Some fresh bookmarks from delicious.com

• NY Times: The Naked Truth on Credit-Default Swaps – Credit-default swaps are, in reality, insurance. But the people who dreamed up credit-default swaps did not like the word insurance. It smacked of regulation and of reserves that insurance companies must set aside in case there were claims. So they called the new thing a swap. That decision, perhaps more than anything else, enabled AIG to go broke
• TEDTalks : Elizabeth Pisani: Sex, drugs and HIV — let's get rational – Behaviour that seems irrational – sharing needles etc – may be perfectly rational given the choices available to people.
• TED: Julia Sweeney has "The Talk" – Despite her best efforts, comedian Julia Sweeney is forced to tell a little white lie when her 8-year-old begins learning about frog reproduction — and starts to ask some very smart questions.
• The Tragic Cost of Google Pac-Man – 4.82 million hours – Google Pac-Man consumed 4,819,352 hours of time (beyond the 33.6m daily man hours of attention that Google Search gets in a given day). $120,483,800 is the dollar tally, If the average Google user has a COST of $25/hr. For that same cost, you could hire all 19,835 google employees, from Larry and Sergey down to their janitors, and get 6 weeks of their time.