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Economy

Econ 101: February 28, 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.

  • A new study finds that the rich are more inclined to cheat, lie, break the law while driving, and steal candy from babies. [Washington Post]
  • A group of business owners — including the owners of Ben & Jerry’s ice cream — are planning to financially support the Occupy Wall Street movement. [Wall Street Journal]
  • House Republicans intend to oppose President Obama’s proposed minimum tax on corporate overseas profits. [Politico]
  • The Department of Housing and Urban Development is charging Bank of America with discriminating against homebuyers with disabilities. [Chicago Tribune]
  • Most of insurance giant AIG’s fourth quarter profit is “pure fantasy.” [New York Times]
  • Fannie Mae is initiating a plan to sell foreclosed homes, as long as investors pledge to use them for rental housing. [Wall Street Journal]
  • California Attorney General Kamala Harris is pushing Fannie Mae and Freddie Mac to reduce mortgage principal for troubled borrowers. [New York Times]
  • Yahoo claims that Facebook is infringing on its patents. [Financial Times]

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