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Wonk Watch 11.06.09

Posted Friday, November 6, 2009 - 5:16pm

Felix Salmon came back earlier this week and has dived right back into parsing the turmoil. Today he addressed the rising unemployment rate—which, as we've learned, is at 10.2 percent, its peak since 1983. Salmon takes the time to draw out the implications of such high unemployment and comes to a rather depressing conclusion.

  • Matthew McKnight is an intern at The Big Money.

Word of the Week

Posted Friday, November 6, 2009 - 5:09pm

The Securities and Exchange Commission has been busy recently looking into all sorts of sneaky-sounding market practices that may be giving some traders unfair advantages over others. This week, SEC Commissioner Elisse Walter told Reuters that she’s increasingly concerned about "sponsored naked access."

  • Caitlin McDevitt is an editorial assistant at The Big Money.

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