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These are the user uploaded subtitles that are being translated: 1 00:00:24,399 --> 00:00:25,229 Okay, John. 2 00:00:25,234 --> 00:00:26,019 Can you hear me all right? 3 00:00:26,026 --> 00:00:26,856 - Yes, sir. 4 00:00:26,860 --> 00:00:28,441 I'll be talking to you over this intercom 5 00:00:28,445 --> 00:00:29,275 when I'm out here. 6 00:00:29,279 --> 00:00:31,235 I'm going to pump up that cuff now. 7 00:00:31,240 --> 00:00:34,403 - Okay. 8 00:00:34,409 --> 00:00:36,274 The test is about to begin. 9 00:00:38,539 --> 00:00:40,029 Is your first name John? 10 00:00:40,040 --> 00:00:40,779 - Yes. 11 00:00:43,043 --> 00:00:44,829 During the first 53 years of your life, 12 00:00:44,836 --> 00:00:47,794 did you ever do anything dishonest, illegal, or immoral? 13 00:00:48,799 --> 00:00:49,584 - Yes. 14 00:00:51,969 --> 00:00:54,176 Before 1981, did you ever engage 15 00:00:54,179 --> 00:00:55,885 in an improper business practice 16 00:00:55,889 --> 00:00:57,254 or put false information 17 00:00:57,266 --> 00:00:58,972 on an official form or document? 18 00:01:00,811 --> 00:01:01,596 - Yes. 19 00:01:03,564 --> 00:01:04,895 Before age 54, 20 00:01:04,898 --> 00:01:06,013 did you ever cheat someone 21 00:01:06,024 --> 00:01:08,310 or take advantage of anyone in a business deal? 22 00:01:14,783 --> 00:01:15,989 Yes, I would say. 23 00:01:17,911 --> 00:01:18,821 Okay, John, 24 00:01:18,829 --> 00:01:20,535 how was it that time, 25 00:01:20,539 --> 00:01:21,824 a little nervous? 26 00:01:21,832 --> 00:01:24,790 - Well, like, when you get into those general questions, 27 00:01:24,793 --> 00:01:25,828 you start thinking back 28 00:01:25,836 --> 00:01:29,454 about bad used cars you sold people-- 29 00:01:29,464 --> 00:01:30,374 - Oh, yeah. 30 00:01:30,382 --> 00:01:32,464 - About the maybe the time you-- 31 00:01:32,467 --> 00:01:33,377 Yeah, I noticed that you answered false-- 32 00:01:33,385 --> 00:01:35,876 - Committed a little adultery. 33 00:01:35,887 --> 00:01:39,300 You know, I must say that if you, it really-- 34 00:01:39,308 --> 00:01:41,048 Causes you to think back. 35 00:01:41,059 --> 00:01:42,674 Well, you go through your whole life. 36 00:01:47,399 --> 00:01:49,060 John DeLorean is one 37 00:01:49,067 --> 00:01:52,275 of the maverick rogues of his day, 38 00:01:52,279 --> 00:01:53,268 and there are very few 39 00:01:53,280 --> 00:01:55,612 of those guys around today. 40 00:01:55,616 --> 00:01:56,731 He was a dreamer. 41 00:01:56,742 --> 00:01:58,198 He wanted to push things 42 00:01:58,201 --> 00:02:00,783 beyond where other people had taken them, 43 00:02:00,787 --> 00:02:02,573 and in a way that's a marvelous 44 00:02:02,581 --> 00:02:03,946 and appealing characteristic, 45 00:02:03,957 --> 00:02:05,948 but it's also extremely dangerous. 46 00:02:05,959 --> 00:02:09,042 John DeLorean was a winner, 47 00:02:09,046 --> 00:02:12,004 a loser, a champion, 48 00:02:12,007 --> 00:02:13,872 a relentless fool. 49 00:02:13,884 --> 00:02:18,469 This guy was the quintessential leading man 50 00:02:18,472 --> 00:02:21,680 that Hollywood producers dream of, 51 00:02:21,683 --> 00:02:23,548 and he was real. 52 00:02:23,560 --> 00:02:25,346 - I've always wondered why a feature film 53 00:02:25,354 --> 00:02:27,436 hasn't been made of John's life. 54 00:02:27,439 --> 00:02:28,895 I think it'd be a great movie. 55 00:02:28,899 --> 00:02:30,480 - Obviously I'd had this dream. 56 00:02:30,484 --> 00:02:33,476 I wanted to build this automobile company. 57 00:02:33,487 --> 00:02:35,944 Everybody said it's inconceivable 58 00:02:35,947 --> 00:02:39,030 that any new automobile company could survive. 59 00:02:39,034 --> 00:02:40,524 - I'm always interested in the story 60 00:02:40,535 --> 00:02:42,821 of the quintessential outsider, 61 00:02:42,829 --> 00:02:43,944 full of ambition and hope, 62 00:02:43,955 --> 00:02:44,785 and works his way up 63 00:02:44,790 --> 00:02:47,247 and ascends to the position he was in. 64 00:02:47,250 --> 00:02:48,080 - He had it all, 65 00:02:48,085 --> 00:02:49,541 his own auto empire, 66 00:02:49,544 --> 00:02:51,250 a beautiful wife, children. 67 00:02:51,254 --> 00:02:52,790 He was a golden boy. 68 00:02:52,798 --> 00:02:55,335 And, of course, his colossal fall 69 00:02:55,342 --> 00:02:57,253 is almost Shakespearean. 70 00:02:57,260 --> 00:03:00,093 John DeLorean, who gave up a shot at the presidency 71 00:03:00,097 --> 00:03:03,464 of General Motors to build his own futuristic sports car, 72 00:03:03,475 --> 00:03:05,466 is in jail this morning. 73 00:03:05,477 --> 00:03:07,843 - The thing that's remarkable about DeLorean's story 74 00:03:07,854 --> 00:03:11,597 is that it has all of these incredibly powerful elements. 75 00:03:11,608 --> 00:03:14,224 It's got a marvelous celebrity couple. 76 00:03:14,236 --> 00:03:15,476 It's got drugs. 77 00:03:15,487 --> 00:03:16,943 It's got drug dealing. 78 00:03:16,947 --> 00:03:18,562 It's got FBI guys. 79 00:03:18,573 --> 00:03:21,235 It's got this incredible political backdrop. 80 00:03:21,243 --> 00:03:22,699 It's the sort of story that's, 81 00:03:24,329 --> 00:03:25,409 if it hadn't happened, 82 00:03:25,414 --> 00:03:26,745 you wouldn't dare to make it up. 83 00:03:26,748 --> 00:03:28,909 - The interesting thing is all of a sudden now 84 00:03:28,917 --> 00:03:30,828 a number of people have been back at me 85 00:03:30,836 --> 00:03:33,873 wanting to do a movie of my life. 86 00:03:33,880 --> 00:03:35,666 - It had always seemed to be a story 87 00:03:35,674 --> 00:03:38,040 that had been around Hollywood 88 00:03:38,051 --> 00:03:40,042 as early as probably the early '805. 89 00:03:40,053 --> 00:03:43,841 Often good ideas produce several films 90 00:03:43,849 --> 00:03:45,259 at the same time. 91 00:03:45,267 --> 00:03:46,097 With John DeLorean, 92 00:03:46,101 --> 00:03:48,308 I think it was taken to a new level. 93 00:03:48,311 --> 00:03:49,801 - Every single one of these movies 94 00:03:49,813 --> 00:03:52,555 had different people from John's life, 95 00:03:52,566 --> 00:03:53,555 different family members, 96 00:03:53,567 --> 00:03:55,728 different underlying material, 97 00:03:55,736 --> 00:04:00,025 which made it this fascinating race 98 00:04:00,031 --> 00:04:01,191 to get the movie made 99 00:04:01,199 --> 00:04:02,530 because each one would have been 100 00:04:02,534 --> 00:04:04,991 a decidedly different story. 101 00:04:05,871 --> 00:04:07,156 - Still to this day, 102 00:04:07,164 --> 00:04:08,449 not one's been made yet. 103 00:04:08,457 --> 00:04:09,663 - Every so often you hear, 104 00:04:09,666 --> 00:04:11,202 "Oh, somebody's gonna make a movie about DeLorean. 105 00:04:11,209 --> 00:04:13,165 "Somebody's gonna make a movie about DeLorean." 106 00:04:13,170 --> 00:04:14,205 Knock on wood, it'll happen, 107 00:04:17,382 --> 00:04:19,247 - He was this kind of chameleon like figure 108 00:04:19,259 --> 00:04:21,591 who could appear one thing to one person 109 00:04:21,595 --> 00:04:23,961 and another thing totally to a different person, 110 00:04:23,972 --> 00:04:25,257 and I think in a way, 111 00:04:25,265 --> 00:04:28,007 that's why so many scripts have been written about him 112 00:04:28,018 --> 00:04:30,930 because he is open to interpretation. 113 00:04:30,937 --> 00:04:33,474 - You get the impression that he is either a beleaguered man 114 00:04:33,482 --> 00:04:35,393 who was discredited and manipulated 115 00:04:35,400 --> 00:04:37,140 by big business in this country, 116 00:04:37,152 --> 00:04:39,939 or he was the greatest conman 117 00:04:39,946 --> 00:04:41,732 to ever come down the pike. 118 00:04:46,536 --> 00:04:48,572 We have an opportunity this morning to visit with him. 119 00:04:48,580 --> 00:04:50,445 Would you welcome Mr. John DeLorean? 120 00:04:55,420 --> 00:04:56,580 - You shoot him for your purposes 121 00:04:56,588 --> 00:04:58,203 over the arc of how many years? 122 00:04:59,758 --> 00:05:01,214 He ages in the piece. 123 00:05:01,218 --> 00:05:04,460 Mostly early '705 to early '805-- 124 00:05:04,471 --> 00:05:05,301 To early '805. 125 00:05:05,305 --> 00:05:06,715 Right, so there's a spread, 126 00:05:06,723 --> 00:05:08,088 and he ages during that time. 127 00:05:08,099 --> 00:05:09,009 Yeah, that's-- 128 00:05:09,017 --> 00:05:10,598 - And I want to see how his behavior ages. 129 00:05:10,602 --> 00:05:11,967 I need to see clips that are a range of that. 130 00:05:11,978 --> 00:05:14,344 - And driving you all this time 131 00:05:14,356 --> 00:05:16,642 was this desperate need 132 00:05:16,650 --> 00:05:19,562 to make this car thing go. 133 00:05:19,569 --> 00:05:24,484 - My pride is so intense that nothing in the world 134 00:05:24,491 --> 00:05:26,857 would let me let this business, 135 00:05:26,868 --> 00:05:28,984 this car with my name on it, go down. 136 00:05:28,995 --> 00:05:29,984 - That's the corner of his eye. 137 00:05:29,996 --> 00:05:32,032 You draw a straight line up the brow 138 00:05:32,040 --> 00:05:33,746 overlaps the corner of the eye. 139 00:05:33,750 --> 00:05:34,580 - Well, I think it's got to come in a little bit. 140 00:05:34,584 --> 00:05:35,994 - It's got to come over? 141 00:05:36,002 --> 00:05:36,832 - Yeah. 142 00:05:36,837 --> 00:05:37,667 Anybody. 143 00:05:37,671 --> 00:05:39,207 All right, the involvement with cocaine. 144 00:05:39,214 --> 00:05:40,044 Talk about that-- 145 00:05:40,048 --> 00:05:41,333 Well, it's a peculiar thing 146 00:05:41,341 --> 00:05:42,751 because, you know, in my life, 147 00:05:42,759 --> 00:05:44,624 I have never, ever seen cocaine, 148 00:05:44,636 --> 00:05:46,376 touched cocaine, used cocaine, 149 00:05:46,388 --> 00:05:48,174 or been in the presence of anybody-- 150 00:05:48,181 --> 00:05:51,389 - All the time I've looked at DeLorean before, 151 00:05:51,393 --> 00:05:53,179 I thought, where is he manipulating, 152 00:05:53,186 --> 00:05:55,017 and where are the peeks 153 00:05:55,021 --> 00:05:57,637 behind the curtain of who he really is? 154 00:05:57,649 --> 00:05:59,765 And then when you play the person, 155 00:05:59,776 --> 00:06:00,606 you say to yourself, 156 00:06:00,610 --> 00:06:02,692 well, forget about me looking at DeLorean 157 00:06:02,696 --> 00:06:04,186 as a viewer on a TV show 158 00:06:04,197 --> 00:06:06,358 and saying, what's behind the curtain with him? 159 00:06:06,366 --> 00:06:07,230 When you start to play him, 160 00:06:07,242 --> 00:06:09,107 you go, no, no, no, no, no, no. 161 00:06:09,119 --> 00:06:10,984 He's not guilty of anything. 162 00:06:10,996 --> 00:06:12,111 He didn't do anything. 163 00:06:12,122 --> 00:06:13,032 In fact, it's the opposite. 164 00:06:13,039 --> 00:06:14,745 He's a hero in his mind. 165 00:06:14,749 --> 00:06:16,239 He's a hero, 166 00:06:16,251 --> 00:06:17,957 and you have to play that. 167 00:06:17,961 --> 00:06:20,919 You have to play who he thinks he is, 168 00:06:20,922 --> 00:06:24,665 and you present him as who he thinks he is to the world, 169 00:06:24,676 --> 00:06:27,167 and you let the audience 170 00:06:27,178 --> 00:06:28,008 make up their mind. 171 00:06:28,013 --> 00:06:29,344 And that you suddenly thought 172 00:06:29,347 --> 00:06:30,382 you were involved with the mob 173 00:06:30,390 --> 00:06:31,220 and you were frightened 174 00:06:31,224 --> 00:06:32,509 for your life and your children's lives-- 175 00:06:32,517 --> 00:06:33,347 Really what happened-- 176 00:06:33,351 --> 00:06:34,932 - Let me just show my wife. 177 00:06:34,936 --> 00:06:35,766 She just thinks it's funny. 178 00:06:37,105 --> 00:06:37,935 She thinks this whole thing. 179 00:06:37,939 --> 00:06:39,099 She's like, "Alec, like I can't believe 180 00:06:39,107 --> 00:06:39,937 "this is what they, 181 00:06:39,941 --> 00:06:42,307 "they pay you to do this." 182 00:06:42,319 --> 00:06:43,274 - Oh, God. 183 00:06:44,487 --> 00:06:45,317 Wait, what are you doing? 184 00:06:45,322 --> 00:06:46,152 You're doing a movie? 185 00:06:46,156 --> 00:06:51,116 - We do re-enactment footage of DeLorean's drama, 186 00:06:51,536 --> 00:06:53,322 his caper, his escapades, 187 00:06:53,330 --> 00:06:54,661 and shoot them as a movie 188 00:06:54,664 --> 00:06:56,495 and cut re-enactment footage 189 00:06:56,499 --> 00:06:58,080 into documentary footage 190 00:06:58,084 --> 00:06:59,790 of a movie about DeLorean 191 00:07:00,670 --> 00:07:02,661 and what he did and what he went through, 192 00:07:02,672 --> 00:07:03,661 and the good news is, 193 00:07:03,673 --> 00:07:06,460 I don't have to bother with any of that. 194 00:07:06,468 --> 00:07:07,298 They do. 195 00:07:07,302 --> 00:07:09,042 I'm gonna just go put the make up on 196 00:07:09,054 --> 00:07:11,921 and go try to be DeLorean. 197 00:07:17,187 --> 00:07:18,677 - For John DeLorean, 198 00:07:18,688 --> 00:07:21,350 growing up in Detroit, 199 00:07:21,358 --> 00:07:26,148 every kid's dream was to go into the auto industry. 200 00:07:26,154 --> 00:07:28,270 - One thing you have to understand about John DeLorean 201 00:07:28,281 --> 00:07:30,112 is he was a brilliant engineer, 202 00:07:30,116 --> 00:07:31,231 and so to start with, 203 00:07:31,242 --> 00:07:33,574 he had some really good instincts, 204 00:07:33,578 --> 00:07:35,068 and he had great talent. 205 00:07:35,080 --> 00:07:38,618 - DeLorean thrived in the car business first at Packard, 206 00:07:38,625 --> 00:07:40,456 for a short while at Chrysler, 207 00:07:40,460 --> 00:07:43,122 and somebody sought him out at General Motors 208 00:07:43,129 --> 00:07:46,587 and offered him his choice of five divisions. 209 00:07:46,591 --> 00:07:47,922 - He took on Pontiac, 210 00:07:47,926 --> 00:07:50,133 which was the old ladies' division at the time, 211 00:07:50,136 --> 00:07:51,797 and it was really the place 212 00:07:51,805 --> 00:07:53,170 where he could shine the most. 213 00:07:53,181 --> 00:07:56,924 General Manager, Mr. John 2. DeLorean. 214 00:08:00,855 --> 00:08:02,971 - In those days, the late '505 215 00:08:02,983 --> 00:08:05,144 and early '605 at GM, 216 00:08:05,151 --> 00:08:07,608 Pontiac particularly was exciting to be there 217 00:08:07,612 --> 00:08:10,729 because they were almost ready to be dropped, 218 00:08:10,740 --> 00:08:12,901 and of course that was the kind of thing that gave you 219 00:08:12,909 --> 00:08:14,865 the incentive to come up 220 00:08:14,869 --> 00:08:17,030 with new ideas and make them happen. 221 00:08:17,038 --> 00:08:20,155 - And I started as a very unsophisticated young engineer, 222 00:08:20,166 --> 00:08:23,704 and I was given an opportunity to attain a success 223 00:08:23,712 --> 00:08:25,623 in a business world far beyond anything 224 00:08:25,630 --> 00:08:28,246 I had ever imagined I was capable of. 225 00:08:28,258 --> 00:08:30,465 - You know, this was a special guy 226 00:08:30,468 --> 00:08:33,084 who was gonna change the industry forever 227 00:08:33,096 --> 00:08:35,087 and truly become a legend at the company. 228 00:08:36,683 --> 00:08:38,844 Scene two, alpha, take three. 229 00:08:39,686 --> 00:08:40,516 Marker. 230 00:08:40,520 --> 00:08:42,932 - The story on the GTO is that we were about ready 231 00:08:42,939 --> 00:08:44,895 to do a brand new line, 232 00:08:44,899 --> 00:08:49,859 and we had the '64 Tempest to be 233 00:08:50,155 --> 00:08:51,895 in the garage there with John 234 00:08:51,906 --> 00:08:53,487 and a couple other guys. 235 00:08:53,491 --> 00:08:55,072 Hey, Bill. 236 00:08:55,076 --> 00:08:56,907 - John, you heading home? 237 00:08:56,911 --> 00:08:58,572 - Yeah, I was about to. 238 00:08:58,580 --> 00:09:00,946 Wanted to stop by and see how you were coming along. 239 00:09:00,957 --> 00:09:02,743 - Well, I think she's about as good 240 00:09:02,751 --> 00:09:03,786 as we're gonna get her. 241 00:09:03,793 --> 00:09:06,580 He would encourage everybody 242 00:09:06,588 --> 00:09:08,579 to do something new and different. 243 00:09:08,590 --> 00:09:10,000 - Was hoping maybe we'd have something, 244 00:09:10,008 --> 00:09:11,714 I don't know, sexier? 245 00:09:14,471 --> 00:09:15,335 - You mean sportier? 246 00:09:15,346 --> 00:09:17,803 - Yeah, more high performance, you know? 247 00:09:19,893 --> 00:09:22,009 - Well, our bigger 389 engine 248 00:09:22,020 --> 00:09:24,352 has the exact same dimensions as the 326 in here, 249 00:09:24,355 --> 00:09:25,845 so we could swap that out, no problem. 250 00:09:25,857 --> 00:09:28,143 - Well, how would the car handle the extra power? 251 00:09:28,151 --> 00:09:30,233 - That's the thing. 252 00:09:30,236 --> 00:09:32,943 Have to fit the appropriate transmission and rear axle, 253 00:09:34,991 --> 00:09:35,980 but we do that, 254 00:09:35,992 --> 00:09:38,779 it'd definitely be sexier, John. 255 00:09:38,787 --> 00:09:40,778 Shoot, we could even run this in NASCAR. 256 00:09:40,789 --> 00:09:41,653 - I say we do it. 257 00:09:42,999 --> 00:09:43,829 - Really? 258 00:09:43,833 --> 00:09:44,618 - Yeah, absolutely. 259 00:09:46,086 --> 00:09:47,121 - But then what? 260 00:09:47,128 --> 00:09:49,494 You think you can actually sell it? 261 00:09:49,506 --> 00:09:51,246 - You let me worry about that, Bill. 262 00:09:57,680 --> 00:09:59,420 I was just gonna drive it back and forth to work, 263 00:09:59,432 --> 00:10:02,299 and I had a marvelous time with it, 264 00:10:02,310 --> 00:10:03,470 and I found that every time 265 00:10:03,478 --> 00:10:04,968 I lent it to somebody 266 00:10:04,979 --> 00:10:06,139 to use for a day or two, 267 00:10:06,147 --> 00:10:06,977 I couldn't get it back, 268 00:10:06,981 --> 00:10:09,063 and I said, "Well, there may be a market 269 00:10:09,067 --> 00:10:10,648 "for something like that." 270 00:10:13,279 --> 00:10:14,394 - What the hell is this? 271 00:10:15,740 --> 00:10:17,446 That's the GTO. 272 00:10:17,450 --> 00:10:20,192 It stands for Gran Turismo Omologato, 273 00:10:20,203 --> 00:10:22,615 which I think is Italian for fast as hell, 274 00:10:22,622 --> 00:10:24,578 but it'll beat every car 275 00:10:24,582 --> 00:10:26,322 on a track or American street, 276 00:10:26,334 --> 00:10:28,450 and it's still a Pontiac. 277 00:10:29,671 --> 00:10:30,501 - Hold on a second. 278 00:10:30,505 --> 00:10:31,290 Turn that off. 279 00:10:33,550 --> 00:10:36,337 The 14th floor is never gonna go for putting 280 00:10:36,344 --> 00:10:39,427 such a large engine in such a small frame. 281 00:10:39,430 --> 00:10:42,513 - Well, GM forbade putting 282 00:10:42,517 --> 00:10:44,223 a so called big block beyond, 283 00:10:44,227 --> 00:10:48,641 I believe, 350 cubic inches in a medium size car. 284 00:10:48,648 --> 00:10:50,354 - The guys upstairs approve this? 285 00:10:50,358 --> 00:10:52,394 - I don't need their approval. 286 00:10:52,402 --> 00:10:54,063 - It's a new product, John. 287 00:10:54,070 --> 00:10:56,982 All new products need upper management approval. 288 00:10:56,990 --> 00:10:58,526 And John was interesting. 289 00:10:58,533 --> 00:11:01,024 He loved really just figuring out ways 290 00:11:01,035 --> 00:11:03,071 to bend the rules as much as possible. 291 00:11:03,079 --> 00:11:04,364 - But it's not a new product. 292 00:11:04,372 --> 00:11:06,158 It's an options package on the new Tempest 293 00:11:06,166 --> 00:11:10,079 and one that puts a real tiger under the hood. 294 00:11:10,086 --> 00:11:11,451 - It's manipulative. 295 00:11:11,462 --> 00:11:12,372 - It's marketing. 296 00:11:13,548 --> 00:11:17,132 - Pontiac is primarily the division for older buyers. 297 00:11:17,135 --> 00:11:19,217 What are they gonna want with a hot rod? 298 00:11:19,220 --> 00:11:21,211 - We're the division for older buyers 299 00:11:21,222 --> 00:11:22,758 because that's how we view ourselves. 300 00:11:22,765 --> 00:11:25,882 We've got to anticipate what younger buyers want 301 00:11:25,894 --> 00:11:27,384 before they even know what they want, 302 00:11:27,395 --> 00:11:28,430 and once they realize it, 303 00:11:28,438 --> 00:11:29,393 give them this. 304 00:11:31,274 --> 00:11:32,889 - So how many you wanna produce? 305 00:11:32,901 --> 00:11:34,016 - You're the sales manager. 306 00:11:34,027 --> 00:11:34,857 You tell me. 307 00:11:34,861 --> 00:11:36,442 I was thinking about 30,000. 308 00:11:37,906 --> 00:11:39,271 - You're out of your damn mind. 309 00:11:39,282 --> 00:11:40,897 - John, be reasonable. 310 00:11:43,703 --> 00:11:47,696 - I can't imagine us selling even close to 5,000, 311 00:11:47,707 --> 00:11:51,791 but let's start with that number, 312 00:11:51,794 --> 00:11:54,080 and let's hope that they don't rust on the lot. 313 00:11:57,217 --> 00:11:59,458 - At that time, the sales manager of Pontiac 314 00:11:59,469 --> 00:12:00,584 thought it was stupid, 315 00:12:00,595 --> 00:12:02,961 and he refused to schedule more 316 00:12:02,972 --> 00:12:05,634 than I think about four or 5,000 for the year. 317 00:12:05,642 --> 00:12:08,054 It was an outlaw move. 318 00:12:11,481 --> 00:12:13,312 By a sort of sleight of hand. 319 00:12:13,316 --> 00:12:15,272 It was just an options package. 320 00:12:15,276 --> 00:12:17,517 - Despite his feeling it wouldn't sell, 321 00:12:17,528 --> 00:12:20,691 I think we sold like 45,000 the first year. 322 00:12:20,698 --> 00:12:24,361 What he figured out before anyone figured it out 323 00:12:24,369 --> 00:12:28,282 was that this exploding youth movement 324 00:12:28,289 --> 00:12:31,497 had interest in cars as something 325 00:12:31,501 --> 00:12:33,037 that would represent 326 00:12:33,044 --> 00:12:35,080 the way they wanted to look to the world. 327 00:12:36,798 --> 00:12:38,004 - It's the perfect moment 328 00:12:38,007 --> 00:12:39,622 in which John was able to marry 329 00:12:39,634 --> 00:12:41,670 both his brilliant engineering 330 00:12:41,678 --> 00:12:43,669 as well as his marketing prowess 331 00:12:43,680 --> 00:12:45,921 to create the muscle car. 332 00:12:45,932 --> 00:12:49,390 The muscle car era really advanced Detroit. 333 00:12:49,394 --> 00:12:50,258 It made money. 334 00:12:50,270 --> 00:12:51,476 It made Pontiac. 335 00:12:51,479 --> 00:12:55,063 It made those three letters, GTO, legendary. 336 00:12:56,234 --> 00:12:59,397 There's an odd parallel between the Pontiac GTO 337 00:12:59,404 --> 00:13:01,235 and John 2. DeLorean. 338 00:13:01,239 --> 00:13:03,981 The GTO was a risk taken, 339 00:13:03,992 --> 00:13:06,074 and I think it convinced DeLorean 340 00:13:06,077 --> 00:13:09,695 that taking a risk no one else was willing 341 00:13:09,706 --> 00:13:12,243 to step up to and making it work 342 00:13:12,250 --> 00:13:15,287 at all costs was how you did it, 343 00:13:15,295 --> 00:13:18,287 and after you do it once, why stop? 344 00:13:26,556 --> 00:13:29,389 - What I see about DeLorean for me, 345 00:13:29,392 --> 00:13:31,098 he took such risks, 346 00:13:31,102 --> 00:13:32,217 and the problem with people 347 00:13:32,228 --> 00:13:33,058 who take risks like that 348 00:13:33,062 --> 00:13:35,223 is that when they win, 349 00:13:35,231 --> 00:13:36,846 when they make their calculated risk, 350 00:13:36,858 --> 00:13:37,847 they become emboldened. 351 00:13:37,859 --> 00:13:39,190 They take more risks, 352 00:13:39,193 --> 00:13:40,899 and then they take risks outside 353 00:13:40,903 --> 00:13:43,269 of their normal sphere. 354 00:13:43,281 --> 00:13:44,145 - Between this and the other, 355 00:13:44,157 --> 00:13:47,445 it'll generate about four and a half, 356 00:13:47,452 --> 00:13:49,363 not less than four and a half mil. 357 00:13:50,872 --> 00:13:53,158 Risk taking in the automotive industry 358 00:13:53,166 --> 00:13:55,282 and risk taking with a bunch of drug dealers in a hotel 359 00:13:55,293 --> 00:13:56,248 are two different things, 360 00:13:56,252 --> 00:13:59,915 but your confidence in yourself is very, very high. 361 00:13:59,922 --> 00:14:01,002 You don't make mistakes. 362 00:14:01,007 --> 00:14:02,463 You don't see them coming. 363 00:14:02,467 --> 00:14:03,456 - That's better than gold. 364 00:14:03,468 --> 00:14:06,005 - No, just say it's better than gold. 365 00:14:07,138 --> 00:14:08,674 This stuff weighs more. 366 00:14:08,681 --> 00:14:10,467 Gold weighs more than this. 367 00:14:10,475 --> 00:14:11,635 Gold weighs more than this, 368 00:14:11,642 --> 00:14:12,848 for God's sakes. 369 00:14:12,852 --> 00:14:14,012 Yeah, better than gold-- 370 00:14:14,020 --> 00:14:14,850 - Better than gold. 371 00:14:14,854 --> 00:14:16,810 Gold weighs more than this, for God's sakes. 372 00:14:18,858 --> 00:14:19,938 - Hi, John. 373 00:14:19,942 --> 00:14:20,772 Hi, John. 374 00:14:20,777 --> 00:14:21,766 - Hi. 375 00:14:21,778 --> 00:14:23,063 - Jerry West, we're the FBI. 376 00:14:23,071 --> 00:14:25,187 - But in the end, when he's arrested 377 00:14:25,198 --> 00:14:26,859 and he tilts his head back, 378 00:14:26,866 --> 00:14:29,858 and you have a shot hopefully looking down 379 00:14:29,869 --> 00:14:31,029 from the ceiling, 380 00:14:32,038 --> 00:14:33,699 and his head should crane up 381 00:14:33,706 --> 00:14:34,661 and look right up into a thing 382 00:14:34,665 --> 00:14:35,575 and look off camera, 383 00:14:35,583 --> 00:14:36,698 and he's thinking, 384 00:14:36,709 --> 00:14:37,789 and what are you thinking? 385 00:14:37,794 --> 00:14:39,330 We should cut to what he's thinking. 386 00:14:39,337 --> 00:14:40,702 He's worried about his family. 387 00:14:40,713 --> 00:14:43,079 He's worried about losing everything, 388 00:14:43,091 --> 00:14:45,082 and there were like four or five things 389 00:14:45,093 --> 00:14:47,049 if he just made a little adjustment here 390 00:14:47,053 --> 00:14:48,918 and made this decision differently there-- 391 00:14:48,930 --> 00:14:49,715 - With the FBI. 392 00:14:49,722 --> 00:14:50,837 All of it would have turned out 393 00:14:50,848 --> 00:14:52,258 completely differently. 394 00:14:57,230 --> 00:14:59,471 DeLorean was clearly a fast mover 395 00:14:59,482 --> 00:15:01,894 at GM in the early '705. 396 00:15:01,901 --> 00:15:03,516 - Whoever makes the most money at GM 397 00:15:03,528 --> 00:15:05,018 is the most important person, 398 00:15:05,029 --> 00:15:07,395 and everything he touched turned to gold, 399 00:15:08,491 --> 00:15:11,403 so by the time John reaches the 14th floor, 400 00:15:11,411 --> 00:15:13,367 better known as the executive level, 401 00:15:13,371 --> 00:15:15,282 he's in his mid forties. 402 00:15:15,289 --> 00:15:17,200 If he just plays his cards right, 403 00:15:17,208 --> 00:15:20,416 he's poised to be the next president of General Motors, 404 00:15:20,420 --> 00:15:22,752 the largest corporation in the world. 405 00:15:22,755 --> 00:15:25,041 GM was very intentional 406 00:15:25,049 --> 00:15:27,506 on making executives colorless, 407 00:15:27,510 --> 00:15:32,049 and DeLorean was a highly Technicolor person. 408 00:15:32,056 --> 00:15:33,512 He wore open collars. 409 00:15:33,516 --> 00:15:34,972 He wore side burns. 410 00:15:34,976 --> 00:15:37,012 He spent his weekends in California, 411 00:15:37,019 --> 00:15:39,556 and you know what an evil influence that is. 412 00:15:39,564 --> 00:15:42,772 He gets significant plastic surgery on his face 413 00:15:42,775 --> 00:15:44,936 to give himself a stronger jaw. 414 00:15:44,944 --> 00:15:47,902 He starts weight lifting and losing weight. 415 00:15:47,905 --> 00:15:49,736 He and his first wife separated, 416 00:15:49,740 --> 00:15:53,324 and then he started dating actresses and models, 417 00:15:53,327 --> 00:15:55,818 women that were a lot younger than him 418 00:15:55,830 --> 00:15:58,116 and who a lot of GM executives 419 00:15:58,124 --> 00:16:00,536 and their wives thought were age inappropriate. 420 00:16:00,543 --> 00:16:03,285 - I have a reasonably strong sex drive, 421 00:16:03,296 --> 00:16:06,254 which I happen to think is an important part of any guy. 422 00:16:06,257 --> 00:16:09,499 No man who ever accomplished something 423 00:16:09,510 --> 00:16:11,842 didn't have that one characteristic. 424 00:16:11,846 --> 00:16:13,507 He married his second wife, 425 00:16:13,514 --> 00:16:15,300 Kelly Harmon, blond bombshell. 426 00:16:15,308 --> 00:16:17,299 She was 19 at the time. 427 00:16:17,310 --> 00:16:19,926 The General Motors PR Department 428 00:16:19,937 --> 00:16:21,848 added a couple years to her age 429 00:16:21,856 --> 00:16:25,019 when the press releases first went out about the marriage. 430 00:16:25,026 --> 00:16:27,813 She lives there in Detroit for two or three years, 431 00:16:27,820 --> 00:16:29,481 becomes disillusioned with the marriage, 432 00:16:29,489 --> 00:16:30,524 and leaves him, 433 00:16:30,531 --> 00:16:32,146 and within a year and a half, 434 00:16:32,158 --> 00:16:34,444 he's married to Cristina Ferrare, 435 00:16:34,452 --> 00:16:37,285 the, at that point, world's top super model. 436 00:16:37,288 --> 00:16:38,118 Then he ended up, of course, 437 00:16:38,122 --> 00:16:40,329 in the fashion magazines and that kind of thing, 438 00:16:40,333 --> 00:16:44,576 and while that enhanced his image outside of the company, 439 00:16:44,587 --> 00:16:46,953 it created problems for him within. 440 00:16:46,964 --> 00:16:48,124 - GM can't stand this. 441 00:16:48,132 --> 00:16:49,338 It's pissing them off, 442 00:16:49,342 --> 00:16:50,457 and he goes back to them and says, 443 00:16:50,468 --> 00:16:52,208 "Hey, what are you guys worried about? 444 00:16:52,220 --> 00:16:54,256 "Look at the sales numbers." 445 00:16:54,263 --> 00:16:55,093 - Tom, how do you feel 446 00:16:55,097 --> 00:16:57,634 about our retail sales job this past year? 447 00:16:57,642 --> 00:16:59,223 - How do I feel? 448 00:16:59,227 --> 00:17:00,433 John, I feel great. 449 00:17:01,646 --> 00:17:04,604 - Both at Pontiac and at Chevrolet, 450 00:17:04,607 --> 00:17:06,689 he was making so much money for the company, 451 00:17:06,692 --> 00:17:09,104 and all the executives that he reported to 452 00:17:09,111 --> 00:17:12,399 who were upset with his lifestyle, upset with him, 453 00:17:12,406 --> 00:17:13,987 couldn't quite figure out 454 00:17:13,991 --> 00:17:15,026 how he was doing so well, 455 00:17:15,034 --> 00:17:16,194 but they could see the numbers, 456 00:17:16,202 --> 00:17:17,157 and they knew that showed up 457 00:17:17,161 --> 00:17:18,071 in their bonus checks, 458 00:17:18,079 --> 00:17:19,910 and that was the interesting dilemma 459 00:17:19,914 --> 00:17:21,870 for GM with John DeLorean. 460 00:17:28,881 --> 00:17:31,042 This is Boston Harbor, 461 00:17:31,050 --> 00:17:33,587 and those are Volkswagens. 462 00:17:35,429 --> 00:17:36,839 They're coming in. 463 00:17:36,847 --> 00:17:39,088 - One of the tragic flaws of GM, 464 00:17:39,100 --> 00:17:41,216 and again this is something he knew, 465 00:17:41,227 --> 00:17:43,013 is that the company was all too willing 466 00:17:43,020 --> 00:17:44,430 to do what it was doing year after year after year 467 00:17:44,438 --> 00:17:46,053 because it was working 468 00:17:46,065 --> 00:17:47,851 even though they were ignoring, for instance, 469 00:17:47,858 --> 00:17:48,893 the small car market 470 00:17:48,901 --> 00:17:50,983 and let it go a lot of time to foreigners. 471 00:17:50,987 --> 00:17:51,851 - He saw what was coming 472 00:17:51,862 --> 00:17:52,817 from a lot of these imports, 473 00:17:52,822 --> 00:17:55,029 these smaller, more fuel efficient, 474 00:17:55,032 --> 00:17:56,738 better quality cars, 475 00:17:56,742 --> 00:17:59,324 and he knew the writing was on the wall. 476 00:17:59,328 --> 00:18:02,161 - Obviously, I saw the trends very clearly, 477 00:18:02,164 --> 00:18:04,576 and I wanted to react to them 478 00:18:04,584 --> 00:18:06,495 a little bit perhaps more aggressively 479 00:18:06,502 --> 00:18:08,868 than other members of the industry management. 480 00:18:08,879 --> 00:18:10,210 - He had big aspirations. 481 00:18:10,214 --> 00:18:11,374 He wanted to stay at GM. 482 00:18:11,382 --> 00:18:12,588 He wanted to be president. 483 00:18:12,592 --> 00:18:13,627 He wanted to do things, 484 00:18:13,634 --> 00:18:14,919 take the company in directions 485 00:18:14,927 --> 00:18:16,007 that they weren't willing to do 486 00:18:16,012 --> 00:18:18,219 because they were so comfortable 487 00:18:18,222 --> 00:18:20,508 being the fat cat at the time, 488 00:18:20,516 --> 00:18:22,677 being the number one car company in the world, 489 00:18:22,685 --> 00:18:25,222 and that leads to his demise. 490 00:18:27,982 --> 00:18:29,392 There were executives who resented him. 491 00:18:29,400 --> 00:18:30,515 Probably the most prominent 492 00:18:30,526 --> 00:18:33,017 is a guy named Roger Kyes. 493 00:18:33,029 --> 00:18:36,066 - It was just a total difference of opinion. 494 00:18:36,073 --> 00:18:39,941 I think he considered me capricious and superficial, 495 00:18:39,952 --> 00:18:43,319 and I considered him a pompous ass. 496 00:18:43,331 --> 00:18:46,823 Those enemies in the company slowly developed 497 00:18:46,834 --> 00:18:49,621 kind of a cabal, if you will, against DeLorean. 498 00:18:50,546 --> 00:18:53,288 - In 1972, they tasked John 499 00:18:53,299 --> 00:18:54,755 with putting together a speech 500 00:18:54,759 --> 00:18:56,340 to talk about GM's quality, 501 00:18:56,344 --> 00:18:58,881 the infamous Greenbrier Speech. 502 00:18:58,888 --> 00:19:01,800 They pre-read all the speeches weeks in advance. 503 00:19:01,807 --> 00:19:03,923 They noticed that the speech not only criticizes 504 00:19:03,934 --> 00:19:05,049 the quality of the cars, 505 00:19:05,061 --> 00:19:07,097 but it criticizes a lot of the executives 506 00:19:07,104 --> 00:19:08,389 that are currently there, 507 00:19:08,397 --> 00:19:09,933 some of his own bosses, 508 00:19:09,940 --> 00:19:12,181 and they censored a lot of the stuff 509 00:19:12,193 --> 00:19:13,433 that he could say in the speech, 510 00:19:13,444 --> 00:19:16,607 but he wasn't gonna let it just rest at that. 511 00:19:16,614 --> 00:19:17,478 - There's nothing. 512 00:19:19,283 --> 00:19:20,363 There's something you forgot. 513 00:19:20,368 --> 00:19:22,279 - Well, that's the one I'm actually giving 514 00:19:22,286 --> 00:19:23,867 at Greenbrier on Saturday. 515 00:19:24,747 --> 00:19:27,329 This is the speech I should be giving. 516 00:19:27,333 --> 00:19:29,198 What I should be saying is in here. 517 00:19:29,210 --> 00:19:31,326 It's somewhere buried like Kyes wants. 518 00:19:32,421 --> 00:19:33,501 - You think it's personal, then? 519 00:19:33,506 --> 00:19:35,542 - Oh, sure it's personal. 520 00:19:35,549 --> 00:19:37,790 I wonder how much longer I can do this dance. 521 00:19:37,802 --> 00:19:39,042 I mean, at this rate, 522 00:19:39,053 --> 00:19:41,715 it'll be 10 years of me pushing papers 523 00:19:41,722 --> 00:19:44,088 that I didn't write before I'm named president, 524 00:19:44,100 --> 00:19:47,012 and that's not gonna work at all. 525 00:19:48,813 --> 00:19:51,270 - Any thoughts on how you might accelerate that? 526 00:19:54,402 --> 00:19:55,232 - As a matter of fact, 527 00:19:55,236 --> 00:19:56,521 I've got a few ideas, yeah. 528 00:19:58,072 --> 00:20:01,405 If this original speech were to be leaked, 529 00:20:01,409 --> 00:20:03,616 there would be some blow back, sure, 530 00:20:03,619 --> 00:20:04,904 but I'd be vindicated. 531 00:20:05,955 --> 00:20:08,162 - And in this particular situation, 532 00:20:08,165 --> 00:20:10,326 what he wants is for the public and the press 533 00:20:10,334 --> 00:20:11,665 to sort of shame GM 534 00:20:11,669 --> 00:20:14,126 and push them in the direction that he wanted 535 00:20:14,130 --> 00:20:16,337 the company to go in. 536 00:20:16,340 --> 00:20:17,876 - Good to see you, Roy. 537 00:20:17,883 --> 00:20:18,713 - And you, John. 538 00:20:18,718 --> 00:20:21,050 And he felt that by calling these people out 539 00:20:21,053 --> 00:20:22,793 that this was gonna somehow prop him up 540 00:20:22,805 --> 00:20:25,763 and propel him even faster into the presidency. 541 00:20:27,226 --> 00:20:29,842 His initial speech leaked to the press, 542 00:20:29,854 --> 00:20:31,845 and it was all over the news 543 00:20:31,856 --> 00:20:34,017 that John DeLorean is highly critical 544 00:20:34,024 --> 00:20:35,309 of General Motors' quality. 545 00:20:37,194 --> 00:20:39,105 - DeLorean claimed his enemies 546 00:20:39,113 --> 00:20:42,276 had leaked the speeches out. 547 00:20:42,283 --> 00:20:45,195 Became apparent that people close to DeLorean 548 00:20:45,202 --> 00:20:47,318 had leaked these speeches out. 549 00:20:47,329 --> 00:20:48,819 - You got to remember this is a person 550 00:20:48,831 --> 00:20:53,245 who was only rewarded for taking big risks, 551 00:20:53,252 --> 00:20:54,492 dangerous moves. 552 00:20:56,130 --> 00:20:57,666 It didn't work. 553 00:20:57,673 --> 00:20:59,789 No doubt, DeLorean was booted 554 00:20:59,800 --> 00:21:01,461 by members of the board 555 00:21:01,469 --> 00:21:03,130 and the corporate directors, 556 00:21:03,137 --> 00:21:07,471 and that forced him out very abruptly in 1973. 557 00:21:14,899 --> 00:21:18,562 DeLorean is ejected from the company 558 00:21:18,569 --> 00:21:20,150 in what should have been 559 00:21:20,154 --> 00:21:22,941 a very embarrassing event. 560 00:21:22,948 --> 00:21:27,908 However, he finds a way at making it all heroic. 561 00:21:28,454 --> 00:21:30,285 - Being fired or being 1/7th 562 00:21:30,289 --> 00:21:32,245 or 1/ 10th of some committee 563 00:21:32,249 --> 00:21:34,456 is a very unappealing thing to me. 564 00:21:34,460 --> 00:21:36,496 Obviously, it was very rewarding financially, 565 00:21:36,504 --> 00:21:38,335 and it would have been easy to sit there 566 00:21:38,339 --> 00:21:41,422 for another 17 years collecting a half a million 567 00:21:41,425 --> 00:21:43,632 or three quarters of a million dollars a year, 568 00:21:43,636 --> 00:21:45,843 but that really didn't appeal to me very much. 569 00:21:45,846 --> 00:21:50,306 - A full career would have been another 15 years. 570 00:21:50,309 --> 00:21:51,674 Well, what's he gonna do? 571 00:21:51,685 --> 00:21:53,391 He's going to count beans 572 00:21:53,395 --> 00:21:55,181 with the other executives. 573 00:21:55,189 --> 00:21:59,307 Compared to creating new, cool products like GTOs, 574 00:21:59,318 --> 00:22:01,559 it's completely different. 575 00:22:01,570 --> 00:22:05,438 There's no way DeLorean would have lasted to age 65. 576 00:22:05,449 --> 00:22:07,565 - Wow, I can't imagine us selling 577 00:22:07,576 --> 00:22:09,612 even close to 5,000 578 00:22:09,620 --> 00:22:12,236 but let's start with that number. 579 00:22:12,248 --> 00:22:14,705 - I've got another car, a stainless steel car. 580 00:22:14,708 --> 00:22:16,494 You're gonna be crazy about it. 581 00:22:16,502 --> 00:22:17,332 - Yeah, okay. 582 00:22:17,336 --> 00:22:18,542 Good luck with that, John. 583 00:22:19,672 --> 00:22:21,378 And cut. 584 00:22:21,382 --> 00:22:22,747 - No, that's what the line should be. 585 00:22:22,758 --> 00:22:23,918 The bad version, you'll be going, 586 00:22:23,926 --> 00:22:24,756 "Next thing you're gonna be telling us 587 00:22:24,760 --> 00:22:26,546 "you want to build a stainless steel car." 588 00:22:30,599 --> 00:22:32,055 - In the back of his mind, 589 00:22:32,059 --> 00:22:36,302 this concept car was always stirring, 590 00:22:36,313 --> 00:22:37,928 what he called an ethical car. 591 00:22:37,940 --> 00:22:40,022 - Oh, we're doing a sports racing car here. 592 00:22:40,025 --> 00:22:42,812 It's gonna be designed to have an eternal life, 593 00:22:42,820 --> 00:22:45,732 and so we're using a non-corrosive material 594 00:22:45,739 --> 00:22:47,855 so that it'll just stay together forever and ever, 595 00:22:47,867 --> 00:22:51,155 and so it's gonna be very beautiful aesthetically. 596 00:22:51,161 --> 00:22:54,278 He wanted to build a sophisticated, 597 00:22:54,290 --> 00:22:57,828 contemporary looking sports car for the masses. 598 00:22:57,835 --> 00:22:59,245 That wasn't the norm. 599 00:22:59,253 --> 00:23:00,459 If you're gonna get something 600 00:23:00,462 --> 00:23:02,373 that's that exotic and interesting, 601 00:23:02,381 --> 00:23:03,712 you're gonna have to get a Ferrari 602 00:23:03,716 --> 00:23:05,798 or a Lamborghini where they only make 603 00:23:05,801 --> 00:23:08,213 a few hundred cars a year. 604 00:23:08,220 --> 00:23:11,678 John was trying to make a mass produced car. 605 00:23:11,682 --> 00:23:14,344 He set out to compete with the big boys. 606 00:23:14,351 --> 00:23:16,592 - It's difficult, if not impossible, 607 00:23:16,604 --> 00:23:19,937 to start up a car company. 608 00:23:19,940 --> 00:23:21,476 Really, the last one you could name 609 00:23:21,483 --> 00:23:24,099 was Chrysler in the 19205, 610 00:23:24,111 --> 00:23:26,773 and even Chrysler went through bankruptcy. 611 00:23:26,780 --> 00:23:29,192 There aren't many people who'd do that, 612 00:23:29,199 --> 00:23:31,941 who want to risk it all. 613 00:23:31,952 --> 00:23:33,112 When he left GM 614 00:23:33,120 --> 00:23:34,826 and more or less was forced to leave, 615 00:23:34,830 --> 00:23:38,368 that became the driving force in his motivation. 616 00:23:38,375 --> 00:23:39,831 I'm gonna show them, 617 00:23:39,835 --> 00:23:42,326 and so it was part dream and part revenge. 618 00:23:51,680 --> 00:23:52,510 - There it is, 619 00:23:52,514 --> 00:23:53,503 what we always talked about. 620 00:23:54,892 --> 00:23:56,302 What do you think about being named 621 00:23:56,310 --> 00:23:58,801 the head of the entire product program 622 00:23:58,812 --> 00:24:02,396 for the first mass produced car since Chrysler? 623 00:24:04,443 --> 00:24:07,230 - John, look, obviously I'm flattered, but-- 624 00:24:07,237 --> 00:24:08,101 - No buts, Bill, 625 00:24:08,113 --> 00:24:09,273 and I'm not flattering you. 626 00:24:09,281 --> 00:24:11,192 This is what you and I were built for. 627 00:24:11,200 --> 00:24:13,316 This is real innovation. 628 00:24:14,995 --> 00:24:16,701 - Does innovation include a pension? 629 00:24:16,705 --> 00:24:17,990 Well, who's asking? 630 00:24:17,998 --> 00:24:18,862 - My wife. 631 00:24:18,874 --> 00:24:21,707 - Well, you tell Nina that the greater the risk, 632 00:24:21,710 --> 00:24:22,665 the greater the reward, 633 00:24:22,670 --> 00:24:25,503 and besides, this finally puts you in the driver's seat. 634 00:24:25,506 --> 00:24:26,336 - Lemonade, boys? 635 00:24:28,425 --> 00:24:29,255 Thank you. 636 00:24:29,259 --> 00:24:30,089 - Honey. 637 00:24:30,094 --> 00:24:31,049 - Thank you. 638 00:24:33,430 --> 00:24:35,045 - And you've got the money for this? 639 00:24:35,057 --> 00:24:37,924 - Oh, yeah, we've got several sources 640 00:24:37,935 --> 00:24:39,550 of initial investment. 641 00:24:44,274 --> 00:24:47,482 - You two are quite persuasive. 642 00:24:48,320 --> 00:24:49,605 - The lemonade was my idea. 643 00:24:50,906 --> 00:24:52,442 - It's delicious. 644 00:24:52,449 --> 00:24:54,110 - You talk to your wife. 645 00:24:54,118 --> 00:24:55,324 - I probably thought about it, 646 00:24:55,327 --> 00:24:57,363 and my wife would say we should 647 00:24:57,371 --> 00:24:58,656 probably not have done it. 648 00:24:58,664 --> 00:25:00,279 Having been at GM where money 649 00:25:00,290 --> 00:25:01,996 was never a problem, 650 00:25:02,001 --> 00:25:04,208 you were sort of gambling, 651 00:25:04,211 --> 00:25:06,953 and you hoped the thing was gonna work out. 652 00:25:06,964 --> 00:25:10,502 - The company really has its founding in two people. 653 00:25:10,509 --> 00:25:12,966 That's John DeLorean and Bill Collins. 654 00:25:12,970 --> 00:25:15,211 Collins never reached for glory. 655 00:25:15,222 --> 00:25:16,712 He didn't have so much ego 656 00:25:16,724 --> 00:25:19,511 that he needed his name on the product. 657 00:25:19,518 --> 00:25:21,474 He was always behind the scenes. 658 00:25:21,478 --> 00:25:26,313 He was the guy who made DeLorean look good many times. 659 00:25:26,316 --> 00:25:29,274 - Bill is a super, wonderful gentleman. 660 00:25:29,278 --> 00:25:31,769 He is one of the world's finest men. 661 00:25:31,780 --> 00:25:32,610 He really is. 662 00:25:32,614 --> 00:25:34,150 He is a good man, 663 00:25:34,158 --> 00:25:36,945 and it was like his dream 664 00:25:36,952 --> 00:25:38,032 was to do this. 665 00:25:39,747 --> 00:25:40,736 - I think from the beginning, 666 00:25:40,748 --> 00:25:43,239 John's major concern always was fundraising, 667 00:25:43,250 --> 00:25:45,707 so my objective was to start out 668 00:25:45,711 --> 00:25:47,167 building the first prototype. 669 00:25:48,047 --> 00:25:50,083 - This was definitely Bill's baby. 670 00:25:50,090 --> 00:25:51,580 I mean, if there was an issue 671 00:25:51,592 --> 00:25:53,548 that had anything to do with the car, 672 00:25:53,552 --> 00:25:55,918 Bill Collins was the guy leading the charge. 673 00:25:57,056 --> 00:26:00,674 That played out basically for the first three years 674 00:26:00,684 --> 00:26:01,594 of the project. 675 00:26:02,644 --> 00:26:04,430 When we finished the first prototype, 676 00:26:04,438 --> 00:26:05,803 it was a huge event 677 00:26:05,814 --> 00:26:07,850 because now we could say, 678 00:26:07,858 --> 00:26:11,396 this isn't some dream kind of fakery here. 679 00:26:11,403 --> 00:26:13,064 This is the real McCoy. 680 00:26:13,072 --> 00:26:15,358 We hadn't solved all the engineering problems yet, 681 00:26:15,365 --> 00:26:16,525 but it was exciting. 682 00:26:16,533 --> 00:26:19,866 It turned out to be a great car, in my opinion. 683 00:26:19,870 --> 00:26:22,327 - To be part of this thing 684 00:26:22,331 --> 00:26:24,071 that might grow into something 685 00:26:24,083 --> 00:26:26,119 that who knows where it would go, 686 00:26:26,126 --> 00:26:28,492 it was electrifying. 687 00:26:32,674 --> 00:26:33,789 This is a presentation 688 00:26:33,801 --> 00:26:36,383 of the DeLeorean Motor Company. 689 00:26:38,472 --> 00:26:40,337 Imagine how many of the men who have headed 690 00:26:40,349 --> 00:26:43,216 each of the major automotive manufacturers 691 00:26:43,227 --> 00:26:45,013 have wanted to create a product starting 692 00:26:45,020 --> 00:26:46,851 with a clean sheet of paper. 693 00:26:46,855 --> 00:26:50,268 That is what the DeLorean Motor Company intends to do. 694 00:26:51,443 --> 00:26:53,308 - We were basically a company 695 00:26:53,320 --> 00:26:54,480 with no foundation, 696 00:26:55,364 --> 00:26:59,824 and the less you have to secure an investment, 697 00:26:59,827 --> 00:27:02,489 the more risky you are to an investor, 698 00:27:02,496 --> 00:27:04,612 and we were pretty risky. 699 00:27:04,623 --> 00:27:08,912 Our asset was John's background experience, 700 00:27:08,919 --> 00:27:11,080 and so he really had to be 701 00:27:11,088 --> 00:27:13,204 what we initially were selling. 702 00:27:13,215 --> 00:27:15,206 John DeLorean wants to build a car-- 703 00:27:15,217 --> 00:27:16,548 You have to portray him 704 00:27:16,552 --> 00:27:18,133 as being on the top of the mountain, 705 00:27:18,137 --> 00:27:21,095 being adored by the world as a savior 706 00:27:21,098 --> 00:27:22,929 of the auto industry, 707 00:27:22,933 --> 00:27:23,968 is very popular. 708 00:27:23,976 --> 00:27:26,809 And we were the dog and pony show experts, 709 00:27:26,812 --> 00:27:28,222 and we'd do the set up. 710 00:27:28,230 --> 00:27:29,686 We'd do the show, 711 00:27:29,690 --> 00:27:31,430 and then at the precise moment, 712 00:27:31,441 --> 00:27:33,272 John DeLorean would come in. 713 00:27:33,277 --> 00:27:34,483 They'd actually see the man, 714 00:27:34,486 --> 00:27:36,977 and it looked like he was levitating. 715 00:27:47,624 --> 00:27:50,491 - Most of you have already seen my lovely wife, Cristina. 716 00:27:54,548 --> 00:27:56,209 I know she's likely the real reason 717 00:27:56,216 --> 00:27:57,456 you're all here tonight, 718 00:27:58,468 --> 00:27:59,833 but in all seriousness, 719 00:27:59,845 --> 00:28:01,210 I do have her to thank, 720 00:28:02,431 --> 00:28:03,887 along with many others. 721 00:28:03,891 --> 00:28:06,132 In particular, I'd like to recognize 722 00:28:06,143 --> 00:28:08,008 the man I handpicked, 723 00:28:08,020 --> 00:28:10,978 essentially stole from GM to head up 724 00:28:10,981 --> 00:28:14,724 the entire DeLorean Motor Company private program, 725 00:28:14,735 --> 00:28:17,317 perhaps the finest automotive engineer 726 00:28:17,321 --> 00:28:20,905 I've ever met in my entire life, Bill Collins. 727 00:28:25,662 --> 00:28:28,244 I know that we may be the new boy on the block, 728 00:28:28,248 --> 00:28:30,113 but I also know that on this, 729 00:28:30,125 --> 00:28:33,959 the bicentennial of the American Revolution, 730 00:28:33,962 --> 00:28:36,624 we can start making our version 731 00:28:36,632 --> 00:28:40,375 of the American dream a reality. 732 00:28:40,385 --> 00:28:44,219 Allow me to introduce the first incarnation 733 00:28:44,223 --> 00:28:46,885 in the evolution of my dream, 734 00:28:46,892 --> 00:28:48,223 our first vehicle, 735 00:28:48,227 --> 00:28:51,264 code named the DMC-12, 736 00:28:51,271 --> 00:28:52,977 the DeLorean Motor Car. 737 00:29:01,281 --> 00:29:03,192 In the early stages, 738 00:29:03,200 --> 00:29:04,906 this was all but the second coming. 739 00:29:04,910 --> 00:29:07,868 It was described in Detroit as significant 740 00:29:07,871 --> 00:29:10,533 as the invention of the Ford Model A, 741 00:29:11,375 --> 00:29:13,240 that this was gonna change everything. 742 00:29:32,813 --> 00:29:34,144 - I don't think I've sat in one of these 743 00:29:34,147 --> 00:29:36,763 probably since my dad had one on the farm. 744 00:29:36,775 --> 00:29:38,015 There's not much of a tie 745 00:29:39,319 --> 00:29:42,106 for me to the car as much as people would think. 746 00:29:44,491 --> 00:29:46,197 I don't know if that makes sense. 747 00:29:46,201 --> 00:29:48,533 Being young when this car was built, 748 00:29:48,537 --> 00:29:49,743 you just don't understand 749 00:29:49,746 --> 00:29:52,283 the magnitude and the gravity of it. 750 00:29:52,291 --> 00:29:54,577 It's flying over your head at 1,000 miles an hour, 751 00:29:54,584 --> 00:29:57,576 and it's like my dad built this car. 752 00:29:57,587 --> 00:29:59,418 It's got our name on it. 753 00:29:59,423 --> 00:30:01,379 I mean, when I'm in it or I see it, 754 00:30:01,383 --> 00:30:02,293 I see my father. 755 00:30:02,301 --> 00:30:03,336 I feel my dad, 756 00:30:05,137 --> 00:30:06,968 but between me and this car, 757 00:30:08,056 --> 00:30:10,798 I think it's a love hate relationship, probably. 758 00:30:10,809 --> 00:30:13,425 Half the time, I don't even know what to think of it, 759 00:30:13,437 --> 00:30:15,052 to be honest with you, so, 760 00:30:20,652 --> 00:30:23,860 probably the closest person I've ever been close 761 00:30:23,864 --> 00:30:26,697 to my whole fucking life was my father. 762 00:30:26,700 --> 00:30:29,533 He adopted me when I was, 763 00:30:29,536 --> 00:30:30,901 I mean, two weeks old. 764 00:30:32,664 --> 00:30:34,245 As far as like DeLorean 765 00:30:34,249 --> 00:30:35,864 or DeLorean Motor Company, 766 00:30:35,876 --> 00:30:37,582 it was just dad going to work. 767 00:30:37,586 --> 00:30:39,668 Dad's building a car. 768 00:30:39,671 --> 00:30:41,787 I had no clue how famous he was, 769 00:30:41,798 --> 00:30:43,880 had no clue how famous my mother was. 770 00:30:44,760 --> 00:30:46,045 I think we moved to New York 771 00:30:46,053 --> 00:30:47,668 probably I would say in '74 772 00:30:47,679 --> 00:30:50,261 because then my sister was born in '77. 773 00:30:51,183 --> 00:30:52,468 - Throughout my life, 774 00:30:52,476 --> 00:30:53,932 I understood that there was 775 00:30:53,935 --> 00:30:55,641 this man John DeLorean, 776 00:30:55,645 --> 00:30:57,681 and with this man John DeLorean 777 00:30:57,689 --> 00:31:02,023 came this history of all the things 778 00:31:02,027 --> 00:31:04,234 that are again iconically 779 00:31:04,237 --> 00:31:06,478 encompassed by the car, 780 00:31:07,866 --> 00:31:12,109 and then there was my dad, 781 00:31:12,120 --> 00:31:16,705 and I understood that they were two different people. 782 00:31:17,959 --> 00:31:19,540 When I was little, 783 00:31:19,544 --> 00:31:22,035 my dad was at the peak of everything. 784 00:31:23,173 --> 00:31:25,459 There are pictures of us, 785 00:31:25,467 --> 00:31:26,297 and I used to say, 786 00:31:26,301 --> 00:31:28,132 it's the royal family. 787 00:31:28,136 --> 00:31:30,593 My mom was always so perfect and put together, 788 00:31:30,597 --> 00:31:33,134 and my brother always in his perfect little suit. 789 00:31:33,141 --> 00:31:35,803 Oh, we were so cute, 790 00:31:35,811 --> 00:31:38,177 like seriously, we were just so cute. 791 00:31:38,188 --> 00:31:40,554 My dad was my best friend. 792 00:31:40,565 --> 00:31:43,181 He taught me everything. 793 00:31:43,193 --> 00:31:44,399 He taught me how to fish. 794 00:31:44,403 --> 00:31:45,518 He taught me how to drive. 795 00:31:45,529 --> 00:31:47,645 He taught me how to ride a motorcycle. 796 00:31:48,949 --> 00:31:51,190 - This is everything he had been working for. 797 00:31:51,201 --> 00:31:52,657 This was his dream, I mean, 798 00:31:52,661 --> 00:31:53,821 being married to my mom, 799 00:31:53,829 --> 00:31:54,659 having a family, 800 00:31:54,663 --> 00:31:56,824 having an apartment on Fifth Avenue, 801 00:31:57,958 --> 00:32:00,540 buying a farm out in New Jersey, 802 00:32:00,544 --> 00:32:02,000 having the car company. 803 00:32:04,131 --> 00:32:08,875 That was probably the best time of his life. 804 00:32:12,472 --> 00:32:13,427 - Can you see this well? 805 00:32:13,432 --> 00:32:14,592 Is this lit well enough for you? 806 00:32:14,599 --> 00:32:17,432 Because, I mean, I'm a firm believer 807 00:32:17,436 --> 00:32:19,392 that that can't be faked, 808 00:32:19,396 --> 00:32:23,230 and now how happy she is, I don't know, 809 00:32:23,233 --> 00:32:24,222 and she seems pretty happy, 810 00:32:24,234 --> 00:32:25,064 but she's a kid. 811 00:32:25,068 --> 00:32:28,276 They're always fairly happy as a rule, 812 00:32:28,280 --> 00:32:31,147 but look at how happy he is himself, 813 00:32:31,158 --> 00:32:32,364 the subject of the film. 814 00:32:33,493 --> 00:32:34,323 I don't think that can be. 815 00:32:34,327 --> 00:32:36,067 I think he's very happy, 816 00:32:36,079 --> 00:32:38,240 and I have a picture of my family, 817 00:32:38,248 --> 00:32:39,988 and I'm a couple of years older 818 00:32:40,000 --> 00:32:42,116 than my wife than he is from his wife, 819 00:32:42,127 --> 00:32:43,913 so I get this. 820 00:32:43,920 --> 00:32:45,785 I get this, 821 00:32:45,797 --> 00:32:48,789 and the problem is that he wanted both, 822 00:32:49,759 --> 00:32:50,714 and when you want both, 823 00:32:50,719 --> 00:32:51,549 you can have both, 824 00:32:51,553 --> 00:32:52,759 but that's very tough to do. 825 00:32:54,181 --> 00:32:55,546 Cristina, you have been married 826 00:32:55,557 --> 00:32:57,263 to this man for seven years. 827 00:32:57,267 --> 00:32:58,507 Tell me about John. 828 00:32:59,728 --> 00:33:02,845 - Well, I, unfortunately for everyone else, 829 00:33:02,856 --> 00:33:03,811 all of our other friends, 830 00:33:03,815 --> 00:33:06,306 they do not know John the way I do, 831 00:33:06,318 --> 00:33:07,182 and if they did-- 832 00:33:07,194 --> 00:33:08,024 Well, that may be better. 833 00:33:08,028 --> 00:33:10,610 - No, no, let me be more specific about, 834 00:33:10,614 --> 00:33:11,820 because most of the people 835 00:33:11,823 --> 00:33:15,566 know John as a businessman and an executive, 836 00:33:15,577 --> 00:33:17,989 but I know him as a husband 837 00:33:17,996 --> 00:33:19,452 and a loving father, 838 00:33:19,456 --> 00:33:21,412 and he is a totally unselfish, 839 00:33:21,416 --> 00:33:23,702 gentle, giving human being. 840 00:33:23,710 --> 00:33:26,497 I grew up and married Prince Charming. 841 00:33:26,505 --> 00:33:27,415 Really? 842 00:33:27,422 --> 00:33:28,252 - That's exactly how I feel. 843 00:33:28,256 --> 00:33:29,086 Yes. 844 00:33:29,090 --> 00:33:29,875 - All right, John. 845 00:33:29,883 --> 00:33:30,713 Describe her to me. 846 00:33:31,801 --> 00:33:32,961 - Yeah, of course. 847 00:33:32,969 --> 00:33:34,254 It would take days, 848 00:33:34,262 --> 00:33:37,345 but I never in my wildest dreams 849 00:33:37,349 --> 00:33:38,680 ever believed that my life 850 00:33:38,683 --> 00:33:40,594 could be so complete and so happy, 851 00:33:40,602 --> 00:33:43,890 and when there's any kind of a family crisis, 852 00:33:43,897 --> 00:33:46,183 she suddenly becomes the Rock of Gibraltar. 853 00:33:46,191 --> 00:33:47,772 She really is the solid, 854 00:33:47,776 --> 00:33:50,313 stable part of our relationship, 855 00:33:50,320 --> 00:33:51,105 whether it's-- 856 00:33:51,112 --> 00:33:53,569 - She was very perky, 857 00:33:53,573 --> 00:33:55,313 peppy, upbeat, 858 00:33:55,325 --> 00:33:57,862 and she is that way in a lot of the footage 859 00:33:57,869 --> 00:33:58,733 that I've seen. 860 00:34:00,747 --> 00:34:01,987 - Do you want me to walk you to the elevator 861 00:34:01,998 --> 00:34:03,158 like I do every morning? 862 00:34:03,166 --> 00:34:03,996 No. 863 00:34:04,000 --> 00:34:04,830 - No? 864 00:34:04,834 --> 00:34:05,744 Okay. 865 00:34:05,752 --> 00:34:06,582 Good bye, sweethea rt. 866 00:34:06,586 --> 00:34:08,326 Have a wonderful day. 867 00:34:08,338 --> 00:34:10,545 Goodbye, darling. 868 00:34:10,549 --> 00:34:11,379 That's John. 869 00:34:11,383 --> 00:34:12,213 Anyway-- 870 00:34:12,217 --> 00:34:14,299 But every woman who has it all 871 00:34:14,302 --> 00:34:16,213 and who works and who has children 872 00:34:16,221 --> 00:34:17,131 and who is in love 873 00:34:17,138 --> 00:34:19,094 and who has a loving family, 874 00:34:19,099 --> 00:34:22,091 like you cannot be 100 % at everything. 875 00:34:22,102 --> 00:34:23,262 When I was watching footage, 876 00:34:23,270 --> 00:34:24,601 it was to sort of see, 877 00:34:24,604 --> 00:34:27,061 what was the public Cristina 878 00:34:27,065 --> 00:34:28,976 versus what was the personal, 879 00:34:30,527 --> 00:34:32,188 They arrested John DeLorean. 880 00:34:32,195 --> 00:34:34,277 - I just found out a few hours ago. 881 00:34:34,281 --> 00:34:35,396 I know nothing. 882 00:34:35,407 --> 00:34:36,396 I caught a plane. 883 00:34:36,408 --> 00:34:37,272 I'm here. 884 00:34:38,118 --> 00:34:39,449 - She's so composed. 885 00:34:39,452 --> 00:34:40,862 It's amazing, right? 886 00:34:40,870 --> 00:34:44,408 I mean, I feel like she was caught in between 887 00:34:44,416 --> 00:34:46,953 what she wanted things to be like, 888 00:34:46,960 --> 00:34:49,918 and this is just me speculating obviously, 889 00:34:49,921 --> 00:34:52,333 but like what she wanted things to be like 890 00:34:52,340 --> 00:34:54,376 and then what the reality was. 891 00:34:55,218 --> 00:34:56,583 Not yet. 892 00:34:56,595 --> 00:34:58,085 We were just rehearsing. 893 00:34:58,096 --> 00:34:59,006 Sit down. 894 00:34:59,014 --> 00:34:59,844 - What are you doing-- 895 00:34:59,848 --> 00:35:01,463 - Sit down, you little. 896 00:35:01,474 --> 00:35:04,011 And obviously with what happened in their lives 897 00:35:04,019 --> 00:35:06,385 with John being arrested, 898 00:35:06,396 --> 00:35:08,933 I think that's sort of like the culmination of it all, 899 00:35:08,940 --> 00:35:10,805 and along the way I'm sure 900 00:35:10,817 --> 00:35:11,977 that in their relationship, 901 00:35:11,985 --> 00:35:15,569 there were moments where she was very much in love, 902 00:35:15,572 --> 00:35:20,032 but wondering, he's incredibly driven and ambitious, 903 00:35:20,035 --> 00:35:22,447 and how does she fit into that picture? 904 00:35:22,454 --> 00:35:23,990 - Eventually the car will get built, 905 00:35:23,997 --> 00:35:27,285 but right now I'm trying to build a brand. 906 00:35:27,292 --> 00:35:29,749 - Well, it concerns me 907 00:35:29,753 --> 00:35:32,210 where we're gonna raise the children. 908 00:35:32,213 --> 00:35:35,000 - Well, wherever we set up shop, 909 00:35:35,008 --> 00:35:37,420 we won't have to spend much time there. 910 00:35:37,427 --> 00:35:38,837 All that matters is which government 911 00:35:38,845 --> 00:35:39,960 gives us the most money. 912 00:35:41,514 --> 00:35:42,720 - Well, it matters to me, 913 00:35:44,434 --> 00:35:45,765 and it matters to the kids. 914 00:35:49,606 --> 00:35:50,391 - Don't worry. 915 00:35:51,441 --> 00:35:53,102 It's gonna be great for all of us. 916 00:36:02,661 --> 00:36:05,073 Northern Ireland's now experiencing rioting 917 00:36:05,080 --> 00:36:08,447 on a scale not seen for many years. 918 00:36:08,458 --> 00:36:10,574 - Why pick Belfast, Ireland, 919 00:36:10,585 --> 00:36:12,325 to build your motor plant? 920 00:36:12,337 --> 00:36:13,497 - Oh, it's very simple. 921 00:36:13,505 --> 00:36:15,211 Nobody anywhere in the world 922 00:36:15,215 --> 00:36:17,752 would come up with the financing we needed. 923 00:36:17,759 --> 00:36:20,000 Now, nobody else would go to Belfast 924 00:36:20,011 --> 00:36:21,547 because it was such a terrible, 925 00:36:21,554 --> 00:36:23,419 dangerous place to be. 926 00:36:23,431 --> 00:36:24,887 - I read in the newspapers 927 00:36:24,891 --> 00:36:26,597 that John DeLorean had secured 928 00:36:26,601 --> 00:36:30,264 the investment he needed to establish his car project 929 00:36:30,271 --> 00:36:32,432 in Northern Ireland against the background 930 00:36:32,440 --> 00:36:35,056 of the famous troubles 931 00:36:35,068 --> 00:36:37,229 that was rife at that time. 932 00:36:38,071 --> 00:36:40,062 Prolonged civil unrest between Catholics 933 00:36:40,073 --> 00:36:42,780 and Protestants scares off industrialists, 934 00:36:42,784 --> 00:36:44,991 depriving Northern Ireland of jobs, 935 00:36:44,994 --> 00:36:47,610 which it needs more than any other area of Britain. 936 00:36:48,540 --> 00:36:49,996 - The unemployment was insane. 937 00:36:49,999 --> 00:36:51,580 It was 30, 40 %, 938 00:36:51,584 --> 00:36:55,793 and John had something to offer, jobs. 939 00:36:55,797 --> 00:36:58,379 The Labor government in Britain at the time 940 00:36:58,383 --> 00:37:01,967 was willing to put in subsidies, loans, 941 00:37:01,970 --> 00:37:03,881 a piece of land, 942 00:37:03,888 --> 00:37:05,719 but here's the catch. 943 00:37:05,724 --> 00:37:07,134 It's got a population 944 00:37:07,142 --> 00:37:09,383 that has never built a car before. 945 00:37:09,394 --> 00:37:11,385 There's no pre-existing structure 946 00:37:11,396 --> 00:37:12,932 to build a car company there, 947 00:37:12,939 --> 00:37:15,897 and you have to do it in two years. 948 00:37:15,900 --> 00:37:18,312 I mean, are you kidding me? 949 00:37:18,319 --> 00:37:19,434 And all they have at this point 950 00:37:19,446 --> 00:37:21,482 is a hand built prototype, 951 00:37:21,489 --> 00:37:24,981 so it was a long list of things to accomplish 952 00:37:24,993 --> 00:37:27,860 to eventually be able to productionize the car. 953 00:37:27,871 --> 00:37:29,907 It became clear to everyone 954 00:37:29,914 --> 00:37:31,575 that they needed to have help 955 00:37:31,583 --> 00:37:33,039 to weed out all the problems 956 00:37:33,042 --> 00:37:36,000 and actually engineer this car to be mass produced. 957 00:37:36,004 --> 00:37:39,246 Well, Colin Chapman comes into the picture. 958 00:37:42,719 --> 00:37:45,051 - Probably the finest automobile engineer 959 00:37:45,054 --> 00:37:47,386 I have ever met in my life, Colin Chapman. 960 00:37:47,390 --> 00:37:48,971 I'll introduce Colin now. 961 00:37:50,101 --> 00:37:53,184 Colin Chapman is the founder of Lotus Cars. 962 00:37:53,188 --> 00:37:56,146 He was a pioneer in the racing industry. 963 00:37:56,149 --> 00:37:58,390 He dominated Formula One. 964 00:37:58,401 --> 00:38:02,770 A deal had been struck with Lotus Cars as a company 965 00:38:02,781 --> 00:38:05,614 and Colin Chapman as a named individual 966 00:38:05,617 --> 00:38:08,609 to engineer and develop DeLorean cars 967 00:38:08,620 --> 00:38:10,201 that could enter production. 968 00:38:10,205 --> 00:38:12,446 - Well, the idea of working with Lotus 969 00:38:12,457 --> 00:38:13,993 sounded like a good idea. 970 00:38:14,000 --> 00:38:15,115 We would all get together, 971 00:38:15,126 --> 00:38:17,412 and we'd become a joint organization 972 00:38:17,420 --> 00:38:21,254 and go finish the production design work. 973 00:38:21,257 --> 00:38:24,169 - Well, when we first got to Lotus, 974 00:38:24,177 --> 00:38:25,713 I mean, right out of the chute, 975 00:38:25,720 --> 00:38:26,960 it was kind of awkward. 976 00:38:26,971 --> 00:38:30,930 Here Bill and I and some others had spent years 977 00:38:30,934 --> 00:38:32,925 getting us to this point, 978 00:38:32,936 --> 00:38:36,394 and then now it was like Bill Collins and Bob Manion 979 00:38:36,397 --> 00:38:38,183 and whoever else was involved, 980 00:38:38,191 --> 00:38:42,104 they can kind of like just watch us, 981 00:38:44,280 --> 00:38:46,020 and that of course isn't what I was gonna do, 982 00:38:46,032 --> 00:38:48,865 and it certainly wasn't gonna be what Bill was gonna do. 983 00:38:48,868 --> 00:38:49,983 - This is Bill. 984 00:38:49,994 --> 00:38:51,325 Johnin? 985 00:38:51,329 --> 00:38:52,990 Bill, how the hell are you? 986 00:38:52,997 --> 00:38:55,283 - Look, John, I got the contract you sent over, 987 00:38:56,292 --> 00:38:59,409 and I have to say it raises some questions. 988 00:39:00,797 --> 00:39:03,163 You've got a lot in here about Lotus, John, 989 00:39:03,174 --> 00:39:04,835 but nothing about me. 990 00:39:04,843 --> 00:39:05,673 - Oh, you don't have to worry about that, Bill. 991 00:39:05,677 --> 00:39:07,963 It's just a lot of paperwork. 992 00:39:07,971 --> 00:39:09,381 You know what you're doing. 993 00:39:09,389 --> 00:39:10,219 - I understand that, John, 994 00:39:10,223 --> 00:39:11,554 but I thought this was supposed 995 00:39:11,558 --> 00:39:13,799 to be a collaboration on the redesign, 996 00:39:13,810 --> 00:39:15,516 but Chapman's nowhere to be found. 997 00:39:16,938 --> 00:39:19,099 - Well, they're doing a lot of R and D, aren't they? 998 00:39:19,107 --> 00:39:20,768 - That's the other thing. 999 00:39:20,775 --> 00:39:25,109 This company in here, this GPD, 1000 00:39:25,113 --> 00:39:26,478 I've never even heard of it. 1001 00:39:27,532 --> 00:39:28,863 - You don't need to worry about that, Bill. 1002 00:39:28,867 --> 00:39:32,280 It's not going to affect you at all, okay? 1003 00:39:32,287 --> 00:39:34,403 - Well, I don't see how that's possible. 1004 00:39:34,414 --> 00:39:35,995 They got a hefty line item 1005 00:39:35,999 --> 00:39:37,114 in here on engineering, 1006 00:39:37,125 --> 00:39:39,161 but that's what we're supposed to be doing. 1007 00:39:39,168 --> 00:39:40,658 It just seems like you're paying twice 1008 00:39:40,670 --> 00:39:42,661 for the same thing, John. 1009 00:39:43,756 --> 00:39:46,293 - Well, it must be some kind of a tax shelter, Bill. 1010 00:39:46,301 --> 00:39:47,131 I don't know. 1011 00:39:47,135 --> 00:39:47,965 I'm not a CPA. 1012 00:39:47,969 --> 00:39:48,754 I'm sorry. 1013 00:39:51,097 --> 00:39:52,462 - John, what am I doing here? 1014 00:39:54,350 --> 00:39:55,214 Why am I even here? 1015 00:40:01,024 --> 00:40:02,013 - I liked Bill. 1016 00:40:02,025 --> 00:40:03,856 I think he'd done a tremendous job, 1017 00:40:03,860 --> 00:40:07,819 but the moment I found him reading the contract, 1018 00:40:07,822 --> 00:40:11,440 it was quite clear that what he'd already decided 1019 00:40:11,451 --> 00:40:13,817 in his own mind was true, 1020 00:40:13,828 --> 00:40:15,318 that he was out of a job. 1021 00:40:15,330 --> 00:40:18,618 Colin Chapman was not gonna have anybody 1022 00:40:18,625 --> 00:40:21,287 looking over Colin Chapman's shoulder. 1023 00:40:21,294 --> 00:40:22,659 To do business like this, 1024 00:40:22,670 --> 00:40:24,376 don't you have to be pretty ruthless? 1025 00:40:26,925 --> 00:40:28,335 - I don't think you have to be ruthless. 1026 00:40:28,343 --> 00:40:29,924 I think you have to be prepared to make 1027 00:40:29,928 --> 00:40:32,544 some unpalatable decisions at times 1028 00:40:32,555 --> 00:40:35,092 because frequently you're faced with making a decision 1029 00:40:35,099 --> 00:40:36,430 between two evils, 1030 00:40:36,434 --> 00:40:38,345 and you're gonna hurt somebody. 1031 00:40:38,353 --> 00:40:41,265 - John DeLorean himself, he knew. 1032 00:40:41,272 --> 00:40:42,387 He'd arranged with Chapman 1033 00:40:42,398 --> 00:40:45,105 that this is the way it's gonna be. 1034 00:40:45,109 --> 00:40:49,022 Nobody had told the guys from the U.S. team. 1035 00:40:49,030 --> 00:40:51,692 It becomes painfully clear that Bill 1036 00:40:51,699 --> 00:40:54,281 and his engineering team are out of a job, 1037 00:40:54,285 --> 00:40:55,650 and not only that, 1038 00:40:55,662 --> 00:40:57,698 there's something very fishy going on 1039 00:40:57,705 --> 00:40:59,696 with the finances of this deal. 1040 00:40:59,707 --> 00:41:02,824 Colin Chapman was gonna be willing to do things 1041 00:41:02,835 --> 00:41:05,622 that Bill would never have been comfortable with, 1042 00:41:05,630 --> 00:41:08,747 and for John, I think that was an important aspect 1043 00:41:08,758 --> 00:41:10,089 to this partnership, 1044 00:41:10,093 --> 00:41:11,128 and it was the type of thing 1045 00:41:11,135 --> 00:41:12,796 that was so important to him at the time 1046 00:41:12,804 --> 00:41:15,466 that he was willing to sacrifice Bill. 1047 00:41:23,481 --> 00:41:26,939 - Dear, John, after much deliberation on my part, 1048 00:41:26,943 --> 00:41:28,558 I feel it is obvious to both of us 1049 00:41:28,569 --> 00:41:30,525 that my participation in your venture 1050 00:41:30,530 --> 00:41:32,361 is no longer the same as intended. 1051 00:41:34,659 --> 00:41:36,115 Under the current circumstances, 1052 00:41:36,119 --> 00:41:38,235 I feel the only alternative for me 1053 00:41:38,246 --> 00:41:40,077 is to tender my resignation 1054 00:41:40,081 --> 00:41:43,073 in all my present positions at this time. 1055 00:41:43,084 --> 00:41:45,666 I wish you and the rest of the team the best of luck. 1056 00:41:48,047 --> 00:41:49,253 All these years later, 1057 00:41:50,591 --> 00:41:51,797 it still looks great, 1058 00:41:53,177 --> 00:41:55,418 and it would be nice to have a brown interior. 1059 00:41:58,141 --> 00:42:00,553 Well, it'd been a long, long time 1060 00:42:00,560 --> 00:42:02,642 that we'd been working on the project, 1061 00:42:02,645 --> 00:42:07,605 and I felt that I was being totally undercut by John, 1062 00:42:07,984 --> 00:42:09,815 and he really owed me a hell of lot more 1063 00:42:09,819 --> 00:42:11,355 than to treat me the way he did, 1064 00:42:12,530 --> 00:42:14,646 and itjust seemed like the time to move on. 1065 00:42:16,492 --> 00:42:18,733 Do you remember having the conversation 1066 00:42:18,745 --> 00:42:19,985 with John where you said, 1067 00:42:19,996 --> 00:42:20,826 "I'm resigning?" 1068 00:42:20,830 --> 00:42:22,695 - No, I don't remember. 1069 00:42:23,833 --> 00:42:26,700 I think he was happy to see me go. 1070 00:42:26,711 --> 00:42:27,666 Do you really? 1071 00:42:27,670 --> 00:42:28,500 - Yeah. 1072 00:42:28,504 --> 00:42:29,584 He didn't try to stop you at all? 1073 00:42:29,589 --> 00:42:30,374 - No. 1074 00:42:36,095 --> 00:42:37,255 We're all males, 1075 00:42:37,263 --> 00:42:38,343 but there's something to be said 1076 00:42:38,347 --> 00:42:39,803 about being the guy that's sort of the guy 1077 00:42:40,933 --> 00:42:43,595 that bore the baby, as it were, 1078 00:42:43,603 --> 00:42:44,888 with the DMC-12. 1079 00:43:04,040 --> 00:43:05,496 - Before we started filming, 1080 00:43:05,500 --> 00:43:09,960 we knew nothing about John DeLorean really. 1081 00:43:14,342 --> 00:43:16,003 We basically came to the project 1082 00:43:16,010 --> 00:43:18,467 because a British television station 1083 00:43:18,471 --> 00:43:22,009 wanted to do something on Ireland. 1084 00:43:22,016 --> 00:43:23,552 - And I was thinking, oh, boy, 1085 00:43:27,105 --> 00:43:29,517 They said, "No, no, we want it to be about automobiles 1086 00:43:29,524 --> 00:43:30,730 "because everybody in England 1087 00:43:30,733 --> 00:43:32,598 "just loves automobiles." 1088 00:43:32,610 --> 00:43:34,475 Like most of our films, 1089 00:43:34,487 --> 00:43:36,773 the idea was to kind of watch somebody 1090 00:43:36,781 --> 00:43:39,363 who wants to fulfill a life dream, 1091 00:43:39,367 --> 00:43:41,858 and that's who John was. 1092 00:43:41,869 --> 00:43:45,236 John Zachary DeLorean certainly doesn't smile much. 1093 00:43:45,248 --> 00:43:46,454 The reason is simple. 1094 00:43:46,457 --> 00:43:48,448 The most important project in his life 1095 00:43:48,459 --> 00:43:50,040 is yet to be accomplished. 1096 00:43:50,044 --> 00:43:51,580 - He was very guarded 1097 00:43:51,587 --> 00:43:56,206 because he had so many things, I guess, on his mind 1098 00:43:56,217 --> 00:43:58,799 to get figured out all the time. 1099 00:43:58,803 --> 00:44:02,045 - We've had some kind of criticism right from day one. 1100 00:44:02,056 --> 00:44:05,298 First, we were never gonna get the program together. 1101 00:44:05,309 --> 00:44:06,970 Then we'd never get the financing. 1102 00:44:06,978 --> 00:44:08,434 Then we'd never build the plant. 1103 00:44:08,437 --> 00:44:12,521 - I don't think the motor car manufacturing industries, 1104 00:44:12,525 --> 00:44:15,688 whether it be America, UK, mainland, 1105 00:44:15,695 --> 00:44:18,903 actually ever thought that it could be done. 1106 00:44:18,906 --> 00:44:21,488 - Now the critics are forecasting our failure 1107 00:44:21,492 --> 00:44:22,902 two or three years from now, 1108 00:44:22,910 --> 00:44:24,525 so I think as long as you can 1109 00:44:24,537 --> 00:44:25,902 always keep your failure two 1110 00:44:25,913 --> 00:44:27,198 or three years in the future, 1111 00:44:27,206 --> 00:44:28,787 you're probably gonna do okay. 1112 00:44:28,791 --> 00:44:30,452 - I think DeLorean's problem 1113 00:44:30,459 --> 00:44:32,575 was at that time he needed cars, 1114 00:44:32,587 --> 00:44:33,952 and he needed cars in a hurry. 1115 00:44:33,963 --> 00:44:36,579 - You got to pick the three or four big markets 1116 00:44:37,425 --> 00:44:39,916 We can't wait 14 months to start selling. 1117 00:44:39,927 --> 00:44:44,546 - It was a constant panic of racing the clock, 1118 00:44:44,557 --> 00:44:47,014 and it was damn the torpedoes 1119 00:44:47,018 --> 00:44:49,225 and full speed ahead. 1120 00:44:49,228 --> 00:44:51,685 It was such a process of building the car 1121 00:44:51,689 --> 00:44:53,225 and seeing what was working 1122 00:44:53,232 --> 00:44:54,938 and what wasn't working. 1123 00:44:54,942 --> 00:44:56,853 - We've had problems on the upper control arm 1124 00:44:56,861 --> 00:44:58,192 around the ball joint, 1125 00:44:58,196 --> 00:45:01,313 but we also had a torsion rod failure at 41,000 cycles. 1126 00:45:01,324 --> 00:45:04,111 - Everybody knew that there were gonna be problems. 1127 00:45:04,118 --> 00:45:05,733 The view you took was, well, 1128 00:45:05,745 --> 00:45:06,951 yeah, we expected this. 1129 00:45:06,954 --> 00:45:08,444 Fine, let's get on and fix it. 1130 00:45:09,498 --> 00:45:11,910 - It was crazy, absolutely crazy, 1131 00:45:11,918 --> 00:45:13,374 but it was exciting. 1132 00:45:13,377 --> 00:45:14,662 You were an operator on the floor 1133 00:45:14,670 --> 00:45:16,786 seeing that lovely stainless steel car 1134 00:45:16,797 --> 00:45:18,412 going together the way it should go. 1135 00:45:18,424 --> 00:45:19,880 That was very rewarding. 1136 00:45:20,801 --> 00:45:24,419 - You felt part of a family when you went in there. 1137 00:45:24,430 --> 00:45:26,466 There was absolutely no trouble, 1138 00:45:26,474 --> 00:45:28,681 no Protestant, Catholic divide. 1139 00:45:28,684 --> 00:45:31,050 - One of the proudest achievements, I think, 1140 00:45:31,062 --> 00:45:35,180 of DeLorean is that it was a form of social experiment. 1141 00:45:35,191 --> 00:45:37,807 You had for the first time in Northern Ireland 1142 00:45:37,818 --> 00:45:39,149 Catholics and Protestants 1143 00:45:39,153 --> 00:45:41,064 working alongside each other. 1144 00:45:41,072 --> 00:45:43,609 The social experiment was beginning to work. 1145 00:45:43,616 --> 00:45:46,904 You can have a mixed work force and be successful. 1146 00:45:46,911 --> 00:45:50,620 - In two years and 11 months, 1147 00:45:50,623 --> 00:45:51,988 we had built a factory. 1148 00:45:53,125 --> 00:45:55,411 We had designed a car. 1149 00:45:55,419 --> 00:45:56,750 The cars were built, 1150 00:45:56,754 --> 00:45:59,871 and that was the best time 1151 00:45:59,882 --> 00:46:02,373 I've ever had working in any company. 1152 00:46:04,011 --> 00:46:08,129 When the first six cars came rolling out, 1153 00:46:08,140 --> 00:46:09,676 the news crews were all there. 1154 00:46:10,643 --> 00:46:11,974 John was the biggest hero 1155 00:46:11,978 --> 00:46:13,343 in Northern Ireland that day. 1156 00:46:14,355 --> 00:46:16,971 - It's incredible that he got 3,500 cars 1157 00:46:16,983 --> 00:46:19,065 into the United States on a boat, 1158 00:46:19,068 --> 00:46:21,184 and we actually sailed on the damn boat too 1159 00:46:22,113 --> 00:46:26,152 because I just was so excited to see that happen 1160 00:46:26,158 --> 00:46:30,401 'cause I knew he showed them that he could do it. 1161 00:46:30,413 --> 00:46:31,243 Buyers are reported to be 1162 00:46:31,247 --> 00:46:32,737 queuing up in the United States 1163 00:46:32,748 --> 00:46:35,615 for the company's futuristic Goldwing DMC-12. 1164 00:46:35,626 --> 00:46:38,333 And D.A. and Chris, 1165 00:46:38,337 --> 00:46:39,417 you watch their movie, 1166 00:46:39,422 --> 00:46:41,253 and the perception you get at the end 1167 00:46:41,257 --> 00:46:43,168 is this is a success. 1168 00:46:43,175 --> 00:46:45,086 - Everything was hunky dOIโ€˜Y: 1169 00:46:45,094 --> 00:46:46,925 and it was great, you know? 1170 00:46:46,929 --> 00:46:49,090 We'd succeeded in October '81. 1171 00:46:56,314 --> 00:46:58,054 How is it? 1172 00:46:58,065 --> 00:47:01,228 - DeLorean is four or five little moves 1173 00:47:01,235 --> 00:47:03,021 away from victory. 1174 00:47:04,405 --> 00:47:06,316 He's on the doorstep of that victory. 1175 00:47:08,284 --> 00:47:11,026 In the music of it, it's like Bolero. 1176 00:47:12,413 --> 00:47:13,619 John just says. 1177 00:47:18,461 --> 00:47:20,042 We don't migrate from that. 1178 00:47:20,963 --> 00:47:23,204 He's played a pretty high stakes game, 1179 00:47:23,215 --> 00:47:25,877 and he really, really stays calm 1180 00:47:25,885 --> 00:47:27,876 and very contained, 1181 00:47:27,887 --> 00:47:30,469 and the drama is in him being contained 1182 00:47:30,473 --> 00:47:33,010 while everything collapsed around him. 1183 00:47:34,185 --> 00:47:36,392 - Things started to go south very quickly. 1184 00:47:37,355 --> 00:47:42,224 Around the fall of 1981, 1185 00:47:43,486 --> 00:47:45,898 there was a series of monumental cockups. 1186 00:47:45,905 --> 00:47:48,112 So everything's going really smoothly, but it's-- 1187 00:47:48,115 --> 00:47:50,151 - Well, I wouldn't say smoothly. 1188 00:47:50,159 --> 00:47:52,491 I don't want to give the appearance 1189 00:47:52,495 --> 00:47:56,079 that everything's just absolutely perfect. 1190 00:47:57,041 --> 00:47:59,703 - When those cars first came off the boat, 1191 00:47:59,710 --> 00:48:02,577 they were just a product warranty nightmare. 1192 00:48:02,588 --> 00:48:03,543 - The door won't close. 1193 00:48:03,547 --> 00:48:04,753 The gaps are all wrong. 1194 00:48:04,757 --> 00:48:06,668 The window wiper won't work. 1195 00:48:06,675 --> 00:48:09,041 The door mechanism won't work. 1196 00:48:09,053 --> 00:48:09,883 That happened. 1197 00:48:09,887 --> 00:48:11,548 It happened to me once, getting stuck in the car. 1198 00:48:11,555 --> 00:48:13,637 Couldn't open the door, you know? 1199 00:48:15,017 --> 00:48:16,302 - We reviewed the car. 1200 00:48:17,311 --> 00:48:19,393 It COStS more than a corvette. 1201 00:48:19,397 --> 00:48:20,637 It didn't handle that great. 1202 00:48:20,648 --> 00:48:22,058 It was kind of slow. 1203 00:48:22,066 --> 00:48:25,854 It was not the car he promised, 1204 00:48:25,861 --> 00:48:30,195 this fuel efficient, high performance car. 1205 00:48:30,199 --> 00:48:32,064 - It started to go south 1206 00:48:32,076 --> 00:48:35,113 when this happened in the teeth 1207 00:48:35,121 --> 00:48:38,784 of a diminishing economy. 1208 00:48:38,791 --> 00:48:40,452 Now the dream seems to be fading. 1209 00:48:40,459 --> 00:48:42,916 Sales are way down in the United States 1210 00:48:42,920 --> 00:48:44,581 perhaps for economic reasons, 1211 00:48:44,588 --> 00:48:47,546 perhaps because of some dissatisfaction with the car. 1212 00:48:47,550 --> 00:48:50,758 - In a scenario where there's a few thousand cars 1213 00:48:50,761 --> 00:48:52,251 coming to the U.S., 1214 00:48:52,263 --> 00:48:54,345 there's these quality control issues. 1215 00:48:54,348 --> 00:48:57,306 The lesson that should have been learned from this 1216 00:48:57,309 --> 00:49:00,176 is let's slow production down a little bit more. 1217 00:49:00,187 --> 00:49:01,267 Let's figure out a way 1218 00:49:01,272 --> 00:49:03,103 to work out all these issues. 1219 00:49:03,107 --> 00:49:05,894 Unfortunately, that's the opposite 1220 00:49:05,901 --> 00:49:07,562 of what John decided to do. 1221 00:49:07,570 --> 00:49:10,983 He pulled the trigger on basically doubling production. 1222 00:49:10,990 --> 00:49:12,480 And what happened? 1223 00:49:12,491 --> 00:49:17,451 These cars were backing up like plague rats on the docks. 1224 00:49:17,997 --> 00:49:20,739 - And it was just the wrong, wrong move, 1225 00:49:20,749 --> 00:49:21,864 so the question has to be, 1226 00:49:21,876 --> 00:49:23,741 well, why did he do this? 1227 00:49:23,752 --> 00:49:25,117 It was a typical John move 1228 00:49:25,129 --> 00:49:28,041 because he saw a little angle 1229 00:49:28,048 --> 00:49:31,006 in the contract where if you upped the amount 1230 00:49:31,010 --> 00:49:34,002 of people that were working there and increased jobs, 1231 00:49:34,013 --> 00:49:34,843 then the government was 1232 00:49:34,847 --> 00:49:37,304 supposed to be giving him an infusion of cash, 1233 00:49:37,308 --> 00:49:38,969 and so he thought he was gonna take advantage 1234 00:49:38,976 --> 00:49:40,557 of this little clause. 1235 00:49:40,561 --> 00:49:42,847 - Anyone who deals with the government knows 1236 00:49:42,855 --> 00:49:45,562 that that's a risk in itself. 1237 00:49:45,566 --> 00:49:46,931 What if the politics change? 1238 00:49:46,942 --> 00:49:48,898 What if the administration changes? 1239 00:49:49,820 --> 00:49:52,687 Well, Margaret Thatcher happened. 1240 00:49:54,492 --> 00:49:56,483 - We'd had a change of government by now. 1241 00:49:56,494 --> 00:49:58,405 The Conservatives were in power. 1242 00:49:58,412 --> 00:50:02,997 Margaret Thatcher, the arch privateer, was prime minister. 1243 00:50:03,000 --> 00:50:05,616 Between Margaret Thatcher as prime minister and us, 1244 00:50:05,628 --> 00:50:06,959 there was a secretary of state 1245 00:50:06,962 --> 00:50:09,624 for Northern Ireland, James Prior. 1246 00:50:09,632 --> 00:50:12,214 - Well, I suppose my role with DeLorean 1247 00:50:12,218 --> 00:50:15,176 was to keep him under control. 1248 00:50:15,179 --> 00:50:18,637 The Labor government had started off the DeLorean business. 1249 00:50:18,641 --> 00:50:21,929 The Conservative government took a tougher line 1250 00:50:21,936 --> 00:50:26,521 towards subsidies for Northern Ireland, for DeLorean. 1251 00:50:26,524 --> 00:50:28,685 DeLorean wanted another $76 million 1252 00:50:28,692 --> 00:50:30,102 from the British. 1253 00:50:30,110 --> 00:50:32,442 If not, he said, "There would be layoffs." 1254 00:50:32,446 --> 00:50:35,028 - I don't care about the British taxpayers' money 1255 00:50:35,032 --> 00:50:35,862 or my own money. 1256 00:50:35,866 --> 00:50:37,072 I think the most important thing 1257 00:50:37,076 --> 00:50:38,987 is we have some people there. 1258 00:50:38,994 --> 00:50:41,610 This is a very, very important part of their life, 1259 00:50:41,622 --> 00:50:43,328 and nothing in the world 1260 00:50:43,332 --> 00:50:45,243 should be permitted to interfere with it. 1261 00:50:45,251 --> 00:50:48,118 - John overestimated the fact 1262 00:50:48,128 --> 00:50:51,211 that we had created jobs 1263 00:50:51,215 --> 00:50:54,207 and that it was the jobs that would secure 1264 00:50:55,427 --> 00:50:58,339 even more money to keep us alive. 1265 00:50:58,347 --> 00:51:01,089 That was not the way Margaret Thatcher saw it. 1266 00:51:01,100 --> 00:51:03,341 - She genuinely took the view 1267 00:51:03,352 --> 00:51:04,592 that we couldn't go on 1268 00:51:04,603 --> 00:51:06,889 pouring a lot of money after bad, 1269 00:51:07,856 --> 00:51:09,471 and in the end, we had to say no. 1270 00:51:10,943 --> 00:51:12,149 - The result? 1271 00:51:12,152 --> 00:51:13,437 We ran out of cash. 1272 00:51:14,446 --> 00:51:17,529 Therefore, we were heading for insolvency, 1273 00:51:18,492 --> 00:51:19,902 and that's at the point 1274 00:51:19,910 --> 00:51:22,367 when things got very serious indeed. 1275 00:51:26,041 --> 00:51:27,747 We have a group right now 1276 00:51:27,751 --> 00:51:28,911 that has got the ability 1277 00:51:28,919 --> 00:51:32,252 to come up with for sure 30 million 1278 00:51:32,256 --> 00:51:33,962 and upwards of there. 1279 00:51:35,718 --> 00:51:37,879 - And during this whole process, 1280 00:51:37,886 --> 00:51:40,252 John's back was really up against the wall. 1281 00:51:40,264 --> 00:51:41,424 He had to figure out a way 1282 00:51:41,432 --> 00:51:42,888 to pay some of the money back 1283 00:51:42,891 --> 00:51:43,721 to the British government 1284 00:51:43,726 --> 00:51:45,387 as well as present to them 1285 00:51:45,394 --> 00:51:47,885 a feasible way to keep the company open 1286 00:51:47,896 --> 00:51:49,386 and make it profitable, 1287 00:51:49,398 --> 00:51:50,888 or else they were threatening 1288 00:51:53,402 --> 00:51:54,812 liquidate the assets, 1289 00:51:54,820 --> 00:51:56,606 and everyone was gonna be out of a job. 1290 00:51:56,614 --> 00:51:58,195 Today DeLorean said he is looking 1291 00:51:58,198 --> 00:51:59,608 for outside financing. 1292 00:51:59,617 --> 00:52:01,448 All I want to do is keep the factory open 1293 00:52:01,452 --> 00:52:03,363 so that people can work, nothing else. 1294 00:52:03,370 --> 00:52:05,110 You last said that you'd keep the factory open 1295 00:52:05,122 --> 00:52:06,487 if it was your last breath. 1296 00:52:06,498 --> 00:52:07,704 Do you still stand by that? 1297 00:52:07,708 --> 00:52:08,868 I'm still trying. 1298 00:52:08,876 --> 00:52:10,958 - During the months of sort of August, September, 1299 00:52:10,961 --> 00:52:15,204 we'd had periodic contact with John DeLorean. 1300 00:52:15,215 --> 00:52:19,959 He on a regular basis was coming up with potential funders. 1301 00:52:19,970 --> 00:52:21,255 It's been a lot of time and effort, 1302 00:52:21,263 --> 00:52:22,378 but I think we're now just 1303 00:52:22,389 --> 00:52:27,099 starting out on a very successful relationship. 1304 00:52:27,102 --> 00:52:27,932 Oh, I think so, too. 1305 00:52:27,936 --> 00:52:29,426 It just took a while to put it together, 1306 00:52:29,438 --> 00:52:30,268 and that's all. 1307 00:52:30,272 --> 00:52:34,015 - The workers and the people closest to him at DMC 1308 00:52:34,026 --> 00:52:34,856 were being told, 1309 00:52:34,860 --> 00:52:36,725 "Hey, listen, everything's gonna be fine. 1310 00:52:36,737 --> 00:52:39,649 "I definitely have the sources coming through." 1311 00:52:39,657 --> 00:52:42,899 - And we were still at the stage 1312 00:52:42,910 --> 00:52:45,151 where we were hoping and hoping 1313 00:52:45,162 --> 00:52:46,993 that it would go all right. 1314 00:52:46,997 --> 00:52:48,737 In terms of having that, 1315 00:52:48,749 --> 00:52:50,364 the first 10 million, 1316 00:52:50,376 --> 00:52:53,493 it sounds like that's gonna be Tuesday, right? 1317 00:52:53,504 --> 00:52:54,584 I would say I should be able 1318 00:52:54,588 --> 00:52:56,374 to get that going very quick. 1319 00:52:56,382 --> 00:52:58,168 The impression we got at that time 1320 00:52:58,175 --> 00:52:59,164 was that John had pretty well 1321 00:52:59,176 --> 00:53:04,091 gotten the money by the 17th of October, 1982. 1322 00:53:26,704 --> 00:53:27,489 - Hello? 1323 00:53:31,542 --> 00:53:32,327 What? 1324 00:53:41,552 --> 00:53:44,259 What are you talking about? 1325 00:53:44,263 --> 00:53:48,256 - We were in the city in the apartment at 8:34. 1326 00:53:49,727 --> 00:53:50,682 The phone rings. 1327 00:53:52,187 --> 00:53:53,302 Mom, who was that? 1328 00:53:54,606 --> 00:53:58,144 And one phone call, 1329 00:53:59,611 --> 00:54:01,397 my life changed forever. 1330 00:54:02,489 --> 00:54:04,354 John DeLorean was arrested yesterday 1331 00:54:04,366 --> 00:54:06,527 after he met with undercover drug agents 1332 00:54:06,535 --> 00:54:07,866 who DeLorean apparently thought 1333 00:54:07,870 --> 00:54:08,825 were going to help him make 1334 00:54:08,829 --> 00:54:11,195 a huge profit in a cocaine deal 1335 00:54:11,206 --> 00:54:13,868 involving more than 100 kilos of cocaine. 1336 00:54:13,876 --> 00:54:16,037 DeLorean's wife, Cristina Ferrare, 1337 00:54:16,044 --> 00:54:17,079 an actress and model, 1338 00:54:17,087 --> 00:54:19,294 arrived in Los Angeles early this morning. 1339 00:54:19,298 --> 00:54:20,128 - Wait a minute. 1340 00:54:20,132 --> 00:54:21,167 Wait a minute. 1341 00:54:21,175 --> 00:54:23,211 I just found out a few hours ago. 1342 00:54:23,218 --> 00:54:24,333 I know nothing. 1343 00:54:24,344 --> 00:54:25,504 I caught a plane. 1344 00:54:25,512 --> 00:54:26,342 I'm here. 1345 00:54:26,346 --> 00:54:27,176 I'm-- 1346 00:54:27,181 --> 00:54:28,671 - Everybody was in total shock. 1347 00:54:28,682 --> 00:54:31,549 Nowhere in our wildest dreams did we think 1348 00:54:31,560 --> 00:54:33,346 anything like this would occur. 1349 00:54:33,353 --> 00:54:35,218 John DeLorean may be the perfect proof 1350 00:54:35,230 --> 00:54:36,185 of the old saying, 1351 00:54:36,190 --> 00:54:37,270 "The bigger they come, 1352 00:54:37,274 --> 00:54:38,764 "the harder they fall," 1353 00:54:38,776 --> 00:54:39,606 and we might add, 1354 00:54:39,610 --> 00:54:41,692 "the more people want to hear about it." 1355 00:54:41,695 --> 00:54:42,901 - It was just disbelief, 1356 00:54:44,448 --> 00:54:47,440 and then the news just progressively 1357 00:54:47,451 --> 00:54:48,816 got worse and worse and worse. 1358 00:54:48,827 --> 00:54:52,615 - He was expressing an interest in financing 1359 00:54:52,623 --> 00:54:54,284 some type of operation 1360 00:54:54,291 --> 00:54:58,125 that would produce quickly large sums of money 1361 00:54:58,128 --> 00:55:00,369 on return from the investment. 1362 00:55:00,380 --> 00:55:03,713 - I was shocked out of my socks 1363 00:55:04,676 --> 00:55:07,884 to see him there in this position that, 1364 00:55:07,888 --> 00:55:09,549 I'd never seen him in anything 1365 00:55:09,556 --> 00:55:12,298 except being pretty much on top of the world. 1366 00:55:12,309 --> 00:55:14,015 - The sensational case involves 1367 00:55:14,019 --> 00:55:16,351 more than 200 pounds of cocaine, 1368 00:55:16,355 --> 00:55:18,346 an elaborate undercover investigation, 1369 00:55:18,357 --> 00:55:20,348 the end of the DeLorean car, 1370 00:55:20,359 --> 00:55:21,895 and much, much more. 1371 00:55:28,116 --> 00:55:30,858 - It's been said, it's a cliche now, 1372 00:55:30,869 --> 00:55:33,736 that the dream had turned into a nightmare. 1373 00:55:34,998 --> 00:55:36,954 Could you imagine how we felt 1374 00:55:36,959 --> 00:55:38,824 seeing John DeLorean, 1375 00:55:38,836 --> 00:55:42,124 our angel, I feel like? 1376 00:55:42,130 --> 00:55:43,870 There he was going away, 1377 00:55:43,882 --> 00:55:46,498 and everybody was downtrodden 1378 00:55:46,510 --> 00:55:50,799 because we felt sure that he had done so much. 1379 00:55:50,806 --> 00:55:52,671 He'd come through again, 1380 00:55:52,683 --> 00:55:55,516 but this time, unfortunately, he didn't. 1381 00:55:57,020 --> 00:55:58,055 Well, you're walking out of the plant 1382 00:55:58,063 --> 00:55:58,893 for the last time today. 1383 00:55:58,897 --> 00:55:59,727 How do you feel about it? 1384 00:55:59,731 --> 00:56:00,561 - We got nothing. 1385 00:56:00,566 --> 00:56:01,976 - Pretty upset. 1386 00:56:01,984 --> 00:56:03,474 What're your chances of getting another job now? 1387 00:56:03,485 --> 00:56:04,395 - None at all. 1388 00:56:04,403 --> 00:56:05,643 Not very good at all. 1389 00:56:05,654 --> 00:56:07,986 - I had to go into the plant that morning, 1390 00:56:07,990 --> 00:56:09,571 call the people together. 1391 00:56:09,575 --> 00:56:11,782 They'd all heard the same thing, of course, 1392 00:56:12,828 --> 00:56:14,693 and it really was the end. 1393 00:56:15,998 --> 00:56:18,535 - I was going around with a auctioneer, 1394 00:56:18,542 --> 00:56:21,158 and he was putting tags 1395 00:56:21,169 --> 00:56:22,534 on every piece of equipment, 1396 00:56:24,047 --> 00:56:25,332 and that was my last day. 1397 00:56:27,759 --> 00:56:29,795 - The expectation of everybody 1398 00:56:29,803 --> 00:56:31,339 working their hearts out over there 1399 00:56:31,346 --> 00:56:33,678 to get these cars built to a good standard, 1400 00:56:33,682 --> 00:56:37,095 and they felt it was gonna be their life, 1401 00:56:39,187 --> 00:56:40,017 and it all fell apart, 1402 00:56:40,022 --> 00:56:41,762 and it was incredibly sad. 1403 00:56:45,277 --> 00:56:47,017 - I meet up with people now and then 1404 00:56:47,029 --> 00:56:51,068 that either they worked there 1405 00:56:51,074 --> 00:56:52,063 or their dad worked there 1406 00:56:52,075 --> 00:56:54,191 or their granddad worked there, 1407 00:56:54,202 --> 00:56:55,317 and you get the same questions. 1408 00:56:55,329 --> 00:56:56,159 "What was it really like?" 1409 00:56:56,163 --> 00:56:59,405 It was the best job that we ever had, 1410 00:56:59,416 --> 00:57:01,407 and it was the worst day of their lives 1411 00:57:01,418 --> 00:57:03,204 when it finally closed. 1412 00:57:08,175 --> 00:57:09,915 After entering a plea of not guilty 1413 00:57:09,927 --> 00:57:12,009 to all nine drug charges against him, 1414 00:57:12,012 --> 00:57:14,003 John DeLorean came out of the federal courthouse 1415 00:57:14,014 --> 00:57:15,720 in Los Angeles with his wife, 1416 00:57:15,724 --> 00:57:17,339 model Cristina Ferrare, 1417 00:57:17,351 --> 00:57:18,386 and the four lawyers 1418 00:57:18,393 --> 00:57:20,258 who are now putting together his defense. 1419 00:57:20,270 --> 00:57:22,056 DeLorean said nothing today, 1420 00:57:22,064 --> 00:57:23,725 but he is reported to have told his lawyers 1421 00:57:23,732 --> 00:57:25,848 he was desperate to save his company. 1422 00:57:25,859 --> 00:57:27,565 DeLorean's lawyers are preparing to argue 1423 00:57:27,569 --> 00:57:30,060 the government entrapped DeLorean. 1424 00:57:30,072 --> 00:57:30,982 Give him some room, guys. 1425 00:57:30,989 --> 00:57:31,819 Give him some room. 1426 00:57:31,823 --> 00:57:32,653 Come on. 1427 00:57:32,658 --> 00:57:35,616 - It was the case of the century for that year 1428 00:57:36,536 --> 00:57:38,492 'cause every year has a case of the century, 1429 00:57:38,497 --> 00:57:40,283 trial of the century, 1430 00:57:40,290 --> 00:57:43,874 so we were the trial of the century for 1984. 1431 00:57:43,877 --> 00:57:45,663 The sidewalks in front of the courthouse 1432 00:57:45,671 --> 00:57:47,161 will be jammed with reporters 1433 00:57:47,172 --> 00:57:49,379 and camera crews from all over the world. 1434 00:57:49,383 --> 00:57:50,964 - Unless you were there and you lived it, 1435 00:57:50,968 --> 00:57:52,833 you don't know how captivating 1436 00:57:52,844 --> 00:57:55,085 it was for the nation. 1437 00:57:55,097 --> 00:57:56,428 A young entrepreneur started 1438 00:57:56,431 --> 00:57:58,217 hanging around the courthouse steps today 1439 00:57:58,225 --> 00:57:59,681 hawking buttons that say, 1440 00:57:59,685 --> 00:58:02,176 "John 2. DeLorean Cocaine Trafficking Trial, 1441 00:58:02,187 --> 00:58:03,893 "Los Angeles, '84." 1442 00:58:03,897 --> 00:58:08,391 - Our public views these as if it's a bad guy, 1443 00:58:08,402 --> 00:58:11,144 get them, and if it's not a bad guy, 1444 00:58:11,154 --> 00:58:12,064 get the government. 1445 00:58:12,072 --> 00:58:14,859 It's all really kind of entertainment to the public. 1446 00:58:14,866 --> 00:58:17,824 - John DeLorean had some bad news today. 1447 00:58:18,954 --> 00:58:21,912 The Automobile Association named him dealer of the year. 1448 00:58:25,252 --> 00:58:26,742 - A businessman down on his luck 1449 00:58:26,753 --> 00:58:28,618 tries to make money in a dope deal. 1450 00:58:28,630 --> 00:58:32,589 I mean, that's the John DeLorean that I knew. 1451 00:58:32,592 --> 00:58:33,422 Okay, you know how-- 1452 00:58:33,427 --> 00:58:35,668 The case was of overwhelming strength. 1453 00:58:36,513 --> 00:58:38,219 Here's the cocaine, 1454 00:58:38,223 --> 00:58:39,963 and here's your target, 1455 00:58:39,975 --> 00:58:43,467 and he's holding up a glass of champagne, toasting. 1456 00:58:44,563 --> 00:58:46,303 - To a lot of success for everybody. 1457 00:58:46,314 --> 00:58:48,805 - And says that this is better than, 1458 00:58:48,817 --> 00:58:49,647 what was it? 1459 00:58:49,651 --> 00:58:51,437 Better than something. 1460 00:58:51,445 --> 00:58:52,480 - Is it better than gold? 1461 00:58:53,321 --> 00:58:55,812 Gold weighs more than that, for God's sakes. 1462 00:58:55,824 --> 00:58:58,406 - Everybody believed that the events 1463 00:58:58,410 --> 00:59:00,241 were showing John DeLorean 1464 00:59:00,245 --> 00:59:02,406 in the middle of a drug deal. 1465 00:59:02,414 --> 00:59:03,745 One of the things I asked 1466 00:59:03,749 --> 00:59:05,705 the jurors very early on was, 1467 00:59:05,709 --> 00:59:07,870 would it surprise you if I told you 1468 00:59:07,878 --> 00:59:09,789 you weren't seeing a drug deal? 1469 00:59:09,796 --> 00:59:12,583 And just hang on and watch the whole movie, 1470 00:59:12,591 --> 00:59:14,206 and at the end, 1471 00:59:14,217 --> 00:59:17,880 you're gonna see it isn't what it appeared to be, 1472 00:59:17,888 --> 00:59:20,004 a real thriller, of course, 1473 00:59:20,015 --> 00:59:21,300 which it turned out to be. 1474 00:59:28,982 --> 00:59:33,851 - The case starts with a guy named James Hoffman. 1475 00:59:33,862 --> 00:59:36,399 He was the informant. 1476 00:59:36,406 --> 00:59:40,570 He was somebody who had been a major narcotics trafficker 1477 00:59:40,577 --> 00:59:44,069 who had the bad luck of being caught, 1478 00:59:44,081 --> 00:59:46,572 and he decided to cooperate. 1479 00:59:46,583 --> 00:59:47,493 Valestra. 1480 00:59:47,501 --> 00:59:48,866 - Mr. Valestra. 1481 00:59:48,877 --> 00:59:51,414 It's Jim Hoffman, your favorite CI. 1482 00:59:51,421 --> 00:59:52,251 Uh huh. 1483 00:59:52,255 --> 00:59:54,496 - You're not gonna believe who I had a call with. 1484 00:59:56,051 --> 00:59:58,212 John DeLorean. 1485 00:59:58,220 --> 01:00:00,552 - When I got the call from the CI, 1486 01:00:02,849 --> 01:00:04,305 who's a neighbor of his. 1487 01:00:04,309 --> 01:00:07,176 - We were neighbors out here in California. 1488 01:00:08,271 --> 01:00:10,227 I was across from his ranch in Pauma Valley-- 1489 01:00:10,232 --> 01:00:11,642 - He says to me, the CI, 1490 01:00:11,650 --> 01:00:13,356 that John needs some money, 1491 01:00:14,569 --> 01:00:17,026 and the inference of drugs was right there. 1492 01:00:17,030 --> 01:00:18,736 You seen the kind of dire straits 1493 01:00:18,740 --> 01:00:20,230 his company's in right now. 1494 01:00:20,242 --> 01:00:21,072 Uh huh. 1495 01:00:21,076 --> 01:00:22,816 - He needs cash bad, 1496 01:00:22,828 --> 01:00:25,114 and he doesn't care where it comes from. 1497 01:00:26,373 --> 01:00:28,034 He's gonna be back in Pauma Valley 1498 01:00:28,041 --> 01:00:29,281 at his ranch next week. 1499 01:00:29,292 --> 01:00:30,407 He wants to meet me. 1500 01:00:30,418 --> 01:00:31,703 We've already set it up. 1501 01:00:31,711 --> 01:00:33,042 Seriously, Jim? 1502 01:00:33,046 --> 01:00:34,252 You're kidding me. 1503 01:00:34,256 --> 01:00:36,212 - My hand to God. 1504 01:00:36,216 --> 01:00:37,046 This is happening. 1505 01:00:37,050 --> 01:00:39,837 - I said, well, see what he's got to say. 1506 01:00:39,845 --> 01:00:40,675 Go ahead. 1507 01:00:40,679 --> 01:00:41,589 See what he has to say. 1508 01:00:41,596 --> 01:00:43,587 - Have I ever done you guys wrong before? 1509 01:00:44,558 --> 01:00:46,014 I'll be in touch. 1510 01:00:47,352 --> 01:00:48,888 Bring to the attention of. 1511 01:00:48,895 --> 01:00:51,511 So at this point, it's 1982. 1512 01:00:51,523 --> 01:00:54,014 Reagan's just announced the war on drugs. 1513 01:00:54,025 --> 01:00:55,686 - Together in a comprehensive attack 1514 01:00:55,694 --> 01:00:58,151 on drug trafficking and organized crime. 1515 01:00:58,155 --> 01:00:59,395 In this time period, 1516 01:00:59,406 --> 01:01:02,193 a confidential informant like James Hoffman 1517 01:01:02,200 --> 01:01:03,861 can actually make a living 1518 01:01:03,869 --> 01:01:06,952 by introducing the DEA to high level criminals. 1519 01:01:06,955 --> 01:01:07,865 - John. 1520 01:01:09,082 --> 01:01:09,946 John, great to see you. 1521 01:01:09,958 --> 01:01:11,949 - You too, Jim, been a while. 1522 01:01:11,960 --> 01:01:13,200 And in this case, 1523 01:01:13,211 --> 01:01:16,078 it's the perfect storm for John DeLorean. 1524 01:01:16,089 --> 01:01:18,501 - Bring problems in these areas to my attention. 1525 01:01:18,508 --> 01:01:20,999 - When Jim first approached John, 1526 01:01:21,011 --> 01:01:23,593 it seemed like a very farfetched idea 1527 01:01:23,597 --> 01:01:25,758 that he'd be actually able to help John out. 1528 01:01:25,765 --> 01:01:26,800 - These investors-- 1529 01:01:26,808 --> 01:01:29,220 But Jim was throwing out some numbers 1530 01:01:29,227 --> 01:01:31,513 that seemed very alluring to John. 1531 01:01:31,521 --> 01:01:34,058 - 10, 20, 50 million. 1532 01:01:35,275 --> 01:01:36,856 - I thought your investors might like 1533 01:01:36,860 --> 01:01:39,146 to see these brochures that we have made up 1534 01:01:39,154 --> 01:01:41,566 that really can show you how we're all set to-- 1535 01:01:41,573 --> 01:01:43,063 - Yeah, there's no need. 1536 01:01:44,034 --> 01:01:45,524 They're not exactly the kind of guys 1537 01:01:45,535 --> 01:01:48,868 that get hung up on paperwork, you know? 1538 01:01:48,872 --> 01:01:50,282 They're Colombian. 1539 01:01:52,751 --> 01:01:54,742 - They in the coffee business? 1540 01:01:54,753 --> 01:01:55,742 - You might say that. 1541 01:01:57,130 --> 01:02:01,999 - They met, and the first conversation was not recorded, 1542 01:02:02,010 --> 01:02:03,841 so we don't really know what was said. 1543 01:02:04,971 --> 01:02:08,008 - And it was when Hoffman then met with DeLorean. 1544 01:02:08,016 --> 01:02:10,974 At that point, Hoffman comes back to Valestra, 1545 01:02:10,977 --> 01:02:13,719 and says, "Yeah, he wants to talk dope." 1546 01:02:13,730 --> 01:02:14,560 - I say, really? 1547 01:02:14,564 --> 01:02:16,805 I mean, well, if he said that, 1548 01:02:16,816 --> 01:02:20,809 we'd better let him say it again somewhere, 1549 01:02:21,947 --> 01:02:23,153 which we did. 1550 01:02:23,949 --> 01:02:24,779 How you doing? 1551 01:02:24,783 --> 01:02:25,613 We're great. 1552 01:02:25,617 --> 01:02:26,447 What am I doing, 1553 01:02:26,451 --> 01:02:27,281 interrupting your lunch? 1554 01:02:27,285 --> 01:02:28,115 No-- 1555 01:02:28,119 --> 01:02:28,949 And on September 4th, 1556 01:02:28,954 --> 01:02:31,411 the meeting at the Lafont Plaza takes place. 1557 01:02:31,414 --> 01:02:33,154 That's a one on one meeting 1558 01:02:33,166 --> 01:02:35,578 with the CI and John. 1559 01:02:35,585 --> 01:02:36,415 - There aren't many people 1560 01:02:36,419 --> 01:02:38,284 that can pick up the phone 1561 01:02:38,296 --> 01:02:40,287 and get $30 million in three or four days 1562 01:02:40,298 --> 01:02:41,253 without a lot of hassle. 1563 01:02:41,258 --> 01:02:42,589 I can't think of any, 1564 01:02:42,592 --> 01:02:43,672 to be honest with you. 1565 01:02:43,677 --> 01:02:44,587 - That's right. 1566 01:02:44,594 --> 01:02:47,506 - That video, that's pretty explicit stuff. 1567 01:02:48,848 --> 01:02:50,759 The CI writes it all out, 1568 01:02:50,767 --> 01:02:53,725 and the scenarios are right there on the paper. 1569 01:02:53,728 --> 01:02:55,264 So we can take 34 kilos. 1570 01:02:57,524 --> 01:02:59,310 When you initially asked me what it would take, 1571 01:02:59,317 --> 01:03:02,275 and I said, well, about 1.75 to two, 1572 01:03:05,740 --> 01:03:07,696 here this would be coming, 1573 01:03:07,701 --> 01:03:11,740 so you're really gonna receive 40-- 1574 01:03:11,746 --> 01:03:12,906 - During this period of time, 1575 01:03:12,914 --> 01:03:17,874 John now is supposed to come up with the 1.8 mil. 1576 01:03:18,336 --> 01:03:20,292 That was where it was left, 1577 01:03:20,297 --> 01:03:22,288 so he'd have to put some skin in the game. 1578 01:03:22,299 --> 01:03:25,757 - Nobody wants you to do something 1579 01:03:27,345 --> 01:03:30,132 that you're uncomfortable with. 1580 01:03:30,140 --> 01:03:32,847 - I'm relying on you saying 1581 01:03:32,851 --> 01:03:34,762 that there is no way to connect me 1582 01:03:34,769 --> 01:03:37,135 to this at the end. 1583 01:03:37,147 --> 01:03:37,977 That's why-- 1584 01:03:37,981 --> 01:03:39,937 - Well, you're not gonna be handling the product. 1585 01:03:40,775 --> 01:03:42,606 - Government attorneys in the John DeLorean trial 1586 01:03:42,610 --> 01:03:44,146 today introduced a videotape 1587 01:03:47,449 --> 01:03:48,564 The tape was played as part 1588 01:03:48,575 --> 01:03:50,111 of the testimony of James Hoffman, 1589 01:03:50,118 --> 01:03:51,449 a paid undercover informer 1590 01:03:51,453 --> 01:03:54,160 who was the government's key witness against DeLorean. 1591 01:03:54,164 --> 01:03:56,826 Defense attorneys describe the meeting in Washington, D.C., 1592 01:03:56,833 --> 01:03:59,245 between John DeLorean and the undercover informant 1593 01:03:59,252 --> 01:04:00,662 as a clever lure, 1594 01:04:00,670 --> 01:04:02,285 and as for DeLorean's participation 1595 01:04:02,297 --> 01:04:03,286 in that discussion, 1596 01:04:03,298 --> 01:04:04,504 the defense team says, 1597 01:04:04,507 --> 01:04:06,498 "There's no harm in listening to someone else 1598 01:04:13,725 --> 01:04:16,057 - For three months during the trial, 1599 01:04:16,061 --> 01:04:18,393 we moved to my grandmother's, 1600 01:04:18,396 --> 01:04:21,263 grandfather's house in Brentwood. 1601 01:04:21,274 --> 01:04:23,390 I play it all out in my head all the time. 1602 01:04:23,401 --> 01:04:24,641 Something will come up, 1603 01:04:24,652 --> 01:04:26,062 and I'll start thinking about stuff, 1604 01:04:26,071 --> 01:04:28,904 and it'll spark a memory 1605 01:04:28,907 --> 01:04:29,896 or trigger something. 1606 01:04:31,034 --> 01:04:33,150 - Guys, no matter what happens, 1607 01:04:33,161 --> 01:04:35,402 hey, we're gonna be fine. 1608 01:04:35,413 --> 01:04:36,744 Everything's gonna be fine. 1609 01:04:40,835 --> 01:04:42,871 - My father was looking at hard core time, 1610 01:04:44,214 --> 01:04:45,124 and to my parents' credit, 1611 01:04:45,131 --> 01:04:46,337 they did what they could 1612 01:04:46,341 --> 01:04:49,925 to make it as best a situation as they could. 1613 01:04:51,346 --> 01:04:52,631 How the fuck do you tell your kid 1614 01:04:52,639 --> 01:04:54,721 that shit ain't okay? 1615 01:04:56,518 --> 01:04:57,928 - He just asked me if we're 1616 01:04:57,936 --> 01:05:00,097 both coming back from court or-- 1617 01:05:00,105 --> 01:05:02,187 - I am not going away for this. 1618 01:05:02,190 --> 01:05:04,181 The jury will see how asinine 1619 01:05:04,192 --> 01:05:05,056 this whole thing is 1620 01:05:05,068 --> 01:05:07,935 and how they set up an innocent man, for God's sakes. 1621 01:05:10,949 --> 01:05:12,359 What do you think about this tie? 1622 01:05:14,619 --> 01:05:15,404 - It's fine. 1623 01:05:16,538 --> 01:05:17,368 - You're sure the brown works? 1624 01:05:17,372 --> 01:05:18,612 I mean, I had a blue one on 1625 01:05:18,623 --> 01:05:19,658 when they snapped this picture, 1626 01:05:19,666 --> 01:05:20,576 but they can't tell 1627 01:05:20,583 --> 01:05:22,073 'cause it's in black and white. 1628 01:05:23,002 --> 01:05:23,957 - Either way. 1629 01:05:23,962 --> 01:05:25,827 - I don't want it to read black. 1630 01:05:25,839 --> 01:05:28,251 I mean, I don't want to send the wrong message. 1631 01:05:28,258 --> 01:05:29,589 - To who, the judge? 1632 01:05:29,592 --> 01:05:30,422 - No, to everyone. 1633 01:05:30,427 --> 01:05:31,712 Next time they snap my picture, 1634 01:05:31,719 --> 01:05:33,084 it could be a magazine cover. 1635 01:05:33,096 --> 01:05:34,757 - John, either one works fine. 1636 01:05:34,764 --> 01:05:36,504 - 'Cause it'll be in color if it's a magazine. 1637 01:05:36,516 --> 01:05:38,052 - Hey. 1638 01:05:38,059 --> 01:05:39,765 You have to talk to the children. 1639 01:05:49,237 --> 01:05:51,478 - Kathryn, come and give Mommy a hug, sweetie. 1640 01:05:51,489 --> 01:05:52,649 She seems pretty upset. 1641 01:05:56,744 --> 01:05:59,156 Zach, I know you're worried, 1642 01:05:59,164 --> 01:05:59,994 but I need you pulling 1643 01:05:59,998 --> 01:06:02,535 for your old man to win this thing all right? 1644 01:06:02,542 --> 01:06:04,533 - I just want to go back to New Jersey. 1645 01:06:04,544 --> 01:06:05,784 - So do I, and we will 1646 01:06:05,795 --> 01:06:08,036 as soon as this thing is over, all right? 1647 01:06:08,047 --> 01:06:09,082 Zach, look at me. 1648 01:06:10,592 --> 01:06:12,173 Your dad's a winner, right? 1649 01:06:16,848 --> 01:06:18,304 - For me, it's a double edged sword 1650 01:06:18,308 --> 01:06:20,469 that I walk all the time. 1651 01:06:20,477 --> 01:06:22,559 The evidence is there that they set him up, 1652 01:06:25,482 --> 01:06:28,394 but common sense and reality tells me 1653 01:06:28,401 --> 01:06:30,266 that he's not a fucking idiot, 1654 01:06:30,278 --> 01:06:31,518 that he must have known something 1655 01:06:31,529 --> 01:06:33,485 was fucked up at some time. 1656 01:06:33,490 --> 01:06:34,320 - Come here, sweetie. 1657 01:06:34,324 --> 01:06:35,939 I'm gonna wear the blue tie, okay? 1658 01:06:35,950 --> 01:06:36,735 So it's like, you know, 1659 01:06:36,743 --> 01:06:38,108 how the fuck could you put our family 1660 01:06:38,119 --> 01:06:39,325 in jeopardy like that? 1661 01:06:41,080 --> 01:06:43,742 21 days into the John DeLorean cocaine trial, 1662 01:06:43,750 --> 01:06:45,115 Defense Attorney Howard Weitzman says 1663 01:06:45,126 --> 01:06:45,990 there's no question that 1664 01:06:46,002 --> 01:06:48,209 John DeLorean can be seen and heard on tape 1665 01:06:48,213 --> 01:06:49,703 talking about narcotics, 1666 01:06:49,714 --> 01:06:50,749 but he says, "The question is 1667 01:06:50,757 --> 01:06:53,749 "how far can the government go in dangling a lure 1668 01:06:53,760 --> 01:06:55,500 "in front of a desperate man?" 1669 01:06:55,512 --> 01:06:57,844 - When I look back at this case, 1670 01:06:57,847 --> 01:07:00,839 Hoffman had said if you give me a million and a half, 1671 01:07:00,850 --> 01:07:03,387 $2 million, $3 million, 1672 01:07:03,394 --> 01:07:06,261 I can get you 10, 15, $20 million back. 1673 01:07:06,272 --> 01:07:08,058 John didn't have the money, 1674 01:07:08,066 --> 01:07:11,103 and logic would tell you that that's the end 1675 01:07:11,110 --> 01:07:12,350 of the investigation. 1676 01:07:24,999 --> 01:07:26,955 - Are you sure he can't put any cash in? 1677 01:07:28,169 --> 01:07:28,999 - At this point, 1678 01:07:29,003 --> 01:07:32,040 I don't think DeLorean could scrounge 20 Gs, 1679 01:07:32,048 --> 01:07:33,083 let alone two million. 1680 01:07:35,301 --> 01:07:37,508 - Listen, I've been pouring through all these tapes, 1681 01:07:37,512 --> 01:07:39,173 and I just don't think we have him yet. 1682 01:07:40,348 --> 01:07:42,054 - I think he's got it in collateral. 1683 01:07:42,058 --> 01:07:44,765 - Okay, but if collateral's all we get, 1684 01:07:44,769 --> 01:07:46,805 then it's got to equal at least that much, 1685 01:07:48,690 --> 01:07:50,555 and listen to me. 1686 01:07:50,567 --> 01:07:52,728 We have got to get it on tape. 1687 01:07:52,735 --> 01:07:54,271 - This is not my first rodeo, Jerry. 1688 01:07:54,279 --> 01:07:56,440 I know how it works. 1689 01:07:56,447 --> 01:07:57,527 - I'm just saying. 1690 01:07:57,532 --> 01:07:59,272 Until now he's been real careful 1691 01:07:59,284 --> 01:08:02,242 about how he parses all his words, so-- 1692 01:08:03,371 --> 01:08:05,362 - Well, it's different than a phone call now. 1693 01:08:05,373 --> 01:08:07,955 He's about to walk into a real bank. 1694 01:08:07,959 --> 01:08:09,495 He knows your IC is legit, 1695 01:08:09,502 --> 01:08:11,333 so he won't for one second think that I'm not. 1696 01:08:11,337 --> 01:08:12,918 - Still, the more drug references 1697 01:08:12,922 --> 01:08:14,708 you can slip in, the better. 1698 01:08:14,716 --> 01:08:15,796 - We got this, Jerry. 1699 01:08:21,389 --> 01:08:22,504 Throughout the entire thing, 1700 01:08:22,515 --> 01:08:24,631 they had to continue changing the script. 1701 01:08:24,642 --> 01:08:25,552 It wasn't gonna be, 1702 01:08:25,560 --> 01:08:26,891 "Here's the $2 million. 1703 01:08:26,894 --> 01:08:28,134 "Here's the drug money back." 1704 01:08:28,146 --> 01:08:29,477 Boom, you're arrested, 1705 01:08:29,480 --> 01:08:31,687 so then it turned into James Hoffman, 1706 01:08:31,691 --> 01:08:33,272 the CI, convincing him, 1707 01:08:33,276 --> 01:08:35,767 "Hey, I know this crooked banker." 1708 01:08:35,778 --> 01:08:36,893 - Hey, John. 1709 01:08:36,904 --> 01:08:38,235 - Hi, Jim. 1710 01:08:38,239 --> 01:08:39,194 - Great to see you. 1711 01:08:39,198 --> 01:08:40,028 You too. 1712 01:08:40,033 --> 01:08:40,863 - Have you been here in this area before? 1713 01:08:40,867 --> 01:08:42,823 I've been in San Jose, 1714 01:08:42,827 --> 01:08:44,613 and, of course, San Francisco-- 1715 01:08:44,621 --> 01:08:46,862 - The DeLorean case was just one of other cases 1716 01:08:46,873 --> 01:08:48,033 that I was involved in 1717 01:08:48,041 --> 01:08:50,828 from the standpoint of being an undercover operator 1718 01:08:50,835 --> 01:08:51,995 working at a bank, 1719 01:08:52,003 --> 01:08:54,995 so the bank provided the perfect undercover front. 1720 01:08:55,006 --> 01:08:57,873 We finally, shall we say, 1721 01:08:57,884 --> 01:08:59,374 got together after all this time. 1722 01:08:59,385 --> 01:09:01,751 - Yeah, after so many conversations, right? 1723 01:09:01,763 --> 01:09:03,378 - Can I get you a cup of coffee? 1724 01:09:03,389 --> 01:09:04,674 At this point of the story, 1725 01:09:04,682 --> 01:09:07,298 John's not gonna put any actual money into the game. 1726 01:09:07,310 --> 01:09:09,767 He can potentially put up collateral. 1727 01:09:09,771 --> 01:09:13,138 Ben Tisa is the one that's supposed to now set up 1728 01:09:13,149 --> 01:09:15,856 an alternative situation for John. 1729 01:09:15,860 --> 01:09:16,849 - Let me just background 1730 01:09:16,861 --> 01:09:17,976 what I intend now, 1731 01:09:17,987 --> 01:09:19,648 the background on the individual I had in mind, 1732 01:09:19,656 --> 01:09:21,942 and how I think it may help you, 1733 01:09:21,949 --> 01:09:25,066 and this other transaction. 1734 01:09:25,078 --> 01:09:27,569 We had a particular suspect. 1735 01:09:27,580 --> 01:09:29,195 His name was Hetrick, 1736 01:09:29,207 --> 01:09:32,699 who was a pilot who flew cocaine in from Colombia. 1737 01:09:32,710 --> 01:09:35,042 This particular individual has been very successful 1738 01:09:35,046 --> 01:09:36,627 in his business, okay? 1739 01:09:36,631 --> 01:09:37,791 So the idea came in. 1740 01:09:37,799 --> 01:09:40,131 Well, maybe the dope dealer would invest 1741 01:09:40,134 --> 01:09:42,671 in John DeLorean's company, 1742 01:09:42,679 --> 01:09:44,840 John DeLorean being told that the money was going to come 1743 01:09:44,847 --> 01:09:46,132 from sale of cocaine. 1744 01:09:46,140 --> 01:09:48,256 And just so the cards are on the table, 1745 01:09:48,267 --> 01:09:50,178 and you know exactly what's going on, 1746 01:09:50,186 --> 01:09:55,146 he's very successful bringing in cocaine and putting it out. 1747 01:09:55,316 --> 01:09:56,476 Would it be possible 1748 01:09:57,944 --> 01:09:59,605 to allow this gentleman to have, 1749 01:09:59,612 --> 01:10:02,775 say, some stock options? 1750 01:10:02,782 --> 01:10:03,612 Here's what I have in mind. 1751 01:10:03,616 --> 01:10:04,446 - Oh, sure. 1752 01:10:04,450 --> 01:10:05,940 I don't think we can do that in our public company, 1753 01:10:05,952 --> 01:10:07,692 but I see no reason why I couldn't do it 1754 01:10:07,704 --> 01:10:09,160 from my private company. 1755 01:10:09,163 --> 01:10:10,323 - Great, that's great. 1756 01:10:10,331 --> 01:10:11,616 That works. 1757 01:10:11,624 --> 01:10:13,239 - In John's mind, 1758 01:10:13,251 --> 01:10:16,118 once again the genius at bending the rules, 1759 01:10:16,129 --> 01:10:17,619 finding the little loophole, 1760 01:10:17,630 --> 01:10:19,291 "Hey, I'll take this money 1761 01:10:19,298 --> 01:10:22,461 "even if it comes from drug folks," 1762 01:10:22,468 --> 01:10:24,379 but it's coming through a legitimate bank. 1763 01:10:24,387 --> 01:10:25,547 Hello, John Delorean. 1764 01:10:25,555 --> 01:10:26,385 This is Morgan Hetrick. 1765 01:10:26,389 --> 01:10:27,754 Hi, Morgan, how you doing? 1766 01:10:27,765 --> 01:10:28,595 Nice to meet you. 1767 01:10:28,599 --> 01:10:29,429 How are you? 1768 01:10:29,434 --> 01:10:30,514 - Enter Morgan Hetrick. 1769 01:10:30,518 --> 01:10:33,100 He was somebody that was flying in hundreds 1770 01:10:33,104 --> 01:10:35,971 and hundreds of pounds of cocaine from South America, 1771 01:10:35,982 --> 01:10:38,439 so the government felt that at that point 1772 01:10:38,443 --> 01:10:40,274 that was the best opportunity 1773 01:10:40,278 --> 01:10:43,941 to bring both John and Hetrick down 1774 01:10:43,948 --> 01:10:46,189 is to merge the cases. 1775 01:10:46,200 --> 01:10:49,237 The government told Hetrick that John 1776 01:10:49,245 --> 01:10:51,156 had put in $2 million 1777 01:10:51,164 --> 01:10:52,028 and that he wanted to do 1778 01:10:52,039 --> 01:10:53,825 this drug deal with Hetrick. 1779 01:10:53,833 --> 01:10:55,243 'Cause he's already given me, I've mentioned. 1780 01:10:55,251 --> 01:10:56,366 I've told him. 1781 01:10:56,377 --> 01:10:57,913 I have the 1.8, and I'm sitting on it, 1782 01:10:57,920 --> 01:11:00,377 and it's cash in hand. 1783 01:11:00,381 --> 01:11:01,336 I have it, 1784 01:11:01,340 --> 01:11:02,796 so there's no problem there. 1785 01:11:02,800 --> 01:11:05,212 - And he was given an opportunity 1786 01:11:05,219 --> 01:11:08,461 to stay in the deal without putting money in, 1787 01:11:08,473 --> 01:11:11,089 and he took it. 1788 01:11:11,100 --> 01:11:12,636 You can't go wrong 1789 01:11:12,643 --> 01:11:14,850 with something you make a lot of money at. 1790 01:11:14,854 --> 01:11:16,310 - Yeah, you can. 1791 01:11:16,314 --> 01:11:19,226 Well, a little bit of common sense 1792 01:11:19,233 --> 01:11:21,474 and you don't get too greedy. 1793 01:11:21,486 --> 01:11:23,101 - There's a risk, reward ratio, 1794 01:11:23,112 --> 01:11:25,068 and that's what you're playing. 1795 01:11:25,072 --> 01:11:26,858 - That's what life is, 1796 01:11:29,160 --> 01:11:31,617 and I think it's a great opportunity for me 1797 01:11:31,621 --> 01:11:32,656 from that standpoint. 1798 01:11:32,663 --> 01:11:34,324 So in terms of the drug case, 1799 01:11:34,332 --> 01:11:36,823 you've got hours of phone conversations, 1800 01:11:36,834 --> 01:11:39,826 hours of videotape showing John 1801 01:11:39,837 --> 01:11:43,580 with these drug dealers and crooked bankers. 1802 01:11:43,591 --> 01:11:44,580 - Is the feed secure? 1803 01:11:46,219 --> 01:11:47,584 - You sure he's not gonna be able to hear anything 1804 01:11:47,595 --> 01:11:48,425 through this wall? 1805 01:11:48,429 --> 01:11:51,387 John still hasn't given the government anything, 1806 01:11:51,390 --> 01:11:53,676 so they have to introduce this new character, 1807 01:11:53,684 --> 01:11:56,300 this sort of mob drug dealer guy. 1808 01:11:56,312 --> 01:11:57,142 - Show time. 1809 01:11:57,146 --> 01:11:59,853 He's really gonna crank the pressure up on John. 1810 01:12:03,444 --> 01:12:04,524 - Thanks again for coming here. 1811 01:12:04,529 --> 01:12:06,394 - Oh, it's my pleasure. 1812 01:12:08,324 --> 01:12:09,530 - You got some food coming, huh? 1813 01:12:09,534 --> 01:12:10,444 - It's coming, Jim. 1814 01:12:10,451 --> 01:12:11,281 It's coming. 1815 01:12:11,285 --> 01:12:12,115 - Okay. 1816 01:12:12,119 --> 01:12:15,156 - When I meet him at the hotel room, 1817 01:12:15,164 --> 01:12:16,199 I would be the one that would 1818 01:12:16,207 --> 01:12:18,573 be handling the drugs. 1819 01:12:19,669 --> 01:12:22,160 All Jim had to do was put it together, 1820 01:12:22,171 --> 01:12:25,709 get a finder's fee, whatever, 1821 01:12:25,716 --> 01:12:26,796 and me and my network 1822 01:12:26,801 --> 01:12:31,761 would be going out to quadruple our investment. 1823 01:12:32,849 --> 01:12:34,714 We're ready to consummate the end of the deal 1824 01:12:34,725 --> 01:12:37,387 where the turnover is for your purposes 1825 01:12:38,771 --> 01:12:39,806 within 48 hours. 1826 01:12:39,814 --> 01:12:40,644 - Great. 1827 01:12:40,648 --> 01:12:43,606 - I'm asking for, what are you putting up? 1828 01:12:43,609 --> 01:12:45,190 There's no more money from you. 1829 01:12:46,070 --> 01:12:48,061 There's no free lunch either. 1830 01:12:48,072 --> 01:12:49,653 You know, there's no free lunches. 1831 01:12:50,658 --> 01:12:54,276 Basically, I want to know what's in it for me. 1832 01:12:55,913 --> 01:12:57,028 At this point of the story, 1833 01:12:57,039 --> 01:12:58,745 each participant in this deal 1834 01:12:58,749 --> 01:13:01,081 is trying to outsmart and outmaneuver 1835 01:13:01,085 --> 01:13:02,791 the other person for their own gain. 1836 01:13:05,756 --> 01:13:08,293 John wants to get money to save his company. 1837 01:13:08,301 --> 01:13:09,461 You've got Jim Hoffman, 1838 01:13:09,468 --> 01:13:10,958 who's leeching off of the government. 1839 01:13:10,970 --> 01:13:14,554 He begins to enjoy this lifestyle of working 1840 01:13:14,557 --> 01:13:15,421 with the feds, 1841 01:13:16,642 --> 01:13:18,052 and then the feds, 1842 01:13:18,060 --> 01:13:20,426 they're trying to have that big, big case 1843 01:13:20,438 --> 01:13:23,100 for Reagan to tout his war on drugs, 1844 01:13:23,107 --> 01:13:25,689 so everyone is hungry for that one thing 1845 01:13:25,693 --> 01:13:27,024 that they want out of this. 1846 01:13:28,571 --> 01:13:31,233 When you analyze a case like this, 1847 01:13:31,240 --> 01:13:35,574 you realize, "Wait, the informant kind of created this 1848 01:13:35,578 --> 01:13:37,409 "with the government working with him, 1849 01:13:37,413 --> 01:13:38,698 "and it didn't work," 1850 01:13:38,706 --> 01:13:42,324 so they went to a savings and loan, legitimate bank, 1851 01:13:42,335 --> 01:13:44,417 got them to let them use the premises, 1852 01:13:44,420 --> 01:13:46,832 you know, like the set in a movie. 1853 01:13:46,839 --> 01:13:50,457 Phase three, they put John together with Morgan Hetrick, 1854 01:13:50,468 --> 01:13:51,958 a legitimate, by legitimate, 1855 01:13:51,969 --> 01:13:54,085 I mean a real smuggler. 1856 01:13:54,096 --> 01:13:57,133 Then they bring in the DEA, 1857 01:13:58,017 --> 01:14:01,009 and John Valestra becomes kind of a mafioso, 1858 01:14:01,979 --> 01:14:03,719 and what they finally came up with 1859 01:14:03,731 --> 01:14:06,097 so John would get his 10, 15, $20 million 1860 01:14:07,109 --> 01:14:09,691 is they got him to put up stock certificates. 1861 01:14:10,863 --> 01:14:12,444 - The stock certificates should be 1862 01:14:12,448 --> 01:14:15,235 in Eureka Federal Savings and Loan 1863 01:14:16,494 --> 01:14:17,700 in a trust account, 1864 01:14:17,703 --> 01:14:19,159 and then eventually, I would see us 1865 01:14:19,163 --> 01:14:20,869 being 50, 50 partners. 1866 01:14:20,873 --> 01:14:23,410 - John with his lawyers, corporate lawyer, 1867 01:14:23,417 --> 01:14:27,501 gives them worthless DeLorean stock 1868 01:14:27,505 --> 01:14:30,793 in a defunct company that had no assets, 1869 01:14:30,800 --> 01:14:31,960 worthless paper, 1870 01:14:33,886 --> 01:14:37,845 and the con was reversed in John's mind, 1871 01:14:37,848 --> 01:14:40,339 so he's putting up zero. 1872 01:14:40,351 --> 01:14:42,182 Mr. Hetrick, the smuggler, 1873 01:14:42,186 --> 01:14:43,767 goes and gets the cocaine, 1874 01:14:43,771 --> 01:14:46,183 and then they call DeLorean. 1875 01:14:46,190 --> 01:14:47,896 - You're still on the East Coast? 1876 01:14:47,900 --> 01:14:48,730 I'm on the East Coast, 1877 01:14:48,734 --> 01:14:50,144 and I can do anything you want. 1878 01:14:51,070 --> 01:14:55,985 - It might be conducive to you being close by 1879 01:14:56,325 --> 01:14:58,361 when this thing goes down so that-- 1880 01:14:58,369 --> 01:14:59,700 - And they say to him, 1881 01:14:59,704 --> 01:15:01,410 "Come to Los Angeles. 1882 01:15:01,414 --> 01:15:03,120 "We have $10 million for you. 1883 01:15:03,124 --> 01:15:04,534 "Come get your money." 1884 01:15:04,542 --> 01:15:08,501 - Maybe we'll pop a bottle of champagne someplace. 1885 01:15:09,463 --> 01:15:10,543 That would be wonderful. 1886 01:15:10,548 --> 01:15:12,163 - And sit back and relax. 1887 01:15:16,512 --> 01:15:18,924 And DeLorean, who can only think about, 1888 01:15:18,931 --> 01:15:20,762 "I got to get the money to the company," 1889 01:15:20,766 --> 01:15:21,596 comes to LA, 1890 01:15:24,270 --> 01:15:26,807 and the government picked him up, 1891 01:15:26,814 --> 01:15:28,645 took him to a hotel room, 1892 01:15:28,649 --> 01:15:31,106 opened a bottle of champagne, 1893 01:15:31,110 --> 01:15:34,227 toasted to their success. 1894 01:15:34,238 --> 01:15:36,229 - Here's to a lot of success for everybody. 1895 01:15:36,240 --> 01:15:37,821 And one of the agents said, 1896 01:15:37,825 --> 01:15:41,317 "Now, John, here's the fruits of our efforts." 1897 01:15:41,328 --> 01:15:44,161 - So, John, what we're talking about, 1898 01:15:44,165 --> 01:15:45,154 what we're talking about, 1899 01:15:45,166 --> 01:15:46,702 it's gonna be like a magic act, John. 1900 01:15:49,670 --> 01:15:51,035 And went to the closet 1901 01:15:51,047 --> 01:15:53,379 and brought out the suitcase of cocaine 1902 01:15:53,382 --> 01:15:54,667 and opened it up. 1903 01:15:54,675 --> 01:15:57,462 - Between this and the other half, 1904 01:15:59,555 --> 01:16:01,136 it's gonna generate about four and a half, 1905 01:16:01,140 --> 01:16:02,801 not less than four and a half mil. 1906 01:16:09,023 --> 01:16:11,059 - This is better than in gold. 1907 01:16:11,067 --> 01:16:13,604 Gold weighs more than that, for God's sakes. 1908 01:16:15,321 --> 01:16:16,527 That's when DeLorean said, 1909 01:16:16,530 --> 01:16:17,360 "This is like gold. 1910 01:16:17,364 --> 01:16:18,444 "This is better than gold." 1911 01:16:18,449 --> 01:16:19,529 - This is better than gold. 1912 01:16:20,493 --> 01:16:23,109 Gold weighs more than that, for God's sakes. 1913 01:16:23,120 --> 01:16:24,860 - Classic line on that tape. 1914 01:16:26,332 --> 01:16:27,117 - Hi, John. 1915 01:16:28,042 --> 01:16:29,953 Jerry West, I'm with the FBI. 1916 01:16:31,212 --> 01:16:33,328 And then he was arrested, 1917 01:16:33,339 --> 01:16:36,877 so he wasn't gonna take the drugs. 1918 01:16:36,884 --> 01:16:38,795 He didn't get the $10 million. 1919 01:16:38,803 --> 01:16:39,633 Will you stand up, sir? 1920 01:16:39,637 --> 01:16:41,173 And he never was supposed to take the drugs. 1921 01:16:41,180 --> 01:16:42,966 He was only supposed to get the money. 1922 01:16:42,973 --> 01:16:43,962 - I don't understand it. 1923 01:16:43,974 --> 01:16:44,929 - Please turn around. 1924 01:16:44,934 --> 01:16:46,390 So why would they bring the drugs out 1925 01:16:46,393 --> 01:16:49,009 and show them to him? 1926 01:16:49,021 --> 01:16:50,477 And the answer is pretty simple. 1927 01:16:50,481 --> 01:16:52,893 Well, if you're dealing with 12 laypeople 1928 01:16:52,900 --> 01:16:54,561 in the jury box, 1929 01:16:54,568 --> 01:16:55,398 you're gonna make them think 1930 01:16:55,402 --> 01:16:57,017 this was all part of the deal. 1931 01:17:03,953 --> 01:17:07,070 - John DeLorean says, "It's all in God's hands." 1932 01:17:07,081 --> 01:17:08,912 That was his reaction today when six men 1933 01:17:08,916 --> 01:17:11,453 and six women began deliberating his case. 1934 01:17:11,460 --> 01:17:13,075 The jurors, who appeared relaxed 1935 01:17:13,087 --> 01:17:14,623 when they arrived for court today, 1936 01:17:14,630 --> 01:17:17,121 began their deliberations shortly before 10:00 a.m. 1937 01:17:17,133 --> 01:17:18,543 Los Angeles time. 1938 01:17:18,551 --> 01:17:21,338 Outside court, John DeLorean's attorney, Howard Weitzman, 1939 01:17:21,345 --> 01:17:23,256 expressed the mood on the defense side. 1940 01:17:23,264 --> 01:17:25,550 - This is a very difficult time 1941 01:17:25,558 --> 01:17:26,798 when a case goes to the jury 1942 01:17:26,809 --> 01:17:29,801 'cause you never really know what they're thinking 1943 01:17:29,812 --> 01:17:31,393 or what they're interested in. 1944 01:17:31,397 --> 01:17:33,729 These are very hard cases, 1945 01:17:33,732 --> 01:17:36,644 and it requires a unanimous verdict. 1946 01:17:36,652 --> 01:17:37,687 If he got convicted, 1947 01:17:37,695 --> 01:17:39,026 he would have received 1948 01:17:39,029 --> 01:17:41,987 a pretty stiff prison sentence for sure, 1949 01:17:41,991 --> 01:17:45,950 and the government was very confident in their case. 1950 01:17:45,953 --> 01:17:47,784 Throughout the case, the DeLorean defense 1951 01:17:47,788 --> 01:17:49,744 has hammered away at the tactics used 1952 01:17:49,748 --> 01:17:52,114 by federal agents in their undercover investigation 1953 01:17:52,126 --> 01:17:53,491 of John DeLorean. 1954 01:17:53,502 --> 01:17:54,867 Weitzman asked for acquittal, 1955 01:17:54,879 --> 01:17:58,212 saying, "The government is in a sense on trial here." 1956 01:17:58,215 --> 01:18:03,300 - We did not believe there was an entrapment defense 1957 01:18:03,304 --> 01:18:04,419 in this case. 1958 01:18:04,430 --> 01:18:06,091 That was a throwaway defense. 1959 01:18:07,141 --> 01:18:08,347 After the long trial, 1960 01:18:08,350 --> 01:18:10,306 DeLorean's lawyer said he'll be stunned 1961 01:18:10,311 --> 01:18:12,222 whichever way the jury votes. 1962 01:18:14,315 --> 01:18:16,397 John, how do you feel? 1963 01:18:16,400 --> 01:18:17,936 - It's in the hands of the Lord. 1964 01:18:37,379 --> 01:18:38,789 - In the matter of the United States 1965 01:18:38,797 --> 01:18:40,753 versus John Z. DeLorean, 1966 01:18:40,758 --> 01:18:42,373 the jury finds the defendant 1967 01:18:44,595 --> 01:18:46,176 not guilty on all eight counts. 1968 01:18:49,725 --> 01:18:52,307 - Praise the Lord. 1969 01:18:55,522 --> 01:18:56,853 Howard. 1970 01:18:56,857 --> 01:18:58,347 Well done, Howard, well done. 1971 01:18:58,359 --> 01:18:59,599 Thank you, thank you. 1972 01:19:33,102 --> 01:19:34,683 - Come on, boys. 1973 01:19:34,687 --> 01:19:35,972 Back up, back up. 1974 01:19:35,980 --> 01:19:37,936 We got a guest. 1975 01:19:37,940 --> 01:19:38,725 Yeah. 1976 01:19:41,318 --> 01:19:42,182 What's up, buddy? 1977 01:19:42,194 --> 01:19:43,354 Ah, fucker. 1978 01:19:43,362 --> 01:19:45,193 Water everywhere. 1979 01:19:45,197 --> 01:19:46,027 Sit. 1980 01:19:46,031 --> 01:19:46,941 You guys gonna chill? 1981 01:19:46,949 --> 01:19:47,734 Sit. 1982 01:19:48,867 --> 01:19:52,451 Yeah, this is where I live. 1983 01:19:54,498 --> 01:19:56,580 It's a shitty little apartment. 1984 01:19:57,543 --> 01:19:59,499 The paint's fucking peeling, 1985 01:19:59,503 --> 01:20:01,289 and if you find my housekeeper, 1986 01:20:01,297 --> 01:20:02,127 tell her she's fired 1987 01:20:02,131 --> 01:20:03,211 'cause she doesn't do a good job 1988 01:20:03,215 --> 01:20:04,455 of cleaning the fucking place, 1989 01:20:04,466 --> 01:20:08,505 but so it's kind of like, 1990 01:20:08,512 --> 01:20:09,877 you guys, I don't know if you've seen 1991 01:20:09,888 --> 01:20:11,594 the apartment or any of that stuff, 1992 01:20:11,598 --> 01:20:14,055 but so when people know who I am 1993 01:20:14,059 --> 01:20:15,174 and who my family is, 1994 01:20:15,185 --> 01:20:16,095 and then they come over, 1995 01:20:16,103 --> 01:20:18,219 they're like, "What the fuck?" 1996 01:20:20,566 --> 01:20:24,184 Even today, I'll see the car going down the street, 1997 01:20:24,194 --> 01:20:25,024 and I'm just like, 1998 01:20:25,029 --> 01:20:26,735 "It's just fucking weird, man." 1999 01:20:27,948 --> 01:20:30,109 For me, there's a lot behind 2000 01:20:30,117 --> 01:20:31,106 the meaning of that car, 2001 01:20:31,118 --> 01:20:33,279 not just my family name on it, 2002 01:20:33,287 --> 01:20:35,653 but what that fucking car did to our family. 2003 01:20:36,915 --> 01:20:38,997 Are you surprised that a feature film 2004 01:20:39,001 --> 01:20:41,743 hasn't been made about your dad and his life? 2005 01:20:41,754 --> 01:20:43,494 - Yeah, yeah. 2006 01:20:43,505 --> 01:20:45,166 I mean, it's got all the good shit in it. 2007 01:20:45,174 --> 01:20:46,129 It's got cocaine. 2008 01:20:46,133 --> 01:20:48,169 It's got fucking hot chicks. 2009 01:20:48,177 --> 01:20:49,337 It's got sports cars. 2010 01:20:49,345 --> 01:20:52,758 It's got fucking war torn, 2011 01:20:52,765 --> 01:20:54,596 bombed out buildings overseas. 2012 01:20:54,600 --> 01:20:57,057 It's got fucking Margaret Thatcher, Ronald Reagan, 2013 01:20:57,061 --> 01:20:58,096 the war on drugs. 2014 01:20:58,103 --> 01:21:00,219 You got FBI agents. 2015 01:21:00,230 --> 01:21:04,894 You got fucking hardcore drug dealers, but, 2016 01:21:08,030 --> 01:21:10,146 my fear with Hollywood 2017 01:21:11,367 --> 01:21:13,232 is they're gonna end it 2018 01:21:13,243 --> 01:21:17,486 with him coming out of the courthouse with Cristina. 2019 01:21:17,498 --> 01:21:18,613 "Whoo hoo, fucking acquittal. 2020 01:21:18,624 --> 01:21:19,488 "Yeah, yeah, yeah." 2021 01:21:19,500 --> 01:21:22,037 Fucking credits, you know? 2022 01:21:22,044 --> 01:21:25,127 While that coming out of the courthouse, 2023 01:21:25,130 --> 01:21:27,416 ticker tape parade shit is real, 2024 01:21:29,176 --> 01:21:30,632 look at what it cost him. 2025 01:21:31,762 --> 01:21:33,673 - The sting operation fell through. 2026 01:21:33,680 --> 01:21:34,635 You were acquitted. 2027 01:21:35,557 --> 01:21:37,297 Your wife Cristina stood by you 2028 01:21:37,309 --> 01:21:39,140 throughout the entire trial, 2029 01:21:39,144 --> 01:21:43,308 and then not but several weeks later, left you. 2030 01:21:43,315 --> 01:21:44,350 - Several days later. 2031 01:21:45,359 --> 01:21:46,189 Ah. 2032 01:21:46,193 --> 01:21:46,978 - You claim to have been shocked 2033 01:21:46,985 --> 01:21:48,941 that your wife Cristina 2034 01:21:48,946 --> 01:21:50,811 announced her intentions to divorce you 2035 01:21:50,823 --> 01:21:52,609 shortly after the trial. 2036 01:21:52,616 --> 01:21:53,981 She appeared on this program, 2037 01:21:53,992 --> 01:21:58,986 spoke of you in most wifely of terms. 2038 01:21:58,997 --> 01:22:00,077 Here's what she said. 2039 01:22:00,082 --> 01:22:01,913 - Can't make a judgment right now. 2040 01:22:01,917 --> 01:22:02,781 It's not fair. 2041 01:22:02,793 --> 01:22:04,374 It's not fair for John, 2042 01:22:04,378 --> 01:22:05,584 and it's not fair for you either 2043 01:22:05,587 --> 01:22:07,828 because if you were in a situation like this 2044 01:22:07,840 --> 01:22:09,250 or any one of your loved ones, 2045 01:22:09,258 --> 01:22:11,749 you will find yourself defending them 2046 01:22:11,760 --> 01:22:13,716 as ardently as I'm doing with John. 2047 01:22:14,930 --> 01:22:16,761 - That must make you feel at the very least 2048 01:22:16,765 --> 01:22:17,925 mixed to see that. 2049 01:22:17,933 --> 01:22:19,093 It makes you cry, does it? 2050 01:22:19,101 --> 01:22:22,093 - Yeah, it's pretty painful. 2051 01:22:22,104 --> 01:22:24,846 - At the time, if I was my mom, 2052 01:22:24,857 --> 01:22:27,473 the carpet just got pulled out from underneath me. 2053 01:22:27,484 --> 01:22:28,769 She's 31 years old, man. 2054 01:22:28,777 --> 01:22:30,187 She's still got another eight, nine, 2055 01:22:30,195 --> 01:22:33,938 10, 12 years of being top dog. 2056 01:22:33,949 --> 01:22:35,314 And that whole fucking career 2057 01:22:35,325 --> 01:22:37,236 pulled out from underneath you. 2058 01:22:37,244 --> 01:22:39,109 - Your whole career has fallen apart. 2059 01:22:39,121 --> 01:22:41,407 - I was at the top of my modeling profession. 2060 01:22:41,415 --> 01:22:43,701 I've been doing it for 20 years. 2061 01:22:43,709 --> 01:22:44,619 The last 15 years, 2062 01:22:44,626 --> 01:22:45,911 I've been at the very top of it, 2063 01:22:45,919 --> 01:22:47,784 commanding top money, 2064 01:22:47,796 --> 01:22:49,286 and this is July, 2065 01:22:49,298 --> 01:22:51,664 and since January I've had one booking, 2066 01:22:51,675 --> 01:22:54,041 and I've made $105, 2067 01:22:54,052 --> 01:22:55,212 and no one will have anything 2068 01:22:55,220 --> 01:22:56,926 to do with me or my name, 2069 01:22:56,930 --> 01:22:57,840 not at all. 2070 01:23:00,100 --> 01:23:03,433 - I try not to ask my mom about my dad, 2071 01:23:03,437 --> 01:23:07,271 not because I think that she doesn't have any good memories. 2072 01:23:07,274 --> 01:23:10,812 More because again I don't want 2073 01:23:10,819 --> 01:23:15,734 to draw up any painful ones. 2074 01:23:15,741 --> 01:23:17,481 It was terrible and tragic 2075 01:23:17,493 --> 01:23:18,858 what she had to go through, 2076 01:23:18,869 --> 01:23:22,862 so she had to do something different with her life. 2077 01:23:22,873 --> 01:23:24,784 She had to leave all that behind. 2078 01:23:24,791 --> 01:23:26,156 Shortly after all of that, 2079 01:23:26,168 --> 01:23:27,783 she had her show, AM LA. 2080 01:23:27,794 --> 01:23:30,285 She defined who she was. 2081 01:23:30,297 --> 01:23:31,377 She rebuilt her life, 2082 01:23:31,381 --> 01:23:33,463 and she rebuilt it in a fantastic way. 2083 01:23:34,343 --> 01:23:35,628 - And credit to her, I get it. 2084 01:23:35,636 --> 01:23:36,546 I understand it, 2085 01:23:36,553 --> 01:23:39,010 that you're trying to keep a roof 2086 01:23:39,014 --> 01:23:43,974 and keep a normal, stable household for your kids. 2087 01:23:46,271 --> 01:23:47,101 Guess what? 2088 01:23:47,105 --> 01:23:48,015 It's fucking gone. 2089 01:23:50,108 --> 01:23:53,396 Stability and sanity left the fucking house 2090 01:23:53,403 --> 01:23:55,610 two years ago when he got arrested. 2091 01:23:58,200 --> 01:24:00,942 - I had to do an art project for school, 2092 01:24:00,953 --> 01:24:03,035 and we had to do appropriation, 2093 01:24:03,038 --> 01:24:06,451 so I appropriated this painting. 2094 01:24:06,458 --> 01:24:11,077 On this side, there's photographs of everything perfect, 2095 01:24:11,088 --> 01:24:13,420 and as it goes on, 2096 01:24:13,423 --> 01:24:17,382 I started to put in the articles 2097 01:24:17,386 --> 01:24:19,422 from this perfect life 2098 01:24:19,429 --> 01:24:21,465 to this destroyed life, 2099 01:24:21,473 --> 01:24:22,553 and on the bumper, it says, 2100 01:24:22,558 --> 01:24:25,220 "Destroy my childhood," for DMC. 2101 01:24:30,607 --> 01:24:32,063 All right, man, you good? 2102 01:24:32,067 --> 01:24:33,227 Yes-- 2103 01:24:33,235 --> 01:24:34,520 We get any last looks on Alec? 2104 01:24:34,528 --> 01:24:35,358 I got some-- 2105 01:24:35,362 --> 01:24:36,192 We're good. 2106 01:24:36,196 --> 01:24:37,026 We're ready to go. 2107 01:24:37,030 --> 01:24:37,860 That's fine. 2108 01:24:37,864 --> 01:24:38,694 Let's go. 2109 01:24:38,699 --> 01:24:39,529 Let's shoot it. 2110 01:24:39,533 --> 01:24:43,867 - I'd love to figure out, what's the actual turning point? 2111 01:24:43,870 --> 01:24:45,610 When does DeLorean get to a point 2112 01:24:45,622 --> 01:24:47,112 where he could have turned back 2113 01:24:48,333 --> 01:24:50,870 and maybe avoided everything? 2114 01:24:50,877 --> 01:24:54,665 And whether he went on to complete the car project or not, 2115 01:24:54,673 --> 01:24:57,210 he would have lived to fight another battle 2116 01:24:57,217 --> 01:25:00,880 or try another iteration of all that 2117 01:25:00,887 --> 01:25:01,876 and probably succeeded 2118 01:25:01,888 --> 01:25:03,549 'cause he's a very clever guy. 2119 01:25:03,557 --> 01:25:07,641 What's that moment where you sit there and go too late? 2120 01:25:07,644 --> 01:25:09,100 Is it the cocaine deal itself? 2121 01:25:09,104 --> 01:25:11,311 Is it before that? 2122 01:25:11,315 --> 01:25:12,805 Is it a series of things? 2123 01:25:12,816 --> 01:25:16,058 Is it a period of time where he's doing a few things? 2124 01:25:16,069 --> 01:25:19,812 When does John put in all the chips on the table, 2125 01:25:19,823 --> 01:25:21,529 and he loses? 2126 01:25:28,165 --> 01:25:31,157 - I saw the drug trial as a sideshow. 2127 01:25:31,168 --> 01:25:35,707 To me, much more substantial was how DeLorean 2128 01:25:35,714 --> 01:25:37,454 was handling the money 2129 01:25:37,466 --> 01:25:38,672 that he had gotten to build 2130 01:25:38,675 --> 01:25:40,586 the car in Northern Ireland. 2131 01:25:42,721 --> 01:25:45,007 - Every piece of paper tells a story 2132 01:25:45,015 --> 01:25:46,095 of what people were doing 2133 01:25:46,099 --> 01:25:47,259 and how they were doing it. 2134 01:25:47,267 --> 01:25:48,757 Well, this transaction happened 2135 01:25:48,769 --> 01:25:50,259 before this transaction, 2136 01:25:50,270 --> 01:25:52,101 and that led to this transaction. 2137 01:25:52,105 --> 01:25:54,721 I was brought in to analyze the affairs 2138 01:25:54,733 --> 01:25:55,643 of DeLorean Motor Company 2139 01:25:55,651 --> 01:25:57,812 and go deep into its affairs 2140 01:25:57,819 --> 01:26:00,481 its activities and its transactions. 2141 01:26:00,489 --> 01:26:01,945 We didn't really understand that at first, 2142 01:26:01,948 --> 01:26:04,030 but it turned out to be the critical moment 2143 01:26:04,034 --> 01:26:07,117 in untangling the affairs of John DeLorean, 2144 01:26:07,120 --> 01:26:08,576 and as it became clear, 2145 01:26:08,580 --> 01:26:11,947 you start to see yet again another side of John. 2146 01:26:13,168 --> 01:26:14,704 When the company was developing 2147 01:26:14,711 --> 01:26:17,202 in those heady days of excitement and energy 2148 01:26:17,214 --> 01:26:18,545 around the company, around John, 2149 01:26:18,548 --> 01:26:20,664 investors all wanted to get a piece of it. 2150 01:26:21,718 --> 01:26:23,299 In trying to raise all the capital, 2151 01:26:23,303 --> 01:26:25,419 John was really selling himself. 2152 01:26:25,430 --> 01:26:27,591 He was selling his image. 2153 01:26:27,599 --> 01:26:29,055 The slogan, "Live the Dream," 2154 01:26:29,059 --> 01:26:31,391 that's what people were supposedly buying into 2155 01:26:31,395 --> 01:26:33,010 when they invested in his company. 2156 01:26:33,021 --> 01:26:34,852 - And John, sensing that interest 2157 01:26:34,856 --> 01:26:36,892 and wanting to raise money if it was available, 2158 01:26:36,900 --> 01:26:39,437 was able to raise $17 and a half million 2159 01:26:39,444 --> 01:26:42,231 for the development of the vehicle, 2160 01:26:42,239 --> 01:26:43,319 but as it turns out, 2161 01:26:43,323 --> 01:26:46,440 the British government had also put up enough money by then 2162 01:26:46,451 --> 01:26:48,362 that their funds were actually being used 2163 01:26:48,370 --> 01:26:50,452 to pay for the development of the vehicle, 2164 01:26:50,455 --> 01:26:52,116 and therefore this money wasn't needed 2165 01:26:52,124 --> 01:26:53,864 so much at that point, 2166 01:26:53,875 --> 01:26:57,538 and John, seeing this pot of money, couldn't resist. 2167 01:26:57,546 --> 01:26:59,628 Federal investigators and bankruptcy lawyers 2168 01:26:59,631 --> 01:27:03,089 say they have uncovered another secret DeLorean deal, 2169 01:27:03,093 --> 01:27:06,381 this one arranged at a hotel in Geneva, Switzerland, 2170 01:27:06,388 --> 01:27:08,219 long before the alleged drug deal. 2171 01:27:09,266 --> 01:27:12,884 A deal had been struck in Switzerland 2172 01:27:12,894 --> 01:27:14,009 with Colin Chapman, 2173 01:27:14,020 --> 01:27:15,976 the chairman of Lotus, 2174 01:27:15,981 --> 01:27:20,566 and the mysterious organization called GPD Services. 2175 01:27:21,528 --> 01:27:24,065 And what's interesting becomes very clear 2176 01:27:24,072 --> 01:27:27,360 that Bill Collins was onto something several years earlier 2177 01:27:27,367 --> 01:27:30,700 when he was analyzing the DeLorean, Lotus agreement. 2178 01:27:30,704 --> 01:27:31,944 - When I looked at the numbers 2179 01:27:31,955 --> 01:27:32,944 that they put together, 2180 01:27:32,956 --> 01:27:34,162 I said to John, 2181 01:27:34,166 --> 01:27:35,576 "What's the deal?" 2182 01:27:35,584 --> 01:27:37,199 GPD? 2183 01:27:37,210 --> 01:27:38,199 I've never even heard of it. 2184 01:27:38,211 --> 01:27:39,747 It just seems like you're paying twice 2185 01:27:39,755 --> 01:27:41,165 for the same thing, John. 2186 01:27:41,173 --> 01:27:43,004 Obviously looking back on it now, 2187 01:27:43,008 --> 01:27:44,919 there were things going on behind the scene. 2188 01:27:44,926 --> 01:27:48,134 John and Chapman were trying to figure out 2189 01:27:48,138 --> 01:27:50,754 the game they were playing with GPD 2190 01:27:50,766 --> 01:27:55,681 and trying to get various arrangements put together. 2191 01:27:56,188 --> 01:27:57,769 - In the scene we shot yesterday, 2192 01:27:57,773 --> 01:27:59,764 he hangs up with Collins, 2193 01:27:59,775 --> 01:28:02,733 and everybody who's good, 2194 01:28:02,736 --> 01:28:04,522 they've all got to go, you know? 2195 01:28:04,529 --> 01:28:06,861 Because their goodness becomes useless to John. 2196 01:28:07,908 --> 01:28:10,115 They just don't do me any good. 2197 01:28:10,118 --> 01:28:13,076 - Apart from denying that he had any of the GPD money, 2198 01:28:13,079 --> 01:28:16,116 John DeLorean is reluctant to discuss GPD. 2199 01:28:16,124 --> 01:28:18,615 Can you give that an answer now to those allegations 2200 01:28:18,627 --> 01:28:20,868 about the missing $17 million? 2201 01:28:25,133 --> 01:28:28,170 - So now we fast forward into the investigation, 2202 01:28:28,178 --> 01:28:31,295 and we start peeling back the layers of GPD. 2203 01:28:31,306 --> 01:28:36,266 - GPD is supposedly this middleman company 2204 01:28:36,436 --> 01:28:41,100 to deliver certain other engineering services. 2205 01:28:41,107 --> 01:28:45,942 In truth, it had no other engineers. 2206 01:28:45,946 --> 01:28:48,153 It had no facilities 2207 01:28:48,156 --> 01:28:50,863 to deliver these engineering services. 2208 01:28:50,867 --> 01:28:54,030 GPD was a mailbox. 2209 01:28:54,037 --> 01:28:56,779 GPD is a phony, a shell company, 2210 01:28:56,790 --> 01:28:59,623 nothing more than a post office box in a neighborhood branch 2211 01:28:59,626 --> 01:29:01,207 of the Geneva Post Office, 2212 01:29:01,211 --> 01:29:02,917 Post Office Box 33. 2213 01:29:04,589 --> 01:29:06,830 It turns out John made a deal 2214 01:29:06,842 --> 01:29:09,254 with Colin Chapman at Lotus Cars 2215 01:29:09,261 --> 01:29:11,673 that he would send the $17 and a half million 2216 01:29:11,680 --> 01:29:14,137 from investors into GPD, 2217 01:29:14,140 --> 01:29:16,222 and then Colin took the money from there, 2218 01:29:16,226 --> 01:29:18,592 funneled it into European bank accounts, 2219 01:29:18,603 --> 01:29:20,184 split it with John. 2220 01:29:20,188 --> 01:29:21,849 John then maneuvered that money 2221 01:29:21,857 --> 01:29:24,599 back to his own accounts in the United States, 2222 01:29:24,609 --> 01:29:26,691 therefore converting the investor money 2223 01:29:26,695 --> 01:29:27,901 into his own money. 2224 01:29:32,367 --> 01:29:35,325 - I think there's a real fascinating allegory here. 2225 01:29:35,328 --> 01:29:37,944 You did sell your soul, John DeLorean. 2226 01:29:37,956 --> 01:29:41,073 You sold it for the greater glory of John DeLorean 2227 01:29:41,084 --> 01:29:42,699 who was going to whip General Motors 2228 01:29:42,711 --> 01:29:44,076 and all these multibillion dollar, 2229 01:29:44,087 --> 01:29:46,669 multinational companies with your own dream car, 2230 01:29:46,673 --> 01:29:48,288 and in that vision, 2231 01:29:48,300 --> 01:29:51,292 not only did you jeopardize the well being of your family, 2232 01:29:51,303 --> 01:29:53,385 you've risked yourself for a jail term, 2233 01:29:53,388 --> 01:29:55,299 got off because the government blew it. 2234 01:29:55,307 --> 01:29:57,138 Now we have other indictments, 2235 01:29:57,142 --> 01:30:00,134 which indicate that it's possible 2236 01:30:00,145 --> 01:30:03,888 that your fatigue and your egomania 2237 01:30:03,899 --> 01:30:06,231 forced you to use money for your own purpose 2238 01:30:06,234 --> 01:30:08,771 rather than the original intent of the investors. 2239 01:30:08,778 --> 01:30:11,861 That's what seems to be most apparent to anybody 2240 01:30:11,865 --> 01:30:13,150 who gives a cursory review 2241 01:30:13,158 --> 01:30:14,694 of the evidence in this case. 2242 01:30:14,701 --> 01:30:16,817 - Well, as I said early on, 2243 01:30:16,828 --> 01:30:19,365 I think that we will prove conclusively 2244 01:30:19,372 --> 01:30:21,738 that every single cent was legitimately 2245 01:30:21,750 --> 01:30:24,082 and honestly come by, 2246 01:30:24,085 --> 01:30:27,077 and that all these charges are totally false. 2247 01:30:29,716 --> 01:30:33,174 - So as these questions are being brought up 2248 01:30:33,178 --> 01:30:36,841 and John is preparing to have to answer these questions, 2249 01:30:36,848 --> 01:30:39,305 he needed to show some sort of proof 2250 01:30:39,309 --> 01:30:41,891 that made the deal not look shady, 2251 01:30:41,895 --> 01:30:44,307 and that proof was actually a loan letter 2252 01:30:44,314 --> 01:30:45,804 from GPD Services 2253 01:30:45,815 --> 01:30:48,932 and a paper trail that GPD services 2254 01:30:48,944 --> 01:30:50,275 was a loan to him 2255 01:30:50,278 --> 01:30:51,814 and that he still had several years 2256 01:30:51,821 --> 01:30:54,312 before he had to pay back that loan. 2257 01:30:54,324 --> 01:30:56,315 He puts together these documents 2258 01:30:56,326 --> 01:30:59,739 that only he and one other person would be privy to, 2259 01:30:59,746 --> 01:31:01,987 and that being Colin Chapman from Lotus. 2260 01:31:01,998 --> 01:31:03,613 Well, several years earlier, 2261 01:31:03,625 --> 01:31:06,662 Colin Chapman dropped dead of a heart attack, 2262 01:31:06,670 --> 01:31:08,456 and the only other person 2263 01:31:08,463 --> 01:31:12,422 in this little transaction was John. 2264 01:31:12,425 --> 01:31:14,131 - So while I was busy studying the records 2265 01:31:14,135 --> 01:31:16,126 and looking at financial transactions, 2266 01:31:16,137 --> 01:31:19,379 the lawyers were busy talking to Cristina Ferrare. 2267 01:31:19,391 --> 01:31:22,633 Cristina testified under oath 2268 01:31:22,644 --> 01:31:27,104 that she saw John working in a large closet 2269 01:31:27,107 --> 01:31:31,521 with latex gloves on, signing documents, 2270 01:31:31,528 --> 01:31:34,520 backdating them, and then aging the documents 2271 01:31:34,531 --> 01:31:36,067 under a sun lamp 2272 01:31:36,074 --> 01:31:37,029 so when the documents 2273 01:31:37,033 --> 01:31:39,149 would be forensically examined later on, 2274 01:31:39,160 --> 01:31:40,900 his fingerprints wouldn't be on it. 2275 01:31:40,912 --> 01:31:42,573 His skin oil wouldn't be on it, 2276 01:31:42,580 --> 01:31:43,615 and of course the paper would 2277 01:31:43,623 --> 01:31:45,113 have aged under the sun lamp, 2278 01:31:45,125 --> 01:31:47,332 and she testified that she saw him do that, 2279 01:31:47,335 --> 01:31:49,451 so John was very busy 2280 01:31:49,462 --> 01:31:50,952 creating a set of documents 2281 01:31:50,964 --> 01:31:52,295 in the dark of night, 2282 01:31:52,298 --> 01:31:54,334 but his wife was watching him. 2283 01:31:57,345 --> 01:31:59,131 After reviewing the records, 2284 01:31:59,139 --> 01:32:01,596 there came a time when the trial started 2285 01:32:01,599 --> 01:32:03,590 to recover this money that John had taken 2286 01:32:03,601 --> 01:32:04,841 from the company, 2287 01:32:04,853 --> 01:32:05,933 and I started to really get 2288 01:32:05,937 --> 01:32:08,223 a good look at John as a person 2289 01:32:08,231 --> 01:32:10,688 and the true nature of his character, 2290 01:32:10,692 --> 01:32:12,273 so he walks in court one day, 2291 01:32:12,277 --> 01:32:13,107 and then he looks at me, 2292 01:32:13,111 --> 01:32:14,942 and he says, "I was on the radio this morning. 2293 01:32:14,946 --> 01:32:17,813 "I was talking about you and your testimony." 2294 01:32:17,824 --> 01:32:20,315 He goes, "But I'm not sure I got your name right." 2295 01:32:20,326 --> 01:32:22,988 He said, "Is there one H in Shithead or two?" 2296 01:32:24,497 --> 01:32:25,327 And I said, wow, 2297 01:32:26,750 --> 01:32:29,867 but by then I also realized we had him. 2298 01:32:29,878 --> 01:32:31,709 In other words, he was acting out 2299 01:32:31,713 --> 01:32:33,078 because we knew we had him. 2300 01:32:33,089 --> 01:32:35,421 Between us having the financial evidence 2301 01:32:35,425 --> 01:32:37,882 and Cristina would testify 2302 01:32:37,886 --> 01:32:41,595 that John had been forging documents and aging documents, 2303 01:32:41,598 --> 01:32:43,429 John needed to settle that case, 2304 01:32:43,433 --> 01:32:45,139 actually cough up the money 2305 01:32:45,143 --> 01:32:47,509 that had been stolen from the investors 2306 01:32:47,520 --> 01:32:49,306 in the DeLorean partnership. 2307 01:32:49,314 --> 01:32:50,975 Would you deny therefore that you had 2308 01:32:50,982 --> 01:32:52,768 any of that $17 million? 2309 01:32:52,776 --> 01:32:53,936 - Excuse me a minute. 2310 01:32:53,943 --> 01:32:55,729 I have to get a drink. 2311 01:32:55,737 --> 01:32:57,193 John DeLorean was not prepared 2312 01:32:57,197 --> 01:32:58,562 to answer any further questions 2313 01:32:58,573 --> 01:33:00,780 about the missing $17.6 million. 2314 01:33:08,541 --> 01:33:10,702 - In the drug trial, John really could grasp on 2315 01:33:10,710 --> 01:33:11,825 to that idea of, 2316 01:33:11,836 --> 01:33:14,122 "I was the victim here. 2317 01:33:14,130 --> 01:33:18,373 "I got sucked into a situation of overzealous people, 2318 01:33:18,384 --> 01:33:21,046 "overzealous government, that was trying to take me down 2319 01:33:21,054 --> 01:33:23,010 "as a legitimate business owner. 2320 01:33:23,014 --> 01:33:25,676 In the case of the money trials, 2321 01:33:25,683 --> 01:33:28,015 it's very hard to take the approach 2322 01:33:28,019 --> 01:33:29,259 that he was the victim 2323 01:33:29,270 --> 01:33:31,682 because all of it was his own doing. 2324 01:33:31,689 --> 01:33:34,271 You start to see this real true character, 2325 01:33:34,275 --> 01:33:36,516 this underlying nature of John, 2326 01:33:36,528 --> 01:33:38,985 not the public persona that he had worked so hard 2327 01:33:38,988 --> 01:33:40,694 to cultivate for years. 2328 01:33:40,698 --> 01:33:44,737 - He had built this giant bubble of an image 2329 01:33:44,744 --> 01:33:46,234 making him believe he could 2330 01:33:46,246 --> 01:33:47,861 kind of get away with anything. 2331 01:33:48,832 --> 01:33:51,995 This was not the little guy fighting 2332 01:33:52,001 --> 01:33:54,037 the Goliath like GM. 2333 01:33:54,045 --> 01:33:57,503 This instead was someone in his business dealings 2334 01:33:57,507 --> 01:33:59,623 who acted like the Goliath 2335 01:33:59,634 --> 01:34:02,842 and trampled on other people's dreams 2336 01:34:02,846 --> 01:34:07,089 and really hurt some individuals very badly. 2337 01:34:07,100 --> 01:34:08,306 - I'm not a psychiatrist, 2338 01:34:08,309 --> 01:34:12,143 but I think that he was okay in the beginning, 2339 01:34:12,147 --> 01:34:14,433 and I think he just got carried away. 2340 01:34:15,316 --> 01:34:16,806 I think that he could have saved it 2341 01:34:16,818 --> 01:34:18,649 if he'd had the right attitude, 2342 01:34:18,653 --> 01:34:20,234 but I think he thought it was more important 2343 01:34:20,238 --> 01:34:23,981 to make a buck than to be successful. 2344 01:34:25,285 --> 01:34:27,401 - That is part of the real tragedy 2345 01:34:27,412 --> 01:34:29,528 in going back to the what ifs. 2346 01:34:34,377 --> 01:34:37,119 And he had still had $17 and half million 2347 01:34:37,130 --> 01:34:39,337 at the time when he needed desperately cash 2348 01:34:39,340 --> 01:34:40,500 to keep the company open? 2349 01:34:40,508 --> 01:34:41,338 - We're the FBI. 2350 01:34:41,342 --> 01:34:43,082 By stealing that money, 2351 01:34:43,094 --> 01:34:45,426 John really painted himself into a corner, 2352 01:34:45,430 --> 01:34:47,921 and he had to find the money somewhere else, 2353 01:34:47,932 --> 01:34:50,139 and to think if he could have only held on 2354 01:34:50,143 --> 01:34:51,508 for a few more years. 2355 01:35:06,159 --> 01:35:06,944 - Doc. 2356 01:35:08,536 --> 01:35:10,151 - Marty, you made it. 2357 01:35:10,163 --> 01:35:11,027 - Yeah. 2358 01:35:11,039 --> 01:35:12,449 - Welcome to my latest experiment. 2359 01:35:12,457 --> 01:35:13,287 This is the big one, 2360 01:35:13,291 --> 01:35:15,452 the one I've been waiting for all my life. 2361 01:35:15,460 --> 01:35:16,825 - Wow, it's a DeLorean, right-- 2362 01:35:16,836 --> 01:35:17,666 - Bear with me, Marty. 2363 01:35:17,670 --> 01:35:18,625 All your questions will be answered. 2364 01:35:18,630 --> 01:35:19,585 Roll tape-- 2365 01:35:19,589 --> 01:35:20,419 - Yeah, okay I'm rolling-- 2366 01:35:20,423 --> 01:35:22,835 - When Bob Zemeckis and I first wrote "Back To The Future,โ€˜' 2367 01:35:22,842 --> 01:35:26,460 the time machine was a refrigerator, 2368 01:35:26,471 --> 01:35:30,259 and Bob Zemeckis, the director, said, 2369 01:35:30,266 --> 01:35:34,430 "Wouldn't it be simpler if Doc actually built 2370 01:35:34,437 --> 01:35:36,268 "the time machine into a car?" 2371 01:35:36,272 --> 01:35:40,641 And then he says, "And what if the car was a DeLorean?" 2372 01:35:40,652 --> 01:35:41,607 It wasn't my idea 2373 01:35:41,611 --> 01:35:43,522 but I know damn good idea when I hear one. 2374 01:35:43,529 --> 01:35:45,315 This was a damn good idea, 2375 01:35:45,323 --> 01:35:47,234 so I said, yeah, that's great. 2376 01:35:47,242 --> 01:35:50,405 - When this baby hits 88 miles per hour, 2377 01:35:50,411 --> 01:35:52,197 you're gonna see some serious shit. 2378 01:35:57,460 --> 01:36:00,793 We, I think, did a great job 2379 01:36:00,797 --> 01:36:03,004 in making the DeLorean glamorous 2380 01:36:03,007 --> 01:36:06,124 and endearing it to generations 2381 01:36:06,135 --> 01:36:09,548 of movie fans and car fans. 2382 01:36:09,555 --> 01:36:11,967 - 88 miles per hour. 2383 01:36:12,850 --> 01:36:15,432 - If only we'd stayed alive 2384 01:36:15,436 --> 01:36:18,644 and we'd continued for another two years. 2385 01:36:18,648 --> 01:36:21,560 You can't buy that publicity now, can you? 2386 01:36:22,819 --> 01:36:25,811 "Back To The Futurell makes the car 2387 01:36:25,822 --> 01:36:27,983 and the man truly immortal. 2388 01:36:28,908 --> 01:36:30,773 100 years from now, 2389 01:36:30,785 --> 01:36:32,241 people will watch that movie, 2390 01:36:33,204 --> 01:36:35,490 and the last running DeLorean 2391 01:36:35,498 --> 01:36:38,331 may have consumed its last drop of fuel 2392 01:36:38,334 --> 01:36:40,040 and eaten its last piston, 2393 01:36:40,044 --> 01:36:42,035 but that movie will carry on. 2394 01:36:44,007 --> 01:36:45,167 - After the movie came out, 2395 01:36:45,174 --> 01:36:47,039 about two or three weeks later, 2396 01:36:47,051 --> 01:36:49,713 we got one of the best fan letters we ever got, 2397 01:36:49,721 --> 01:36:51,211 and it was from John DeLorean. 2398 01:36:51,222 --> 01:36:54,009 He said that he'd just seen the movie. 2399 01:36:54,017 --> 01:36:55,427 He thought it was brilliant, 2400 01:36:56,686 --> 01:36:59,644 and he said, "Thank you for keeping my dream alive." 2401 01:37:03,609 --> 01:37:04,815 - Back in a time when 2402 01:37:06,321 --> 01:37:10,815 I was lead to believe films about him were percolating, 2403 01:37:14,746 --> 01:37:15,576 there were a couple of them, 2404 01:37:15,580 --> 01:37:16,535 to my recollection, 2405 01:37:16,539 --> 01:37:17,904 that people were gonna make. 2406 01:37:19,125 --> 01:37:20,205 I get a phone call, 2407 01:37:22,545 --> 01:37:23,955 and it was DeLorean, 2408 01:37:27,216 --> 01:37:29,002 and I have to imagine he was probably 2409 01:37:30,303 --> 01:37:31,668 out of the house, the big house, 2410 01:37:31,679 --> 01:37:32,964 and living in this apartment, 2411 01:37:32,972 --> 01:37:35,839 the scene that we're gonna shoot today. 2412 01:37:35,850 --> 01:37:36,930 Yeah, I was on the phone with him, 2413 01:37:36,934 --> 01:37:42,019 and he was like, "Alex, this is John DeLorean calling." 2414 01:37:42,023 --> 01:37:42,853 He's very old. 2415 01:37:42,857 --> 01:37:44,518 He sounded older. 2416 01:37:44,525 --> 01:37:45,981 He said, "I understand they're making 2417 01:37:45,985 --> 01:37:48,943 "this motion picture about me, 2418 01:37:48,946 --> 01:37:52,780 "and I would be very flattered 2419 01:37:52,784 --> 01:37:56,447 "if you were to portray me in the movie." 2420 01:37:56,454 --> 01:37:59,241 I thought, wow, 2421 01:37:59,248 --> 01:38:00,078 I mean, to have the guy 2422 01:38:00,083 --> 01:38:01,038 who's the real guy pick you, 2423 01:38:02,293 --> 01:38:04,784 and then it went away. 2424 01:38:06,005 --> 01:38:08,121 I never heard from him again, 2425 01:38:08,132 --> 01:38:10,714 but, I mean, to me, 2426 01:38:10,718 --> 01:38:13,300 DeLorean is a lot of things. 2427 01:38:13,304 --> 01:38:16,091 Every day, I think about who is he, 2428 01:38:16,099 --> 01:38:18,135 I have a different answer. 2429 01:38:18,142 --> 01:38:20,633 Today my attitude about DeLorean, 2430 01:38:20,645 --> 01:38:22,931 you watch historical footage, 2431 01:38:22,939 --> 01:38:25,681 and you get kind of inflamed 2432 01:38:26,651 --> 01:38:28,357 of bad things to some people, 2433 01:38:28,361 --> 01:38:29,771 and he hurt a lot of people, 2434 01:38:29,779 --> 01:38:30,985 and he stole from people, 2435 01:38:32,782 --> 01:38:33,771 and at the same time, 2436 01:38:36,077 --> 01:38:38,159 I feel like he was somebody who, 2437 01:38:39,080 --> 01:38:41,947 like a lot of great American stories, 2438 01:38:41,958 --> 01:38:44,415 he just perverted some dream that he had. 2439 01:38:47,630 --> 01:38:49,837 You remember the DMC, don't you? 2440 01:38:49,841 --> 01:38:50,626 Yeah. 2441 01:38:52,218 --> 01:38:53,799 How could you forget it, right? 2442 01:38:53,803 --> 01:38:55,043 It was one of a kind. 2443 01:38:56,973 --> 01:38:59,180 It really was one of a kind. 2444 01:38:59,183 --> 01:39:02,971 - As full as John's life was those first 60 years, 2445 01:39:02,979 --> 01:39:06,597 the last 20 years are actually more simple. 2446 01:39:06,607 --> 01:39:09,019 This is one of John's Bibles 2447 01:39:09,026 --> 01:39:12,860 which he actually gave to his nephew Mark. 2448 01:39:12,864 --> 01:39:14,479 He became a born again Christian. 2449 01:39:15,366 --> 01:39:17,527 It was a very important part of his life. 2450 01:39:17,535 --> 01:39:19,571 He dated several women throughout the years, 2451 01:39:19,579 --> 01:39:21,615 and then ended up re-marrying late in life, 2452 01:39:21,622 --> 01:39:24,659 and then in 2000, had to declare bankruptcy, 2453 01:39:24,667 --> 01:39:27,158 in which he lost his Bedminster Estate 2454 01:39:27,170 --> 01:39:29,206 and lived the last five years of his life 2455 01:39:29,213 --> 01:39:30,623 in a one bedroom apartment. 2456 01:39:31,674 --> 01:39:33,164 - His whole fucking life, his whole dream, 2457 01:39:33,176 --> 01:39:35,292 everything that he worked for 2458 01:39:35,303 --> 01:39:37,419 from the time they broke ground 2459 01:39:37,430 --> 01:39:39,512 till the time of the arrest, gone. 2460 01:39:44,228 --> 01:39:45,513 Was it a blow to your pride 2461 01:39:45,521 --> 01:39:48,228 to you trying to shape your life again? 2462 01:39:48,232 --> 01:39:51,349 - Well, I felt terrible about it for a long time. 2463 01:39:53,154 --> 01:39:55,395 Who've this has been an extremely 2464 01:39:55,406 --> 01:39:57,692 difficult thing for them, 2465 01:39:57,700 --> 01:39:59,861 but life is life. 2466 01:39:59,869 --> 01:40:00,733 It goes on. 2467 01:40:02,038 --> 01:40:04,450 - Your father is shamed and goes to jail. 2468 01:40:04,457 --> 01:40:06,038 Your family loses all their money. 2469 01:40:06,042 --> 01:40:07,703 Your parents get divorced. 2470 01:40:07,710 --> 01:40:09,416 Everything in your world changes, 2471 01:40:09,420 --> 01:40:12,036 and for the next 15 years of your life 2472 01:40:12,048 --> 01:40:14,835 you get chased by, 2473 01:40:14,842 --> 01:40:16,173 "Is your father in jail?" 2474 01:40:16,177 --> 01:40:17,542 And cocaine jokes, 2475 01:40:17,553 --> 01:40:19,009 and all of these things 2476 01:40:19,013 --> 01:40:21,095 that just followed along with it. 2477 01:40:22,058 --> 01:40:25,471 My entire life I had to live it down. 2478 01:40:26,771 --> 01:40:29,888 It followed me for a very long time. 2479 01:40:29,899 --> 01:40:32,106 It followed me around until I started 2480 01:40:32,109 --> 01:40:36,523 to get involved into the DeLorean community. 2481 01:40:38,658 --> 01:40:40,444 People used to invite my dad 2482 01:40:40,451 --> 01:40:43,238 to all these car shows all the time, 2483 01:40:43,246 --> 01:40:45,328 and I asked him. 2484 01:40:45,331 --> 01:40:48,198 I said, Dad, Dad, let's go. 2485 01:40:48,209 --> 01:40:50,416 You have to experience this. 2486 01:40:50,419 --> 01:40:54,458 Knowing how much he was still loved 2487 01:40:54,465 --> 01:40:57,252 would definitely make a difference in his life. 2488 01:40:59,178 --> 01:41:00,167 - Thank you. 2489 01:41:01,347 --> 01:41:03,133 It was an amazing experience. 2490 01:41:03,140 --> 01:41:05,677 It was everything I hoped it would be 2491 01:41:05,685 --> 01:41:06,640 and then some. 2492 01:41:06,644 --> 01:41:08,350 - I just met John DeLorean for the third time. 2493 01:41:08,354 --> 01:41:09,139 Document that. 2494 01:41:10,189 --> 01:41:11,349 The man is unbelievable. 2495 01:41:13,401 --> 01:41:16,359 He really did get to bask 2496 01:41:16,362 --> 01:41:19,695 in his glory a little bit again. 2497 01:41:23,536 --> 01:41:25,242 - Do you consider the whole DeLorean dream 2498 01:41:25,246 --> 01:41:26,452 to have been a failure? 2499 01:41:26,455 --> 01:41:28,411 - Oh, I think that I showed a lot of people 2500 01:41:28,416 --> 01:41:31,658 that whether you survive or not, 2501 01:41:31,669 --> 01:41:33,500 the key is it's like Shakespeare said. 2502 01:41:33,504 --> 01:41:34,914 "It's better to have loved and lost 2503 01:41:34,922 --> 01:41:36,753 "than not to have loved at all." 2504 01:41:36,757 --> 01:41:38,418 I gave it the best shot I had. 2505 01:41:38,426 --> 01:41:40,291 I tried as hard as I could, 2506 01:41:40,303 --> 01:41:44,467 and I think that I did reasonably well. 2507 01:41:44,473 --> 01:41:45,303 It's a tragedy-- 2508 01:41:45,308 --> 01:41:48,095 - I think DeLorean was very much alone. 2509 01:41:48,102 --> 01:41:51,435 Part of the fallout from compartmentalizing 2510 01:41:51,439 --> 01:41:53,395 his life the way he did 2511 01:41:54,358 --> 01:41:58,317 is that he really didn't have anybody 2512 01:41:58,321 --> 01:42:00,528 who knew him through and through. 2513 01:42:01,657 --> 01:42:04,820 This is not a man who's looking at his family life 2514 01:42:04,827 --> 01:42:08,365 or his friends to qualify 2515 01:42:08,372 --> 01:42:09,908 his reason for living. 2516 01:42:09,915 --> 01:42:11,746 It's, "What have I accomplished? 2517 01:42:11,751 --> 01:42:12,581 "What have I done? 2518 01:42:12,585 --> 01:42:14,871 "What am I doing next?" 2519 01:42:14,879 --> 01:42:16,119 That in his mind, 2520 01:42:16,130 --> 01:42:19,122 this is what really reflects on him 2521 01:42:19,133 --> 01:42:20,873 as a human being. 2522 01:42:20,885 --> 01:42:21,795 - When we come around here, 2523 01:42:21,802 --> 01:42:24,339 what I'd like to do is repeat this action 2524 01:42:24,347 --> 01:42:25,883 and just put this down here 2525 01:42:25,890 --> 01:42:27,175 and then look up at the car, 2526 01:42:27,183 --> 01:42:28,263 and I want to say something very 2527 01:42:28,267 --> 01:42:30,053 specific to him about the car. 2528 01:42:30,061 --> 01:42:30,891 Cool. 2529 01:42:30,895 --> 01:42:33,511 - No film can tell the definitive story of anybody's life. 2530 01:42:33,522 --> 01:42:36,229 Anyone's life is just too vast 2531 01:42:36,233 --> 01:42:38,940 and complex for one film, 2532 01:42:38,944 --> 01:42:42,186 but a film could certainly create 2533 01:42:42,198 --> 01:42:43,984 the legend of John DeLorean, 2534 01:42:43,991 --> 01:42:47,108 and we print the legend. 2535 01:42:47,119 --> 01:42:48,859 The legend is what we love. 2536 01:42:48,871 --> 01:42:50,702 That's what we should have. 2537 01:42:53,584 --> 01:42:55,996 Let's just hypothetically say 2538 01:42:56,003 --> 01:42:58,335 that when he went into the hotel that night, 2539 01:42:58,339 --> 01:42:59,795 he knew he was walking out 2540 01:42:59,799 --> 01:43:01,710 with a suitcase full of cocaine. 2541 01:43:02,677 --> 01:43:04,508 I can't necessarily blame him. 2542 01:43:06,472 --> 01:43:08,713 How far would you be willing to go 2543 01:43:08,724 --> 01:43:10,305 to save something you worked 2544 01:43:10,309 --> 01:43:12,470 your whole life for, your life's dream? 2545 01:43:12,478 --> 01:43:15,220 What would you do to see that succeed 2546 01:43:15,231 --> 01:43:16,186 no matter what? 2547 01:43:20,569 --> 01:43:22,434 - He always kept trying. 2548 01:43:22,446 --> 01:43:25,313 He never gave up the dream. 2549 01:43:25,324 --> 01:43:28,066 He never quit believing 2550 01:43:28,077 --> 01:43:29,192 that there was a potential 2551 01:43:29,203 --> 01:43:30,158 for him to recover, 2552 01:43:30,162 --> 01:43:31,447 that he was going to invent 2553 01:43:31,455 --> 01:43:32,410 the next great thing, 2554 01:43:32,415 --> 01:43:33,655 that he was going to be able 2555 01:43:33,666 --> 01:43:35,952 to reclaim his former glory. 2556 01:43:35,960 --> 01:43:37,416 He was John DeLorean, 2557 01:43:37,420 --> 01:43:40,833 and he was John DeLorean until the day he died. 2558 01:43:40,840 --> 01:43:41,670 - I think he was still 2559 01:43:41,674 --> 01:43:44,837 trying to make fucking deals on that DMC-2 2560 01:43:44,844 --> 01:43:46,380 when he got the heart attack, 2561 01:43:48,139 --> 01:43:50,801 and I think that would be a good way to end the movie. 2562 01:43:51,934 --> 01:43:52,764 You could have him 2563 01:43:52,768 --> 01:43:54,474 on the phone eating some breakfast 2564 01:43:55,980 --> 01:43:58,187 with an open notebook thing 2565 01:43:58,190 --> 01:43:59,430 that you'd show investors 2566 01:43:59,442 --> 01:44:02,980 with all the nice little pictures and stuff, 2567 01:44:02,987 --> 01:44:04,022 talking on the phone, 2568 01:44:04,029 --> 01:44:06,145 and then it just fades to black 2569 01:44:06,157 --> 01:44:08,273 because then that last image would just be him 2570 01:44:08,284 --> 01:44:11,321 working to get that deal done, 2571 01:44:11,328 --> 01:44:15,116 and God pulled the plug on his ass, man. 2572 01:44:16,041 --> 01:44:17,281 You're out of here, buddy. 2573 01:44:19,211 --> 01:44:20,917 Then it just goes black, 2574 01:44:20,921 --> 01:44:22,331 and then John DeLorean died 2575 01:44:22,339 --> 01:44:24,455 in Morristown, New Jersey, 2576 01:44:24,467 --> 01:44:27,504 at fucking 80 years old on this date, you know? 2577 01:44:27,511 --> 01:44:31,129 Never to have fulfilled another car company, 2578 01:44:31,140 --> 01:44:33,096 build another car company, 2579 01:44:33,100 --> 01:44:35,136 and I'd be okay with that. 2580 01:44:35,144 --> 01:44:36,805 And slate, that's good. 2581 01:44:37,646 --> 01:44:40,058 Scene 28 alpha, take two. 2582 01:44:40,065 --> 01:44:42,101 Great, thank you. 2583 01:44:46,071 --> 01:44:46,935 Action. 2584 01:48:51,025 --> 01:48:51,855 - I mean, if we can't get the money 2585 01:48:51,859 --> 01:48:53,440 to distribute this movie, 2586 01:48:53,444 --> 01:48:54,604 would we sell cocaine to try 2587 01:48:54,611 --> 01:48:55,726 to get this movie distributed? 2588 01:48:55,738 --> 01:48:56,568 Sure. 2589 01:48:56,572 --> 01:48:57,857 - We don't want to lose either. 2590 01:48:57,865 --> 01:48:58,900 No. 2591 01:48:58,907 --> 01:49:00,317 - I'm counting on you, Sheena. 187557

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