Econ 101: May 21, 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.

  • Republican leaders are emphasizing that they intend to hold the nation’s debt limit hostage for a second time. [Washington Post]
  • The Nasdaq Stock Market has admitted that it botched Facebook’s initial public offering. [Wall Street Journal]
  • President Obama said yesterday that there’s an “emerging consensus” that developed nations need to do more to promote job creation and economic growth. [The Hill]
  • German and French leaders will meet this week to revise a plan for keeping the Eurozone together. [Bloomberg]
  • More men are moving into career fields previously dominated by women. [New York Times]
  • Citigroup has won dismissal of a lawsuit alleging that it misled investors during the 2008 financial crisis. [Reuters]
  • A third U.S. agency — the Commodity Futures Trading Commission — is opening an inquiry into JP Morgan’s $3 billion trading loss. [New York Times]