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John DeLorean:After his cocaine trial, business collapse,loss of his wife and his reputation! — Transcript

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0:00Yesterday in a Detroit courtroom, John
0:02Delorean pleaded not guilty to swindling
0:04company investors out of $9 million.
0:07This is the continuing saga of a man
0:10whose name alone conjures up visions of
0:12the wealthy and glamorous, as well as
0:14images of a sleek stainless steel sports
0:16car bearing the Delorean name. But the
0:18most indelible impression the public has
0:20of John Delorean is that of Maverick
0:22automotive genius who desperate to save
0:24his failing car company became involved
0:26in what he alleges was a government
0:28engineered cocaine deal. The nation
0:31watched as he was found not guilty in
0:32the most celebrated drug trafficking
0:34trial ever. But the story doesn't end
0:36here. A few days after the verdict was
0:38announced, the picture perfect marriage
0:40of John Delorean to model Christina
0:42Ferrar came to an
0:46end. From media accounts, we are well
0:48aware of the recent events in John
0:49Delorean's life. But most of us know
0:51very little about he came about how he
0:53came to power and became such an
0:54infamous public figure as he is today.
0:57He left General Motors Corporation and
0:59with that he gave up a very private life
1:01that was soon to become a very public
1:02life. Here with us to tell his story is
1:05John Delorean who has just completed his
1:07book entitled Delorean. Good morning to
1:09you John. So you two had an interesting
1:10evening. I'm not sure. I don't remember.
1:13There is so much to know about your life
1:15in order to do this. born in Detroit.
1:17Your father was in the industry. Were
1:19you destined, do you suppose, from day
1:21one to become a part of the industry?
1:22Well, you know, my dad was a factory
1:24worker and really a labor organizer back
1:26in the early days of unionism in the
1:29automobile industry. But, uh, I think
1:31when you are born and raised in Detroit,
1:33it's either you become part of the
1:34industry or you move away. You know,
1:36it's a one industry town. In your 17ome
1:39years at General Motors, what kinds of
1:40innovations do you take credit for?
1:42Well, I don't know about taking credit.
1:43A lot of the things that I worked on are
1:45parts of cars today. You know, the for
1:48example, the frames used in most of the
1:50major cars, a lot of the uh the
1:52concealed windshield wipers, a lot of
1:55the fabrication techniques, a lot of the
1:57safety improvements and minority
1:59involvement. We had did a tremendous
2:02amount of work in minority involvement.
2:04I put in the first black dealer in
2:06Watts. In fact, I ran into his widow. He
2:09died some time back and it was really
2:11amazing. his daughter and and uh she
2:14remembered me very well. You blast
2:17General Motors. Uh not really. Well, you
2:19say that they're shallow in their
2:20policym that they had no forward
2:22thinking uh or planning and that your
2:24job had no substance that you really
2:26found you were more of a paper pusher.
2:27Why in light of some of those things did
2:29you stay all those years? No. I uh I
2:31think what happened is that while I ran
2:33a division that was like being the
2:35quarterback of the Patriots except last
2:37weekend and that was fun. And it was a
2:40challenge every day. It was exciting. Uh
2:42the interesting thing about the
2:44automobile industry is that in a town
2:46like Detroit, you know who your
2:47competition is and every 10 days you see
2:50how you're doing in comparison to them.
2:52You know, you know what's ayakoka doing
2:54to you today or what are you doing to
2:55him. So it's a really intense sense of
2:57competition and the whole organization
3:00feels it. It's a very healthy thing. Let
3:02me ask you a question. All right. I knew
3:04this was going to happen. In a way, it
3:07sounds like in a way like you were set
3:09up to be pushed out of General Motors
3:11and and let me tell you why. At least
3:12from what I've read, there were uh
3:14various people for a variety of reasons.
3:16Roger Keys, who was your boss when you
3:18were running Pontiac Chevrolet Kais,
3:19Roger Kais, he didn't like your dress,
3:22your way of dress, he didn't he thought
3:23you were a womanizer. Richard Terrell,
3:25who succeeded Keys, said quote to you,
3:27John, disappear into the boondocks. Um
3:30then you gave this speech at the
3:31Greenbryer on product quality and it was
3:34leaked by the PR department. You say it
3:36was the rough draft. It pretty much
3:37blasted General Motors and that was kind
3:40of the end for you. Was it true that no
3:43one liked you there, John, that you were
3:44not? No, I think I got along with most
3:47of the people pretty well. Although
3:49there were a few you everybody in every
3:51organization has, you know, some people
3:53on your side and some against. I've
3:55always gotten along very well with my
3:57peers and the people who worked under
3:59me. I've always had a certain amount of
4:01problems and confrontations with my
4:03bosses. That's been the nature of my
4:05life. But your resignation was drawn by
4:07General Motors. Is that unusual for a
4:09man who intends to resign? Were was it a
4:11resignation or were you in fact asked to
4:12leave? No, no. I I left I I tended my
4:15resignation almost immediately after I
4:17was promoted and given a tremendous
4:19bonus. I moved up from uh the head of
4:21Chevrolet to the group executive of
4:23North American Car and Truck Operations.
4:25And I did that about a month spending
4:27every minute and sitting in a committee
4:29meeting listening to the same people say
4:32the same things. And I said, I just
4:33can't imagine doing this for 18 more
4:35years. I can't I couldn't possibly
4:38survive. But just bottom line, weren't
4:39you dissatisfied? There's been so much
4:41in print about your criticism of GM. Can
4:43I just ask you, do you criticize the
4:45company? No. No. I owe everything I have
4:46in the world to General Motors. And what
4:48I when I did the book, I was trying to
4:50be constructive. And that's the reason
4:52that the author and I had a problem. You
4:54know, he printed the book without my
4:56permission on a clear day. Yeah. And
4:57then we had a contract. He was supposed
4:59to pay me half of what he got. I think
5:01he's made about a million and a half
5:02bucks. He's never given me a penny. So,
5:04but John, as they say in the automobile
5:06industry, let's shift gears here. We've
5:08heard a lot about your automotive
5:09career, which has been very successful
5:11for the most part, but a lot of people
5:12are interested and intrigued by your
5:15personal life and your image and
5:16lifestyle. And one of the corporate
5:18grains, I guess, that you cut against
5:20there at GM was that you liked younger
5:22women, beautiful women. You were
5:24flamboyant. You dyed your hair. You lost
5:26weight. You had cosmetic surgery. Any of
5:29these things true? Well, some of them
5:30are true. Obviously, uh, you know, I
5:34have liked attractive women and, uh, now
5:38I'm reformed. I like ugly women.
5:42But, seriously, did you I like ugly
5:44women, slow cars, and bad food now.
5:47Got that line down, Pat. How did you?
5:49No, not really. But did you have John,
5:51and I don't want to sound like we're
5:52we're interrogating you here because
5:54you've already had that experience with
5:55the best, but did you have a nose job?
5:57Did you have your face lifted? You know,
5:58I had my my nose busted about five times
6:01when I played basketball and I didn't
6:04have a nose job, but I had it
6:05straightened and uh and I had to have
6:08some I had a little work back when I was
6:11a kid. I had a a serious injury to my
6:15jaw and I had a piece of impacted bone
6:16which had to be removed about 18 or 19
6:18years ago. And I had such a horrible
6:21experience that when that happened that
6:23I've really never felt, you know,
6:26impelled to go back and have it
6:28straightened out. And of course, my face
6:29is about half scar tissue now. Well, it
6:31looks okay.
6:33But it's going to last the rest of my
6:35life anyway. That's true. The other
6:36thing that intrigued me about you was
6:39that you said you preferred a certain
6:41kind of woman. A woman that was very
6:43attractive, nonthreatening,
6:45non-challenging, and any woman that was
6:47intelligent threatened you. Do you still
6:49feel that way? No, I I think I realized
6:52that that was a mistake and that somehow
6:55uh psychologically I've been trying to
6:57readjust myself to understand why I felt
7:01that because certainly I met a lot of
7:03very intelligent, intriguing women and I
7:06guess I felt somewhat intimidated by
7:08them and so uh you know today I have a
7:11different attitude although you know
7:13it's I'm going to lose my reputation as
7:15a womanizer if I don't get a date pretty
7:17soon. It's been a year and two months.
7:19Well, that was the other thing about the
7:21GM detractors. They said that you were
7:23indeed a womanizer. You liked women who
7:25a great deal younger than yourself. Um
7:28Liz Kelly, I think Kelly Harmon, the
7:30daughter of Tom Harman. She was what,
7:32about 19? No, she about 22. In fact, I
7:34just saw her in the street the other
7:36day. We But how much younger is she than
7:37you? Uh about 24 years. What was the
7:40reaction at GM? Yeah, it was pretty
7:42although the president at that time Ed
7:44Cole's wife was 25 years younger than
7:46him and my boss that's Dolly Cole,
7:48right? Yeah. And uh and Pete Estus who
7:51was my immediate boss's wife was 24
7:53years younger. So I think that that was
7:55not unusual. You said something in the
7:57Playboy magazine interview that I saw
7:59where a friend of yours said we love you
8:01and we hate you. While they're jumping
8:03into bed with their ugly wives, you're
8:05going to bed. I was a PR director at
8:07Chevy said that, you know, one of the
8:09problems and, you know, I never thought
8:11much about I've never concerned myself
8:13much about what other people think.
8:14Anyhow, really, John? I can't believe
8:16that. That's true. Changing your image,
8:18you're you're in an image business, the
8:19automobile business, you don't care what
8:21other people think. Well, certainly
8:22that's much more true now even than it
8:24was then. But I've always sort of, you
8:26know, believe that if you live your life
8:28the way you should and do the things
8:30that you believe are correct that
8:31everything ultimately will turn out. I
8:33still you're a maverick. Then you really
8:34are a maverick, aren't you? Well, I get
8:37even today I wind up in, for example,
8:39I'm so depressed by what I see going on
8:42in South Africa. It drives me insane.
8:44But uh and those things bother me. I'm
8:47just made that way. That's all. I met
8:49her through the my divorce attorney, as
8:51a matter of fact, who had handled her
8:53divorce. That's how we met. What about
8:56the Christianity? You're born again. A
8:58lot of people say that's what they all
9:01say. They go to jail and they come out
9:03and they're born again. It's a cop, but
9:04it's part of John Delorean's new image.
9:06He's created for himself. Well, I don't
9:09know that. Of course, no true Christian
9:12would say that because that's part of
9:14being a Christian. On the other hand,
9:16it's not unusual. You know, throughout
9:17the Bible, most of the conversions
9:20happened under times of great duress
9:21because when your life is going
9:23perfectly and there's no problem, you
9:25have no tendency to to seek solutions
9:28and particularly those from uh from
9:31Christ. Although today, Christ is the
9:33most important factor in my life and and
9:36I don't care what people think about
9:38that. It's between me and him. But you
9:40do understand that people feel that way.
9:41I mean, I even Chuck Coulson, you talk
9:43about Chuck Coulson in the Playboy
9:45interview, so you know, he's an example
9:47that's been compared to you. Well,
9:49Coulson, I think, is of course, you
9:51know, they everybody said this is a fake
9:53conversion, and it's turned out now. I
9:56think he's finally worn them all down
9:57just over a period of time. But it's
9:59also true in my opinion that he's an
10:01infinitely more relevant human being
10:03today than he was when he was the power
10:05behind the president. The suicide, when
10:08did you think about suicide? Well, I
10:11went through a period of, you know,
10:13feeling pretty morbid about it. My real
10:14concern was a family. The thought of
10:17going through years and years more of
10:20the same aggravation, you know, it's
10:21clear that the government's not going to
10:23let up on me that if uh when we win the
10:25case in Detroit. Now, I'm sure they'll
10:27come back and back and back until I'm
10:29dead. Now, Christina brought you the
10:31Bible, you said. Yes. To the to the
10:33jail. And that's when you pretty much
10:35became born again. Well, what happened
10:37was uh uh for some reason I couldn't
10:40quit reading it. I read it from the
10:42break of day till late at night. And one
10:44of the guards was a seminary student. He
10:47spent a lot of time with me. Uh helped
10:49me, talked about Jesus a lot. And then
10:52eventually I had my experience there in
10:54prison and it was marvelous. What was it
10:55just a moment you thought of suicide?
10:57You didn't really contemplate it for
10:58Well, I wasn't thinking about it that in
11:00prison at all. But what about the effect
11:02on your children? And the one thing that
11:03interested me in reading your book,
11:05John, is how are your children, now you
11:07talk about what a Christian would say or
11:08not say, how are your kids, Zachary and
11:10Katherine, going to feel about you when
11:12they read the things you say about
11:14Christina in the book?
11:17Well, I don't think I treat her badly. I
11:20mean, you know, truth is a truth is a
11:22truth. And I tried to be perfectly
11:24candid really about everything. You
11:25know, I've told parts of my life, but I
11:28mean, I really wart. The public need to
11:30know that, John, about Christina's
11:32so-called attitude and ambitions and how
11:34she fainted in court and later on said,
11:37"See, you said I wasn't a good actress.
11:39I fooled you." I mean, is that Well, as
11:42I said, I just tried to be absolutely
11:44honest about everything. I felt it was
11:45important because the story is a story.
11:48I'm interested in your third child, your
11:50dream to fulfill this this lifelong
11:52dream of yours to have your own your own
11:54company. So you go to uh Europe and is
11:58it true that McKenzie brought him as
12:00consultant by the Brit Brits said
12:02absolutely not feasible. It probably
12:04won't work. But a man named Roger Mason
12:05who was Secretary of State for Northern
12:07Ireland ultimately put up 77 million to
12:09start Delorean Car Company. What went
12:11wrong, John? Well, most of those facts
12:13that you just said are wrong, but we
12:16went to Nor, you know, obviously I'd had
12:19this dream. I wanted to build this uh
12:21automobile company. Uh we went to
12:24Belfast because no one else would have
12:26us in the world. Everybody said it's
12:28inconceivable that in today's day that
12:30any new automobile company could
12:33survive. It's not possible. Who did give
12:34you the money? So we went to Belfast
12:36because nobody else would go to Belfast.
12:38You know Belfast is the the worst. You
12:41tried Puerto Rico first, didn't you? We
12:43went through a whole series of
12:44alternatives and ultimately none of them
12:46worked until we went up there. And the
12:47reason they gave us financial support
12:49was that they put us in a battlefield
12:51between major Catholic and Protestant
12:53developments. And remarkably, and this
12:55is the one real tragedy of that whole
12:58thing, is we built a successful company
13:00in 1981, the only year we were in
13:01business. We made I think like $27
13:04million in the last half of the year.
13:06The only profitable motor company in
13:08Great Britain. Did the Brit British
13:09people British government give you the
13:11money? What happened is under the
13:12Conservative government, we started the
13:14project under not Roger but Roy Mason
13:17who was the Secretary of State under the
13:19Conservative government when the I mean
13:21the Labor when the Conservatives were
13:24elected, they decided not to honor the
13:27contract signed by labor just like the
13:29remember when uh President Carter was in
13:31they start building all those missile
13:33sites in Utah and Nevada when the Reagan
13:35administration came in they changed
13:36their mind. They still own all So you
13:38didn't get $77 million. Oh, we got much
13:40more than that. But we never got the
13:42last part of the contract which was 93
13:44million under the working capital clause
13:46and that put us out of business. When
13:48was that? Well, when was when were we
13:50supposed to get the 97 million? When we
13:52opened the factory which was well we
13:54started in production in about March of
13:571981.
13:58Then um financial arrangement to try to
14:01bail out the company. Well, we when I
14:03knew they weren't going to honor their
14:05contract and that's where my own ego got
14:07in my way because when that happened,
14:09anybody who had intelligence would have
14:11said, hey, if they don't want it to
14:12live, it's not going to live. You might
14:14but why would they want it to live when
14:15ultimately they did in the first place
14:16to stimulate employment? But it was a
14:18different government. It says I just
14:19want But don't they still want to
14:20stimulate government in Belfast? No,
14:22they've been selling off and closing all
14:24the businesses up there. Many of the big
14:26almost every business in Belfast has
14:28been closed. All right. the involvement
14:29with cocaine. Talk about that. Why did
14:32it happen? You say it was Well, it's a
14:34peculiar thing because, you know, in my
14:36life, I have never, even to this day,
14:38with the exception of that one suitcase
14:40they threw in front of me, and I'm not
14:41even sure what that was, but I've never
14:43ever seen cocaine, touched cocaine, used
14:46cocaine, or been in the presence of
14:47anybody who's ever used it. I mean,
14:49that's just not the, you know, the the
14:52social group that we went with are
14:55basically wine and cocktail drinkers and
14:57they don't they just don't use cocaine.
14:58But you say they didn't tell you it was
15:00cocaine. They just said that they had an
15:02arrangement and that you suddenly
15:04thought you were involved with the mob
15:05and you were fighting for your life and
15:06children's lives. Really what happened
15:08is that when the government, the great
15:10British, the the conservative government
15:12elected not to live up to their
15:13contract. I knew I was in financial and
15:15I talked to everybody anywhere in, you
15:18know, any era that came along, anybody
15:20who had the potential to try to save our
15:22company because, as I said, my ego got
15:24in the way. I said, "My name is on this.
15:26I'm not going to let it die." Well, then
15:29I got a call from a man in California
15:32who turned out later to be a government
15:34informant who'd been given
15:36$360,000 tax-free for what he did. And
15:40he he said he had investors. He gave me
15:42a bank reference, one of the largest
15:44banks in California. I talked to the
15:47president. The president of the bank
15:48said, "Yes, this man has an 8 figureure
15:50deposit, which is more than $10 million,
15:52and he has good credit with us, and if
15:55he says it, we'll be glad to help
15:57finance other parts of your company."
15:59Well, that's the guy I started dealing
16:01with among 50 others simultaneously.
16:04Well, then suddenly, about two months
16:06later, he mentioned a subject of
16:08narcotics. I tried to escape and I
16:10couldn't. How what do you mean you tried
16:12to escape? Well, the when they mentioned
16:14it, I said, "Well, you know, I don't
16:16have the money now. No, I can't. In
16:17other words, this commission
16:18arrangement, I just tried to get to get
16:21out of it. When I got out of the room, I
16:22called my attorneys in New York and I
16:24said, I think I've stumbled into a into
16:26a nest of organized crime. And I
16:28described the fact that suddenly what
16:30had started as a legitimate transaction
16:33was turning into an illegal one. And
16:35yet, you've been asked this many times
16:36on that tape. You look relaxed. You're
16:38laughing. You're toasting. You say
16:40people who really know you would know
16:41that's not the real John Delorean. Of
16:42course. Well, I was uh do now the
16:45attorneys advised me three things. They
16:47said first, don't confront them. Go
16:48along with them because at this point,
16:50the alternatives are that or they'll
16:52probably kill you. Number two, don't
16:54make any kind of a deal with them. Don't
16:56take any money. Don't give them any
16:58money and don't enter in any agreement,
17:00which is what I did. And of course,
17:02that's what the jury found. Now, that
17:04tape you have to talk about. That was
17:06totally orchestrated because the
17:08prosecutor had decided I had not
17:10committed any illegal act. and he had no
17:12chance unless they could somehow get me
17:14on tape with, you know, with some
17:16cocaine. So, they they demanded that I
17:19come to California on the threat of my
17:21children's lives. And when I got and I
17:24thought I was dead. That's why I wrote a
17:26letter to my attorneys before I left.
17:27And I said, "Look at in the event of my
17:29death, this should be opened." And this
17:31tells all the people and what they've
17:32done. Just a final question in this
17:34segment. You say that you feel in the
17:36bottom of your heart. I've read you said
17:37this. All right. that you say that
17:39General Motors might have been with the
17:41with the United States government, the
17:43FBI and even the English government in
17:45cahoots that they were threatened by the
17:47Delorean success being a threat to
17:48Corvette. You feel they were all in
17:50cahoots together and that's why this
17:52whole thing happened. No, I think what
17:53is absolutely clear is that the British
17:56and the and the US government worked
17:58together because for example during the
18:00times uh of this of this sting operation
18:05uh I had a contract with the British and
18:07it expired and they kept extending it
18:09and they extended it four times and each
18:11time they extended it it coincided
18:14exactly with a meeting with the fake
18:16banker and the but what I don't
18:18understand in closing in the segment and
18:19we'll come back with more. What I don't
18:20understand is why would the British
18:22government on purpose put egg on their
18:24face? Because it is egg on their face.
18:25They closed a plant that gave employment
18:27to people in Northern Ireland. Why would
18:29they fall prey to what the United States
18:31wanted? What you say the United States
18:32wanted? No. No. I think that the British
18:34had made up their mind not to see.
18:36They've been selling off all the
18:37government-owned businesses. They've
18:39sold off. They're selling off British
18:40land, British Airways, British
18:42petroleum, British steel. And they had
18:45elected not to not to do any more
18:48industrial development. And that's the
18:50reason they would not honor the balance
18:52of our contracts because I think I'm
18:55essentially irrelevant. I really can't
18:58imagine that that so many people could
19:00be interested. Well, maybe irrelevant
19:02but not boring. Two technicalities. The
19:04technicality of your aquid. You did not
19:07testify in your own defense yet. You got
19:09an aqu quiddle. Can you explain that?
19:11Yeah. What happened is that almost from
19:13the very beginning of their case, the
19:15the government frame up became clear.
19:18The first witness who testified was an
19:20FBI agent who was caught not only
19:22destroying valuable evidence but
19:24fabricating new evidence. And then it
19:26turned out later that the prosecutor and
19:29the informant had perjured themselves 31
19:31times that the uh every other agent was
19:34caught either backdating documents or
19:36faking evidence that tapes had been
19:38modified and changed. They broke into
19:41houses and stole you know everything. So
19:43their case collapsed in a so but by the
19:44time we got and then a miracle happened
19:48in that one of the case agents on the
19:50case had gotten so offended by the gross
19:53injustice that he resigned and and he
19:56came and he decided to testify for us
19:59and he told the whole story. He said the
20:00prosecutor one night got drunk with $400
20:04worth of taxpayers money. He stood up
20:07and he said I'm going to be on a cover
20:08of Time magazine for nailing this guy.
20:11the technicality of your divorce. But
20:13before that, before I ask you, are you
20:15really divorced? Were you shocked that
20:18she divorced you? Two weeks after the
20:19trial, we saw her standing by you
20:22looking very chic all the time and then
20:23suddenly we read in the papers that
20:25she's divorcing you. Yeah, I was really
20:27shocked. In fact, after going through
20:28the whole trial, you know, which I think
20:31I survived rather well, I went into a
20:34fit of horrible depression. I think I
20:36lost about 35 pounds and three. Oh,
20:39yeah.
20:40Are you really divorced? Because I know
20:42she's remarried to an ABC executive, but
20:44there was some technicality about venue
20:47California, New Jersey. Yeah. Actually,
20:48what the judge in New Jersey found was
20:51that her California divorce was not
20:54valid because she had misrepresented her
20:57residency. And so he found that she they
20:59were that she and I were still married.
21:02Oh, no. She and I were still married and
21:04her new marriage is not valid. But you
21:06know that's those are moot technical
21:09points. You face u the indictments in
21:12Detroit and I know you can't talk about
21:13those but I can talk a little bit about
21:15it. Are you going to take the the stand
21:17in your own defense on this trial? I
21:18believe so. You think you will? Yes. I
21:20was on the phone this morning at 6
21:22o'clock with the London Observer and
21:23they told me something. And they said
21:25that after this that there have been
21:26fraud charges brought in Geneva for
21:28$17.5 million that was paid to GPD, a
21:32company set up that it's claimed was a
21:34Panameanian company with a Swiss account
21:36that was used to bring money back for
21:38your own personal use. Uh Colin Chapman,
21:41who was head of Lotus, has died of a
21:42heart attack. I guess that further that
21:44complicated things and because he he was
21:46part of
21:46GPD. You're aware obviously of these
21:49fraud charges. Are you involved in them?
21:50Will you then go to Geneva to face
21:52charges? Well, the fir you're telling me
21:55the something that I had never heard
21:57before. I never heard of anything over
21:58there. But I have to say this that
22:00first, all of these allegations had been
22:03previously investigated by Scotland Yard
22:05and we have documents from them saying
22:07that there's absolutely no basis in
22:09them. Number two, when I was acquitted
22:11in California after this horrible
22:14embarrassment that the Department of
22:15Justice uh
22:18uh suffered, uh I was told by many, many
22:21people, including agents, that they're
22:23not going to quit. In fact, an agent got
22:25on a phone interview last night on radio
22:27and said said, "You know, when you win
22:29this, that isn't going to be the end of
22:30it. They're going to keep coming after
22:31you to know with your book coming out
22:34that they're bringing this up at the
22:36same time." Well, what's really peculiar
22:37is that grand jury is in its third year
22:40and suddenly the week my book comes out
22:43and I start the book tour so that of
22:45course people like you can try to
22:46humiliate me about this subject, it
22:49suddenly comes up which is completely
22:51illogical. But I will say this uh first
22:53we expect to prove unequivocably that
22:56every single penny was honestly and
22:58legitimately come by. Number two, that
23:01all these charges are absolutely and
23:04totally false. And you know, and
23:07finally, uh uh when you get all through
23:10with it, hopefully somewhere down the
23:13line, they'll leave me alone and let me
23:14have a little You have a new car coming
23:16out. You were quoted in Playboy saying,
23:17"I think there were a lot of things I
23:18did wrong. I think my ultimate sin and
23:20it was really terrible was that I had
23:21this insatiable pride. I really was
23:22insane. Looking back, I see that I only
23:24had arrogance beyond that of any other
23:26human being alive." Will you do it
23:27differently this time, John? Yeah, I
23:28think I'm a different person now. this
23:30experience the the horror of it has been
23:32one thing it's destroyed my life my
23:34family my company and my what my good
23:37name and everything else on the other
23:38hand having found Christ I really am a
23:41different individual and I believe that
23:42I'm going to be a very different person
23:44in the way I conduct all of my affairs
23:46so you don't think 60 is too late no I
23:49don't think so will this new automobile
23:50be handled this whole where will it be
23:52built well we're in the process now the
23:55parts are all in Columbus Ohio the cars
23:58are ready to be assembled and a man down
23:59there has made us a very attractive
24:01arrangement in which he will finance the
24:03the components right to the back door of
24:05the factory until they're sold. So, it's
24:07a really easy deal. There's a movie very
24:09attractive there's a very attractive
24:10offer being made for the movie rights to
24:12your book. Uh, a less serious less heavy
24:16question. John, who do you want to play,
24:17John Delorean?
24:20I don't know. I haven't thought about
24:21that very much. I don't know. It's hard
24:23to tell. I don't think I'd be a good
24:25judge of who should play me.
24:28I got a few people in mind. Do you think
24:30the do you think the John Delorean of
24:31the future will find some happiness and
24:33maybe a sense of internal peace that you
24:34haven't had for quite a while now? Well,
24:36I tell you what shakes you up right now
24:38is that of course uh the only re the
24:40only time I really find peace is of
24:42course I'm like I'm going to LA this
24:44weekend and of course my two kids hug me
24:46and our our little sheep dog jumps up
24:49and licks your face. Suddenly you forget
24:51all of the other things in the world.
24:53But I I pray that someday I will have
24:55some peace and that my children can have
24:57some. Well, John, we really hope that
24:59for you, too. For better or for worse,
25:00whether you're right or wrong, we're not
25:02the ones to judge you. This is John's
25:05new book. It is called Delorean. It is
25:06his explanation of all that he has gone
25:08through. And I promise you, it is
25:10fascinating reading.

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