is checking the box from a regulatory perspective let's talk about that with mark whitaker archer-daniels midland and ultimately what convinced him that the conduct he was engaged in was improper. he was a rising star. >> q. is in the movie the insider. >> probably one of the most high-profile people. a rising star but adm as promoted to senior divisional they got him under the ropes to say this is how it is really done. with the number of these chemical products is very important to the food industry. the japanese are people in europe literally figure out how to set the prices. plainly is illegal. >> and there is no evidence of food they met with. >> they can put a fair amount of effort. >> it is pretty clear he knows what he is doing wrong >> but there was some hint of the public and apprehension how the firms have been doing it people will tell you this is what we are doing. to stay in this position of privilege you feel that you adapt to what they are telling you. but if they start talking to his wife and you know, that this is wrong. somebody that he respected and trusted the who said comple

you have an interesting story about mark whitaker from archer daniels midland and what it is that ultimately convinced him that the conduct he was engaged in was improper. >> guest: he was a rising star. >> host: by the way the focus of the movie the insider. >> guest: matt damon, probably one of the most high profile people to buy some of those convicted of white-collar offense. he was a rising star at adm, and in the course when he would promoted to a more senior divisional, they basically finally brought him under the ropes and told him this is how business is really done. there was global price-fixing on a number of these chemical products they use. very, very important for the industry. you go to your people, the japanese, people of europe and your premise that around and literally figure out how they should set the prices. this is plainly illegal. >> host: and they also as a roof downfalls names in their expense reports so there would be no evidence of who they met. >> guest: you could say to put a fair amount of effort. this is, this wasn't something again one day. postmark precluded

. >> they say a short, a good short would be adm, archer daniels-midland or long in lilly. upside. >> i like the lilly trade. >> so jimmy and i are on the other side. i bought lilly on the dip two weeks ago when they had that nasty response to their phase -- i think phase three trial they had to -- >> oh, yeah. >> bought it at 65 bucks. not moved all that much. only 66 or 67, but i still like it. i would stick with it. i understand where jim is. >> i'm not that against it. you have to wait, though. easier trade is bris totol myer >> i'm watching bonds. we talked about the yield but i'm not so sure. >> good to see you. paul richards with us today. "power" starts now. >>> i'm melissa lee. here's what's on the menu. trump's deal to save the jobs at carrier. should business cheer an activist president or fear government gone wild? michelle is going to join us live from a plant in mexico. jobs, jobs, more jobs, the unemployment rate falls to its lowest level in nine years. is the jobs picture, though, really that rosy? we'll debate that. and why one wall street firm wants you to