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Nightmare on Wall Street36:17
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photoOne of the biggest scandals ever to plague Wall Street came to settlement this week when the top ten firms agreed to pay a fine of 1.4 billion dollars.

New York State's Attorney General Eliot Spitzer, armed with thousands of pages of evidence, forced the Wall Street financial cartel to pony up. But market watchers are asking if it will be enough to restore investor confidence.

Guests:

Samuel Hayes, professor emeritus, Harvard Business School

James Surowiecki, financial columnist, The New Yorker

Arianna Huffington, syndicated columnist and author of "Pigs at the Trough"

This program aired on May 2, 2003.

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