Wal-Mart Close to Resolving Bribery Probe for $300M

The transcript discusses a long-running investigation into Wal-Mart's alleged bribery in several countries. Despite initial allegations, the evidence was insufficient for a high penalty, leading to a potential $300 million settlement. The investigation spanned multiple U.S. administrations, with unfilled government posts possibly affecting its resolution. Wal-Mart has undergone significant internal changes, spending over $800 million on reforms. A subsidiary may plead guilty, while the company might receive a non-prosecution agreement.

What was the initial expectation regarding the Wal-Mart investigation?

• The case would be resolved quickly.

• Wal-Mart would be exonerated immediately.

• The investigation would not involve international locations.

• Major payments and coverups would be found.

How might the change in U.S. administration have affected the Wal-Mart investigation?

• It had no impact on the investigation.

• It resulted in more severe penalties for Wal-Mart.

• It possibly expedited the resolution in Wal-Mart's favor.

• It led to a complete halt of the investigation.

What significant changes did Wal-Mart undergo during the investigation?

• They changed key leadership positions and improved compliance.

• They reduced their workforce significantly.

• They expanded their international operations.

• They increased their marketing budget.

How much has Wal-Mart spent on the investigation and reforms?

• $300 million

• $800 million

• $1 billion

• $500 million

What is the potential outcome for one of Wal-Mart's subsidiaries?

• It will be sold to another company.

• It will plead guilty as part of the agreement.

• It will face no legal consequences.

• It will be dissolved.