The confusion caused by the failed takeover attempt by Parretti of MGM studios caused much anguish among the James Bond producers. They were allegedly so skeptical of Parretti's leadership that Timothy Dalton quit the 007 franchise unwilling to wait until the problems at MGM were resolved, robbing the producers of one of the most promising stars to play the role.
Partetti has many claims to fame - even in his early life he had progressed from being an orphan in Italy to living in London and working at the very prestigious Savoy Hotel, where he served Winston Churchill.