[DML] Re: DMCH Open House - Haddad speech.

["jtrealtywebspannet" <jtrealty@xxxxxxxxxxxxx>]

The assumption that JZD created DMC just to steal some money from the investors does not make sense. His ego drove him to fashion his own car company and his own brand. That ego would have been (and ultimately was) crushed when the whole thing came apart. No one is saying he is not without blame for what happened but his intentions (as I see them) were to be a successful owner of a large car company. He went to great lengths to try to keep the whole thing going and was so desperate he associated with people he probably knew were trouble. Along the way he probably did step over a lot of bodies, Haddad must have been one of them. Remember, JZD was not running a charitable organization, he was in this for profit. Had it been successful he would have made a LOT of money, that is the way Capitalism works. Unfortunately he gambled big and lost big (along with his investors). Yes, there is a whole lot more to this than the missing $18M. Anyway it must have been interesting to hear Hadadd's story in person. A side note, there was a LOT of collateral damage from the whole affair. Arthur Anderson went bust, Lear Fan went bust, Legend Industries went down, and it can be said the seeds of Britain's economic woes started then.
David Teitelbaum

--- In dmcnews@xxxxxxxxxxxxxxx, Farrar Hudkins <fhudkins@...> wrote:
>
> Let the dead rest, and the past remain the past.
> 
> Farrar Hudkins
> #2613
> 
> -- 
> Sent from my laser-guided nuclear-powered refrigerator, operated by its crew
> of hyperintelligent pandimensional cyborg kittens, controlled remotely via
> telekinetic sonic screwdriver.
> 
> 
> [Non-text portions of this message have been removed]
>




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