The Informant (book)
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''The Informant: A True Story'' is a
nonfiction Nonfiction, or non-fiction, is any document or media content that attempts, in good faith, to provide information (and sometimes opinions) grounded only in facts and real life, rather than in imagination. Nonfiction is often associated with be ...
white-collar crime The term "white-collar crime" refers to financially motivated, nonviolent or non-directly violent crime committed by individuals, businesses and government professionals. It was first defined by the sociologist Edwin Sutherland in 1939 as "a ...
book written by journalist
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 published in 2000 by
Random House Random House is an American book publisher and the largest general-interest paperback publisher in the world. The company has several independently managed subsidiaries around the world. It is part of Penguin Random House, which is owned by Germ ...
. It documents the mid-1990s
lysine price-fixing conspiracy The lysine price-fixing conspiracy was an organized effort during the mid-1990s to raise the price of the animal feed additive lysine. It involved five companies that had commercialized high-tech fermentation technologies, including American compan ...
case and the involvement of
Archer Daniels Midland The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company operates more than 270 plants and 4 ...
executive
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 i ...
, inspiring a 2009 film adaptation starring
Matt Damon Matthew Paige Damon (; born October 8, 1970) is an American actor, film producer, and screenwriter. Ranked among ''Forbes'' most bankable stars, the films in which he has appeared have collectively earned over $3.88 billion at the North Ameri ...
as Whitacre.


Summary

In the early 1990s, at the
agri-business Agribusiness is the industry, enterprises, and the field of study of value chains in agriculture and in the bio-economy, in which case it is also called bio-business or bio-enterprise. The primary goal of agribusiness is to maximize profit ...
conglomerate
Archer Daniels Midland The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company operates more than 270 plants and 4 ...
(ADM),
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 i ...
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 Lysine (symbol Lys or K) is an α-amino acid that is a precursor to many proteins. It contains an α-amino group (which is in the protonated form under biological conditions), an α-carboxylic acid group (which is in the deprotonated − ...
, 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 largest case of price-fixing in history. Whitacre is revealed to have defrauded $9 million from ADM at the same time he was aiding the FBI. After federal agents stage a raid on ADM, the company hits back with damning evidence against the government's star witness. Whitacre becomes delusional and engages in
pathological lying Pathological lying, also known as ''mythomania'' and ''pseudologia fantastica'', is a chronic behavior in which the person habitually or compulsively lies. These lies often serve no obvious purpose other than to paint oneself as a hero or victi ...
to save himself, leading the FBI to learn that he suffers from
bipolar disorder Bipolar disorder, previously known as manic depression, is a mental disorder characterized by periods of Depression (mood), depression and periods of abnormally elevated Mood (psychology), mood that last from days to weeks each. If the elevat ...
. Worst of all, he gives false stories to the media about being forced to destroy evidence by the FBI. Whitacre becomes extremely manic, stops sleeping, and exhibits bizarre behavior as his meltdown continues. He attempts suicide a few months later, but is saved by his groundskeeper. After seeing the movie ''
The Firm The FIRM (stylized as The FIRM) is a brand of exercise videos and equipment currently owned by Gaiam. The original "The FIRM" videos are best known for popularizing a hybrid of aerobic exercise and weight training. History In 1979, Anna Ben ...
'', Whitacre's delusional fantasy causes him to record and collect his conversations with FBI agents. Because he violated his immunity agreement with the government, Whitacre is charged with price-fixing along with the other ADM conspirators. Whitacre's attorney, James Epstein, successfully convinces the
Justice Department A justice ministry, ministry of justice, or department of justice is a ministry or other government agency in charge of the administration of justice. The ministry or department is often headed by a minister of justice (minister for justice in a ...
officials that the government was culpable for Whitacre's behavior as he was emotionally unprepared for the case. Epstein manages to get a very light sentence for Whitacre. However, Whitacre, unwilling to serve any jail time, fires Epstein. At his trial, Whitacre is convicted and receives a federal prison sentence three times longer than the other conspirators. Whitacre's FBI handlers, along with
Attorney General In most common law jurisdictions, the attorney general or attorney-general (sometimes abbreviated AG or Atty.-Gen) is the main legal advisor to the government. The plural is attorneys general. In some jurisdictions, attorneys general also have exec ...
John Ashcroft John David Ashcroft (born May 9, 1942) is an American lawyer, lobbyist and former politician who served as the 79th U.S. Attorney General in the George W. Bush administration from 2001 to 2005. A former U.S. Senator from Missouri and the 50th ...
, attempt to obtain a presidential pardon for Whitacre. With remarkable support from the FBI and his wife, Whitacre recovers from his mental problems and, after leaving prison, is promoted to COO and president of a California biotechnology company. The guilty parties in the price-fixing conspiracy, including ADM, pay hundreds of millions of dollars in settlements and fines, while several ADM executives serve prison time.


Film adaptation

The book was used as the basis for the movie ''The Informant!'', directed by
Steven Soderbergh Steven Andrew Soderbergh (; born January 14, 1963) is an American film director, producer, screenwriter, cinematographer and editor. A pioneer of modern independent cinema, Soderbergh is an acclaimed and prolific filmmaker. Soderbergh's direct ...
and starring
Matt Damon Matthew Paige Damon (; born October 8, 1970) is an American actor, film producer, and screenwriter. Ranked among ''Forbes'' most bankable stars, the films in which he has appeared have collectively earned over $3.88 billion at the North Ameri ...
as Mark Whitacre.


References


External links


The Informant — Kurt Eichenwald
— official
Random House Random House is an American book publisher and the largest general-interest paperback publisher in the world. The company has several independently managed subsidiaries around the world. It is part of Penguin Random House, which is owned by Germ ...
website
''This American Life'' #168: The Fix Is In
(RealAudio) — interview with
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 i ...
and the book's author,
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 ...
, from ''
This American Life ''This American Life'' (''TAL'') is an American monthly hour-long radio program produced in collaboration with Chicago Public Media and hosted by Ira Glass. It is broadcast on numerous public radio stations in the United States and internati ...
'' {{DEFAULTSORT:Informant (Book) 2000 non-fiction books Agriculture books Archer Daniels Midland American non-fiction books Books about bipolar disorder Books about companies Non-fiction books adapted into films Commercial crimes Ethics books Price fixing convictions Random House books