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Wonk Watch 11.13.09

Posted Friday, November 13, 2009 - 7:18pm

Brad DeLong tackles the future of the US budget and deficit, but doesn't place much faith in Congress for being able to manage it. He quotes Doug Elmendorf--Director of the Congressional Budget Office--and Matthew Yglesias as they discuss the nation's economic future and the politics that they believe gets in the way. All three focus on medium-term future, between 2012 and 2020.

  • Matthew McKnight is an intern at The Big Money.

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Word of the Week

Posted Friday, November 13, 2009 - 3:05pm

The Wall Street Journal had a report this morning about former bank executives starting up “blind pools.” Like “dark pools,” which TBM explained recently, these things sound murky. How do “blind pools” work? Like this: Investors commit money to a certain fund.

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

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