Well, Brian, hypothetically, $500,000
Join the conversation
Log in or create an account to leave a comment
Log In
Mark Whitacre:
What if I just put out some hypotheticals. I'll talk about certain financial situations, and you guys can tell me if they're wrong, or how serious they might be. Okay, for instance, what if a company gave an executive a car, you know, a corporate car, and instead of driving that to work, he used his personal car, and gave his company car to his daughter. That be a problem? FBI Special Agent Bob Herndon:
That's it? That's hypothetical? Brian Shepard:
That shouldn't be a problem. Mark Whitacre:
Okay, what if it was a corporate plane, and the executive was using that for personal use. FBI Special Agent Bob Herndon:
Basically the same thing. Brian Shepard:
Maybe some IRS issues, but... Mark Whitacre:
Okay, what if it was standard practice at ADM for executives to regularly accept kickbacks in cash. Brian Shepard:
[stunned]
How much money are we talking about, Mark? Mark Whitacre:
Well, Brian, hypothetically, $500,000
What if I just put out some hypotheticals. I'll talk about certain financial situations, and you guys can tell me if they're wrong, or how serious they might be. Okay, for instance, what if a company gave an executive a car, you know, a corporate car, and instead of driving that to work, he used his personal car, and gave his company car to his daughter. That be a problem? FBI Special Agent Bob Herndon:
That's it? That's hypothetical? Brian Shepard:
That shouldn't be a problem. Mark Whitacre:
Okay, what if it was a corporate plane, and the executive was using that for personal use. FBI Special Agent Bob Herndon:
Basically the same thing. Brian Shepard:
Maybe some IRS issues, but... Mark Whitacre:
Okay, what if it was standard practice at ADM for executives to regularly accept kickbacks in cash. Brian Shepard:
[stunned]
How much money are we talking about, Mark? Mark Whitacre:
Well, Brian, hypothetically, $500,000
Full Transcript
00:00:01.000 --> 00:00:02.044
what if
00:00:03.523 --> 00:00:07.285
a company gave an executive a car You know a corporate car
00:00:07.447 --> 00:00:09.808
And instead of driving that to work
00:00:09.097 --> 00:00:13.331
he drove his personal car and he gave the company car to his daughter
00:00:14.894 --> 00:00:16.375
Would that be a problem
00:00:18.178 --> 00:00:19.538
That's it
00:00:19.699 --> 00:00:21.082
That's the hypothetical
00:00:22.942 --> 00:00:24.983
That shouldn't be a problem
00:00:26.146 --> 00:00:27.546
Okay
00:00:28.628 --> 00:00:31.429
What if it was a corporate plane
00:00:31.911 --> 00:00:35.153
and the executive was using that for personal use
00:00:35.314 --> 00:00:37.355
Oh Basically the same thing
00:00:37.517 --> 00:00:39.918
Maybe some IRS issues but
00:00:41.016 --> 00:00:42.601
Okay
00:00:44.323 --> 00:00:46.124
What if
00:00:46.285 --> 00:00:48.206
it was standard practice at ADM
00:00:48.368 --> 00:00:53.002
for executives to regularly accept kickbacks in cash
00:00:59.298 --> 00:01:01.066
How much money are we talking about
00:01:02.181 --> 00:01:03.661
Mark
00:01:04.383 --> 00:01:08.999
Well Brian hypothetically 500 000
Want This Clip in HD?
Upgrade for HD/4K downloads and unlimited access. Upgrade now →
Movie Summary
The U.S. government decides to go after an agro-business giant with a price-fixing accusation, based on the evidence submitted by their star witness, vice president-turned-informant Mark Whitacre.
