$OSKD$ODUP
M 1U
$OSKD$ODUP
YRQ+*)UDQFLV
$WODQ
$XI7HUUDGHQ:HOWHQGHV6RODUHQ,PSHULXPVX...
9 downloads
483 Views
618KB Size
Report
This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!
Report copyright / DMCA form
$OSKD$ODUP
M 1U
$OSKD$ODUP
YRQ+*)UDQFLV
$WODQ
$XI7HUUDGHQ:HOWHQGHV6RODUHQ,PSHULXPVXQGGHQ6WW]SXQNWHQGHU8QLWHG 6WDUV2UJDQLVDWLRQVFKUHLEWPDQ0LWWH-XOLGHV-DKUHV 'LHVHV -DKUKXQGHUW LVW HLQH =HLW LQ GHU GLH VRODUH 0HQVFKKHLW RGHU GLH 0HQVFKKHLW YRQ GHQ :HOWHQ GHU HUVWHQ 6LHGOXQJVZHOOH ZLHGHU QDFK GHQ 6WHUQHQ JUHLIW XQGVLFKZHLWHULP$OODXVEUHLWHW (VLVWHLQH=HLWGHUJURHQ(UIROJHXQGJURHQ/HLVWXQJHQ²HVLVWDEHUDXFKHLQH =HLWGHU*HIDKUHQXQGHLQH=HLWLQGHU5FNVFKOlJHQLFKWDXIVLFKZDUWHQODVVHQ (LQVROFKHU5FNVFKODJIUGLHVRODUH0HQVFKKHLWWUDWHLQDOV1DWKDQGLHOXQDUH %LRSRVLWURQLNVDERWLHUWZXUGHXQGIDOVFKH3URJUDPPHXQG'DWHQ]XOLHIHUQEHJDQQ ,Q]ZLVFKHQ NRQQWHQ GLH 6DERWHXUH JHVWHOOW XQG 1DWKDQV )HKOOHLVWXQJHQ ZLHGHU NRPSHQVLHUWZHUGHQ 'HU8UKHEHUGHUIROJHQVFKZHUHQ6DERWDJHDNWHEHILQGHWVLFKMHGRFKLPPHUQRFK DXI IUHLHP )X ,KQ ]X VWHOOHQ LVW 5RQDOG 7HNHQHUV XQG 6LQFODLU 0 .HQQRQV JHPHLQVDPH$XIJDEH 'LH EHLGHQ $VVH GHU 862 IOLHJHQ QDFK (UWUXV XP ZHLWHUH 5HFKHUFKHQ DQ]XVWHOOHQ²XQG/RUGDGPLUDO$WODQGHU862&KHIJLEW$/3+$$/$50 'LH+DXSWSHUVRQHQGHV5RPDQV &DSWDLQ5RORQ3RKDW²/HLWHUHLQHU*HKHLP]HQWUDOHGHU862 (ODKL6RQWUD²(LQHVFK|QH)UDXWUHLEWIDOVFKHV6SLHO 5RQDOG7HNHQHU²'HU8626SH]LDOLVWJHKWDXI0LOOLDUGHQ-DJG 6LQFODLU0.HQQRQ²'HU5RERWPHQVFKYHUOLHEWVLFK 3RLD+R\W²&KHIGHVHUWUXVLVFKHQ*HKHLPGLHQVWHV 1DV9LJHODQG7HUVHU)UDVFDWLXQG5XQHPH6KLOWHU²/HLWHUGHU5HYROXWLRQlUHQ 2SSRVLWLRQYRQ(UWUXV
³6FKRQDOVLFKLKQGDVHUVWH0DOVDKPHUNWHLFKZDVLQLQLKPYRUJLQJ1LH]XYRU LVWPLUHLQ0DQQEHJHJQHWGHUVRUHDJLHUWH9RQGDDQZDUPLUNODU´GDLFKLKQXPGHQ )LQJHUZLFNHOQNRQQWHZDQQLPPHULFKZROOWH 6HOWVDP 'LHVHU 0DQQ LVW HLQH HLQ]LJH hEHUUDVFKXQJ 6R VWDUN XQG EHUZlOWLJHQG VHLQH 3HUV|QOLFKNHLW JHJHQEHU DQGHUHQ 0lQQHUQ LVW VR VFKZDFK XQG KLOIORV LVW HU PLU µJHJHQEHU 'LHJLJDQWLVFKHQ(UWUXVHUEHKDQGHOWHUJHUDGH]XDXIUHL]HQGOlVVLJDOVN|QQWHHU VLHPLWHLQHUHLQ]LJHQ+DQGEHZHJXQJ]X)DOOEULQJHQ0LUJHJHQEHULVWHUZLHHLQ.LQG 1LH DEHU KlWWH LFK JHJODXEW GD HU VR ZHLW JHKHQ ZUGH PLU HLQ GHUDUW JHIlKUOLFKHV *HVWlQGQLV ]X PDFKHQ (U PWH VLFK GRFK HLJHQWOLFK GHVVHQ EHZXW VHLQGDGLHVHV:LVVHQW|GOLFKIULKQVHLQNDQQ $XFKPHLQH 6LWXDWLRQ LVWMHW]WlXHUVW NULWLVFK JHZRUGHQ :HQQ 7HNHQHU HUIlKUW
$OSKD$ODUP
M
$WODQ
ZDVJHVFKHKHQLVWZLUGHUPLFKYHUPXWOLFKW|WHQ(UKlWWHJDUNHLQHDQGHUH:DKOZHQQ HUVHOEVWEHUOHEHQZLOO %LV]XP-XOLKDWWHLFKDOOHVLQGHU+DQGXQGXQWHUPHLQHU.RQWUROOH'LH (QWZLFNOXQJ ZDU ]XIULHGHQVWHOOHQG 'DQDFK EHUVWU]WHQ VLFK GLH(UHLJQLVVH 'LH 862 OHLWHWH HLQ SV\FKRORJLVFKHV .DPSIVSLHO HLQ GDV VR NRPSOL]LHUW XQG KLQWHUJUQGLJ ZDU GDLFKHVDXFKMHW]WQRFKQLFKWYROOGXUFKVFKDXWKDEH´ &RGH0./YRP-XOL²(UG]HLW
(ODKL 6RQWUD EOLHE DP (LQJDQJ GHU 0HVVH VWHKHQ XQG VWULFK VLFK GDV EODXVFKZDU]H+DDUELVLQGHQ1DFNHQ]XUFN'DQQ]XSIWHVLHLKUHQ3XOOLVWUDIIGHUVLFK HQJXPLKUHQ2EHUN|USHUVSDQQWH 'LH %OLFNH GHU 7HUUDQHULQ ILHOHQ DXI &DSWDLQ 5RORQ 3RKDW GHU DP (QGH GHV ODQJHQ 7LVFKHV VD XQG HLQHU HUWUXVLVFKHQ 5LHVHQODQJXVWH GLH EHLGHQ YRUGHUHQ %HLQH DXVUL 6LH HQWVSUDFKHQ LQ LKUHU *U|H HWZD GHQ $UPHQ GHV 0lGFKHQV $OV HU VLH DQ GHQ0XQGKREXQGVLHJHUlXVFKYROODXVOXWVFKWHEHPHUNWHHU(ODKL6RQWUD /DQJVDP OLH HU GLH 6FKDOHQ DXI GHQ 7HOOHU ]XUFNVLQNHQ XQG ZLQNWH GHU 6SH]LDOLVWLQ]X ³.RPPHQ6LHKHUPHLQ7lXEFKHQ6HW]HQ6LHVLFKDQPHLQH6HLWH³ 6LH VFKULWW ODQJVDP DQ GHU 5HLKH GHU DQGHUHQ 0lQQHU HQWODQJ GHUHQ .|SIH VLH EHUUDJWHQ REZRKO VLH DXI QLHGULJHQ +RFNHUQ VDHQ (LQHU QDFK GHP DQGHUHQ GUHKWH VLFK]XLKUXPXQGQLFNWHLKUIUHXQGOLFK]X0DQPRFKWH(ODKL6RQWUDGLH6SH]LDOLVWLQIU HUWUXVLVFKH (YROXWLRQ XQG 3V\FKRORJLH LQ GLHVHP .UHLVH ZHLO VLH VLFK PLW DOOHQ JXW YHUVWDQGXQGIDVWLPPHU]X6FKHU]HQDXIJHOHJWZDU (ODKL6RQWUDHUZLGHUWHGLH*UH ³3DWQXUDXIGDHXUH%lXFKHQLFKWEHUVWHQ´ULHIVLH ³:LU VLW]HQ DXI 6SDUUDWLRQ´ VDJWH 2UWKR $VKDQ XQG VFKRE VLFK HLQHQ %URFNHQ )OHLVFK]ZLVFKHQGLH=lKQHGHUDXVJHUHLFKWKlWWHGLH7HUUlQHULQHLQH:RFKHODQJVDWW ]XPDFKHQ 5RORQ 3RKDW UFNWH HLQHQ GHU +RFNHU PLW GHP )X IU VLH ]XUHFKW 6LH VHOEVW ZlUH NDXP LQ GHU /DJH JHZHVHQ GDV ]HQWQHUVFKZHUH 0|EHOVWFN DOOHLQ ]X EHZHJHQ ]XPDOLKU0LNURDQWLJUDYLWDWRUQXUDXIVLHVHOEVWZLUNWHQLFKWDEHUDXIGLH*HJHQVWlQGHLQ LKUHU 8PJHEXQJ 'DV PDFKWH GDV /HEHQ DXI GLHVHP 3ODQHWHQ PLW VHLQHU KRKHQ 6FKZHUNUDIW]XZHLOHQUHFKWPKVDP 6LHVFKZDQJ VLFKDXIGHQ+RFNHUXQG UHFNWH VLFKGDPLWVLHGLH(OOHQERJHQDXI GLH7LVFKNDQWHOHJHQNRQQWH ³6FKDGH´ VDJWH VLH ³GD LFK GDV (LZHL GHU HUWUXVLVFKHQ /DQJXVWHQ QLFKW YHUWUDJHVRQVWN|QQWHLFKJODWWVRHLQ7LHUYHUWLOJHQ´ 'RQQHUQGHV*HOlFKWHUEHORKQWHVLHIULKUH:RUWH.HLQHUGHUVLHEHQ(UWUXVHUDP 7LVFKNRQQWHVLFKYRUVWHOOHQGDHLQVR]DUWHV*HVFK|SIZLHGLHVH7HUUDQHULQPHKUDOV DXFKQXUHLQHLQ]LJHV%HLQHLQHUVROFKHQ/DQJXVWHYHU]HKUHQNRQQWH(ODKL6RQWUDDEHU KDWWHJDQ]HUQVWKDIWJHVSURFKHQVRDOVIKOWHVLHVLFKWDWVlFKOLFKEHQDFKWHLOLJW ³'D LFK ,KUH /HLGHQVFKDIW IU GLH )UFKWH GHV 0HHUHV NHQQH PHLQ 7lXEFKHQ KDEH LFK PLU HUODXEW ,KQHQ IQI .LOR )DXNHODXJHQ NRPPHQ ]X ODVVHQ 1DFK PHLQHQ ,QIRUPDWLRQHQ PWHQ 6LH GLHVH JXW YHUWUDJHQ N|QQHQ 'DV *HZLFKW QDWUOLFK QDFK
$OSKD$ODUP
M
$WODQ
WHUUDQLVFKHQ*UDYLWDWLRQVZHUWHQEHUHFKQHW´ (ODKL6RQWUDZXUGHEOD6LHZUJWHXQGOHJWHUDVFKGLH+DQGDQGHQ+DOV'DQQ EDW VLH ³%LWWH VFKZHLJHQ 6LH &DSWDLQ 0LU LVW YRQ ,KUHU OHW]WHQ 6SHQGH QRFK EHO :HQQLFKQXUDQGLHVH)LVFKDXJHQGHQNHZLUGPLUVFKRQVFKOHFKW´ 5RORQ 3RKDW NUDW]WH GHQ 5RJHQ PLW GHQ )LQJHUQ ]ZLVFKHQ GHQ %HLQHQ GHU /DQJXVWHKHUYRUXQGOHJWHVLHVLFKJHQLHHULVFKDXIGLH=XQJH'LH(LHUZDUHQQLFKWQXU HWZD VR JUR ZLH PHQVFKOLFKH $XJHQ VRQGHUQ VDKHQ DXFK VR DXV $OV VLH NUDFKHQG ]ZLVFKHQGHQ=lKQHQGHV&DSWDLQV]HUSODW]WHQZDQGWHVLFKGDV0lGFKHQVFKDXGHUQG DE ³,FKELQXQWU|VWOLFK´EHKDXSWHWHHUGRFKLQVHLQHQGXQNHOEODXHQ$XJHQJOLW]HUWH HV YHUUlWHULVFK (U VFKQLSSWH PLW GHQ )LQJHUQ 'HU .QDOO OLH GLH 0HVWL]LQ ]XVDPPHQ]XFNHQ,KUZDUDOVZlUHHLQ)HXHUZHUNVN|USHUQHEHQLKUH[SORGLHUW2EZRKO VLHVLFKQXQ VFKRQVHLWYLHOHQ-lKUHQPLW GHU3V\FKRORJLH GHU(UWUXVHU EHVFKlIWLJWXQG IDVWHEHQVRODQJHPLWLKQHQ]XVDPPHQJHOHEWKDWWHJODXEWHVLHQRFKLPPHUQLFKWVLFK MHDQGHUHQ]XZHLOHQUHFKWODXWHV*HEDUHQJHZ|KQHQ]XN|QQHQ $VWX .DWDLQ HLQ 0DWKHPDWLNHU UHLFKWH LKU HLQH NOHLQH 3RUWLRQ PLW DUHWLVFKHP .UHEVIOHLVFK (ODKL 6RQWUD EHJDQQ VSRQWDQ ]X VWUDKOHQ 8QZLOONUOLFK NODWVFKWH VLH GLH +lQGH]XVDPPHQ ³&DSWDLQ 6LH VLQG HLQ (QJHO´ ULHI VLH ³-HW]W KDEHQ 6LH PLFK ZLHGHU HLQPDO KHUHLQJHOHJW:HQQ6LHQLFKWPDQFKPDOVRHLQ*URELDQZlUHQN|QQWHLFKPLFKGLUHNWLQ 6LHYHUOLHEHQ´ ³7XQ6LHQXUGDVQLFKW7lXEFKHQ´ULHW5RORQ3RKDWODFKHQGXQGOLHVHLQH+DQG DXIGHQ7LVFKKHUDEIDOOHQ³,FKELQHLQ3UDNWLNHUXQGLFKZXWHEHUKDXSWQLFKWZDVLFK PLWVRHLQHUDFKWHO3RUWLRQZLH,KQHQDQIDQJHQVROOWH´ (ODKL6RQWUDJULIIUDVFKQDFKGHU6FKDOHGLHEHLGHP6FKODJGHV(UWUXVHUVLQGLH +|KH JHVFKOHXGHUW ZXUGH 9RUVLFKWVKDOEHU EHKLHOW VLH VLH LQ GHQ +lQGHQ 'LH DQGHUHQ 0lQQHU IDQGHQ GLH 9RUVWHOOXQJ GHU QDKH]X WRQQHQVFKZHUH &DSWDLQ N|QQWH VLFK LQ GLH 7HUUDQHULQ YHUOLHEHQ GLH NDXP PHKU DOV .LORJUDPP ZRJ lXHUVW NRPLVFK 'DV *HOlFKWHU GHU HUWUXVLVFKHQ 8626SH]LDOLVWHQ OLH VHOEVW GHQ VFKZHUHQ 7LVFK HU]LWWHUQ $VWX .DWDLQ OLH VLFK ]X HLQHU $Q]JOLFKNHLW KLQUHLHQ GLH GDV 9HUJQJHQ GHU 0lQQHU QRFK XQJHPHLQ VWHLJHUWH (ODKL 6RQWUD HUU|WHWH 6LH ZXWH QLFKW PHKU ZDV VLH WXQ VROOWH²GLH6FKDOHKDOWHQXPGDV.UHEVIOHLVFK]XUHWWHQRGHUVLFKGLH2KUHQ]XKDOWHQ GDPLWGLH7URPPHOIHOOHQLFKWSODW]WHQ 6LH DWPHWH DXI DOV HV VFKODJDUWLJ VWLOO ZXUGH 2EHU GHU 7U OHXFKWHWH HLQ IODPPHQG URWHV 4XDGUDW DXI &DSWDLQ 5RORQ 3RKDW HUKRE VLFK VRIRUW XQG KLHOW JOHLFK]HLWLJVHLQ$UPLQWHUNRPDQGHQ0XQG ³.RPPHQ6LH$VKDQ´EHIDKOHUPLWUDXKHU6WLPPH 2UWKR$VKDQGHU )XQNXQG&KLIIUHVSH]LDOLVWGHU*HKHLPVWDWLRQ HLOWHGHP &KHI QDFKGHUGLH0HVVHLQJURHU(LOHYHUOLH 'LH )XQNVWDWLRQ KDWWH HLQH ZLFKWLJH 1DFKULFKW DXIJHIDQJHQ $VKDQ GHU &KLIIUHVSH]LDOLVW ZXUGH KLQ]XJH]RJHQ 'DV GHXWHWH GDUDXI KLQ GD HLQH JDQ] EHVRQGHUH$QZHLVXQJHLQJHJDQJHQZDU 3O|W]OLFK ZDU GLH KHLWHUH XQG JHO|VWH 6WLPPXQJ YHUJDQJHQ 'LH 0lQQHU ZDUHQ HUQVWJHZRUGHQ:LHGHUHLQPDOZXUGHQVLHVLFKGHVVHQEHZXWGDVLHKLHUDXIHLQHP 3XOYHUIDOHEWHQGDVMHGHU]HLWKRFKJHKHQNRQQWH (ODKL 6RQWUD ]ZDQJ VLFK GDV *HVFKHQN GHU 0lQQHU DXI]XHVVHQ 'LH (UWUXVHU
$OSKD$ODUP
M
$WODQ
ZlUHQEHOHLGLJWJHZHVHQZHQQVLHHVQLFKWJHWDQKlWWH 'DV.UHEVIOHLVFKVFKPHFNWHLKUQLFKW
$OV &DSWDLQ 5RORQ 3RKDW XQG 2UWKR $VKDQ LQ GLH )XQNVWDWLRQ YRQ 0RZKDOO NDPHQ HUKRE VLFK +RUQ $LNWD GHU )XQNHU YRQ VHLQHP 3ODW] :RUWORV EHUJDE HU DQ $VKDQ GHQ UDQJK|KHUHQ 6SH]LDOLVWHQ .RPPHQWDUH ZDUHQ QLFKW QRWZHQGLJ $XI GHP %LOGVFKLUP GHV $XI]HLFKQXQJVJHUlWV OHXFKWHWH DXFK MHW]W QRFK GDV 6\PERO GHU $OSKD :DUQXQJ(V]HLJWHGLHK|FKVWH'ULQJOLFKNHLWVVWXIHDQ(LQHNOHLQHUH6\PEROJUXSSHGLH GDUXQWHUHUVFKLHQVDJWH3RKDWGDGLH6HQGXQJYRQHLQHP862.UHX]HUJHNRPPHQ ZDU'DV5DXPVFKLIIVWDQGYHUPXWOLFKZHLWDXHUKDOEGHV.UHLW6\VWHPV 2UWKR $VKDQ VHW]WH VLFK DQ GDV 'HFKLIIULHUJHUlW XQG EHJDQQ PLW VHLQHU $UEHLW :HQLJH 6HNXQGHQ VSlWHU NRQQWH HU &DSWDLQ 3RKDW GHQ .ODUWH[W GHV JHUDIIWHQ XQG NRGLIL]LHUWHQ%HIHKOVEHUJHEHQ ³:LU VROOHQ 0RZKDOO VRIRUW DXIJHEHQ 6LU´ VDJWH HU ³'LH 6WDWLRQ LVW YHUUDWHQ ZRUGHQ $WODQ OlW PLWWHLOHQ GD ZLU GDPLW UHFKQHQ PVVHQ DXVJHKREHQ ]X ZHUGHQ 'LH )OXFKW LVW QDFK 3ODQ ' GXUFK]XIKUHQ 6SUHQJXQJ LVW YRU]XEHUHLWHQ XQG HLQ]XOHLWHQ´ ³$OOH8QWHUODJHQVLQG]XYHUQLFKWHQ´EHHQGHWH3RKDWGHUGHQ7H[WYRQGHU.DUWH DEODV GLH $VKDQ LQ GHU +DQG KLHOW ³0DQ HUZDUWHW XQV EHUHLWV LQ HLQHP $XVZHLFKTXDUWLHU´ 'LH 0lQQHU EOLFNWHQ VLFK DQ 'LHVHU %HIHKO NDP Y|OOLJ EHUUDVFKHQG IU VLH %LV ]XGLHVHU0LQXWHZDUHQVLHDOOHGDYRQEHU]HXJWJHZHVHQGDVLHLQ0RZKDOODEVROXW VLFKHU YRU (QWGHFNXQJ ZDUHQ 6LH EHIDQGHQ VLFK KLHU LQ HLQHP XUDOWHQ OlQJVW VWLOOJHOHJWHQ 5RKUEDKQVFKDFKW WLHI XQWHUKDOE GHU +DXSWVWDGW %DUHWXV 'D NHLQHU GHU HOI 0lQQHU GLHVH ZLFKWLJVWH *HKHLPVWDWLRQ DXI GHP 5LHVHQSODQHWHQ (UWUXV LQ GHQ OHW]WHQ :RFKHQ YHUODVVHQ KDWWH XQG DXFK (ODKL 6RQWUD VWlQGLJ EHL LKQHQ JHZHVHQ ZDU EOLHE LKQHQY|OOLJXQNODUZHVKDOEMHW]WSO|W]OLFKHLQ$QJULIIDXIVLHHUIROJHQVROOWH ³,FKIUDJHPLFKZRKHU$WODQGLHVH1DFKULFKWKDW´VDJWH2UWKR$VKDQ(UEHNDP NHLQH$QWZRUWGHQQGHU&DSWDLQGUFNWHEHUHLWVGLH$ODUPWDVWHXQGJDEGHQ%HIHKOPLW ODXWHU6WLPPHDQGLH%HVDW]XQJYRQ0RZKDOOZHLWHU ³$FKWXQJ6LU´ULHI$VKDQ³'DNRPPWQRFKHLQZHLWHUHU6SUXFK´ 6LH EOLFNWHQ DXI GHQ %LOGVFKLUP DXI GHP GDV 6\PERO GHV &DSWDLQV HUVFKLHQ $VKDQ XQG $LWND YHUOLHHQ GHQ )XQNUDXP VRIRUW 'LH 0lQQHU HLOWHQ ]X GHQ 3DQ]HUVFKUlQNHQXPGLH JHKHLPHQ $XI]HLFKQXQJHQGLH GDULQDXIEHZDKUWZXUGHQ]X YHUQLFKWHQ6LHKDWWHQJHVHKHQGDGLHMHW]WHLQJHKHQGH0HOGXQJQLFKWIULKUH2KUHQ JHGDFKWZDU &DSWDLQ 5RORQ 3RKDW ZDUWHWH ELV GLH 6\PERONHWWH PLW HLQHP GRSSHOWHQ %HHQGLJXQJV]HLFKHQ DXVOLHI (U ZDU UDWORV GHQQ HU NRQQWH VLFK QLFKW YRUVWHOOHQ ZHVKDOEMHW]WQRFKHLQH%RWVFKDIWNDPGLHDXVVFKOLHOLFKIULKQEHVWLPPWZDU,QGHQ 1HEHQUlXPHQ K|UWH HU GLH 6SH]LDOLVWHQ DUEHLWHQ 6LH YHUQLFKWHWHQ ZHUWYROOHV 0DWHULDO XPHVGHP=XJULIIGHVJHJQHULVFKHQ*HKHLPGLHQVWHV]XHQW]LHKHQ3RLD+R\WGHU&KHI GHU HUWUXVLVFKHQ $EZHKU YRQ %DUHWXV ZlUH YHUPXWOLFK ]X K|FKVWHQ *HJHQOHLVWXQJHQ EHUHLWJHZHVHQZHQQHUDOOH,QIRUPDWLRQHQKlWWHEHNRPPHQN|QQHQGLHVLHLQOHW]WHQ -DKUHQJHVDPPHOWKDWWHQ)UGLH862ZDUGHU9HUOXVWQLFKWJUDYLHUHQGGDHV&DSWDLQ
$OSKD$ODUP
M
$WODQ
3RKDWJHOXQJHQZDUGLHZLFKWLJVWHQ(UPLWWOXQJVHUJHEQLVVHZHLWHU]XOHLWHQ 3RKDWOlFKHOWH 'LH$JHQWHQ+R\WVGLHMHW]WGXUFKGLH5RKUEDKQVFKlFKWHKHUDQVWUPWHQZUGHQ HLQH KHUEH (QWWlXVFKXQJ HUOHEHQ (U ZUGH 0RZKDOO UHFKW]HLWLJ VSUHQJHQ VR GD VLH QXU QRFK HLQHQ 7UPPHUKDXIHQ YRUILQGHQ ZUGHQ 8P GDUEHU KLQDXV MHGHV ZHLWHUH 5LVLNRDXV]XVFKDOWHQZXUGHYRUKHUDOOHVGHVLQWHJULHUWZDVGHP*HJQHUQW]HQNRQQWH :HQQ 3RLD +R\W 0RZKDOO VFKRQ DXVVFKDOWHWH GDQQ VROOWH VHLQ 9RUWHLO VR JHULQJ ZLH P|JOLFKJHKDOWHQZHUGHQ 5RORQ3RKDWJDEGHQ)XQNVSUXFKLQHLQNOHLQHV3RVLWURQLNJHKLUQGDVPLWHLQHP ,QGLYLGXDOWDVWHU JHNRSSHOW ZDU VR GD GLH ]XVlW]OLFKH ,QIRUPDWLRQ QXU LKP ]XJlQJOLFK ZHUGHQNRQQWH(LQLJH6HNXQGHQODQJDUEHLWHWHGHU&DSWDLQNRQ]HQWULHUW'DQQODJGHU .ODUWH[WYRULKP (UODVLKQPHKUIDFK $EHUGDGXUFKlQGHUWHVLFKQLFKWV'HU6LQQJHKDOWEOLHEGHUJOHLFKH 3RKDW EHJDQQ ]X ]ZHLIHOQ 'LHVHQ %HIHKO YHUVWDQG HU QLFKW ]|JHUQG HUKRE HU VLFK XQG YHUOLH GHQ 5DXP 'UDXHQ DXI GHP *DQJ EOLHE HU VWHKHQ (U VDK GHQ 6SH]LDOLVWHQ QDFK GLH 6WDSHO PLW $NWHQ ]XP 'HVLQWHJUDWRU EUDFKWHQ XP VLH DXI]XO|VHQ $OV (ODKL 6RQWUD HEHQIDOOV PLW ZLFKWLJHQ 3DSLHUHQ DXI GHP .RUULGRU HUVFKLHQULHIHUVLH]XVLFK ³6LQG6LHYHUUFNWJHZRUGHQ7lXEFKHQVLFKPLWGLHVHP.UDPDE]XVFKOHSSHQ"´ IUDJWHHUSROWHUQG 6LHOlFKHOWH]DJKDIW ³,UJHQG HWZDV PX LFK GRFK WXQ´ HQWJHJQHWH VLH ,FK NDQQ QLFKW WDWHQORV ]XVHKHQZLHGLHDQGHUHQDUEHLWHQ´ 'HU&DSWDLQODFKWHODXWDXI ³8QGGDKDEHQ6LHQLFKWV%HVVHUHV]XWXQDOV$NWHQ]XVFKOHSSHQ"'DIUPHLQ 7lXEFKHQ VLQG PHLQH HUWUXVLVFKHQ %XOOHQ EHVVHU JHHLJQHW .RPPHQ 6LH LFK KDEH HWZDVIU6LH´ (U HUJULII LKUHQ $UP XQG ]RJ VLH PLW LQ GHQ )XQNUDXP (U GHXWHWH DXI GDV 'HFKLIIULHUJHUlW ³'DVLVWHLQH3RVLWURQLNGLHPLWHLQHP,QGLYLGXDOWDVWHUJHNRSSHOWLVW:LUPVVHQ VLH PLWQHKPHQ %LWWH EDXHQ 6LH GDV 'LQJ DXV %HHLOHQ 6LH VLFK 9LHO =HLW KDEHQ ZLU QLFKWPHKU7lXEFKHQ´ ³6LU²GDIUEHQ|WLJHLFKZHQLJVWHQVIQI]HKQ0LQXWHQ´ ³6LHZHUGHQHVLQDFKW0LQXWHQVFKDIIHQ%HVWLPPW´ (U OlFKHOWH LKU DXIPXQWHUQG ]X XQG WUDW ZLHGHU DXI GHQ *DQJ KLQDXV 'LH 7U UROOWHKLQWHULKP]X(ODKL6RQWUDPDFKWHVLFKVRIRUWDQGLH$UEHLW6LHHUIRUGHUWHK|FKVWH .RQ]HQWUDWLRQZHQQGDVZHUWYROOH,QVWUXPHQWGDEHLQLFKWEHVFKlGLJWZHUGHQVROOWH
$OV &DSWDLQ 5RWHQ 3RKDW LQ GHUNOHLQHQ 7UDQVPLWWHUKDOOH HUVFKLHQ VFKLPPHUWH GDV VFKZDU]H 7UDQVSRUWIHOG EHUHLWV ]ZLVFKHQ GHQ EHLGHQ 7UDQVPLWWHUVlXOHQ $XI GHP 2V]LOORJUDSKHQ ]HLJWHQ UHJHOPlLJH $PSOLWXGHQ GHU IQIGLPHQVLRQDOHQ )HOGOLQLHQ 6HQGHEHUHLWVFKDIWDQ 2UWKR$VKDQZLHVVWXPPDXIHLQHQ%LOGVFKLUP3RKDWWUDWQlKHU(UNRQQWHMHW]W
$OSKD$ODUP
M
$WODQ
GLHKHUDQVWUPHQGHQ$JHQWHQGHUHUWUXVLVFKHQ$EZHKUVHKHQGLHDOOH6LFKHUXQJHQLQ GHP5|KUHQV\VWHPGHUDOWHQ%DKQDQODJHQEHUZXQGHQKDWWHQ9RQMHW]WDQZUGHQQXU QRFKZHQLJH0LQXWHQYHUJHKHQELVVLHKLHUZDUHQ ³$EVHW]HQ´EHIDKOGHU&DSWDLQ³:LHZHLWVLQGZLUPLWGHQ8QWHUODJHQ"´ ³3RLD +R\W ZLUG NHLQH )UHXGH DQ XQV KDEHQ´ HUNOlUWH $VKDQ ³:LU KDEHQ DOOHV YHUQLFKWHW(VJLEWNHLQHQ*UXQGQRFKOlQJHU]XEOHLEHQ´ ³'DQQORV´ 'LH HUVWHQ 6SH]LDOLVWHQ WUDWHQ ]ZLVFKHQ GLH EHLGHQ 7UDQVPLWWHUVlXOHQ XQG YHUVFKZDQGHQ*HODVVHQEOLHE3RKDWEHLGHP%LOGVFKLUPVWHKHQXQGEHREDFKWHWHZLH GHU*HJQHUQlKHUNDP $OV QXU QRFK 2UWKR $VKDQ XQG HU LQ GHU 7UDQVPLWWHUKDOOH VWDQGHQ JLQJ HU ]X HLQHPSRVLWURQLVFKHQ=XVDW]JHUlWDP6HQGHUVFKREHLQHQ6FKOVVHOHLQXQGGUHKWHLKQ KHUXP$XIHLQHP.RQWUROOVFKLUPOHXFKWHWHHLQH=DKOHQNHWWHDXI ³0RZKDOOZLUGLQGLH/XIWIOLHJHQEHYRUXQVHUH)UHXQGHKLHUVLQG´VDJWHHU $VKDQEOLFNWHLKQIUDJHQGDQ ³,FKKDEH(ODKLQLFKWJHVHKHQ6LU´ ³6R"´ ³6LHZROOHQVLHGRFKQLFKW]XUFNODVVHQ6LU"´ (ODKL 6RQWUD VFKLHQ GHQ &DSWDLQ QLFKW ]X LQWHUHVVLHUHQ (U GHXWHWH PLW GHP 'DXPHQDXIGHQ7UDQVPLWWHUXQGVDJWHPLWUDXKHU6WLPPH³9HUVFKZLQGHQ6LH2UWKR´ 'HU )XQNHU ]|JHUWH )U HLQHQ NXU]HQ 0RPHQW VFKLHQ HV DOV ZROOH HU GHQ *HKRUVDP YHUZHLJHUQ 'DQQ VHQNWH HU GHQ .RSI XQG JLQJ VFKZHLJHQG LQ GDV 7UDQVSRUWIHOG &DSWDLQ 5RORQ 3RKDW GUHKW VLFK XP XQG HLOWH ]XP )XQNUDXP $OV HU GLH 7U |IIQHWHVDKHUGDGLH7HUUDQHULQILHEHUKDIWDUEHLWHWH ³,FK EUDXFKH ZHQLJVWHQV QRFK ]ZHL 0LQXWHQ 6LU´ ULHI VLH XQG VDK ]X LKP DXI 6FKZHLVWDQGDXILKUHU6WLUQ ³*XW7lXEFKHQ,FKKDEHMDJHZXWGD6LHHVVFKDIIHQ´ 3RKDW VFKOR GLH 7U XQG NHKUWH ]XP 7UDQVPLWWHU ]XUFN -HW]W K|UWH HU YHUHLQ]HOWH6FKVVH'LH$JHQWHQYRQ3RLD+R\WIHXHUWHQDXIGLH+LQGHUQLVVHGLHVLFK LKQHQLQGHQ:HJVWHOOWHQ6LHYHUVFKZHQGHWHQNHLQH=HLWGDPLWVLHZHJ]XUlXPHQ 5RORQ3RKDWOlFKHOWH +R\WV0lQQHUZUGHQGHQQRFK]XVSlWNRPPHQ
(ODKL 6RQWUD DUEHLWHWH VR VFKQHOO ZLH VLH NRQQWH 6LH J|QQWH VLFK NHLQH 5XKHSDXVHREZRKOLKUGLH)LQJHUZHKWDWHQ6RUJIlOWLJYHUPLHGVLHHVGLH3RVLWURQLN]X EHVFKlGLJHQ'DIUPXWHVLHIHLQVWH9HUELQGXQJHQYRUVLFKWLJDXVHLQDQGHUWUHQQHQ 2EZRKOVLH&DSWDLQ3RKDWOHLVHEHVFKLPSIWHZHLOHULKUGLHVH$UEHLW]XJHZLHVHQ KDWWHPXWHVLHLKPUHFKWJHEHQ(LQ(UWUXVHUZlUHNDXPGD]XLQGHU/DJHJHZHVHQ GDV*HUlW]XUHWWHQ $OV VLH GHQ 5HFKQHU VFKOLHOLFK DXV VHLQHU 9HUDQNHUXQJ KHUDXVKHEHQ NRQQWH EHEWH GHU %RGHQ XQWHU LKUHQ )HQ 'LH $EZHKUDJHQWHQ GHU HUWUXVLVFKHQ 5HJLHUXQJ KDWWHQGHQlXHUHQ6LFKHUXQJVULQJGHU6WDWLRQHUUHLFKWXQGVSUHQJWHQLKQ 'LH7HUUDQHULQKREGHQ.RSIXQGODXVFKWH
$OSKD$ODUP
M
$WODQ
,Q 0RZKDOO VHOEVW ZDU HV EHlQJVWLJHQG VWLOO JHZRUGHQ (EHQ QRFK KDWWH VLH GLH 6WLPPH GHU 8626SH]LDOLVWHQ JHK|UW -HW]W ZDU DOOHV UXKLJ 6LH HUKRE VLFK QDKP GLH 3RVLWURQLNPLWXQGJLQJ]XU7U'DV,QVWUXPHQWZDUVFKZHUHUDOVVLHHUZDUWHWKDWWH6LH NRQQWHHVNDXPWUDJHQ ³&DSWDLQ3RKDW´ 1LHPDQGDQWZRUWHWH (ODKL 6RQWUD ZXUGH XQUXKLJ ,UJHQGZR LQ GHU 1lKH H[SORGLHUWH HWZDV 'DV HULQQHUWHVLHGDUDQGDMHW]WEHUHLWVGLH=QGXQJIUGLH6SUHQJVlW]HGHU6WDWLRQOLHIHQ 6LHPXWHVLFKEHHLOHQ 6FKRQ QDFK ZHQLJHQ 6FKULWWHQ PHUNWH VLH GD GHU 5HFKQHU IU VLH HLQIDFK ]X VFKZHUZDU0LWGLHVHP*HZLFKWDXIGHQ$UPHQNDPVLHYLHO]XODQJVDPYRUDQ6ROOWH GRFKHLQHUGHU(UWUXVHUGLH3RVLWURQLNKROHQ)UGLHVH0lQQHUZDUHVOHLFKWGDV*HUlW ]XEHZHJHQ 6LHVHW]WHHVYRUVLFKWLJDXIGHP%RGHQDE:LHGHUOLHIHLQH(UVFKWWHUXQJVZHOOH GXUFK 0RZKDOO 'LH 0HVWL]LQ VSUDQJ DXI XQG UDQQWH GXUFK GHQ .RUULGRU ELV ]XP 7UDQVPLWWHUUDXP$XFKKLHUZDUNHLQHUGHU6SH]LDOLVWHQPHKU]XVHKHQ ³&DSWDLQ3RKDW´ULHIVLH³:RVLQG6LHGHQQ"´ ,KUH %OLFNH ILHOHQ DXI GHQ %LOGVFKLUP DQ GHU :DQG ,Q HLQHU 7XQQHOU|KUH VWHOOWHQ VLFK ]ZHL .DPSIURERWHU GHQ HUWUXVLVFKHQ *LJDQWHQ HQWJHJHQ 6RQWUD VFKlW]WH GD HLQLJH KXQGHUW $JHQWHQ YRP *HKHLPGLHQVW GHV &DUVXDOVFKHQ %XQGHV LQ GDV 5|KUHQQHW]HLQJHGUXQJHQZDUHQ 'LH5RERWHUH[SORGLHUWHQLP)HXHUKDJHOGHU$QJUHLIHU ³&DSWDLQ3RKDW"´ 'LH 7HUUDQHULQ HLOWH ]X HLQLJHQ EHULDFKEDUWHQ 5lXPHQ hEHUDOO ERW VLFK LKU GDV JOHLFKH%LOGGHU=HUVW|UXQJ -HW]W EHJULII VLH GD VLH DOOHLQ ZDU 6LH OLHI ]XU 3RVLWURQLN ]XUFN QDKP VLH DXI XQG VFKOHSSWH VLH ELV LQ GHQ 7UDQVPLWWHUUDXP 'DV VFKZDU]H 7UDQVSRUWIHOG VWDQG EHUXKLJHQG ]ZLVFKHQ GHQ 6lXOHQ (LQH /DPSH ]HLJWH LKU DQ GD GHU 6HQGHU YROO IXQNWLRQVIlKLJZDU (ODKL6RQWUDEOLFNWHVLFKQRFKHLQPDOXPGDQQEHWUDWVLHGDV)HOG $EHUQLFKWVJHVFKDK 6LHZXUGHQLFKWDXIJHO|VWXQGLQGHQ+\SHUUDXPJHVFKOHXGHUW6LHEOLHE¶ZRVLH ZDUXQGVSUWHDEVROXWQLFKWV 3DQLN EHUILHO VLH ,P HUVWHQ 6FKUHFN OLH VLH GLH 3RVLWLRQLN IDOOHQ XQG ]HUVW|UWH GDPLWZDVVLHELVGDKLQVRVRUJIlOWLJEHKWHWKDWWH6LHYHUOLHGHQ7UDQVPLWWHUZLHGHU XQG EHJDQQ GDPLW GLH HLQ]HOQHQ *HUlWH ]X EHUSUIHQ $OOH .RQWUROOHLQULFKWXQJHQ ]HLJWHQ HLQZDQGIUHLH :HUWH DQ 'HU 6HQGHU KlWWH IXQNWLRQLHUHQ PVVHQ -XVWLHUJHUlWH =XVDW]JHQHUDWRUHQ)HOGGVHQ6WUXNWXUXPZDQGOHUXQG+DXSWVFKDOWDJJUHJDWHZDUHQLQ 2UGQXQJ 6LH VFKDOWHWH GHQ +\SHUNRP HLQ XP PLW GHU *HJHQVWDWLRQ LQ 9HUELQGXQJ WUHWHQ ]X N|QQHQ 'HU 0RQLWRU KHOOWH VLFK QLFKW DXI =XPLQGHVW GLHVH (LQULFKWXQJ ZDU EHVFKlGLJW 'XUFK GLH RIIHQHQ 7UHQ K|UWH VLH ZLH HLQH :DQG NUDFKHQG DXVHLQDQGHUEUDFK 'LH HUVWHQ $JHQWHQ KDWWH GLH 6WDWLRQ HUUHLFKW XQG GUDQJHQ HLQ (LQLJH ([SORVLRQHQ ]HLJWHQGHU7HUUDQHULQDQGDVLFKLKQHQ5RERWHUHQWJHJHQVWHOOWHQ :DQQZUGHQGLH6SUHQJVlW]HKRFKJHKHQ"
$OSKD$ODUP
M
$WODQ
&DSWDLQ 3ROWDW ZUGH 0RZKDOO QLFKW XQ]HUVW|UW LUU GLH +l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|JOLFK JHZHVHQ GD GLH $EZHKU YRQ (UWUXV LQ GLHVHP )DOO VFKQHOOHUJHZHVHQZDUDOVHU" (ODKL6RQWUDVWDQGYRUGHP7UDQVPLWWHUXQGEHUOHJWH 6FKZHUH6FKULWWHQlKHUWHQVLFKLKU 1XUQRFK6HNXQGHQEOLHEHQLKU 6LH GUHKWH VLFK XP QDKP HLQHQ NOHLQHQ 6FKOVVHO DXV GHP *HKlXVH LKUHV &KURQRPHWHUV KHUYRU XQG VFKRE LKQ LQ GHQ =QGHU IU GLH =HUVW|UXQJVDQODJH YRQ 0RZKDOO
&DSWDLQ5RORQ3RKDW SUDOOWHIDVWPLW2UWKR$VKDQ]XVDPPHQGHUGLFKWYRUGHP 7UDQVPLWWHU GHU *HJHQVWDWLRQ VWHKHQJHEOLHEHQ ZDU 0LW HLQHP VFKQHOOHQ 6FKULWW ]XU 6HLWHZLFKHULKPDXV ³0DFKHQ6LHVLFKQLFKWGLFNHUDOV6LHVLQGDOWHU.QDEH´VDJWH3RKDW (U GUHKWH VLFK ]X GHP 2IIL]LHU XP GHU DQ GHQ 6WHXHUJHUlWHQ GHU $QODJH VD XQG JDE LKP PLW HLQHU *HVWH ]X YHUVWHKHQ GD HU GHQ 7UDQVPLWWHU DXVVFKDOWHQ VROOWH 'DVVFKZDU]H7UDQVSRUWIHOGILHOLQVLFK]XVDPPHQ ³6LH KDEHQ (ODKL 6RQWUD DOVR WDWVlFKOLFK ]XUFNJHODVVHQ´ VWHOOWH 2UWKR $VKDQ IHVW ³+DEHLFKGDV"´3RKDWVWULFKVLFKPLWGHUIODFKHQ+DQGEHUGHQVLFKHOI|UPLJHQ +DDUNDPP(UEOLFNWH$VKDQDQOLHGLH+DQGVLQNHQXQG]XFNWHQLFKWVVDJHQGPLWGHU 6FKXOWHU 'HU2IIL]LHUGHUGLH(PSIDQJVVWDWLRQEHGLHQWKDWWHWUDWDQLKQKHUDQ ³6LHZHUGHQLP.RQIHUHQ]UDXPHUZDUWHW6LU´PHOGHWHHU ³'DQNH´HQWJHJQHWH GHU &DSWDLQ (U WUDW LQ HLQH /LIW|IIQXQJ XQG OLH VLFK YRQ GHPXQVLFKWEDUHQ$QWLJUDYLWDWLRQVIHOGQDFKREHQWUDJHQ,QHLQHUNUHLVUXQGHQ+DOOHNDP HUKHUDXV+HOOHV7DJHVOLFKWILHOGXUFKGLHZDQGKRKHQ)HQVWHUKHUHLQ(UVWMHW]WHUNDQQWH 3RKDW GD HU PLW VHLQHU *UXSSH PLWWHQ LQ GHU +DOOQRUR:VWH KHUDXVJHNRPPHQ ZDU (LQ OHLFKWHU :LQG ZLUEHOWH GLH 6DQGPDVVHQ DXI XQG WULHE VLH JHJHQ GHQ 3RVWHQ GHU 862 9HUHLQ]HOWH %RGHQJHZlFKVH EHPKWHQ VLFK YHUJHEOLFK GLH 'QHQ ]X IHVWLJHQ 'LHIHLQYHUlVWHOWHU:XU]HOQIDQGHQQLHZLUNOLFKDXVUHLFKHQGHQ+DOWhEHUGLH6DQGEHUJH KLQZHJNRQQWH3RKDWGLHEODXVFKLPPHUQGHQ%HUJHVHKHQGLHVLFK]ZLVFKHQGHU:VWH XQGGHU(EHQHHUKREHQLQGHUGLH+DXSWVWDGWGHV3ODQHWHQODJ (UKLHOWVLFKQXU NXU]DXIXQGJLQJGDQQZHLWHUELV]X.RQIHUHQ]UDXP1U(LQ GXQNHOEORQGHU XQWHUVHW]WHU 7HUUDQHU VWDQG DQ HLQHP GHU )HQVWHU XQG EOLFNWH LQ GLH :VWH KLQDXV (U EHREDFKWHWH HLQH 6FKXOH VFKZDU]HU 6DQGUDWWHQ GLH HLQ (UWUXV*QX KHW]WHQ $OV HU 3RKDW KLQWHU VLFK K|UWH GUHKW HU VLFK XP XQG EOLFNWH ]X LKP DXI 'HU
$OSKD$ODUP
M
$WODQ
&DSWDLQ VFKlW]WH GD HU HWZD P JUR ZDU 9HUJOLFKHQ PLW HLQHP (UWUXVHU ZDU HU HLQ =ZHUJ 'LH HWZDV VFKUlJ JHVWHOOWHQ $XJHQ XQG GLH )RUP GHU -RFKEHLQH OLHHQ DXI DVLDWLVFKHQ8UVSUXQJVFKOLHHQ 'HU7HUUDQHUEHJUWH3RKDWXQGVWHOOWHVLFKPLW0DMRU$ULNDZDYRU ³:LU ZDUHQ HWZDV EHUUDVFKW GD ZLU 0RZKDOO VR VFKQHOO DXIJHEHQ PXWHQ´ VDJWH3RKDW ³'DVNDQQLFKYHUVWHKHQ´HQWJHJQHWH$ULNDZD³1LHPDQGNRQQWHGDPLWUHFKQHQ GDZLUXQV]XGLHVHP6FKULWWHQWVFKOLHHQZUGHQ´ ³,UJHQG MHPDQG PX GLH 6WDWLRQ YHUUDWHQ KDEHQ´ VWHOOWH 5RORQ 3RKDW IHVW (U VHW]WHVLFKLQHLQHQGHU6HVVHO$ULNDZDOLHVLFKLKPJHJHQEHUQLHGHU(UVDKYHUORUHQ ]ZLVFKHQ GHQ IU (UWUXVHU DQJHOHJWHQ 3ROVWHUQ DXV 8QWHU DQGHUHQ 8PVWlQGHQ KlWWH VLHK3RKDWHLQ/lFKHOQZRKOQLFKWYHUNQLIIHQ-HW]WEOLHEHUHUQVW ³6LHKDEHQUHFKW0RZKDOOLVWYHUUDWHQZRUGHQ´ ³:LVVHQ6LH]XIlOOLJDXFKYRQZHP"´ ³6LFKHU´HUZLGHUWH$ULNDZDOlFKHOQG³9RQ/RUGDGPLUDO$WODQK|FKVWSHUV|QOLFK³ 'HU&DSWDLQVDKGHQ7HUUDQHUYHUEOIIWDQ ³'DQQZLUG$WODQHLQHQVHKUZLFKWLJHQ*UXQGGDIUJHKDEWKDEHQ´ ³6R LVW HV´ DQWZRUWHWH GHU 0DMRU ³:LU KDEHQ LQ]ZLVFKHQ HUIDKUHQ GD (ODOLL 6RQWUDQLFKWQXUIUXQVDUEHLWHW´ ³$OVR GRFK´ VDJWH 3RKDW ,KP ZDU DQ]XVHKHQ GD HU VFKRQ YRUKHU ]X GLHVHP 6FKOX JHNRPPHQ ZDU (WZDV DQGHUHV ZDU NDXP YRUVWHOOEDU $WODQ ZUGH QLHPDOV MHPDQGHQJUXQGORVIDOOHQODVVHQ³'LHNOHLQH(ODKLLVWDOVRHLQH'RSSHODJHQWLQ´ ³6LH DUEHLWHW QLFKW QXU IU GLH 862 VRQGHUQ DXFK IU GHQ *HKHLPGLHQVW GHV &DUVXDOVFKHQ%XQGHV´ ³'DQQ KDW VLH DOOHUGLQJV QLFKW YLHO ]X EHIUFKWHQ ,KUH )UHXQGH ZHUGHQ VLH VFKRQHQG EHKDQGHOQ´ (U EOLFNWH IRUVFKHQG DXI GHQ 7HUUDQHU µ6LQG 6LH ZLUNOLFK JDQ] VLFKHUGD(ODKL6RQWUDHLQH9HUUlWHULQLVW"´ ³$EVROXWVLFKHU´EHVWlWLJWH$ULNDZD³$OVOHW]WHU%HZHLVPDJGLH7DWVDFKHJHOWHQ GDHVLKUJHOXQJHQLVWGLHDXWRPDWLVFKH6SUHQJXQJYRQ0RZKDOO]XYHUKLQGHUQ´ 5RORQ3RKDWZDUEHUUDVFKW $ULNDZD ]QGHWH VLFK HLQH =LJDUHWWH DQ %HL GHQ HUVWHQ =JHQ ELOGHWH VLFK HLQH EODXH :RONH YRU VHLQHP .RSI (U EOLHV VLH DXVHLQDQGHU XQG ZHGHOWH GLH 5HVWH PLW GHU +DQGZHJ´ ³'HU /RUGDGPLUDO ZLOO (ODKL 6RQWUD DXV LKUHU 5HVHUYH ORFNHQ :LU PVVHQ PHKU EHU VLH ZLVVHQ XQG ZLU PVVHQ VLH ]ZLQJHQ ]X KDQGHOQ 1XU GHVKDOE KDEHQ ZLU 0RZKDOO DXIJHJHEHQ =ZHLIHOORV ZLUG VLH 3RLD +R\W EDOG YRUJHIKUW ZHUGHQGLHVH %HJHJQXQJN|QQWHVRJDUXQDQJHQHKPIUVLHZHUGHQ´ ³8QDQJHQHKP" :DUXP" :HQQ VLH IU +R\W DUEHLWHW EUDXFKW VLH LKQ QLFKW ]X IUFKWHQ´ ³6LH LVW QLFKW QXU IU GLH 862 XQG IU GHQ KLHVLJHQ *HKHLPGLHQVW WlWLJ VRQGHUQ GDUEHUKLQDXVZDKUVFKHLQOLFKDXFKQRFKIUGLHVRJHQDQQWH5HYROXWLRQlUH2SSRVLWLRQ GLHEHNDQQWOLFKYHUVXFKWGLHDPWLHUHQGH5HJLHUXQJ]XVWU]HQ´ ³$OOH $FKWXQJ (LQH WFKWLJH )UDX´ 5RORQ 3RKDW EHXJWH VLFK YRU XQG IUDJWH 6LH VLQGVLFKHUGDVLHOHEHQGLQGLH*HIDQJHQVFKDIWXQVHUHU)UHXQGHJHUDWHQLVW"´ ³:LU KDWWHQ HLQH 6SLRQNDPHUD LQ 0RZKDOO 0LW +LOIH GLHVHU (LQULFKWXQJ NRQQWHQ ZLU (ODKL 6RQWUD EHREDFKWHQ 6LH KDWWH HLQH NULWLVFKH 6LWXDWLRQ ]X EHUVWHKHQ DOV GLH
$OSKD$ODUP
M
$WODQ
$JHQWHQ YRQ GHU *HJHQVHLWH GLH 6WDWLRQ HUUHLFKWHQ XQG HLQGUDQJHQ 6LH KDW HV JHVFKDIIW 'DPLW KDW $WODQ GLH %HZHLVH GLH HU KDEHQ PXWH 'LHVH )UDX NDQQ XQV DXHURUGHQWOLFKH'LHQVWHOHLVWHQ´ ³'DVZLUGVLHMHW]WZRKONDXPQRFKWXQ´]ZHLIHOWH3RKDW $ULNDZDOlFKHOWHXQGXUFKVLFKWLJ ³0DQ PX VLFK GHVVHQ QLFKW LPPHU EHZXW VHLQ &DSWDLQ 'LH ZHUWYROOVWHQ /HLVWXQJHQHUEULQJHQRIWMHQHGLHPHLQHQY|OOLJIUHLXQGXQDEKlQJLJ]XVHLQ´ ³'DQQ PDFK¶V JXW 7lXEFKHQ´ PXUPHOWH 5RORQ 3RKDW ³'X KDVW HLQLJH UHFKW XQDQJHQHKPH7DJHYRUGLU´
³0LU LVW DEVROXW UlWVHOKDIW ZHU 0RZKDOO YHUUDWHQ KDW ,FK VHKH DXFK QRFK QLFKW ZHUVLFKHLQHQ9RUWHLOGDYRQYHUVSUHFKHQN|QQWHGDGLH6WDWLRQYHUQLFKWHWZRUGHQLVW :DVKDW3RLD+R\WYHUDQODWVRVFKQHOOXQGKDUW]X]XVFKODJHQ"´ )DVWKlWWHQVHLQH*LJDQWHQPLFKXPJHEUDFKW(VKDWQLFKWYLHOJHIHKOW(LQ*OFN GD(UWUXVHUVRXQJODXEOLFKVFKQHOOXQGSUl]LVHUHDJLHUHQN|QQHQ +DW GLH 5HYROXWLRQlUH 2SSRVLWLRQ¶ 0RZKDOO DXII OLHJHQ ODVVHQ XP 3RLD +R\W VR DE]XOHQNHQ"+DWVLHHVLQGHU+RIIQXQJJHWDQVFKQHOOHUDQGLH0DFKW]XNRPPHQ" 2GHUKDW$WODQ0RZKDOOVHOEVWDXIJHJHEHQ":HQQMDZHOFKHQ=ZHFNYHUIROJWHU GDQQGDPLW" 0LU EHKDJW QLFKW GD PLU GLH +lQGH JHEXQGHQ VLQG ,FK ZHUGH QLFKW PHKU DXVUHLFKHQG JXW XQG JHQDX JHQXJ LQIRUPLHUW 8QG GDV PDFKW PLFK XQVLFKHU 'LH /DJH LVWSO|W]OLFKlXHUVWJHIlKUOLFKIUPLFKJHZRUGHQ´ &RGH0./YRP-XOL²(UG]HLW
6LHKDWWH3RLD+R\WQLHDXVVWHKHQN|QQHQ $XFKMHW]WDOVHUOHLFKWQDFKYRUQJHQHLJWNHXFKHQGLP 5DXPDXIXQG DEJLQJ RKQHVLHGDEHLDXFKQXUHLQH6HNXQGHDXVGHQ$XJHQ]XODVVHQNDPHULKUDEVWRHQG XQGZLGHUZlUWLJYRU (ODKL6RQWUDVDLQHLQHPGHU6HVVHODXVHFKWHPHUWUXVLVFKHP/HGHU6LHIKOWH VLFKLQGLHVHP0|EHOVWFNQLFKWZRKO(VZDUYLHO]XJURIUVLH6HOEVWHLQ0DQQZLH 3ROD+R\WKlWWHLQLKPYHUPXWOLFKPHKU DOVDXVUHLFKHQG3ODW]JHKDEW'DEHLEHUUDJWH HUVLHXPIDVWHLQHQ0HWHU (ODKL 6RQWUD VFKOXJ GLH %HLQH EHUHLQDQGHU XQG OLH GLH )XVSLW]H DXIUHL]HQG ZLSSHQ'LHKHOOEODXHQ$XJHQGHVZHLEORQGHQ5LHVHQVWDUUWHQVLHDQDOVZROOWHHULKU ,QQHUVWHV QDFK DXHQ NHKUHQ (QGOLFK EOLHE GHU $EZHKUFKHI YRQ (UWUXV YRU VHLQHP $UEHLWVWLVFKVWHKHQ(UULFKWHWHVLFK]XVHLQHUYROOHQ*U|HYRQ0HWHUQDXI ³,FKKDEH6LHEHUVFKlW]W6RQWUD´VDJWH+R\WPLWKDUWHU6WLPPH ³:DVKlWWHLFKWXQVROOHQ",FKELQYRQGHP%HIHKO0RZKDOO]XUlXPHQHEHQVR EHUUDVFKWZRUGHQZLHGLHDQGHUHQ:DUXPPXWHPDQVRSO|W]OLFKDQJUHLIHQ"´ 6LHEHREDFKWHWHGDV*HVLFKWGHVDOWHQ(UWUXVHUVVHKUJHQDX ³0DQKlWWHPLFK]XPLQGHVWYRUKHUQRFKLQIRUPLHUHQN|QQHQ´
$OSKD$ODUP
M
$WODQ
3RLD+R\WZLVFKWHGHQ9RUZXUIPLWHLQHU+DQGEHZHJXQJKLQZHJ ³6LH VLQG XQJHVFKLFNW JHZHVHQ 6RQWUD 6LH KlWWHQ PHUNHQ PVVHQ GD 3RKDW ,KQHQQXUHLQHQ7DUQDXIWUDJJHJHEHQKDW´ ³6HLQH$QZHLVXQJHQNODQJHQVHKUORJLVFK´ ³'DVZDU:RKODXFK]XHUZDUWHQ´HUZLGHUWHGHU$OWHLURQLVFK6LHVLQGDXIHLQHQ JDQ] VLPSOHQ 7ULFN KHUHLQJHIDOOHQ :DUXP KDEHQ 6LH GHQ .RQWDNW ]X LKP DEEUHFKHQ ODVVHQ" 6LH KlWWHQ UHFKW]HLWLJ IOLHKHQ N|QQHQ ZHQQ 6LH HV QLFKW JHWDQ KlWWHQ -HW]W ZHL &DSWDLQ 3RKDW GD HU VLFK LQ ,KQHQ JHWlXVFKW KDW DOV HU 6LH IU HLQH OR\DOH 7HUUDQHULQKLHOW´ ³(UNDQQDXFKMHW]WQLFKWZLVVHQGDLFKIU6LHDUEHLWH´ ³(U ZLUG HV YHUPXWHQ 'HQQRFK ZHUGHQ ZLU 6LH RIIL]LHOO YHUKDIWHQ XQG LQ GDV 8QWHUVXFKXQJVJHIlQJQLV YRQ %DUHWXV HLQOLHIHUQ (QWVSUHFKHQGH 1DFKULFKWHQ DQ GLH 3UHVVHJHKHQQRFKKHXWHKHUDXV'DQDFKZHUGHQZLUZHLWHUVHKHQ¶µ (ODKL6RQWUDHUKREVLFK ³0XGDVVHLQ"´IUDJWHVLH³:DUXPZROOHQ6LHGDVWXQ"´ +R\WOlFKHOWH ³:HLW ZLU DXI JDU NHLQHQ )DOO ]XJHEHQ ZHUGHQ GD 6LH IU XQV DUEHLWHQ 0lGFKHQ´ 6LHQLFNWH]XVWLPPHQG6LHVDKHLQGD+R\WQLFKWDQGHUVKDQGHOQNRQQWH ³:HUKDW,KQHQGLH,QIRUPDWLRQHQEHU0RZKDOOJHJHEHQ"´ -HW]WODFKWH3RLD+R\WDXI ³2K6LHIUFKWHQZLUVHLHQDXIHLQHQ7ULFNGHU*HJHQVHLWHKHUHLQJHIDOOHQ"´ ³'DVZlUHLPPHUKLQP|JOLFK´ 'HUDOWH(UWUXVHUVFKWWHOWHGHQ.RSI ³%HLP *XORUW GDV LVW LQ GLHVHP )DOO Y|OOLJ DXVJHVFKORVVHQ 'LH 1DFKULFKW EHU 0RZKDOO NDP YRQ HLQHP $JHQWHQ GHU DEVROXW ]XYHUOlVVLJ LVW ,KP ILHO VLH DXI HLQHP EHIUHXQGHWHQ 3ODQHWHQ LQ GLH +lQGHXQWHU 8PVWlQGHQ GLH MHGH 0DQLSXODWLRQ DXVVFKOLHHQ²RGHU GRFK VHKU VHKU XQZDKUVFKHLQOLFK PDFKHQ 'DQDFK KDEHQ ZLU VRIRUW]XJHVFKODJHQ´ ³&DSWDLQ3RKDWZXUGHUHFKW]HLWLJJHZDUQW´ 3RLD+R\WUXQ]HOWHXQZLOOLJGLH6WLUQ ³'DVLVWULFKWLJ´JDEHU]XXQGVHW]WHVLFKKLQWHUVHLQHQ$UEHLWVWLVFK³$EHUDXFK GDPLWPXWHQZLUUHFKQHQ:LUZLVVHQGDZLU]XPLQGHVWHLQHQ6SH]LDOLVWHQGHU862 LQ XQVHUHQ HLJHQHQ 5HLKHQ KDEHQ (U KDW EDOG DXVJHVSLHOW :LU KDEHQ LKQ VFKRQ ]LHPOLFKZHLWHLQJHNUHLVW´ ³'DQQGUFNHLFK,KQHQGLH'DXPHQGD6LHLKQEDOGHUZLVFKHQ´ ³:HQQ 6LH HLQHQ 6LQQ GDULQ VHKHQ WXQ 6LH HV´ DQWZRUWHWH +R\W JOHLFKJOWLJ (U OHJWH VHLQH +DQG DXI HLQH 7DVWH XQG JDE²GLH $QZHLVXQJ (ODKL 6RQWUD LQV 8QWHUVXFKXQJVJHIlQJQLV GHU $EZHKU ]X EULQJHQ (U ]|JHUWH 'LH 7HUUDQHULQ ZUGH EOD ³%LWWH´ VDJWH VLH VFKQHOO ³9HU]LFKWHQ 6LH GDUDXI PLU PHLQHQ $QWLJUDYLWDWRU ]X QHKPHQ,FKZHUGHDXFKVRQLFKWYHUVXFKHQDXVGHP*HIlQJQLV]XIOLHKHQ´ 3RLD +R\W EOLFNWH VLH NDOW DQ (U EHUOHJWH 6FKOLHOLFK QLFNWH HU 'LH 0HVWL]LQ DWPHWH DXI 'DQQ VWLPPWH HV DOVR GRFK ZDV VLH EHU GLH 6LFKHUKHLWVPDQDKPHQ JHK|UW KDWWH GLH YRP GLNWDWRULVFKHQ *XORUW HUODVVHQ ZRUGHQ ZDUHQ 'DQDFK PXWHQ SROLWLVFKH *HIDQJHQH GLH QLFKW YRQ GLHVHP 3ODQHWHQ VWDPPWHQ LKUHQ
$OSKD$ODUP
M
$WODQ
6FKZHUNUDIWDXVJOHLFKHUDEJHEHQ0DQVHW]WHVLHGHU*UDYLWDWLRQYRQJDXVZHLOGDV GLHZLUNVDPVWH0HWKRGHZDUVLHDQGHU)OXFKW]XKLQGHUQ
3RLD+R\WEOLFNWHGHU7HUUDQHULQJUEHOQGQDFK(UJODXEWH]ZDUGDVLHIULKQ DUEHLWHWH VFKOR MHGRFK QLFKW DXV GD VLH DXFK QRFK 9HUELQGXQJHQ ]XU µ5HYROXWLRQlUHQ 2SSRVLWLRQ´ SIOHJWH (U VWDQG LP 'LHQVWH GHV 0LWUDXHQV 'DV ]ZDQJ LKQ MHGHQ DXFK QRFK VR NOHLQHQ XQG VFKHLQEDU XQEHGHXWHQGHQ =ZLVFKHQIDOO JHQDX ]X DQDO\VLHUHQ :HQQ GLH 862 HLQH 0LWDUEHLWHULQ IDOOHQOLH GLH VLH ELV GDKLQ IUOR\DO JHKDOWHQ KDWWH GDQQ PXWH VLH HLQHQ JDQ] EHVRQGHUHQ *UXQG GDIU KDEHQ 3RLD +R\W KDWWH VFKRQ ODQJH GDUDXI JHZDUWHW GD GLH 862 YHUVXFKHQ ZUGH 9HUELQGXQJ PLW GHU ³5HYROXWLRQlUHQ2SSRVLWLRQ´DXI]XQHKPHQ+DWWHGLH862MHW]WGHQHUVWHQ6FKULWWGD]X JHWDQ" 2GHU KDWWH PDQ HLQH OlVWLJ JHZRUGHQH $JHQWLQ EHL SDVVHQGHU *HOHJHQKHLW DEJHVFKWWHOW" 'HU $EZHKUFKHI EHVFKOR GLH ZHLWHUHQ (UHLJQLVVH DE]XZDUWHQ 6HLQHU $QVLFKW QDFK EHIDQG HU VLFK LQ GHU VWlUNHUHQ 3RVLWLRQ 'LH 862 PXWH YHUVXFKHQ LKQ ]X EHVWLPPWHQ 5HDNWLRQHQ ]X ]ZLQJHQ :HQQ HU MHGHQ 6FKULWW VRUJIlOWLJ JHQXJ HUZRJ NRQQWHHLJHQWOLFKQLFKWVJHVFKHKHQ 'DV5XIOLFKWXQWHUHLQHP%LOGVFKLUPIODPPWHDXI +R\WVFKDOWHWHGDV*HUlWHLQ ³:DVJLEWHV"´IUDJWHHUXQZLOOLJ 6HLQH 0LHQH KHOOWH VLFK HWZDV DXI DOV HU GDV *HVLFKW VHLQHV 6WHOOYHUWUHWHUV +DUDQ/XKXUWVDK 'LHEHLGHQ0lQQHUEHJUWHQVLFKPLWHLQHUIOFKWLJHQ*HVWH ³0HOGHVW'X'LFKQXUZHLOGXZLHGHULP/DQGHELVW"´IUDJWH+R\W ³1LFKW QXU´ HQWJHJQHWH /XKXUW ³,FK ELQ YRU HLQHU KDOEHQ 6WXQGH DXI GHP 5DXPKDIHQJHODQGHW.XU]EHYRULFKLKQYHUOLHHUKLHOWLFKGLH1DFKULFKWGDVLFKGDV 5DXPVFKLII+$33 PLW HLQHP DQGHUHQ(UWUXVHUUHGHQ 'HU5RERWPHQVFKJULQVWH7HNHQHU]XXQGNHKUWHZLHGHU]X(ODKL6RQWUD]XUFN (UIOVWHUWHLKUHWZDV]X6LHODFKWHKHOODXIXQGVWULFKLKPPLWGHU+DQGEHUGHQ.RSI ³6HKWHXFKGLH7XUWHOWlXEFKHQDQ´ULHI6EX.HLOHUJULQVHQG³+HZDUXPJHKWLKU QLFKWQDFKKLQWHQ":LUKDEHQHLQH6SH]LDONDPPHUIU9HUOLHEWH´ .HQQRQ IXKU EOLW]VFKQHOO KHUXP 6HLQH +DQG ]XFNWH KRFK XQG KROWH ]X HLQHP 6FKODJ DXV GHU GHQ (UWUXVHU QLHGHUJHVWUHFNW KlWWH 5RQDOG 7HNHQHU ZDU MHGRFK VFKQHOOHU%HYRUGHU5RERWPHQVFKVHLQHEHUUDJHQGHQ.UlIWHGHPRQVWULHUHQNRQQWH² XQGGDPLWDOOHV]HUVW|UWKlWWH²ILHOHULKPLQGLH$UPH(UVWHOOWHVLFK]ZLVFKHQ.HQQRQ XQG .HLWHU %HUXKLJHQG OlFKHOWH HU GHP )UHXQG ]X 'LHVHU OHJWH LKP GLH +DQG DXI GLH 6FKXOWHUEHVDQQVLFKDEHUQRFKUHFKW]HLWLJGDUDXILKQQLFKWDXVGHP:HJ]XVWRHQ 3ORW]OLFKJLQJHLQMXQJHQKDIWHV/lFKHOQEHUGDV*HVLFKW5HQQHQV ³'XELVWQRFK]XMXQJXQG]X]DUWIUHLQHDXVJHZDFKVHQH6FKOlJHUHL´VDJWHHU ]XGHP(UWUXVHU³,FKP|FKWHGLFKQLFKW]XP.USSHOPDFKHQ'XKDVWVFKOLHOLFKQRFK HLQLJH-lKUFKHQYRUGLU´ 'LH (UWUXVHU NUPPWHQ VLFK YRU /DFKHQ $XFK 7HNHQHU YHU]RJ GLH /LSSHQ REZRKO HU DOV HLQ]LJHU ZXWH GD .HQQRQ VHLQH :RUWH HUQVW JHPHLQW KDWWH (U ZlUH WDWVlFKOLFK LQ GHU /DJH JHZHVHQ 6EX .HLWHU ]X ]HUWUPPHUQ 6RUJIlOWLJ EHREDFKWHWH GHU /lFKHOQGH GHQ )UHXQG (U VSUWH GD GLHVHU VLFK LQ HLQHU JHIlKUOLFKHQ .ULVH EHIDQG GLH GXUFK GHQ JHULQJVWHQ9RUIDOOEHGURKOLFK YHUVFKlUIW ZHUGHQ NRQQWH .HQQRQ EHKHUUVFKWH VLFK QXU QRFK PKVDP 6HLQH VR VFKHU]KDIW NOLQJHQGH 'URKXQJ EHUWQFKWHGLH6SDQQXQJHQLQVHLQHP,QQHUQ 'HU5RERWPHQVFKJOLFKHLQHP9XONDQGHUMHGHU]HLWDXVEUHFKHQNRQQWH 7HNHQHUEHREDFKWHWHZLH(ODKL6RQWUDQDFKGHU+DQG.HQQRQVJULIIXQGLKQDQ LKUH6HLWHKHUDE]RJ6LHVFKLHQ]XIKOHQZLHHVXPLKQVWDQGREJOHLFKVLHQLFKWDKQHQ NRQQWHZLHJHIlKUOLFKGLH6LWXDWLRQIUVLHDOOHWDWVlFKOLFKZDU 'LH8UVDFKHIUGLHEHJLQQHQGH.ULVHODJZHLW]XUFN 6LQFODLU 0DURXW .HQQRQ ZXUGH DP -XOL DXI 7HUUD JHERUHQ DEHU GLHVHU 7DJEHGHXWHWHLKPQLFKWV(UVSUDFKQLHYRQLKPGHQQIULKQZDUVHLQH³]ZHLWH*HEXUW´ ZLFKWLJHU 6LH KDWWH PLW GHU RSHUDWLYHQ (QWIHUQXQJ VHLQHV *HKLUQV DXV VHLQHP HUVWHQ .|USHUDP$XJXVWEHJRQQHQ =ZLVFKHQGLHVHQ EHLGHQ 'DWHQ KDWWHHLQH=HLW YROOHU 4XDOHQ XQG 'HPWLJXQJHQ JHOHJHQ .HQQRQ KDWWH LQ HLQHP JQRPHQKDIWHQ lXHUVW KlOLFKHQ .|USHU JHOHEW %HL DOOHU *HQLDOLWlW ZDU HV LKP QLHPDOV JHOXQJHQ GLH PHQVFKOLFKHQ 9HUELQGXQJHQ ]X DQGHUHQ 0lQQHUQ XQG )UDXHQ DXI]XEDXHQ QDFK GHQHQ HU VLFK VR VHKQWH )UDXHQ ZDUHQIULKQZLH:HVHQYRQDQGHUHQ3ODQHWHQJHZHVHQ$EVROXWXQHUUHLFKEDU
$OSKD$ODUP
M
$WODQ
6R ZDUHQ VHLQH JHIlKUOLFKHQ 9HUZXQGXQJHQ IU LKQ¶ IDVW ZLH HLQH (UO|VXQJ JHZHVHQ$OVGHUJHQLDOH.ULPLQDOLVWXQG+LVWRULNHU$QIDQJ$XJXVW7DKXQHUUHLFKW KDWWH ZDU QXU QRFK GDV *HKLUQ LQ HLQHP VRQVW Y|OOLJ YHUNRKOWHQ .|USHU DP /HEHQ JHZHVHQ 'HQ 0HGL]LQHUQ KDWWH VLFK QXU HLQ HLQ]LJHU $XVZHJ JHERWHQ²GDV *HKLUQLQ HLQHQ5RERWN|USHUHLQ]XSIODQ]HQ'DIUZDUGLHJHQLDOVWH.RQVWUXNWLRQGHU0HQVFKKHLW JHZlKOWZRUGHQ 1DFK GHU ]ZHLWHQ ³*HEXUW´ KDWWH .HQQRQ EHU HLQHQ .|USHU YHUIJW GHU DOOH $WWULEXWHPlQQOLFKHU6FK|QKHLWEHVD-HW]WKDWWHHUDOOHbXHUOLFKNHLWHQQDFKGHQHQHU VLFK YRUKHU VR VHKU JHVHKQW KDWWH 6HOEVW PLW UDIILQLHUWHVWHU 7HFKQLN ZDU VHLQH ³9ROOSURWKHVH´QLFKWDOV5RERWN|USHU]XHQWODUYHQ 'DV *HKLUQ ZDU Y|OOLJ DXWDUN (V OHEWH XQG DUEHLWHWH VR DOV RE HV VLFK QRFK LQ HLQHP RUJDQLVFK JHZDFKVHQHQ .|USHU EHIlQGH 'HU JHQLDOH *HLVW ZDU HUKDOWHQ JHEOLHEHQ²PLW DOO VHLQHQ 6FKZlFKHQ *HZLVVH .RPSOH[H KDWWH .HQQRQ QLHPDOV EHUZLQGHQN|QQHQ 6R EHVWDQG QDFK ZLHYRU HLQH EHUVSLW]WH$EQHLJXQJ JHJHQDOOHV +lOLFKH´'D HU VLFK DOV 0HQVFK IKOWH DEHU ZXWH GD OHGLJOLFK VHLQ +LUQ YRQ GHP XUVSUQJOLFKPHQVFKOLFKHQ.|USHUEULJJHEOLHEHQZDUEHPKWHHUVLFKVWlQGLJVRZHLW ZLH P|JOLFK YRQ 5RERWHUQ DE]XUFNHQ 7DWVlFKOLFK KDWWH HU HLQHQ DEJUXQGWLHIHQ +D JHJHQGLHVH$XWRPDWHQHQWZLFNHOWGLHPLWLKPGHQ.|USHUJHPHLQKDWWHQ (LQDQGHUHV3UREOHPEHODVWHWHLKQMHGRFKQRFKPHKU 1DFKGHU2SHUDWLRQKDWWHQGLH:LVVHQVFKDIWOHUDXI7DKXQYHUEOIIWIHVWJHVWHOOW GDGLH*HIKOVZHOW.HQQRQVHUKDOWHQJHEOLHEHQZDUREZRKOHVGLHIUKHUHKRUPRQHOOH 6WHXHUXQJGHV.|USHUVQLFKWPHKUJDE6LHKDWWHQDOV8UVDFKHGDIUHLQHYRUKHUQLFKW HUNDQQWH 0XWDWLRQ GHV *HKLUQV HUPLWWHOW 6R ZDUHQ DXFK VH[XHOOH 7ULHEH YRQ GHU 2SHUDWLRQXQEHHLQIOXWJHEOLHEHQ =XQlFKVW KDWWHQ GLH 0HGL]LQHU HLQH HUQHXWH 2SHUDWLRQ HUZRJHQ ]XPDO .HQQRQ VLFK DOV SV\FKLVFK l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lUH VLQQORV JHZHVHQ DQ .HQQRQV 9HUQXQIW ]X DSSHOLHUHQ 'HU )UHXQG KDWWH NHLQH *HZDOW EHU VHLQH PXWLHUWHQ 6LQQH 6LH ZDUHQ VR XQHUUHLFKEDUIULKQZLHGDV8QWHUEHZXWVHLQ(UNRQQWHQXUDEZDUWHQXQGYHUVXFKHQ GLH0HVWL]LQXQGGHQ5RERWPHQVFKHQEHKXWVDPYRQHLQDQGHU]XWUHQQHQ $EHUPDOV ZXUGH GDV 8%RRW HUVFKWWHUW (ODKL 6RQWUD NLSSWH JHJHQ .HQQRQ )U OHJWHGHQ$UPXPVLHXQG]RJVLHHQJDQVLFK ³:LUVLQGGD´VDJWH6EX.HOWHU
6LH PXWHQ HLQ]HOQ GXUFK GLH 6FKOHXVH JHKHQ XP LQ GHQ /HLFKWHQ .UHX]HU ]X
$OSKD$ODUP
M
$WODQ
NRPPHQ (LQHQ DQGHUHQ (LQJDQJ JDE HV QLFKW ZLH 6EX .HLOHU EHKDXSWHWH 7HNHQHU EHWUDWGDV5DXPVFKLIIXQPLWWHOEDUKLQWHULKP ³(LJHQWOLFK ZROOWH GHU &KHI 6LH KLHU HPSIDQJHQ´ HUNOlUWH .HLWHU ³DEHU LFK KDEH JHUDGH HUIDKUHQ GD HU YHUKLQGHUW LVW (U OlW VLFK HQWVFKXOGLJHQ XQG ELWWHW 6LH LQ GLH =HQWUDOH]XNRPPHQ´ .HQQRQ XQG GDV 0lGFKHQ YHUOLHHQ GLH 6FKOHXVH 6LH KDWWHQ VLFK VR HQJ DQHLQDQGHUJHGUlQJWGDVLHVLH]XVDPPHQKDWWHQSDVVLHUHQN|QQHQ ³'DQQ N|QQHQ ZLU MD JHKHQ´ VDJWH 6EX .HOWHU PLW HLQHP YHUVWHFNWHQ /lFKHOQ 7HNHQHU EHGDXHUWH GD HU GLH NXU]H =HLW LQ GHU HU DOOHLQ PLW GHP (UWUXVHU JHZHVHQ ZDUQLFKWIUHLQH:DUQXQJJHQXW]WKDWWH-HW]WZDUHV]X6SlW 'HU (UWUXVHU IKUWH VLH GXUFK GDV 6FKLII GHP PDQ MHW]W QLFKW PHKU DQVHKHQ NRQQWH GD HV HLQPDO Y|OOLJ EHUIOXWHW JHZHVHQ ZDU 1LFKWV LQ VHLQHP ,QQHUQ GHXWHWH GDUDXIKLQZRHVVLFKEHIDQG ,Q GHU =HQWUDOH VDHQ HLQLJH 0lQQHU DQ HLQHP .RQIHUHQ]WLVFK (LQHU YRQ LKQHQ HUKREVLFKVRIRUWDOVGLH7HUUDQHUHLQWUDWHQ7HNHQHUHUNDQQWH1RV9LJHODQGLQLKP(U KDWWH YRQ GLHVHP 0DQQ ELVKHU QXU %LOGHU JHVHKHQ (U VWHOOWH IHVW GD GLH $XIQDKPHQ JXWJHOXQJHQZDUHQ ³:LOONRPPHQ DQ %RUG´ VDJWH 9LJHODQG HLQ ULHVHQKDIWHU 0DQQ PLW DXIIDOOHQG EUHLWHQ 6FKXOWHUQ XQG HLQHP NDQWLJHQ *HVLFKW GDV :LOOHQVNUDIW XQG (QWVFKORVVHQKHLW YHUULHW ³'DQNH´ HQWJHJQHWH 7HNHQHU ³(V ZDU QLFKW JDQ] OHLFKW ]X ,KQHQ ]X NRPPHQ 'LHKLHVLJH$EZHKUKDWWHHLQLJH+LQGHUQLVVHDXIJHEDXW´ 1RV9LJHODQGODFKWHGU|KQHQG ³:LH LFK 3RLD +R\W NHQQH ZLUG HU VLFK MHW]W YRU :XW KDOE XPEULQJHQ´ ULHI HU 6HLQH %OLFNH ULFKWHWHQ VLFK DXI (ODKL 6RQWUD ³,FK KDEH LQ]ZLVFKHQ JHK|UW 0lGFKHQ GD 6LH HLQHQ 3HLOVHQGHU LP 5FNHQ KDWWHQ (U ZXUGH HQWIHUQW ,FK KRIIH VHKU IU 6LH GD6LHYRQGHP'LQJQLFKWVJHZXWKDEHQ´ ³6LHZDUY|OOLJDKQXQJVORV´HUNOlUWH.HQQRQVFKQHOO 9LJHODQGEOLFNWHLKQEHUUDVFKWDQ)UVWMHW]WEHPHUNWHHUGD.HQQRQGLH+DQG GHU0HVWL]LQKLHOW ³6FKRQ JXW´ VDJWH HU NDXP YHUVWlQGOLFK 9RQ MHW]W DQ VSUDFK HU QXU QRFK PLW 7HNHQHU.HQQRQEHDFKWHWHHUQLFKWPHKU (UERW7HNHQHU3ODW]DQXQGOLHLKPHWZDV]XWULQNHQUHLFKHQ'DQQVWLHHUPLW LKP DQ XQG ZLHGHUKROWH VHLQHQ :LOONRPPHQVJUX 'HU 2EHUVW ZDUWHWH DE (U ZDU HLQ ZHQLJEHUUDVFKWEHUGLH+|IOLFKNHLWGHV2SSRVLWLRQVIKUHUV$WODQKDWWHLKQDXIHLQHQ HWZDVDQGHUHQ(PSIDQJYRUEHUHLWHW1RV9LJHODQGNRQQWHlXHUVWKDUWXQGUFNOLFKWORV VHLQ'DVZDUEHNDQQW(UJDOWDOVQLFKWEHVRQGHUVXPJlQJOLFK ³,FK ZHUGH ,KQHQ DP EHVWHQ HUVW HLQPDO ,KUH 4XDUWLHUH ]HLJHQ ODVVHQ´ VDJWH 9LJHODQG³'DQDFKN|QQHQZLUXQVDXVIKUOLFKXQWHUKDOWHQ0U7HNHQHUµ ³(LQYHUVWDQGHQ´HQWJHJQHWHGHU7HUUDQHU 9LJHODQG PDFKWH HLQH EHIHKOHQGH *HVWH ]XP $XVJDQJVVFKRWW ZR HLQ (UWUXVHU ZDUWHWH .HQQRQ XQG (ODKL 6RQWUD YHUOLHHQ GLH =HQWUDOH 'HU &KHI GHU 5HYROXWLRQlUH OHJWH7HNHQHUGLH+DQGDXIGLH6FKXOWHU ³6LHZLVVHQZDVLFKYRQ,KQHQHUZDUWH0U7HNHQHU"´ ³,FKJODXEHMD´ ³8QV VLQG XPIDQJUHLFKH ILQDQ]LHOOH 0LWWHO ]XJHVDJW ZRUGHQ :LU EHQ|WLJHQ VLH
$OSKD$ODUP
M
$WODQ
GULQJHQGIUGLH5HYROXWLRQ:LUN|QQHQQLFKWPHKUOlQJHUZDUWHQ0U7HNHQHU´ ³:LUN|QQHQLQV*HVFKlIWNRPPHQ´ 9LJHODQG VWDUUWH GHQ 7HUUDQHU GXUFKGULQJHQG DQ 7HNHQHU KLHOW GHP %OLFN VWDQG (UOlFKHOWH(VZDUHLQJDQ]EHVRQGHUHVJHIlKUOLFKHV/lFKHOQGDVGHP(UWUXVHUVRIRUW YHUULHW PLW ZHP HU HV ]X WXQ KDWWH ³7KH VPLOHU´ OLH HUNHQQHQ GD HU GXUFK QLFKWV HLQ]XVFKFKWHUQ ZDU 1RV 9LJHODQG KDWWH VHLQH 9HUKDQGOXQJVSRVLWLRQ QLFKW GDGXUFK YHUEHVVHUW GD HU 7HNHQHU XQG .HQQRQ LQ GLHVH )DOOH 0HWHU XQWHU GHP 0HHUHVVSLHJHOJHKROWKDWWH %LVMHW]WKDWWH$WODQGHQ2SSRVLWLRQVIKUHUDXFKQLFKWDQQlKHUQGZLVVHQODVVHQ ZRGLH*HOGHUZDUHQPLWGHQHQGHU$XIVWDQGJHJHQGHQGLNWDWRULVFKHQ*XORUWILQDQ]LHUW ZHUGHQ VROOWH 9LJHODQG ZXWH OHGLJOLFK GD VLH VLFK EHUHLWV DXI (UWUXV EHIDQGHQ 9RQ 7HNHQHUXQG.HQQRQHUKRIIWHHUVLFKQlKHUH,QIRUPDWLRQHQ (U ZlKQWH VLFK LQ GHU VWlUNHUHQ 9HUKDQGOXQJVSRVLWLRQ XQG JODXEWH YHUPXWOLFK RKQHZHVHQWOLFKH=XJHVWlQGQLVVHDQGHQ0LOOLDUGHQVFKDW]NRPPHQ]XN|QQHQ /RUGDGPLUDO $WODQ ZDU VLFK OlQJVW GDUEHU LP NODUHQ GD 1RV 9LJHODQG DOOHV YHUVXFKHQ ZUGH IU GDV 6RODUH ,PSHULXP ZLFKWLJH $EPDFKXQJHQ ]X XPJHKHQ 'HVKDOE KDWWH HU DXFK VR SURPSW UHDJLHUW DOV GLH 862 LKQ DXI 8PZHJHQ GDUEHU LQIRUPLHUW KDWWH GD 7HNHQHU .HQQRQ XQG (ODKL 6RQWUD DXV GHU +DIWDQVWDOW EHIUHLW ZHUGHQPXWHQ ³:LU PVVHQ LQV *HVFKlIW NRPPHQ 0U 7HNHQHU´ HUNOlUWH 9LJHODQG QDFKGUFNOLFK ³:LU PVVHQ ,VW HV ULFKWLJ GD GLH *HOGHU VLFK EHUHLWV DXI (UWUXV EHILQGHQ"´ 7HNHQHUQLFNWH ³+DQGHOWHVVLFKXP%DUJHOG0U7HNHQHU"´ ³6LHJODXEHQGDLFKEHUDOOHVLQIRUPLHUWELQ"´ ³6HOEVWYHUVWlQGOLFK VRQVW ZlUH HV ,KQHQ NDXP JHOXQJHQ ELV KLHUKHU YRU]XGULQJHQ,FKZHLQLFKWZHOFKHU$UW,KUH9HUELQGXQJHQ]XU 862XQG/RUGDGPLUDO $WODQ VLQG DEHU LFK ]ZHLIOH QLFKW GDUDQ GD 6LH OHJLWLPLHUW VLQG LP 1DPHQ GHV $UNRQLGHQPLWXQV]XYHUKDQGHOQ´VDJWHGHU2SSRVLWLRQVIKUHU'LH$UWZLHHUVSUDFK OLHVHKUGHXWOLFKHUNHQQHQGD7HNHQHUXQG.HQQRQLQDXVVLFKWVORVHU3RVLWLRQZDUHQ IDOOVVLHGLH(UZDUWXQJHQGHV(UWUXVHUVQLFKWHUIOOHQNRQQWHQ ³6LH LUUHQ VLFK QLFKW¶ HUZLGHUWH 5RQDOG NKO 'DV /lFKHOQ DXI VHLQHP *HVLFKW YHUWLHIWHVLFK(LQHLJHQDUWLJHVGURKHQGHV/LFKWVWDQGLQVHLQHQ$XJHQ'LH:RUWHGHV 2SSRVLWLRQVIKUHUV VFKLHQHQ LKQ QLFKW ]X EHHLQGUXFNHQ XQG GLH 'URKXQJ GLH GDKLQWHU VWDQGQLFKW]XEHUKUHQ ³6DJHQ6LHPLUZRGDV*HOGLVW0U7HNHQHU´ ³'DV ZHUGH LFK WXQ DEHU QLFKW MHW]W 9RUKHU VLQG QRFK HLQLJH 'LQJH ]X NOlUHQ´ VDJWH 7HNHQHU ³8P ,KUH 1HXJLHUGH HLQ ZHQLJ ]X EHIULHGLJHQ %HL GHQ 0LOOLDUGHQ 6RODUGLH,KQHQ]XU9HUIJXQJJHVWHOOWZHUGHQVROOHQKDQGHOWHVVLFKEHUZLHJHQGXP +RZDOJRQLXP´ ³'DV LVW JXW¶ DQWZRUWHWH 9LJHODQG HUOHLFKWHUW ³2KQH +RZDOJRQLXP N|QQWHQ ZLU QXU ZHQLJ DXVULFKWHQ :LU EHQ|WLJHQ HV GULQJHQG IU DOOH *HUlWH GLH DXI IQIGLPHQVLRQDOHU(EHQHDUEHLWHQ´ ³'HU5HVWEHVWHKWDXVWHUUDQLVFKHQ6RODUQRWHQ´ 1RV 9LJHODQG VFKLHQ ]XIULHGHQ ]X VHLQ (U QLFNWH PHKUPDOV XQG WHLOWH GHQ DQGHUHQ (UWUXVHUQ LQ GHU =HQWUDOH PLW ZDV HU HUIDKUHQ KDWWH $OV 7HNHQHU ]XP
$OSKD$ODUP
M
$WODQ
$XVJDQJVVFKRWWJHKHQZROOWHNDPHLQZHLWHUHU(UWUXVHUKHUHLQ'HU7HUUDQHUHUNDQQWH 5XQHPH 6KLOWHU LQ LKP GHQ 0DQQ GHU QHEHQ 9LJHODQG XQG 7HUVHU )UDVFDWL HLQH IKUHQGH 5ROOH LQ GHU 5HYROXWLRQlUHQ 2SSRVLWLRQ VSLHOWH 6KLOWHU EHJUWH LKQ lXHUVW IUHXQGOLFKXQGOXGLKQ]XHLQHP(VVHQLQVHLQHU.DELQHHLQ ³,FK ZUGH JHUQ HLQPDO ZLHGHU PLW HLQHP 0DQQ UHGHQ PLW GHP PDQ DXFK *HVSUlFKHDEVHLWVGHU3ROLWLNIKUHQNDQQ´VDJWHHUODFKHQG³:HQQPDQVRODQJHPLW 9LJHODQGXQG)UDVFDWL]XVDPPHQLVWGDQQJODXEWPDQVFKOLHOLFKGD(UWUXVGLHJDQ]H *DOD[LVLVW´ 9LJHODQGODFKWH(UNORSIWH6KLOWHUDXIGLH6FKXOWHU ³(UZDUWHQ 6LH QXU NHLQH LQWHUHVVDQWHQ *HVSUlFKH PLW LKP 0U 7HNHQHU 2KQH 3ROLWLN JHKW¶V K|FKVWHQV ]HKQ 0LQXWHQ GDQDFK LVW HU ZLHGHU EHL VHLQHP /HLEXQG 0DJHQWKHPD´ ³+DXSWVDFKHGDV(VVHQLVWJXW¶HQWJHJQHWH7HNHQHU ³%HIUFKWXQJHQ GLHVHU $UW LQ XQVHUHP .UHLVH ]X KHJHQ JUHQ]W DQ %ODVSKHPLH´ VDJWH9LJHODQGXQGODFKWHDEHUPDOV(UVDKMHW]WNHLQHVZHJVEHVRQGHUVJHIlKUOLFKDXV DEHU7HNHQHUOLHVLFKQLFKWWlXVFKHQ(UZDUYRUJHZDUQWZRUGHQ
7HNHQHU GXVFKWH VLFK DE OLH VLFK YRQ KHLHU /XIW WURFNQHQ XQG NOHLGHWH VLFK GDQQ ZLHGHU DQ 'DEHL EHREDFKWHWH HU GHQ 5RERWPHQVFKHQ GHU VLQQLHUHQG DXI HLQHU /LHJHUXKWHXQGLQGLH/XIWVWDUUWH .HQQRQKDWWHVHLWIDVWHLQHU6WXQGHNHLQ:RUWJHVSURFKHQ ³:DVKlOWVWGXYRQ(ODKL7HN"´IUDJWHGHU.RVPR.ULPLQDOLVWSO|W]OLFK(UULFKWHWH VLFKVFKQHOODXIXQG EOLFNWH7HNHQHUDQ,Q VHLQHP*HVLFKWVSLHJHOWHQ VLFKGLH LQQHUHQ 6SDQQXQJHQZLHGHU 'HU 2EHUVW ]QGHWHVLFK HLQH =LJDUHWWH DQ (U VHW]WH VLFK.HQQRQJHJHQEHU LQ HLQHQ6HVVHO'LH)UDJHYHUULHWLKPGDGHU)UHXQGVLFKEHUHLWVWLHILQGHU.ULVHEHIDQG 6LQFODLU KlWWH ZLVVHQ PVVHQ GD VLH KLHU QLFKW XQEHREDFKWHW ZDUHQ 'HU 5DXP ZDU ]ZHFNPlLJXQGHLQIDFKHLQJHULFKWHWZLHHVDXFKDXIHLQHP5DXPVFKLIIEOLFKZDU(U ERW QLFKW VHKU YLHO .RPIRUW 'HQQRFK JDE HV XQ]lKOLJH 9HUVWHFNH IU $EK|UJHUlWH XQG %HREDFKWXQJVLQVWUXPHQWH .HQQRQ KDWWH GHQ 5DXP QRFK QLFKW XQWHUVXFKW 8QWHU DQGHUHQ8PVWlQGHQSIOHJWHHUGDVDXWRPDWLVFK]XWXQ -HW]W VWHOOWH HU HLQH )UDJH GLH 7HNHQHU QLFKW EHDQWZRUWHQ NRQQWH RKQH HLQHP HYHQWXHOOHQ/DXVFKHUHLQH,QIRUPDWLRQ]XJHEHQ 7HNHQHU EHVFKOR VHKU JH]LHOW ]X DQWZRUWHQ XQG (ODKL 6RQWUD QRFK VWlUNHU LQ GHQ 3ODQ ]X LQWHJULHUHQ (U PXWH 1RV 9LJHODQG ]ZLQJHQ GHP 6RODUHQ ,PSHULXP GLH HQWVFKHLGHQGHQ=XJHVWlQGQLVVH]XPDFKHQGLHGDV*HJHQJHZLFKWIUGLHWHUUDQLVFKH 8QWHUVWW]XQJ GHU 5HYROXWLRQ GDUVWHOOHQ VROOWHQ 1LHPDQG GDFKWH GDUDQ GHU 5HYROXWLRQlUHQ2SSRVLWLRQ0DFKWLQGLH+DQG]XJHEHQRKQHJOHLFK]HLWLJ6LFKHUXQJHQ HLQ]XEDXHQ'DVGLNWDWRULVFKH5HJLPHGHV*XORUWVROOWHEHHQGHWZHUGHQDEHUQLHPDQG NRQQWHHLQ,QWHUHVVHGDUDQKDEHQGDIUHLQHXQNRQWUROOLHUWH0DFKWHLQ]XVHW]HQ ³,FK ELQ IURK GD (ODKL EHL XQV LVW VDJWH 5RQDOG ³6LH PX XQV QRFK HLQ SDDU =XVDW]GDWHQJHEHQGDPLWZLUZHLWHUNRPPHQ´ .HQQRQ EOLFNWH DXI (U ZDU HWZDV YHUZLUUW GD HU PLW HLQHU DQGHUHQ $QWZRUW DXI VHLQH)UDJHJHUHFKQHWKDWWH(UEHQ|WLJWHUHODWLYODQJHELVHUGHQ*HGDQNHQ7HNHQHUV
$OSKD$ODUP
M
$WODQ
HUIDWH(UOlFKHOWHQHUY|V ³'X PHLQVW SRVLWURQLVFKH 6FKOVVHOGDWHQ ]XP 2IIQHQ GHU KRFKHQHUJHWLVFKHQ $EVFKLUPXQJHQ"´ ³9LHOOHLFKW¶HQWJHJQHWH7HNHQHUXQEHVWLPPW
(ODKL6RQWUD]XFNWHHUVFKUHFNW]XVDPPHQDOVHVDQGHU7UNORSIWH ³-D"´ULHIVLH 6LQFODLU0DURXW.HQQRQWUDWHLQ6LHDWPHWHHUOHLFKWHUWDXI ³2K GX´ VDJWH VLH JLQJ LKP HQWJHJHQ VFKODQJ LKUH $UPH XP VHLQHQ +DOV XQG NWHLKQ³,FKKDEHVFKRQDXIGLFKJHZDUWHW´ (UYHUVFKORLKUGLH/LSSHQPLWZHLWHUHQ.VVHQ'LH0HVWL]LQSUHWHVLFKIHVWDQ LKQ 6LH VSUWH GLH ZLOGH /HLGHQVFKDIW GLHVHV 0DQQHV XQG WULXPSKLHUWH 6LH HUNDQQWH QLFKW GD VLH VLFK YRQ HLQHP 5RERWN|USHU OLHENRVHQ OLH VRQGHUQ ZDU IHVW GDYRQ EHU]HXJWHLQHQYROOZHUWLJHQ0DQQYHUIKUW]XKDEHQ 6FKOLHOLFKGUlQJWHVLHLKQVDQIW]XUFN6LHVFKWWHOWHGHQ.RSI ³6LQFODLU´IOVWHUWHVLH³0LUJHIlOOWGDVDOOHVQLFKW´ ³:DVJHIlOOWGLUQLFKW"´ ³'LHJHVDPWH6LWXDWLRQKLHUDQ%RUG,FKP|FKWHZHJ´ ³:HJ":RKLQ"´ ³$XI MHGHQ )DOO µUDXV KLHU ,FK IKOH GD 1RV 9LJHODQG XQG GLH DQGHUHQ XQV PLU EHUYRUWHLOHQZROOHQ6LHZROOHQZLVVHQZRGDV*HOGLVW:HQQVLHHVHUIDKUHQKDEHQ GDQQZHUGHQVLHXQVXPEULQJHQ´ ³1HLQGDVZHUGHQVLHQLFKWWXQ´ ³,FKKDEH$QJVW6LQFODLU´ .HQQRQ VWDUUWH VLH DQ DOV KDEH HU VLH QLH JHVHKHQ 6HLQH /LSSHQ EHEWHQ (ODKL 6RQWUDPHUNWHGDVLHLKQDQGHUULFKWLJHQ6WHOOHJHSDFNWKDWWH'HXWOLFKHUDOVMH]XYRU VSUWHVLHGD.HQQRQLKUYHUIDOOHQZDU,KUH:RUWHUWWHOWHQLKQDXIXQGYHUVW|UWHQLKQ ³'XEUDXFKVWNHLQH$QJVW]XKDEHQ,FKEHVFKW]HGLFK´ ³:DVZLOOVWGXJHJHQGLH(UWUXVHUWXQ"'XZlUHVWPDFKWORVJHJHQVLH´ 6LQFODLU0DURXW.HQQRQVFKWWHOWHGHQ.RSI(UOHKQWHVLFKJHJHQGLH:DQGXQG NUHX]WHGLH$UPHYRUGHU%UXVW ³,FKNDQQMHGHQ(UWUXVHULP.DPSIEHUZLQGHQ(ODKLVRXQJODXEOLFKHVNOLQJHQ PDJ,FKKDEHHLQH6SH]LDODXVELOGXQJJHQRVVHQ´ 6LH OlFKHOWH ZHLO VLH VLFK QLFKW YRUVWHOOHQ NRQQWH GD HLQ 0DQQ GHU (UGH HLQHQ (UWUXVHUEHVLHJHQN|QQWH ³'X ODFKVW"´6HLQH6WLPPH NODQJVFKULOO .HQQRQIKOWHGHQ %RGHQXQWHU VHLQHQ )HQVFKZLQGHQ(UZHKUWHVLFKGDJHJHQ DEHUNRQQWHQLFKWVJHJHQGDVEHJLQQHQGH &KDRV WXQ (U YHUORU GLH *HZDOW EHU VLFK VHOEVW ³'X GDUIVW QLFKW EHU PLFK ODFKHQ (ODKL,FKKDEHGLH:DKUKHLWJHVDJW´ 6LH ZLFK HLQHQ 6FKULWW ]XUFN ,KU %OLFN ILHO DXI VHLQH +IWH DQ GHU GDV $QWLJUDYJHUlWKLQJGDVHUYRQ7HNHQHUEHUQRPPHQKDWWH2KQHHVEHPHUNW]XKDEHQ ZDUHUGDPLWJHJHQGLH:DQGJHNRPPHQXQGKDWWHVLFKDQHLQHPNOHLQHQ%RUGYHUKDNW $OV HU VLFK ZLHGHU YRQ GHP +LQGHUQLV JHO|VW KDWWH ZDU HLQ 7HLO GHU WHFKQLVFKHQ ,QQHUHLHQGHV$QWLJUDYLWDWRUVGDUDQKlQJHQJHEOLHEHQ
$OSKD$ODUP
M
$WODQ
³6LQFODLU'HLQ6FKZHUNUDIWUHJOHU´ (U JULII QDFK VHLQHP *UWHO ODFKWH NXU] DXI XQG UL GLH 7UPPHU YRQ VHLQHP *UWHO ³'XNDQQVWRKQHGDV*HUlWVHLQ"6LQFODLU":HUELVWGX"´ -HW]WHUVWHUNDQQWHHUZDVHUJHWDQKDWWHbQJVWOLFKVWDUUWHHUVLHDQ,QVHLQHP *HVLFKW]HLFKQHWHVLFKGLHSDQLVFKH)XUFKWDEVLH]XYHUOLHUHQ ³(ODKL´VDJWHHUVW|KQHQG(UNDP]XLKUXQG]RJVLHKHIWLJLQVHLQH$UPH³(VLVW QLFKWVRZLHGXGHQNVW,FKEHQ|WLJHGHQ.DVWHQQXUGHVKDOEQLFKWZHLOLFKHLQ]ZHLWHV YLHOEHVVHUHV*HUlWYHUVWHFNWEHLPLUWUDJH´ ³:DUXP"´ ³,FKELQ²YHUVSULFKPLUGDGXVFKZHLJHQZLUVW´ ³1DWUOLFK6LQFODLU´ ³,FKELQ8626SH]LDOLVWXQGGHVKDOEHQWVSUHFKHQGDXVJHUVWHW´ (ODKL6RQWUDEHKHUUVFKWHVLFKDXHURUGHQWOLFK JXW,KUZDUQLFKWDQ]XVHKHQZLH VHKU.HQQRQVLHHUVFKUHFNWKDWWH ³'DQQLVW7HNHQHUDXFKHLQ8626SH]LDOLVW"´ .HQQRQQLFNWH ³'LH8+%LVWGDQQQXUHLQH7DUQRUJDQLVDWLRQGHU862"´IUDJWHVLH .HQQRQ VDQN LQVLFK ]XVDPPHQ (U VHW]WH VLFK DXIGDV %HWW GHU 7HUUDQHULQ XQG OHJWH GLH +lQGH JHJHQ GHQ .RSI (U KDWWH MHGH *HZDOW EHU VLFK YHUORUHQ 6HLQH PXWLHUWHQ6LQQHYHUZDQGHOWHQLKQLQHLQHY|OOLJKLOIORVH.UHDWXUGHUHVQXUQRFKGDUXP JLQJGLH/LHEHGHU0HVWL]LQ]XHUKDOWHQXQG]XYHUWLHIHQ ³,KU VHLG KLHU XP GLH 0LOOLDUGHQ DQ GLH 5HYROXWLRQlUH 2SSRVLWLRQ DXV]XOLHIHUQQLFKWZDKU"´ ³'DVLVWULFKWLJ$EHU9LJHODQGPX=XJHVWlQGQLVVHPDFKHQ´ ³'XZHLWZRGDV*HOGLVW"´ ³-D(ODKL´ 6LHOHJWHLKUH+lQGHDQVHLQHQ.RSIXQGNWHLKQDXIGLH6WLUQ ³:LU ZHUGHQ YRQ KLHU IOFKWHQ 6LQFODLU 'X XQG LFK 'DQQ ZHUGHQ ZLU GDV *HOG KROHQXQGYHUVFKZLQGHQ:LOOVWGX"´ ³,FKWXHDOOHVZDVGXZLOOVW(ODKL´DQWZRUWHWHHU 6LH HUKRE VLFK XQG EOLFNWH DXI LKQ KHUDE 6LH OlFKHOWH DEHU LKUH $XJHQ EOLHEHQ NDOW =XQlFKVW KDWWH VLH =XQHLJXQJ IU .HQQRQ HPSIXQGHQ -HW]W YHUDFKWHWH VLH LKQ ZHJHQVHLQHU6FKZlFKH6LHVDKQXUQRFKHLQJURHV:HUN]HXJLQLKPGDVLKUKHOIHQ VROOWHDQHLQXQYRUVWHOOEDUJURHV9HUP|JHQ]XNRPPHQ ³.RPP6LQFODLUZLUJHKHQ6RIRUW´ (UHUKREVLFKJHKRUVDPXQGRKQH:LGHUUHGH ³:LUJHKHQMHW]W]XP8%RRW'XNDQQVWNlPSIHQ'XZLUVWHVLQXQVHUH*HZDOW EULQJHQ´ (UQLFNW6LHQDKPVHLQH+DQGXQGIKUWHLKQKLQDXV 0LWWUDXPZDQGOHULVFKHU6LFKHUKHLWIDQG HUGHQ :HJ]XP 8%RRW6LHWUDIHQ DXI NHLQHQ (UWUXVHU 'LH JHVDPWH %HVDW]XQJ GHV 6FKLIIHV VFKLHQ VLFK LQ GHU =HQWUDOH ]XVDPPHQJHIXQGHQ]XKDEHQ 'DQQHUKREVLFKHLQ3DQ]HUVFKRWWYRULKQHQ .HQQRQV +DQG JOLWW ]X VHLQHP 8QWHUDUP XP LKQ ]X |IIQHQ ,P OHW]WHQ 0RPHQW VWRFNWH HU 6HLQH %OLFNH ILHOHQ DXL (ODKL 6RQWUD GLH VLFK ILHEHUKDIW EHPKWH GLH
$OSKD$ODUP
M
$WODQ
6FKDOWXQJIUGDV6FKRWW]XILQGHQ ³'X NDQQVW HV QLFKW YRQ KLHU DXIPDFKHQ´ VDJWH HU ³(LQHU GHU (UWUXVHU KDW PLU EHULFKWHWGDPDQHVQXUYRQGHU=HQWUDOHDXV|IIQHQNDQQ´ 6LHIXKUKHUXPXQGEOLFNWHLKQZLOGDQ ³'DQQVFKDIIHQZLUHVQLH´ ³'RFK´ HQWJHJQHWH HU ³,FK ZHUGH LQ GLH =HQWUDOH JHKHQ XQG YHUVXFKHQ GLH HQWVSUHFKHQGH6FKDOWXQJ]XILQGHQ:DUWHKLHU(VZLUGQLFKWODQJHGDXHUQ´ ³'DVJHKWQLFKW0DQZLUGVRIRUWPHUNHQZDVGXYRUKDVW´ ³$EZDUWHQ,FKZHUGH7HNPLWQHKPHQ(UZLUGGLHDQGHUHQDEOHQNHQ´ .HQQRQGUHKWVLFKXPXQGJLQJGDYRQRKQHDXIGLH5XIHGHU0HVWL]LQ]XK|UHQ GLH LKQ ]XUFNKDOWHQ ZROOWH (U KlWWH GLH 0|JOLFKNHLW JHKDEW PLW VHLQHQ 6SH]LDOLQVWUXPHQWHQ DQ 2UW XQG 6WHOOH HLQ]XJUHLIHQ DEHU GDV KlWWH HU QXU WXQ N|QQHQ ZHQQ HU VHLQH .|USHUK|KOXQJHQ |IIQHWH 'DV ZLHGHUXP KlWWH (ODKL 6RQWUD ]XYLHO YHUUDWHQ 'LH$JHQWLQEOLFNWHLKPQDFK1HUY|VNDXWHVLHDXILKUHQ/LSSHQ6LHZXWHGD LKUH &KDQFHQ HUKHEOLFK JHVXQNHQ ZDUHQ -HW]W VWDQG DOOHV DXI GHV 0HVVHUV 6FKQHLGH :HQQ.HQQRQYHUVDJWHZDUDOOHVYHUORUHQ 6LH VDK DXI LKU +DQGJHOHQN 'DV &KURQRPHWHU ]HLJWH GHQ -XOL DQ 'LH OHW]WHQ 6WXQGHQ ZDUHQ XQJODXEOLFK VFKQHOO YHUJDQJHQ -HW]W HUVW ZXUGH (ODKL 6RQWUD VLFK EHZXW ZLH ODQJH VLH VFKRQ DQ %RUG ZDUHQ 8P VLFK DE]XOHQNHQ VSUDFK VLH HLQLJH :RUWH DXI GDV 6DQG LQ GHP ZLQ]LJHQ $XI]HLFKQXQJVJHUlW GDV LQ GHP &KURQRPHWHU YHUERUJHQ ZDU $XI GLHVH $UW ZDU HV LKU ELVKHU LPPHU JHOXQJHQ LQQHUH 6SDQQXQJHQXQGbQJVWHDE]XEDXHQ .QLUVFKHQGUROOWHGDV3DQ]HUVFKRWW]XU6HLWH 'LH 7HUUDQHULQ IXKU KHUXP )DVVXQJVORV EOLFNWH VLH DXI GLH .DPPHU GLH KLQWHU GHP 6FKRWW ODJ -HW]W EUDXFKWH VLH QXU QRFK LQ GLH 6FKOHXVH GHV 8%RRWHV ]X VWHLJHQ 'HU:HJLQGLH)UHLKHLWXQG]XP5HLFKWXPZDURIIHQ 6LHK|UWHGLH6FKULWWH .HQQRQVGHU ]XLKU]XUFNNHKUWH/lFKHOQGGUHKWVLH VLFK ]XLKPXP(UODFKWHODXWORV6LHILHOLKPLQGLH$UPHXQGNWHLKQ ³6FKQHOOMHW]W6LQFODLU´GUlQJWHVLH³:LUKDEHQNHLQH=HLW]XYHUOLHUHQ´ .HQQRQ QLFNWH ]XVWLPPHQG (U QDKP LKUH +DQG XQG HLOWH PLW LKU ]XU 8%RRW 6FKOHXVH6LHVWDQGHQXQPLWWHOEDUYRULKUHP=LHODOVHLQVFKDUIHU5XIVLHKHUXPIDKUHQ OLH ³.HQ²GDVNDQQGRFKQLFKWGHLQ(UQVWVHLQ´VDJWH5RQDOG7HNHQHU (UKLHOWHLQHQ(QHUJLHVWUDKOHULQGHU+DQGXQG]LHOWHGDPLWDXIGDV0lGFKHQ ³:LU PVVHQ HV WXQ 7HN´ HQWJHJQHWH .HQQRQ XQVLFKHU (U ZLUNWH YHUVW|UW XQG QHUY|V XQG VFKLHQ EHUKDXSW QLFKW ]X ZLVVHQ ZR HU VLFK EHIDQG =|JHUQG QlKHUWH HU VLFK7HNHQHU ³=XU 6HLWH 6LQFODLU´ VFKULH (ODKL 6RQWUD XQG YHUVXFKWH .HQQRQ ZHJ]XVWRHQ 6LH KlWWH VLFK DXFK JHJHQ HLQH )HOVZDQG ZHUIHQ N|QQHQ (U ZLFK QLFKW HLQHQ =HQWLPHWHU]XU6HLWH6LHVWU]WH]X%RGHQ,QLKUHU+DQGEOLW]WHHLQ0LNURQDGOHUDXI 7HNHQHU HUNDQQWH GLH :DIIH VRIRUW´ 'DV 0lGFKHQ NRQQWH VLH QXU YRQ GHP 5RERWPHQVFKHQ HUKDOWHQ KDEHQ 0LW LKU NRQQWH VLH 1DGHOJHVFKRVVH DXV 7HUNRQLWVWDKO DEIHXHUQGLHHLQW|GOLFKHV*LIWHQWKLHOWHQ .HQQRQ VW|KQWH DXI (LQH VHOWVDPH %HZHJXQJ OLHI EHU VHLQ *HVLFKW (U EHJULII PLW GHP OHW]WHQ 5HVW VHLQHV NODUHQ 9HUVWDQGHV GD GLH )UDX GLH HU OLHEWH VHLQHQ
$OSKD$ODUP
M
$WODQ
)UHXQGW|WHQZROOWH+DVWLJJULIIHUQDFKGHU:DIIHDEHU(ODKL6RQWUDZDU]XVFKQHOO6LH UROOWHVLFKYRQLKPZHJXQGIHXHUWHGUHLPDODXILKQ 'LH*HVFKRVVHVFKOXJHQK|UEDUDXIVHLQHQ3DQ]HUGHUVLFKXQWHUGHUOHEHQGHQ %LRKXOOHVHLQHV.|USHUVEHIDQG 'HU 5RERWPHQVFK WDXPHOWH VW|KQHQG ]XUFN 'LH 1DGHOQ NRQQWHQ LKQ QLFKW JHIlKUGHQ 'DV *LIW ZDU XQZLUNVDP .HQQRQ ZXWH MHGRFK GD GLH 0HVWL]LQ LKQ W|WHQ ZROOWH'DVULLKQVFKODJDUWLJDXVVHLQHP*HIKOVFKDRV 5RQDOG 7HNHQHU ]|JHUWH LPPHU QRFK (U KDWWH VLFK (ODKL 6RQWUD HLQLJH 6FKULWWH JHQlKHUW XQG EFNWH VLFK XP LKU GLH :DIIH DXV GHU +DQG ]X UHLHQ $XFK .HQQRQ QHLJWHVLFK]XLKUKHUDE 'LH0HVWL]LQHQWZLFKLKQHQPLWJHVFKLFNWHU%HZHJXQJULFKWHWHVLFKKDOEDXIXQG ]LHOWHDXI7HNHQHU 'HU2EHUVWOHXWQDQWVFKR,KPEOLHENHLQHDQGHUH:DKO6LQFODLU0.HQQRQVDK ZLHGHU(QHUJLHVWUDKOLQGHQ.|USHUGHU7HUUDQHULQIXKUXQGVLHW|WHWH (U EHXJWH VLFK ]X LKU KHUDE XQG QDKP LKU GDV &KURQRPHWHU DE (U VFKRE HV LQ VHLQH+RVHQWDVFKH $OV HU VLFK DEZDQGWH IHXHUWH 7HNHQHU HUQHXW DXI GLH $JHQWLQ (U O|VWH VLH PLW GHP(QHUJLHVWUDKO]X$VFKHDXI 'DQQGUHKWHUVLFK]X.HQQRQXPXQGOHJWHLKPGLH+DQGDXIGLH6FKXOWHU ³:LHGHUDOOHVLQ2UGQXQJ.HQ"´ 'HU5RERWPHQVFKQLFNWH ³-D7HN$OOHVLQ2UGQXQJ/HLGHUHUVWMHW]W´ ³(VZDUQRFKQLFKW]XVSlW´ 6FKZHUH 6FKULWWH QlKHUWHQ VLFK LKQHQ 1RV 9LJHODQG 7HUVHU )UDVFDWL XQG 5XQHPH 6KLOWHU GLH ZLFKWLJVWHQ 0lQQHU GHU 5HYROXWLRQlUHQ 2SSRVLWLRQ EHWUDWHQ GLH .DPPHU,KQHQIROJWHQQRFKZHLWHUH(UWUXVHU 9LJHODQG]LHOWHPLWHLQHPVFKXEHUHLWHQ(QHUJLHVWUDKOHUDXI7HNHQHU 'HUJDODNWLVFKH6SLHOHU]QGHWHVLFKJHODVVHQHLQH=LJDUHWWHDQ ³'LH.OHLQHZROOWHXQVYRU]HLWLJYHUODVVHQ0U9LJHODQG6WHOOHQ6LHVLFKGDVYRU ,FKNRQQWHVLHJHUDGHQRFKGDUDQKLQGHUQ´ ³6LH YHUIJWH EHU ZLFKWLJH ,QIRUPDWLRQHQ 0U 7HNHQHU´ VFKULH 1RV 9LJHODQG ZWHQG(UWUDWQlKHUDQGHQ7HUUDQHUKHUDQXQGEOLFNWHDXILKQKHUDEDOVZROOHHULKQ PLWGHU0DVVHVHLQHV.|USHUVHUGUFNHQ ³0DJ VHLQ´ HQWJHJQHWH ³WKH VPLOHU´ OlFKHOQG ³PDJ VHLQ 0U 9LJHODQG 'D VLH PLFK W|WHQ ZROOWH KDEH LFK LQ 1RWZHKU KDQGHOQ PVVHQ 7XW PLU OHLG-HW]W ZHUGHQ ZLU XQV VHKU ODQJH XQG VHKU DXVJLHELJ EHU JHZLVVH %HWHLOLJXQJHQ XQG %HGLQJXQJHQ XQWHUKDOWHQ PVVHQ EHYRU ZLU GDV *HVSUlFK DXI GLH 0LOOLDUGHQ 6RODU NRQ]HQWULHUHQ´ 'DV/lFKHOQDXIVHLQHP*HVLFKWYHUWLHIWHVLFK 5RQDOG 7HNHQHU KRE GLH +DQG XQG VFKRE 1RV 9LJHODQG HLQ ZHQLJ YRQ VLFK ]XUFN ³,FKELQIUHWZDPHKU'LVWDQ]0U9LJHODQG´VDJWHHU 'LH(UWUXVHUWUDWHQ]XUFN6LHPDFKWHQGHQ:HJIUHL]XU=HQWUDOH (1'(
$OSKD$ODUP
M
$WODQ
/HVHQ6LHLQ7DJHQ$7/$11UPLWGHP7LWHO
'LHJURH5HYROXWLRQ
YRQ+DQV.QHLIHO 0DFKWNDPSIDXI(UWUXV²GHUYLHUWH0DQQJUHLIWHLQ