[DML] Re: History Channel Documentory

[CBL302@xxxx]

In a message dated 11/3/99 8:55:53 AM Eastern Standard Time, 
dmc_norway@xxxx writes:

<< I disagree with you Claude, on your thoughts about the British Government. 
In fact, the British Government knew how the money was spent since they had 
people at the board. Also, the GPD scandal has often been blamed on 
Chapman/DeLorean. But what other fails to realize is that this deal was 
APPROVED by the British Government, that is, the Bank of England. Mo >>

I have read most of the books that are out there on the DMC Blunder,and 
again, JZD
was the the person who was used to living a lavish lifestyle (as he still 
Does,look at his present estate)for example there was no reason for a startup 
company for JZD to fly first class on the Concord back and forth from New 
York to Britain,or buy $50,000
paintings for his Park Ave.offices(or even to have a very expensive office on 
Park Ave.,or throw big money at Lotus Engineering,only for them,to "throw 
away"the ERM process of making the car,and then Lotus just "cheapened" the 
Delorean by coping their Lotus Esprit,Sure the British Government knew money 
was being spent,but JZD,just like Mal.Bricklin were"Confidence Men"meaning 
that they could sell you the shirt off your back,and you would think you were 
getting a great bargain that was the kind of attitude that was present with 
the British Gov.They figured that they could get a area that was war 
torn,with a very high unemployment rate,and religious difference and get the 
people working together and, make a profit at the same time to boot,but 
again Delorean had a great idea at first,but he still had that GM 
attitude,spend,spend spend,and don't worry about the bills,his idea was that 
if he spent enough the British Gov.would have to much invested in the DMC 
project to back off,because you must remember it is Very difficult to get any 
Major Government involved in a private enterprise,but when they do WATCH 
OUT,they go full speed ahead,and that is exactly what happened with the 
British Gov.they were dazzled by JZD and he played his cards as far as he 
could,until his blunder finally fell thru.

Claude
000570