sou · GRB388d1 · 2004-01-01 00:00:00 — 'HQ VWDWOLJD DVVLVWDQVHUVlWWQLQJHQ UHJOHUDV L ODJHQ RP DVVLVWDQVHUVlWWQLQJ /$VVLVWDQVHUVlWWQLQJHQ lU HWW ELGUDJ LQRP VRFLDOI|UVlNULQJHQ I|U DWW EHNRVWD SHUVRQOLJ DVVLVWDQV HQOLJW /66 0HG SHUVRQOLJ DVVLVWDQV PHQDV HWW SHUVRQOLJW XWIRUPDW VW|G 'HQ VRP EHYLOMDV DVVLVWDQVHUVlWWQLQJ KDU HWW P\FNHW VWRUW LQIO\ WDQGH |YHU YHP HOOHU YLOND VRP VNDOO JH GHQ SHUVRQOLJD DVVLVWDQVHQ QlU GHQ VNDOO OlPQDV RFK YHP VRP VNDOO KD DUEHWVJLYDUDQVYDUHW I|U DVVLVWHQWHQ (QOLJW /KDQGOlJJV IUnJRU RP DVVLVWDQVHUVlWWQLQJ DY 5LNVI|UVlNULQJVYHUNHW RFK GH DOOPlQQD I|UVlNULQJVNDVVRUQD (Q I|UXWVlWWQLQJ I|U DWW HUKnOOD DVVLVWDQVHUVlWWQLQJ lU DWW SHUVRQHQ L IUnJD EHG|PV WLOOK|UD SHUVRQNUHWVHQ L /66 RFK KDU EHKRY DY I|U VLQD JUXQGOlJJDQGH EHKRY L GHQ GDJOLJD OLYV I|ULQJHQ XQGHU L JHQRPVQLWW PHU lQ WLPPDU L YHFNDQ .RP PXQHUQD KDU NRVWQDGVDQVYDUHW I|U GH I|UVWD WLPPDUQD SHUVRQOLJ DVVLVWDQV VWDWHQ KDU NRVWQDGVDQVYDUHW I|U GH |YHUVNMXWDQGH WLPPDUQD +XYXGPDQQDVNDSVI|UlQGULQJ RFK HNRQRPLVN UHJOHULQJ , RFK PHG LQI|UDQGHW DY /66 |YHUI|UGHV KXYXGPDQQDVNDSHW I|U RPVRUJHQ RP SV\NLVNW XWYHFNOLQJVVW|UGD IUnQ ODQGVWLQJHQ WLOO NRPPXQHUQD 2PVRUJHQ RP SV\NLVNW XWYHFNOLQJVVW|UGD RPIDWWDGH LQVDWVHU I|U SHUVRQHU L SHUVRQNUHWVDUQD RFK HQOLJW /66 3HUVRQHU PHG I\VLVND RFK SV\NLVND IXQNWLRQVKLQGHU SHUVRQNUHWV L /66 RPIDWWDGHV DY VRFLDOWMlQVWODJHQ RFK ILFN ELVWnQGVLQVDWVHU I|U GHW VW|G RFK GHQ VHUYLFH GH KDGH EHKRY DY +XYXGPDQQDVNDSVI|UlQGULQJHQ I|U RPVRUJVYHUNVDPKHWHQ JHQRPI|UGHV VXFFHVVLYW XQGHU SHULRGHQ 'HQ HNRQR PLVND UHJOHULQJHQ VNHGGH JHQRP DWW ODQGVWLQJHW VlQNWH VNDWWHVDWVHQ RFK NRPPXQHUQD K|MGH VNDWWHVDWVHQ L PRWVYDUDQGH PnQ , VDPWOLJD OlQ KDU NRPPXQHUQD IXQQLW GHW |QVNYlUW DWW I|UV|ND XWMlPQD NRVW QDGVVNLOOQDGHUQD PHOODQ VLJ I|U GHQ |YHUWDJQD RPVRUJVYHUNVDP KHWHQ 'HWWD KDU JMRUWV JHQRP OlQVYLVD |YHUHQVNRPPHOVHU V N PHOODQNRPPXQDOD XWMlPQLQJVV\VWHP 8WMlPQLQJHQ InU HQGDVW DYVH NRVWQDGHU VRP IDQQV YLG KXYXGPDQQDVNLIWHW YLONHW DOOWVn LQQHElU NRVWQDGHU I|U SHUVRQHU VRP WLOOK|UGH SHUVRQNUHWVDUQD RFK 'HQ OlQVYLVD |VWV VlUVNLOW L YDUMH OlQ I|U VLJ YLONHW UHVXOWHUDW L DWW GHW ILQQV IOHUD ROLND W\I|U XWMlPQLQJ PHOODQ NRPPXQHU PHG ROLND YDUDNWLJKHWVWLGHU , PnQJD OlQVYLVD \VWHP ILQQV GHW NODXVXOHU VRP LQQH ElU DWW GHQ OlQVYLVD |UD HOOHU RPI|UKDQGODV L GHW IDOO HWW QDWLRQHOOW XWMlPQLQJVV\VWHP LQI|UV 8QGHU nUHQ KDU WYn VWDWVELGUDJ Sn VDPPDQODJW PLOMRQHU NURQRU XWJnWW WLOO NRPPXQHU VRP NRPSHQVDWLRQ I|U K|JD NRVWQDGHU DYVHHQGH YHUNVDPKHW HQOLJW /66 'HVVD HWW QDWLRQHOOW V\VWHP I|U XWMlPQLQJ DY NRVWQDGHU I|U YHUNVDPKHW HQOLJW /66 VNDOO LQI|UDV .RVWQDGHQ I|U LQVDWVHU HQOLJW /66 RFK / 1lUPDUH SHUVRQHU KDGH LQVDWVHU HQOLJW /66 'H YDQ OLJDVWH LQVDWVHUQD YDU GDJOLJ YHUNVDPKHW RFK ERVWDG PHG VlUVNLOG VHUYLFH I|U YX[QD $QWDO SHUVRQHU VRP KDGH DVVLVWDQVHUVlWWQLQJ XSSJLFN WLOO GU\JW SHUVRQHU 'HQ WRWDOD QHWWRNRVWQDGHQ I|U YHUNVDPKHW HQOLJW /66 KDU |NDW PHG GU\JW WLR SURFHQW nU RFK XSSJLFN WLOO PLOMDUGHU NURQRU 6WDWHQV QHWWRNRVWQDG I|U SHUVRQOLJ DVVLVWDQV KDU |NDW IUnQ PLOMDUGHU NURQRU WLOO PLOMDUGHU NURQRU HOOHU PHG FLUND SURFHQW nU .RVWQDGHQ I|U DVVLVWDQVHUVlWWQLQJHQ ILQDQVLHUDV PHG FLUND PLOMDUGHU NURQRU DY VWDWHQ RFK PHG FLUNDPLOMDUGHU NURQRU IUnQ NRPPXQVHNWRUQ 'HW UnGHU HQ VWRU NRVW QDGVVSULGQLQJ PHOODQ NRPPXQHUQD I|U YHUNVDPKHW HQOLJW /66 cU YDULHUDGH NRPPXQHUQDV NRVWQDGHU I|U YHUNVDPKHWHQ IUnQ FLUND NURQRU WLOO FLUND NURQRU .RVWQDGVVNLOO QDGHUQD PHOODQ NRPPXQHUQD NDQ WLOO YLVV GHO I|UNODUDV DY DWW GHW ILQQV HQ NRQFHQWUDWLRQ DY SHUVRQHU PHG IXQNWLRQVKLQGHU L YLVVD |OMG DY ODQGVWLQJHQV WLGLJDUH ORNDOLVHULQJ DY YnUGKHP RFK DQQDQ YHUNVDPKHW 'HVVD UHVXUVFHQWUD I|U SHUVRQHU PHG IXQNWLRQVKLQGHU %ODQG DQQDW XWE\JJQDGHQ DY JUXSSERVWlGHU L KHPNRPPXQHUQD KDU GlUPHG LQWH VNHWW L GHQ WDNW VRP I|UXWVDWWHV )|U HQVNLOG YHUNVDPKHW VRP XSSI\OOHU GH NUDY VRP XSSVWlOOV L /66 UnGHU GHVVXWRP IUL HWDEOH ULQJVUlWW 'HW LQQHElU DWW HQ YHUNVDPKHW HQOLJW /66 VRP ULNWDU VLJ WLOO HWW VW|UUH XSSWDJQLQJVRPUnGH lQ GHQ HJQD NRPPXQHQ NDQ HWDEOHUD VLJ L HQ NRPPXQ XWDQ DWW NRPPXQHQ NDQ SnYHUND HWDEOH ULQJHQ 1DWLRQHOO XWMlPQLQJ DY NRVWQDGHU I|U YHUNVDPKHW HQOLJW /66 (WW IOHUWDO XWUHGQLQJDU KDU KDIW XSSGUDJHW DWW XWUHGD IUnJDQ RP HQ QDWLRQHOO XWMlPQLQJ DY NRPPXQHUQDV NRVWQDGVVNLOOQDGHU I|U /66 YHUNVDPKHW 5HJHULQJHQ WLOONDOODGH L GHFHPEHU HQ SDUODPHQWDULVN NRP PLWWp PHG XSSJLIW DWW XWUHGD KXU XWMlPQLQJ VNDOO VNH I|U NRVWQDGV VNLOOQDGHU PHOODQ NRPPXQHU DYVHHQGH YHUNVDPKHW HQOLJW /66 .RPPLWWpQ OlPQDGH L QRYHPEHU VLWW VOXWEHWlQNDQGH 8W MlPQLQJ DY /66 NRVWQDGHU 628 6OXWEHWlQNDQGHW KDU UHPLVVEHKDQGODWV RFK 8WMlPQLQJVNRPPLWWpQ KDU DYOlPQDW HWW \WWUDQGH , HQ ODJUnGVUHPLVV 8WMlPQLQJ DY YLVVD |U VW|G RFK VHUYLFH WLOO IXQNWLRQVKLQGUDGH I|UHVOnU UHJHULQJHQ DWW HWW QDWLRQHOOW NRVWQDGVXWMlPQLQJVV\VWHP I|U YHUNVDPKHW HQOLJW /66 VNDOO LQI|UDV IUnQ RFK PHG GHQ PDUV 5HJHULQJHQV I|UVODJ |YHUHQVVWlP PHU L VWRU XWVWUlFNQLQJ PHG XWUHGQLQJHQV 6\VWHPHW VNDOO WLOOV YLGDUH YDUD VNLOW IUnQ GHW RUGLQDULH NRVWQDGVXWMlPQLQJVV\VWHPHW I|U NRPPXQHU RFK XWMlPQLQJHQ VNDOO VnOHGHV VNH VHSDUDW RFK LQWH LQJn L GHW RUGLQDULH LQNRPVW RFK NRVWQDGVXWMlPQLQJVV\VWHPHW 6NlOHW WLOO GHWWD lU DWW XQGHUODJHW I|U EHUlNQLQJHQ DY VWDQGDUGNRVWQDGHQ VNLOMHU VLJ IUnQ XQGHUODJHW L GHW RUGLQDULH NRVWQDGVXWMlPQLQJVV\VWHPHW , GHW RUGLQDULH XWMlPQLQJVV\VWHPHW XWJ|UV XQGHUODJHW DY IDNWRUHU VRP DQVHV XSSI\OOD NULWHULHW DWW YDUD RSnYHUNEDUD I|U GHQ HQVNLOGD NRPPXQHQ 8QGHUODJHW L NRVWQDGVXWMlPQLQJHQ I|U /66 XWJ|UV GlUHPRW DY EHVOXW RP LQVDWVHU VRP NRPPXQHUQD IDWWDW )|U YDUMH NRPPXQ VNDOO HQ VWDQGDUGNRVWQDG |U /66 YHUNVDPKHWHQ EHUlNQDV VRP VHGDQ MlPI|UV PHG GHQ JHQRP VQLWWOLJD VWDQGDUGNRVWQDGHQ ODQGHW $OO YHUNVDPKHW HQOLJW /66 PHG XQGDQWDJ DY LQVDWVHQ UnG RFK VW|G VRP HQ NRPPXQ KDU NRVWQDGHU I|U VDPW GHQ HUVlWWQLQJ NRPPXQHQ EHWDODU WLOO I|UVlNULQJVNDVVDQ HQOLJW /VNDOO RPIDWWDV DY NRVWQDGV XWMlPQLQJ , EHUlNQLQJDUQD PXOWLSOLFHUDV DQWDOHW YHUNVWlOOGD EHVOXW /66 PHG ULNHWV JHQRPVQLWWOLJD NRVWQDG I|U UHVSHNWLYH LQVDWV (Q NRPPXQ YDUV VWDQGDUGNRVWQDG |YHUVWLJHU GHQ I|U ODQGHW JHQRPVQLWWOLJD VWDQGDUGNRVWQDGHQ KD UlWW WLOO HWW ELGUDJ DY VWDWHQ VRP PRWVYDUDU PHOODQVNLOOQDGHQ PXOWLSOLFHUDG PHG DQWDOHW LQYnQDUH L NRPPXQHQ , DQQDW IDOO EHWDODU NRPPXQHQ HQ DYJLIW WLOO VWDWHQ %HUlNQLQJHQ DY ELGUDJHQ RFK DY JLIWHUQD J|UV Vn DWW V\VWHPHW lU VWDWVILQDQVLHOOW QHXWUDOW 8WMlPQLQJVV\VWHPHW LQI|UV VXFFHVVLYW IUnQ RFK PHG WLOO RFK PHG 5HJHULQJHQ I|UHVOnU DWW VlUVNLOGD LQI|UDQGHUHJOHU WLOOlP SDV XQGHU LQI|UDQGHWLGHQ JHQRP HQ Sn I|UKDQG EHVWlPG DYWDJDQGH UHGXFHULQJ DY VnYlO DYJLIWHUQD VRP ELGUDJHQ , VDPEDQG PHG DWW HWW QDWLRQHOOW XWMlPQLQJVV\VWHP LQI|UV I|UXW VlWWV DWW DYWDOHQ RP GH OlQVYLVD \VWH PHQ NRPPHU DWW XSSKlYDV )|UVODJHW LQQHElU DWW VWDWHQV XWJLIWHU VDQQROLNW NRPPHU DWW |ND |YHU WLGHQ HIWHUVRP ELGUDJHQ WLOO NRPPXQHUQD NRPPHU DWW EHODVWD VWDWVEXGJHWHQ 8WJLIWHUQD NRPPHU GRFN DWW NRPSHQVHUDV DY OLND VWRUD LQNRPVWHU YDUI|U GHQ VDPPDQODJGD HIIHNWHQ EOLU VWDWVILQDQ VLHOOW QHXWUDO 3V\NLVNW IXQNWLRQVKLQGUDGH *HQRP SV\NLDWULUHIRUPHQ |YHUWRJ NRPPXQHUQD IU R P DQVYDUHW I|U YnUG DY SV\NLVNW IXQNWLRQVKLQGUDGH 'HQ HNRQRPLVND UHJOHULQJHQ VNHGGH OlQVYLV JHQRP VNDWWHYl[OLQJDU PHOODQ ODQGV WLQJHW RFK NRPPXQHUQD 6NDWWHYl[OLQJVQLYnHUQD Sn OlQVQLYn YDULH UDU PHOODQ RFK |UH L XWGHELWHULQJ *HQRPVQLWWHW OLJJHU NULQJ HQ XWGHELWHULQJ NULQJ |UH 6HGDQ |YHUWDJDQGHW KDU VDQQROLNW NRVW QDGHUQD |NDW 8QGHUV|NQLQJDU SHNDU Sn DWW DQGHOHQ SV\NLVNW IXQNWLRQVKLQG UDGH L EHIRONQLQJHQ YDULHUDU RFK lU K|JUH L VWRUVWDGVRPUnGHQD lQ L DQGUD GHODU DY ODQGHW $Y SHUVRQHU PHG SV\NLVNW IXQNWLRQVKLQGHU LQJnU HQ GHO L /66 SHUVRQNUHWVDU $QGUD InU YnUG HQOLJW 6RFLDO WMlQVWODJHQ 6R/ HOOHU +lOVR RFK VMXNYnUGVODJHQ +6/ 1DWLRQHOO VWDWLVWLN Sn NRPPXQQLYn |YHU DQWDOHW SV\NLVNW IXQNWLRQVKLQGUDGH ILQQV HQGDVW I|U GH VRP KDU LQVDWVHU VRP JHV HQOLJW /66 .RPPXQHUQDV NRVWQDGHU I|U YnUG DY IXQNWLRQVKLQGUDGH UHGR YLVDV GlUI|U XQGHU ROLND YHUNVDPKHWVRPUnGHW LQRP EORFNHW 9nUG RFK RPVRUJ (Q GHO UHGRYLVDV VRP LQVDWVHU LQRP /66 YHUNVDPKHW PHGDQ DQGUD LQVDWVHU UHGRYLVDV VRP YnUG RFK RPVRUJ HQOLJW 6R/ RFK +6/ , YDULHUDQGH XWVWUlFNQLQJ UHGRYLVDV NRVWQDGHU XQGHU gYULJ YX[HQYnUG LQRP LQGLYLG RFK IDPLOMHRPVRUJ 6lWWHW DWW JH RFK UHGRYLVD |U PHOODQ NRPPXQHU OLNVRP Sn YLOND YHUNVDPKHWVRPUnGHQ VRP NRVWQDGHUQD UHGRYLVDV 5HGRYLV QLQJVSULQFLSHUQD YDULHUDU RFNVn PHOODQ ROLND NRPPXQHU 'HQ GHO DY LQVDWVHUQD VRP UHGRYLVDV VRP /66 YHUNVDPKHW NRP PHU IU R P DWW EHDNWDV L GHQ QDWLRQHOOD NRVWQDGVXWMlPQLQJHQ I|U /66 YHUNVDPKHW ,QRP QXYDUDQGH NRVWQDGVXWMlPQLQJ LQJnU HQ GHO DY NRVWQDGHUQD I|U SV\NLVNW IXQNWLRQVKLQGUDGH L GHOPRGHOOHQ I|U LQGLYLG RFK IDPLOMHRPVRUJ 'H IDNWRUHU VRP DQYlQGV L QX YDUDQGH GHOPRGHOO EHDNWDU VnOHGHV L YLVV PnQ NRVWQDGHUQD I|U SV\NLVNW IXQNWLRQVKLQGUDGH $YVDNQDGHQ DY QDWLRQHOO VWDWLVWLN Sn NRPPXQQLYn RP LQVDWVHU I|U SV\NLVNW IXQNWLRQVKLQGUDGH XW|YHU /66 LQVDWVHU RFK VYnULJKHWHUQD DWW In HQ VDPODG ELOG L GHQ NRP PXQDOD NRVWQDGVUHGRYLVQLQJHQ I|UVYnUDU I|UXWVlWWQLQJDUQD DWW QlU PDUH XWUHGD EHKRYHW DY HQ NRVWQDGVXWMlPQLQJ RFK KXU HQ VnGDQ NDQ XWIRUPDV 2P HQ XWMlPQLQJ I|U SV\NLVNW IXQNWLRQVKLQGUDGH VNDOO LQJn L QXYDUDQGH V\VWHP NDQ GHQ GRFN LQWH EDVHUDV Sn DY GHQ HQVNLOGD NRPPXQHQV EHVOXW RP YnUGLQVDWVHU .RPPLWWpQ DQVHU DWW GHW LQWH lU OlPSOLJW DWW LQI|UD HQ YHUN VDPKHW L NRVWQDGVXWMlPQLQJHQ GlU GHW LQWH ILQQV WLOOJnQJ WLOO HWW VWDWLVWLVNW XQGHUODJ VRP lU RSnYHUNEDUW RFK VRP Sn HWW WLOOIUHGV VWlOODQGH VlWW VSHJODU VWUXNWXUHOOD EHKRYV RFK NRVWQDGVVNLOOQDGHU