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Judge Approves Settlement Between WorldCom, Regulators

A federal judge approves a partial settlement between WorldCom and the SEC in which the company accepts allegations of fraud and agrees to close monitoring of its corporate governance and its accounting controls. The judge defers a decision on penalties. NPR's Jim Zarroli reports.

Copyright 2002 NPR

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