Bananas
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What starts as a fun fact about Walmart's best-selling product turns into one of the wildest business stories you've probably never heard — corporate espionage on banana plantations, a homemade coup in Central America, and a Russian immigrant who took over one of the most powerful companies in America by dumping a bag of proxy votes on a boardroom table.
In this episode:
- Walmart's single best-selling item every year — and why every one of them is genetically identical
- The Cavendish vs. the Big Mike: what happened to the banana we used to eat, and why history might be repeating itself
- Also, Shane called it 'Gros Miguel' instead of 'Gros Michel' 😅
- Samuel Zemurray — the immigrant who bought rotting fruit off a dock in Mobile, Alabama and turned it into a banana empire
- Plantation wars: the corporate violence between Zemurray's operation and United Fruit Company
- The origin of "Banana Republic" — and how Zemurray invented the CIA's Central American playbook before the CIA existed
- How Zemurray pulled off a coup using a surplus Navy ship, a soldier of fortune, and a pirate radio broadcast
- The boardroom scene that might be the greatest power move in American business history
Research rabbit holes to explore:
- The Fish That Ate the Whale by Rich Cohen — the book Zemurray's story comes from
- Samuel Zemurray — Wikipedia
- Cavendish banana — Wikipedia
- Panama disease — Wikipedia — (the blight threatening the Cavendish
- Gros Michel ("Big Mike") banana — Wikipedia
- United Fruit Company — Wikipedia
- The United Fruit Company building, New Orleans — Atlas Obscura — still standing at 321 St. Charles Ave.
- Zemurray's mansion, now the Tulane University president's residence — 64 Parishes
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