VIDEO - The rise and fall of Lernout&Hauspie
20/09/10 - The story of two West Flemish businessmen, Jo Lernout and Pol Hauspie, sounds like a fairy tale. The two start their own speech technology company and next conquer Flanders, Belgium and the whole world. But then the dramatic fall starts, with rumours about fraud. Lernout&Hauspie, the pride of West Flanders, goes bankrupt and leaves a big deficit behind. Numerous small investors are left empty-handed. A trial soon gets underway.