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What about you and your family trust and everything else?
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Steinheist

What about you and your familytrust and everything else?

What about you and your family
trust and everything else?

Full Transcript

00:00:01.000 --> 00:00:04.399
What about you and your family trust and everything else?
Duration
4 seconds
Views
28
Timestamp in Movie
00:39:12
Uploaded
Apr 29, 2025
Season
1
Episode
3
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 On what day do you want to take the share price? The day before the collapse? - Steinheist 00:05
On what day do you want to take the share price? The day bef...
S01 • E02 But in addition to that, a hedge fund seeks shares - Steinheist 00:08
But in addition to that, a hedge fund seeks shares
S01 • E01 I think they kind of grinned and beared the crass way - Steinheist 00:18
I think they kind of grinned and beared the crass way
S01 • E03 Don't get now disingenuous. On the day of the collapse. - Steinheist 00:05
Don't get now disingenuous. On the day of the collapse.
S01 • E02 And in that way, a hedge fund tries to make money - Steinheist 00:08
And in that way, a hedge fund tries to make money
S01 • E03 Then it is roughly about R3 billion. - Steinheist 00:04
Then it is roughly about R3 billion.
S01 • E03 I would imagine that if I was going to be losing R3 billion, - Steinheist 00:15
I would imagine that if I was going to be losing R3 billion,
S01 • E01 They didn't really query Jooste. - Steinheist 00:15
They didn't really query Jooste.
S01 • E02 In horse racing, people generally bet on the horse they think will win. - Steinheist 00:06
In horse racing, people generally bet on the horse they thin...
S01 • E02 However, you can also bet on that horse losing the race. - Steinheist 00:06
However, you can also bet on that horse losing the race.
S01 • E03 You literally, with all due respect, sir, threw your toys out the cot. - Steinheist 00:05
You literally, with all due respect, sir, threw your toys ou...
S01 • E02 Maybe you've learned something that tells you the horse will struggle. - Steinheist 00:04
Maybe you've learned something that tells you the horse...
S01 • E01 Certainly not regulatory authorities, certainly not his board, - Steinheist 00:12
Certainly not regulatory authorities, certainly not his boar...
S01 • E03 I went through a two-and-a-half-year period, - Steinheist 00:16
I went through a two-and-a-half-year period,
S01 • E02 And if that horse comes last, you'll win your bet. - Steinheist 00:05
And if that horse comes last, you'll win your bet.
S01 • E02 Maybe you have information that the company's financial position - Steinheist 00:09
Maybe you have information that the company's financial...
S01 • E01 If someone like that sweeps into town and brings with him prosperity and wealth, - Steinheist 00:09
If someone like that sweeps into town and brings with him pr...
S01 • E03 And my personal view was - Steinheist 00:13
And my personal view was
S01 • E02 So you decide to take a short position... - Steinheist 00:15
So you decide to take a short position...
S01 • E01 I had a very negative view on Steinhoff and others didn’t. - Steinheist 00:06
I had a very negative view on Steinhoff and others didn’t.