Toyota to Pay $1.2 Billion Settlement for Acceleration Problems

The Justice Department has reached a $1.2 billion settlement to end a four-year criminal probe of safety issues involving Toyota. Attorney General Eric Holder called Toyota's conduct "shameful," showing a blatant disregard for systems and laws designed to look after the safety of consumers. By the company's own admission, it protected its brand ahead of its own customers. This constitutes a clear and reprehensible abuse of the public trust." Devlin Barrett reports on the Justice Department for the Wall Street Journal.