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Rats in the Grain: The Dirty Tricks and Trials of Archer Daniels Midland, the Supermarket to the World | James B. Lieber | Well done with an important "Afterword"
 
 


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 Rats in the Grain:...  

Rats in the Grain: The Dirty Tricks and Trials of Archer Daniels Midland, the Supermarket to the World
James B. Lieber

Basic Books, 2002 - 432 pages

average customer review:based on 19 reviews
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     highly recommended  highly recommended



Beneath the wholesome image of Archer Daniels Midland lie some of the dirtiest practices in American business: price-fixing, bribery, and cover-ups. Unfolding like a legal thriller, Rats in the Grain portrays the crime and punishment of ADM during the largest white-collar criminal trial of the 1990s. James Lieber profiles the witnesses, the defense lawyers and federal prosecutors, the inner workings of the Justice Department's Antitrust Division, and the unpredictable mole Lieber had access to. "A detailed account of how an influential corporation can go rotten." ? The Cleveland Plain Dealer


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ADM, ... enterprise, punishes whistleblower

Attorney Lieber deserves high praise for his objective, informative presentation of the antitrust criminal case vs. Archer Daniels Midland, the agribusiness giant, that ADM, its powerful lawyers and Clinton's Justice Department did not want published. To his credit, he continued to pursue this case after most reporters backed off and swallowed the dizzying spin and disinformation that ADM's CEO Dwayne Andreas and his aggressive lawyers gave the media, crying crocodile tears as the "victim" of an allegedly deranged ADM executive, Mark Whitacre, who became the FBI's mole, and made hundreds of tapes incriminating ADM executives fixing prices in world markets with their competitors. Lieber correctly smelled the stench of a cover-up and adroitly guides readers to make their own
conclusions after compiling evidence, omissions from court records, and other factors that allow readers to infer that the judicial process was compromised by ADM's widespread political
influence before the trial even began. Although Dwayne Andreas,
the infamous political fixer and king of corporate welfare, got immunity in a highly secretive plea bargain to Justice in 1996,
after ADM agreed to pay a record fine of $100 million, his son
Michael was convicted and imprisoned with Terry Wilson for a
mere 3 years, and Dwayne (thanks to outraged and courageous ADM
shareholders) finally resigned. Tragically, Whitacre was
convicted, fined and sentenced to a harsh term of 9 years
because of ADM's swift retaliation against him as whistleblower, for exposing to the FBI the ... corporate culture of
ADM...(anything goes-but don't get caught-and here's your big
bonus (not reported on books)to keep silent, the unspoken words
being that an employee would be fired and crucified if they
blew the whistle.
Lieber's chilling comment (p. 322)should concern every citizen
or future whistleblower who believes in due process and our rule of law: "It was expected that ADM's attorneys would savage the
snitch. What was highly bizarre in the world of criminal law was the way the Justice Department joined in the frenzy to destroy Whitacre. This was an aberration...the perpetrator was a
politically wired corporation whose law firm- the president's law firm- had unbridled entree and influence at Justice. The
mole's lawyer had none."
Lieber makes a strong case that this American corporate history- "one of the most important antitrust cases of the century"- should be closely examined. Rightly so. Why was the court record sealed, why were key witnesses (e.g., Wayne Brasser) not deposed, who could have validated Whitacre's claims that the hidden bonuses were a quid pro quo for engaging in illegal price-fixing? The author's appendices are very helpful. ADM and Dwayne Andreas not only have lobbied for years to emasculate our antitrust laws (the "Magna Carta" of free enterprise) but know that the massive soft money donations to key politicians can grease not only the wheels of justice, but also ensure that ADM continues to get huge subsidies for ethanol and other favors from Agriculture Dept. (high fructose corn syrup,peanuts) that have cost taxpayers billions of dollars.
Rats in the Grain is highly recommended, and was a difficult book to write because of the case's complexity. James Lieber should be considered for a Pulitzer Prize.


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Well done with an important "Afterword"


Lieber possesses a unique blend of talents to investigate the price fixing trial of the century.

The book chronicles ADM kingmaker Dwayne Andreas's rise to business and political power, charts the evolution of US antitrust law, and dissect's the testimony of key witnesses in the trial.

The chapters on the trial delve into ADM's chief defense: its executives were white-hatted American heroes intent on destroying an "Asian" cartel. You will find the race baiting and "we-are-heroes" defense surreal, especially since audio and video tape caught the conspirators red-handed and potty-mouthed.

Lieber presents shocking evidence to build a solid case that the US Justice Department often subjugated itself to ADM's political power and well-connected attorneys in the prosecution of informant Mark Whitacre for fraud and tax evasion. 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. Lieber provides multi-layered facts that endorse Whitacre's story.

The book's final chapters contain even more revelations: alleged document shredding by ADM chairman Andreas after the June 1995 FBI raid; ADM's hiring prostitutes to help steal competitors' technology; the never investigated role of ADM president James Randall--or Chairman Andreas--in price fixing conspiracies; the Justice Department's refusal to release public documents, and other sordid facts of sex, lies and videotape.

As you will discover in reading this book, justice was plea bargined away and the wishes of the Andreas crime family boss Dwayne were granted, one of which was sending Whitacre to jail for 10 years.

Lieber is to be commended for this historical document which will explain to generations to come how corporate crime destoyed our country.


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Let The Truth Be Known To All

Jim Liebert gets to the truth. Dwayne Andreas and others at ADM are not kind folks. Their ties with murderer/dictator Fidel Castro are real. Their contemptuous involvement with the illegal extraction of Elian Gonzalez from freedom and his subsequent delivery to slavery in Castro's communist prison is also very real. All in the name of appeasment to Castro. These people are stench and deserve to be imprisoned, if not worse. Thank you Mr. Liebert for telling the truth.


What the Right Ignores About the Corporations Running America

I purchased this book back when it first was published, and have recommended it to many people who used to consider themselves to be rightwing conservatives. This book helped convince them that the right was wrong, and supported stealing with both hands, whether it is Corporate Welfare that ADM has taken for buying influence, or altering trade barriers to block out legitimate competitors, or simple illegal price fixing on a global scale, the ADM Corp led the way. Now that ethanol has offerred up a new way to steal from the public trough, ADM is again leading the way with the biggest 'snout' in the Government Trough.


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This story has been told

I have not read this book, but it seems that the publisher's statement here at Amazon should include some mention of what this book can tell us that Kurt Eichenwald's exhaustive, prizewinning book, _The Informant_, does not. Eichenwald's book covers exactly the same material, and Eichenwald (the _New York Times_ reporter who covered the case) had the same access to Whitacre and other sources that Lieber had.

For obvious reasons, I would prefer not to give a "number-of-stars" rating to a book I haven't read. But Amazon demands it, so I've chosen a neutral "three."


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reviews: page 1, 2, 3, 4



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