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

I think this is pretty spot-on.  At DCS 2010, we heard the letter he wrote
to the BTTF producers, thanking them for immortalizing his car.  He would
not have written that letter if he didn't care about his legacy, and at
least in part, the car itself.

But yeah, all signs indicate his driving factors were prestige and fame.
I've never heard of anyone making it big without taking big risks, telling  
few lies, and stepping on toes.  People who do everything the "nice" way  
accomplish anything big.  JZD can be a hero even if he wasn't a saint,  
he was the driving force behind creating something cool that we all enjoy,
even if it was for his own ego.

I think it is absurd to claim he was *only* interested in money, or that
his goal was to steal from others.  Making money is just an aspect of
prestige, and gambling on success is just business.  Lying and manipulating
and illegal dealings to get more money to gamble when it's looking like you
already lost... that's desperation.  It makes him a tragic hero rather than
a champion.

I also don't think you can really say Britain's economy fell because of  
because the story was that most of Ireland was unemployed before DMC  


On Thu, 20 Oct 2011 13:56:25 -0400, jtrealtywebspannet  
<jtrealty@xxxxxxxxxxxxx> wrote:

> 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


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