Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Wall Street Conflict of Interest Settlement Expected

Federal and state regulators are expected to announce a major settlement into allegations of conflicts of interest at the nation's largest banks and brokerage firms. The companies will pay nearly a billion dollars in fines as part of the deal. NPR's Jim Zarroli reports.

Copyright 2002 NPR

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.