Death to Dumblr Staff

Excerpt from this story from Earther/Gizmodo:

Attention: DOGE’d and RIF’ed U.S. government meteorologists and climate scientists. JPMorgan Chase & Co. is looking to hire a new executive director focused on “catastrophe modeling.” Ideally, someone who could be a “subject matter expert in natural catastrophe and climate,” upping their portfolio’s “resilience to physical climate risks.”

And they’re not alone. Some hedge funds are offering as much as $1 million per year for the right extreme weather forecaster. As one recruiter who specializes in placing experts in this niche world of “insurance-linked securities” told Bloomberg News, anthropogenic climate change’s most canny and enterprising Cassandras have been netting “exponentially higher” pay bumps compared to their past salaries over the last two years.

Not unlike the mortgage-backed securities of the 2008 financial crisis, insurance-linked securities (ILS) reimagine an insurance company’s outstanding policy risks and potential rewards as assets that it can market to outside investors, like hedge funds. Imagine an insurance company is worried that potential floods might force it to lose millions fulfilling homeowners’ claims during an impending hurricane. It could issue a so-called catastrophe bond whose purchasers effectively backstop those insurance payments—unless, of course, those genius investors have better climate scientists on staff than the insurance company does.

I am giving it a high ball and say they got two kegs of this for $154.99 each and pocketed the rest of the money as usual