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Soderbergh on INFORMANT

Accorind to Variety, Warner Bros. Pictures has acquired the rights to the book The Informant: A True Story for a high-six-figure deal.

Steven Soderbergh is developing, and may even direct. Scott Burns will adapt the book, which was penned by New York Times investigative reporter Kurt Eichenwald.

The story centers on Mark Whitacre, a high-level mole at the self-declared supermarket to the world Archer Daniels Midland. Whitacre wore an FBI wire for more than two years to uncover a major price-fixing scam with ADM's Japanese competitors that gave the company millions of dollars in profits.

Burns identified the property after hearing about it on Ira Glass' weekly Public Radio Intl. program This American Life. It was discovered that the rights were optioned by Michael Jaffe of Jaffe/Braunstein Films with the intent of turning it into a television movie. Burns convinced Jaffe to give him a shot at setting it up as a feature.

(Source: Variety)

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