQRUHSUHVHQWDWLRQVFRQFHUQLQJ
WKHFRS\ULJKWVWDWXVRIDQ\ZRUNLQDQ\FRXQWU\RXWVLGHWKH8QLWHG
6WDWHV
(8QOHVV\RXKDYHUHPRYHGDOOUHIHUHQFHVWR3URMHFW*XWHQEHUJ
(7KHIROORZLQJVHQWHQFHZLWKDFWLYHOLQNVWRRURWKHULPPHGLDWH
DFFHVVWRWKHIXOO3URMHFW*XWHQEHUJWP/LFHQVHPXVWDSSHDUSURPLQHQWO\
ZKHQHYHUDQ\FRS\RID3URMHFW*XWHQEHUJWPZRUNDQ\ZRUNRQZKLFKWKH
SKUDVH3URMHFW*XWHQEHUJDSSHDUVRUZLWKZKLFKWKHSKUDVH3URMHFW
*XWHQEHUJLVDVVRFLDWHGLVDFFHVVHGGLVSOD\HGSHUIRUPHGYLHZHG
FRSLHGRUGLVWULEXWHG
7KLVH%RRNLVIRUWKHXVHRIDQ\RQHDQ\ZKHUHDWQRFRVWDQGZLWK
DOPRVWQRUHVWULFWLRQVZKDWVRHYHU<RXPD\FRS\LWJLYHLWDZD\RU
UHXVHLWXQGHUWKHWHUPVRIWKH3URMHFW*XWHQEHUJ/LFHQVHLQFOXGHG
ZLWKWKLVH%RRNRURQOLQHDWZZZJXWHQEHUJRUJ
(,IDQLQGLYLGXDO3URMHFW*XWHQEHUJWPHOHFWURQLFZRUNLVGHULYHG
IURPWKHSXEOLFGRPDLQGRHVQRWFRQWDLQDQRWLFHLQGLFDWLQJWKDWLWLV
SRVWHGZLWKSHUPLVVLRQRIWKHFRS\ULJKWKROGHUWKHZRUNFDQEHFRSLHG
DQGGLVWULEXWHGWRDQ\RQHLQWKH8QLWHG6WDWHVZLWKRXWSD\LQJDQ\IHHV
RUFKDUJHV,I\RXDUHUHGLVWULEXWLQJRUSURYLGLQJDFFHVVWRDZRUN
ZLWKWKHSKUDVH3URMHFW*XWHQEHUJDVVRFLDWHGZLWKRUDSSHDULQJRQWKH
ZRUN\RXPXVWFRPSO\HLWKHUZLWKWKHUHTXLUHPHQWVRISDUDJUDSKV(
WKURXJK(RUREWDLQSHUPLVVLRQIRUWKHXVHRIWKHZRUNDQGWKH
3URMHFW*XWHQEHUJWPWUDGHPDUNDVVHWIRUWKLQSDUDJUDSKV(RU
(
(,IDQLQGLYLGXDO3URMHFW*XWHQEHUJWPHOHFWURQLFZRUNLVSRVWHG
ZLWKWKHSHUPLVVLRQRIWKHFRS\ULJKWKROGHU\RXUXVHDQGGLVWULEXWLRQ
PXVWFRPSO\ZLWKERWKSDUDJUDSKV(WKURXJK(DQGDQ\DGGLWLRQDO
WHUPVLPSRVHGE\WKHFRS\ULJKWKROGHU$GGLWLRQDOWHUPVZLOOEHOLQNHG
WRWKH3URMHFW*XWHQEHUJWP/LFHQVHIRUDOOZRUNVSRVWHGZLWKWKH
SHUPLVVLRQRIWKHFRS\ULJKWKROGHUIRXQGDWWKHEHJLQQLQJRIWKLVZRUN
('RQRWXQOLQNRUGHWDFKRUUHPRYHWKHIXOO3URMHFW*XWHQEHUJWP
/LFHQVHWHUPVIURPWKLVZRUNRUDQ\ILOHVFRQWDLQLQJDSDUWRIWKLV
ZRUNRUDQ\RWKHUZRUNDVVRFLDWHGZLWK3URMHFW*XWHQEHUJWP
('RQRWFRS\GLVSOD\SHUIRUPGLVWULEXWHRUUHGLVWULEXWHWKLV
HOHFWURQLFZRUNRUDQ\SDUWRIWKLVHOHFWURQLFZRUNZLWKRXW
SURPLQHQWO\GLVSOD\LQJWKHVHQWHQFHVHWIRUWKLQSDUDJUDSK(ZLWK
DFWLYHOLQNVRULPPHGLDWHDFFHVVWRWKHIXOOWHUPVRIWKH3URMHFW
*XWHQEHUJWP/LFHQVH
(<RXPD\FRQYHUWWRDQGGLVWULEXWHWKLVZRUNLQDQ\ELQDU\
FRPSUHVVHGPDUNHGXSQRQSURSULHWDU\RUSURSULHWDU\IRUPLQFOXGLQJDQ\
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ZRUGSURFHVVLQJRUK\SHUWH[WIRUP+RZHYHULI\RXSURYLGHDFFHVVWRRU
GLVWULEXWHFRSLHVRID3URMHFW*XWHQEHUJWPZRUNLQDIRUPDWRWKHUWKDQ
3ODLQ9DQLOOD$6&,,RURWKHUIRUPDWXVHGLQWKHRIILFLDOYHUVLRQ
SRVWHGRQWKHRIILFLDO3URMHFW*XWHQEHUJWPZHEVLWHZZZJXWHQEHUJRUJ
\RXPXVWDWQRDGGLWLRQDOFRVWIHHRUH[SHQVHWRWKHXVHUSURYLGHD
FRS\DPHDQVRIH[SRUWLQJDFRS\RUDPHDQVRIREWDLQLQJDFRS\XSRQ
UHTXHVWRIWKHZRUNLQLWVRULJLQDO3ODLQ9DQLOOD$6&,,RURWKHU
IRUP$Q\DOWHUQDWHIRUPDWPXVWLQFOXGHWKHIXOO3URMHFW*XWHQEHUJWP
/LFHQVHDVVSHFLILHGLQSDUDJUDSK(
('RQRWFKDUJHDIHHIRUDFFHVVWRYLHZLQJGLVSOD\LQJ
SHUIRUPLQJFRS\LQJRUGLVWULEXWLQJDQ\3URMHFW*XWHQEHUJWPZRUNV
XQOHVV\RXFRPSO\ZLWKSDUDJUDSK(RU(
(<RXPD\FKDUJHDUHDVRQDEOHIHHIRUFRSLHVRIRUSURYLGLQJ
DFFHVVWRRUGLVWULEXWLQJ3URMHFW*XWHQEHUJWPHOHFWURQLFZRUNVSURYLGHG
WKDW
<RXSD\DUR\DOW\IHHRIRIWKHJURVVSURILWV\RXGHULYHIURP
WKHXVHRI3URMHFW*XWHQEHUJWPZRUNVFDOFXODWHGXVLQJWKHPHWKRG
\RXDOUHDG\XVHWRFDOFXODWH\RXUDSSOLFDEOHWD[HV7KHIHHLV
RZHGWRWKHRZQHURIWKH3URMHFW*XWHQEHUJWPWUDGHPDUNEXWKH
KDVDJUHHGWRGRQDWHUR\DOWLHVXQGHUWKLVSDUDJUDSKWRWKH
3URMHFW*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQ5R\DOW\SD\PHQWV
PXVWEHSDLGZLWKLQGD\VIROORZLQJHDFKGDWHRQZKLFK\RX
SUHSDUHRUDUHOHJDOO\UHTXLUHGWRSUHSDUH\RXUSHULRGLFWD[
UHWXUQV5R\DOW\SD\PHQWVVKRXOGEHFOHDUO\PDUNHGDVVXFKDQG
VHQWWRWKH3URMHFW*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQDWWKH
DGGUHVVVSHFLILHGLQ6HFWLRQ,QIRUPDWLRQDERXWGRQDWLRQVWR
WKH3URMHFW*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQ
<RXSURYLGHDIXOOUHIXQGRIDQ\PRQH\SDLGE\DXVHUZKRQRWLILHV
\RXLQZULWLQJRUE\HPDLOZLWKLQGD\VRIUHFHLSWWKDWVKH
GRHVQRWDJUHHWRWKHWHUPVRIWKHIXOO3URMHFW*XWHQEHUJWP
/LFHQVH<RXPXVWUHTXLUHVXFKDXVHUWRUHWXUQRU
GHVWUR\DOOFRSLHVRIWKHZRUNVSRVVHVVHGLQDSK\VLFDOPHGLXP
DQGGLVFRQWLQXHDOOXVHRIDQGDOODFFHVVWRRWKHUFRSLHVRI
3URMHFW*XWHQEHUJWPZRUNV
<RXSURYLGHLQDFFRUGDQFHZLWKSDUDJUDSK)DIXOOUHIXQGRIDQ\
PRQH\SDLGIRUDZRUNRUDUHSODFHPHQWFRS\LIDGHIHFWLQWKH
HOHFWURQLFZRUNLVGLVFRYHUHGDQGUHSRUWHGWR\RXZLWKLQGD\V
RIUHFHLSWRIWKHZRUN
<RXFRPSO\ZLWKDOORWKHUWHUPVRIWKLVDJUHHPHQWIRUIUHH
GLVWULEXWLRQRI3URMHFW*XWHQEHUJWPZRUNV
(,I\RXZLVKWRFKDUJHDIHHRUGLVWULEXWHD3URMHFW*XWHQEHUJWP
HOHFWURQLFZRUNRUJURXSRIZRUNVRQGLIIHUHQWWHUPVWKDQDUHVHW
IRUWKLQWKLVDJUHHPHQW\RXPXVWREWDLQSHUPLVVLRQLQZULWLQJIURP
ERWKWKH3URMHFW*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQDQG0LFKDHO
+DUWWKHRZQHURIWKH3URMHFW*XWHQEHUJWPWUDGHPDUN&RQWDFWWKH
)RXQGDWLRQDVVHWIRUWKLQ6HFWLRQEHORZ
)
)3URMHFW*XWHQEHUJYROXQWHHUVDQGHPSOR\HHVH[SHQGFRQVLGHUDEOH
HIIRUWWRLGHQWLI\GRFRS\ULJKWUHVHDUFKRQWUDQVFULEHDQGSURRIUHDG
SXEOLFGRPDLQZRUNVLQFUHDWLQJWKH3URMHFW*XWHQEHUJWP
FROOHFWLRQ'HVSLWHWKHVHHIIRUWV3URMHFW*XWHQEHUJWPHOHFWURQLF
ZRUNVDQGWKHPHGLXPRQZKLFKWKH\PD\EHVWRUHGPD\FRQWDLQ
'HIHFWVVXFKDVEXWQRWOLPLWHGWRLQFRPSOHWHLQDFFXUDWHRU
FRUUXSWGDWDWUDQVFULSWLRQHUURUVDFRS\ULJKWRURWKHULQWHOOHFWXDO
SURSHUW\LQIULQJHPHQWDGHIHFWLYHRUGDPDJHGGLVNRURWKHUPHGLXPD
FRPSXWHUYLUXVRUFRPSXWHUFRGHVWKDWGDPDJHRUFDQQRWEHUHDGE\
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
\RXUHTXLSPHQW
)/,0,7(':$55$17<',6&/$,0(52)'$0$*(6([FHSWIRUWKH5LJKW
RI5HSODFHPHQWRU5HIXQGGHVFULEHGLQSDUDJUDSK)WKH3URMHFW
*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQWKHRZQHURIWKH3URMHFW
*XWHQEHUJWPWUDGHPDUNDQGDQ\RWKHUSDUW\GLVWULEXWLQJD3URMHFW
*XWHQEHUJWPHOHFWURQLFZRUNXQGHUWKLVDJUHHPHQWGLVFODLPDOO
OLDELOLW\WR\RXIRUGDPDJHVFRVWVDQGH[SHQVHVLQFOXGLQJOHJDO
IHHV<28$*5((7+$7<28+$9(125(0(',(6)251(*/,*(1&(675,&7
/,$%,/,7<%5($&+2):$55$17<25%5($&+2)&2175$&7(;&(377+26(
3529,'(',13$5$*5$3+)<28$*5((7+$77+()281'$7,217+(
75$'(0$5.2:1(5$1'$1<',675,%872581'(57+,6$*5((0(17:,//127%(
/,$%/(72<28)25$&78$/',5(&7,1',5(&7&216(48(17,$/381,7,9(25
,1&,'(17$/'$0$*(6(9(1,)<28*,9(127,&(2)7+(3266,%,/,7<2)68&+
'$0$*(
)/,0,7('5,*+72)5(3/$&(0(17255()81',I\RXGLVFRYHUD
GHIHFWLQWKLVHOHFWURQLFZRUNZLWKLQGD\VRIUHFHLYLQJLW\RXFDQ
UHFHLYHDUHIXQGRIWKHPRQH\LIDQ\\RXSDLGIRULWE\VHQGLQJD
ZULWWHQH[SODQDWLRQWRWKHSHUVRQ\RXUHFHLYHGWKHZRUNIURP,I\RX
UHFHLYHGWKHZRUNRQDSK\VLFDOPHGLXP\RXPXVWUHWXUQWKHPHGLXPZLWK
\RXUZULWWHQH[SODQDWLRQ7KHSHUVRQRUHQWLW\WKDWSURYLGHG\RXZLWK
WKHGHIHFWLYHZRUNPD\HOHFWWRSURYLGHDUHSODFHPHQWFRS\LQOLHXRID
UHIXQG,I\RXUHFHLYHGWKHZRUNHOHFWURQLFDOO\WKHSHUVRQRUHQWLW\
SURYLGLQJLWWR\RXPD\FKRRVHWRJLYH\RXDVHFRQGRSSRUWXQLW\WR
UHFHLYHWKHZRUNHOHFWURQLFDOO\LQOLHXRIDUHIXQG,IWKHVHFRQGFRS\
LVDOVRGHIHFWLYH\RXPD\GHPDQGDUHIXQGLQZULWLQJZLWKRXWIXUWKHU
RSSRUWXQLWLHVWRIL[WKHSUREOHP
)([FHSWIRUWKHOLPLWHGULJKWRIUHSODFHPHQWRUUHIXQGVHWIRUWK
LQSDUDJUDSK)WKLVZRUNLVSURYLGHGWR\RX
$6,6
:,7+1227+(5
:$55$17,(62)$1<.,1'(;35(6625,03/,(',1&/8',1*%87127/,0,7('72
:$55$17,(62)0(5&+$17,%,/,7<25),71(66)25$1<385326(
)6RPHVWDWHVGRQRWDOORZGLVFODLPHUVRIFHUWDLQLPSOLHG
ZDUUDQWLHVRUWKHH[FOXVLRQRUOLPLWDWLRQRIFHUWDLQW\SHVRIGDPDJHV
,IDQ\GLVFODLPHURUOLPLWDWLRQVHWIRUWKLQWKLVDJUHHPHQWYLRODWHVWKH
ODZRIWKHVWDWHDSSOLFDEOHWRWKLVDJUHHPHQWWKHDJUHHPHQWVKDOOEH
LQWHUSUHWHGWRPDNHWKHPD[LPXPGLVFODLPHURUOLPLWDWLRQSHUPLWWHGE\
WKHDSSOLFDEOHVWDWHODZ7KHLQYDOLGLW\RUXQHQIRUFHDELOLW\RIDQ\
SURYLVLRQRIWKLVDJUHHPHQWVKDOOQRWYRLGWKHUHPDLQLQJSURYLVLRQV
),1'(01,7<<RXDJUHHWRLQGHPQLI\DQGKROGWKH)RXQGDWLRQWKH
WUDGHPDUNRZQHUDQ\DJHQWRUHPSOR\HHRIWKH)RXQGDWLRQDQ\RQH
SURYLGLQJFRSLHVRI3URMHFW*XWHQEHUJWPHOHFWURQLFZRUNVLQDFFRUGDQFH
ZLWKWKLVDJUHHPHQWDQGDQ\YROXQWHHUVDVVRFLDWHGZLWKWKHSURGXFWLRQ
SURPRWLRQDQGGLVWULEXWLRQRI3URMHFW*XWHQEHUJWPHOHFWURQLFZRUNV
KDUPOHVVIURPDOOOLDELOLW\FRVWVDQGH[SHQVHVLQFOXGLQJOHJDOIHHV
WKDWDULVHGLUHFWO\RULQGLUHFWO\IURPDQ\RIWKHIROORZLQJZKLFK\RXGR
RUFDXVHWRRFFXUDGLVWULEXWLRQRIWKLVRUDQ\3URMHFW*XWHQEHUJWP
ZRUNEDOWHUDWLRQPRGLILFDWLRQRUDGGLWLRQVRUGHOHWLRQVWRDQ\
3URMHFW*XWHQEHUJWPZRUNDQGFDQ\'HIHFW\RXFDXVH
6HFWLRQ,QIRUPDWLRQDERXWWKH0LVVLRQRI3URMHFW*XWHQEHUJWP
3URMHFW*XWHQEHUJWPLVV\QRQ\PRXVZLWKWKHIUHHGLVWULEXWLRQRI
HOHFWURQLFZRUNVLQIRUPDWVUHDGDEOHE\WKHZLGHVWYDULHW\RIFRPSXWHUV
LQFOXGLQJREVROHWHROGPLGGOHDJHGDQGQHZFRPSXWHUV,WH[LVWV
EHFDXVHRIWKHHIIRUWVRIKXQGUHGVRIYROXQWHHUVDQGGRQDWLRQVIURP
SHRSOHLQDOOZDONVRIOLIH
9ROXQWHHUVDQGILQDQFLDOVXSSRUWWRSURYLGHYROXQWHHUVZLWKWKH
DVVLVWDQFHWKH\QHHGLVFULWLFDOWRUHDFKLQJ3URMHFW*XWHQEHUJWP
V
JRDOVDQGHQVXULQJWKDWWKH3URMHFW*XWHQEHUJWPFROOHFWLRQZLOO
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
UHPDLQIUHHO\DYDLODEOHIRUJHQHUDWLRQVWRFRPH,QWKH3URMHFW
*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQZDVFUHDWHGWRSURYLGHDVHFXUH
DQGSHUPDQHQWIXWXUHIRU3URMHFW*XWHQEHUJWPDQGIXWXUHJHQHUDWLRQV
7ROHDUQPRUHDERXWWKH3URMHFW*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQ
DQGKRZ\RXUHIIRUWVDQGGRQDWLRQVFDQKHOSVHH6HFWLRQVDQG
DQGWKH)RXQGDWLRQZHESDJHDWKWWSZZZSJODIRUJ
6HFWLRQ,QIRUPDWLRQDERXWWKH3URMHFW*XWHQEHUJ/LWHUDU\$UFKLYH
)RXQGDWLRQ
7KH3URMHFW*XWHQEHUJ/LWHUDU\$UFKLYH)RXQGDWLRQLVDQRQSURILW
FHGXFDWLRQDOFRUSRUDWLRQRUJDQL]HGXQGHUWKHODZVRIWKH
VWDWHRI0LVVLVVLSSLDQGJUDQWHGWD[H[HPSWVWDWXVE\WKH,QWHUQDO
5HYHQXH6HUYLFH7KH)RXQGDWLRQ
V(,1RUIHGHUDOWD[LGHQWLILFDWLRQ
QXPEHULV,WVFOHWWHULVSRVWHGDW
KWWSSJODIRUJIXQGUDLVLQJ&RQWULEXWLRQVWRWKH3URMHFW*XWHQEHUJ
/LWHUDU\$UFKLYH)RXQGDWLRQDUHWD[GHGXFWLEOHWRWKHIXOOH[WHQW
SHUPLWWHGE\86IHGHUDOODZVDQG\RXUVWDWH
VODZV
7KH)RXQGDWLRQ
VSULQFLSDORIILFHLVORFDWHGDW0HODQ'U6
)DLUEDQNV$.EXWLWVYROXQWHHUVDQGHPSOR\HHVDUHVFDWWHUHG
WKURXJKRXWQXPHURXVORFDWLRQV,WVEXVLQHVVRIILFHLVORFDWHGDW
1RUWK:HVW6DOW/DNH&LW\87HPDLO
EXVLQHVV#SJODIRUJ(PDLOFRQWDFWOLQNVDQGXSWRGDWHFRQWDFW
LQIRUPDWLRQFDQEHIRXQGDWWKH)RXQGDWLRQ
VZHEVLWHDQGRIILFLDO
SDJHDWKWWSSJODIRUJ
)RUDGGLWLRQDOFRQWDFWLQIRUPDWLRQ
'U*UHJRU\%1HZE\
&KLHI([HFXWLYHDQG'LUHFWRU
JEQHZE\#SJODIRUJ
6HFWLRQ,QIRUPDWLRQDERXW'RQDWLRQVWRWKH3URMHFW*XWHQEHUJ
/LWHUDU\$UFKLYH)RXQGDWLRQ
3URMHFW*XWHQEHUJWPGHSHQGVXSRQDQGFDQQRWVXUYLYHZLWKRXWZLGH
VSUHDGSXEOLFVXSSRUWDQGGRQDWLRQVWRFDUU\RXWLWVPLVVLRQRI
LQFUHDVLQJWKHQXPEHURISXEOLFGRPDLQDQGOLFHQVHGZRUNVWKDWFDQEH
IUHHO\GLVWULEXWHGLQPDFKLQHUHDGDEOHIRUPDFFHVVLEOHE\WKHZLGHVW
DUUD\RIHTXLSPHQWLQFOXGLQJRXWGDWHGHTXLSPHQW0DQ\VPDOOGRQDWLRQV
WRDUHSDUWLFXODUO\LPSRUWDQWWRPDLQWDLQLQJWD[H[HPSW
VWDWXVZLWKWKH,56
7KH)RXQGDWLRQLVFRPPLWWHGWRFRPSO\LQJZLWKWKHODZVUHJXODWLQJ
FKDULWLHVDQGFKDULWDEOHGRQDWLRQVLQDOOVWDWHVRIWKH8QLWHG
6WDWHV&RPSOLDQFHUHTXLUHPHQWVDUHQRWXQLIRUPDQGLWWDNHVD
FRQVLGHUDEOHHIIRUWPXFKSDSHUZRUNDQGPDQ\IHHVWRPHHWDQGNHHSXS
ZLWKWKHVHUHTXLUHPHQWV:HGRQRWVROLFLWGRQDWLRQVLQORFDWLRQV
ZKHUHZHKDYHQRWUHFHLYHGZULWWHQFRQILUPDWLRQRIFRPSOLDQFH7R
6(1''21$7,216RUGHWHUPLQHWKHVWDWXVRIFRPSOLDQFHIRUDQ\
SDUWLFXODUVWDWHYLVLWKWWSSJODIRUJ
:KLOHZHFDQQRWDQGGRQRWVROLFLWFRQWULEXWLRQVIURPVWDWHVZKHUHZH
KDYHQRWPHWWKHVROLFLWDWLRQUHTXLUHPHQWVZHNQRZRIQRSURKLELWLRQ
DJDLQVWDFFHSWLQJXQVROLFLWHGGRQDWLRQVIURPGRQRUVLQVXFKVWDWHVZKR
DSSURDFKXVZLWKRIIHUVWRGRQDWH
,QWHUQDWLRQDOGRQDWLRQVDUHJUDWHIXOO\DFFHSWHGEXWZHFDQQRWPDNH
DQ\VWDWHPHQWVFRQFHUQLQJWD[WUHDWPHQWRIGRQDWLRQVUHFHLYHGIURP
RXWVLGHWKH8QLWHG6WDWHV86ODZVDORQHVZDPSRXUVPDOOVWDII
3OHDVHFKHFNWKH3URMHFW*XWHQEHUJ:HESDJHVIRUFXUUHQWGRQDWLRQ
PHWKRGVDQGDGGUHVVHV'RQDWLRQVDUHDFFHSWHGLQDQXPEHURIRWKHU
ZZZJXWHQEHUJRUJILOHVKKKWP
7KH&DOORIWKH:LOGE\-DFN/RQGRQ
ZD\VLQFOXGLQJFKHFNVRQOLQHSD\PHQWVDQGFUHGLWFDUGGRQDWLRQV
7RGRQDWHSOHDVHYLVLWKWWSSJODIRUJGRQDWH
6HFWLRQ*HQHUDO,QIRUPDWLRQ$ERXW3URMHFW*XWHQEHUJWPHOHFWURQLF
ZRUNV
3URIHVVRU0LFKDHO6+DUWLVWKHRULJLQDWRURIWKH3URMHFW*XWHQEHUJWP
FRQFHSWRIDOLEUDU\RIHOHFWURQLFZRUNVWKDWFRXOGEHIUHHO\VKDUHG
ZLWKDQ\RQH)RUWKLUW\\HDUVKHSURGXFHGDQGGLVWULEXWHG3URMHFW
*XWHQEHUJWPH%RRNVZLWKRQO\DORRVHQHWZRUNRIYROXQWHHUVXSSRUW
3URMHFW*XWHQEHUJWPH%RRNVDUHRIWHQFUHDWHGIURPVHYHUDOSULQWHG
HGLWLRQVDOORIZKLFKDUHFRQILUPHGDV3XEOLF'RPDLQLQWKH86
XQOHVVDFRS\ULJKWQRWLFHLVLQFOXGHG7KXVZHGRQRWQHFHVVDULO\
NHHSH%RRNVLQFRPSOLDQFHZLWKDQ\SDUWLFXODUSDSHUHGLWLRQ
0RVWSHRSOHVWDUWDWRXU:HEVLWHZKLFKKDVWKHPDLQ3*VHDUFKIDFLOLW\
KWWSZZZJXWHQEHUJRUJ
7KLV:HEVLWHLQFOXGHVLQIRUPDWLRQDERXW3URMHFW*XWHQEHUJWP
LQFOXGLQJKRZWRPDNHGRQDWLRQVWRWKH3URMHFW*XWHQEHUJ/LWHUDU\
$UFKLYH)RXQGDWLRQKRZWRKHOSSURGXFHRXUQHZH%RRNVDQGKRZWR
VXEVFULEHWRRXUHPDLOQHZVOHWWHUWRKHDUDERXWQHZH%RRNV
ZZZJXWHQEHUJRUJILOHVKKKWP