Word: loreans
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Charles De Lorean, 56, an Ohio Cadillac dealer who invested $100,000 in his older brother's company, believes that John was "set up" for the drug bust. "It's totally against his ethical and moral character," says Charles. But even more, it seems, the younger De Lorean thinks John is too canny to blunder so badly. "He's not dumb enough to put himself into a situation like that...
Other people who know De Lorean are amazed, and many of them saddened, at his fall. Thomas Murphy, who was GM vice chairman when De Lorean left the company, feels "very sorry for his family, in particular. I'm just glad that I wasn't faced with this kind of temptation." William Collins has known De Lorean since 1958, when they worked together at Pontiac, and until 1979 was vice president of DMC. "I think his fantastic ego just drove him to do almost anything," Collins says. Journalist Wright blames De Lorean's blinding ambition: "He wanted that company...
...Lorean's most telling flaw of all may have been blindness to his flaws. "I haven't failed at anything of importance," he once said. "I am not capable of addressing failure." Yet he may have known that something was wrong. Two years ago, in Ulster, when DMC's prospects were brightest, John De Lorean confessed to a certain gnawing discomfort with himself. "I am not a good example for other people," he said. "I am not a serene person, nor do I have peace of mind. I am not sure...
...biggest moneymaker in Hollywood last year was Colombia," quipped Johnny Carson during the 1981 Oscar awards ceremony. "Not the studio-the country." There is considerable truth in the jest: though used throughout the U.S., cocaine remains an especially apt symbol for the affluent Southern California lifestyle. If John De Lorean's alleged shipment of 220 lbs. had indeed made its way into the Los Angeles marketplace, it would have found buyers...
...more people, even professionals like lawyers and doctors, are dealing drugs. A kilo (2.2 lbs.) of uncut, nearly pure cocaine fresh from South America sells for about $60,000 wholesale in Los Angeles. An amount as large as De Lorean's alleged shipment would normally be purchased by a well-established drug dealer on behalf of a consortium of investors. From that initial buy, the coke can change hands several times, with the drug "cut" or adulterated each time until it is about 20% pure. On a Los Angeles street corner, a gram of coke sells for about...