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March 20, 2005
DeLorean Dead

Automaker John Z. DeLorean died today at age 80. Even though his company ate it in 1983, only lasting 3 years and putting out just 9,000 cars, his name is synonymous with time-travel and a bugged-out Christopher Lloyd.
I didn't know DeLorean crashed and burned so spectacularly:
DeLorean's company collapsed in 1983, a year after he was arrested in Los Angeles, accused in a sting of conspiring to sell $24 million of cocaine to salvage his venture. DeLorean used an entrapment defense to win acquittal on the drug charges in 1984, despite a videotape in which he called a suitcase full of cocaine "good as gold."
John DeLorean, Innovative Automaker, Dies at 80 [NY Times]
Posted by caps at March 20, 2005 03:25 PM