Posted by 1936 on December 10, 2009 at 08:10:01 from (76.203.10.75):
Per the Iowa Farmer today paper. Using a Ponzi scheme, defrauding 180 farmers out of at least 27 million in proceeds from sales grain she made on their behalf.
The hook she used was to promised farmers 50 to 100 percent above market prices throught nonexistant contracts with ADM. Sold grain on spot price to pay inflated prices to some farmers. St. Louis area was in NE Missouri before this.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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