Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Mark Whitacre


Related Topics
673

  
  BETRAYAL TOGETHER, THE FEDS AND MARK WHITACRE WON THE BIGGEST PRICE-FIXING CASE EVER. SO WHY HAVE THEY TURNED ON EACH ...
Mark Whitacre, the FBI informant whose covert tape recordings forced Archer Daniels Midland to plead guilty to the costliest criminal price-fixing conspiracy in U.S. history, is blowing his whistle again.
Whitacre, who taped his colleagues at ADM for 22 years, now reveals that he was also spying on his spymasters at the FBI and the Justice Department from 1993 to 1996.
Whitacre says those tapes are no longer in his possession, but sources say that the originals, as well as several sets of copies, still exist.
money.cnn.com /magazines/fortune/fortune_archive/1997/02/03/221557/index.htm   (2117 words)

  
  Mark Whitacre - Wikipedia, the free encyclopedia
Mark Whitacre (born 1957) was an executive at the Archer Daniels Midland Company, where he was the key insider informant responsible for the 1996 conviction of the company in a price fixing conspiracy centered on lysine, an animal feed additive.
When first hired by ADM in 1989 at the age of 32, Whitacre was the youngest divisional president in the history of the company.
The story of the price-fixing conspiracy and the involvement of Whitacre was the subject of The Informant, by Kurt Eichenwald, the New York Times reporter who investigated and reported on the scandal and the prosecution as it unfolded.
www.wikipedia.org /wiki/Mark%2BWhitacre   (249 words)

  
 #019: 01-15-97 - Former ADM Official Mark E. Whitacre Indicted on Criminal Charges   (Site not responding. Last check: 2007-10-26)
Whitacre, a former vice president of Archer Daniels Midland Company, on charges of wire fraud, interstate transportation of stolen property, money laundering, forfeiture, conspiracy, obstruction of justice, and filing false income tax returns, The 45-count indictment was returned in U.S. District Court in Springfield, Illinois.
The indictment charges Whitacre with conducting a scheme to defraud and obtain more than $9 million from his former employer where he served as president of its Bioproducts division and as a vice president of the parent company until the summer of 1995.
Whitacre is awaiting a trial date in that antitrust case.
www.usdoj.gov /opa/pr/1997/January97/019crm.htm   (332 words)

  
 Business - The Enquirer - February 4, 1998   (Site not responding. Last check: 2007-10-26)
Whitacre's plea agreement, he acknowledged that the check was derived from proceeds of the fraud.
Mark Whitacre also is alleged to have transferred other sums to his parents' personal accounts or safe deposit boxes.
Mark Whitacre's parents, who have apparently left Morrow, are presumed to be traveling the country.
www.enquirer.com /editions/1998/02/04/bus_adm04.html   (327 words)

  
 Whitacre P'ship v. Biosignia, Inc., 153 NC App 608 (01-1549) 11/05/2002
Dr. Whitacre and FHT agreed that he would be issued “20% of the outstanding shares of FHT” as part of the consideration for the employment contract.
The Whitacre's bankruptcy petition was voluntarily dismissed by the Whitacres on 12 March 1998.
Dr. Whitacre would not be intentionally manipulating the truth if he was mistaken concerning the legal validity of the restrictions as to the plaintiff at the time of his statements.
www.aoc.state.nc.us /www/public/coa/opinions/2002/011549-1.htm   (3175 words)

  
 CNN.com - Books - Review: 'Informant' exciting tale of corporate intrigue - January 23, 2001
The executive, Mark Whitacre, said that ADM, one of the largest agricultural businesses in the world, was involved in a criminal conspiracy to rig the prices of lysine, an additive for livestock feed.
Mark Whitacre presented himself to the FBI as an honest man forced to conduct business dishonestly by his superiors.
As the story unfolds, Whitacre vacillates between cooperative whistleblower and defensive company man. He harbors the illusion that once his role in exposing criminal conduct at ADM becomes public, he'll be in a position to run the company.
archives.cnn.com /2001/books/reviews/01/23/review.informant   (668 words)

  
 Who Is?
Whitacre's] role as a mole and informant for the Department of Justice (DOJ) in the criminal investigation of ADM, and the coercive and forceful conduct of [Mr.
Whitacre was a vice-president for one of Degussa's divisions in New Jersey.
Whitacre did not have an unusual drop off in his work, and that he was not perceived by others to be overly energetic, or dragging in his pace.
echo.forensicpanel.com /1997/4/1/whois.html   (4400 words)

  
 Rats in the Grain
Whitacre was happy to move back to the Midwest and for three years ecstatic about ADM. The company soon changed the name of the division to BioProducts and rapidly pumped $150 million into it.
Whitacre reported that ADM even had a price-fixing motto: "The competitor is our friend and the customer is our enemy." The phrase stood modern capitalism on its head.
While Whitacre had demonstrated remarkable peaks of high energy in his work, there were no similarly reported valleys of depression or documented lapses of judgment (before the alleged embezzlement scheme) during his schooling, work, or relationships that typify the mental illness.
partners.nytimes.com /books/first/l/lieber-rats.html   (6657 words)

  
 Former ADM aides indicted for price-   (Site not responding. Last check: 2007-10-26)
Mark Whitacre, who secretly recorded conversations between ADM officials and other industry executives for the government, said he would no longer cooperate with prosecutors and plans to plead innocent to the charges.
As recently as October, Whitacre had said he was continuing to cooperate with the Justice Department and planned to plead guilty to price-fixing and other crimes.
Whitacre's turnaround pleased lawyers for his co-defendants, who said it could help their case.
www.lubbockonline.com /news/120496/former.htm   (265 words)

  
 Forbes.com - Magazine Article   (Site not responding. Last check: 2007-10-26)
Mark Whitacre, head of the company's Bioproducts Division, lifted a hand off the steering wheel, giving a slight wave before easing the car past the fence.
Whitacre knew that Wilson was describing the system used by ADM and its competitors to fix prices in the huge market for citric acid.
Whitacre pleaded guilty to fraud, his immunity in the price-fixing case was waived, and he joined Andreas and Wilson at the defendant's table.
www.forbes.com /forbes/2000/0918/6608096a_print.html   (4087 words)

  
 ADM's lawsuit could hurt company
Whitacre can use the lawsuit to air other accusations against ADM, including his assertions that he was fired for his FBI work and that top company officials illegally salted away millions of dollars in overseas bank accounts.
Whitacre says the faked invoices and payments into his overseas bank accounts were approved by top ADM managers as part of an under-the-table bonus plan for company executives.
Whitacre, who pleaded innocent last week to a federal price-fixing indictment, could have problems swaying a jury by arguing the ADM payments were authorized.
www.lubbockonline.com /news/122996/adms.htm   (729 words)

  
 Whitacre Partnership v. Biosignia - North Carolina Personal Injury Lawyers
Plaintiff Whitacre Partnership, an illinois limited partnership (plaintiff or Whitacre Partnership), seeks a declaration establishing its ownership of 1,000,000 shares of common stock in defendant Biosignia, Inc. (defendant or Biosignia).
According to the deposition testimony of Mark E. Whitacre (Whitacre), " he Whitacre Partnership was meant to be a trust fund" for the benefit of the Whitacre children.
The employment agreement reached between Whitacre and FHT on or prior to 1 October 1995 was memorialized in a letter dated 12 October 1995 and signed by both Whitacre and defendant T. Colin Campbell.
www.napil.com /PersonalInjuryCaseLawDetail21253.htm   (579 words)

  
 The Informant: A True Story: Current Amazon U.S.A. One-Edition Data
Mark Whitacre, the promising golden boy of ADM, had put his career and family at risk to wear a wire and deceive his friends and colleagues.
This is the story of Mark Whitacre and Archer-Daniels-Midland, and of a price-fixing case that took years to bring to court but which ultimately, in all its ramifications, netted the US government over a billion dollars in fines.
Mark Whitacre was the executive in charge of their lysine operation, and for reasons that only became completely clear years later he began talking to the FBI in 1992.
www.mobilewebsystems.us /stuff-0767903277.html   (7542 words)

  
 ADM   (Site not responding. Last check: 2007-10-26)
Mark Whitacre, the former undercover FBI informant at Archer Daniels Midland Co., was accused in
Whitacre is charged with wire fraud, filing false tax returns, money laundering, conspiracy, obstruction of justice and interstate transportation of stolen property, the Justice Department said.
Mark Whitacre, a young, highly regarded executive who secretly doubled as an FBI informer for 3 1/2 years.
distance.una.edu /~kabsher/adm.htm   (1622 words)

  
 Mark Whitacre
Mark Whitacre (1964 - February 2002) was the key insider informant responsible for the 1996 conviction of the Archer Daniels Midland[?] Company in a price fixing conspiracy centered on lysine, an animal feed additive.
Convicted and sent to jail, Whitacre was diagnosed with a mild form of schizophrenia in prison, but refused medications or treatment.
The text of this article is licensed under the GFDL.
ebroadcast.com.au /lookup/encyclopedia/ma/Mark_Whitacre.html   (206 words)

  
 [No title]   (Site not responding. Last check: 2007-10-26)
Whitacre and Wilson complain to Mick Andreas that Buffett was asking them for more political donations to Thompson and they were already at their limit.
Whitacre meanwhile claimed that ADM President Jim Randall had approved all the payments as "special bonuses," with the first one timed approximately at the same time Mick Andreas first insisted that he meet and work with Wilson on the lysine pricing matter.
Mark Whitacre, who is now in prison in Springfield, Missouri, says the Justice Department has six tapes under seal, implicating Mr.
www.electricarrow.com /CARP/agbiz/agex-21.html   (2986 words)

  
 Focus on the Corporation   (Site not responding. Last check: 2007-10-26)
The criminal prosecution would never have been launched had it not been for Mark Whitacre, the former ADM vice president who agreed to become a mole for the Federal Bureau of Investigation (FBI) and be wired.
Mark Whitacre was charged with accepting millions of dollars in off-the-books payments from ADM – in effect, stealing from the company.
Whitacre was only fired after ADM learned that he had been working as a mole for the FBI.
www.sfbg.com /focus/96.html   (968 words)

  
 THE INFORMANT--Kurt Eichenwald
Two of the men were well known in town-even their waitress recognized them as Terry Wilson and Mark Whitacre from the nearby ADM headquarters.
Whitacre nodded, his face a seeming mixture of astonishment and confusion.
Whitacre was surprised by how calm he appeared; Wilson knew better.
www.randomhouse.com /features/informant/excerpt.html   (2222 words)

  
 Pulp Nonfiction at Archer Daniels
When the history of American antitrust law is written, Mark Whitacre probably deserves his own chapter.
That meeting marked the first time that a participant in a price-fixing cartel had ever voluntarily tipped off law-enforcement officials about a scheme.
At another juncture, Whitacre gets involved in an odd game of charades as he tries to induce the conspirators to say that they have reached an ''agreement''--a magic word that Justice Dept. lawyers believed must be recorded if they were to have a solid case.
netscape.businessweek.com /2000/00_39/b3700042.htm   (866 words)

  
 Mark Whitacre
Mark Whitacre is best known publicly for his whistleblower role in the ADM price fixing case.
Much of Dr. Whitacre's career has been in the area of biotechnology and microbial fermentation.
Whitacre earned a Ph.D. in Nutritional Biochemistry from Cornell University and holds B.S. and Master's degrees from the Ohio State University.
www.markwhitacre.com /index.html   (135 words)

  
 Mark Whitacre, Ph.D. Joins Management Team at Cypress Systems, Inc.
Mark E. Whitacre's extensive education includes B.S. and Master's degrees from Ohio State University and a Ph.D. in Nutritional Biochemistry from Cornell University where Mark's Ph.D. thesis adviser was a renowned selenium researcher, Dr. G.F. Combs, Jr.
Mark continued his studies after Cornell earning multiple advanced degrees which are listed on the new website.
Mark was a former President of the ADM BioProducts Division.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=109&STORY=/www/story/06-13-2007/0004607223&EDATE=   (902 words)

  
 ccminutes-021014   (Site not responding. Last check: 2007-10-26)
Mark McLiney (SWS Securities, Inc.) addressed Council stating that the City has a bond interest rate of 3.63% locked in and that this is the best interest rate he has seen.
Chief Whitacre stated that TNCP did not rank the task forces as they did in the past, however he believed NET was ranked in the top 25% statewide.
Chief Whitacre stated the City of Marble Falls has been the grantee agency since the inception of NET 10 years ago.
www.ci.marble-falls.tx.us /citycouncil/Minutes/021014.htm   (1438 words)

  
 Mark Whitacre
Whitacre was born in Chillicothe Missouri and went to high school in Hamilton Missouri.
Whitacre received his masters in Mathematics Education from SMSU; where he also teaches during the summer.
Whitacres wife’s name is Patty she sells home interior products.
www.lebanon.k12.mo.us /lhs/departments/math/Mr.%20Whitacre.htm   (180 words)

  
 Minutes of the City Council Regular Meeting on January 25, 2000   (Site not responding. Last check: 2007-10-26)
Chief of Police Mark Whitacre stated that the Capital Area Planning Council (CAPCO) is the recipient of state funds that are to be used in support of 9-1-1 emergency phone systems.
Whitacre has been with the City longer than any of the other Directors, having started work with the City in 1985.
Stoldt stated he is confident of Chief Whitacre's ability to deal with employees and the public in a constructive and effective manner.
www.ci.marble-falls.tx.us /citycouncil/Minutes/cc-000125.htm   (1754 words)

  
 00.16.krebs.html
As readers of The Progressive Populist know, Mark Whitacre, while president of the company's Bioproducts Division, made some 239 surveillance tapes in his three years as an FBI mole (1992-95) while the FBI itself made a number of videotapes of meetings of ADM executives and their international corporate price fixer counterparts.
The fraud aspect of the case centered around the fact that shortly after the FBI raided ADM's offices ADM accused Whitacre of embezzling over $9 million from the company by means of bogus invoices and off-shore accounts and filed suit in Switzerland seeking to recover the funds.
The fact that Whitacre took advantage of such a company was not the block that kept me from believing him completely.
www.populist.com /00.16.krebs.html   (1578 words)

  
 Independent Headlines: Changes in staff announced by Barrett 02/19/99
Mark Whitacre is being promoted to deputy chief of staff for U.S. Rep. Bill Barrett (R-Neb.).
Whitacre, Barrett's legislative director in the Washington, D.C., office, will succeed Bruce Rieker, current deputy chief of staff.
Whitacre, who will assume his new duties on March 1, is from Kearney.
www.theindependent.com /Archive/021999/stories/021999/New_barrett19.html   (416 words)

  
 Amazon.com: Books: Rats in the Grain: The Dirty Tricks and Trials of Archer Daniels Midland, the Supermarket to the ...   (Site not responding. Last check: 2007-10-26)
According to Whitacre, ADM's bizarre unofficial motto was: "The competitor is our friend and the customer is our enemy." Thanks to Whitacre, ADM in 1996 agreed to pay a record antitrust fine of $100 million for price-fixing schemes that cost consumers much more than inflated prices for soft drinks, detergents, poultry and other products.
For example, Whitacre still maintains the nearly $10 million of ADM money he stashed in Switzerland and the Cayman Islands was "off-the-books" bonuses given to him by Michael Andreas with the approval of ADM president James Randall.
The government witness Mark Whitacre is a hero and also a casualty of a corrupt Justice Department.
www.amazon.com /exec/obidos/tg/detail/-/1568582188?v=glance   (2560 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.