PRESS DIGEST - Wall Street Journal - March 19
March 19 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
* Citigroup Inc agreed to pay $730 million to settle claims that it misled investors in more than four dozen bond and preferred-stock offerings over more than two years, in the second-largest settlement of private securities litigation tied to the financial crisis. ()
* The rebounding housing market has helped return Fannie Mae to profitability and now might allow the government-controlled mortgage-finance company to do the once unthinkable: repay as much as $61.5 billion in rescue funds to the U.S. Treasury. ()
* John Malone's Liberty Media Corp is close to a deal to buy 25 percent of Charter Communications for about $2.5 billion, a move that would re-establish the media mogul as a force in the U.S. cable market. ()
* Federal prosecutors filed criminal charges against a former chief executive of Calpers, one of the world's largest pension funds, in connection with an alleged scheme to defraud money managers such as Apollo Global Management LLC. () Continued...