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Econ 101: August 20, 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.

  • Ahead of a visit from the Greek prime minister, German politicians say they will give Greece no leeway on terms of its reform efforts. [Reuters]
  • Federal and state prosecutors are investigating Deutsche Bank for allegedly funneling billions of dollars to sanctioned nations like Iran and Sudan through their American banks. [New York Times]
  • South Africa will launch an investigation into the Lonmin mine shooting, where police killed 34 striking workers last week. [Wall Street Journal]
  • Some economists think a stronger response to the housing crisis from the Obama administration could have softened its impact. [New York Times]
  • A lack of funds is threatening America’s national parks. [Washington Post]
  • The financial industry is speaking out against local government plans to use eminent domain to seize homes that are underwater on mortgages. [The Hill]
  • The U.S. has lost 300,000 teachers since 2009, according to a report from the White House Council of Economic Advisers. [The Hill]

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