motor company voted to give its boss, hasn't earned his 'performance bonus'.
con men of all time.
The only qualification on such a judgment is that thetarget of De Lorean's con HIST Labour governmen and its dictator in Ireland Roy practically stood on their hind legs and begged to be swindled. That Lorean duly obliged will be to credit capitalism, but really, it has Den 9s as taking candy from a baby.
The saga began in the summer of 1978. De Lorean arrived on Roy Mason's doorstep and asked or a lot or money: that time it was f53m, although TECCIVE much more. De Lorean had an idea. It was to build a 'ethical, sports car made stainless steel, with air bags instead seat DelS something very fancy called clastic reservoir moulding: In That T he De Lorcan promised that eventually employ 9,000 workers.
De Lorean had tried the con in other places. He had been to Michigan, Kansas, Texas, nsylvania, Puerto Rico, Spain, Portugal and France, but no suckers could be found. went to the south of and asked for 237m. but the there decided was too high a risk for the Irish taxpayer'. So, grasping the old confidence trickster's THENE that the more money you ask for the better Chance vou nave of getting it, De Lorcan asked John De Lorean a 'performance bonus' of over $100,000. Although the company announced 1,000 redundancies at its factory in West Belfast last week and now seems to be on the verge of liquidation let none say that John De Lorean For he may well go down in history as one of the most successful Mason for 40 per cent the southern Irish had judged too risky"
De Lorean and his not too smart assistant Don Concannon in a recentive mood. That was when Mason was swaggering around Belfast proclaiming that he had beaten of the IRA. All that was needed to complete the victory was to give Catholics in West Belfast a few inousana joos ana they would return to the friendly bosom of the British family So. in one of the shortest negonaans penoos m nistor only 46 days from start to — Roy Mason signed away the money. Normally in such deals there 1s a amount of accountability written into the contract, but Roy Mason didn't worry about such details.
Only representative was appointed to De Lorean's board and John himself retained the licence to produce the COr that if De Lorean packed his Pen- bags the factory he would leave behind would he forbidden by law to continue to produce the He car. Just to add cake De Lorean demanded that Mason be linked to inflation grants Rov agreed to that one as well. Such then was the John De Lorean CUTE it hardly needs saying John's promises have remained unfulfilled quarter of the 9,000 jobs ever more found Mason COLATE government That meant arrived, the stainless steel car icing to the turned out not to be made of stainless steel after all, and the air bags and elastic reservoir moulding never saw the light of day.
The car did eventually roll off the assembly line - six months later than promised - but it Less than a is ridiculously over-priced and was described by a leading US acceptability".
would be for *the rand a company executive.
John De car journal as 'abysmally short or any commercial standard o personally for De millions Lorcan's claim that the car mysterious 'ethical', the image has now changed as a product Panama.
young bachelor who's made it', in the words of to it.
Lorean has certainly made it. The Daily Mirror revealed last week he has been channelling of pounds firm based in Switzerland but registered in Apparently, nobody knows what this company did for or with the E9m John gave In a socialist country John De Lorean would be thrown in the for the socialist suntry socialist country would have allowed him to operate in the first place. They would have used the money to produce useful products like kidney machines build simple texts on economics and given them to Roy Mason.