Word: bungee
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Grain companies are naturally less enthusiastic. Says Walter B. Saunders, executive vice president of Cargill: "I can't say we truly welcome more competition, but it does keep us on our toes." In reality, U.S. exporters have little to complain about. Foreign investment in the export of American-grown...
One of the many ironies of Argentina is that Timerman was among the majority of citizens who welcomed that military coup in 1976. In the years before and after the 1973 return to power of former Dictator Perón, Argentina suffered the worst bout of terrorism on the continent...
The much publicized grain robbery that has plagued the nation's export shipments in recent years has resulted in indictments of 52 individuals and four corporations. Last week one of the nation's largest grain exporters, Bunge Corp., became the first of those companies to accept the judicial...
Bunge suffered only a light penalty: the federal district court in New Orleans fined it $20,000. As part of an unusual plea-bargaining arrangement, Bunge agreed to allot $2 million to $3 million of its own money over a three-year period to hire more inspectors for its elevators...
The settlement does not affect the cases of 13 Bunge employees, eight of whom have pleaded guilty to theft or related charges. Bunge still faces possible civil suits from the Government, its customers and transportation companies. Meantime, the Federal Bureau of Investigation, the Internal Revenue Service, the Department of Agriculture...