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 has been the duration of the investigation into Wal-Mart's alleged bribery?

What was the amount discussed for resolving the case last year?

What significant changes did Wal-Mart make in response to the investigation?

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

What type of agreement may Wal-Mart end up with as part of the ongoing negotiations?