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The Informant: A True Story by Kurt Eichenwald
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The Informant: A True Story

by Kurt Eichenwald

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276820,296 (3.96)2
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Broadway (2001), Edition: 1, Paperback, 656 pages

Member:bwsf93
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Tags:history, business, law
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It is a great, smart comedy. It will be confusing but you'll love it!
  JoshuaT. | Oct 2, 2009 |
Good in a 'this is a true story' sort of way, but I couldn't keep track of all the people in the book. Especially once the attorneys joined the employees and agents. I could use a cast list -like those 1950s editions of Shakespeare plays. I seem to pick up a lot of books that are made into movies or tv shows. Was the writers' strike that disabling? ( )
  pilarflores | Sep 30, 2009 |
An insiders view of corporate greed, kickbacks and fraud that reaches internationally. The informant or "cooperating witness" is not everything he seems and displays, among other things, delusional thoughts. An engrossing story.
  Began | Feb 13, 2009 |
This non-fiction story is more interesting than any fictional crime detective story. I feel compelled to be a bit more enthusiastic than usual about this book to overcome the reaction of potential readers who are not interested in a story about price fixing at Archer Daniels Midland (ADM). That may sound boring. Trust me, it’s not!

By the end of the book, you will learn that as of the year 2000 over a billion dollars in fines had been paid worldwide by various food and pharmaceutical companies as a result of the fall-out from this case. Thousands of normally law-abiding people had to be involved over many years for such wide spread price fixing to exist. It took one flawed cooperating witness to expose the crimes to law enforcement. When I use the word “flawed,” this one was a doozy! As multiple layers of lies are peeled back in this story the reader can’t help but wonder just how many more layers can there be?

The story is told from the point of view of the FBI as they investigate the case. A small but interesting part of the story is the internal friction between the FBI and the Department of Justice (DOJ) prosecutors. In this case the FBI appears to be the good guys and the DOJ are a bunch of bumbling idiots. At one point the DOJ appears to be guilty of trying to obstruct justice in response to political pressure. It’s too bad the author wasn’t able to learn the behind-the-scenes reasons for their actions. It was probably a good example of the effect of the generous political contributions made by ADM.

A runner-up for the Pulitzer Prize, The Informant is a mesmerizing piece of investigative reporting. The foreword to the book says that everything in the book is true including the lies. After finishing the book, I understand the reason for that statement. ( )
  Clif | Jan 14, 2009 |
Incredible story and a true page turner about price fixing and other corporate misdeeds at Archer, Daniels, Midland, a fortune 500 company. Eichenwald does a masterful job to get the reader through the twists and turns of an emotionally complicated and unstable central figure, Mark Whitacre, who becomes the FBI informant and then the target of Justice Dept/FBI probes. Reading Eichenwald's Conspiracy of Fools(the Enron scandal) right before The Informant, and during another decade of corporate greed and misdeeds (mortgage, financial scandals) leaves the reader incredulous and somewhat powerless next to the seemingly systemic and far reaching ability of corporations to skew the landscape and playing field for the rest of us. ( )
  ilovemycat1 | Jan 10, 2009 |
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Book description

Amazon.com (ISBN 0767903269, Hardcover)

"The FBI was ready to take down America's most politically powerful corporation. But there was one thing they didn't count on."

So reads the cover of this high-powered true crime story, an accurate teaser to a bizarre financial scandal with more plot twists than a John Grisham novel. In 1992 the FBI stumbled upon Mark Whitacre, a top executive at the Archer Daniels Midland corporation who was willing to act as a government witness to a vast international price-fixing conspiracy. ADM, which advertises itself as "The Supermarket to the World," processes grains and other farm staples into oils, flours, and fibers for products that fill America's shelves, from Jell-O pudding to StarKist tuna. The company's chairman and chief executive, Dwayne Andreas, was so influential that he introduced Ronald Reagan to Mikhail Gorbachev, and it was his maneuvering that ensured that high fructose corn syrup would replace sugar in most foods (ever wondered why Coke and Pepsi don't taste quite like they used to?). There were two mottoes at ADM: "The competitors are our friends, and the customers are our enemies" and "We know when we're lying." And lie they did. With the help of Whitacre, the FBI made hundreds of tapes and videos of ADM executives making price-fixing deals with their corrivals from Japan, Korea, and Canada, all while drinking coffee and laughing about their crimes. The tapes should have cinched the case, but there was one problem: Their star witness was manipulative, deceitful, and unstable. Nothing was as it seemed, and the investigation into one of the most astounding white-collar crime cases in history had only just begun.

Kurt Eichenwald, an investigative reporter, covered the story for The New York Times and interviewed more than 100 participants in the case. He methodically records the six-year investigation, leaving no plot twist or tape transcript unexplored. While his primary focus is on deconstructing the disturbed Whitacre and revealing the malleability of truth, the portrait of ADM (and even the Justice Department) is damning enough to make anyone a cynic. --Lesley Reed

(retrieved from Amazon Fri, 24 Apr 2009 07:58:01 -0400)

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