Econ 101: February 7, 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.

Photo by flickr user gilsonrome

  • Attorneys general from more than 40 states have signed onto a proposed foreclosure fraud settlement with the nation’s biggest banks. [CNBC]
  • Democratic lawmakers are pushing the regulator for Fannie Mae and Freddie Mac to allow the mortgage giants to reduce mortgage principal for troubled homeowners. [Los Angeles Times]
  • Facebook’s corporate governance model is a concern for at least one big investor. [Reuters]
  • Greek workers launched a general strike yesterday to protest the country’s latest round of austerity measures. [New York Times]
  • President Obama will release a budget next week calling for $3 trillion in deficit reduction over ten years, including $1.5 trillion in new revenue. [Wall Street Journal]
  • The Obama administration on Tuesday will lay out a new plan to invest $100 million to train 100,000 teachers over the next decade. [Washington Post]
  • Banks are paying homeowners tens of thousands of dollars to encourage short sales. [Bloomberg]
  • The Senate yesterday approved legislation funding U.S. aviation programs for the next four years. [Reuters]