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.
- Business and academic leaders are warning that cuts to higher education are harming U.S. competitiveness. [Wall Street Journal]
- Central banks around the world are reportedly preparing to take action if Sunday’s Greek elections rattle markets. [Reuters]
- Direct foreign investment in the U.S. has been positive for 12 consecutive quarters, according to the Commerce Department. [Wall Street Journal]
- The Senate Appropriations Committee has decided not the fund the Obama administration’s Race to the Top higher education program. [Inside Higher Ed]
- Allen Stanford has been sentenced to 110 years in prison for running a $7 billion Ponzi Scheme. [Washington Post]
- Treasury Secretary Tim Geithner reportedly suggested that current Secretary of State Hillary Clinton be his replacement if he were to leave the administration. [Washington Post]
- Bailed out insurance giant AIG has officially repaid all of its loans to the New York Federal Reserve. [Associated Press]