[Advisors] PAC is over but not CAP-Y
Clarice Leader
cleader at mb.e-association.ca
Fri, 6 Apr 2012 01:28:10 +0000
--part4314-boundary-971803145-468136812
Content-Transfer-Encoding: base64
Content-Type: text/plain; charset="Windows-1252"
V2UgYWxzbyByZWNlaXZlZCB0aGUgc2FtZSBsZXR0ZXIuIEkgaGF2ZSBzb21lIGNvbmNlcm5zIGJ1
dCB0aGluayB3ZSBjYW4gbWFrZSBpdCB3b3JrLg0KU2VudCBmcm9tIG15IEJsYWNrQmVycnmuIHNt
YXJ0cGhvbmUgb24gdGhlIE1UUyBIaWdoIFNwZWVkIE1vYmlsaXR5IE5ldHdvcmsNCg0KLS0tLS1P
cmlnaW5hbCBNZXNzYWdlLS0tLS0NCkZyb206ICJNYXJpZSBQcmVidXNoZXdza2kgIiA8bXByZWJA
c2Fza3RlbC5uZXQ+DQpTZW5kZXI6IGFkdmlzb3JzLWFkbWluQHRjLmNhDQpEYXRlOiBUaHUsIDUg
QXByIDIwMTIgMTk6MjQ6NDYgDQpUbzogJ01vbmlxdWUgQ2hhcnRyYW5kJzxkaXJlY3Rpb25AY29t
bXVuYXV0aXF1ZS5xYy5jYT47ICdUQyBBZHZpc29ycyc8YWR2aXNvcnNAdGMuY2E+DQpTdWJqZWN0
OiBSRTogW0Fkdmlzb3JzXSBQQUMgaXMgb3ZlciBidXQgbm90IENBUC1ZDQoNCkhpIEV2ZXJ5b25l
IA0KDQpJIGhhdmUgcmVjZWl2ZWQgYSBzaW1pbGFyIGxldHRlciBpbiBTYXNrIFdlc3QgQ2VudHJh
bC4gICBJIGRvbpJ0IHNlZSBob3cNCnRoaXMgY2FuIHdvcmsNCg0KIA0KDQpNYXJpZSANCg0KIA0K
DQpGcm9tOiBhZHZpc29ycy1hZG1pbkB0Yy5jYSBbbWFpbHRvOmFkdmlzb3JzLWFkbWluQHRjLmNh
XSBPbiBCZWhhbGYgT2YNCk1vbmlxdWUgQ2hhcnRyYW5kDQpTZW50OiBBcHJpbC0wNS0xMiA3OjA5
IFBNDQpUbzogVEMgQWR2aXNvcnMNClN1YmplY3Q6IFtBZHZpc29yc10gUEFDIGlzIG92ZXIgYnV0
IG5vdCBDQVAtWQ0KDQogDQoNCkJvbmpvdXIg4CB2b3VzLA0KDQogDQoNCk5vdXMgYXZvbnMgcmXn
dSBsYSBub3V2ZWxsZSDgIGwnZWZmZXQgcXVlIGxlIFByb2dyYW1tZSBkJ2FjY+hzIGNvbW11bmF1
dGFpcmUNCihQQUMpIGQnaW5kdXN0cmllIENhbmFkYSBlc3QgdGVybWlu6SwgY29uc2lk6XLpIGF2
b2lyIGF0dGVpbnQgc2VzIG9iamVjdGlmcw0KZW4gcmFpc29uIGRlIGxhIHJlY2hlcmNoZSBkJ+lx
dWlsaWJyZSBidWRn6XRhaXJlLg0KDQogDQoNClBhciBjb250cmUsIG9uIG5vdXMgYW5ub25jZSBs
YSBwb3Vyc3VpdGUgZGUgbCdJSi1QQUMgKFBBQy1ZKSBldCBsZSBmYWl0IHF1ZQ0KbGVzIENBQ0kg
KENBUCBzaXRlKSBkZW1ldXJlcm9udCBhZG1pc3NpYmxlcywgYWZpbiBkJ29mZnJpciBkZXMgb3Bw
b3J0dW5pdOlzDQpkJ2V4cOlyaWVuY2UgZCdlbXBsb2kgYXV4IGpldW5lcyBwb3VyIGxldXIgZm91
cm5pciBkZXMgY29tcOl0ZW5jZXMNCmVzc2VudGllbGxlcyB2ZXJzIHVuZSB0cmFuc2l0aW9uIHN1
ciBsZSBtYXJjaOkgZHUgdHJhdmFpbC4gDQoNCiANCg0KTm91cyBhdXJvbnMgc291cyBwZXUgbGVz
IG1vZGFsaXTpcyBwcul2dWVzLg0KDQogDQoNCkonZW4gcHJvZml0ZSBwb3VyIHZvdXMgc291aGFp
dGVyIGRlIEpveWV1c2VzIFDicXVlcywgSGFwcHkgRWFzdGVyLA0KDQogDQoNCk1vbmlxdWUNCg0K
IA0KDQogDQoNCk1vbmlxdWUgQ2hhcnRyYW5kDQpEaXJlY3RyaWNlIGfpbulyYWxlDQpDb21tdW5h
dXRpcXVlDQpodHRwOi8vY2EubGlua2VkaW4uY29tL2luL21vbmlxdWVjaGFydHJhbmQNCg0KDQoN
Cg0KDQoNCg==
--part4314-boundary-971803145-468136812
Content-Transfer-Encoding: base64
Content-Type: text/html; charset="Windows-1252"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--part4314-boundary-971803145-468136812--