Econ 101: March 7, 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.

  • Super Tuesday exit polls show that the economy was the main issue for voters. [New York Times]
  • Greece has issued an ultimatum to its bond holders: participate in debt restructuring or get nothing. [Financial Times]
  • Young workers are bearing the brunt of downward pressure on wages. [Wall Street Journal]
  • The House voted yesterday to approve legislation placing tariffs on subsidized goods coming into the U.S. from Vietnam and China. [Reuters]
  • Financier Allen Stanford has been found guilty of running a $7 billion Ponzi scheme. [Reuters]
  • A new World Bank report shows that, contrary to economists’ predictions, the global recession did not increase poverty in the developing world. [New York Times]
  • Brazil has passed the UK to become the world’s sixth largest economy. [Financial Times]
  • Lehman Brothers — the investment bank that failed during the early stages of the financial crisis — emerged from chapter 11 bankruptcy yesterday. [CNN Money]