The Nizkor Project: Remembering the Holocaust (Shoah)

Shofar FTP Archive File: people/g/grosvenor.william/press/forbes.890904

"Will wonders never cease?", FORBES, September 4, 1989, Pg. 72. By Joe 

Grosvenor is a developer's worst nightmare: a roving fruitcake armed 
with just enough ammunition to be taken seriously by a journalist from 
out of town.  Identifying himself as a management consultant, though he 
will not divulge which managements require his consultation, Grosvenor 
incessantly bombards journalists all over the U.S. and Canada with 
torrid innuendo about the Ghermezians' connections, the sources of their 
money and criminal investigations into their activities.  Over the 
years, he has mailed or faxed damaging newspaper articles about the 
Ghermezians all around the world, while distributing stickers 
proclaiming: "Edmonton = Ghermezianville.  Don't Invest Here.  Don't 
Even Visit Here." 

Grosvenor does make occasional forays into sanity when he rattles off 
verifiable facts about the Ghermezians' financing problems (they 
unsuccessfully attempted to repackage $ 486 million of their debt three 
years ago).  But this impression of lucidity evaporates when he starts 
making dark suggestions about mysterious visits to Edmonton by Adnan 
Khashoggi and Mario Cuomo, tosses in a few words about the Teamsters and 
wraps it all up by insisting that Triple Five has "absolutely nothing to 
do with the development of the Mall of America." Gee, Bill, if that 
wasn't the Ghermezian brothers down there in Minnesota, who were those 
four Iranian impostors? 

Why does he do it?  Grosvenor originally told FORBES that he had been 
"swindled by Triple Five." But in a more recent conversation, he said, 
"They got several lots rezoned so they could build a lousy strip mall 
next to my house." 

Now, Grosvenor is seeking assistance from Canada's Legal Aid to 
defend a $ 22 million libel suit from the brothers.  The suit came after 
Grosvenor was quoted extensively in an Apr. 14 article in the respected 
German newspaper, Die Zeit, entitled "Money-Laundering or World Wonder?" 

The article, replete with anti-Semitic comments by Grosvenor, was 
published around the time West German authorities were reaching a 
decision on a $ 6.3 billion mall project in Oberhausen, near Dusseldorf.  
The deal withered, and the Ghermezians slapped Grosvenor with the libel 
suit, simultaneously obtaining a gag order.  But Grosvenor blabs on.  A 
lawyer he approached about defending him was clearly taken aback when 
told that his possible client-to-be was still bad-mouthing the 
Ghermezians to the press.  "He's going to end up in jail if this keeps 
up," the lawyer whistles. 


Home ·  Site Map ·  What's New? ·  Search Nizkor

© The Nizkor Project, 1991-2012

This site is intended for educational purposes to teach about the Holocaust and to combat hatred. Any statements or excerpts found on this site are for educational purposes only.

As part of these educational purposes, Nizkor may include on this website materials, such as excerpts from the writings of racists and antisemites. Far from approving these writings, Nizkor condemns them and provides them so that its readers can learn the nature and extent of hate and antisemitic discourse. Nizkor urges the readers of these pages to condemn racist and hate speech in all of its forms and manifestations.