Chris, James has been a DeLorean nut long before working for Houston - he did start the DML after all :-) Martin Chris Parnham wrote: > James, > I didn't know that you were that interested, or involved in the DMC history, > I assumed it was just your business. If you are not careful you'll turn into > a proper "DeLorean anorak", like many of us! > I must admit I had not considered the "security services", swapping info of > JZD, prior to his arrest, but I guess it must have happened. I suppose one > question is why the FBI selected JZD as a target in the first place. > Another chapter for my ( our) book perhaps? > > Regards > Chris P > > -----Original Message----- > From: James Espey [mailto:james@xxxx] > Sent: 27 September 2002 17:10 > To: doc-uk@xxxxxxxxxxxxxxx > Subject: [doc] DMC and conspiracy theories (long) > > I can understand the sensitivity to the 'conspiracy theories', and I imagine > it must be doubly difficult for the UK owners, getting it from both the > Americans who blame the Conservative government for the downfall of DMC, as > well as the UK citizens, who think of DeLorean as a 'carpetbagger'. > > These days, I am more interested in the history of the original company, but > am afraid that as more time passes, the truth becomes more and more cloudy. > In spite of the fact that I truly believe JZD (at least the JZD that I have > met a few times) is a really nice guy, in regards to the downfall of the > original DMC, he was his own worst enemy. However, its' clear that the > British government was informed by the FBI that DeLorean was the subject of > a drug investigation, which may have influenced their decision in some way > to cut off funds to the company. Think of the embarrassment should the > Conservatives be associated with financing a company that was partly > financed by drug money. I also do not doubt for an instant that so intense > was the desire of the US agents involved to "get" a high-profile name like > "DeLorean" that they would feed misleading information in order to "cut-off" > any help that might have been forthcoming from the government OR any private > sector investors, as well. > > I think that anyone who really reads the books relating to the company, and > excerpts from other books ("Cork on Cork" by Kenneth Cork and "Balance of > Power" by Jim Prior are two that come to mind) will see that there was some > behind the scenes activity. One can certainly see the skullduggery involved > in JZD's trial by the prosecution. > > A question that often comes up, with several theories bandied about, is > exactly who made the decision to sell the dies as scrap? My understanding of > the time was that the American arm of DMC had some title to the machinery, > tooling and equipment actually in the factory, and the UK government had > some title to the land and buildings. In effect, this would allow JZD as the > majority shareholder in the American company, to move the equipment to any > building in the world (any city/state/country looking for jobs for their > citizens) and re-start production, leaving the Conservative UK government > with insult added to their already significant financial injury. > > JZD certainly intended to re-start production of the car SOMEPLACE. Looking > through the files here from KAPAC and speaking with people involved back in > the 1983-1984 timeframe, the plan was to use the remaining inventory to > build more DeLoreans, whether they be stock cars or the rumored Firestar > 500. I have read telexes here from Marvin Katz (KAPAC) trying to locate and > purchase the dies, specifically the left front fender die, from the > receiver. I have an article from the Detroit Free Press on this subject > dated 20 Oct 1985, as well. > > I would love to hear the thoughts and any documents which validate or > invalidate any of this from the UK club members... > > James > > PS - As an aside, it's no secret that JZD has no love for the DOA, and a > discussion that took place at the DOA Expo in Oregon which was relayed to me > seems to explain part of this. It seems that in the mid-1980's, about the > time that JZD was searching for the dies and sending divers to look for > them, he approached a DOA board member at the time about joining in a > lawsuit against the UK for scrapping the dies, as that action allegedly > created insurance, repair and future value problems for all DeLoreans. The > board member rebuffed JZD, and to this day, JZD is reluctant to have any > dealings with the DOA or their events. This is all second-hand information, > but comes to me from a reliable and trusted person closely involved with the > DOA and the board member in question, who is still active on the DOA board. > > > From: "Chris Parnham" <cp@xxxx> > > Reply-To: doc-uk@xxxxxxxxxxxxxxx > > Date: Fri, 27 Sep 2002 10:11:01 +0100 > > To: <dmcnews@xxxxxxxxxxxxxxx> > > Cc: "Doc-Uk@xxxxxxxxxxxxxxx" <doc-uk@xxxxxxxxxxxxxxx> > > Subject: [doc] RE: [DML] Re: Downfall of the DMC? > > > > Its very refreshing for me to read such considered and thoughtful replies > to > > this often referred to subject. Living in the UK I get very sensitive to > all > > the " conspiracy theories" often put about on this subject. > > DOC UK Website: www.delorean.co.uk > Unsubscribe: doc-uk-unsubscribe@xxxxxxxxxxxxxxx > ** Unless otherwise stated, all messages posted to the group are assumed > public and may be printed in the club magazine ** > > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ > > > DOC UK Website: www.delorean.co.uk > Unsubscribe: doc-uk-unsubscribe@xxxxxxxxxxxxxxx > ** Unless otherwise stated, all messages posted to the group are assumed public and may be printed in the club magazine ** > > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/