"Econ 101: February 7, 2013"
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.
- Emails show that JP Morgan Chase knew its mortgage deals were bad in the run-up to the financial crisis. [New York Times]
- Banks could be facing “massive” lawsuits from several states for rigging the LIBOR interest rate. [Bloomberg]
- Reform of national credit rating agencies has stalled. [Washington Post]
- American Airlines and US Airways are close to a major merger deal. [Wall Street Journal]
- Ireland dissolved one of its “bad banks” in an attempt to secure new funding from the European Central Bank. [Associated Press]
- The United Nations is worried about a spike in food prices. [Reuters]
- HSBC’s CEO admitted that his bank is “attractive” to criminals. [Reuters]