"Econ 101: October 26, 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.
- Bank of America employees could face civil charges in a case alleging widespread fraud at the bank. [Reuters]
- Two Democratic senators are calling for an end to delays holding back a rule meant to rein in risky bank trading. [Washington Post]
- Spain’s unemployment hit a record high of 25 percent, with more austerity still to come. [Reuters]
- Pending homes sales held steady last month. [CNBC]
- Nine more banks have received subpoenas in an investigation into rigging of the LIBOR interest rate. [Wall Street Journal]
- Predatory for-profit colleges are finally starting to lose students. [Wall Street Journal]
- How Vikram Pandit was forced out as Citigroup’s CEO. [New York Times]
- Amazon suffered its first quarterly loss since 2003. [Financial Times]