PRESS DIGEST - Wall Street Journal - April 4

Thu Apr 4, 2013 2:46am EDT
 
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April 4 (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.

* Thirty U.S. state attorneys general are investigating alleged interest-rate rigging by banks that set Libor, and the probe isn't slowing despite a U.S. judge's ruling last week in favor of the banks in private lawsuits. ()

* A U.S. federal watchdog is faulting bank regulators for a flawed review of foreclosure documents, for not ensuring banks were using consistent methods to determine which foreclosure files to scrutinize for possible errors. ()

* Ex-Goldman Sachs Group Inc trader Matthew Taylor pleaded guilty to a single count of wire fraud for concealing trades which cost Goldman $118.4 million to unwind. He told a U.S. federal judge he made the big bets to boost his reputation and bonus at the bank. ()

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