Sour Milk of Parmalat
When the giants fall, they really make a racket. Parmalat lost $8.5-$12 billion in assets -- how? Over a 15 year period, managers cooked the books to offset as much as $16 billion in liabilities. And how, how may you ask, they got away with it for so long? Well, there was this little accounting firm by the name of Deloitte Touche Tohmatsu ... and so the tale goes. Read the rest at BusinessWeek Online.
The first chef
First came fire ... and then, as the camera shifts to the soon to be late-village idiot, you're left wondering -- just what was going through that mind -- and food is put on the fire, for the first time, and cooking is accidentally discovered by humanity. The first chef is ridiculed by grunts, then the local thug tries a sample of the burnt carcass, and soon, everybody gets queued at the McDonalds drive-thru. What happened? Richard Wrangham of Harvard believes there's more to cooking than evolutionary history would have you believe. Wrangham points out that there is no way homo sapiens could survive on just raw food. Raw food just doesn't give up calories as easily as cooked food -- and raw food makes the digestive system expend more energy to get at those calories. Cooking on the other hand breaks complex molecules down, allowing the digestive system to make easy work of them -- and cooking also softens food, allowing the body to get to the calories with less effort...
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