The Informant: A True Story
by
Kurt Eichenwald (Goodreads Author)
"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
...moreKindle Edition
Published
(first published August 28th 2000)
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I attended a continuing legal education event a week ago, at which the author of this book and one of the FBI agents from the book spoke about the case. I left the event determined to read the book straight away - and in any event, before the movie comes out next year.
I had known of this book for some time, and was generally aware it concerned the ADM antitrust price-fixing trial. But I had thought, wrongly as it turned out, that the book was about the trial. In fact, the trial is relegated to...more
I had known of this book for some time, and was generally aware it concerned the ADM antitrust price-fixing trial. But I had thought, wrongly as it turned out, that the book was about the trial. In fact, the trial is relegated to...more
Jun 14, 2008
Tannie Olsen
rated it
3 of 5 stars
·
review of another edition
Recommended to Tannie by:
Co-Worker
This book was a tradeout between me and a friend of mine from work. He got to read "The World is Flat" by Thomas Friedman and I got to read "The Informant". I think he got the better end of the deal.
The Informant is a true story about Archer Daniels Midland (ADM) and their alleged price fixing in a variety of agricultural markets. Mark Whitacre, a top executive of ADM, is the 'informant'. Whitacre assisted the FBI in compiling hundreds of audio and video tapes, documenting ADM's price fixing wit...more
The Informant is a true story about Archer Daniels Midland (ADM) and their alleged price fixing in a variety of agricultural markets. Mark Whitacre, a top executive of ADM, is the 'informant'. Whitacre assisted the FBI in compiling hundreds of audio and video tapes, documenting ADM's price fixing wit...more
Logistics, logistics, logistics! If you're like me and you love the fine and gory details about massive operations, be they corporate or government, you'll be hard-pressed to go hungry with Eichenwald's comprehensive account of the ADM price-fixing scandal. At least that's the prima facie subject matter: what the book is really about is one of the most vivid and complex characters that I've come across in fiction or non-fiction, the enigmatic Mark Whitacre. Whitacre's frenzied paranoia and intri...more
The author is fairly good at telling an interesting story,
but by the time I got to page 450, I was burned out and went to the last chapter to see how things turned out.
He put in too many descriptions of buildings, etc that really didn't have anything to do with the story.
Also every fart, sneeze, cough and backache by everyone in the book.
Whoever edited the book failed, the story needed to be tighten up.
Only a little about the trial, and because the book was written in 2000, nothing about a...more
but by the time I got to page 450, I was burned out and went to the last chapter to see how things turned out.
He put in too many descriptions of buildings, etc that really didn't have anything to do with the story.
Also every fart, sneeze, cough and backache by everyone in the book.
Whoever edited the book failed, the story needed to be tighten up.
Only a little about the trial, and because the book was written in 2000, nothing about a...more
OK, so I know it's a little weird to say i just finished reading a can't-put-it-down book about an anti-trust case featuring Archer Daniel Midland, a grain-producing company in DeKalb, Illinois. Talk about a page turner, huh? To continue with the negative, it's 600 pages long, non-fiction, and besides price fixing, deals with embezzlement and political infighting. Wow, right?
Seriously, I am so impressed with author Kurt Eichenwald that I'm set to read anything he writes. I first read his Enron b...more
Seriously, I am so impressed with author Kurt Eichenwald that I'm set to read anything he writes. I first read his Enron b...more
This book is for those who like true crime and those that enjoy John Grisham. This book is a John Grisham type novel, except that it really did happen. In fact there are similarities to his book, "The Partner". If anyone has read John Harr's novel "Civil Action", which is a true lawyer story, will find this book very much to their liking.
This book is about the executive employees of Archer Daniels Midland Company, or ADM. Although I did not recogfnize this company, it does touch each of our live...more
This book is about the executive employees of Archer Daniels Midland Company, or ADM. Although I did not recogfnize this company, it does touch each of our live...more
As far as business books go, this is well worth a read. The story is ostensibly about global price fixing in an obscure food related industry, but it really is more about the whistle blower and the agents who track and manage him. The "Informant", Mark Whitacre, is a case study in himself, and I found it hard to empathise with him despite quite a sympathetic portrayal by the author. He blithely lies, schemes, betrays and embezzles his way through the book in order to try and hide his numerous fr...more
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A can't-put-it-down book about... antitrust? YES.
The ADM price-fixing case in the late 1990s was unprecedented in terms of scope and evidence. The cooperating witness, Mark Whitacre, spent about three taping meeting and phone calls showing ADM agreeing to fix prices with 4 other companies in the global market for lysine. The ADM fine and evidence led to other prosecutions of price-fixing and law enforcement approaches price-fixing investigations and prosecutions in a completely new way.
But the...more
The ADM price-fixing case in the late 1990s was unprecedented in terms of scope and evidence. The cooperating witness, Mark Whitacre, spent about three taping meeting and phone calls showing ADM agreeing to fix prices with 4 other companies in the global market for lysine. The ADM fine and evidence led to other prosecutions of price-fixing and law enforcement approaches price-fixing investigations and prosecutions in a completely new way.
But the...more
Aug 10, 2011
Jean
rated it
4 of 5 stars
·
review of another edition
Shelves:
big-picture,
true-story
If you suspect big corporations sometimes place profits before ethical and transparent business practices, this book will absolutely confirm that suspicion. I also got an education on things like food additives - or more precisely, biologically engineered things fed to would-be food, like chickens, to make them heavier - and related US and international corporations' price fixing and dirty dealings. This book isn't very stylishly written, but it does march steadily forward with plenty of true de...more
As Eichenwald states in his Afterword, "this is a book about the malleable nature of truth." It is also a thoroughly researched and interestingly recounted history of an international price fixing effort, and its tortured investigation and prosecution. Bothe the self destructive behavior of the cooperating witness within ADM and the political tensions between the FBI and the DOJ buffeted the case throughout and increase the suspense as well as building a sense of empathy for some of the key part...more
Fascinating true story of the main witness in the biggest price-fixing case in the U.S. The first half is the most compelling as Mark Whitacre, the title character, starts to cooperate with the FBI and collect evidence through secret recordings. The second half, once the undercover portion is done, focuses more on how a major case gets stretched and pulled in all directions while winding its way through the bureaucracy. The cast of characters is large, and becomes especially hard to pin down in...more
Are you like to read the books first or see the movie first? I'll admit, I'm a "BOOK FIRST" sort of gal. And so when I saw that this would be made into a movie, I wanted to read it first.
This is the true story (non-fiction whore that I am) about a cooperating witness working with the FBI. However, the "golden informant" that the FBI thinks they have turns out to be so much more than they bargained for.
It's such a tangled story but the author does a great job of telling the story. Giving us just...more
This is the true story (non-fiction whore that I am) about a cooperating witness working with the FBI. However, the "golden informant" that the FBI thinks they have turns out to be so much more than they bargained for.
It's such a tangled story but the author does a great job of telling the story. Giving us just...more
I don't know where to begin describing this book.
It's a big book, and I've been reading it for a couple weeks, and I haven't been able to place my finger on why this book is amazing, or even how to describe it.
The basic description, that makes me yawn, is: a large agriculture company is involved with price-fixing, and an executive turns informant to tell the FBI all about it.
But the informant turns out to be....this is one of the places I get stuck - trying to put into words the largess of Mark...more
It's a big book, and I've been reading it for a couple weeks, and I haven't been able to place my finger on why this book is amazing, or even how to describe it.
The basic description, that makes me yawn, is: a large agriculture company is involved with price-fixing, and an executive turns informant to tell the FBI all about it.
But the informant turns out to be....this is one of the places I get stuck - trying to put into words the largess of Mark...more
FORGET the coy “A true story…based on a tattle tale” cover line, this book is 100 per cent documentary. The Informant reveals, step-by-step, one of the greatest corporate anti-trust cases in American history, exposed by one of the most fascinating and despicable individuals you will ever read about.
When Dr Mark Whitacre contacted the FBI about international price-fixing at Archer Daniels Midland—one of the world’s most influential and politically connected companies—nobody knew (or cared) about...more
When Dr Mark Whitacre contacted the FBI about international price-fixing at Archer Daniels Midland—one of the world’s most influential and politically connected companies—nobody knew (or cared) about...more
I caught a snippet about this true story on NPR one day (complete with the FBI tapes that were recorded through the investigation) and thought it was fascinating. Then I started seeing the previews for the movie, which make the story seem a comedy (which I suppose it is, in a very "real world" way).
The first 200 pages were really tough to get through. So much information to digest, especially if you are not well versed in the business world and it's dealings. But about midway the story really st...more
The first 200 pages were really tough to get through. So much information to digest, especially if you are not well versed in the business world and it's dealings. But about midway the story really st...more
Who knows what makes a read great for some and not so great for others? This non-fiction tale covers several years, involves people from several countries and multiple U.S. government agencies, with twists and turns that I sometimes found hard to follow, and at the center of this stew is a character who could only be real because as a fictional character, no one would believe it!
The level of power the central character achieved, his inscrutable behaviors, and the enormous size and power of the p...more
The level of power the central character achieved, his inscrutable behaviors, and the enormous size and power of the p...more
Amazingly researched and documented tale of Mark Whitacre and ADM, the story being told in the current movie "The Informant!" starring Matt Damon.
Eichenwald takes what could be pretty boring and makes it read like a novel. I honestly couldn't put it down. Best inside-account of true-life business adventure since Barbarians at the Gate (which I also adored). I read this book before I was aware that a movie was being made and thought "this could make a really interesting movie." Guess someone els...more
Eichenwald takes what could be pretty boring and makes it read like a novel. I honestly couldn't put it down. Best inside-account of true-life business adventure since Barbarians at the Gate (which I also adored). I read this book before I was aware that a movie was being made and thought "this could make a really interesting movie." Guess someone els...more
I enjoyed this book enough to give it 3 stars. but I would not put it on my best non-fiction shelf.
I enjoyed the true crime aspects of the case, Kurt Eichenwald did a good job of keeping the suspense up (although the first 150 pages are a bit tedious, and the constant references to Mr. John Grisham could have been left out) as well as his attempts at simplifying the crimes involved for the average reader (don't know much about history, don't know much biology). The beginning prologue is pretty e...more
I enjoyed the true crime aspects of the case, Kurt Eichenwald did a good job of keeping the suspense up (although the first 150 pages are a bit tedious, and the constant references to Mr. John Grisham could have been left out) as well as his attempts at simplifying the crimes involved for the average reader (don't know much about history, don't know much biology). The beginning prologue is pretty e...more
You don’t have to like or understand business to enjoy this book, it reads like a comedic thriller, but it’s true.
Archer Daniels Midlands is one of those companies you always see ads for (often around PBS shows), but probably have little to no idea what they do. Well, I for one now have a much better idea, but I can’t say that I admire them at all—and the US Justice Department and parts of the FBI don’t come off much better! ADM, which advertises itself as "The Supermarket to the World," proces...more
Archer Daniels Midlands is one of those companies you always see ads for (often around PBS shows), but probably have little to no idea what they do. Well, I for one now have a much better idea, but I can’t say that I admire them at all—and the US Justice Department and parts of the FBI don’t come off much better! ADM, which advertises itself as "The Supermarket to the World," proces...more
Very entertaining read...probably even better if you've NOT seen the film
I had seen the film before reading this, and it was still quite engaging. Probably would've been even better if I hadn't. I still tore through it though. The only criticism I could offer is that it became difficult to keep all of the different government factions straight....there are several different groups within the FBI, DoJ etc. and it's difficult to remember who is fighting with whom. Though I guess that is just anoth...more
I had seen the film before reading this, and it was still quite engaging. Probably would've been even better if I hadn't. I still tore through it though. The only criticism I could offer is that it became difficult to keep all of the different government factions straight....there are several different groups within the FBI, DoJ etc. and it's difficult to remember who is fighting with whom. Though I guess that is just anoth...more
I was intrigued to read this book after listening to the "This American Life" story on NPR and seeing the movie. I was hoping to gain more insight into Whiteacre's personality and motivation. The book was very readable despite the density of the subject matter and, for me, provided more fodder for my loathing of the industrial agricultural complex - a complement to the movies Food Inc. and Fresh.
I didn't necessarily gain the insight into the main character I was looking for though I was curious...more
I didn't necessarily gain the insight into the main character I was looking for though I was curious...more
This isn't the type of book I usually read. I'm not that interested in true crime or in corporate America. So it says something in itself that I still gave this book four stars -- and my main criticisms of it may have to do more with the fact that the genre isn't really my cup-of-tea than real shortcomings of the book.
The hardest things to take about this book are its length and its huge cast of characters. There are times when it just felt long, and it's hard to keep all the ADM employees, lawy...more
The hardest things to take about this book are its length and its huge cast of characters. There are times when it just felt long, and it's hard to keep all the ADM employees, lawy...more
Hmmmm...what to say about this one? I think this would be a good book for someone who is interested in business and the world of corporate intrigue, someone who has 'played the corporate game' OR for someone interested in the human psyche and understanding what motivates people. It is a non-fiction story, and if I hadn't listened to it on CD, it would have taken me a long time to plow through it. However, there were MANY jaw-dropping moments that were hard to believe actually happened. As a cons...more
Wow, what a tale. It is simply amazing to find that this is a true story. Having seen the movie previews, I was intrigued and geared for a comedic romp. Hoever, I was pleasantly surprised to find it was no comedy. Although there are definately some chuckles related to Whitacre's befuddling actions, this was a grippingly thorough historical account of his dealings with FBI, the ADM and the other lysine manufacturers.
Eichenwald does such a wonderful job with this fantastically outragous account, t...more
Eichenwald does such a wonderful job with this fantastically outragous account, t...more
One of the finest non fiction piece I ever read, this fine book is a crash course on anti trust laws and the reasons behind them. It is a brilliant piece of novelization of real events that transpired in 1991-1996, when a lone but goofy man decided to turn in his executives in the adminstation level for violating anti trust laws and price fixing. I really learned plenty about how ecomency works even if I have a hard time spelling that word. Brilliant, simply brillant investigative reporting and...more
This review has been hidden because it contains spoilers. To view it,
click here.
This is one of the most engrossing books I've been fortunate enough to read all year. I saw the Steven Soderbergh's adaptation in theatres shortly after it came out, and like I usually do after seeing a movie, I spent a little time reading reviews after I got home. Several of them made some mention of the book, usually pointing out how brilliant it was, enough that I decided to track it down and have a look myself. I'm glad I did.
I think I saw a pull quote that said something along the lines of...more
I think I saw a pull quote that said something along the lines of...more
Feb 15, 2010
Lobstergirl
rated it
4 of 5 stars
·
review of another edition
Shelves:
business-finance
Few people do these massive reconstructions of corporate malfeasance better than Kurt Eichenwald. The ADM price-fixing case (which Eichenwald covered for the New York Times) almost recedes to the background as he details the bizarre shenanigans of cooperating witness and lying sociopath Mark Whitacre, president of the Bioproducts Division. (Archer Daniels Midland - "Supermarket to the World..." is a giant agribusiness company that made America obese with high fructose corn syrup and made our die...more
May 08, 2008
Clif Hostetler
rated it
4 of 5 stars
·
review of another edition
Shelves:
current-events
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 a...more
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 a...more
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updated Jun 17, 2008 02:04pm