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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:23,264 --> 00:00:24,610 Okay, John. Can you hear me alright? 2 00:00:24,645 --> 00:00:25,818 Yes, sir. 3 00:00:25,853 --> 00:00:27,510 I'll be talking to you over this intercom 4 00:00:27,544 --> 00:00:30,168 when I'm out here. I'm going to pump up that cuff now. 5 00:00:30,202 --> 00:00:31,479 Okay. 6 00:00:33,516 --> 00:00:35,621 The test is about to begin. 7 00:00:37,623 --> 00:00:39,004 Is your first name John? 8 00:00:39,039 --> 00:00:40,109 Yes. 9 00:00:41,800 --> 00:00:44,837 During the first 53 years of your life did you ever do 10 00:00:44,872 --> 00:00:47,461 anything dishonest, illegal or immoral? 11 00:00:47,495 --> 00:00:48,772 Uh, yes. 12 00:00:51,085 --> 00:00:54,019 Before 1981, did you ever engage in an improper 13 00:00:54,054 --> 00:00:56,297 business practice or put false information 14 00:00:56,332 --> 00:00:58,610 on an official form or document? 15 00:00:59,438 --> 00:01:01,061 Uh, yes. 16 00:01:02,338 --> 00:01:04,995 Before age 54, did you ever cheat someone 17 00:01:05,030 --> 00:01:07,860 or take advantage of anyone in a business deal? 18 00:01:13,763 --> 00:01:16,697 Yes, I would say. 19 00:01:16,731 --> 00:01:20,839 Okay, John. How was it that time? A little nervous? 20 00:01:20,873 --> 00:01:22,806 Well, like, ahem, when you get into those 21 00:01:22,841 --> 00:01:24,843 general questions you start thinking back 22 00:01:24,877 --> 00:01:28,226 about bad used cars you sold people. 23 00:01:28,260 --> 00:01:29,296 - Oh. Yeah. - About the.. 24 00:01:29,330 --> 00:01:31,160 Maybe the time you.. 25 00:01:31,194 --> 00:01:32,989 Yeah, I noticed that you answered false. 26 00:01:33,023 --> 00:01:34,508 Committed a little adultery, uh.. 27 00:01:34,542 --> 00:01:35,819 - Mm-hm. - You know, those are.. 28 00:01:35,854 --> 00:01:38,546 Uh, I-I must say that, uh, if you really -- 29 00:01:38,581 --> 00:01:39,720 Causes you to think back. 30 00:01:39,754 --> 00:01:41,342 Well, you go through your whole life. 31 00:01:46,209 --> 00:01:51,352 John DeLorean is one of the maverick rogues of his day. 32 00:01:51,387 --> 00:01:54,562 And there are very few of those guys around today. 33 00:01:54,597 --> 00:01:57,324 He was a dreamer, he wanted to push things 34 00:01:57,358 --> 00:01:59,671 beyond where other people had taken them. 35 00:01:59,705 --> 00:02:02,881 And in a way that's a marvelous and appealing characteristic 36 00:02:02,915 --> 00:02:05,055 but it's also extremely dangerous. 37 00:02:05,090 --> 00:02:07,989 John DeLorean was a winner 38 00:02:08,024 --> 00:02:12,925 a loser, a champion, a relentless fool. 39 00:02:12,960 --> 00:02:17,240 This guy was the quintessential leading man 40 00:02:17,275 --> 00:02:20,623 that Hollywood producers dream of 41 00:02:20,657 --> 00:02:22,556 and he was real. 42 00:02:22,590 --> 00:02:24,420 I've always wondered why a feature film 43 00:02:24,454 --> 00:02:26,111 hasn't been made of John's life. 44 00:02:26,146 --> 00:02:27,733 I think it'd be a great movie. 45 00:02:27,768 --> 00:02:29,528 Obviously I'd had this dream. 46 00:02:29,563 --> 00:02:32,635 I wanted to build this, uh, automobile company. 47 00:02:32,669 --> 00:02:35,189 Everybody said it's inconceivable that 48 00:02:35,224 --> 00:02:38,088 any new automobile company could survive. 49 00:02:38,123 --> 00:02:39,642 I'm always interested in the story 50 00:02:39,676 --> 00:02:41,437 of the quintessential outsider 51 00:02:41,471 --> 00:02:44,336 full of ambition and hope and works his way up 52 00:02:44,371 --> 00:02:46,200 and ascends to the position he was in. 53 00:02:46,235 --> 00:02:48,513 He had it all, his own auto empire 54 00:02:48,547 --> 00:02:51,585 a beautiful wife, children. He was a golden boy. 55 00:02:51,619 --> 00:02:54,104 And of course, his colossal fall 56 00:02:54,139 --> 00:02:56,279 is almost Shakespearean. 57 00:02:56,314 --> 00:02:59,109 John DeLorean who gave up a shot at the presidency 58 00:02:59,144 --> 00:03:02,423 of General Motors to build his own futuristic sports car 59 00:03:02,458 --> 00:03:04,391 is in jail this morning. 60 00:03:04,425 --> 00:03:06,634 The thing that's remarkable about DeLorean's story 61 00:03:06,669 --> 00:03:10,431 is that it has all of these incredibly powerful elements. 62 00:03:10,466 --> 00:03:13,227 It's got a marvelous celebrity couple. 63 00:03:13,262 --> 00:03:16,023 It's got drugs. It's got drug dealing. 64 00:03:16,057 --> 00:03:17,438 It's got FBI guys. 65 00:03:17,473 --> 00:03:20,269 It's got this incredible political backdrop. 66 00:03:20,303 --> 00:03:22,616 It's the sort of story that's, uh, you know 67 00:03:22,650 --> 00:03:25,964 i -- i -- if it hadn't happened, you wouldn't dare to make it up. 68 00:03:25,998 --> 00:03:27,897 The interesting thing is all of a sudden now 69 00:03:27,931 --> 00:03:30,002 a number of people have been back at me 70 00:03:30,037 --> 00:03:33,005 wanting to do a movie of my life. 71 00:03:33,040 --> 00:03:34,731 It always seemed to be a story 72 00:03:34,766 --> 00:03:37,182 that had been around Hollywood 73 00:03:37,217 --> 00:03:39,046 as early as probably the early '80s. 74 00:03:39,080 --> 00:03:41,255 Often good ideas, you know 75 00:03:41,290 --> 00:03:44,258 produce several films, uh, at the same time. 76 00:03:44,293 --> 00:03:47,227 With John DeLorean, I think it was taken to a new level. 77 00:03:47,261 --> 00:03:50,885 Every single one of these movies had different people 78 00:03:50,920 --> 00:03:52,439 from John's life, different family members 79 00:03:52,473 --> 00:03:54,751 different underlying material. 80 00:03:54,786 --> 00:03:59,066 Which made it this -- this fascinating race 81 00:03:59,100 --> 00:04:01,551 to get the movie made because each one would have been 82 00:04:01,586 --> 00:04:04,692 a decidedly different story. 83 00:04:04,727 --> 00:04:07,212 Still to this day, not one's been made yet. 84 00:04:07,247 --> 00:04:08,696 Every so often you hear 85 00:04:08,731 --> 00:04:10,353 "Oh, somebody's gonna make a movie about DeLorean. 86 00:04:10,388 --> 00:04:12,010 Somebody's gonna make a movie about DeLorean." 87 00:04:12,044 --> 00:04:13,563 Knock on wood, it'll happen 88 00:04:13,598 --> 00:04:16,256 'cause, uh, I think i -- it could be great. 89 00:04:16,290 --> 00:04:18,361 He was this kind of chameleon-like figure 90 00:04:18,396 --> 00:04:20,432 who could appear one thing to, to one person 91 00:04:20,467 --> 00:04:22,814 and another thing totally to a, a different person. 92 00:04:22,848 --> 00:04:25,437 And I think in a way, that's why 93 00:04:25,472 --> 00:04:26,921 so many scripts have been written about him 94 00:04:26,956 --> 00:04:29,752 because, you know, he is open to interpretation. 95 00:04:29,786 --> 00:04:32,410 You get the impression that he is either a beleaguered man 96 00:04:32,444 --> 00:04:34,412 who was discredited and manipulated 97 00:04:34,446 --> 00:04:35,965 by big business in this country 98 00:04:35,999 --> 00:04:40,659 or he was the greatest conman to ever come down the pike. 99 00:04:45,768 --> 00:04:47,666 We have an opportunity this morning to visit with him. 100 00:04:47,701 --> 00:04:49,150 Would you welcome Mr. John DeLorean. 101 00:04:54,466 --> 00:04:58,781 You shoot him for your purposes over the arc of how many years? 102 00:04:58,815 --> 00:05:00,092 He ages a bit. 103 00:05:00,127 --> 00:05:03,233 Mostly early '70s to early '80s.. 104 00:05:03,268 --> 00:05:04,304 To early-80s. 105 00:05:04,338 --> 00:05:05,615 So there's a spread 106 00:05:05,650 --> 00:05:07,341 and he ages during that time. 107 00:05:07,376 --> 00:05:09,585 And I wanna see how his behavior ages. 108 00:05:09,619 --> 00:05:11,311 I need to see clips that are a range of that. 109 00:05:11,345 --> 00:05:13,278 But driving you all this time 110 00:05:13,313 --> 00:05:15,591 was this desperate need 111 00:05:15,625 --> 00:05:18,525 to make this car thing go. 112 00:05:18,559 --> 00:05:23,357 My pride is so intense that nothing in the world 113 00:05:23,392 --> 00:05:25,946 would let me let this business 114 00:05:25,980 --> 00:05:27,982 this car with my name on it, go down. 115 00:05:28,017 --> 00:05:29,294 That's the corner of his eye. 116 00:05:29,329 --> 00:05:30,916 You draw a straight line up the brow 117 00:05:30,951 --> 00:05:32,608 overlaps the corner of the eye. 118 00:05:32,642 --> 00:05:34,057 Well, I think it's got to come in a little bit. 119 00:05:34,092 --> 00:05:35,749 - It's got to come over? - Yeah. 120 00:05:35,783 --> 00:05:37,992 Alright, the involvement with cocaine. 121 00:05:38,027 --> 00:05:39,131 Talk about that. 122 00:05:39,166 --> 00:05:40,305 Well, it's a peculiar thing 123 00:05:40,340 --> 00:05:41,789 because, you know, in my life 124 00:05:41,824 --> 00:05:43,412 I have never, ever seen cocaine 125 00:05:43,446 --> 00:05:45,379 touched cocaine, used cocaine 126 00:05:45,414 --> 00:05:47,174 or been in the presence of anybody -- 127 00:05:47,208 --> 00:05:49,452 All the time I've looked at DeLorean 128 00:05:49,487 --> 00:05:52,213 before I thought where is he manipulating 129 00:05:52,248 --> 00:05:56,597 and where are the peeks behind the curtain of who he really is? 130 00:05:56,632 --> 00:05:58,841 And then when you play the person 131 00:05:58,875 --> 00:06:01,706 you say to yourself forget about me looking at DeLorean 132 00:06:01,740 --> 00:06:03,604 as a viewer on a TV show and saying 133 00:06:03,639 --> 00:06:05,365 what's behind the curtain with him? 134 00:06:05,399 --> 00:06:07,919 When you start to play him, you go, no, no, no, no. 135 00:06:07,953 --> 00:06:09,748 He's not guilty of anything. 136 00:06:09,783 --> 00:06:11,992 He didn't do anything. In fact, it's the opposite. 137 00:06:12,026 --> 00:06:15,340 He's a hero in his mind. He's a hero. 138 00:06:15,375 --> 00:06:16,859 And you, and you, and you have to play that. 139 00:06:16,893 --> 00:06:19,827 You have to play who he thinks he is. 140 00:06:19,862 --> 00:06:23,590 And you present him as who he thinks he is to the world. 141 00:06:23,624 --> 00:06:27,041 And you let the audience make up their mind. 142 00:06:27,076 --> 00:06:29,354 And that you suddenly thought you were involved with the mob. 143 00:06:29,389 --> 00:06:30,528 And you were frightened for your life 144 00:06:30,562 --> 00:06:31,563 and your children's lives. 145 00:06:31,598 --> 00:06:32,599 Really what happened.. 146 00:06:32,633 --> 00:06:33,772 Let me just show my wife. 147 00:06:33,807 --> 00:06:34,808 She just thinks it's funny. 148 00:06:34,842 --> 00:06:35,843 She just thinks it's funny. 149 00:06:35,878 --> 00:06:36,948 She thinks this whole thing.. 150 00:06:36,982 --> 00:06:38,190 She's like "Alec, like I can't believe 151 00:06:38,225 --> 00:06:41,262 this is what they, they pay you to do this." 152 00:06:41,297 --> 00:06:43,368 Oh, God. 153 00:06:43,403 --> 00:06:45,128 Wait, what are you doing? You're doing a movie? 154 00:06:45,163 --> 00:06:50,548 We do re-enactment footage of DeLorean's drama 155 00:06:50,582 --> 00:06:53,482 his caper, his escapades and shoot them as a movie 156 00:06:53,516 --> 00:06:57,037 and cut re-enactment footage into documentary footage 157 00:06:57,071 --> 00:06:59,729 of a movie about DeLorean 158 00:06:59,764 --> 00:07:01,524 and what he did and what he went through. 159 00:07:01,559 --> 00:07:03,664 And the good news is, I don't have to bother 160 00:07:03,699 --> 00:07:06,218 with any of that. They do. 161 00:07:06,253 --> 00:07:08,048 I'm gonna just go put the make up on 162 00:07:08,082 --> 00:07:10,706 and go try to be DeLorean. 163 00:07:16,021 --> 00:07:20,405 For John DeLorean, growing up in Detroit 164 00:07:20,440 --> 00:07:25,030 every kid's dream was to go into the auto industry. 165 00:07:25,065 --> 00:07:27,136 One thing you have to understand about John DeLorean 166 00:07:27,170 --> 00:07:29,000 is he was a brilliant engineer. 167 00:07:29,034 --> 00:07:32,452 And so to start with he had some really good instincts 168 00:07:32,486 --> 00:07:33,936 and he had great talent. 169 00:07:33,970 --> 00:07:37,526 DeLorean thrived in the car business first at Packard 170 00:07:37,560 --> 00:07:39,424 for a short while at Chrysler. 171 00:07:39,459 --> 00:07:42,013 And somebody sought him out at General Motors 172 00:07:42,047 --> 00:07:45,672 and offered him his choice of five divisions. 173 00:07:45,706 --> 00:07:47,915 He took on Pontiac, which was the old ladies' 174 00:07:47,950 --> 00:07:49,020 division at the time. 175 00:07:49,054 --> 00:07:50,884 And it was really the place 176 00:07:50,918 --> 00:07:52,402 where he could shine the most. 177 00:07:52,437 --> 00:07:55,958 General Manager, Mr. John Z. DeLorean. 178 00:07:59,755 --> 00:08:04,173 In those days, the late '50s and early '60s at GM 179 00:08:04,207 --> 00:08:06,727 Pontiac particularly was exciting to be there 180 00:08:06,762 --> 00:08:09,972 because they, they were almost ready to be dropped. 181 00:08:10,006 --> 00:08:11,870 And of course, that was the kind of thing that gave you 182 00:08:11,905 --> 00:08:15,874 the incentive to come up with new ideas and make them happen. 183 00:08:15,909 --> 00:08:19,188 And I started as a very unsophisticated young engineer. 184 00:08:19,222 --> 00:08:22,674 And I was given an opportunity to, uh, attain a success 185 00:08:22,709 --> 00:08:24,676 in a business world far beyond anything 186 00:08:24,711 --> 00:08:27,127 I had ever imagined I was capable of. 187 00:08:27,161 --> 00:08:29,509 You know, this was a special guy 188 00:08:29,543 --> 00:08:32,132 who was gonna change the industry forever 189 00:08:32,166 --> 00:08:35,549 and truly become a legend at the company. 190 00:08:35,584 --> 00:08:39,242 Scene two-Alpha, take three. Marker. 191 00:08:39,277 --> 00:08:41,969 The story on the GTO is that we were about ready 192 00:08:42,004 --> 00:08:43,971 to do a brand new line 193 00:08:44,006 --> 00:08:49,183 and we had the '64 Tempest to be 194 00:08:49,218 --> 00:08:52,428 in the garage there with John and a couple other guys. 195 00:08:52,462 --> 00:08:55,845 - Hey, Bill. - John, you heading home? 196 00:08:55,880 --> 00:08:57,433 Yeah, I was about to. 197 00:08:57,467 --> 00:08:59,953 Wanted to stop by and see how you were coming along. 198 00:08:59,987 --> 00:09:02,611 Well, I think she's about as good as we're gonna get her. 199 00:09:02,645 --> 00:09:05,579 He would, uh, encourage e -- everybody 200 00:09:05,614 --> 00:09:07,408 to, to do something new and different. 201 00:09:07,443 --> 00:09:08,824 Was hoping maybe we'd have something 202 00:09:08,858 --> 00:09:10,998 I don't know, sexier? 203 00:09:13,380 --> 00:09:15,140 - You mean sportier? - Yeah. 204 00:09:15,175 --> 00:09:17,349 More high performance, you know? 205 00:09:18,834 --> 00:09:20,939 Well, our bigger 389 engine 206 00:09:20,974 --> 00:09:23,355 has the exact same dimensions as the 326 in here 207 00:09:23,390 --> 00:09:24,840 so we could swap that out, no problem. 208 00:09:24,874 --> 00:09:27,083 How would the car handle the extra power? 209 00:09:27,118 --> 00:09:29,327 That's the thing. 210 00:09:29,361 --> 00:09:32,295 Have to fit the appropriate transmission and rear axle. 211 00:09:33,814 --> 00:09:37,542 But we do that, it'd definitely be sexier, John. 212 00:09:37,577 --> 00:09:39,717 Shoot, we could even run this in NASCAR. 213 00:09:39,751 --> 00:09:41,995 I say we do it. 214 00:09:42,029 --> 00:09:43,617 - Really? - Yeah, absolutely. 215 00:09:45,032 --> 00:09:47,241 But then what? You think you can actually sell it? 216 00:09:48,311 --> 00:09:50,590 You let me worry about that, Bill. 217 00:09:56,526 --> 00:09:58,874 I was just gonna drive it back and forth to work 218 00:09:58,908 --> 00:10:01,083 and I had a marvelous time with it. 219 00:10:01,117 --> 00:10:03,775 And I found that every time I lent it to somebody 220 00:10:03,810 --> 00:10:06,053 to use for a day or two, I couldn't get it back. 221 00:10:06,088 --> 00:10:08,228 And I said, "Well, there may be a market 222 00:10:08,262 --> 00:10:10,161 for something like that." 223 00:10:11,990 --> 00:10:13,923 What the hell is this? 224 00:10:14,821 --> 00:10:16,201 That's a GTO. 225 00:10:16,236 --> 00:10:19,135 It stands for Gran Turismo Omologato 226 00:10:19,170 --> 00:10:21,586 which I think is Italian for fast as hell. 227 00:10:21,621 --> 00:10:25,383 But, uh, it'll beat every car on a track or American street 228 00:10:25,417 --> 00:10:27,557 and it's still a Pontiac. 229 00:10:28,731 --> 00:10:30,664 Hold on a second. Turn that off. 230 00:10:32,424 --> 00:10:35,393 The 14th floor is never gonna go for putting 231 00:10:35,427 --> 00:10:38,465 such a large engine in such a small frame. 232 00:10:38,499 --> 00:10:41,571 Well, GM forbade putting 233 00:10:41,606 --> 00:10:45,679 a so-called big block beyond, I believe, 350 cubic inches 234 00:10:45,714 --> 00:10:47,577 in a medium size car. 235 00:10:47,612 --> 00:10:49,234 The guys upstairs approved this? 236 00:10:49,269 --> 00:10:51,029 I don't need their approval. 237 00:10:51,064 --> 00:10:52,893 It's a new product, John. 238 00:10:52,928 --> 00:10:56,103 All new products need upper management approval. 239 00:10:56,138 --> 00:10:57,760 And John was interesting. 240 00:10:57,795 --> 00:11:01,039 He loved really just figuring out ways to bend the rules 241 00:11:01,074 --> 00:11:02,075 as much as possible. 242 00:11:02,109 --> 00:11:03,283 But it's not a new product. 243 00:11:03,317 --> 00:11:05,561 It's an options package on the new Tempest. 244 00:11:05,595 --> 00:11:08,909 And one that puts a real tiger under the hood. 245 00:11:08,944 --> 00:11:12,672 - It's manipulative. - It's marketing. 246 00:11:12,706 --> 00:11:15,951 Pontiac is primarily the division for older buyers. 247 00:11:15,985 --> 00:11:18,263 What are they gonna want with a hot rod? 248 00:11:18,298 --> 00:11:20,196 We're the division for older buyers 249 00:11:20,231 --> 00:11:21,819 because that's how we view ourselves. 250 00:11:21,853 --> 00:11:23,441 We've got to anticipate 251 00:11:23,475 --> 00:11:26,306 what younger buyers want before they even know what they want. 252 00:11:26,340 --> 00:11:28,618 And once they realize it, give them this. 253 00:11:30,137 --> 00:11:31,863 So how many you wanna produce? 254 00:11:31,898 --> 00:11:33,451 You're the sales manager, you tell me. 255 00:11:33,485 --> 00:11:35,315 I was thinking about 30,000. 256 00:11:36,799 --> 00:11:40,078 - You're outta your damn mind. - John, be reasonable. 257 00:11:42,736 --> 00:11:46,740 I can't imagine us selling even close to 5,000 258 00:11:46,775 --> 00:11:50,848 but let's start with that number 259 00:11:50,882 --> 00:11:53,678 and let's hope that they don't rust on the lot. 260 00:11:56,094 --> 00:11:57,855 At that time, the sales manager 261 00:11:57,889 --> 00:11:59,753 of Pontiac thought it was stupid. 262 00:11:59,788 --> 00:12:02,031 And he refused to schedule more 263 00:12:02,066 --> 00:12:04,654 than I think about four or five thousand for the year. 264 00:12:04,689 --> 00:12:06,829 It was an outlaw move. 265 00:12:06,864 --> 00:12:10,799 DeLorean snuck it past the GM watchdogs 266 00:12:10,833 --> 00:12:12,352 by a sort of sleight-of-hand. 267 00:12:12,386 --> 00:12:14,112 It was just an options package. 268 00:12:14,147 --> 00:12:16,528 Despite his feeling it wouldn't sell 269 00:12:16,563 --> 00:12:19,773 I think we sold like, 45,000 the first year. 270 00:12:19,808 --> 00:12:23,190 What he figured out before anyone figured it out 271 00:12:23,225 --> 00:12:27,194 was that this exploding youth movement 272 00:12:27,229 --> 00:12:32,061 had interest in cars as something that would represent 273 00:12:32,096 --> 00:12:34,201 the way they wanted to look to the world. 274 00:12:35,824 --> 00:12:38,792 It's the perfect moment in which John was able to marry 275 00:12:38,827 --> 00:12:42,623 both his brilliant engineering as well as his marketing prowess 276 00:12:42,658 --> 00:12:45,005 to create the muscle car. 277 00:12:45,040 --> 00:12:48,043 The muscle car era really advanced Detroit. 278 00:12:48,077 --> 00:12:49,182 It made money. 279 00:12:49,216 --> 00:12:50,252 It made Pontiac. 280 00:12:50,286 --> 00:12:52,357 It made those three letters 281 00:12:52,392 --> 00:12:55,222 GTO, legendary. 282 00:12:55,257 --> 00:12:58,398 There's an odd parallel between the Pontiac GTO 283 00:12:58,432 --> 00:13:00,262 and John Z. DeLorean. 284 00:13:00,296 --> 00:13:02,851 The GTO was a risk taken. 285 00:13:02,885 --> 00:13:05,198 And I think it convinced DeLorean 286 00:13:05,232 --> 00:13:08,649 that taking a risk no one else was willing 287 00:13:08,684 --> 00:13:11,066 to step up to and making it work 288 00:13:11,100 --> 00:13:13,965 at all costs was how you did it. 289 00:13:14,000 --> 00:13:17,279 And after you do it once, why stop? 290 00:13:25,528 --> 00:13:28,462 What I see about DeLorean for me 291 00:13:28,497 --> 00:13:29,947 he took such risks. 292 00:13:29,981 --> 00:13:32,363 And the problem with people who take risks like that 293 00:13:32,397 --> 00:13:35,884 is that when they win, when they make their calculated risk 294 00:13:35,918 --> 00:13:38,127 they become emboldened, they take more risks. 295 00:13:38,162 --> 00:13:41,303 And then they take risks outside of their normal sphere. 296 00:13:42,166 --> 00:13:43,305 Between this and the other, 297 00:13:43,339 --> 00:13:46,101 it'll generate, uh, about four and a half 298 00:13:46,135 --> 00:13:49,414 uh, not less than four and a half mil. 299 00:13:49,449 --> 00:13:52,866 Risk-taking in the automotive industry and risk-taking 300 00:13:52,901 --> 00:13:54,557 with a bunch of drug dealers in a hotel 301 00:13:54,592 --> 00:13:56,732 are two different things when your confidence 302 00:13:56,766 --> 00:13:58,665 in yourself is very, very high. 303 00:13:58,699 --> 00:14:01,323 You don't make mistakes. You don't see them coming. 304 00:14:06,086 --> 00:14:07,777 This stuff weighs more.. 305 00:14:07,812 --> 00:14:09,503 Gold weighs more than this. 306 00:14:09,538 --> 00:14:11,402 Gold weighs more than this for God's sakes. 307 00:14:11,436 --> 00:14:13,438 - Yeah. Better than gold. - Better than gold. 308 00:14:13,473 --> 00:14:15,820 Gold weighs more than this, for God's sakes. 309 00:14:17,857 --> 00:14:19,582 - Hi, John. - Hi, John. 310 00:14:19,617 --> 00:14:22,240 - Hi. - Jerry West. We're the FBI. 311 00:14:22,275 --> 00:14:24,104 But in the end, when he's arrested 312 00:14:24,139 --> 00:14:25,968 and he tilts his head back 313 00:14:26,003 --> 00:14:28,971 and you have a shot hopefully looking down 314 00:14:29,006 --> 00:14:31,008 from the ceiling 315 00:14:31,042 --> 00:14:33,182 and his head should crane up and look right up 316 00:14:33,217 --> 00:14:35,081 into a thing and look off camera 317 00:14:35,115 --> 00:14:36,772 and he's thinking, and what, what are you thinking? 318 00:14:36,806 --> 00:14:38,463 We should cut to what he's thinking. 319 00:14:38,498 --> 00:14:39,844 He's worried about his family. 320 00:14:39,879 --> 00:14:41,777 He's worried about losing everything. 321 00:14:41,811 --> 00:14:44,193 And there were like, four or five things 322 00:14:44,228 --> 00:14:46,092 if he just made a little adjustment here 323 00:14:46,126 --> 00:14:48,439 and made this decision differently there 324 00:14:48,473 --> 00:14:50,993 all of it would have turned out completely differently. 325 00:14:55,964 --> 00:14:58,518 DeLorean was clearly a fast mover 326 00:14:58,552 --> 00:15:00,830 at GM in the early '70s. 327 00:15:00,865 --> 00:15:02,660 Whoever makes the most money at GM 328 00:15:02,694 --> 00:15:04,110 is the most important person. 329 00:15:04,144 --> 00:15:07,492 And everything he touched turn to gold. 330 00:15:07,527 --> 00:15:10,461 So by the time John reaches the 14th floor 331 00:15:10,495 --> 00:15:12,221 better known as the executive level 332 00:15:12,256 --> 00:15:13,947 he's in his mid 40s. 333 00:15:13,982 --> 00:15:16,294 If he just plays his cards right 334 00:15:16,329 --> 00:15:19,194 he's poised to be the next president of General Motors 335 00:15:19,228 --> 00:15:21,506 the largest corporation in the world. 336 00:15:21,541 --> 00:15:24,130 GM was very intentional 337 00:15:24,164 --> 00:15:26,339 on making executives colorless. 338 00:15:26,373 --> 00:15:30,653 And DeLorean was a highly Technicolor person. 339 00:15:30,688 --> 00:15:33,760 He wore open collars. He wore side burns. 340 00:15:33,794 --> 00:15:36,418 He spent his weekends in California. 341 00:15:36,452 --> 00:15:38,523 And you know what an evil influence that is. 342 00:15:38,558 --> 00:15:41,664 He gets significant plastic surgery on his face 343 00:15:41,699 --> 00:15:43,839 to give himself a stronger jaw. 344 00:15:43,873 --> 00:15:46,807 He starts weight lifting and losing weight. 345 00:15:46,842 --> 00:15:48,740 He and his first wife separated 346 00:15:48,775 --> 00:15:51,951 and then he started dating actresses and models 347 00:15:51,985 --> 00:15:54,263 uh, women that were a lot younger than him 348 00:15:54,298 --> 00:15:57,025 uh, and who a lot of GM executives 349 00:15:57,059 --> 00:15:59,303 and their wives thought were age-inappropriate. 350 00:15:59,337 --> 00:16:02,306 I have a reasonably strong sex drive 351 00:16:02,340 --> 00:16:05,412 which I happen to think is an important part of any guy. 352 00:16:05,447 --> 00:16:07,932 No man who ever accomplished something 353 00:16:07,967 --> 00:16:10,728 uh, didn't have that one characteristic. 354 00:16:10,762 --> 00:16:14,387 He married a second wife, Kelly Harmon. Blond bombshell. 355 00:16:14,421 --> 00:16:16,113 She was 19 at the time. 356 00:16:16,147 --> 00:16:18,736 The General Motors PR Department 357 00:16:18,770 --> 00:16:21,014 added a couple years to her age 358 00:16:21,049 --> 00:16:24,017 when the press releases first went out about the marriage. 359 00:16:24,052 --> 00:16:26,537 She lives there in Detroit for two or three years 360 00:16:26,571 --> 00:16:29,367 becomes disillusioned with the marriage and leaves him. 361 00:16:29,402 --> 00:16:31,024 And within a year and a half, 362 00:16:31,059 --> 00:16:33,199 he's married to Cristina Ferrare 363 00:16:33,233 --> 00:16:36,202 the, at that point, world's top super model. 364 00:16:36,236 --> 00:16:38,169 Then he ended up, of course, in the fashion magazines 365 00:16:38,204 --> 00:16:39,239 and that kind of thing. 366 00:16:39,274 --> 00:16:42,104 And while that enhanced his image 367 00:16:42,139 --> 00:16:44,727 outside of the company, it created problems 368 00:16:44,762 --> 00:16:45,866 for him within. 369 00:16:45,901 --> 00:16:47,075 GM can't stand this. 370 00:16:47,109 --> 00:16:48,317 It's pissing them off. 371 00:16:48,352 --> 00:16:49,525 And he goes back to them and says 372 00:16:49,560 --> 00:16:51,389 "Hey, what are you guys worried about? 373 00:16:51,424 --> 00:16:53,253 Look at the sales numbers." 374 00:16:53,288 --> 00:16:56,670 Tom, how do you feel about our retail sales job this past year? 375 00:16:56,705 --> 00:17:00,295 How do I feel? John, I feel great. 376 00:17:00,329 --> 00:17:03,367 Both at Pontiac and at Chevrolet 377 00:17:03,401 --> 00:17:05,921 he was making so much money for the company. 378 00:17:05,955 --> 00:17:08,061 And all the executives that he reported to 379 00:17:08,096 --> 00:17:10,719 who were upset with his lifestyle 380 00:17:10,753 --> 00:17:12,997 upset with him couldn't quite figure out 381 00:17:13,032 --> 00:17:15,068 how he was doing so well, but they could see the numbers 382 00:17:15,103 --> 00:17:17,105 and they knew that showed up in their bonus checks. 383 00:17:17,139 --> 00:17:19,003 And that was the interesting dilemma 384 00:17:19,038 --> 00:17:20,798 for GM with John DeLorean. 385 00:17:28,047 --> 00:17:30,014 This is Boston Harbor 386 00:17:30,049 --> 00:17:32,982 and those are Volkswagens. 387 00:17:34,260 --> 00:17:36,020 They're coming in. 388 00:17:36,055 --> 00:17:38,678 One of the tragic flaws of GM and again 389 00:17:38,712 --> 00:17:41,232 this is something he knew is that the company 390 00:17:41,267 --> 00:17:42,889 was all too willing to do what it was doing 391 00:17:42,923 --> 00:17:44,960 year after year after year because it was working 392 00:17:44,994 --> 00:17:46,789 even though they were ignoring, for instance 393 00:17:46,824 --> 00:17:50,034 the small car market and let it go a lot of time to foreigners. 394 00:17:50,069 --> 00:17:51,829 He saw what was coming from a lot of these imports 395 00:17:51,863 --> 00:17:55,764 these smaller, more fuel efficient, better quality cars. 396 00:17:55,798 --> 00:17:58,111 And he knew the writing was on the wall. 397 00:17:58,146 --> 00:18:01,218 Obviously, I saw the trends very clearly 398 00:18:01,252 --> 00:18:04,221 and I, and I wanted to react to 'em a little bit 399 00:18:04,255 --> 00:18:06,326 perhaps more aggressively than other members 400 00:18:06,361 --> 00:18:07,948 of the industry management. 401 00:18:07,983 --> 00:18:10,434 He had big aspirations. He wanted to stay at GM. 402 00:18:10,468 --> 00:18:12,746 He wanted to be president, he wanted to do things 403 00:18:12,781 --> 00:18:15,094 take the company in directions that they weren't willing to do 404 00:18:15,128 --> 00:18:19,408 because they were so comfortable being the fat cat at the time 405 00:18:19,443 --> 00:18:21,755 being the number one car company in the world. 406 00:18:21,790 --> 00:18:24,379 And that leads to his demise. 407 00:18:27,071 --> 00:18:28,417 There were executives who resented him. 408 00:18:28,452 --> 00:18:29,591 Probably the most prominent 409 00:18:29,625 --> 00:18:31,938 is, is a guy named Roger Kyes. 410 00:18:31,972 --> 00:18:35,079 It was just a total difference of opinion. 411 00:18:35,114 --> 00:18:38,910 I think he considered me, uh, capricious and superficial 412 00:18:38,945 --> 00:18:42,328 and I considered him a pompous ass. 413 00:18:42,362 --> 00:18:44,330 Those enemies in the company 414 00:18:44,364 --> 00:18:47,022 uh, slowly developed kind of a cabal 415 00:18:47,056 --> 00:18:49,438 if you will, against DeLorean. 416 00:18:49,473 --> 00:18:52,200 In 1972, they tasked John 417 00:18:52,234 --> 00:18:55,341 with putting together a speech to talk about GM's quality. 418 00:18:55,375 --> 00:18:57,377 The infamous Greenbrier Speech. 419 00:18:57,412 --> 00:19:00,760 They pre-read all the speeches weeks in advance. 420 00:19:00,794 --> 00:19:03,003 They noticed that the speech not only criticizes 421 00:19:03,038 --> 00:19:05,213 the quality of the cars, but it criticizes a lot 422 00:19:05,247 --> 00:19:07,456 of the executives that are currently there 423 00:19:07,491 --> 00:19:09,148 some of his own bosses. 424 00:19:09,182 --> 00:19:11,011 And they censored a lot of the stuff 425 00:19:11,046 --> 00:19:12,220 that he could say in the speech. 426 00:19:12,254 --> 00:19:14,291 But, you know, he wasn't gonna let it just 427 00:19:14,325 --> 00:19:15,844 rest at that. 428 00:19:15,878 --> 00:19:17,156 There's nothing. 429 00:19:18,329 --> 00:19:19,675 There's something you forgot. 430 00:19:19,710 --> 00:19:21,332 Well, that's the one I'm actually giving 431 00:19:21,367 --> 00:19:23,748 at Greenbrier on Saturday. 432 00:19:23,783 --> 00:19:26,337 This is the speech I should be giving. 433 00:19:26,372 --> 00:19:28,167 What I should be saying is in here 434 00:19:28,201 --> 00:19:31,204 it's somewhere buried like Kyes wants. 435 00:19:31,239 --> 00:19:34,552 - You think it's personal, then? - Oh, sure it's personal. 436 00:19:34,587 --> 00:19:36,692 I wonder how much longer I can do this dance. 437 00:19:36,727 --> 00:19:39,764 I mean, at this rate, it'll be ten years of me 438 00:19:39,799 --> 00:19:41,594 pushing papers that I didn't write 439 00:19:41,628 --> 00:19:43,078 before I'm named president. 440 00:19:43,112 --> 00:19:46,185 And that's, that's not gonna work at all. 441 00:19:47,945 --> 00:19:50,189 Any thoughts on how you might accelerate that? 442 00:19:53,537 --> 00:19:55,711 As a matter of fact, I've got a few ideas, yeah. 443 00:19:56,885 --> 00:20:00,129 If this original speech were to be leaked 444 00:20:00,164 --> 00:20:02,684 there would be some blowback, sure. 445 00:20:02,718 --> 00:20:04,893 But I'd be vindicated. 446 00:20:04,927 --> 00:20:07,240 And in this particular situation 447 00:20:07,275 --> 00:20:09,346 what he wants is for the public and the press 448 00:20:09,380 --> 00:20:12,072 to sort of shame GM and push them in the direction 449 00:20:12,107 --> 00:20:15,317 that he wanted the company to go in. 450 00:20:15,352 --> 00:20:17,285 - Good to see you, Roy. - And you, John. 451 00:20:17,319 --> 00:20:20,115 And he felt that by calling these people out 452 00:20:20,149 --> 00:20:22,497 that this was gonna somehow prop him up and propel him 453 00:20:22,531 --> 00:20:24,809 even faster into the presidency. 454 00:20:26,294 --> 00:20:28,848 His initial speech leaked to the press 455 00:20:28,882 --> 00:20:31,885 and it was all over the news that John DeLorean 456 00:20:31,920 --> 00:20:34,233 is highly critical of General Motors' quality. 457 00:20:36,131 --> 00:20:39,168 DeLorean claimed his enemies had leaked these 458 00:20:39,203 --> 00:20:41,170 the speeches out. 459 00:20:41,205 --> 00:20:44,070 Became apparent that people close to DeLorean 460 00:20:44,104 --> 00:20:46,279 had leaked these speeches out. 461 00:20:46,314 --> 00:20:47,763 You gotta remember this is a person 462 00:20:47,798 --> 00:20:52,181 who was only rewarded for taking big risks. 463 00:20:52,216 --> 00:20:54,736 Dangerous moves. 464 00:20:54,770 --> 00:20:56,634 It didn't work. 465 00:20:56,669 --> 00:21:00,328 No doubt, DeLorean was booted by members of the board 466 00:21:00,362 --> 00:21:02,261 and the corporate directors. 467 00:21:02,295 --> 00:21:06,541 And that forced him out very abruptly in 1973. 468 00:21:13,858 --> 00:21:17,586 DeLorean is ejected from the company 469 00:21:17,621 --> 00:21:21,970 and what should have been a very embarrassing event. 470 00:21:22,004 --> 00:21:27,389 However, he finds a way at making it all heroic. 471 00:21:27,424 --> 00:21:29,184 Being fired or being 1/7th 472 00:21:29,218 --> 00:21:31,151 or 1/10th of some committee 473 00:21:31,186 --> 00:21:33,292 is a very unappealing thing to me. 474 00:21:33,326 --> 00:21:35,742 Obviously, it was very rewarding financially 475 00:21:35,777 --> 00:21:37,813 and it would have been easy to sit there for another 476 00:21:37,848 --> 00:21:40,506 17 years collecting a, you know, a half a million 477 00:21:40,540 --> 00:21:42,611 or three quarters of a million dollars a year 478 00:21:42,646 --> 00:21:45,131 but that really didn't appeal to me very much. 479 00:21:45,165 --> 00:21:49,135 A full career would have been another 15 years. 480 00:21:49,169 --> 00:21:50,654 Well, what's he gonna do? 481 00:21:50,688 --> 00:21:54,209 He's going to count beans with the other executives. 482 00:21:54,243 --> 00:21:57,246 Compared to creating new, cool products 483 00:21:57,281 --> 00:22:00,560 like GTOs, it's completely different. 484 00:22:00,595 --> 00:22:04,323 There's no way DeLorean would have lasted to age 65. 485 00:22:04,357 --> 00:22:08,637 Wow. I can't imagine us selling even close to 5,000 486 00:22:08,672 --> 00:22:11,019 but let's start with that number. 487 00:22:11,053 --> 00:22:13,746 I've got another car, a stainless steel car 488 00:22:13,780 --> 00:22:15,368 you're gonna be crazy about it. 489 00:22:15,403 --> 00:22:17,336 Yeah, okay. Good luck with that, John. 490 00:22:20,339 --> 00:22:21,340 No, that's what the line should be. 491 00:22:21,374 --> 00:22:22,651 T -- the bad version would be 492 00:22:22,686 --> 00:22:23,756 next thing you're gonna be telling us 493 00:22:23,790 --> 00:22:25,205 "You want to build a stainless steel car." 494 00:22:29,417 --> 00:22:30,935 In the back of his mind 495 00:22:30,970 --> 00:22:35,215 this concept car was always stirring. 496 00:22:35,250 --> 00:22:36,941 What he called an ethical car. 497 00:22:36,976 --> 00:22:39,323 Oh, we're doing a sports racing car here. 498 00:22:39,358 --> 00:22:41,843 It's gonna be designed to have an eternal life. 499 00:22:41,877 --> 00:22:44,639 And so we're using a non-corrosive material 500 00:22:44,673 --> 00:22:46,986 so that it'll just stay together forever and ever. 501 00:22:47,020 --> 00:22:49,816 And, so it's gonna be very beautiful aesthetically. 502 00:22:49,851 --> 00:22:52,923 He wanted to build a sophisticated 503 00:22:52,957 --> 00:22:56,720 contemporary looking sports car for the masses. 504 00:22:56,754 --> 00:22:58,929 That wasn't the norm, you know, if you're gonna get 505 00:22:58,963 --> 00:23:00,413 something that's that exotic 506 00:23:00,448 --> 00:23:02,795 and interesting, you're gonna have to get a Ferrari 507 00:23:02,829 --> 00:23:05,107 or a Lamborghini where they only make, you know 508 00:23:05,142 --> 00:23:07,040 a few hundred cars a year. 509 00:23:07,075 --> 00:23:10,734 John was trying to make a mass-produced car. 510 00:23:10,768 --> 00:23:13,392 He set out to compete with the big boys. 511 00:23:13,426 --> 00:23:15,980 It's difficult, if not impossible to 512 00:23:16,015 --> 00:23:18,983 to start up a car company. 513 00:23:19,018 --> 00:23:20,433 Really, the last one you could name 514 00:23:20,468 --> 00:23:23,091 was Chrysler in the 1920s. 515 00:23:23,125 --> 00:23:25,645 And even Chrysler went through bankruptcy. 516 00:23:25,680 --> 00:23:28,234 There aren't many people who'd do that. 517 00:23:28,268 --> 00:23:30,892 Who wanna risk it all. 518 00:23:30,926 --> 00:23:33,826 When he left GM, and he more or less was forced to leave 519 00:23:33,860 --> 00:23:37,208 that became the, the driving force in his motivation. 520 00:23:37,243 --> 00:23:38,589 I'm gonna show them. 521 00:23:38,624 --> 00:23:41,730 And so, it was part dream and part revenge. 522 00:23:50,532 --> 00:23:52,465 There it is. What we always talked about. 523 00:23:53,915 --> 00:23:55,261 What do you think about being named 524 00:23:55,295 --> 00:23:57,919 the head of the entire product program 525 00:23:57,953 --> 00:24:01,647 for the first mass-produced car since Chrysler? 526 00:24:03,511 --> 00:24:06,203 John, uh, look, obviously I'm, I'm flattered, but.. 527 00:24:06,237 --> 00:24:08,343 No buts, Bill. And I'm not flattering you. 528 00:24:08,377 --> 00:24:10,138 This is what you and I were built for. 529 00:24:10,172 --> 00:24:12,278 This is real innovation. 530 00:24:13,935 --> 00:24:15,350 Does innovation include a pension? 531 00:24:16,385 --> 00:24:17,835 - Who's asking? - My wife. 532 00:24:17,870 --> 00:24:20,597 Well, you tell Nina that the greater the risk 533 00:24:20,631 --> 00:24:21,701 the greater the reward. 534 00:24:21,736 --> 00:24:23,151 Besides, this finally puts 535 00:24:23,185 --> 00:24:24,324 you in the driver's seat. 536 00:24:24,359 --> 00:24:26,430 Lemonade, boys? 537 00:24:26,465 --> 00:24:27,431 - Bill. - Thank you. 538 00:24:27,466 --> 00:24:29,709 - Honey. - Thank you. 539 00:24:32,160 --> 00:24:33,920 And you've got the money for this? 540 00:24:33,955 --> 00:24:36,958 Oh, yeah, we've got several sources 541 00:24:36,992 --> 00:24:38,925 of, uh, initial investment. 542 00:24:43,240 --> 00:24:46,174 You two are quite persuasive. 543 00:24:47,382 --> 00:24:49,867 Lemonade was my idea. 544 00:24:49,902 --> 00:24:51,490 It's delicious. 545 00:24:51,524 --> 00:24:52,939 You talk to your wife. 546 00:24:52,974 --> 00:24:56,322 I probably thought about it and my wife would say we should 547 00:24:56,356 --> 00:24:58,531 probably not have done it, having been at GM 548 00:24:58,566 --> 00:25:01,085 where money was never a problem. 549 00:25:01,120 --> 00:25:03,674 You know, you were sort of gambling and you hoped 550 00:25:03,709 --> 00:25:06,056 this thing was gonna work out. 551 00:25:06,090 --> 00:25:09,542 The company really has its founding in two people 552 00:25:09,577 --> 00:25:11,958 that's John DeLorean and Bill Collins. 553 00:25:11,993 --> 00:25:14,443 Collins never reached for glory. 554 00:25:14,478 --> 00:25:17,067 He didn't have so much ego that he needed his name 555 00:25:17,101 --> 00:25:20,519 on the product. He was always behind the scenes. 556 00:25:20,553 --> 00:25:25,247 He was the guy who made DeLorean look good many times. 557 00:25:25,282 --> 00:25:28,112 Bill is a super, wonderful gentleman. 558 00:25:28,147 --> 00:25:30,770 He is one of the world's finest men. 559 00:25:30,805 --> 00:25:33,186 He really is. He is a good man. 560 00:25:33,221 --> 00:25:36,949 And, uh, it was like his dream, was to do this. 561 00:25:38,537 --> 00:25:41,091 I think from the beginning, John's major concern 562 00:25:41,125 --> 00:25:42,333 always was fundraising. 563 00:25:42,368 --> 00:25:44,543 So my objective was to start out 564 00:25:44,577 --> 00:25:46,855 building the first prototype. 565 00:25:46,890 --> 00:25:49,099 This was definitely Bill's baby. 566 00:25:49,133 --> 00:25:50,549 I mean, if there was an issue 567 00:25:50,583 --> 00:25:52,343 that had anything to do with the car 568 00:25:52,378 --> 00:25:56,002 Bill Collins was the guy leading the charge. 569 00:25:56,037 --> 00:25:59,696 That played out basically for the first three years 570 00:25:59,730 --> 00:26:01,698 of the project. 571 00:26:01,732 --> 00:26:03,492 When we finished the first prototype 572 00:26:03,527 --> 00:26:06,461 it was a huge event because now we could say 573 00:26:06,495 --> 00:26:07,945 you know, this isn't some 574 00:26:07,980 --> 00:26:12,122 you know, dream kind of fakery here. This is the real McCoy. 575 00:26:12,156 --> 00:26:14,055 We hadn't solved all the engineering problems yet 576 00:26:14,089 --> 00:26:16,195 but it was exciting, it turned out 577 00:26:16,229 --> 00:26:18,887 to be a great car, in my opinion. 578 00:26:18,922 --> 00:26:23,167 To be part of this thing that might grow into something 579 00:26:23,202 --> 00:26:25,135 that who knows where it would go 580 00:26:25,169 --> 00:26:27,620 it was electrifying. 581 00:26:31,797 --> 00:26:35,214 This is a presentation of The DeLorean Motor Company. 582 00:26:37,319 --> 00:26:39,287 Imagine how many of the men who have headed 583 00:26:39,321 --> 00:26:42,635 each of the major automotive manufacturers have wanted 584 00:26:42,670 --> 00:26:45,914 to create a product starting with a clean sheet of paper. 585 00:26:45,949 --> 00:26:48,020 That is what the DeLorean Motor Company 586 00:26:48,054 --> 00:26:50,332 intends to do. 587 00:26:50,367 --> 00:26:54,509 We were basically a company with no foundation. 588 00:26:54,543 --> 00:26:58,824 And the less you have to secure an investment 589 00:26:58,858 --> 00:27:01,550 the more risky you are to an investor. 590 00:27:01,585 --> 00:27:03,449 And we were pretty risky. 591 00:27:03,483 --> 00:27:08,005 Our asset was John's background experience. 592 00:27:08,040 --> 00:27:12,044 And so he really had to be what we initially were selling. 593 00:27:12,078 --> 00:27:14,149 John DeLorean wants to build a car.. 594 00:27:14,184 --> 00:27:17,014 You have to portray him as being on top of the mountain. 595 00:27:17,049 --> 00:27:20,052 being adored by the world as a savior 596 00:27:20,086 --> 00:27:22,848 of the auto industry. 597 00:27:22,882 --> 00:27:25,920 And we were the dog and pony show experts. 598 00:27:25,954 --> 00:27:28,612 We'd do the set up. We'd do the show. 599 00:27:28,647 --> 00:27:30,441 And then at the precise moment 600 00:27:30,476 --> 00:27:32,340 John DeLorean would come in. 601 00:27:32,374 --> 00:27:34,307 They'd actually see the man and it looked like 602 00:27:34,342 --> 00:27:36,137 he was levitating. 603 00:27:46,492 --> 00:27:49,460 Most of you have already seen my lovely wife, Cristina. 604 00:27:53,395 --> 00:27:56,053 I know she's likely the real reason you're all here tonight. 605 00:27:57,641 --> 00:28:01,369 But in all seriousness, I do have her to thank 606 00:28:01,403 --> 00:28:02,922 along with many others. 607 00:28:02,957 --> 00:28:05,062 In particular, I'd like to recognize 608 00:28:05,097 --> 00:28:09,239 the man I handpicked, essentially stole from GM 609 00:28:09,273 --> 00:28:12,414 to head up the entire DeLorean Motor Company 610 00:28:12,449 --> 00:28:13,657 private program. 611 00:28:13,692 --> 00:28:16,349 Perhaps the finest automotive engineer 612 00:28:16,384 --> 00:28:18,766 I've ever met in my entire life. 613 00:28:18,800 --> 00:28:19,836 Bill Collins. 614 00:28:25,013 --> 00:28:27,119 I know that we may be the new boy on the block 615 00:28:27,153 --> 00:28:30,605 but I also know that on this, the bicentennial 616 00:28:30,639 --> 00:28:34,333 of the American Revolution, we can start making 617 00:28:34,367 --> 00:28:39,338 our version of the American dream a reality. 618 00:28:39,372 --> 00:28:43,169 Allow me to introduce the first incarnation 619 00:28:43,204 --> 00:28:45,931 in the evolution of my dream.. 620 00:28:45,965 --> 00:28:50,038 ...our first vehicle code-named the DMC-12. 621 00:28:50,073 --> 00:28:52,489 The DeLorean Motor Car. 622 00:28:59,910 --> 00:29:02,292 In the early stages 623 00:29:02,326 --> 00:29:04,087 this was all but the second coming. 624 00:29:04,121 --> 00:29:06,848 It was described in Detroit as significant 625 00:29:06,883 --> 00:29:09,644 as the invention of the Ford Model A. 626 00:29:09,678 --> 00:29:11,991 That this was gonna change everything. 627 00:29:31,666 --> 00:29:33,426 I don't think I've sat in one of these probably 628 00:29:33,461 --> 00:29:35,843 since my dad had one on the farm. 629 00:29:35,877 --> 00:29:38,466 There's not much of a tie.. 630 00:29:38,500 --> 00:29:41,434 ...for me to the car as much as people would think. 631 00:29:43,367 --> 00:29:44,852 I don't know if that makes sense. 632 00:29:44,886 --> 00:29:47,371 Being young when this car was built 633 00:29:47,406 --> 00:29:48,752 you just don't understand 634 00:29:48,787 --> 00:29:50,996 the magnitude and the gravity of it. 635 00:29:51,030 --> 00:29:53,481 You know, it's flying over your head at 1,000 miles an hour. 636 00:29:53,515 --> 00:29:56,173 And you know, it's like my dad built this car. 637 00:29:56,208 --> 00:29:58,486 You know, it's got our name on it. 638 00:29:58,520 --> 00:30:00,143 I mean, when I'm in it or I see it 639 00:30:00,177 --> 00:30:03,042 I see my father, I feel my dad. 640 00:30:03,077 --> 00:30:05,804 Uh, but between me and this car 641 00:30:05,838 --> 00:30:07,529 i -- it's a, I think it's a 642 00:30:07,564 --> 00:30:09,738 love-hate relationship, probably. 643 00:30:09,773 --> 00:30:11,775 Half the time, I don't even know what to think of it 644 00:30:11,810 --> 00:30:14,536 you know, to be honest with you, so.. 645 00:30:19,541 --> 00:30:21,750 Probably the, the closest person 646 00:30:21,785 --> 00:30:24,098 I've ever been close to my whole fucking life 647 00:30:24,132 --> 00:30:25,824 was my father. 648 00:30:25,858 --> 00:30:30,000 He adopted me when I was, I mean, two weeks old. 649 00:30:31,726 --> 00:30:34,763 As far as like DeLorean or DeLorean Motor Company 650 00:30:34,798 --> 00:30:36,627 you know, it was just dad going to work 651 00:30:36,662 --> 00:30:38,664 dad's building a car. 652 00:30:38,698 --> 00:30:40,700 I had no clue how famous he was. 653 00:30:40,735 --> 00:30:42,841 Had no clue how famous my mother was. 654 00:30:43,807 --> 00:30:44,946 I think we moved to New York 655 00:30:44,981 --> 00:30:46,637 probably I would say in '74 656 00:30:46,672 --> 00:30:49,917 because then my sister was born in '77. 657 00:30:49,951 --> 00:30:52,264 Throughout my life I understood 658 00:30:52,298 --> 00:30:54,542 that there was this man John DeLorean. 659 00:30:54,576 --> 00:30:56,785 And with this man John DeLorean 660 00:30:56,820 --> 00:31:01,135 came this history of, um, all the things 661 00:31:01,169 --> 00:31:05,449 that are again iconically encompassed by the car. 662 00:31:06,934 --> 00:31:10,869 And then there was my dad. 663 00:31:10,903 --> 00:31:13,941 And I understood that they were 664 00:31:13,975 --> 00:31:15,908 two different people. 665 00:31:17,047 --> 00:31:18,600 When I was little 666 00:31:18,635 --> 00:31:21,224 my dad was at the peak of everything. 667 00:31:22,225 --> 00:31:24,537 There are pictures of us.. 668 00:31:24,572 --> 00:31:27,230 ...and I used to say it's the royal family. 669 00:31:27,264 --> 00:31:29,784 My mom was always so perfect and put together. 670 00:31:29,818 --> 00:31:32,925 And my brother always in his perfect little suit. 671 00:31:32,960 --> 00:31:34,616 Oh, we were so cute. 672 00:31:34,651 --> 00:31:37,274 Like seriously, we were just so cute. 673 00:31:37,309 --> 00:31:39,725 My dad was my best friend. 674 00:31:39,759 --> 00:31:42,107 He just, he taught me everything. 675 00:31:42,141 --> 00:31:44,868 He taught me how to fish. He taught me how to drive. 676 00:31:44,903 --> 00:31:47,871 He taught me how to ride a motorcycle. 677 00:31:47,906 --> 00:31:50,287 This is everything he had been working for. 678 00:31:50,322 --> 00:31:52,738 This was his dream, I mean, being married to my mom 679 00:31:52,772 --> 00:31:54,774 having a family, having an, an apartment 680 00:31:54,809 --> 00:31:57,053 on Fifth Avenue, uh.. 681 00:31:57,087 --> 00:31:59,572 ...buying a farm out in New Jersey 682 00:31:59,607 --> 00:32:01,540 having the car company. 683 00:32:03,093 --> 00:32:08,029 That was probably the best time of his life. 684 00:32:11,274 --> 00:32:13,724 Can you see this well? Is this lit well enough for you? 685 00:32:13,759 --> 00:32:15,381 Because, I mean, I don't.. 686 00:32:15,416 --> 00:32:18,384 I'm a firm believer that that can't be faked. 687 00:32:18,419 --> 00:32:21,974 And now, how happy she is, I don't know. 688 00:32:22,009 --> 00:32:24,114 And she seems pretty happy, but she's a kid. 689 00:32:24,149 --> 00:32:26,910 They're always fairly happy as a rule. 690 00:32:26,945 --> 00:32:30,258 And, but look at how happy he is himself 691 00:32:30,293 --> 00:32:32,536 the subject of the film. 692 00:32:32,571 --> 00:32:35,160 I don't think that can be.. I think he's very happy. 693 00:32:35,194 --> 00:32:37,300 And I have a picture of my family. 694 00:32:37,334 --> 00:32:39,026 And I'm a couple of years older 695 00:32:39,060 --> 00:32:40,993 than my wife than he is from his wife. 696 00:32:41,028 --> 00:32:44,652 So I get this. I get this. 697 00:32:44,686 --> 00:32:48,587 And the problem is that he wanted both. 698 00:32:48,621 --> 00:32:50,347 And when you want both, you can have both 699 00:32:50,382 --> 00:32:53,247 but that's very tough to do. 700 00:32:53,281 --> 00:32:56,284 Cristina, you have been married to this man for seven years. 701 00:32:56,319 --> 00:32:58,631 Tell me about John. 702 00:32:58,666 --> 00:33:01,910 Well, I, unfortunately for everyone else 703 00:33:01,945 --> 00:33:04,706 all of our other friends, they do not know John 704 00:33:04,741 --> 00:33:05,984 the way I do. And if they did -- 705 00:33:06,018 --> 00:33:07,123 Well, that may be better. 706 00:33:07,157 --> 00:33:09,504 No, no, let -- let me be more specific about.. 707 00:33:09,539 --> 00:33:11,886 Because most of the people know John as the 708 00:33:11,920 --> 00:33:14,647 as a businessman and an executive 709 00:33:14,682 --> 00:33:18,548 but I know him as a husband and a loving father. 710 00:33:18,582 --> 00:33:22,724 And he is a totally unselfish, gentle, giving human being. 711 00:33:22,759 --> 00:33:25,313 I grew up and married Prince Charming. 712 00:33:25,348 --> 00:33:26,728 - Really? - That's exactly how I feel. 713 00:33:26,763 --> 00:33:27,936 - Yes. - Alright, John. 714 00:33:27,971 --> 00:33:29,214 Describe her to me. 715 00:33:30,525 --> 00:33:34,115 Yeah, of course, it would take days, but, uh.. 716 00:33:34,150 --> 00:33:37,049 I never in my wildest dreams ever believed 717 00:33:37,084 --> 00:33:39,569 that my life could be so complete and so happy. 718 00:33:39,603 --> 00:33:42,986 And, uh, when there's any kind of a family crisis 719 00:33:43,021 --> 00:33:45,333 she suddenly becomes the Rock of Gibraltar. 720 00:33:45,368 --> 00:33:48,440 She really is the solid, stable part of, you know 721 00:33:48,474 --> 00:33:49,958 our relationship whether.. 722 00:33:49,993 --> 00:33:54,066 She was very perky. Peppy. Upbeat. 723 00:33:54,101 --> 00:33:56,724 And, and she is that way in a lot of the footage 724 00:33:56,758 --> 00:33:58,036 that I've seen. 725 00:33:59,589 --> 00:34:00,969 Do you want me to walk you to the elevator 726 00:34:01,004 --> 00:34:02,074 like I do every morning? 727 00:34:02,109 --> 00:34:04,525 - No. - No? Okay. 728 00:34:04,559 --> 00:34:07,114 Goodbye, sweetheart. Have a wonderful day. 729 00:34:07,148 --> 00:34:09,047 Goodbye, darling. 730 00:34:09,081 --> 00:34:10,220 That's John. Anyway. 731 00:34:10,255 --> 00:34:13,258 But, every woman who has it all 732 00:34:13,292 --> 00:34:15,156 and who works and who has children 733 00:34:15,191 --> 00:34:18,090 and who is in love and who has a loving family 734 00:34:18,125 --> 00:34:21,162 like you cannot be 100 percent at everything. 735 00:34:21,197 --> 00:34:23,613 When I was watching footage, it was to sort of see 736 00:34:23,647 --> 00:34:28,100 what was the public Cristina versus what was the personal 737 00:34:28,135 --> 00:34:29,584 where the cracks were. 738 00:34:31,207 --> 00:34:34,486 I just found out a few hours ago. I know nothing. 739 00:34:34,520 --> 00:34:36,764 I caught a plane. I'm here. 740 00:34:36,798 --> 00:34:39,698 She's so composed. It's amazing, right? 741 00:34:39,732 --> 00:34:43,564 I mean, I feel like she was caught in between 742 00:34:43,598 --> 00:34:45,911 what she wanted things to be like 743 00:34:45,945 --> 00:34:48,948 and, and this is just me speculating obviously 744 00:34:48,983 --> 00:34:51,227 but, like, what she wanted things to be like 745 00:34:51,261 --> 00:34:53,850 and then what would, the reality was. 746 00:34:53,884 --> 00:34:56,956 Not yet. We were just rehearsing. 747 00:34:56,991 --> 00:35:00,305 - Sit down. Sit down you.. - What are you doing? 748 00:35:00,339 --> 00:35:03,101 And obviously with what happened in their lives 749 00:35:03,135 --> 00:35:05,413 with John being arrested, that's a huge.. 750 00:35:05,448 --> 00:35:07,864 I think that's sort of like the culmination of it all. 751 00:35:07,898 --> 00:35:10,936 And, and along the way I'm sure that in their relationship 752 00:35:10,970 --> 00:35:14,664 there were moments where she was very much in love 753 00:35:14,698 --> 00:35:16,735 but wondering... you know 754 00:35:16,769 --> 00:35:19,013 he's incredibly driven and ambitious 755 00:35:19,047 --> 00:35:21,222 and how does she fit into that picture? 756 00:35:21,257 --> 00:35:22,948 Eventually the car will get built 757 00:35:22,982 --> 00:35:26,296 but right now I'm trying to build a brand. 758 00:35:26,331 --> 00:35:30,956 Well, it concerns me where we're gonna raise the children. 759 00:35:30,990 --> 00:35:34,166 Well, wherever we set up shop 760 00:35:34,201 --> 00:35:36,306 we won't have to spend much time there. 761 00:35:36,341 --> 00:35:38,170 All that matters is which government gives us 762 00:35:38,205 --> 00:35:40,310 the most money. 763 00:35:40,345 --> 00:35:41,967 Well, it matters to me. 764 00:35:43,417 --> 00:35:45,350 And it matters to the kids. 765 00:35:48,387 --> 00:35:51,804 Don't worry. It's gonna be great for all of us. 766 00:35:53,323 --> 00:35:54,945 Trust me. 767 00:36:01,642 --> 00:36:04,023 Northern Ireland's now experiencing rioting 768 00:36:04,058 --> 00:36:07,268 on a scale not seen for many years. 769 00:36:07,303 --> 00:36:11,307 Why pick Belfast, Ireland to build your, your motor plant? 770 00:36:11,341 --> 00:36:14,206 Oh, it's very simple, nobody anywhere in the world 771 00:36:14,241 --> 00:36:16,898 would come up with the financing we needed. 772 00:36:16,933 --> 00:36:19,073 Now, nobody else would go to Belfast 773 00:36:19,107 --> 00:36:22,214 because it's such a terrible, dangerous place to be. 774 00:36:22,249 --> 00:36:25,597 I read in the newspapers that John DeLorean had secured 775 00:36:25,631 --> 00:36:29,221 the investment he needed to establish his car project 776 00:36:29,256 --> 00:36:31,327 in Northern Ireland against the background 777 00:36:31,361 --> 00:36:36,228 of the famous troubles that was rife at that time. 778 00:36:36,263 --> 00:36:39,887 The long civil unrest between Catholics and Protestants 779 00:36:39,921 --> 00:36:43,235 scares off industrialists depriving Northern Ireland 780 00:36:43,270 --> 00:36:47,343 of jobs which it needs more than any other area of Britain. 781 00:36:47,377 --> 00:36:50,691 The unemployment was insane. It was 30, 40 percent. 782 00:36:50,725 --> 00:36:53,280 And John had something to offer. 783 00:36:53,314 --> 00:36:54,729 Jobs. 784 00:36:54,764 --> 00:36:57,318 The labor government in Britain at the time 785 00:36:57,353 --> 00:37:00,804 was willing to put in subsidies, loans 786 00:37:00,839 --> 00:37:04,601 a piece of land. But here's the catch. 787 00:37:04,636 --> 00:37:08,329 It's got a population that has never built a car before. 788 00:37:08,364 --> 00:37:10,400 There's no pre-existing structure 789 00:37:10,435 --> 00:37:12,195 to build a car company there. 790 00:37:12,230 --> 00:37:14,404 And you have to do it in two years. 791 00:37:14,439 --> 00:37:17,165 I mean, are you kidding me? 792 00:37:17,200 --> 00:37:20,479 And all they have at this point is a hand-built prototype. 793 00:37:20,514 --> 00:37:24,069 So it was a long list of things to accomplish 794 00:37:24,103 --> 00:37:26,865 to eventually be able to productionize the car. 795 00:37:26,899 --> 00:37:30,524 It became clear to everyone that they needed to have help 796 00:37:30,558 --> 00:37:33,147 to weed out all the problems and actually engineer 797 00:37:33,181 --> 00:37:34,873 this car to be mass-produced. 798 00:37:34,907 --> 00:37:38,394 Well, Colin Chapman comes into the picture. 799 00:37:41,742 --> 00:37:44,054 Probably the finest automobile engineer 800 00:37:44,089 --> 00:37:46,505 I have ever met in my life, Colin Chapman. 801 00:37:46,540 --> 00:37:47,713 I'll introduce Colin now. 802 00:37:49,094 --> 00:37:52,028 Colin Chapman is the founder of Lotus Cars. 803 00:37:52,062 --> 00:37:55,514 He was a pioneer in the racing industry. 804 00:37:55,549 --> 00:37:57,378 He dominated Formula 1. 805 00:37:57,413 --> 00:38:01,762 A deal had been struck with Lotus Cars as a company 806 00:38:01,796 --> 00:38:05,697 and Colin Chapman as a named individual to engineer 807 00:38:05,731 --> 00:38:09,045 and develop DeLorean cars that could enter production. 808 00:38:09,079 --> 00:38:12,738 Well, the idea of working with Lotus sounded like a good idea. 809 00:38:12,773 --> 00:38:14,844 We would all get together and we'd become 810 00:38:14,878 --> 00:38:17,743 a joint organization and go 811 00:38:17,778 --> 00:38:20,125 finish the production design work. 812 00:38:20,159 --> 00:38:22,921 Well, when we first got to Lotus 813 00:38:22,955 --> 00:38:25,820 I mean, right out of the chute, it was kind of awkward. 814 00:38:25,855 --> 00:38:29,928 Here Bill and I and some others had spent years 815 00:38:29,962 --> 00:38:33,587 getting us to this point and then now it was like 816 00:38:33,621 --> 00:38:37,245 Bill Collins and Bob Manion and whoever else was involved 817 00:38:37,280 --> 00:38:41,353 they can kinda, like, just, you know, watch us. 818 00:38:43,113 --> 00:38:44,391 And that of course isn't what 819 00:38:44,425 --> 00:38:45,909 I was gonna do and it certainly 820 00:38:45,944 --> 00:38:47,704 wasn't gonna be what Bill was gonna do. 821 00:38:47,739 --> 00:38:49,982 This is Bill. John in? 822 00:38:50,017 --> 00:38:51,915 Bill, how the hell are ya? 823 00:38:51,950 --> 00:38:55,056 Look, John, I got the contract you sent over. 824 00:38:55,091 --> 00:38:58,336 I have to say, it raises some questions. 825 00:39:00,061 --> 00:39:02,236 You've got a lot in here about Lotus, John 826 00:39:02,270 --> 00:39:03,651 but nothing about me. 827 00:39:03,686 --> 00:39:05,239 Oh, you don't have to worry about that, Bill 828 00:39:05,273 --> 00:39:06,896 it's just a lot of paperwork. 829 00:39:06,930 --> 00:39:08,311 Uh, you know what you're doing. 830 00:39:08,346 --> 00:39:10,037 I understand that, John, but I, I thought 831 00:39:10,071 --> 00:39:12,660 this was supposed to be a collaboration on the redesign 832 00:39:12,695 --> 00:39:15,801 but Chapman's nowhere to be found. 833 00:39:15,836 --> 00:39:18,010 Well, they're doing a lot of R&D, aren't they? 834 00:39:18,045 --> 00:39:19,736 That's the other thing. 835 00:39:19,771 --> 00:39:24,016 This, this company in here, this GPD 836 00:39:24,051 --> 00:39:26,433 I've never even heard of it. 837 00:39:26,467 --> 00:39:27,882 You don't need to worry about that, Bill. 838 00:39:27,917 --> 00:39:31,610 It's not going to affect you at all. Okay? 839 00:39:31,645 --> 00:39:33,232 I don't see how that's possible. 840 00:39:33,267 --> 00:39:36,132 T -- they got a hefty line item in here on engineering 841 00:39:36,166 --> 00:39:38,099 but that's what we're supposed to be doing. 842 00:39:38,134 --> 00:39:39,687 It just seems like you're paying twice 843 00:39:39,722 --> 00:39:42,587 for the same thing, John. 844 00:39:42,621 --> 00:39:45,210 Well, I, I.. It must be some kind of a tax shelter, Bill. 845 00:39:45,244 --> 00:39:47,488 I don't know. I'm not a CPA. I'm sorry. 846 00:39:49,939 --> 00:39:51,699 John, what am I doing here? 847 00:39:53,252 --> 00:39:55,185 Why am I even here? 848 00:39:59,811 --> 00:40:02,779 I liked Bill. I think he'd done a tremendous job. 849 00:40:02,814 --> 00:40:06,611 But the moment I found him reading the contract 850 00:40:06,645 --> 00:40:10,477 it was quite clear that what he'd already decided 851 00:40:10,511 --> 00:40:14,066 in his own mind was true, that he was out of a job. 852 00:40:14,101 --> 00:40:16,621 Colin Chapman was not gonna have 853 00:40:16,655 --> 00:40:20,141 anybody looking over Colin Chapman's shoulder. 854 00:40:20,176 --> 00:40:23,351 To do business like this, don't you have to be pretty ruthless? 855 00:40:24,939 --> 00:40:27,425 Um, I don't think you have to be ruthless. 856 00:40:27,459 --> 00:40:28,943 I -- I think you have to be prepared to make 857 00:40:28,978 --> 00:40:31,429 some unpalatable decisions at times. 858 00:40:31,463 --> 00:40:33,258 'Cause frequently you're faced with 859 00:40:33,292 --> 00:40:35,294 making a decision between two evils 860 00:40:35,329 --> 00:40:37,089 and, and you're gonna hurt somebody. 861 00:40:37,124 --> 00:40:40,023 John DeLorean himself, he knew. 862 00:40:40,058 --> 00:40:42,163 He'd arranged with Chapman that 863 00:40:42,198 --> 00:40:43,993 that this is the way it's gonna be. 864 00:40:44,027 --> 00:40:47,514 Nobody had told the -- the guys from the US team. 865 00:40:47,548 --> 00:40:50,689 It becomes painfully clear that Bill 866 00:40:50,724 --> 00:40:53,243 and his engineering team are out of a job. 867 00:40:53,278 --> 00:40:56,626 And not only that, there's something very fishy going on 868 00:40:56,661 --> 00:40:58,456 with the finances of this deal. 869 00:40:58,490 --> 00:41:01,873 Colin Chapman was going to be willing to do things 870 00:41:01,907 --> 00:41:04,565 that Bill would never have been comfortable with. 871 00:41:04,600 --> 00:41:07,465 And for John, I think that was an important aspect 872 00:41:07,499 --> 00:41:08,983 to this partnership. 873 00:41:09,018 --> 00:41:11,503 And it was the type of thing that was so important to him 874 00:41:11,538 --> 00:41:14,575 at the time that he was willing to sacrifice Bill. 875 00:41:22,307 --> 00:41:25,655 "Dear, John, after much deliberation on my part 876 00:41:25,690 --> 00:41:27,554 "I feel it is obvious to both of us 877 00:41:27,588 --> 00:41:29,521 "that my participation in your venture 878 00:41:29,556 --> 00:41:31,661 "is no longer the same as intended. 879 00:41:33,560 --> 00:41:35,078 "Under the current circumstances 880 00:41:35,113 --> 00:41:37,564 "I feel the only alternative for me is to 881 00:41:37,598 --> 00:41:39,048 "tender my resignation 882 00:41:39,082 --> 00:41:42,016 "in all my present positions at this time. 883 00:41:42,051 --> 00:41:44,363 I wish you and the rest of the team the best of luck." 884 00:41:46,918 --> 00:41:49,576 All these years later.. 885 00:41:49,610 --> 00:41:51,957 ...it still looks great. 886 00:41:51,992 --> 00:41:54,442 And it would be nice to have a brown interior. 887 00:41:57,135 --> 00:41:59,378 Well, it'd-it'd been a long long time 888 00:41:59,413 --> 00:42:01,380 that we'd been working on the project 889 00:42:01,415 --> 00:42:06,972 and -- and I felt that I was being totally undercut by John 890 00:42:07,007 --> 00:42:09,147 and he really owed me a hell of lot more than to 891 00:42:09,181 --> 00:42:11,425 treat me the way he did. 892 00:42:11,459 --> 00:42:13,807 And it just seemed like the time to move on. 893 00:42:15,256 --> 00:42:18,328 Do you remember having the conversation with John 894 00:42:18,363 --> 00:42:19,537 where you said, "I -- I'm resigning?" 895 00:42:19,571 --> 00:42:20,917 No, I don't remember. 896 00:42:20,952 --> 00:42:22,781 I just.. 897 00:42:22,816 --> 00:42:25,439 I think he was happy to see me go. 898 00:42:25,473 --> 00:42:26,923 - Do you really? - Yeah. 899 00:42:26,958 --> 00:42:28,476 He didn't try to stop you at all? 900 00:42:28,511 --> 00:42:29,650 No. 901 00:42:34,897 --> 00:42:36,105 We're all males 902 00:42:36,139 --> 00:42:37,589 but there's something to be said about 903 00:42:37,624 --> 00:42:41,455 being the guy that's sort of the guy that bore the baby 904 00:42:41,489 --> 00:42:44,044 as it were with the DMC-12. 905 00:43:03,304 --> 00:43:05,237 Before we started filming, we knew nothing.. 906 00:43:06,273 --> 00:43:08,655 ...about John DeLorean, really. 907 00:43:13,107 --> 00:43:14,937 We basically came to the project 908 00:43:14,971 --> 00:43:18,181 because a British television station wanted 909 00:43:18,216 --> 00:43:20,977 to do something on Ireland. 910 00:43:21,012 --> 00:43:22,634 And I was thinking, "Oh, boy 911 00:43:22,669 --> 00:43:25,948 we can do a -- a wonderful piece on Yates." 912 00:43:25,982 --> 00:43:28,606 They said, "No, no, we want it to be about automobiles 913 00:43:28,640 --> 00:43:31,574 because everybody in England just loves automobiles." 914 00:43:31,609 --> 00:43:33,438 Like most of our films, you know 915 00:43:33,472 --> 00:43:36,683 the idea was to kind of watch somebody who wants to 916 00:43:36,717 --> 00:43:40,825 fulfill a life dream and, you know, that's who John was. 917 00:43:40,859 --> 00:43:44,173 John Zachary DeLorean certainly doesn't smile much. 918 00:43:44,207 --> 00:43:45,415 The reason is simple. 919 00:43:45,450 --> 00:43:47,348 The most important project in his life 920 00:43:47,383 --> 00:43:49,040 is yet to be accomplished. 921 00:43:49,074 --> 00:43:53,113 He was very guarded because he had so many things 922 00:43:53,147 --> 00:43:57,358 I guess, on his mind to get figured out all the time. 923 00:43:57,393 --> 00:44:01,155 Uh, we've had some kind of criticism right from day one. 924 00:44:01,190 --> 00:44:04,158 First, uh, we were never gonna get the program together. 925 00:44:04,193 --> 00:44:05,677 Then we'd never get the financing. 926 00:44:05,712 --> 00:44:07,334 Then we'd never build the plant. 927 00:44:07,368 --> 00:44:11,200 I don't think the motor car manufacturing industries 928 00:44:11,234 --> 00:44:12,684 whether it be America 929 00:44:12,719 --> 00:44:16,584 UK, mainland, actually ever thought 930 00:44:16,619 --> 00:44:17,758 that it could be done. 931 00:44:17,793 --> 00:44:20,381 Now the critics are forecasting our failure 932 00:44:20,416 --> 00:44:21,797 two or three years from now. 933 00:44:21,831 --> 00:44:24,938 So, I think as long as you can always keep your failure two 934 00:44:24,972 --> 00:44:27,595 or three years in the future, you're probably gonna do okay. 935 00:44:27,630 --> 00:44:30,426 I think DeLorean's problem was at that time 936 00:44:30,460 --> 00:44:32,842 he needed cars and he needed cars in a hurry. 937 00:44:32,877 --> 00:44:36,432 You gotta pick the three or four big markets and go after 'em. 938 00:44:36,466 --> 00:44:38,503 We can't wait 14 months to start selling. 939 00:44:38,537 --> 00:44:43,335 It was a constant panic of racing the clock 940 00:44:43,370 --> 00:44:48,271 and it was a damn the torpedoes and full speed ahead. 941 00:44:48,306 --> 00:44:50,688 It was such a process of building the car 942 00:44:50,722 --> 00:44:52,310 and seeing what -- what was working 943 00:44:52,344 --> 00:44:53,829 and what wasn't working. 944 00:44:53,863 --> 00:44:55,658 We've had problems on the upper control arm 945 00:44:55,693 --> 00:44:56,970 around the ball joint 946 00:44:57,004 --> 00:44:58,557 but we also had a torsion rod failure 947 00:44:58,592 --> 00:44:59,973 at 41,000 cycles. 948 00:45:00,007 --> 00:45:02,941 Everybody knew that there were gonna be problems. 949 00:45:02,976 --> 00:45:05,979 The view you took was, well, yeah, we expected this. 950 00:45:06,013 --> 00:45:08,257 Fine, let's get on and fix it. 951 00:45:08,291 --> 00:45:10,397 It was crazy. Absolutely crazy. 952 00:45:10,431 --> 00:45:12,295 But it was exciting. 953 00:45:12,330 --> 00:45:14,504 You were an operator on the floor seeing that lovely 954 00:45:14,539 --> 00:45:17,680 stainless steel car going together the way it should go. 955 00:45:17,715 --> 00:45:19,786 That was very rewarding. 956 00:45:19,820 --> 00:45:22,754 You felt part of a family when you went in there. 957 00:45:22,789 --> 00:45:25,446 Uh, there was absolutely no trouble 958 00:45:25,481 --> 00:45:27,621 no Protestant, Catholic divide. 959 00:45:27,655 --> 00:45:30,072 One of the proudest achievements, I think 960 00:45:30,106 --> 00:45:34,214 of DeLorean is that it was a form of social experiment. 961 00:45:34,248 --> 00:45:36,803 You had for the first time in Northern Ireland 962 00:45:36,837 --> 00:45:39,771 Catholics and Protestants working alongside each other. 963 00:45:39,806 --> 00:45:42,291 The social experiment was beginning to work. 964 00:45:42,325 --> 00:45:45,812 You can have a mixed work force and be successful. 965 00:45:45,846 --> 00:45:48,746 And two years and eleven months 966 00:45:48,780 --> 00:45:51,990 we had built a factory.. 967 00:45:52,025 --> 00:45:54,268 ...we had designed the car. 968 00:45:54,303 --> 00:45:55,476 The cars were built. 969 00:45:55,511 --> 00:45:58,790 And that was the best time 970 00:45:58,825 --> 00:46:01,517 I have ever had working in any company. 971 00:46:02,967 --> 00:46:06,833 When the first six cars came rolling out 972 00:46:06,867 --> 00:46:09,387 the news crews were all there.. 973 00:46:09,421 --> 00:46:13,218 John was the biggest hero in Northern Ireland that day. 974 00:46:13,253 --> 00:46:15,807 It's incredible that he got 3,500 cars 975 00:46:15,842 --> 00:46:17,982 into the United States on a boat. 976 00:46:18,016 --> 00:46:20,570 We actually sailed on the damn boat, too. 977 00:46:20,605 --> 00:46:25,161 Uh, because I just was so excited to see that happen 978 00:46:25,196 --> 00:46:29,200 because I knew he showed them that he could do it. 979 00:46:29,234 --> 00:46:31,754 Buyers are reported to be queuing up in the United States 980 00:46:31,789 --> 00:46:34,792 for the company's futuristic Goldwing DMC-12. 981 00:46:34,826 --> 00:46:38,450 And D.A., and Chris, you watch their movie 982 00:46:38,485 --> 00:46:42,213 and the perception you get at the end is, this is a success. 983 00:46:42,247 --> 00:46:45,941 Everything was hunky dory and it was great, you know? 984 00:46:45,975 --> 00:46:48,115 We'd succeeded in October '81. 985 00:46:56,779 --> 00:47:01,577 DeLorean is four or five little moves away from victory. 986 00:47:03,682 --> 00:47:06,858 He's on the doorstep of that victory. 987 00:47:06,893 --> 00:47:10,103 You know in -- in the music of it it's like Bolero. 988 00:47:11,173 --> 00:47:12,415 You know, John just says.. 989 00:47:17,489 --> 00:47:19,595 We don't migrate from that. 990 00:47:19,629 --> 00:47:22,046 He's played a pretty high stakes game 991 00:47:22,080 --> 00:47:26,602 and he really, really stays calm and very contained. 992 00:47:26,636 --> 00:47:29,329 And the drama is in him being contained 993 00:47:29,363 --> 00:47:33,091 while everything collapsed around him. 994 00:47:33,126 --> 00:47:35,645 Things started to go south very quickly 995 00:47:35,680 --> 00:47:42,307 um, around the fall of 1981 996 00:47:42,342 --> 00:47:44,862 there was a series of monumental cockups. 997 00:47:44,896 --> 00:47:47,312 So everything's going really smoothly. But it's -- it's -- 998 00:47:47,347 --> 00:47:49,211 Well, I wouldn't say smoothly. 999 00:47:49,245 --> 00:47:51,938 I don't want to, uh, give the appearance that, you know 1000 00:47:51,972 --> 00:47:55,942 everything's just absolutely, uh, perfect. 1001 00:47:55,976 --> 00:47:58,737 When those cars first came off the boat 1002 00:47:58,772 --> 00:48:01,671 they were just a product warranty nightmare. 1003 00:48:01,706 --> 00:48:03,570 The door won't close. The gaps are all wrong. 1004 00:48:03,604 --> 00:48:05,744 The, uh, window wiper won't work. 1005 00:48:05,779 --> 00:48:07,643 The door mechanism won't work. 1006 00:48:07,677 --> 00:48:09,507 You know, that happened when it -- it happened to me once 1007 00:48:09,541 --> 00:48:12,096 getting stuck in the car. Couldn't -- couldn't open the door, you know? 1008 00:48:13,960 --> 00:48:16,169 We reviewed the car. 1009 00:48:16,203 --> 00:48:18,033 It costs more than a Corvette. 1010 00:48:18,067 --> 00:48:21,001 It didn't handle that great. It was kind of slow. 1011 00:48:21,036 --> 00:48:24,798 It was not the car he promised 1012 00:48:24,832 --> 00:48:29,182 this fuel-efficient, high performance car. 1013 00:48:29,216 --> 00:48:31,874 It started to go south when 1014 00:48:31,909 --> 00:48:35,498 this happened in the teeth of 1015 00:48:35,533 --> 00:48:37,845 uh, a diminishing economy. 1016 00:48:37,880 --> 00:48:39,502 Now the dream seems to be fading. 1017 00:48:39,537 --> 00:48:41,539 Sales are way down in the United States 1018 00:48:41,573 --> 00:48:43,472 perhaps for economic reasons 1019 00:48:43,506 --> 00:48:46,509 perhaps because of some dissatisfaction with the car. 1020 00:48:46,544 --> 00:48:49,719 In a scenario where there's a few thousand cars 1021 00:48:49,754 --> 00:48:53,275 coming to the US, there's these quality control issues. 1022 00:48:53,309 --> 00:48:56,692 The lesson that should have been learned from this is 1023 00:48:56,726 --> 00:48:59,005 let's slow production down a little bit more. 1024 00:48:59,039 --> 00:49:02,008 Let's figure out a way to work out all these issues. 1025 00:49:02,042 --> 00:49:04,838 Unfortunately, that's the opposite 1026 00:49:04,872 --> 00:49:06,564 of what John decided to do. 1027 00:49:06,598 --> 00:49:09,808 He pulled the trigger on basically doubling production. 1028 00:49:09,843 --> 00:49:11,465 And what happened? 1029 00:49:11,500 --> 00:49:15,193 These cars were backing up like plague rats 1030 00:49:15,228 --> 00:49:16,815 you know, on the docks. 1031 00:49:16,850 --> 00:49:19,577 And it was just the wrong, wrong move. 1032 00:49:19,611 --> 00:49:20,854 So the question has to be 1033 00:49:20,888 --> 00:49:22,580 well, why did he do this? 1034 00:49:22,614 --> 00:49:24,547 It was a typical John move because 1035 00:49:24,582 --> 00:49:28,241 he saw a little angle in the contract 1036 00:49:28,275 --> 00:49:31,485 where if you upped the amount of people that were working there 1037 00:49:31,520 --> 00:49:33,073 and increased jobs 1038 00:49:33,108 --> 00:49:34,764 then the government was supposed to be giving him 1039 00:49:34,799 --> 00:49:36,042 an infusion of cash. 1040 00:49:36,076 --> 00:49:37,975 And so he thought he was going to take advantage 1041 00:49:38,009 --> 00:49:39,252 of this little clause. 1042 00:49:39,286 --> 00:49:41,944 Anyone who deals with the government knows 1043 00:49:41,979 --> 00:49:44,533 that there that's a risk in itself. 1044 00:49:44,567 --> 00:49:45,983 What if the politics change? 1045 00:49:46,017 --> 00:49:48,847 What if the administration changes? 1046 00:49:48,882 --> 00:49:51,609 Well, Margaret Thatcher happened. 1047 00:49:53,473 --> 00:49:55,337 We'd had a change of government by now. 1048 00:49:55,371 --> 00:49:57,615 The Conservatives were in power. 1049 00:49:57,649 --> 00:50:01,619 Margaret Thatcher, the arch privateer, was prime minister. 1050 00:50:01,653 --> 00:50:04,725 Between Margaret Thatcher as prime minister and us 1051 00:50:04,760 --> 00:50:06,003 there was a secretary of state 1052 00:50:06,037 --> 00:50:08,729 for Northern Ireland, James Prior. 1053 00:50:08,764 --> 00:50:11,111 Well, I suppose my role with DeLorean 1054 00:50:11,146 --> 00:50:14,045 was to keep him under control. 1055 00:50:14,080 --> 00:50:17,531 Labor government had started off the DeLorean business. 1056 00:50:17,566 --> 00:50:19,430 The conservative government 1057 00:50:19,464 --> 00:50:22,778 took a tougher line towards subsidies 1058 00:50:22,812 --> 00:50:25,298 for Northern Ireland for DeLorean. 1059 00:50:25,332 --> 00:50:26,644 DeLorean wanted another 1060 00:50:26,678 --> 00:50:28,922 $76 million from the British. 1061 00:50:28,956 --> 00:50:30,889 If not, he said, "There would be layoffs." 1062 00:50:30,924 --> 00:50:33,030 I don't care about the British 1063 00:50:33,064 --> 00:50:34,790 taxpayers' money or my own money. 1064 00:50:34,824 --> 00:50:37,689 I think the most important thing is we have some people there 1065 00:50:37,724 --> 00:50:40,692 this is a very, very important part of their life 1066 00:50:40,727 --> 00:50:42,280 and nothing in the world 1067 00:50:42,315 --> 00:50:44,075 should be permitted to interfere with it. 1068 00:50:44,110 --> 00:50:49,874 John overestimated the fact that we had created jobs 1069 00:50:49,908 --> 00:50:54,361 and that it was the jobs that would secure 1070 00:50:54,396 --> 00:50:57,364 even more money to keep us alive. 1071 00:50:57,399 --> 00:50:59,884 That was not the way Margaret Thatcher saw it. 1072 00:50:59,918 --> 00:51:03,681 She genuinely took the view that we couldn't go on 1073 00:51:03,715 --> 00:51:06,270 pouring a lot of money after bad. 1074 00:51:06,304 --> 00:51:08,582 And in the end we had to say no. 1075 00:51:09,997 --> 00:51:13,346 The result? We ran out of cash. 1076 00:51:13,380 --> 00:51:17,522 Therefore, we were heading for insolvency. 1077 00:51:17,557 --> 00:51:19,041 And that's at the point when 1078 00:51:19,076 --> 00:51:21,664 things got very serious indeed. 1079 00:51:25,012 --> 00:51:28,050 We have a group right now that, that has got the ability 1080 00:51:28,085 --> 00:51:31,536 to come up with, um, for sure 30 million and up 1081 00:51:31,571 --> 00:51:34,919 you know, upwards of there. 1082 00:51:34,953 --> 00:51:36,541 And during this whole process 1083 00:51:36,576 --> 00:51:39,096 John's back was really up against the wall. 1084 00:51:39,130 --> 00:51:41,926 He had to figure out a way to pay some of the money back 1085 00:51:41,960 --> 00:51:44,446 to the British government as well as present to them 1086 00:51:44,480 --> 00:51:46,758 a feasible way to keep the company open 1087 00:51:46,793 --> 00:51:48,208 and make it profitable 1088 00:51:48,243 --> 00:51:52,109 or else they were threatening to come in, seize the factory 1089 00:51:52,143 --> 00:51:53,524 liquidate the assets 1090 00:51:53,558 --> 00:51:55,491 and everyone was gonna be out of a job. 1091 00:51:55,526 --> 00:51:58,598 Today DeLorean said he is looking for outside financing. 1092 00:51:58,632 --> 00:52:00,393 All I wanna do is keep the factory open 1093 00:52:00,427 --> 00:52:02,326 so that people can work. That.. Nothing else. 1094 00:52:02,360 --> 00:52:04,362 You last said that you'd keep the factory open 1095 00:52:04,397 --> 00:52:06,606 if it was your last breath. Do you still stand by that? 1096 00:52:06,640 --> 00:52:07,883 I'm still trying. 1097 00:52:07,917 --> 00:52:09,885 During the months of, sort of August, September 1098 00:52:09,919 --> 00:52:13,509 we'd had periodic contact with John DeLorean. 1099 00:52:13,544 --> 00:52:15,408 Uh, he on a regular basis 1100 00:52:15,442 --> 00:52:18,790 was coming up with potential funders. 1101 00:52:18,825 --> 00:52:20,275 I spent a lot of time and effort 1102 00:52:20,309 --> 00:52:23,519 but I think we're now just starting out on 1103 00:52:23,554 --> 00:52:25,797 um, a very successful relationship. 1104 00:52:25,832 --> 00:52:27,316 Oh, I think so, too. 1105 00:52:27,351 --> 00:52:28,731 It just took a while to put it together and that's all. 1106 00:52:28,766 --> 00:52:32,873 The workers and, uh, the people closest to him at DMC 1107 00:52:32,908 --> 00:52:34,323 were being told, "Hey, listen 1108 00:52:34,358 --> 00:52:35,807 "everything's gonna be fine. 1109 00:52:35,842 --> 00:52:38,465 I definitely have the sources coming through." 1110 00:52:38,500 --> 00:52:41,744 And we were still at the stage 1111 00:52:41,779 --> 00:52:46,059 where we were hoping and hoping that it would go alright. 1112 00:52:46,093 --> 00:52:47,992 In terms of having that -- that 1113 00:52:48,026 --> 00:52:49,442 you know the first ten million 1114 00:52:49,476 --> 00:52:52,099 it sounds like that's gotta be Tuesday, right? 1115 00:52:52,134 --> 00:52:55,344 I would say I should be able to get that going very quick. 1116 00:52:55,379 --> 00:52:57,450 The impression we got at that time was that 1117 00:52:57,484 --> 00:52:58,934 John had pretty well gotten the money 1118 00:52:58,968 --> 00:53:04,042 by the 17th of October, 1982. 1119 00:53:25,788 --> 00:53:27,134 Hello? 1120 00:53:30,517 --> 00:53:31,863 What? 1121 00:53:40,424 --> 00:53:41,804 What are you talking about? 1122 00:53:43,565 --> 00:53:45,463 We're in the city 1123 00:53:45,498 --> 00:53:47,914 in the apartment at 8:34.. 1124 00:53:47,948 --> 00:53:50,641 Um, the phone rings.. 1125 00:53:50,675 --> 00:53:52,401 Mom, who was that? 1126 00:53:53,299 --> 00:53:55,646 And.. 1127 00:53:55,680 --> 00:53:59,891 ...one phone call, my life changed forever. 1128 00:54:01,479 --> 00:54:03,412 John DeLorean was arrested yesterday 1129 00:54:03,447 --> 00:54:05,621 after he met with undercover drug agents 1130 00:54:05,656 --> 00:54:07,761 who DeLorean apparently thought were going to help him make 1131 00:54:07,796 --> 00:54:10,212 a huge profit in a cocaine deal 1132 00:54:10,247 --> 00:54:12,801 involving more than 100 kilos of cocaine. 1133 00:54:12,835 --> 00:54:16,149 DeLorean's wife, Cristina Ferrare, an actress and model 1134 00:54:16,183 --> 00:54:18,358 arrived in Los Angeles early this morning. 1135 00:54:18,393 --> 00:54:20,257 Wait a minute. Wait a minute. 1136 00:54:20,291 --> 00:54:23,260 I just found out a few hours ago. I know nothing. 1137 00:54:23,294 --> 00:54:25,158 I caught a plane. I'm here. I'm.. 1138 00:54:25,192 --> 00:54:27,056 Everybody was in total shock. 1139 00:54:27,091 --> 00:54:30,405 Uh, nowhere in our wildest dreams did we think 1140 00:54:30,439 --> 00:54:32,199 anything like this would occur. 1141 00:54:32,234 --> 00:54:35,306 John DeLorean may be the perfect proof of the old saying 1142 00:54:35,341 --> 00:54:37,688 "The bigger they come, the harder they fall." 1143 00:54:37,722 --> 00:54:40,311 And we might add, "The more people want to hear about it." 1144 00:54:40,346 --> 00:54:43,349 It was just disbelief. 1145 00:54:43,383 --> 00:54:46,593 And then the news just progressively got 1146 00:54:46,628 --> 00:54:47,836 worse and worse and worse. 1147 00:54:47,870 --> 00:54:51,426 He was expressing an interest in financing 1148 00:54:51,460 --> 00:54:53,324 some type of operation 1149 00:54:53,359 --> 00:54:55,222 that would produce quickly 1150 00:54:55,257 --> 00:54:57,052 large sums of money 1151 00:54:57,086 --> 00:54:58,502 on return from the investment. 1152 00:54:59,399 --> 00:55:03,334 I was shocked out of my socks.. 1153 00:55:03,369 --> 00:55:07,234 ...to see him there in this position that I've never 1154 00:55:07,269 --> 00:55:08,546 I'd never seen him in anything 1155 00:55:08,581 --> 00:55:11,342 except being pretty much on top of the world. 1156 00:55:11,377 --> 00:55:13,068 The sensational case involves 1157 00:55:13,102 --> 00:55:15,312 more than 200 pounds of cocaine 1158 00:55:15,346 --> 00:55:17,590 an elaborate undercover investigation 1159 00:55:17,624 --> 00:55:20,731 the end of the DeLorean car, and much, much more. 1160 00:55:27,151 --> 00:55:28,325 It -- it's been said, 1161 00:55:28,359 --> 00:55:29,567 it's a cliche now 1162 00:55:29,602 --> 00:55:31,397 that the dream had turned 1163 00:55:31,431 --> 00:55:33,778 into a nightmare. 1164 00:55:33,813 --> 00:55:35,711 Could you imagine how we felt 1165 00:55:35,746 --> 00:55:39,819 seeing John DeLorean, our angel.. 1166 00:55:39,853 --> 00:55:42,718 I feel like, there he was going away 1167 00:55:42,753 --> 00:55:48,275 and everybody was downtrodden because we felt sure that, um 1168 00:55:48,310 --> 00:55:51,762 he had done so much, he'd come through again. 1169 00:55:51,796 --> 00:55:55,593 But this time unfortunately, he didn't. 1170 00:55:55,628 --> 00:55:57,077 Well, you're walking out the plant 1171 00:55:57,112 --> 00:55:58,424 for the last time today, how do you feel about it? 1172 00:55:58,458 --> 00:56:00,805 - We got nothin'. - Pretty upset. Yeah. 1173 00:56:00,840 --> 00:56:02,428 What're your chances of getting another job now? 1174 00:56:02,462 --> 00:56:04,430 - None at all. - Not very good at all. 1175 00:56:04,464 --> 00:56:07,018 I had to go into the plant that morning 1176 00:56:07,053 --> 00:56:08,434 call the people together. 1177 00:56:08,468 --> 00:56:11,920 They'd all heard the same thing, of course.. 1178 00:56:11,954 --> 00:56:14,405 And it really was the end. 1179 00:56:14,440 --> 00:56:17,408 I was going around with a auctioneer. 1180 00:56:17,443 --> 00:56:21,378 And, uh, he was putting tags on every piece of equipment. 1181 00:56:23,138 --> 00:56:24,760 That was my last day. 1182 00:56:26,728 --> 00:56:29,903 The expectation of everybody working their hearts out 1183 00:56:29,938 --> 00:56:32,527 over there to get these cars built to a good standard 1184 00:56:32,561 --> 00:56:35,978 and they felt it was, it was gonna be their life. 1185 00:56:38,015 --> 00:56:40,776 And it all fell apart. And it was incredibly sad. 1186 00:56:43,986 --> 00:56:45,954 I meet up with people now and then 1187 00:56:45,988 --> 00:56:50,130 that... either they worked there 1188 00:56:50,165 --> 00:56:51,166 or their dad worked there 1189 00:56:51,200 --> 00:56:52,823 or their granddad worked there 1190 00:56:52,857 --> 00:56:55,688 and you get the same questions, "What was it really like?" 1191 00:56:55,722 --> 00:56:57,552 It was the best job that we ever had. 1192 00:56:59,070 --> 00:57:00,313 And it was the worst day of their lives 1193 00:57:00,347 --> 00:57:02,349 when it finally closed. 1194 00:57:07,216 --> 00:57:09,046 After entering a plea of not guilty 1195 00:57:09,080 --> 00:57:10,634 to all nine drug charges against him 1196 00:57:10,668 --> 00:57:13,050 John DeLorean came out of the federal courthouse 1197 00:57:13,084 --> 00:57:16,363 in Los Angeles with his wife, model Cristina Ferrare 1198 00:57:16,398 --> 00:57:17,848 and the four lawyers who are now 1199 00:57:17,882 --> 00:57:19,228 putting together his defense. 1200 00:57:19,263 --> 00:57:21,161 DeLorean said nothing today 1201 00:57:21,196 --> 00:57:22,611 but he is reported to have told his lawyers 1202 00:57:22,646 --> 00:57:24,855 he was desperate to save his company. 1203 00:57:24,889 --> 00:57:26,477 DeLorean's lawyers are preparing to argue 1204 00:57:26,512 --> 00:57:28,721 the government entrapped DeLorean. 1205 00:57:28,755 --> 00:57:31,068 Give him some room, guys. Give him some room. 1206 00:57:31,102 --> 00:57:35,382 It was the case of the century for that year. 1207 00:57:35,417 --> 00:57:37,488 Because every year has a case of the century 1208 00:57:37,523 --> 00:57:39,076 trial of the century. 1209 00:57:39,110 --> 00:57:42,769 So we were the trial of the century for 1984. 1210 00:57:42,804 --> 00:57:44,530 The sidewalks in front of the courthouse 1211 00:57:44,564 --> 00:57:46,117 will be jammed with reporters 1212 00:57:46,152 --> 00:57:48,188 and camera crews from all over the world. 1213 00:57:48,223 --> 00:57:49,811 Unless you were there and you lived it 1214 00:57:49,845 --> 00:57:54,091 you don't know how captivating it was for the nation. 1215 00:57:54,125 --> 00:57:56,507 A young entrepreneur started hanging around the courthouse 1216 00:57:56,542 --> 00:57:58,716 steps today hawking buttons that say 1217 00:57:58,751 --> 00:58:01,339 "John Z. DeLorean Cocaine Trafficking Trial 1218 00:58:01,374 --> 00:58:02,686 Los Angeles, '84." 1219 00:58:02,720 --> 00:58:08,726 Our public views these as if it's a bad guy, get 'em 1220 00:58:08,761 --> 00:58:10,832 and if it's not a bad guy, get the government. 1221 00:58:10,866 --> 00:58:13,904 It's all really kind of entertainment to the public. 1222 00:58:13,938 --> 00:58:17,908 John DeLorean had some bad news today. 1223 00:58:17,942 --> 00:58:20,876 The Automobile Association named him dealer of the year. 1224 00:58:23,914 --> 00:58:25,778 A businessman down on his luck 1225 00:58:25,812 --> 00:58:27,504 tries to make money in a dope deal. 1226 00:58:27,538 --> 00:58:30,852 I mean that's the, that's the John DeLorean that I knew. 1227 00:58:32,129 --> 00:58:35,235 The case was of overwhelming strength. 1228 00:58:35,270 --> 00:58:38,722 Here's the cocaine and here's your target. 1229 00:58:38,756 --> 00:58:43,278 And he's holding up a glass of champagne, toasting. 1230 00:58:43,312 --> 00:58:45,073 To a lot of success for everybody. 1231 00:58:45,107 --> 00:58:48,525 And says, that this is better than what was it? 1232 00:58:48,559 --> 00:58:49,905 Better than something, uh.. 1233 00:58:49,940 --> 00:58:50,941 It's better than gold. 1234 00:58:52,183 --> 00:58:54,807 Gold weighs more than that, for God's sakes. 1235 00:58:54,841 --> 00:58:57,844 Everybody believed that the events were 1236 00:58:57,879 --> 00:59:01,468 showing John DeLorean in the middle of a drug deal. 1237 00:59:01,503 --> 00:59:05,300 One of the things I asked the jurors very early on was 1238 00:59:05,334 --> 00:59:08,510 "Would it surprise you if I told you you weren't seeing a drug deal?" 1239 00:59:08,545 --> 00:59:11,306 And just hang on and watch the whole movie. 1240 00:59:11,340 --> 00:59:14,689 And at the end, you're gonna see 1241 00:59:14,723 --> 00:59:16,932 it isn't what it appeared to be. 1242 00:59:16,967 --> 00:59:20,418 A real thriller, of course, which it turned out to be. 1243 00:59:27,425 --> 00:59:32,672 Uh -- uh, the case starts with a guy named James Hoffman. 1244 00:59:32,707 --> 00:59:35,295 He was the informant. 1245 00:59:35,330 --> 00:59:37,953 He was somebody who had been a major 1246 00:59:37,988 --> 00:59:42,855 narcotics trafficker who had the bad luck of being caught. 1247 00:59:42,889 --> 00:59:44,926 And he decided to cooperate. 1248 00:59:44,960 --> 00:59:46,444 Valestra. 1249 00:59:46,479 --> 00:59:49,965 Mr. Valestra. It's Jim Hoffman, your favorite CI. 1250 00:59:50,000 --> 00:59:51,346 Uh-huh. 1251 00:59:51,380 --> 00:59:53,313 You're not gonna believe who I had a call with. 1252 00:59:55,039 --> 00:59:57,179 John DeLorean. 1253 00:59:57,214 --> 01:00:01,632 When I got the call from, uh, the CI.. 1254 01:00:01,667 --> 01:00:03,254 ...who's a neighbor of his. 1255 01:00:03,289 --> 01:00:07,155 We were neighbors, uh, out here in California. 1256 01:00:07,189 --> 01:00:09,122 I was across from his ranch in Pauma Valley.. 1257 01:00:09,157 --> 01:00:13,471 He says to me, CI, that John needs some money 1258 01:00:13,506 --> 01:00:16,060 and the inference of drugs was right there. 1259 01:00:16,095 --> 01:00:17,648 You seen the kind of dire straits 1260 01:00:17,683 --> 01:00:18,822 his company's in right now.. 1261 01:00:18,856 --> 01:00:21,652 - Uh-huh. - He needs cash bad. 1262 01:00:21,687 --> 01:00:24,690 And, uh, he doesn't care where it comes from. 1263 01:00:24,724 --> 01:00:26,968 You know, he -- he's gonna be back in Pauma Valley 1264 01:00:27,002 --> 01:00:28,417 at his ranch next week. 1265 01:00:28,452 --> 01:00:30,937 He wants to meet me. We've already set it up. 1266 01:00:30,972 --> 01:00:33,008 Seriously, Jim? You're kidding me. 1267 01:00:33,043 --> 01:00:35,079 My hand to God. 1268 01:00:35,114 --> 01:00:36,460 This is happening. 1269 01:00:36,494 --> 01:00:38,669 I said, well, see what he's got to say. 1270 01:00:38,704 --> 01:00:40,533 Go ahead. See what he has to say. 1271 01:00:40,567 --> 01:00:43,467 Have I ever done you guys wrong before? 1272 01:00:43,501 --> 01:00:45,158 I'll be in touch. 1273 01:00:47,851 --> 01:00:50,370 So at this point it's 1982.. 1274 01:00:50,405 --> 01:00:53,339 Reagan's just announced the war on drugs. 1275 01:00:53,373 --> 01:00:55,582 In a comprehensive attack on drug trafficking 1276 01:00:55,617 --> 01:00:56,963 and organized crime. 1277 01:00:56,998 --> 01:01:00,001 In this time period, a confidential informant 1278 01:01:00,035 --> 01:01:02,866 like James Hoffman can actually make a living 1279 01:01:02,900 --> 01:01:05,869 by introducing the DEA to high-level criminals. 1280 01:01:05,903 --> 01:01:07,767 John. 1281 01:01:07,802 --> 01:01:10,736 - John, great to see you. - You too, Jim. Been a while. 1282 01:01:10,770 --> 01:01:12,289 And in this case 1283 01:01:12,323 --> 01:01:14,601 it's the perfect storm for John DeLorean. 1284 01:01:17,363 --> 01:01:19,848 When Jim first approached John 1285 01:01:19,883 --> 01:01:22,644 i -- it seemed like a very farfetched idea 1286 01:01:22,679 --> 01:01:24,681 that he'd be actually able to help John out. 1287 01:01:24,715 --> 01:01:26,096 These investors.. 1288 01:01:26,130 --> 01:01:28,754 But Jim was throwing out some numbers that seemed 1289 01:01:28,788 --> 01:01:30,341 very alluring to John. 1290 01:01:30,376 --> 01:01:34,035 Ten, twenty, fifty million. 1291 01:01:34,069 --> 01:01:37,245 I thought your investors might like to see these brochures 1292 01:01:37,279 --> 01:01:39,454 that we have made up that really can show you 1293 01:01:39,488 --> 01:01:40,524 how we're all set to -- 1294 01:01:40,558 --> 01:01:42,871 Yeah. Um, there's no need. 1295 01:01:42,906 --> 01:01:44,528 They're not exactly the kind of guys 1296 01:01:44,562 --> 01:01:47,842 that get hung up on paperwork, you know. 1297 01:01:47,876 --> 01:01:49,153 They're Colombian. 1298 01:01:51,708 --> 01:01:54,469 - They in the coffee business? - You might say that. 1299 01:01:56,022 --> 01:02:00,544 They met and the first conversation was not recorded. 1300 01:02:00,578 --> 01:02:03,754 So we don't really know what was said. 1301 01:02:03,789 --> 01:02:06,861 And it was when Hoffman then met with DeLorean. 1302 01:02:06,895 --> 01:02:09,967 At that point, Hoffman comes back to Valestra 1303 01:02:10,002 --> 01:02:12,038 and says, "Yeah, he wants to talk dope." 1304 01:02:12,073 --> 01:02:16,111 I say, Really?" I mean, uh, well, if he, if he said that 1305 01:02:16,146 --> 01:02:20,391 we'd better... have him say it again somewhere. 1306 01:02:20,426 --> 01:02:21,634 Which we did. 1307 01:02:21,668 --> 01:02:23,774 - How you doing? - Doing great. 1308 01:02:23,809 --> 01:02:24,879 What am I doing, interrupting your lunch? 1309 01:02:24,913 --> 01:02:25,880 No.. 1310 01:02:25,914 --> 01:02:27,778 And on September 4th 1311 01:02:27,813 --> 01:02:30,298 the meeting at the Lafont Plaza takes place. 1312 01:02:30,332 --> 01:02:34,164 That's a one-on-one meeting with the CI and John. 1313 01:02:43,414 --> 01:02:44,899 That, uh, video.. 1314 01:02:44,933 --> 01:02:47,660 that's pretty explicit stuff. 1315 01:02:47,694 --> 01:02:49,489 CI writes it all out. 1316 01:02:49,524 --> 01:02:52,630 And the scenarios are right there on the, uh, on the paper. 1317 01:03:10,752 --> 01:03:11,891 During this period of time 1318 01:03:11,926 --> 01:03:14,860 John now is supposed to come up with 1319 01:03:14,894 --> 01:03:17,103 uh, the 1.8 mil. 1320 01:03:17,138 --> 01:03:19,071 That was where it was left. 1321 01:03:19,105 --> 01:03:21,176 So he'd have to put some skin in the game. 1322 01:03:39,367 --> 01:03:41,541 Government attorneys in the John DeLorean trial 1323 01:03:41,576 --> 01:03:43,060 today introduced a videotape 1324 01:03:43,095 --> 01:03:44,648 that is perhaps the most damaging 1325 01:03:44,682 --> 01:03:46,132 evidence against the auto executive. 1326 01:03:46,167 --> 01:03:49,101 The tape was played as part of the testimony of James Hoffman 1327 01:03:49,135 --> 01:03:51,172 a paid undercover informer who was the government's 1328 01:03:51,206 --> 01:03:53,105 key witness against DeLorean. 1329 01:03:53,139 --> 01:03:55,832 Defense attorneys describe the meeting in Washington, DC 1330 01:03:55,866 --> 01:03:58,213 between John DeLorean and the undercover informant 1331 01:03:58,248 --> 01:03:59,421 as a clever lure. 1332 01:03:59,456 --> 01:04:01,285 And as for DeLorean's participation 1333 01:04:01,320 --> 01:04:03,460 in that discussion, the defense team says 1334 01:04:03,494 --> 01:04:05,600 "There's no harm in listening to someone else 1335 01:04:05,634 --> 01:04:06,877 talk about a drug deal." 1336 01:04:12,676 --> 01:04:14,989 For three months during the trial 1337 01:04:15,023 --> 01:04:17,301 we moved to my grandmother's 1338 01:04:17,336 --> 01:04:19,890 grandfather's house in Brentwood. 1339 01:04:19,925 --> 01:04:22,789 You know, I play it all out in my head all the time. 1340 01:04:22,824 --> 01:04:25,033 Something will come up and I'll start thinking about stuff 1341 01:04:25,068 --> 01:04:27,864 and -- and -- and, uh, it'll -- it'll spark a memory 1342 01:04:27,898 --> 01:04:29,831 or trigger something. 1343 01:04:29,866 --> 01:04:32,178 Guys, no matter what happens.. 1344 01:04:32,213 --> 01:04:34,077 Hey, we're gonna be fine. 1345 01:04:34,111 --> 01:04:36,044 Everything's gonna be fine. 1346 01:04:39,530 --> 01:04:42,844 My father was looking at hard-core time. 1347 01:04:42,879 --> 01:04:44,190 And to my parents' credit 1348 01:04:44,225 --> 01:04:46,606 they did what they could to make it as best 1349 01:04:46,641 --> 01:04:50,024 a situation as they could. 1350 01:04:50,058 --> 01:04:51,577 You know, how the fuck do you tell your kid 1351 01:04:51,611 --> 01:04:53,924 that shit ain't okay? 1352 01:04:55,512 --> 01:04:58,964 He just asked me if we're both coming back from court or.. 1353 01:04:58,998 --> 01:05:01,069 I am not going away for this. 1354 01:05:01,104 --> 01:05:04,003 The jury will see how asinine this whole thing is 1355 01:05:04,038 --> 01:05:07,455 and how they set up an innocent man, for God's sakes. 1356 01:05:09,526 --> 01:05:11,079 What do you think about this tie? 1357 01:05:13,392 --> 01:05:14,462 It's fine. 1358 01:05:15,290 --> 01:05:16,705 You sure the brown works? 1359 01:05:16,740 --> 01:05:18,190 I mean, I had a blue one on when they snapped 1360 01:05:18,224 --> 01:05:19,294 this picture, but they can't tell 1361 01:05:19,329 --> 01:05:20,606 'cause it's in black and white. 1362 01:05:21,987 --> 01:05:24,886 - Either -- either way.. - I don't want it to read black. 1363 01:05:24,921 --> 01:05:27,130 I mean, I don't want to send the wrong message. 1364 01:05:27,164 --> 01:05:29,339 - To who, the judge? - No, to everyone. 1365 01:05:29,373 --> 01:05:31,997 Next time they snap my picture, it could be a magazine cover. 1366 01:05:32,031 --> 01:05:33,412 John, either one works fine. 1367 01:05:33,446 --> 01:05:35,276 'Cause it -- it'll be in color if it's a magazine. 1368 01:05:35,310 --> 01:05:36,760 Hey! 1369 01:05:36,794 --> 01:05:38,693 You have to talk to the children. 1370 01:05:48,047 --> 01:05:50,532 Kathryn. Come and give Mommy a hug, sweetie. 1371 01:05:50,567 --> 01:05:52,120 She seems pretty upset. 1372 01:05:55,813 --> 01:05:58,161 Zach, I know you're worried 1373 01:05:58,195 --> 01:06:00,335 but I need you pulling for your old man to win this thing 1374 01:06:00,370 --> 01:06:01,405 alright? 1375 01:06:01,440 --> 01:06:03,511 I just wanna go back to New Jersey. 1376 01:06:03,545 --> 01:06:05,962 So do I. And we will as soon as this thing is over. 1377 01:06:05,996 --> 01:06:08,136 Alright? Zach, look at me. 1378 01:06:09,620 --> 01:06:11,622 Your dad's a winner, right? 1379 01:06:15,972 --> 01:06:19,285 For me it's a double-edged sword that I walk all the time. 1380 01:06:19,320 --> 01:06:21,701 The evidence is there that they set him up.. 1381 01:06:24,532 --> 01:06:27,397 ...but common sense and reality tells me 1382 01:06:27,431 --> 01:06:29,261 that he's not a fuckin' idiot. 1383 01:06:29,295 --> 01:06:30,296 That he must have known 1384 01:06:30,331 --> 01:06:31,815 somethin' was fucked up at some time. 1385 01:06:31,849 --> 01:06:32,919 Come here, sweetie. 1386 01:06:32,954 --> 01:06:34,956 I'm gonna wear the blue tie, okay? 1387 01:06:34,991 --> 01:06:36,233 So, it's like, you know, how the fuck 1388 01:06:36,268 --> 01:06:38,546 could you put our family in jeopardy like that? 1389 01:06:40,065 --> 01:06:42,584 Twenty-one days into the John DeLorean cocaine trial 1390 01:06:42,619 --> 01:06:44,138 defense attorney Howard Weitzman says 1391 01:06:44,172 --> 01:06:46,278 there's no question that John DeLorean can be seen 1392 01:06:46,312 --> 01:06:48,521 and heard on tape talking about narcotics. 1393 01:06:48,556 --> 01:06:49,971 But he says, "The question is 1394 01:06:50,006 --> 01:06:51,490 "how far can the government go 1395 01:06:51,524 --> 01:06:54,458 in dangling a lure in front of a desperate man?" 1396 01:06:54,493 --> 01:06:56,978 When I look back at this case 1397 01:06:57,013 --> 01:06:59,015 Hoffman had said if you give me 1398 01:06:59,049 --> 01:07:00,913 you know, a million and a half two million dollars 1399 01:07:00,947 --> 01:07:02,984 three million dollars, I can get you ten 1400 01:07:03,019 --> 01:07:05,297 fifteen, twenty million dollars back. 1401 01:07:05,331 --> 01:07:06,643 John didn't have the money. 1402 01:07:06,677 --> 01:07:08,852 And logic would tell you 1403 01:07:08,886 --> 01:07:11,268 that that's the end of the investigation. 1404 01:07:23,936 --> 01:07:25,696 Are you sure he can't put any cash in? 1405 01:07:27,181 --> 01:07:30,874 At this point, I don't think DeLorean can scrounge 20Gs 1406 01:07:30,908 --> 01:07:32,324 let alone two million. 1407 01:07:34,188 --> 01:07:36,431 Listen, I've been poring through all these tapes 1408 01:07:36,466 --> 01:07:37,743 and I just don't think we have him yet. 1409 01:07:39,089 --> 01:07:40,711 I think he's got it in collateral. 1410 01:07:40,746 --> 01:07:43,852 Okay, but if collateral's all we get 1411 01:07:43,887 --> 01:07:45,820 then it's got to equal at least that much. 1412 01:07:47,684 --> 01:07:49,444 And -- and listen to me. 1413 01:07:49,479 --> 01:07:51,446 We have got to get it on tape. 1414 01:07:51,481 --> 01:07:53,138 This is my first rodeo, Jerry. 1415 01:07:53,172 --> 01:07:55,278 I know how it works. 1416 01:07:55,312 --> 01:07:57,107 I'm just, I'm just saying un -- until now 1417 01:07:57,142 --> 01:07:58,350 he -- he's been real careful about 1418 01:07:58,384 --> 01:08:02,112 how he parses all his words, so.. 1419 01:08:02,147 --> 01:08:04,666 Well, it's different than a phone call now. 1420 01:08:04,701 --> 01:08:06,530 He's about to walk into a real bank. 1421 01:08:06,565 --> 01:08:08,394 He knows your IC is legit. 1422 01:08:08,429 --> 01:08:10,500 So he won't for one second think that I'm not. 1423 01:08:10,534 --> 01:08:13,537 Still, the more drug references you can slip in, the better. 1424 01:08:13,572 --> 01:08:15,850 We got this, Jerry. 1425 01:08:20,199 --> 01:08:21,442 Throughout the entire thing 1426 01:08:21,476 --> 01:08:23,651 they had to continue changing the script. 1427 01:08:23,685 --> 01:08:25,860 It wasn't going to be, "Here's the two million dollars. 1428 01:08:25,894 --> 01:08:28,449 Here's the drug money back." Boom, you're arrested. 1429 01:08:28,483 --> 01:08:30,692 So then it turned into James Hoffman 1430 01:08:30,727 --> 01:08:32,349 the CI convincing him 1431 01:08:32,384 --> 01:08:34,593 "Hey, I know this crooked banker." 1432 01:08:34,627 --> 01:08:37,285 - Hey, John. - Hi, Jim. 1433 01:08:37,320 --> 01:08:38,390 - Great to see. - You too. 1434 01:08:38,424 --> 01:08:40,288 Have you been here in this area before? 1435 01:08:40,323 --> 01:08:41,979 I've been in San Jose, uh.. 1436 01:08:42,014 --> 01:08:43,636 And, of course, San Francisco. 1437 01:08:43,671 --> 01:08:45,880 The DeLorean case was just one of other cases 1438 01:08:45,914 --> 01:08:48,572 that I was involved in from the standpoint of being a 1439 01:08:48,607 --> 01:08:51,092 an undercover operator working at a bank. 1440 01:08:51,127 --> 01:08:54,060 So the bank provided the perfect undercover front. 1441 01:08:54,095 --> 01:08:55,269 We finally, uh 1442 01:08:55,303 --> 01:08:58,272 shall we say, got together after all this time. 1443 01:08:58,306 --> 01:09:00,619 Yeah, after so many conversations, right? 1444 01:09:00,653 --> 01:09:02,448 Can I get you a cup of coffee? 1445 01:09:02,483 --> 01:09:04,554 At this point of the story John's not gonna put 1446 01:09:04,588 --> 01:09:06,314 any actual money into the game. 1447 01:09:06,349 --> 01:09:08,420 He can potentially put up collateral. 1448 01:09:08,454 --> 01:09:12,113 Ben Tisa is the one that's supposed to now set up 1449 01:09:12,148 --> 01:09:14,253 an alternative situation for John. 1450 01:09:23,849 --> 01:09:27,715 Uh, we had a particular suspect, his name was Hetrick 1451 01:09:27,749 --> 01:09:31,684 uh, who was a pilot who flew cocaine in from Colombia. 1452 01:09:31,719 --> 01:09:34,066 This particular individual has been very successful 1453 01:09:34,100 --> 01:09:35,447 in his business, okay? 1454 01:09:35,481 --> 01:09:36,862 So, the idea came in. 1455 01:09:36,896 --> 01:09:39,416 Well, maybe the dope dealer would invest in 1456 01:09:39,451 --> 01:09:41,315 John DeLorean's company. 1457 01:09:41,349 --> 01:09:42,799 Uh, John DeLorean being told 1458 01:09:42,833 --> 01:09:45,526 the money was going to come from sale of cocaine. 1459 01:09:54,017 --> 01:09:59,229 Would it be possible, um, to allow this gentleman to have, say a.. 1460 01:10:05,235 --> 01:10:07,996 I see no reason why I couldn't do it from my private company. 1461 01:10:08,031 --> 01:10:10,413 Great. That's great. That works. 1462 01:10:10,447 --> 01:10:12,863 In John's mind, once again 1463 01:10:12,898 --> 01:10:15,107 the genius at bending the rules 1464 01:10:15,141 --> 01:10:16,660 finding the little loophole. 1465 01:10:16,695 --> 01:10:18,179 Hey, I'll take this money 1466 01:10:18,214 --> 01:10:21,389 even if it comes from drug -- drug folks. 1467 01:10:21,424 --> 01:10:23,184 But it's coming through a legitimate bank. 1468 01:10:27,740 --> 01:10:29,570 Enter Morgan Hetrick. 1469 01:10:29,604 --> 01:10:32,055 He was somebody that was flying in hundreds 1470 01:10:32,089 --> 01:10:34,851 and hundreds of pounds of cocaine from South America. 1471 01:10:34,885 --> 01:10:37,440 So the government felt that at that point 1472 01:10:37,474 --> 01:10:39,338 that was the best opportunity 1473 01:10:39,373 --> 01:10:42,997 to bring both John and Hetrick down 1474 01:10:43,031 --> 01:10:45,206 is to merge the cases. 1475 01:10:45,241 --> 01:10:46,621 The government told 1476 01:10:46,656 --> 01:10:50,004 Hetrick that John had put in two million dollars 1477 01:10:50,038 --> 01:10:52,524 and that he wanted to do this drug deal with Hetrick. 1478 01:11:01,740 --> 01:11:04,087 And he was given an opportunity 1479 01:11:04,121 --> 01:11:07,401 to stay in the deal without putting money in. 1480 01:11:07,435 --> 01:11:10,127 And, uh, uh, he took it. 1481 01:11:28,042 --> 01:11:30,286 I -- I -- I think it's a great opportunity for me 1482 01:11:30,320 --> 01:11:31,494 from that standpoint. 1483 01:11:31,528 --> 01:11:33,081 So in terms of the drug case 1484 01:11:33,116 --> 01:11:35,636 you've got hours of phone conversations 1485 01:11:35,670 --> 01:11:38,535 hours of videotape showing John 1486 01:11:38,570 --> 01:11:42,436 with these drug dealers and crooked bankers. 1487 01:11:42,470 --> 01:11:43,644 Is the feed secure? 1488 01:11:44,921 --> 01:11:46,025 You sure he's not gonna be able to 1489 01:11:46,060 --> 01:11:47,406 hear anything through this wall? 1490 01:11:47,441 --> 01:11:50,029 John still hasn't given the government anything. 1491 01:11:50,064 --> 01:11:52,722 So they have to introduce this new character 1492 01:11:52,756 --> 01:11:54,551 this sort of mob drug dealer guy. 1493 01:11:54,586 --> 01:11:55,897 Show time. 1494 01:11:55,932 --> 01:11:58,314 He's really gonna crank the pressure up on John. 1495 01:12:09,394 --> 01:12:10,429 Okay. 1496 01:12:10,464 --> 01:12:13,984 When I meet him at the hotel room 1497 01:12:14,019 --> 01:12:18,506 I would be the one that would be handling the drugs. 1498 01:12:18,541 --> 01:12:21,095 All Jim had to do was put it together 1499 01:12:21,129 --> 01:12:23,269 get a, uh, finder's fee 1500 01:12:23,304 --> 01:12:25,755 whatever, and me and my network 1501 01:12:25,789 --> 01:12:28,413 would be going out to 1502 01:12:28,447 --> 01:12:31,277 quadruple the, uh, our investment. 1503 01:12:39,216 --> 01:12:41,495 I'm asking for what.. 1504 01:12:41,529 --> 01:12:43,013 What're you putting up? 1505 01:12:43,048 --> 01:12:44,946 There's no more money from you. 1506 01:12:44,981 --> 01:12:46,465 There's no free lunch, either. 1507 01:12:54,715 --> 01:12:56,164 At this point of the story 1508 01:12:56,199 --> 01:12:58,857 each participant in this deal is trying to outsmart 1509 01:12:58,891 --> 01:13:00,652 and outmaneuver the other person 1510 01:13:00,686 --> 01:13:01,929 for their own gain. 1511 01:13:04,449 --> 01:13:07,037 John wants to get money to save his company. 1512 01:13:07,072 --> 01:13:10,075 You've got Jim Hoffman who's leeching off of the government. 1513 01:13:10,109 --> 01:13:13,492 He begins to enjoy this lifestyle of working 1514 01:13:13,527 --> 01:13:15,632 with the feds. 1515 01:13:15,667 --> 01:13:18,670 And then the feds, they're trying to have that big 1516 01:13:18,704 --> 01:13:21,914 big case for Reagan to tout his war on drugs. 1517 01:13:21,949 --> 01:13:24,710 So everyone is hungry for that one thing 1518 01:13:24,745 --> 01:13:26,125 that they want out of this. 1519 01:13:27,437 --> 01:13:30,129 When you analyze a case like this 1520 01:13:30,164 --> 01:13:32,822 you realize, wait, the informant 1521 01:13:32,856 --> 01:13:34,513 kind of created this 1522 01:13:34,548 --> 01:13:37,447 with the government working with him and it didn't work. 1523 01:13:37,482 --> 01:13:41,175 So they went to a savings and loan, a legitimate bank 1524 01:13:41,209 --> 01:13:43,246 got them to let them use the premises 1525 01:13:43,280 --> 01:13:45,766 you know, like the set in a movie. 1526 01:13:45,800 --> 01:13:49,045 Phase three, they put John together with Morgan Hetrick 1527 01:13:49,079 --> 01:13:53,083 a legitimate, by legitimate, I mean a real smuggler. 1528 01:13:53,118 --> 01:13:56,846 Then they bring in the DEA. 1529 01:13:56,880 --> 01:14:00,712 And John Valestra becomes kind of a mafioso. 1530 01:14:00,746 --> 01:14:02,679 And what they finally came up with 1531 01:14:02,714 --> 01:14:04,025 so John would get his ten 1532 01:14:04,060 --> 01:14:05,993 fifteen, twenty million dollars 1533 01:14:06,027 --> 01:14:08,789 is they got him to put up stock certificates. 1534 01:14:19,696 --> 01:14:23,459 John with his lawyers, corporate lawyer, gives them 1535 01:14:23,493 --> 01:14:27,601 worthless DeLorean stock in a defunct company 1536 01:14:27,635 --> 01:14:29,844 that had no assets. 1537 01:14:29,879 --> 01:14:31,225 Worthless paper. 1538 01:14:32,951 --> 01:14:36,575 And the con was reversed in John's mind. 1539 01:14:36,610 --> 01:14:39,026 So he's putting up zero 1540 01:14:39,060 --> 01:14:42,788 Mr. Hetrick, the smuggler goes and gets the cocaine. 1541 01:14:42,823 --> 01:14:45,135 And then they call DeLorean.. 1542 01:14:45,170 --> 01:14:46,551 You're still on the East Coast? 1543 01:14:46,585 --> 01:14:49,174 I'm on the East Coast and I can do anything you want. 1544 01:14:49,208 --> 01:14:51,832 Uh, it might be conducive, um.. 1545 01:14:53,730 --> 01:14:57,354 ...to you being close by when this thing goes down.. 1546 01:14:57,389 --> 01:15:00,323 And they say to him, "Come to Los Angeles 1547 01:15:00,357 --> 01:15:03,326 we have ten million dollars for you. Come get your money." 1548 01:15:03,360 --> 01:15:07,779 Maybe we'll pop a, uh, a bottle of champagne someplace. 1549 01:15:07,813 --> 01:15:09,297 That would be wonderful. 1550 01:15:09,332 --> 01:15:10,885 And sit back and relax. 1551 01:15:14,751 --> 01:15:16,546 And DeLorean 1552 01:15:16,581 --> 01:15:17,996 who can only think about 1553 01:15:18,030 --> 01:15:20,861 "I gotta get the money to the company," comes to LA. 1554 01:15:23,139 --> 01:15:27,557 And the government picked him up, took him to a hotel room 1555 01:15:27,592 --> 01:15:32,389 opened a bottle of champagne, toasted to their success. 1556 01:15:35,461 --> 01:15:37,187 And one of the agents said 1557 01:15:37,222 --> 01:15:40,363 "Now, John, here's the fruits of our efforts." 1558 01:15:40,397 --> 01:15:42,158 So John, what we're talking about.. 1559 01:15:43,677 --> 01:15:44,919 It's gonna be, uh.. 1560 01:15:48,474 --> 01:15:52,340 And went to the closet, brought out the suitcase of cocaine 1561 01:15:52,375 --> 01:15:53,445 and opened it up. 1562 01:15:53,479 --> 01:15:58,588 Between this and the other half.. 1563 01:15:58,623 --> 01:16:00,107 ...it's gonna generate about four and a half 1564 01:16:00,141 --> 01:16:02,074 not less than four and a half mil. 1565 01:16:07,804 --> 01:16:09,668 This is better than in gold. 1566 01:16:09,703 --> 01:16:12,291 Gold weighs more than that, for God's sakes. 1567 01:16:13,983 --> 01:16:15,329 That's when DeLorean said 1568 01:16:15,363 --> 01:16:17,193 "This is like gold. This is better than gold." 1569 01:16:17,227 --> 01:16:18,919 This is better than gold. 1570 01:16:18,953 --> 01:16:22,094 Gold weighs more than that, for God's sakes. 1571 01:16:22,129 --> 01:16:25,028 Classic line on that tape. 1572 01:16:25,063 --> 01:16:26,823 Hi, John.. 1573 01:16:26,858 --> 01:16:28,031 Jerry West. 1574 01:16:28,066 --> 01:16:30,309 I'm with the FBI. 1575 01:16:30,344 --> 01:16:32,070 And -- and then he was arrested. 1576 01:16:32,104 --> 01:16:35,798 So he wasn't gonna take the drugs. 1577 01:16:35,832 --> 01:16:37,282 He didn't get the ten million dollars. 1578 01:16:37,316 --> 01:16:38,628 Will you stand up, sir? 1579 01:16:38,663 --> 01:16:40,009 And he never was supposed to take the drugs. 1580 01:16:40,043 --> 01:16:41,493 He was only supposed to get the money. 1581 01:16:44,013 --> 01:16:47,879 So why would they bring the drugs out and show them to him? 1582 01:16:47,913 --> 01:16:49,639 And the answer is pretty simple. 1583 01:16:49,674 --> 01:16:51,848 Well, if you're dealing with twelve laypeople 1584 01:16:51,883 --> 01:16:53,609 in the jury box 1585 01:16:53,643 --> 01:16:56,370 you're gonna make them think this was all part of the deal. 1586 01:17:02,928 --> 01:17:05,862 John DeLorean says it's all in God's hands. 1587 01:17:05,897 --> 01:17:07,899 That was his reaction today when six men 1588 01:17:07,933 --> 01:17:10,522 and six women began deliberating his case. 1589 01:17:10,556 --> 01:17:12,041 The jurors, who appeared relaxed 1590 01:17:12,075 --> 01:17:13,663 when they arrived for court today 1591 01:17:13,698 --> 01:17:16,114 began their deliberations shortly before 10:00 a.m. 1592 01:17:16,148 --> 01:17:17,598 Los Angeles time. 1593 01:17:17,633 --> 01:17:20,428 Outside court, John DeLorean's attorney, Howard Weitzman 1594 01:17:20,463 --> 01:17:22,292 expressed the mood on the defense side. 1595 01:17:22,327 --> 01:17:25,710 This is a very difficult time when a case goes to the jury 1596 01:17:25,744 --> 01:17:28,920 'cause you never really know what they're thinking 1597 01:17:28,954 --> 01:17:30,093 or what they're interested in. 1598 01:17:30,128 --> 01:17:32,682 These are very hard cases 1599 01:17:32,717 --> 01:17:35,512 and it requires a unanimous verdict. 1600 01:17:35,547 --> 01:17:36,962 If he got convicted 1601 01:17:36,997 --> 01:17:39,655 he would have received a pretty stiff prison sentence 1602 01:17:39,689 --> 01:17:40,897 for sure. 1603 01:17:40,932 --> 01:17:44,556 And the government was very confident in their case. 1604 01:17:44,590 --> 01:17:46,765 Throughout the case the DeLorean defense 1605 01:17:46,800 --> 01:17:48,698 has hammered away at the tactics used 1606 01:17:48,733 --> 01:17:51,011 by federal agents in their undercover investigation 1607 01:17:51,045 --> 01:17:52,529 of John DeLorean. 1608 01:17:52,564 --> 01:17:55,153 Weitzman asked for acquittal saying, "The government is 1609 01:17:55,187 --> 01:17:57,258 in a sense on trial here." 1610 01:17:57,293 --> 01:18:00,227 We did not believe 1611 01:18:00,261 --> 01:18:03,437 there was an entrapment defense in this case. 1612 01:18:03,471 --> 01:18:05,853 That was a throwaway defense. 1613 01:18:05,888 --> 01:18:08,373 After the long trial, DeLorean's lawyer said 1614 01:18:08,407 --> 01:18:11,065 he'll be stunned whichever way the jury votes. 1615 01:18:11,100 --> 01:18:13,240 John DeLorean put it more simply. 1616 01:18:13,274 --> 01:18:14,931 John, how do you feel? 1617 01:18:14,966 --> 01:18:17,071 It's in the hands of the Lord. 1618 01:18:36,435 --> 01:18:39,576 In the matter of the United States versus John Z. DeLorean 1619 01:18:39,611 --> 01:18:41,544 the jury finds the defendant.. 1620 01:18:43,511 --> 01:18:46,722 ...not guilty on all eight counts. 1621 01:18:48,585 --> 01:18:50,104 Praise the Lord! 1622 01:18:54,315 --> 01:18:55,731 Howard. 1623 01:18:55,765 --> 01:18:58,078 Well done, Howard. Well done. And thank you. 1624 01:19:32,043 --> 01:19:33,458 Come on, boys. 1625 01:19:33,492 --> 01:19:36,806 Back up. Back up. We got a guest. 1626 01:19:36,841 --> 01:19:38,152 Yeah! 1627 01:19:40,189 --> 01:19:42,398 What's up, buddy? Ah, fucker. 1628 01:19:42,432 --> 01:19:43,917 Water everywhere. 1629 01:19:43,951 --> 01:19:45,711 Sit. You guys gonna chill? 1630 01:19:45,746 --> 01:19:46,712 Sit. 1631 01:19:46,747 --> 01:19:49,750 Uh, yeah, this is my, uh.. 1632 01:19:49,785 --> 01:19:51,165 Uh, this is where I live. 1633 01:19:51,200 --> 01:19:53,202 You know, so. 1634 01:19:53,236 --> 01:19:56,170 It's just this, uh, it's a shitty little apartment. 1635 01:19:56,205 --> 01:19:58,345 You know, the paint's fuckin' peeling, uh.. 1636 01:19:58,379 --> 01:20:01,037 And, if you find my housekeeper, tell her she's fired 1637 01:20:01,072 --> 01:20:02,176 'cause she doesn't do a good job 1638 01:20:02,211 --> 01:20:04,247 of cleaning the fuckin' place but.. 1639 01:20:04,282 --> 01:20:07,319 So it's kinda, you know, like, uh.. 1640 01:20:07,354 --> 01:20:08,838 I don't, you guys, I don't know if you've seen 1641 01:20:08,873 --> 01:20:10,529 the apartment or any of that stuff 1642 01:20:10,564 --> 01:20:14,292 but when people know who I am and who my family is 1643 01:20:14,326 --> 01:20:15,845 then they come over, they're like 1644 01:20:15,880 --> 01:20:17,502 "What the fuck?" 1645 01:20:19,193 --> 01:20:20,816 You know, in, even today 1646 01:20:20,850 --> 01:20:23,094 I'll see the car going down the street 1647 01:20:23,128 --> 01:20:25,682 and I'm just like, "It's just fuckin' weird, man." 1648 01:20:27,132 --> 01:20:30,066 For me there's a lot behind the meaning of that car 1649 01:20:30,101 --> 01:20:32,310 not just my family name on it 1650 01:20:32,344 --> 01:20:35,865 but what that fuckin' car did to our family. 1651 01:20:35,900 --> 01:20:38,247 Are you surprised that, um, a feature film hasn't 1652 01:20:38,281 --> 01:20:40,697 been made about your, your dad and his life? 1653 01:20:40,732 --> 01:20:42,872 Yeah. Yeah. 1654 01:20:42,907 --> 01:20:45,150 I mean, it's got all the good shit in it. It's got cocaine. 1655 01:20:45,185 --> 01:20:48,291 It's got fuckin' hot chicks. It's got sports cars. 1656 01:20:48,326 --> 01:20:51,501 It's got fuckin', you know, war torn. 1657 01:20:51,536 --> 01:20:53,572 You know, bombed out buildings overseas. 1658 01:20:53,607 --> 01:20:55,989 It's got fucking Margaret Thatcher, Ronald Reagan 1659 01:20:56,023 --> 01:20:59,199 the war on drugs. You got FBI agents. 1660 01:20:59,233 --> 01:21:03,272 You got, you know, fuckin' hardcore drug dealers 1661 01:21:03,306 --> 01:21:04,514 but.. 1662 01:21:07,034 --> 01:21:11,176 ...my fear with Hollywood is 1663 01:21:11,211 --> 01:21:13,696 they're gonna end it with him 1664 01:21:13,730 --> 01:21:16,423 coming out of the courthouse with Cristina. 1665 01:21:16,457 --> 01:21:17,700 "Whoo-hoo, fucking acquittal! 1666 01:21:17,734 --> 01:21:21,083 Yeah, yeah, yeah!" Fucking credits. You know? 1667 01:21:21,117 --> 01:21:24,155 While that coming out of the courthouse, you know 1668 01:21:24,189 --> 01:21:26,467 ticker tape parade shit is real.. 1669 01:21:28,297 --> 01:21:29,539 Look at what it cost him. 1670 01:21:30,886 --> 01:21:34,130 The sting operation fell through. You were acquitted. 1671 01:21:34,165 --> 01:21:36,339 Um, your wife Cristina stood by you 1672 01:21:36,374 --> 01:21:38,203 throughout the entire trial 1673 01:21:38,238 --> 01:21:39,411 and then 1674 01:21:39,446 --> 01:21:42,380 not but several weeks later, left you. 1675 01:21:42,414 --> 01:21:44,623 - Several days later. - Ah. 1676 01:21:44,658 --> 01:21:47,937 You claim to have been shocked that your wife Cristina 1677 01:21:47,972 --> 01:21:49,905 announced her intentions to divorce you 1678 01:21:49,939 --> 01:21:51,630 shortly after the trial. 1679 01:21:51,665 --> 01:21:55,358 She appeared on this program, spoke, uh, of you 1680 01:21:55,393 --> 01:21:57,878 and, uh, most wifely of terms. 1681 01:21:57,913 --> 01:21:59,052 Here's what she said. 1682 01:21:59,086 --> 01:22:01,744 Can't make a judgment right now. It's not fair. 1683 01:22:01,778 --> 01:22:04,643 It's not fair for, for John and it's not fair for you either 1684 01:22:04,678 --> 01:22:06,818 because if you were in a situation like this 1685 01:22:06,852 --> 01:22:08,302 or any one of your loved ones 1686 01:22:08,337 --> 01:22:10,718 you -- you will find yourself defending them 1687 01:22:10,753 --> 01:22:13,929 as ardently as I'm doing with John. 1688 01:22:13,963 --> 01:22:15,689 That must make you feel at the very least 1689 01:22:15,723 --> 01:22:16,862 mixed to see that. 1690 01:22:16,897 --> 01:22:18,036 It makes you cry, does it? 1691 01:22:18,071 --> 01:22:21,005 Yeah, it's pretty, uh, pretty painful. 1692 01:22:21,039 --> 01:22:23,766 At the time, if I was my mom 1693 01:22:23,800 --> 01:22:26,251 the carpet just got pulled out from underneath me. 1694 01:22:26,286 --> 01:22:27,770 She's 31 years old, man. 1695 01:22:27,804 --> 01:22:29,875 She's still got another eight, nine, ten 1696 01:22:29,910 --> 01:22:32,878 12 years of being top dog. 1697 01:22:32,913 --> 01:22:35,916 And that whole fuckin' career pulled out from underneath you. 1698 01:22:35,951 --> 01:22:38,091 Your whole career has fallen apart. 1699 01:22:38,125 --> 01:22:40,403 I was at the top of my modeling profession. 1700 01:22:40,438 --> 01:22:42,647 I've been doing it for 20 years. 1701 01:22:42,681 --> 01:22:44,890 The last 15 years I've been at the very top of it 1702 01:22:44,925 --> 01:22:46,720 commanding top money. 1703 01:22:46,754 --> 01:22:50,724 And this is July and since January I've had one booking 1704 01:22:50,758 --> 01:22:53,037 and I've made $105. 1705 01:22:53,071 --> 01:22:56,281 And no one will have anything to do with me or my name. 1706 01:22:56,316 --> 01:22:57,420 Not at all. 1707 01:22:59,077 --> 01:23:02,322 I try not to ask my mom about my dad. 1708 01:23:02,356 --> 01:23:06,257 Not because I think that she doesn't have any good memories. 1709 01:23:06,291 --> 01:23:08,811 More because again 1710 01:23:08,845 --> 01:23:11,331 I don't want to 1711 01:23:11,365 --> 01:23:14,920 draw up any, any painful ones. 1712 01:23:14,955 --> 01:23:17,923 It was terrible and tragic what she had to go through. 1713 01:23:17,958 --> 01:23:21,720 So, she had to do something different with her life. 1714 01:23:21,755 --> 01:23:23,688 She had to leave all that behind. 1715 01:23:23,722 --> 01:23:26,829 Shortly after all of that she had her show, AM LA. 1716 01:23:26,863 --> 01:23:29,176 She defined who she was. 1717 01:23:29,211 --> 01:23:31,351 She rebuilt her life and she rebuilt it in 1718 01:23:31,385 --> 01:23:33,180 a fantastic way. 1719 01:23:33,215 --> 01:23:35,493 And credit to her, I get it. I understand it. 1720 01:23:35,527 --> 01:23:38,013 That, you know, you're trying to keep a roof 1721 01:23:38,047 --> 01:23:40,498 and keep a normal 1722 01:23:40,532 --> 01:23:43,121 stable household for your kids. 1723 01:23:45,330 --> 01:23:47,263 Guess what? It's fuckin' gone. 1724 01:23:49,196 --> 01:23:53,269 Stability and sanity left the fuckin' house two years ago 1725 01:23:53,304 --> 01:23:54,960 when he got arrested. 1726 01:23:57,135 --> 01:23:59,931 I had to do an art project for school 1727 01:23:59,965 --> 01:24:02,002 and we had to do appropriation. 1728 01:24:02,037 --> 01:24:05,143 So I appropriated this painting. 1729 01:24:05,178 --> 01:24:08,491 On this side, there's photographs of 1730 01:24:08,526 --> 01:24:10,079 everything perfect. 1731 01:24:10,114 --> 01:24:12,426 And as it goes on 1732 01:24:12,461 --> 01:24:16,292 I started to put in the articles 1733 01:24:16,327 --> 01:24:20,434 from this perfect life to this destroyed life. 1734 01:24:20,469 --> 01:24:23,023 And on the bumper, it says, "Destroy my childhood" 1735 01:24:23,058 --> 01:24:24,335 for DMC. 1736 01:24:29,650 --> 01:24:31,894 - Alright, man. You good? - Uh, yes. 1737 01:24:31,928 --> 01:24:35,070 - We get any last looks on Alec? - We're ready to go. 1738 01:24:35,104 --> 01:24:37,796 That's fine. Let's go. Let's shoot it. 1739 01:24:37,831 --> 01:24:42,974 I'd love to figure out what's the actual turning point? 1740 01:24:43,008 --> 01:24:44,665 When does DeLorean get to a point 1741 01:24:44,700 --> 01:24:47,392 where he could have turned back. 1742 01:24:47,427 --> 01:24:49,843 And maybe avoided everything? 1743 01:24:49,877 --> 01:24:53,571 And whether he went on to complete the car project or not 1744 01:24:53,605 --> 01:24:55,745 he would have lived to fight another battle. 1745 01:24:55,780 --> 01:24:58,058 You know, and, or try another 1746 01:24:58,093 --> 01:24:59,887 iteration of all that. 1747 01:24:59,922 --> 01:25:02,476 And probably succeeded, 'cause he's a very clever guy. 1748 01:25:02,511 --> 01:25:05,134 What's that moment where you could sit there and go 1749 01:25:05,169 --> 01:25:06,687 too late? 1750 01:25:06,722 --> 01:25:10,208 Is it the cocaine deal itself? Or is it before that? 1751 01:25:10,243 --> 01:25:12,003 Is it a series of things? 1752 01:25:12,037 --> 01:25:15,075 Is it a period of time where he's doing a few things? 1753 01:25:15,110 --> 01:25:17,491 When does John 1754 01:25:17,526 --> 01:25:20,391 put in all the chips on the table and he loses? 1755 01:25:27,122 --> 01:25:30,159 I saw the drug trial as a sideshow. 1756 01:25:30,194 --> 01:25:33,162 To me much more substantial 1757 01:25:33,197 --> 01:25:36,407 was how DeLorean was handling the money 1758 01:25:36,441 --> 01:25:39,755 that he had gotten to build the car in Northern Ireland. 1759 01:25:41,619 --> 01:25:43,828 You know, every piece of paper tells a story 1760 01:25:43,862 --> 01:25:46,210 of what people were doing and how they were doing it. 1761 01:25:46,244 --> 01:25:49,178 Well, this transaction happened before this transaction 1762 01:25:49,213 --> 01:25:51,007 and that led to this transaction. 1763 01:25:51,042 --> 01:25:53,769 I was brought in to analyze the affairs of 1764 01:25:53,803 --> 01:25:56,772 DeLorean Motor Company and go deep into its affairs 1765 01:25:56,806 --> 01:25:59,395 its activities and its transactions. 1766 01:25:59,430 --> 01:26:00,983 We didn't really understand that at first, 1767 01:26:01,017 --> 01:26:03,054 but it turned out to be the critical moment 1768 01:26:03,088 --> 01:26:06,161 in untangling the affairs of John DeLorean. 1769 01:26:06,195 --> 01:26:08,818 And as it became clear you start to see yet again 1770 01:26:08,853 --> 01:26:10,441 another side of John. 1771 01:26:12,167 --> 01:26:14,824 When the company was developing in those heady days of 1772 01:26:14,859 --> 01:26:17,482 excitement and energy around the company around John 1773 01:26:17,517 --> 01:26:19,967 investors all wanted to get a piece of it. 1774 01:26:20,002 --> 01:26:22,280 You know, in -- in trying to raise all the capital 1775 01:26:22,315 --> 01:26:24,317 John was really selling himself. 1776 01:26:24,351 --> 01:26:25,904 He was selling his image. 1777 01:26:25,939 --> 01:26:28,079 Ah, you know, the slogan "Live the Dream" 1778 01:26:28,113 --> 01:26:30,426 that's what people were supposedly buying into 1779 01:26:30,461 --> 01:26:32,221 when they invested in his company. 1780 01:26:32,256 --> 01:26:35,017 And John sensing that interest and wanting to raise money 1781 01:26:35,051 --> 01:26:37,295 if it was available was able to raise 1782 01:26:37,330 --> 01:26:39,021 seventeen and a half million dollars 1783 01:26:39,055 --> 01:26:41,126 for the development of the vehicle. 1784 01:26:41,161 --> 01:26:43,681 But as it turns out, the British government had also 1785 01:26:43,715 --> 01:26:45,510 put up enough money by then 1786 01:26:45,545 --> 01:26:47,374 that their funds were actually being used 1787 01:26:47,409 --> 01:26:49,376 to pay for the development of the vehicle. 1788 01:26:49,411 --> 01:26:53,000 And therefore this money wasn't needed so much at that point. 1789 01:26:53,035 --> 01:26:56,418 And John, seeing this pot of money, couldn't resist. 1790 01:26:56,452 --> 01:26:58,937 Federal investigators and bankruptcy lawyers say 1791 01:26:58,972 --> 01:27:02,147 they have uncovered another secret DeLorean deal. 1792 01:27:02,182 --> 01:27:05,254 This one arranged at a hotel in Geneva, Switzerland 1793 01:27:05,289 --> 01:27:08,326 long before the alleged drug deal. 1794 01:27:08,361 --> 01:27:11,847 A deal had been struck in Switzerland 1795 01:27:11,881 --> 01:27:14,953 with Colin Chapman, the chairman of Lotus 1796 01:27:14,988 --> 01:27:17,439 and the mysterious organization 1797 01:27:17,473 --> 01:27:20,511 called GPD Services. 1798 01:27:20,545 --> 01:27:22,098 And what's interesting 1799 01:27:22,133 --> 01:27:24,825 becomes very clear that Bill Collins was onto something 1800 01:27:24,860 --> 01:27:27,587 several years earlier when he was analyzing 1801 01:27:27,621 --> 01:27:29,692 the DeLorean-Lotus agreement. 1802 01:27:29,727 --> 01:27:32,281 When I looked at the numbers that they put together 1803 01:27:32,316 --> 01:27:34,594 I said to John, "What's the deal?" 1804 01:27:34,628 --> 01:27:35,836 GPD? 1805 01:27:35,871 --> 01:27:37,113 I've never even heard of it. 1806 01:27:37,148 --> 01:27:38,701 It just seems like you're paying twice 1807 01:27:38,736 --> 01:27:40,116 for the same thing, John. 1808 01:27:40,151 --> 01:27:41,773 Obviously looking back on it now 1809 01:27:41,808 --> 01:27:43,844 there were things going on behind the scene. 1810 01:27:43,879 --> 01:27:47,192 John and Chapman were trying to figure out 1811 01:27:47,227 --> 01:27:50,023 the, uh, game they were playing with GPD 1812 01:27:50,057 --> 01:27:52,025 and trying to get various.. 1813 01:27:52,059 --> 01:27:55,097 ...uh, arrangements put together. 1814 01:27:55,131 --> 01:27:58,721 In the scene we shot yesterday, he hangs up with Collins. 1815 01:27:58,756 --> 01:28:01,517 And everybody who's good 1816 01:28:01,552 --> 01:28:03,416 they've all got to go. You know? 1817 01:28:03,450 --> 01:28:06,867 Because their goodness becomes useless to John. 1818 01:28:06,902 --> 01:28:09,111 You know, they just don't do me any good. 1819 01:28:09,145 --> 01:28:12,079 Apart from denying that he had any of the GPD money 1820 01:28:12,114 --> 01:28:15,151 John DeLorean is reluctant to discuss GPD. 1821 01:28:15,186 --> 01:28:17,671 Can you give that an answer now to those allegations 1822 01:28:17,706 --> 01:28:19,949 about the missing $17 million? 1823 01:28:24,126 --> 01:28:27,094 So now we fast forward into the investigation 1824 01:28:27,129 --> 01:28:30,097 and we start peeling back the layers of GPD. 1825 01:28:30,132 --> 01:28:33,342 GPD is supposedly 1826 01:28:33,377 --> 01:28:35,310 this middleman company 1827 01:28:35,344 --> 01:28:40,176 to deliver certain other engineering services. 1828 01:28:40,211 --> 01:28:44,974 In truth, it had no other engineers. 1829 01:28:45,009 --> 01:28:47,183 It had, it had no facilities 1830 01:28:47,218 --> 01:28:49,807 to deliver these engineering services. 1831 01:28:49,841 --> 01:28:52,913 GPD was a mailbox. 1832 01:28:52,948 --> 01:28:55,675 GPD is a phony, a shell company 1833 01:28:55,709 --> 01:28:58,574 nothing more than a post office box in a neighborhood branch 1834 01:28:58,609 --> 01:29:00,058 of the Geneva Post Office. 1835 01:29:00,093 --> 01:29:03,476 Post Office Box 33. 1836 01:29:03,510 --> 01:29:06,030 It turns out, John made a deal with 1837 01:29:06,064 --> 01:29:09,102 Colin Chapman at Lotus Cars that he would send 1838 01:29:09,136 --> 01:29:11,553 the seventeen and a half million dollars from investors 1839 01:29:11,587 --> 01:29:15,246 into GPD and then Colin took the money from there 1840 01:29:15,280 --> 01:29:19,181 funneled it into European bank accounts, split it with John. 1841 01:29:19,215 --> 01:29:20,872 John then maneuvered that money 1842 01:29:20,907 --> 01:29:23,530 back to his own accounts in the United States 1843 01:29:23,565 --> 01:29:25,705 therefore converting the investor money 1844 01:29:25,739 --> 01:29:27,362 into his own money. 1845 01:29:31,227 --> 01:29:34,334 I think there's a real fascinating allegory here. 1846 01:29:34,369 --> 01:29:36,854 You did sell your soul, John DeLorean. 1847 01:29:36,888 --> 01:29:40,064 You sold it for the greater glory of John DeLorean 1848 01:29:40,098 --> 01:29:42,135 who was going to whip General Motors and all these 1849 01:29:42,169 --> 01:29:44,206 multibillion dollar, multinational companies 1850 01:29:44,240 --> 01:29:45,828 with your own dream car. 1851 01:29:45,863 --> 01:29:48,762 And in that vision, not only did you jeopardize 1852 01:29:48,797 --> 01:29:50,350 the well-being of your family 1853 01:29:50,385 --> 01:29:52,421 you've risked yourself for a jail term 1854 01:29:52,456 --> 01:29:54,285 got off because the government blew it. 1855 01:29:54,319 --> 01:29:56,149 Now we have other indictments 1856 01:29:56,183 --> 01:29:59,946 which, which indicate that it's possible that, that 1857 01:29:59,980 --> 01:30:02,776 your, that your fatigue and your egomania 1858 01:30:02,811 --> 01:30:05,710 have forced you to use money for your own purpose rather than 1859 01:30:05,745 --> 01:30:07,643 the original intent of the investors. 1860 01:30:07,678 --> 01:30:10,853 That's what seems to be most apparent to anybody 1861 01:30:10,888 --> 01:30:13,649 who gives a cursory review of the evidence in this case. 1862 01:30:13,684 --> 01:30:15,755 Well, as I said early on 1863 01:30:15,789 --> 01:30:18,447 I think that we will prove conclusively 1864 01:30:18,482 --> 01:30:21,899 that every single cent was legitimately and honestly 1865 01:30:21,933 --> 01:30:26,006 uh, come by and that all these charges are totally false. 1866 01:30:28,733 --> 01:30:32,081 So, a -- as these questions are being brought up 1867 01:30:32,116 --> 01:30:35,464 and John is preparing to have to answer these questions 1868 01:30:35,499 --> 01:30:38,225 uh, he needed to show some sort of proof 1869 01:30:38,260 --> 01:30:40,849 that made the deal not look shady. 1870 01:30:40,883 --> 01:30:43,299 And that proof was actually a loan letter 1871 01:30:43,334 --> 01:30:46,406 from GPD Services and a paper trail 1872 01:30:46,441 --> 01:30:49,305 that GPD services was a loan to him 1873 01:30:49,340 --> 01:30:51,135 and that he still had several years before 1874 01:30:51,169 --> 01:30:53,137 he had to pay back that loan. 1875 01:30:53,171 --> 01:30:55,277 He puts together these documents 1876 01:30:55,311 --> 01:30:58,591 that only he and one other person would be privy to 1877 01:30:58,625 --> 01:31:00,869 and that being Colin Chapman from Lotus. 1878 01:31:00,903 --> 01:31:04,562 Well, several years earlier, Colin Chapman dropped dead 1879 01:31:04,597 --> 01:31:05,598 of a heart attack. 1880 01:31:05,632 --> 01:31:07,462 And the only other person 1881 01:31:07,496 --> 01:31:08,532 in, you know 1882 01:31:08,566 --> 01:31:11,466 this little transaction was John. 1883 01:31:11,500 --> 01:31:13,019 So while I was busy studying the records 1884 01:31:13,053 --> 01:31:15,055 and looking at financial transactions 1885 01:31:15,090 --> 01:31:18,265 the lawyers were busy talking to Cristina Ferrare. 1886 01:31:18,300 --> 01:31:21,510 Cristina testified under oath 1887 01:31:21,545 --> 01:31:23,857 that she saw John 1888 01:31:23,892 --> 01:31:26,101 working in a large closet 1889 01:31:26,135 --> 01:31:29,656 with latex gloves on 1890 01:31:29,691 --> 01:31:31,727 signing documents, backdating them 1891 01:31:31,762 --> 01:31:35,041 and then aging the documents under a sun lamp. 1892 01:31:35,075 --> 01:31:38,078 So when the documents would be forensically examined later on 1893 01:31:38,113 --> 01:31:39,770 his fingerprints wouldn't be on it. 1894 01:31:39,804 --> 01:31:41,461 His skin oil wouldn't be on it 1895 01:31:41,496 --> 01:31:43,912 and of course the paper would have aged under the sun lamp. 1896 01:31:43,946 --> 01:31:46,224 And she testified that she saw him do that. 1897 01:31:46,259 --> 01:31:49,918 So, John was very busy creating a set of documents 1898 01:31:49,952 --> 01:31:53,473 in the dark of night, but his wife was watching him. 1899 01:31:56,200 --> 01:31:59,203 After reviewing the records, there came a time 1900 01:31:59,237 --> 01:32:02,171 when the trial started to recover this money 1901 01:32:02,206 --> 01:32:03,794 that John had taken from the company. 1902 01:32:03,828 --> 01:32:07,176 And I started to really get a good look at John as a person 1903 01:32:07,211 --> 01:32:09,593 and the true nature of his character. 1904 01:32:09,627 --> 01:32:11,318 So, he walks in court one day 1905 01:32:11,353 --> 01:32:12,768 and then he looks at me and he says 1906 01:32:12,803 --> 01:32:14,080 "I was on the radio this morning. 1907 01:32:14,114 --> 01:32:16,772 I was talking about you and your testimony." 1908 01:32:16,807 --> 01:32:19,257 He goes, "But I'm not sure I got your name right." 1909 01:32:19,292 --> 01:32:23,365 He said, "Is there one H in Shithead or two?" 1910 01:32:23,399 --> 01:32:25,678 And I said, "Wow." 1911 01:32:25,712 --> 01:32:28,819 But by then I also realized we had him. 1912 01:32:28,853 --> 01:32:32,132 In other words, he was acting out because we knew we had him. 1913 01:32:32,167 --> 01:32:34,307 Between us having the financial evidence 1914 01:32:34,341 --> 01:32:36,896 and Cristina would testify 1915 01:32:36,930 --> 01:32:40,589 that John had been forging documents and aging documents 1916 01:32:40,624 --> 01:32:42,315 John needed to settle that case 1917 01:32:42,349 --> 01:32:44,110 actually cough up the money 1918 01:32:44,144 --> 01:32:46,422 that had been stolen from the investors 1919 01:32:46,457 --> 01:32:48,321 in the DeLorean partnership. 1920 01:32:48,355 --> 01:32:49,943 Would you deny therefore that you had 1921 01:32:49,978 --> 01:32:51,773 any of that $17 million? 1922 01:32:51,807 --> 01:32:54,810 Excuse me a minute. I have to get a drink. 1923 01:32:54,845 --> 01:32:57,606 John DeLorean was not prepared to answer any further questions 1924 01:32:57,641 --> 01:33:00,644 about the missing $17.6 million. 1925 01:33:07,202 --> 01:33:10,826 In the drug trial, John really could grasp on to that idea of 1926 01:33:10,861 --> 01:33:13,001 I was the victim here, you know? 1927 01:33:13,035 --> 01:33:17,522 I got sucked into a situation of overzealous people 1928 01:33:17,557 --> 01:33:20,146 overzealous government that was trying to take me down 1929 01:33:20,180 --> 01:33:21,941 as a legitimate business owner. 1930 01:33:21,975 --> 01:33:24,633 In the case of the money trials 1931 01:33:24,668 --> 01:33:28,326 it's very hard to take the approach that he was the victim 1932 01:33:28,361 --> 01:33:30,501 because all of it was his own doing. 1933 01:33:30,535 --> 01:33:33,297 You start to see, you know, this real true character 1934 01:33:33,331 --> 01:33:37,266 this underlying nature of John, not the public persona that 1935 01:33:37,301 --> 01:33:39,510 he had worked so hard to cultivate for years. 1936 01:33:39,544 --> 01:33:43,652 He had built this giant bubble of an image 1937 01:33:43,687 --> 01:33:47,863 making him believe he could kind of get away with anything. 1938 01:33:47,898 --> 01:33:50,832 This was not the little guy fighting 1939 01:33:50,866 --> 01:33:52,972 the Goliath like GM. 1940 01:33:53,006 --> 01:33:56,527 This instead was someone in his business dealings 1941 01:33:56,561 --> 01:33:58,563 who acted like the Goliath 1942 01:33:58,598 --> 01:34:01,705 and trampled on other people's dreams 1943 01:34:01,739 --> 01:34:06,088 and really hurt some individuals very badly. 1944 01:34:06,123 --> 01:34:08,746 I'm not a psychiatrist, but I think that 1945 01:34:08,781 --> 01:34:11,128 he was okay in the beginning 1946 01:34:11,162 --> 01:34:14,269 and I think he just got carried away. 1947 01:34:14,303 --> 01:34:17,548 I think he could have saved it if he'd had the right attitude. 1948 01:34:17,582 --> 01:34:19,861 But I think he thought it was more important to make a buck 1949 01:34:19,895 --> 01:34:24,210 than to be successful. 1950 01:34:24,244 --> 01:34:26,419 That is part of the real tragedy 1951 01:34:26,453 --> 01:34:28,973 in going back to the what-ifs. 1952 01:34:29,008 --> 01:34:33,357 You know, what if John and Colin hadn't embezzled that money 1953 01:34:33,391 --> 01:34:36,601 and he had still had seventeen and a half million dollars at the time 1954 01:34:36,636 --> 01:34:39,190 when he needed desperately cash to keep the company open? 1955 01:34:39,225 --> 01:34:40,226 We're the FBI. 1956 01:34:40,260 --> 01:34:42,090 By stealing that money 1957 01:34:42,124 --> 01:34:44,368 John really painted himself into a corner. 1958 01:34:44,402 --> 01:34:46,784 And he had to find the money somewhere else. 1959 01:34:46,819 --> 01:34:49,166 And to think if he could have only held on 1960 01:34:49,200 --> 01:34:51,513 for a few more years. 1961 01:35:05,216 --> 01:35:06,252 Doc! 1962 01:35:07,494 --> 01:35:10,014 - Marty! You made it! - Yeah. 1963 01:35:10,049 --> 01:35:11,498 Welcome to my latest experiment. 1964 01:35:11,533 --> 01:35:12,499 This is the big one, the one I've been 1965 01:35:12,534 --> 01:35:14,018 waiting for all my life. 1966 01:35:14,053 --> 01:35:16,400 - Wow, it's a DeLorean. - Bear with me, Marty. 1967 01:35:16,434 --> 01:35:18,885 All your questions will be answered. Roll tape. 1968 01:35:18,920 --> 01:35:21,819 When Bob Zemeckis and I first wrote "Back To The Future" 1969 01:35:21,854 --> 01:35:25,340 the time machine was a refrigerator. 1970 01:35:25,374 --> 01:35:29,309 And Bob Zemeckis, the director, said 1971 01:35:29,344 --> 01:35:33,555 "Wouldn't it be simpler if Doc actually built 1972 01:35:33,589 --> 01:35:35,350 the time machine into a car?" 1973 01:35:35,384 --> 01:35:39,423 And then he says, "And what if the car was a DeLorean?" 1974 01:35:39,457 --> 01:35:40,700 You know, it wasn't my idea 1975 01:35:40,735 --> 01:35:42,495 but I know damn good idea when I hear one. 1976 01:35:42,529 --> 01:35:44,255 This was a damn good idea. 1977 01:35:44,290 --> 01:35:45,981 So I said, "Yeah, that's great." 1978 01:35:46,016 --> 01:35:49,398 When this baby hits 88 miles per hour 1979 01:35:49,433 --> 01:35:52,263 you're gonna see some serious shit. 1980 01:35:56,267 --> 01:35:59,684 We, I think, did a great job 1981 01:35:59,719 --> 01:36:01,790 in making the DeLorean glamorous 1982 01:36:01,825 --> 01:36:05,725 and endearing it to, uh, generations of 1983 01:36:05,760 --> 01:36:08,383 of movie fans and car fans. 1984 01:36:08,417 --> 01:36:11,766 Eighty eight miles per hour! 1985 01:36:11,800 --> 01:36:14,354 If only we'd stayed alive 1986 01:36:14,389 --> 01:36:17,564 and we'd continued for another two years. 1987 01:36:17,599 --> 01:36:20,671 You can't buy that publicity now, can you? 1988 01:36:21,879 --> 01:36:23,191 "Back To The Future" 1989 01:36:23,225 --> 01:36:24,917 makes the car 1990 01:36:24,951 --> 01:36:27,747 and the man truly immortal. 1991 01:36:27,782 --> 01:36:29,611 A hundred years from now 1992 01:36:29,645 --> 01:36:31,993 people will watch that movie 1993 01:36:32,027 --> 01:36:35,548 And the last running DeLorean may have consumed 1994 01:36:35,582 --> 01:36:39,379 its last drop of fuel and eaten its last piston 1995 01:36:39,414 --> 01:36:41,347 but that movie will carry on. 1996 01:36:42,866 --> 01:36:46,007 After the movie came out, about two or three weeks later 1997 01:36:46,041 --> 01:36:48,561 we got one of the best fan letters we ever got 1998 01:36:48,595 --> 01:36:50,252 and it was from John DeLorean. 1999 01:36:50,287 --> 01:36:53,014 He said that he'd just seen the movie 2000 01:36:53,048 --> 01:36:54,878 he thought it was brilliant. 2001 01:36:54,912 --> 01:36:56,638 Uh, and he said 2002 01:36:56,672 --> 01:36:58,674 "Thank you for keeping my dream alive." 2003 01:37:02,368 --> 01:37:05,336 You know, back in a time when 2004 01:37:05,371 --> 01:37:10,134 I was lead to believe films about him were 2005 01:37:10,169 --> 01:37:12,550 um, percolating 2006 01:37:12,585 --> 01:37:14,621 you know, there were a couple of them 2007 01:37:14,656 --> 01:37:17,970 to my recollection that people were gonna make. 2008 01:37:18,004 --> 01:37:19,523 I get a phone call 2009 01:37:21,456 --> 01:37:23,458 and it was DeLorean. 2010 01:37:26,081 --> 01:37:29,326 And I have to imagine he was probably 2011 01:37:29,360 --> 01:37:31,880 out of the house, the big house, and living in this apartment 2012 01:37:31,915 --> 01:37:34,745 you know, the scene that we're gonna shoot today. 2013 01:37:34,779 --> 01:37:37,334 Yeah, I was on the phone with him and he was, uh.. 2014 01:37:37,368 --> 01:37:40,993 He was like, "Alex, this is John DeLorean calling." 2015 01:37:41,027 --> 01:37:43,478 He's very old. He sounded older. 2016 01:37:43,512 --> 01:37:45,100 He said, "I understand they're making 2017 01:37:45,135 --> 01:37:47,896 "this motion picture about me 2018 01:37:47,931 --> 01:37:51,900 "and, uh, I would be very flattered 2019 01:37:51,935 --> 01:37:55,421 if you were to portray me in the movie." 2020 01:37:55,455 --> 01:37:57,768 I thought, "Wow." 2021 01:37:57,802 --> 01:38:01,185 I mean, to have the guy who's the real guy pick you. 2022 01:38:01,220 --> 01:38:03,705 And, um, and then it went away. 2023 01:38:05,051 --> 01:38:06,984 I never heard from him again. 2024 01:38:07,019 --> 01:38:09,745 But, uh, I mean, to me 2025 01:38:09,780 --> 01:38:12,369 DeLorean is a lot of things. 2026 01:38:12,403 --> 01:38:14,958 Every day, you, I think about who is he.. 2027 01:38:14,992 --> 01:38:16,821 I have a different answer. 2028 01:38:16,856 --> 01:38:19,652 You know, today my attitude about DeLorean 2029 01:38:19,686 --> 01:38:24,588 you watch historical footage and you get kind of inflamed 2030 01:38:24,622 --> 01:38:27,211 'cause you see that he did a lot of bad things to some people 2031 01:38:27,246 --> 01:38:31,560 and he hurt a lot of people and he stole from people. 2032 01:38:31,595 --> 01:38:34,149 And at the same time, uh.. 2033 01:38:35,633 --> 01:38:37,359 I feel like he was somebody who.. 2034 01:38:37,394 --> 01:38:41,018 He just, like a lot of great American stories 2035 01:38:41,053 --> 01:38:43,158 he just perverted some dream that he had. 2036 01:38:46,610 --> 01:38:49,233 You remember the DMC, don't you? Yeah. 2037 01:38:51,166 --> 01:38:54,204 How could you forget it? It was one of a kind. 2038 01:38:55,826 --> 01:38:57,793 It really was one of a kind. 2039 01:38:57,828 --> 01:39:01,970 As -- as full as John's life was those first 60 years 2040 01:39:02,005 --> 01:39:05,594 the last 20 years are actually more simple. 2041 01:39:05,629 --> 01:39:07,976 This is one of John's bibles 2042 01:39:08,011 --> 01:39:11,773 which he actually gave to his nephew Mark. 2043 01:39:11,807 --> 01:39:13,671 He became a born again Christian. 2044 01:39:13,706 --> 01:39:16,433 Uh, it was a very important part of his life. 2045 01:39:16,467 --> 01:39:18,642 He dated several women throughout the years 2046 01:39:18,676 --> 01:39:20,851 and then ended up re-marrying late in life. 2047 01:39:20,885 --> 01:39:23,819 And then in 2000, had to declare bankruptcy 2048 01:39:23,854 --> 01:39:26,201 in which he lost his Bedminster Estate 2049 01:39:26,236 --> 01:39:28,169 and lived the last five years of his life 2050 01:39:28,203 --> 01:39:30,585 in a one-bedroom apartment. 2051 01:39:30,619 --> 01:39:32,069 His whole fucking life, his whole dream 2052 01:39:32,104 --> 01:39:34,313 everything that he worked for 2053 01:39:34,347 --> 01:39:36,246 from the time they broke ground 2054 01:39:36,280 --> 01:39:38,834 till the time of the arrest, gone. 2055 01:39:43,184 --> 01:39:45,565 Was it a blow to your pride to you trying to 2056 01:39:45,600 --> 01:39:47,119 shape your life again? 2057 01:39:47,153 --> 01:39:50,156 Well, I felt terrible about it for a long time. 2058 01:39:50,191 --> 01:39:52,814 I felt terrible for my children who've had a.. 2059 01:39:52,848 --> 01:39:56,645 This has been an extremely difficult thing for them. 2060 01:39:56,680 --> 01:40:01,029 But, you know, life is life. You go.. It goes on. 2061 01:40:01,064 --> 01:40:03,445 Your father is shamed and goes to jail. 2062 01:40:03,480 --> 01:40:05,137 Your family loses all their money. 2063 01:40:05,171 --> 01:40:06,621 Your parents get divorced. 2064 01:40:06,655 --> 01:40:08,450 Everything in your world changes. 2065 01:40:08,485 --> 01:40:11,039 And for the next 15 years of your life 2066 01:40:11,074 --> 01:40:15,147 you get chased by, "Is your father in jail?" 2067 01:40:15,181 --> 01:40:18,012 and cocaine jokes and all of these things 2068 01:40:18,046 --> 01:40:20,980 that just followed along with it. 2069 01:40:21,015 --> 01:40:25,743 My entire life, I had to live it down. 2070 01:40:25,778 --> 01:40:28,850 It was, it followed me for a very long time. 2071 01:40:28,884 --> 01:40:32,405 It followed me around until I started to 2072 01:40:32,440 --> 01:40:35,581 get involved into the DeLorean community. 2073 01:40:37,583 --> 01:40:39,930 People used to invite my dad to 2074 01:40:39,964 --> 01:40:42,208 all these car shows all the time. 2075 01:40:42,243 --> 01:40:44,279 And I asked him. 2076 01:40:44,314 --> 01:40:47,282 I said, "Dad, dad, let's go. 2077 01:40:47,317 --> 01:40:49,388 You have to experience this." 2078 01:40:49,422 --> 01:40:53,461 Knowing how much he was still loved 2079 01:40:53,495 --> 01:40:56,464 would definitely make a difference in his life. 2080 01:40:58,155 --> 01:41:00,157 - Thank you. - Thank you. 2081 01:41:00,192 --> 01:41:02,125 It was an amazing experience. 2082 01:41:02,159 --> 01:41:03,816 It was, it was everything 2083 01:41:03,850 --> 01:41:05,369 I hoped it would be and then some.. 2084 01:41:05,404 --> 01:41:07,130 I just met John DeLorean for the third time. 2085 01:41:07,164 --> 01:41:08,924 Document that. 2086 01:41:08,959 --> 01:41:10,478 The man is unbelievable. 2087 01:41:12,342 --> 01:41:15,276 He really did get to bask 2088 01:41:15,310 --> 01:41:18,831 in his glory a little bit again. 2089 01:41:22,455 --> 01:41:24,216 Do you consider the whole DeLorean dream 2090 01:41:24,250 --> 01:41:25,320 to have been a failure? 2091 01:41:25,355 --> 01:41:27,426 Oh, I think that I showed a lot of people 2092 01:41:27,460 --> 01:41:29,048 that whether, uh 2093 01:41:29,083 --> 01:41:30,670 you know, you survive or not 2094 01:41:30,705 --> 01:41:32,569 the key is, it's like Shakespeare said 2095 01:41:32,603 --> 01:41:34,053 "It's better to have loved and lost 2096 01:41:34,088 --> 01:41:35,675 than not to have loved at all." 2097 01:41:35,710 --> 01:41:39,231 I gave it the best shot I had. I tried as hard as I could. 2098 01:41:39,265 --> 01:41:43,787 And I think that I did reasonably well. 2099 01:41:43,821 --> 01:41:47,101 I think DeLorean was very much alone. 2100 01:41:47,135 --> 01:41:51,277 Part of the fallout from compartmentalizing his life 2101 01:41:51,312 --> 01:41:53,383 the way he did 2102 01:41:53,417 --> 01:41:57,283 is that he really didn't have anybody 2103 01:41:57,318 --> 01:42:00,597 who knew him through and through. 2104 01:42:00,631 --> 01:42:03,841 This is not a man who's looking at his family life 2105 01:42:03,876 --> 01:42:07,293 or his friends to qualify 2106 01:42:07,328 --> 01:42:08,915 his reason for living. 2107 01:42:08,950 --> 01:42:11,711 It's, "What have I accomplished? What have I done? 2108 01:42:11,746 --> 01:42:13,920 What am I doing next?" 2109 01:42:13,955 --> 01:42:16,682 That in his mind, this is what really 2110 01:42:16,716 --> 01:42:19,823 reflects on him as a human being. 2111 01:42:19,857 --> 01:42:21,790 When we come around here, what I'd like to do is 2112 01:42:21,825 --> 01:42:23,344 repeat this action. 2113 01:42:23,378 --> 01:42:26,105 And just put this down here and then look up at the car. 2114 01:42:26,140 --> 01:42:29,764 And I wanna say something very specific to him about the car. 2115 01:42:29,798 --> 01:42:32,594 No film can tell the definitive story of anybody's life. 2116 01:42:32,629 --> 01:42:35,183 Anyone's life is just too vast 2117 01:42:35,218 --> 01:42:37,910 and complex for one film. 2118 01:42:37,944 --> 01:42:40,602 But a film could certainly 2119 01:42:40,637 --> 01:42:42,949 create the legend of John DeLorean 2120 01:42:42,984 --> 01:42:46,021 and we print the legend. 2121 01:42:46,056 --> 01:42:47,782 The legend is what we love. 2122 01:42:47,816 --> 01:42:50,060 That's what we should have. 2123 01:42:52,683 --> 01:42:54,927 Let's just hypothetically say 2124 01:42:54,961 --> 01:42:57,240 that when he went into the hotel that night 2125 01:42:57,274 --> 01:42:58,862 he knew he was walking out 2126 01:42:58,896 --> 01:43:01,623 with a suitcase full of cocaine. 2127 01:43:01,658 --> 01:43:03,729 I can't necessarily blame him. 2128 01:43:05,386 --> 01:43:07,698 How far would you be willing to go 2129 01:43:07,733 --> 01:43:09,873 to save something you worked your whole life 2130 01:43:09,907 --> 01:43:11,392 for your life's dream? 2131 01:43:11,426 --> 01:43:14,188 What would you do to see that succeed 2132 01:43:14,222 --> 01:43:15,706 no matter what? 2133 01:43:19,641 --> 01:43:21,436 He always kept trying. 2134 01:43:21,471 --> 01:43:24,232 He never gave up the dream. 2135 01:43:24,267 --> 01:43:27,062 He never quit believing 2136 01:43:27,097 --> 01:43:29,133 that there was a potential for him to recover 2137 01:43:29,168 --> 01:43:31,515 that he was going to invent the next great thing 2138 01:43:31,550 --> 01:43:34,760 that he was going to be able to reclaim his former glory. 2139 01:43:34,794 --> 01:43:36,451 He was John DeLorean 2140 01:43:36,486 --> 01:43:39,627 and he was John DeLorean until the day he died. 2141 01:43:39,661 --> 01:43:42,043 You know, I think he was still trying to make fucking deals 2142 01:43:42,077 --> 01:43:43,838 on that DMC-2 2143 01:43:43,872 --> 01:43:45,460 when he got the heart attack. 2144 01:43:47,117 --> 01:43:50,845 And I -- I think that would be a good way to end the movie. 2145 01:43:50,879 --> 01:43:53,641 You could have him on the phone eating some breakfast 2146 01:43:53,675 --> 01:43:57,231 um, with, an -- an open notebook thing 2147 01:43:57,265 --> 01:43:58,922 that you'd show investors with, you know 2148 01:43:58,956 --> 01:44:01,821 all the nice little pictures and stuff. 2149 01:44:01,856 --> 01:44:05,031 Talking on the phone and then it just fades to black. 2150 01:44:05,066 --> 01:44:07,275 Because then that last image would just be him 2151 01:44:07,310 --> 01:44:10,140 working to get that deal done. 2152 01:44:10,174 --> 01:44:12,384 And he just fuckin'.. 2153 01:44:12,418 --> 01:44:15,041 God pulled the plug on his ass, man. 2154 01:44:15,076 --> 01:44:18,217 You're outta here, buddy. You know? 2155 01:44:18,252 --> 01:44:20,115 Then, you know, it just goes black and then 2156 01:44:20,150 --> 01:44:23,291 John DeLorean died in Morristown, New Jersey 2157 01:44:23,326 --> 01:44:26,432 at fucking 80 years old on this date, you know? 2158 01:44:26,467 --> 01:44:30,056 Never to have fulfilled, you know, another car company 2159 01:44:30,091 --> 01:44:32,127 build another car company. 2160 01:44:32,162 --> 01:44:34,095 And, you know, and I -- I'd be okay with that. 2161 01:44:34,129 --> 01:44:36,131 And slate. That's good. 2162 01:44:36,166 --> 01:44:38,548 Scene 28 alpha, take two. 2163 01:44:44,864 --> 01:44:46,487 Action. 2164 01:48:49,730 --> 01:48:52,111 I mean, if we can't get the money to distribute this movie 2165 01:48:52,146 --> 01:48:54,666 what if we sell cocaine to try to get this movie distributed? 2166 01:48:54,700 --> 01:48:56,771 - Sure. - We don't want to lose, either. 2167 01:48:56,806 --> 01:48:58,946 - No. - I'm counting on you, Sheena. 170570

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