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John Preston: "Fall: The Mystery of Robert Maxwell" | SALT Talks #192 — Transcript

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  1. 0:02[Music]
  2. 0:07hello everyone and welcome back to salt
  3. 0:09talks my name is john darcy
  4. 0:11i'm the managing director of salt which
  5. 0:13is a global thought leadership forum and
  6. 0:15networking platform
  7. 0:16at the intersection of finance
  8. 0:18technology and public policy
  9. 0:20salt talks are a digital interview
  10. 0:22series with leading investors creators
  11. 0:24and thinkers
  12. 0:25and our goal on these salt talks is the
  13. 0:27same as our goal at our assault
  14. 0:28conferences
  15. 0:29which is to provide a window into the
  16. 0:31mind of subject matter experts
  17. 0:33as well as provide a platform for what
  18. 0:35we think are big and interesting ideas
  19. 0:37that are shaping the future we're very
  20. 0:39excited today to welcome
  21. 0:41an author and and scholar to salt talks
  22. 0:44uh by the name of john preston he's the
  23. 0:46author of many books
  24. 0:47he's also the former arts editor and
  25. 0:49television critic of the sunday
  26. 0:51telegraph
  27. 0:52as i mentioned he's the author of six
  28. 0:53highly acclaimed books including a very
  29. 0:55english scandal which is now a bbc and
  30. 0:57amazon prime tv series
  31. 0:59starring hugh grant and ben wishaw and
  32. 1:02the dig which
  33. 1:03has recently been filmed starring ralph
  34. 1:06fiennis
  35. 1:06carrie mulligan and lily james and his
  36. 1:09most recent book is called fall
  37. 1:11uh it's about the life and death of
  38. 1:13robert maxwell
  39. 1:14who's been in the news because of his
  40. 1:16daughter's travails as well recently
  41. 1:18but hosting today's talk is a big fan of
  42. 1:20mr preston
  43. 1:21and reader of his books anthony
  44. 1:23scaramucci who's the founder and
  45. 1:24managing partner of sky bridge capital
  46. 1:26which is a global alternative investment
  47. 1:28firm
  48. 1:28anthony is also the chairman of salt and
  49. 1:30i'll turn it over to anthony
  50. 1:32to begin the end you know i am loving
  51. 1:34this right now because i'm
  52. 1:35almost 100 confident that you
  53. 1:37mispronounced
  54. 1:38ralph finds his name yeah is that
  55. 1:41correct
  56. 1:42mr president well i gotta tell you don't
  57. 1:44take this badly you both mispronounced
  58. 1:47it
  59. 1:47ray finds fine see that i love that well
  60. 1:50i
  61. 1:51obviously because i'm an italian
  62. 1:53american from long island
  63. 1:54i'm like an expert i mispronounced every
  64. 1:56word that
  65. 1:57i utter in the english language but the
  66. 1:59fact that you
  67. 2:00darcy mispronounced it you know he's
  68. 2:02giving me joy beyond
  69. 2:04comprehension so i'm entering this salt
  70. 2:07talk mr preston in a very good mood
  71. 2:09right now
  72. 2:10excellent but but sir you wrote a
  73. 2:12phenomenal book about
  74. 2:14uh mr maxwell the fall it's it's called
  75. 2:17fall the mysterious life and death of
  76. 2:20robert maxwell um
  77. 2:22i want to start out though with how you
  78. 2:24became an author your odyssey
  79. 2:27i think is an interesting one to uh
  80. 2:29beginning the process of writing these
  81. 2:31books
  82. 2:32uh take us through that arc of your
  83. 2:34career sir
  84. 2:36well i was a journalist for a long time
  85. 2:38and i wrote a few novels
  86. 2:40uh i'd get up very early in the morning
  87. 2:42and write
  88. 2:44for a couple of hours before i went into
  89. 2:45the office and the novels did okay i
  90. 2:48mean they you know
  91. 2:49hardly set the world on fire in terms of
  92. 2:51uh sales
  93. 2:52and then like a lot of print journalists
  94. 2:55you know
  95. 2:55in particularly in the uk but also in
  96. 2:57the us things started to get bad
  97. 3:00and then they got worse and i began to
  98. 3:03think
  99. 3:03hold on i've got to find something else
  100. 3:05to do so
  101. 3:07i thought well you know i can't really
  102. 3:09do anything else apart from right
  103. 3:12so i sat down and i wrote
  104. 3:15a very english scandal which was about
  105. 3:17the jeremy thorpe affair which is a
  106. 3:19big scandal in the 1970s where this man
  107. 3:22who was the leader of the liberal party
  108. 3:24uh was accused of um diverting liberal
  109. 3:29party funds to pay a hit man to bump off
  110. 3:31his
  111. 3:32gay lover and it really kind of went on
  112. 3:34from there and
  113. 3:36i
  114. 3:40i kind of toyed with the idea of maxwell
  115. 3:44for a bit and i couldn't kind of find a
  116. 3:46way in
  117. 3:48and then it just seemed to me that
  118. 3:51you know in the uk 30 years after his
  119. 3:55death he's still
  120. 3:56seen as the as a kind of embodiment of
  121. 3:58corporate villainy
  122. 4:00and i really just wanted to look at him
  123. 4:01again and see if he was quite as black
  124. 4:04as he's been
  125. 4:05painted as and if so why
  126. 4:08and whether he was perhaps a more kind
  127. 4:10of nuanced complex figure
  128. 4:12than people have on the whole given him
  129. 4:14credit for
  130. 4:17so let's go into that because i think
  131. 4:20that this is
  132. 4:21one of the more fascinating things who
  133. 4:24is
  134. 4:24for our we have lots of young viewers
  135. 4:28uh lots of young listeners uh who is
  136. 4:31robert
  137. 4:32maxwell john preston who is robert
  138. 4:34maxwell well
  139. 4:35robert maxwell set out
  140. 4:38to become the greatest media baron
  141. 4:42in the world and he
  142. 4:46very nearly succeeded but in fact
  143. 4:49it was it all went horribly wrong
  144. 4:53but one of the extraordinary things
  145. 4:54about maxwell is that it's
  146. 4:56hard to think of anyone in the 20th
  147. 4:58century who journeyed
  148. 5:00as far from his roots as maxwell did he
  149. 5:03was born
  150. 5:04in a small town in what was then
  151. 5:06czechoslovakia
  152. 5:08his uh his family was jewish there was a
  153. 5:11large jewish
  154. 5:13um population in this um in this town
  155. 5:16and the age of 15 or 16 maxwell goes off
  156. 5:20essentially to seek his fortune and
  157. 5:23whilst he's away it's during the war
  158. 5:26um his parents three of his siblings and
  159. 5:29his grandfather
  160. 5:31all die in auschwitz and that's really
  161. 5:35the prison that you have to look at
  162. 5:37maxwell's
  163. 5:38life through would it have been very
  164. 5:42different
  165. 5:43had that not have happened to him almost
  166. 5:45certainly
  167. 5:46would he have been a better person
  168. 5:49who knows but essentially there was a
  169. 5:52very very dark cloud hanging over him
  170. 5:55from a young age so i have a book here
  171. 5:59uh it's uh it's called fall
  172. 6:03the mysterious life and death of robert
  173. 6:04maxwell britain's most notorious
  174. 6:07media baron there's another media baron
  175. 6:10that is celebrating his 90th birthday
  176. 6:13indeed were they were they rivals john
  177. 6:15and if so of course they were
  178. 6:17describe that rivalry to us they were
  179. 6:20maxwell and rupert
  180. 6:22for people that are paying close
  181. 6:24attention um
  182. 6:26robert maxwell and rupert murdoch were
  183. 6:28locked
  184. 6:29in this titanic struggle for almost 30
  185. 6:32years
  186. 6:34essentially to become the world's
  187. 6:37biggest media baron
  188. 6:39and as maxwell's son ian
  189. 6:42said to me when i was researching the
  190. 6:44book he said you know one of the things
  191. 6:45you have to remember is that
  192. 6:47there was a time when uh my father and i
  193. 6:51my father and rupert murder were the
  194. 6:54only two people on the planet
  195. 6:56breathing the same air and it was as if
  196. 6:58the two of them were kind of slugging it
  197. 7:00out
  198. 7:01on the top of mount everest to become
  199. 7:04you know the greatest
  200. 7:08media figure in the world and and
  201. 7:10murdock
  202. 7:12won every round essentially but in
  203. 7:15seeking
  204. 7:16to prove that he belonged in the same
  205. 7:18arena as murdoch
  206. 7:20maxwell set in chain
  207. 7:24said in train a chain of events that led
  208. 7:27to his own
  209. 7:28kind of physical and mental destruction
  210. 7:31his downfall and ultimately his death
  211. 7:35so but let's go back for a second
  212. 7:37because mr murdoch
  213. 7:39his father was a print media maven in
  214. 7:43australia
  215. 7:44he was already starting to reach out
  216. 7:46away from australia into other
  217. 7:48english-speaking countries uh
  218. 7:51and so i'll say something somewhat
  219. 7:53english hopefully won't be too offensive
  220. 7:55but you guys
  221. 7:56sort of have this aristocracy it seems
  222. 7:58like murdoch started
  223. 8:00from a starting block that was well
  224. 8:02ahead of
  225. 8:03mr maxwell is that fair to say yeah i
  226. 8:06think that's
  227. 8:07true but they were both outsiders
  228. 8:10and they both were not members of the
  229. 8:13british establishment
  230. 8:15uh murdoch
  231. 8:19wasn't jewish which probably helped him
  232. 8:21and although maxwell had changed his
  233. 8:23name
  234. 8:24to something that sounded not remotely
  235. 8:26jewish i think there was quite a lot of
  236. 8:28anti-semitism there particularly in the
  237. 8:30city of london at the time
  238. 8:32but maxwell and murdoch had first
  239. 8:36met in 1963 in australia
  240. 8:40and when i went to see murdoch for the
  241. 8:43book he was
  242. 8:45it was very obliging agreed to see me
  243. 8:48and
  244. 8:49he said that he'd first met maxwell
  245. 8:51maxwell comes to australia
  246. 8:53and he's got this plan that he wants to
  247. 8:55sell encyclopedias
  248. 8:57in australia all over in southeast asia
  249. 9:00and he's looking for a business partner
  250. 9:03and uh and murdock as he admitted was
  251. 9:06kind of spellbound by maxwell he's got
  252. 9:08the gift of the gab he's very
  253. 9:10charismatic
  254. 9:12murdock is just starting out and he
  255. 9:14agrees to become maxwell's business
  256. 9:15partner he's going to pay
  257. 9:17a million australian dollars and
  258. 9:19together they're going to sell these
  259. 9:20encyclopedias
  260. 9:22all over southeast asia and the plan is
  261. 9:25that murdoch is going to come to london
  262. 9:26they'll sign the contract then it'll all
  263. 9:28start
  264. 9:28but before he has a chance to come to
  265. 9:30london murdoch
  266. 9:32has lunch with a friend of his who's a
  267. 9:34publisher in australia
  268. 9:36and he's telling him all about this
  269. 9:37great plan he's got with this
  270. 9:38extraordinary man maxwell that he's met
  271. 9:41and the publisher starts laughing and
  272. 9:43murdock is kind of bemused and he's
  273. 9:44going well what's so funny
  274. 9:46and it turns out that maxwell
  275. 9:50had actually got the encyclopedias were
  276. 9:52bankrupt stock that the publisher had
  277. 9:54given to maxwell for free
  278. 9:56and he was trying to flog them on to
  279. 9:59murdoch for a million dollars
  280. 10:01and as murdock said yeah he was
  281. 10:02obviously trying to con me
  282. 10:04and he was you know a crook and
  283. 10:07as far as murdoch was concerned that you
  284. 10:10know
  285. 10:10he decided he didn't want any more
  286. 10:12anything more to do with maxwell and
  287. 10:13that was going to be it
  288. 10:14and he never expected to see him again
  289. 10:16but in fact
  290. 10:17their fates were entwined from that
  291. 10:20moment on
  292. 10:21and it used to drive murdoch nuts that
  293. 10:24they were always being mentioned in the
  294. 10:25same
  295. 10:26breath and the fact that their initials
  296. 10:28were the same as well
  297. 10:29added a kind of you know another squeeze
  298. 10:32of poison as far as he was concerned
  299. 10:35it's you know it's fascinating there's a
  300. 10:37picture in the book i'm going to hold it
  301. 10:38up here because this is
  302. 10:40an interesting picture it is a picture
  303. 10:43of
  304. 10:43mr murdock and mr maxwell together
  305. 10:47and as you point out in the book that is
  306. 10:49a rare occurrence for the two of them
  307. 10:51to be in the same room together uh
  308. 10:54after that sequence of events that
  309. 10:56you're describing
  310. 10:58um was he a crook
  311. 11:01was mr maxwell a crook uh according to
  312. 11:04your research i think it's a very
  313. 11:08difficult question to answer in a way
  314. 11:11if you look at what happened to maxwell
  315. 11:16in his the early part of his business
  316. 11:19career
  317. 11:19he winds up in berlin in 1946 he's
  318. 11:23helping to run an allied newspaper
  319. 11:26in in berlin designed to kind of uh
  320. 11:30reintroduce germans to the joys of
  321. 11:32democracy
  322. 11:33and this man walks in one day and says
  323. 11:35can you help me and he turns out to be
  324. 11:37the biggest publisher of scientific
  325. 11:39journals in germany
  326. 11:40and nobody has published any scientific
  327. 11:43research in germany during the war
  328. 11:45and this man has a vast backlog of stuff
  329. 11:48that he can't get anyone to publish
  330. 11:50and maxwell's first instinct is to kick
  331. 11:52him out because that's basically
  332. 11:53was always max maxwell's first instinct
  333. 11:55with anybody
  334. 11:56and then he thinks hold on a moment and
  335. 12:00for years as a young man
  336. 12:02he's dreamt of getting hold of this
  337. 12:04commodity
  338. 12:05that's going to be an enormous demand
  339. 12:07after the war that he can get for next
  340. 12:09to no money
  341. 12:11and he suddenly realized my god you know
  342. 12:13the answers just landed in my lap
  343. 12:15and the commodity was knowledge and
  344. 12:18maxwell becomes
  345. 12:20during the 1950s the world's biggest
  346. 12:22publisher of scientific journals
  347. 12:25and he
  348. 12:28always flew pretty close to the wind in
  349. 12:31terms of
  350. 12:32his business career but i think he was
  351. 12:35you know he was a
  352. 12:38he would he well one eye was always sort
  353. 12:41of as it were fixed on his profit
  354. 12:42margins
  355. 12:43the other could occasionally give off an
  356. 12:45unexpectedly
  357. 12:46idealistic glint and i think he did
  358. 12:49strongly believe
  359. 12:51in the virtues and importance of
  360. 12:53scientific research
  361. 12:54it's when he becomes obsessed with
  362. 12:58owning a newspaper and with going
  363. 13:00toe-to-toe with rupert murdoch
  364. 13:03that things really start to go haywire
  365. 13:07and the rot sets in is this
  366. 13:11uh the classic greek
  367. 13:15story of someone that is overreaching is
  368. 13:18this hubris
  369. 13:19is this a lack of self-awareness is this
  370. 13:22just a twist of fate
  371. 13:24that leads to accidental tragedy how do
  372. 13:26you how do you
  373. 13:27uh how would you frame this narrative of
  374. 13:30mr maxwell's life
  375. 13:31i think it's a classic story of hubris i
  376. 13:33mean it's it's a
  377. 13:35it's a terrible morality tale in a way
  378. 13:39of someone for whom
  379. 13:41nothing was ever enough um
  380. 13:44and as maxwell becomes older
  381. 13:48it's as if he's constantly trying to
  382. 13:51grasp this indefinable something that's
  383. 13:54going to give him a sense of completion
  384. 13:56and fulfillment
  385. 13:57and of course it always eludes him and
  386. 14:00money doesn't do it and um
  387. 14:02and and there always is this kind of
  388. 14:05constantly receding horizon and
  389. 14:10the more desperate he becomes the more
  390. 14:14he overreaches himself
  391. 14:16and the more he gets into terrible
  392. 14:18financial trouble
  393. 14:20and uh and the more the
  394. 14:23cracks start to appear
  395. 14:27do you do you think that uh
  396. 14:31that was a suicide is death
  397. 14:35well maxwell
  398. 14:39disappeared off the back of his yacht
  399. 14:42named after his youngest daughter and
  400. 14:44favorite child
  401. 14:46the lady gillam in the early hours of
  402. 14:49the 5th of november 19 years notice how
  403. 14:51he pronounced that i just want to make
  404. 14:52sure you get that right john when you
  405. 14:54come in with the questions okay
  406. 14:55i know that i know that one colleen you
  407. 14:58were saying
  408. 14:58just lane for like a year but it's fine
  409. 15:01go ahead let's go to gelane he's off the
  410. 15:03back of the boat did he say
  411. 15:04he disappeared off the back of the boat
  412. 15:07yeah
  413. 15:08is this in that case no i think
  414. 15:10basically
  415. 15:11that morning he's due to fly back to
  416. 15:14london
  417. 15:14where he's essentially going to be
  418. 15:16facing the equivalent of three firing
  419. 15:18squads he knows by this point
  420. 15:20that the police are after him the
  421. 15:22bankers are after him
  422. 15:23and the mirror pensioners know that he's
  423. 15:25been looting the pension fund
  424. 15:28so there are three possible scenarios
  425. 15:32was he pushed did he jump did he fall
  426. 15:36now there are a lot of people who will
  427. 15:38tell you
  428. 15:40uh without any kind of tremor of doubt
  429. 15:43that he was bumped off usually by
  430. 15:46mossad for so much always the kind of
  431. 15:49front runners and the queue here
  432. 15:50although it's quite a long queue i mean
  433. 15:52and there are certainly a lot of people
  434. 15:53who would be
  435. 15:54very happy to bump maxwell off but
  436. 15:57there's no
  437. 15:58evidence at all that he
  438. 16:02was murdered and if it doesn't really
  439. 16:06make sense i mean why go to the trouble
  440. 16:09of sending a team of
  441. 16:10amphibious hitmen out to the middle
  442. 16:12middle of the atlantic
  443. 16:14to tip him into the sea when maxwell was
  444. 16:16so addicted to
  445. 16:18self-publicity that he practically
  446. 16:20walked around with a target pinned to
  447. 16:21his forehead anyway
  448. 16:23so i think we can safely dismiss murder
  449. 16:28if it was an accident in many respects
  450. 16:31it was an astonishingly fortuitous
  451. 16:33accident
  452. 16:35given that he knew what was going to
  453. 16:38happen to him
  454. 16:40um did he commit suicide well
  455. 16:44certainly i mean interestingly about
  456. 16:47kind of the people i interviewed for the
  457. 16:49book
  458. 16:50pretty much split down the middle rupert
  459. 16:52murdoch for instance
  460. 16:53absolutely convinced no doubt whatsoever
  461. 16:56that maxwell committed suicide
  462. 16:59my own suspicion is that
  463. 17:03the line between an accident and suicide
  464. 17:07might be more blurred than we tend to
  465. 17:09assume
  466. 17:11and i suspect that the answer lies
  467. 17:14somewhere along that line
  468. 17:19okay so so you're not in
  469. 17:22rupert murdoch's camp but you're not
  470. 17:24fully convinced but there's a lot of
  471. 17:26speculation around him being a
  472. 17:28mossad agent a potential double agent or
  473. 17:31an
  474. 17:32agent of the kgb why did people believe
  475. 17:35that to be the case and is there any
  476. 17:36truth to those rumors
  477. 17:39well there was i mean maxwell was
  478. 17:40certainly a spy
  479. 17:43and he was spy for british intelligence
  480. 17:46during the war
  481. 17:48and he had this astonishing capacity to
  482. 17:51pick up languages he spoke i think seven
  483. 17:53languages so when he is in berlin at the
  484. 17:56end of the war berlin is that time
  485. 17:57divided into four zones the french zone
  486. 18:00the american zone the russian zone
  487. 18:03and the british zone i think yep so
  488. 18:06maxwell can move from zone to zone
  489. 18:09and pass himself off as a native so he's
  490. 18:11very very useful to british intelligence
  491. 18:13like that
  492. 18:14and indeed uh the british intelligence
  493. 18:16set him up in business when he comes
  494. 18:19to england at the end of the war
  495. 18:22um i think he probably stopped being a
  496. 18:26spy sometime in the 50s but he carried
  497. 18:29on he
  498. 18:29loved being
  499. 18:33a networker he loved feeling important
  500. 18:37and conveying bits and pieces of
  501. 18:40information
  502. 18:41from one government to another he was
  503. 18:44incredibly well connected he had
  504. 18:45fantastically good contacts
  505. 18:47behind what was then the iron curtain
  506. 18:50because he was doing
  507. 18:51a lot of business in russia at a time
  508. 18:54when virtually no other
  509. 18:56uh western business people were doing
  510. 18:58any business at all
  511. 19:00uh he had very good contacts with the
  512. 19:02israeli government
  513. 19:04um so he was there was no doubt
  514. 19:08that he was a very
  515. 19:11kind of useful pipe through which to
  516. 19:15pass
  517. 19:16information but i don't believe that he
  518. 19:19was a double agent for anybody
  519. 19:21and i don't believe that he was
  520. 19:25a fully paid up agent for anybody either
  521. 19:27i mean indeed you know i mean if
  522. 19:29given them you know one of the kind of
  523. 19:31prime qualifications
  524. 19:34spying is normally something that takes
  525. 19:36place behind a curtain as it were
  526. 19:38maxwell was the complete opposite of
  527. 19:40that he had to dominate any room that he
  528. 19:43set foot in
  529. 19:44so he would have
  530. 19:47in many respects been a terrible
  531. 19:48liability to any government that
  532. 19:51employed him as a spy
  533. 19:52so i think he was used by people to pass
  534. 19:55information back and forth
  535. 19:57but that was pretty much as far as it
  536. 19:58went so no no reason for them
  537. 20:01then to off him then yeah no no
  538. 20:04really not and you know and there's you
  539. 20:06know there's
  540. 20:08stories that he was trying to blackmail
  541. 20:11the israeli government
  542. 20:13um and into kind of bailing him out at a
  543. 20:16time when everything was
  544. 20:18going down the pan but again absolutely
  545. 20:22no evidence to suggest that at all and
  546. 20:25indeed the fact that the israeli
  547. 20:27the israelis pretty much gave him a
  548. 20:28state funeral when he died and buried
  549. 20:31him on the mount of olives
  550. 20:33seems a kind of odd thing to do if
  551. 20:36they've just bumped him off
  552. 20:38so fascinating stuff but he looms
  553. 20:42large even today uh his daughter is now
  554. 20:46in jail she was a close friend
  555. 20:50of alleged conspirator jeffrey epstein
  556. 20:53[Music]
  557. 20:54was her upbringing what was her
  558. 20:56upbringing like and how did that
  559. 20:57association come about
  560. 21:01well i think i think it was
  561. 21:04the strange thing is that actually
  562. 21:07family life
  563. 21:09with the maxwell's uh for quite a long
  564. 21:13time
  565. 21:14was perfectly happy they lived in this
  566. 21:16enormous house
  567. 21:17um on just outside oxford looking out
  568. 21:20over the
  569. 21:21dreaming spies of oxford university the
  570. 21:24maxwell's had nine children
  571. 21:26two of whom died and
  572. 21:31gillane is born in pretty much the same
  573. 21:34week as maxwell's oldest child's
  574. 21:38oldest son who's the heir designate
  575. 21:40michael
  576. 21:41is very badly injured in a car crash
  577. 21:44he's in his teens and he lies in a coma
  578. 21:48for the next seven years
  579. 21:50and then dies and that
  580. 21:53cast this terrible black cloud
  581. 21:56over the maxwell's family life
  582. 22:00and just as maxwell himself had to be
  583. 22:02had been brought up under this terrible
  584. 22:04cloud of what had happened to his own
  585. 22:05family
  586. 22:06i think gillam was brought up under
  587. 22:09a similarly black cloud
  588. 22:13and like all the maxwell children at one
  589. 22:17time or another she worked for his
  590. 22:19father she was she was she was his
  591. 22:21father's favorite i think she was the
  592. 22:22one
  593. 22:24who could
  594. 22:27charm him more easily than the others
  595. 22:32and possibly was less intimidated by him
  596. 22:37the maxwells would have these kind of
  597. 22:41pretty grim sunday lunches
  598. 22:45where they would have to each child
  599. 22:47would have to give a little talk about
  600. 22:49what they'd accomplished that week and
  601. 22:51what they hoped to accomplish in the
  602. 22:52week to come
  603. 22:54and sometimes they'd be asked about kind
  604. 22:55of current affairs
  605. 22:57and another of maxwell's daughter
  606. 22:59described to me the kind of
  607. 23:02fear of watching her the sort of
  608. 23:04searchlight beam of her father's gaze
  609. 23:07move around the table towards her
  610. 23:10and i don't think elaine suffered as
  611. 23:13badly from that perhaps as the others
  612. 23:16um and then when
  613. 23:19her father died she was absolutely
  614. 23:23grief-stricken possibly
  615. 23:25even more so than any of her siblings
  616. 23:29i think she absolutely adored her father
  617. 23:32um and she
  618. 23:36found herself in new york how i mean
  619. 23:40i people have tried to draw analogies
  620. 23:43between
  621. 23:45jeffrey epstein and her father but they
  622. 23:48don't really stack up apart from the
  623. 23:50fact they were both
  624. 23:52extremely wealthy men at one stage
  625. 23:55uh i mean epstein
  626. 23:58was a much more
  627. 24:02shadowy figure than
  628. 24:05maxwell i mean maxwell really was this
  629. 24:08tremendous
  630. 24:09eager maniac whereas you feel with
  631. 24:11epstein
  632. 24:13epstein kind of was happier operating
  633. 24:16underneath the radar
  634. 24:18um and you know
  635. 24:21how she came into epstein's orbit well
  636. 24:24obviously there's been a lot written
  637. 24:25about that
  638. 24:27but you know i'm uh
  639. 24:30one of the people who think that
  640. 24:34it's entirely possible that gillane
  641. 24:37you know she seems to have been tried
  642. 24:39and found guilty by the media
  643. 24:41on both sides of the the atlantic before
  644. 24:45she's stood trial and i believe possibly
  645. 24:48in a rather old-fashioned way that she
  646. 24:50uh deserves a fair trial and who knows
  647. 24:53she may not get off
  648. 24:56yeah well we'll have to we'll have to
  649. 24:57see i i don't know a lot about her um
  650. 25:00as i like to tell my friends in new york
  651. 25:02i didn't start making any money
  652. 25:05until well after jeff epstein's career
  653. 25:07was exposed and over so i don't have any
  654. 25:10thank god any relationship there but it
  655. 25:12does it did seem to be
  656. 25:14that anybody of any profile or wealth
  657. 25:18was somehow ensnared in his web uh do
  658. 25:21you think she was ensnared in his web or
  659. 25:23do you think that she was a
  660. 25:25quote unquote co-conspirator of his i
  661. 25:29the short answer is i don't know and my
  662. 25:32book
  663. 25:33i very carefully stopped
  664. 25:36um before any of that happened because
  665. 25:40yeah i feel it is a different story yeah
  666. 25:43no no
  667. 25:44that's why i'm asking the question
  668. 25:45because i i noticed the
  669. 25:47stoppage here turn it over to the
  670. 25:50millennial you and i are uh
  671. 25:52or baby boomers the millennial is dying
  672. 25:54to ask questions
  673. 25:56tell the truth before the book came out
  674. 25:58did you have any idea who robert maxwell
  675. 26:00was
  676. 26:01i i was probably your i was probably
  677. 26:03your age on the goldman sachs trading
  678. 26:06desk
  679. 26:06where we had done several secondary
  680. 26:09offerings for him
  681. 26:11and goldman actually had to pay a
  682. 26:12settlement to those pensioners john i
  683. 26:14don't
  684. 26:14john preston yeah absolutely yeah indeed
  685. 26:18and so i remember that day vividly
  686. 26:20because there was a dark
  687. 26:21paula over the trading desk the day that
  688. 26:25mr maxwell died
  689. 26:26did you know who he was dorsey i did
  690. 26:28because
  691. 26:29as as any millennial would do i've gone
  692. 26:31down the entire you know he's a foreign
  693. 26:33intelligence agent rabbit hole
  694. 26:35and and jeff epstein and galaine maxwell
  695. 26:38were part of some
  696. 26:39uh honeypot scheme to ensnare
  697. 26:43powerful people around the world uh and
  698. 26:46blackmail them
  699. 26:47which we're not gonna get deep into
  700. 26:49those conspiratorial rabbit holes but
  701. 26:51i i knew about him because of the whole
  702. 26:52galain maxwell thing and
  703. 26:54read up on him but obviously got more
  704. 26:58background through this wonderful book
  705. 27:02but um yeah thank you anthony for
  706. 27:04passing the baton so
  707. 27:06one of the things that i found
  708. 27:07fascinating about robert maxwell uh
  709. 27:09was the similarities he has to to other
  710. 27:12schemers that have existed throughout
  711. 27:14history whether it be frank abagnale
  712. 27:16catch me if you can
  713. 27:18um or or others bernie madoff or or the
  714. 27:221mdb scandal
  715. 27:24where people are able to trick financial
  716. 27:27institutions wealthy investors
  717. 27:29through just uh sheer force of will
  718. 27:32what about his personality and his skill
  719. 27:34set allowed him to do that
  720. 27:36i think well maxwell was a tremendously
  721. 27:39charismatic man he was also very
  722. 27:43intimidating
  723. 27:45so very few people
  724. 27:49in the uk genuinely
  725. 27:52stood up to him a lot of people claimed
  726. 27:55to have stood up to him
  727. 27:57and said that you know i would have no
  728. 27:58truck whatsoever with maxwell in his
  729. 28:00disgraceful ways but
  730. 28:02a lot of them were just rolled over like
  731. 28:04you know complete dummies when maxwell
  732. 28:06was
  733. 28:07actually in their company the
  734. 28:10extraordinary thing
  735. 28:12about one of the many things about
  736. 28:15maxwell's financial affairs
  737. 28:18is that throughout the 1980s he's a kind
  738. 28:22of you know he's become he's a very
  739. 28:24successful
  740. 28:25businessman he has he genuinely has
  741. 28:28money um in the 1980s
  742. 28:32in the beginning in the 1980s
  743. 28:35but as things go on and as he
  744. 28:38overreaches himself
  745. 28:41the very few people ever say well hold
  746. 28:44on a minute
  747. 28:45you know where is this money and if they
  748. 28:48ever did say it
  749. 28:49maxwell would go well it's all sorted
  750. 28:52away
  751. 28:53in liechtenstein and liechtenstein is
  752. 28:55this tiny
  753. 28:56kind of quasi country which is
  754. 28:58essentially a tax haven
  755. 29:01so you put money in liechtenstein and
  756. 29:04nobody can get at it
  757. 29:05so all he ever did was to say well i've
  758. 29:07got billions stashed away in
  759. 29:09liechtenstein and they all believed him
  760. 29:11i mean it was astonishing but i think
  761. 29:14that
  762. 29:14you know there is a big difference
  763. 29:16between someone like maxwell
  764. 29:18and someone like bernie madoff in the
  765. 29:21you know bernie madoff was solely
  766. 29:22interested in lining his own pockets
  767. 29:27maxwell weirdly
  768. 29:32i mean i think he would have actually
  769. 29:34did loot money from the parrot the
  770. 29:35pension funds of the
  771. 29:36of the mirror of mirror newspapers but i
  772. 29:39think he would have paid
  773. 29:40it back if he'd been able to he wasn't
  774. 29:42particularly
  775. 29:43interested in money for the sake of
  776. 29:46money
  777. 29:47he liked to wield power and influence
  778. 29:50but he had virtually no
  779. 29:54interest in possessions apart from his
  780. 29:56yacht the lady gillam which he was very
  781. 29:58fond of
  782. 29:59um but he
  783. 30:05to say he's a kind of you know he's a
  784. 30:08man without a center in a funny sort of
  785. 30:10way
  786. 30:10what did he want you know and you feel
  787. 30:13that maxwell himself didn't really know
  788. 30:15and
  789. 30:15he's just constantly trying to find out
  790. 30:18is it is it like a robert moses
  791. 30:21situation the power broker
  792. 30:22great robert carro book where a man
  793. 30:25maybe starts his life with a certain
  794. 30:26ideological bent but then he takes
  795. 30:29power and it becomes a pursuit of power
  796. 30:31and influence for the sake of it
  797. 30:33i think with maxwell
  798. 30:37idealism and expediency were always
  799. 30:39running along parallel tracks
  800. 30:41so i don't think it was necessarily that
  801. 30:43one took over from the other
  802. 30:44although one certainly did become um you
  803. 30:47know
  804. 30:48supreme as it were um
  805. 30:51i mean i remember when i was when i
  806. 30:54started researching the book
  807. 30:56and when i started writing it
  808. 31:00someone asked me how i was going to do
  809. 31:02it and i said it's like a
  810. 31:04build your own citizen kane kit and it
  811. 31:06really is a bit like that and
  812. 31:08and if you chuck in bits of the great
  813. 31:10gatsby you pretty much got it
  814. 31:12you know you have this extraordinary
  815. 31:17vivid technicolor
  816. 31:20mythological life um and as i said you
  817. 31:23know
  818. 31:24as i said to anthony yeah it is very
  819. 31:25hard to think of anyone in the 20th
  820. 31:27century
  821. 31:27who journeyed as far from his roots as
  822. 31:29maxwell and you have this strange
  823. 31:32feeling the older he becomes it's as if
  824. 31:35the past is kind of constantly snapping
  825. 31:37at his heels
  826. 31:38almost mocking him for what he's
  827. 31:40achieved and basically saying you can
  828. 31:42never escape who you were
  829. 31:47so is this going to be turned into a
  830. 31:49netflix series or a movie or both what's
  831. 31:52the future of this story because it's
  832. 31:53too interesting to not be adapted to the
  833. 31:55screen
  834. 31:56well it's been bought by uh
  835. 31:59uk company working title
  836. 32:02and they plan to turn it into
  837. 32:07a tv series so there's some discussion
  838. 32:10at the moment
  839. 32:12whether you could have one actor
  840. 32:15playing the young robert maxwell who was
  841. 32:20incredibly good-looking i mean rip
  842. 32:21looked kind of like clark gable
  843. 32:24and maxwell the older he got the bigger
  844. 32:27he got
  845. 32:28and i mean really to the point where you
  846. 32:30would need someone in the
  847. 32:32mother of all fat suits to be able to
  848. 32:34play him
  849. 32:35um so but i'm delighted to say that's
  850. 32:37not going to be my problem
  851. 32:43if you start i'm cutting your mic john
  852. 32:46okay he was trying to suggest that i
  853. 32:47could play him without the fat suit
  854. 32:51if you start john i'm cutting your mic i
  855. 32:53saw where you were going with that okay
  856. 32:56no no that is what i'm afraid is
  857. 32:59maxwellian paranoia mr president did you
  858. 33:01hear what he said he said i had a screen
  859. 33:03actors guild card he was already
  860. 33:04starving
  861. 33:05i had to get in there keep going darcy
  862. 33:09go ahead
  863. 33:10he had already started to respond before
  864. 33:12i even said anything uh
  865. 33:14john so your your comment about the
  866. 33:15paranoia is correct but
  867. 33:17um yeah now that that's fascinating
  868. 33:20stuff and we look forward to watching
  869. 33:21that
  870. 33:22necessarily paranoia if people are after
  871. 33:24you just remember that okay
  872. 33:28well we look forward to watching it on
  873. 33:30screen and hope they remain true to your
  874. 33:32wonderful book uh before we let you go
  875. 33:34is there anything else
  876. 33:35interesting that we didn't cover related
  877. 33:37to his life that you think
  878. 33:39was interesting as you did your research
  879. 33:43i think he's a kind of figure
  880. 33:47who foreshadows donald trump in a way
  881. 33:52because they both of them have
  882. 33:55similar kind of crazed
  883. 33:57self-aggrandizements and
  884. 33:59maxwell um as soon as he buys the daily
  885. 34:02mirror in the
  886. 34:03mid 1980s um he re-christens it
  887. 34:06uh his headquarters maxwell house so you
  888. 34:09can see macmillan there's a
  889. 34:10pretty you know short line between
  890. 34:14maxwell house and trump tower
  891. 34:16and trump uh
  892. 34:19maxwell buys the new york daily news at
  893. 34:22the beginning of 1991
  894. 34:24and trump has indeed tried to buy the
  895. 34:26new york daily news on several occasions
  896. 34:29during the 1980s um
  897. 34:32as a springboard for his political
  898. 34:34career
  899. 34:36and trump was kind of fascinated by
  900. 34:39maxwell
  901. 34:40and there's a kind of i remember i
  902. 34:42talked to maxwell's valet
  903. 34:44who said that maxwell once had a party
  904. 34:46on board the lady gillam
  905. 34:48and all these kind of the great and good
  906. 34:49of new york were there including donald
  907. 34:51trump
  908. 34:52and because maxwell was very proud of
  909. 34:54his um there was a cream shag pile
  910. 34:56carpet so all the guests had to take
  911. 34:58their shoes off
  912. 34:59and put these little kind of blue
  913. 35:01plastic booties on that would
  914. 35:03protect the carpet and maxwell's valet
  915. 35:06told me that you know
  916. 35:07maxwell very reluctant that trump very
  917. 35:09reluctantly removed his uh
  918. 35:11shoes but he looked round the yacht with
  919. 35:14this expression of kind of
  920. 35:16awe and envy on his face as if
  921. 35:19maxwell had something that trump lusted
  922. 35:22after but at the time
  923. 35:23hadn't quite got his hands on
  924. 35:26i guess he eventually got his hands on
  925. 35:28it for at least four years
  926. 35:30indeed he did all right well john it's
  927. 35:33fascinating to have you on it's a great
  928. 35:35book
  929. 35:35fall about the life and mysterious death
  930. 35:39of robert maxwell
  931. 35:41anthony you want to hold it up one more
  932. 35:42time the american
  933. 35:44copies the uk and the american version
  934. 35:47but this was a
  935. 35:48uh a great read it reads like a thriller
  936. 35:51john
  937. 35:52uh congratulations on your uh golden
  938. 35:55globe winning
  939. 35:55uh television series as well and uh
  940. 35:59we look forward to your future works
  941. 36:01thank you again for joining us on salt
  942. 36:03talks
  943. 36:04thank you very much indeed and thank you
  944. 36:07everybody for tuning in to today's salt
  945. 36:09talk with author john preston
  946. 36:11just a reminder if you missed any part
  947. 36:12of this talk or any of our previous salt
  948. 36:14talks
  949. 36:15you can access them on our website at
  950. 36:17salt.orgbackslashtalks
  951. 36:19or on our youtube channel which is
  952. 36:20called salttube you can also
  953. 36:22interact with us on social media we're
  954. 36:24most active on twitter at salt
  955. 36:26conference
  956. 36:27but we're also on linkedin instagram and
  957. 36:28facebook and please spread the word to
  958. 36:30your friends about these salt talks we
  959. 36:32love educating
  960. 36:33our community and growing our audience
  961. 36:35as well and on behalf of anthony and the
  962. 36:37entire salt team this is john darcy
  963. 36:39signing off from salt talks for today we
  964. 36:40hope to see you back here soon

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