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So if Steinhoff was operating in the global setting
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Steinheist

So if Steinhoff was operatingin the global setting, we wouldn't even own that stock. We...

So if Steinhoff was operating
in the global setting, we wouldn't even own that stock. We had a small allocation
but never stepped it up

Full Transcript

00:00:01.000 --> 00:00:03.044
So if Steinhoff was operating in the global setting,
00:00:03.441 --> 00:00:05.559
we wouldn't even own that stock.
00:00:06.056 --> 00:00:09.999
We had a small allocation but never stepped it up.
Duration
9 seconds
Views
23
Timestamp in Movie
00:30:59
Uploaded
Apr 30, 2025
Season
1
Episode
1
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 I think that there's the old saying, "If good men stay quiet, - Steinheist 00:10
I think that there's the old saying, "If good men ...
S01 • E02 But what we didn't know, what no one knew, - Steinheist 00:13
But what we didn't know, what no one knew,
S01 • E01 He managed to spin the web - Steinheist 00:07
He managed to spin the web
S01 • E03 In Afrikaans we call it, they are "skaamkwaad" - Steinheist 00:07
In Afrikaans we call it, they are "skaamkwaad"
S01 • E01 That it was just extremely difficult - Steinheist 00:14
That it was just extremely difficult
S01 • E02 We really only had little over a year within the Steinhoff structure, - Steinheist 00:15
We really only had little over a year within the Steinhoff s...
S01 • E03 I think it's important that we all put the facts on the table as we believe they are. - Steinheist 00:05
I think it's important that we all put the facts on the...
S01 • E03 I think one of the first building blocks of any good scam - Steinheist 00:14
I think one of the first building blocks of any good scam
S01 • E01 Because of Markus Jooste’s incredible ability to persuade people. - Steinheist 00:05
Because of Markus Jooste’s incredible ability to persuade pe...
S01 • E02 I thought that what I perceived to be their risk and audit measures - Steinheist 00:08
I thought that what I perceived to be their risk and audit m...
S01 • E01 You know? I mean, let's face it, he managed to persuade Christo Wiese. - Steinheist 00:05
You know? I mean, let's face it, he managed to persuade...
S01 • E03 It's true, also, that in any business you must surround yourself - Steinheist 00:09
It's true, also, that in any business you must surround...
S01 • E02 Tekkie Town... - Steinheist 00:17
Tekkie Town...
S01 • E01 When I looked myself in the mirror - Steinheist 00:27
When I looked myself in the mirror
S01 • E03 But I think as this thing grew... Because if you can get away with it once, - Steinheist 00:45
But I think as this thing grew... Because if you can get awa...
S01 • E02 There's obviously a few territories in Europe we are not yet on a global basis, - Steinheist 00:09
There's obviously a few territories in Europe we are no...
S01 • E02 Markus Jooste convinced a number of the big wheeler dealers in Stellenbosch - Steinheist 00:06
Markus Jooste convinced a number of the big wheeler dealers ...
S01 • E01 And thirdly, I'm not going to become a bitter person - Steinheist 00:11
And thirdly, I'm not going to become a bitter person
S01 • E02 Institutions like Allan Gray, Coronation and others who managed pension funds. - Steinheist 00:18
Institutions like Allan Gray, Coronation and others who mana...
S01 • E01 Can I ask, what were your first interactions with Markus Jooste like? - Steinheist 00:05
Can I ask, what were your first interactions with Markus Joo...