Econ 101: February 12, 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.

  • One year later, President Obama’s Mortgage Crisis Working Group has not lived up to its billing. [Huffington Post]
  • Senate Democrats are preparing legislation that would replace the so-called “sequester” spending cuts that are scheduled for March. [Reuters]
  • Home prices climbed in 88 percent of U.S. metro areas in the fourth quarter of last year. [Bloomberg]
  • The G-7 pledged yesterday to avoid a currency war. [Wall Street Journal]
  • The OECD blasted tax dodging by corporations, saying it poses a risk to “fairness.” [Bloomberg]
  • Up to 42 million Americans have mistakes on their credit reports, according to a study by the Federal Trade Commission. [CNN Money]
  • A report by the Project on Government Oversight highlighted the revolving door between the Securities and Exchange Commission and and Wall Street. [Washington Post]