Econ 101: February 1, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • Mitt Romney easily won the Florida GOP presidential primary last night, cruising to a 15 point victory over second-place finisher Newt Gingrich. [The Ticket]
  • California is at risk of running out of money by March. [CNBC]
  • The Treasury Department is investigating a report that mortgage giant Freddie Mac was placing bets against homeowners refinancing their mortgages while making it harder for them to do so. [New York Times]
  • Private equity firms are jumping into the distressed housing market. [Bloomberg]
  • Facebook has chosen Morgan Stanley to lead its initial public offering. [Bloomberg]
  • President Obama today plans to formally unveil his new plan to help homeowners refinance their mortgages to take advantage of lower interest rates. [Wall Street Journal]
  • Most complaints filed with the Consumer Financial Protection Bureau have to do with credit cards. [Huffington Post]
  • A new review of science curriculum standards gave most states a ‘D’ or an ‘F’. [Education Week]