Write-Offs: 06.07.07

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Barak Obama, hedge fundster favorite, flunks basic economics. [Fortune]
Holman Jenkins wishes he worked for the Washington Post. [Washington Post]
Rupert Murdoch Explains Past Indiscretions: “That’s probably true. A long time ago. That was 40 years ago…” [Wall Street Journal]
Translating Wall Street Speak Into English [Market Watch]
Coming Soon: Hedge fund college. [Alphaville]

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