Econ 101: March 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.

  • The Occupy Wall Street movement gets set to remind everyone it hasn’t disappeared. [Inside Higher Ed]
  • Home prices fell to new lows in December, according to the latest data from the Standard & Poor’s/Case-Shiller index. [Wall Street Journal]
  • China reduced its holdings of U.S. debt fell last year for the first time since records were first kept in 2001. [Bloomberg]
  • Stockton, California is trying to avoid becoming the largest American city to declare bankruptcy. [New York Times]
  • One in four homes sold last year was in some stage of foreclosure. [CNN Money]
  • A group of Democrats has vowed to prevent any more budget cuts aimed at federal workers. [The Hill]
  • The former CEO of Bear Stearns who oversaw the firm’s epic collapse during the financial crisis says there’s “not much” he would do differently. [Huffington Post]