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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 Archer Daniels Midland (ADM), Ajinomoto, Kyowa Hakko Kogyo, Sewon America Inc. and Cheil Jedang Ltd. A criminal investigation resulted in fines and three-year prison sentences for three executives of ADM who colluded with the other companies to fix prices. The other four companies settled with the United States Department of Justice Antitrust Division in September through December 1996. Each firm and four executives from the Asian firms pleaded guilty as part of a plea bargain to aid in further investigation against ADM. The cartel had been able to raise lysine prices 70% within their first nine months of cooperation. The investigation yielded $105 million in criminal fines, a record antitrust penalty at the time, including a $70 million fine agai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lysine
Lysine (symbol Lys or K) is an α-amino acid that is a precursor to many proteins. Lysine contains an α-amino group (which is in the protonated form when the lysine is dissolved in water at physiological pH), an α-carboxylic acid group (which is in the deprotonated form when the lysine is dissolved in water at physiological pH), and a side chain (which is partially protonated when the lysine is dissolved in water at physiological pH), and so it is classified as a basic, charged (in water at physiological pH), aliphatic amino acid. It is encoded by the codons AAA and AAG. Like almost all other amino acids, the α-carbon is chiral and lysine may refer to either enantiomer or a racemic mixture of both. For the purpose of this article, lysine will refer to the biologically active enantiomer L-lysine, where the α-carbon is in the ''S'' configuration. The human body cannot synthesize lysine. It is essential in humans and must therefore be obtained from the diet. In orga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Common Dreams
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 Massa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
This American Life
''This American Life'' is a weekly hour-long American 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 internationally, and is also available as a free weekly podcast. Primarily a journalistic non-fiction program, it has also featured essays, memoirs, field recordings, short fiction, and found footage. The first episode aired on November 17, 1995, under the show's original title, ''Your Radio Playhouse''. The series was distributed by Public Radio International until June 2014, when the program became self-distributed with Public Radio Exchange delivering new episodes to public radio stations. A television adaptation of the show ran for two seasons on the Showtime cable network between June 2007 and May 2008. Format Each week's show has a theme, explored in several "acts". On occasion, an entire program will consist of a single act. Each act is produced b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aurora Advisors
An aurora ( aurorae or auroras), also commonly known as the northern lights (aurora borealis) or southern lights (aurora australis), is a natural light display in Earth's sky, predominantly observed in high-latitude regions (around the Arctic and Antarctic). Auroras display dynamic patterns of radiant lights that appear as curtains, rays, spirals or dynamic flickers covering the entire sky. Auroras are the result of disturbances in the Earth's magnetosphere caused by enhanced speeds of solar wind from coronal holes and coronal mass ejections. These disturbances alter the trajectories of charged particles in the magnetospheric plasma. These particles, mainly electrons and protons, precipitate into the upper atmosphere (thermosphere/exosphere). The resulting ionization and excitation of atmospheric constituents emit light of varying color and complexity. The form of the aurora, occurring within bands around both polar regions, is also dependent on the amount of acceleration ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Random House
Random House is an imprint and publishing group of Penguin Random House. Founded in 1927 by businessmen Bennett Cerf and Donald Klopfer as an imprint of Modern Library, it quickly overtook Modern Library as the parent imprint. Over the following decades, a series of acquisitions made it into one of the largest publishers in the United States. In 2013, it was merged with Penguin Group to form Penguin Random House, which is owned by the Germany-based media conglomerate Bertelsmann. Penguin Random House uses its brand for Random House Publishing Group and Random House Children's Books, as well as several imprints. Company history 20th century Random House was founded in 1927 by Bennett Cerf and Donald Klopfer, two years after they acquired the Modern Library imprint from publisher Horace Liveright, which reprints classic works of literature. Cerf is quoted as saying, "We just said we were going to publish a few books on the side at random", which suggested the name Random ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. 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 graduated from St. Mark's School of Texas in Dallas and Swarthmore College. His extracurricular activities during his time at Swarthmore included be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thriller (genre)
Thriller is a genre of fiction with numerous, often overlapping, subgenres, including crime fiction, crime, horror fiction, horror, and detective fiction. Thrillers are characterized and defined by the mood (psychology), moods they elicit, giving their audiences heightened feelings of suspense, Psychomotor agitation, excitement, Surprise (emotion), surprise, anticipation (emotion), anticipation and anxiety. This genre is well suited to Thriller film, film and television. A thriller generally keeps its audience on the "edge of their seats" as the plot builds towards a climax (narrative), climax. The cover-up of important information is a common element. Literary devices such as red herrings, plot twists, unreliable narrators, and cliffhangers are used extensively. A thriller is often a villain-driven plot, whereby they present obstacles that the protagonist or hero must overcome. Roots of the genre date back hundreds of years, but it began to develop as a distinct style in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nonfiction
Non-fiction (or nonfiction) is any document or media content that attempts, in good faith, to convey information only about the real world, rather than being grounded in imagination. Non-fiction typically aims to present topics objectively based on historical, scientific, and empirical information. However, some non-fiction ranges into more subjective territory, including sincerely held opinions on real-world topics. Often referring specifically to prose writing, non-fiction is one of the two fundamental approaches to story and storytelling, in contrast to narrative fiction, which is largely populated by imaginary characters and events. Non-fiction writers can show the reasons and consequences of events, they can compare, contrast, classify, categorise and summarise information, put the facts in a logical or chronological order, infer and reach conclusions about facts, etc. They can use graphic, structural and printed appearance features such as pictures, graphs or char ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 larg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
C-SPAN
Cable-Satellite Public Affairs Network (C-SPAN ) is an American Cable television in the United States, cable and Satellite television in the United States, satellite television network, created in 1979 by the cable television industry as a Non-profit public corporation, nonprofit public service. It televises proceedings of the United States federal government and other public affairs programming. C-SPAN is a private, nonprofit organization funded by its cable and satellite affiliates. It does not have advertisements on any of its television networks or radio stations, nor does it solicit donations or pledges on-air. However their official website has banner advertisements, and streamed videos also have advertisements. The network operates independently; the cable industry and the U.S. Congress have no control over its programming content. 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. Sena ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Graphite
Graphite () is a Crystallinity, crystalline allotrope (form) of the element carbon. It consists of many stacked Layered materials, layers of graphene, typically in excess of hundreds of layers. Graphite occurs naturally and is the most stable form of carbon under standard conditions. Synthetic and natural graphite are consumed on a large scale (1.3million metric tons per year in 2022) for uses in many critical industries including refractories (50%), lithium-ion batteries (18%), foundries (10%), and lubricants (5%), among others (17%). Graphite converts to diamond under extremely high pressure and temperature. Graphite's low cost, thermal and chemical inertness and characteristic conductivity of heat and electricity finds numerous applications in high energy and high temperature processes. Types and varieties Graphite can occur naturally or be produced synthetically. Natural graphite is obtained from naturally occurring geologic deposits and synthetic graphite is produced t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price-fixing
Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. The intent of price fixing may be to push the price of a product as high as possible, generally leading to profits for all sellers but may also have the goal to fix, peg, discount, or stabilize prices. The defining characteristic of price fixing is any agreement regarding price, whether expressed or implied. Price fixing requires a conspiracy between sellers or buyers. The purpose is to coordinate pricing for mutual benefit of the traders. For example, manufacturers and retailers may conspire to sell at a common "retail" price; set a common minimum sales price, where sellers agree not to discount the sales price below the agreed-to minimum price; buy the product from a supplier at a specified maxi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
