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Economy

Econ 101: March 9, 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.

  • Speaker of the House John Boehner (R-OH) has abandoned the transportation bill he crafted after failing to find enough Republican support. [The Hill]
  • Greece has avoided an uncontrolled debt default for now, as nearly all of the country’s private creditors have agreed to a debt swap. [Reuters]
  • Despite having lost $1 billion in its customers’ money, failed investment house MF Global is still set to pay bonuses. [Wall Street Journal]
  • The House yesterday overwhelmingly approved a bill aimed at making it easier for start-ups to go public. [Washington Post]
  • Wall Street bonuses could increase by 20 percent this year. [Bloomberg]
  • Banks are foreclosing on churches in record numbers. [Reuters]
  • One American city would rather shut down than collect property taxes. [Huffington Post]

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