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But in general, I think people believed what Steinhoff was saying
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Steinheist

But in general, I think peoplebelieved what Steinhoff was saying

But in general, I think people
believed what Steinhoff was saying

Full Transcript

00:00:01.000 --> 00:00:05.119
But in general, I think people believed what Steinhoff was saying.
Duration
6 seconds
Views
24
Timestamp in Movie
00:08:06
Uploaded
Apr 27, 2025
Season
1
Episode
2
Genres
documentary, crime
Production
IdeaCandy

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Movie Summary

The biggest corporate scandal in South African history, the fall of Steinhoff led to a loss of R200 billion. Steinheist untangles the story: the investors who were taken in; the victims and the CEO, Markus Jooste, who's still a fr...
S01 • E03 We're not the kind of a team that sits there and wait for something to happen. - Steinheist 00:05
We're not the kind of a team that sits there and wait f...
S01 • E02 The media believed what Steinhoff was saying. - Steinheist 00:13
The media believed what Steinhoff was saying.
S01 • E03 We have people in the business who've been with us a long time. - Steinheist 00:19
We have people in the business who've been with us a lo...
S01 • E01 Every one of us, we're part of a network, - Steinheist 00:10
Every one of us, we're part of a network,
S01 • E01 And the networks in Stellenbosch emanate from the schools, - Steinheist 00:11
And the networks in Stellenbosch emanate from the schools,
S01 • E02 We as South Africans said, "Not our Markus. They must have it wrong." - Steinheist 00:08
We as South Africans said, "Not our Markus. They must h...
S01 • E03 We did have the resources to go full steam ahead - Steinheist 00:10
We did have the resources to go full steam ahead
S01 • E01 Going to school in Stellenbosch, going to university in Stellenbosch, - Steinheist 00:15
Going to school in Stellenbosch, going to university in Stel...
S01 • E02 And Markus was flying the flag for South Africa in many ways. - Steinheist 00:15
And Markus was flying the flag for South Africa in many ways...
S01 • E01 So Stellenbosch’s role in the economy, - Steinheist 00:09
So Stellenbosch’s role in the economy,
S01 • E03 There were smaller guys, various investors, - Steinheist 00:09
There were smaller guys, various investors,
S01 • E02 And if the analysis that was done made it easier to believe, - Steinheist 00:08
And if the analysis that was done made it easier to believe,
S01 • E03 So, a lot of the guys who had shares in this growing company - Steinheist 00:06
So, a lot of the guys who had shares in this growing company
S01 • E01 So Stellenbosch is one of the oldest towns in South Africa. - Steinheist 00:19
So Stellenbosch is one of the oldest towns in South Africa.
S01 • E03 In total I lost quite a few million from Steinhoff, which is really a lot of money. - Steinheist 00:07
In total I lost quite a few million from Steinhoff, which is...
S01 • E03 Hard-earned money that my wife and I worked for in our various businesses - Steinheist 00:10
Hard-earned money that my wife and I worked for in our vario...
S01 • E02 I believed Steinhoff was a great company. - Steinheist 00:05
I believed Steinhoff was a great company.
S01 • E02 And I read a lot of analyst reports which analysed Steinhoff and recommended a buy. - Steinheist 00:07
And I read a lot of analyst reports which analysed Steinhoff...
S01 • E03 When things go wrong, it's human nature to play the blame game. - Steinheist 00:05
When things go wrong, it's human nature to play the bla...
S01 • E01 It's the place where Afrikaner nationalism, - Steinheist 00:09
It's the place where Afrikaner nationalism,