John DeLorean reference & old Video
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John DeLorean reference & old Video



DML,

The 1985 interview with Oprah and John DeLorean is a rare find.
Does anyone have a copy of this?    

In addition, the TV program NightLine had a series on DeLorean back in 1982. 
These are rare too. 
Anyone have video from the early days, the arrest, trial, etc.?

Below is a story from the ABC NEWS web page.

 
http://more.abcnews.go.com/sections/business/dailynews/delorean0305/index.html

Managed Defunct Car Company 
DeLoreanâs Accountants Must Pay Millions 


Jurors found the accountants signed off on DeLoreanâs financial statements 
despite evidence of possible fraud. 



N E W Y O R K, March 6 â The accounting firm Arthur Andersen will have to 
pay up to $110 million to John DeLorean's creditors after a jury ruled the 
accountants should have known of his car company's shaky deals. 
DeLorean's car manufacturing enterprise went bankrupt 16 years ago, 
leaving a trail of unpaid bills. 
After less than three hours of deliberations, the state jury recommended 
today that the accountants pay $46.2 million, plus up to $65 million in 
interest. 
Jurors found the accountants signed off on DeLorean's financial 
statements despite evidence of possible fraud. 

No Fraud Conviction 
DeLorean was never convicted of fraud, but has been ordered to pay investors 
and creditors about $9 million. The plaintiffs argued that he was siphoning 
away millions of dollars through a fictional Panamanian company. 
Robert C. Hubbell, a spokesman for Arthur Andersen, said the firm will 
appeal. Hubbell said the accounting firm already has paid $35 million to the 
British government, the largest investor in the DeLorean Motor Co. That 
should reduce the settlement, he said. 
A judge will decide how much interest the accountants must pay. 
Michael D. Hess, the lawyer for the plaintiffs, said Arthur Andersen 
kept issuing opinions favorable to the carmaker "because that is what John 
DeLorean wanted." 

 
Was DeLorean involved in Fraud?





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