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Mike's wife often said, "Mike likes to spend his Sunday mornings railing at the Archer Daniels Midland Company." For years Mike religiously watched This Week with David Brinkley. Whenever an ADM commercial came on, Mike would glower and recite the latest figure on how much campaign money ADM had given politicians who supported ethanol subsidies. Whenever the announcer said, "ADM--supermarket to the world," Mike muttered, "ADM--superbriber of the pols." What particularly galled Mike was that through his pension plan, he was an ADM stockholder. "I'm paying for this," he often said...

Author: /time Magazine | Title: Just The Owner, Not The Boss | 6/15/1998 | See Source »

...switch the channel?" Mike's wife used to ask him when he got particularly agitated. But Mike thought that switching channels would simply confirm his growing suspicion that all public-affairs programming was sponsored by Archer Daniels Midland, using his money...

Author: /time Magazine | Title: Just The Owner, Not The Boss | 6/15/1998 | See Source »

...morning he phoned the 800 number of the pension plan. A voice asked him if he wanted to shift some of his holdings from a retirement money-market portfolio to an OTC portfolio. The more buttons he pushed, the more such talk continued. Nobody said anything about Archer Daniels Midland...

Author: /time Magazine | Title: Just The Owner, Not The Boss | 6/15/1998 | See Source »

Since his arrival, Klein has quietly put up impressive numbers. His team forced agribusiness giant Archer-Daniels-Midland to pay a record $100 million fine for rigging a feed-additive market earlier this year; three former ADM executives are under indictment. Klein is reportedly preparing a massive antitrust case against Visa and MasterCard, alleging a duopoly over credit-card transactions...

Author: /time Magazine | Title: THE TRUSTBUSTER WHO ROARED | 11/3/1997 | See Source »

...thus freeing Dow Chemical from any liability. Furthermore, Dow Chemical has been dismissed from about 4,000 implant cases in New York, Michigan and California because judges found no basis for suing it for the product produced by another company. JOHN MUSSER, Director of Public Affairs Dow Chemical Co. Midland, Mich...

Author: /time Magazine | Title: Letters: Sep. 29, 1997 | 9/29/1997 | See Source »

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