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The Bond Market Doesn’t Care About Climate Change

But there’s another element that helps cement the bargain: investors’ confidence that coastal towns will pay back the money they borrow. Homebuyers are irrational. Politicians are self-interested. But lenders—and the ratings agencies that help direct their investments—ought to have a more clinical view. Evaluating long-term risk is exactly their business model. If they thought environmental…

Season 6 of “The Wire” May Star Trump Campaign Aide

The hot gossip about the indictments issued today is this: Was George Papadopoulos wearing a wire? Papadopoulos is a small fish who was arrested in July, but his arrest was kept secret until today. Why? In a court filing, investigators said it was because they wanted to preserve Papadopoulos’s value as a “proactive cooperator”—a term of…

Look at How Fox News Covered Manafort Monday

On Monday morning, the federal investigation into possible collusion between President Donald Trump’s campaign and the Russian government reached its most explosive point to date with the indictments of Paul Manafort and Rick Gates. Shortly afterward, and separate from the two indictments, special counsel Robert Mueller announced that former Trump campaign aide George Papadopoulos had pleaded guilty to lying…