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Wednesday
Sep232009

This American Life tells the real story of "The Informant!" Mark Whitacre (Audio)

On Saturday, This American Life, hosted by Ira Glass on NPR, re-aired an episode on Mark Whitacre, who served as a double agent for the FBI in one of the largest price fixing scandals in history, but ended up serving a jail sentence three times longer than the executives he blew the whistle on. I highly recommend you go see The Informant! in theaters if you haven’t already; it’s great. According to Ira Glass, this episode actually inspired a screenwriter to adapt Mark Whitacre’s story to the big screen. Whitacre’s tale is told in Kurt Eichenwald’s book: The Informant.

Here’s the link to listen to the MP3, or download it here.

Ira Glass speaks to Whitacre about the price fixing conspiracy at the food company ADM, Archer Daniels Midland, and his cooperation with the FBI in recording over 250 hours of secret video and audio tapes. They even play actual audio from many of the tapes. Price fixing, and its effects, are discussed in detail. I can’t recommend this program enough. Here is a link to This American Life’s website.