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El-Erian on 'Cliff': Honey, We've Shrunk the Grand Bargain
By:
Top News and Analysis (pro)
Posted on December 31, 2012 at 20:02 PM EST
Some were hoping for a "grand bargain." Others were willing to settle for a "mini bargain." Instead Congress seems now to be working on a "micro deal," writes Pimco's Mohamed El-Erian.
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