Mark Whitacre
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Mark Whitacre
Mark Edward Whitacre is an American business executive who came to public attention in 1995 when, as president of the Decatur, Illinois-based BioProducts Division at Archer Daniels Midland (ADM), he became the highest-level corporate executive in U.S. history to become a Federal Bureau of Investigation (FBI) whistleblower. For three years (1992–95), Whitacre acted as a cooperating witness for the FBI, which was investigating ADM for price fixing. In the late 1990s Whitacre was sentenced to nine years in federal prison for embezzling $9.5 million from ADM at the same time he was assisting the federal price-fixing investigation. ADM investigated Whitacre's activities and, upon discovering suspicious activity, requested the FBI investigate Whitacre for embezzlement. As a result of $9.5 million in various frauds, Whitacre lost his whistleblower's immunity, and consequently spent eight and a half years in federal prison. He was released in December 2006. Whitacre is currently ...
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Morrow, Ohio
Morrow is a village in Salem Township, Warren County, Ohio, United States. The population was 1,188 at the 2010 census. History Morrow was platted in 1845, when the railroad was extended to that point. The village is named for Jeremiah Morrow, 9th Governor of Ohio. A post office has been in operation at Morrow since 1845. Geography Morrow is located at (39.353116, -84.129594). According to the United States Census Bureau, the village has a total area of , of which is land and is water. Demographics 2010 census As of the census of 2010, there were 1,188 people, 455 households, and 298 families living in the village. The population density was . There were 522 housing units at an average density of . The racial makeup of the village was 96.5% White, 0.4% African American, 0.2% Native American, 0.3% Asian, 0.6% from other races, and 2.0% from two or more races. Hispanic or Latino of any race were 2.0% of the population. There were 455 households, of which 36.3% had childr ...
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Ralston Purina
Ralston Purina Company was a St. Louis, Missouri,–based American conglomerate with substantial holdings in animal feed, food, pet food, consumer products, and entertainment. On December 12, 2001, it merged with Swiss food-giant Nestlé's Friskies division to form Nestlé Purina PetCare Company. History Ralston Purina (originally Ralston-Purina) traces its roots to 1894, when founder William H. Danforth established the animal feed company Purina Mills. Danforth formed a partnership with George Robinson; William Andrews entered the business of feeding farm animals by founding the Robinson-Danforth Commission Company. Its predominant brand for each animal was generally referred to as "Chow"; hence "Purina Horse Chow", "Purina Dog Chow", "Purina Cat Chow", "Purina Rabbit Chow", "Purina Pig Chow", and "Purina Monkey Chow". Later, the company began producing cereal, which received endorsement by Webster Edgerly, founder of Ralstonism, to market Ralston breakfast cereals. Edgerly ...
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Kurt Eichenwald
Kurt Alexander Eichenwald (born June 28, 1961) is an American journalist and a ''New York Times'' bestselling author of five books, one of which, '' The Informant'' (2000), was made into a motion picture in 2009. Formerly he was a senior writer and investigative reporter with ''The New York Times'', Condé Nast's business magazine, ''Portfolio'', and later was a contributing editor with '' Vanity Fair'' and a senior writer with ''Newsweek''. Eichenwald had been employed by ''The New York Times'' since 1986 and primarily covered Wall Street and corporate topics such as insider trading, accounting scandals, and takeovers, but also wrote about a range of issues including terrorism, the Bill Clinton pardon controversy, Federal health care policy, and sexual predators on the Internet. Early life and education Eichenwald was born in 1961. He has stated that he is "Episcopalian with a Jewish father."Eichenwald, Kurt"How Donald Trump Supporters Attack Journalists" ''Newsweek''. October ...
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The Informant (book)
''The Informant: A True Story'' is a nonfiction white-collar crime book written by journalist Kurt Eichenwald and published in 2000 by Random House. It documents the mid-1990s lysine price-fixing conspiracy case and the involvement of Archer Daniels Midland executive Mark Whitacre, inspiring a 2009 film adaptation starring Matt Damon as Whitacre. Summary In the early 1990s, at the agri-business conglomerate Archer Daniels Midland (ADM), Mark Whitacre is a corporate vice president and head of the bio-products division. In November 1992, under pressure from his wife, Whitacre confesses to an FBI agent that he, along with other ADM executives, routinely met with competitors to fix the price of lysine, a food additive. Afterwards, Whitacre assists in gathering evidence against the other conspirators by secretly taping their activities during overseas business meetings. Over the course of three years, the FBI collects hundreds of hours of video and audio tapes documenting the large ...
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C-SPAN
Cable-Satellite Public Affairs Network (C-SPAN ) is an American cable and satellite television network that was created in 1979 by the cable television industry as a nonprofit public service. It televises many proceedings of the United States federal government, as well as other public affairs programming. The C-SPAN network includes the television channels C-SPAN (focusing on the U.S. House of Representatives), C-SPAN2 (focusing on the U.S. Senate), and C-SPAN3 (airing other government hearings and related programming), the radio station WCSP-FM, and a group of websites which provide streaming media and archives of C-SPAN programs. C-SPAN's television channels are available to approximately 100 million cable and satellite households within the United States, while WCSP-FM is broadcast on FM radio in Washington, D.C., and is available throughout the U.S. on SiriusXM, via Internet streaming, and globally through apps for iOS and Android devices. The network televises U.S. poli ...
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The Progressive Populist
''The Progressive Populist'' is a magazine in tabloid newspaper format published twice monthly. Founded in 1995, the magazine is based in Storm Lake, Iowa, with editorial offices in Manchaca, Texas. The editor is James M. Cullen, managing editor is Art Cullen and the publisher is John Cullen. The magazine labels itself as "A Journal from America's Heartland." It deals with political and economic topics of interest to "workers, small businesses, and family farmers and ranchers"; according to its "About" page, the journal "report on issues of interest to the middle class of America." The magazine publishes original and syndicated columns of progressive journalists and pundits. From October 31, 2010, to February 2, 2012, ''The Progressive Populist'' had a partnership with Vicki Nikolaidis to produce an Internet radio show via Blogtalkradio BlogTalkRadio is a web-based platform that allows podcasters and radio sites and talk show hosts to create live and on-demand talk format co ...
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Common Dreams NewsCenter
Common Dreams NewsCenter, often referred to simply as Common Dreams, is a 501(c)(3) nonprofit, U.S.-based news website with a stated goal of serving the progressive community. Common Dreams publishes news stories, editorials, and a newswire of current, breaking news. Common Dreams also re-publishes relevant content from other sources such as the Associated Press and has published writers such as Robert Reich and Molly Ivins. The website also provides links to other relevant columnists, periodicals, radio outlets, news services, and websites. History Inspiration for the name, "Common Dreams", came from the book title, ''The Twilight of Common Dreams: Why America is Wracked by Culture Wars'', written by Todd Gitlin and published in 1995. The nonprofit organization, Common Dreams, was founded in 1996 by political consultant, Craig Brown, and the News Center was launched the following year, in May 1997, by Brown and his wife, Lina Newhouser (1951–2008). Brown, a native of Massachu ...
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United States Department Of Justice
The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United States. It is equivalent to the justice or interior ministries of other countries. The department is headed by the U.S. attorney general, who reports directly to the president of the United States and is a member of the president's Cabinet. The current attorney general is Merrick Garland, who was sworn in on March 11, 2021. The modern incarnation of the Justice Department was formed in 1870 during the Ulysses S. Grant presidency. The department comprises federal law enforcement agencies, including the Federal Bureau of Investigation, the U.S. Marshals Service, the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Drug Enforcement Administration, and the Federal Bureau of Prisons. It also has eight major divisions of lawyers who rep ...
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Kickback (bribery)
A kickback is a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered. Generally speaking, the remuneration (money, goods, or services handed over) is negotiated ahead of time. The kickback varies from other kinds of bribes in that there is implied collusion between agents of the two parties, rather than one party extorting the bribe from the other.Wrage, Alexandra Addison. ''Bribery and Extortion: Undermining Business, Governments, and Security.'' Westport, Conn.: Praeger Security International, 2007. p. 14. The purpose of the kickback is usually to encourage the other party to cooperate in the scheme.Kranacher, Riley, and Wells, p. 387. The term "kickback" comes from colloquial English language, and describes the way a recipient of illegal gain "kicks back" a portion of it to another person for that person's assistance in obtaining it.Campos, p. 299. Types and methods The most common form of kickback involves a vendor sub ...
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Kaplan Fox
Kaplan Fox, also known as Kaplan Fox & Kilsheimer, is an American plaintiffs' law firm. Founded in 1955, the firm employees 39 lawyers in offices in New York, San Francisco, Los Angeles, Chicago, and New Jersey. In 2014, ''The New York Times'' wrote that Kaplan Fox was part of "a flourishing industry that pairs plaintiffs' lawyers with state attorneys general to sue companies, a collaboration that has set off a furious competition between trial lawyers and corporate lobbyists to influence these officials." The firm has been a major donor to state attorneys general associations, candidates, state party committees, and attorneys general running for governor. In 2020, Kaplan Fox brought class action litigation against financial trading platform Robinhood Markets. Along with another law firm, Kaplan Fox spearheaded coordination among the plaintiffs' firms that filed various class action lawsuits, urging the firms to consolidate in federal court. They asked U.S. District Judge James D ...
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Bankrate
Bankrate, LLC is a consumer financial services company based in New York City. Bankrate.com, perhaps its best-known brand, is a personal finance website. As of November 8, 2017, it became a subsidiary of Red Ventures through an acquisition. History Bankrate was founded in 1976 by Robert K. Heady as a print publisher of the "Bank Rate Monitor." In 1996, the company began moving its business online. Today, Bankrate, Inc.'s online network includes Bankrate.com as well as CreditCards.com, Caring.com, Interest.com, Bankaholic.com, Mortgage-calc.com, CreditCardGuide.com, ThePointsGuy.com, Bankrate.com.cn, CreditCards.ca, NetQuote.com, CD.com, Walla.by and Quizzle. The online network received over 150 million visits in 2010. In January 2011, Bankrate completed the acquisition of Trouve Media. In December 2011, Bankrate completed the acquisition of substantially all of the assets of InsWeb Corporation for $65 million in cash. In March 2012, Bankrate acquired InsuranceAgents.com. Afte ...
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Class Action
A class action, also known as a class-action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member or members of that group. The class action originated in the United States and is still predominantly a US phenomenon, but Canada, as well as several European countries with civil law, have made changes in recent years to allow consumer organizations to bring claims on behalf of consumers. Description In a typical class action, a plaintiff sues a defendant or a number of defendants on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party, and all of the parties are present in court. Although standards differ between states and countries, class actions are most common where the allegations usually involve at least 40 people who the same defendant has injured in the same way. Instead of each damaged person brin ...
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