Hunger Strike – Day Three

Yesterday was fabulous, thanks, even if I was peppered throughout the day about the Blogging Hunger Strike (see prior post “Hunger Strike – Day One” June 16-10).

Despite the lack of nourishment, our team at Wellington Financial had the energy to look at a bunch of new deals, and settled on at least four new opportunities that are worth pursuing asap: two in Montreal, one in Toronto, and one in California. All just yesterday, while turning paper on three other new financings that are already under LOIs. Hopefully, those are closing next month, and a bunch of entrepreneurs will have some more firepower to grow their businesses with.

What was also fabulous about yesterday was that a second person told me that a retail brokerage research document was produced last November that studied the OGE.UN fund, among others sold by Kevin O’Leary. You’ll never guess. The report studied churn, management expense ratios, unit performance, etc. The very same topics that were analyzed on our site starting in June 2008. Each topic that the Globe covered in their shoody Tuesday piece was addressed in detail, as you all read here at the time, prior to this analyst releasing his publication seven months ago.

All of which the Globe has acknowledged. For some reason, the fact that all of the analysis the Globe wrote about had already been published months and years earlier on our blog didn’t make the editor’s cut when the Globe story went to print. Although they admit to reading everything “KO” on our site, they would have you believe their story research was solely based upon this November 2009 document. Kind of like the immaculate inception, except there’s no Virgin Mary.

So, why the lack of attribution by the Globe for a lowly backwater blog? Pride, perhaps. Stubborn, once outed? Quite possibly.

Convinced that they are right in hindsight, and couldn’t possibly have crossed the ethical line? Absolutely. Settle in for a long wait, dear reader. These folks never admit when they are wrong, even when they are (just ask Lino Saputo, who the Globe so obviously defamed in 2008, but still refused to apologize).

You can be certain the Blogging Hunger Strike will be here tomorrow.

MRM
(disclosure – I cashed my first cheque for a fee paying media assignment with the Ottawa Bureau of the Canadian Press wire service in 1980.)