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Econ 101: May 30, 2012

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"Econ 101: May 30, 2012"

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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.

  • According to a new poll, most Greeks want the terms of their country’s international financial rescue to be revised. [Bloomberg]
  • The National Bank of Greece warned that an exit from the euro could cause Greeks to lose half of their annual income. [Associated Press]
  • JP Morgan Chase is selling $25 billion in profitable securities in order to offset a huge trading loss it sustained earlier this year. [Reuters]
  • The percentage of Americans between the ages of 25 and 54 who have jobs is the lowest its been in nearly a quarter century. [Washington Post]
  • Eight more states received exemptions from parts of the No Child Left Behind education law, bringing the total number of states that have received waivers to 19. [Wall Street Journal]
  • A whistleblower who found that Bank of America was inflating appraisals of government backed loans will receive $14.5 million. [Reuters]
  • The odds are not good that the government will move forward with criminal prosecutions related to the 2008 financial crisis. [New York Times]
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