Summary The Informant (book)

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in 1990s, @ agri-business conglomerate archer daniels midland (adm), mark whitacre corporate vice president , head of bio-products division. in november 1992, under pressure wife, whitacre confesses fbi agent he, along other adm executives, routinely met competitors fix price of lysine, food additive. afterwards, whitacre assists in gathering evidence against other conspirators secretly taping activities during overseas business meetings. on course of 3 years, fbi collects hundreds of hours of video , audio tapes documenting largest case of price-fixing in history.


whitacre revealed have defrauded $9 million adm @ same time aiding fbi. after federal agents stage raid on adm, company hits damning evidence against government s star witness. whitacre becomes delusional , engages in pathological lying save himself, leading fbi learn suffers bipolar disorder. worst of all, gives false stories media being forced destroy evidence fbi. whitacre becomes extremely manic, stops sleeping, , exhibits bizarre behavior meltdown continues. attempts suicide few months later, saved groundskeeper.


after seeing movie firm, whitacre s delusional fantasy causes him record , collect conversations fbi agents. because violated immunity agreement government, whitacre charged price-fixing along other adm conspirators. whitacre s attorney, james epstein, convinces justice department officials government culpable whitacre s behavior emotional unprepared case. epstein manages light sentence whitacre. however, whitacre, unwilling serve jail time, fires epstein.


at trial, whitacre convicted , receives federal prison sentence 3 times longer other conspirators. whitacre s fbi handlers, along attorney general john ashcroft, attempt obtain presidential pardon whitacre. remarkable support fbi , wife, whitacre recovers mental problems and, after leaving prison, promoted coo , president of california biotechnology company. guilty parties in price-fixing conspiracy, including adm, pay hundreds of millions of dollars in settlements , fines, while several adm executives serve prison time.








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