Hunger Strike – Day Two

So far, I feel just fine thanks. Lots of water, as recommended by hunger strikers of yore.

There’s little doubt that the wonderous action yesterday surrounding British Petroleum 8/2011 and 9/2011 bonds was worth a post this morning. I went on a coffee date with a lawyer who is just back from Dubai, and missed the trade that my friend told me to do at noon. Snooze = lose.

You could buy BP’s paper at 87 before lunch (yielding 12.7%), and by 3:35pm, they weren’t even available at 97 (yielding 7.5%). There’s a moral to this story, but…let’s stop right there.

I must stand fast on the blogging hunger strike (see prior posts “Canadian Business Magazine KOs the Globe & Mail” June 15-10 and “Hunger Strike – Day One” June 16-10).

“No soup for you”, dear readers, as they’d say on Seinfeld.

The Blogging Hunger Strike is barely underway, and the folks at the office are getting worried about when this madness will end. And what it will mean if it doesn’t. I told them it was simple: My friends at the Globe and Mail need to come clean about their refusal to acknowledge their, um, studied forgetfulness in citing source material when they draw from blogs.

MRM
(disclosure – my first job when I moved to Toronto in 1976 was in the media ecosystem — as a Toronto Star paperboy)