Tuesday, 29 September 2009

A blanker whiteness of benighted snow with no expression

What a strange afternoon.....

It was a simple task - follow up on a bank report into fixed interest securities that was saying investment grade corporate bonds (essentially a big safe company offering to borrow money from joe and jane public) were in high demand and find out if that's the case - 250 to 300 words or thereabouts.

Easy pickings - I've got a dozen or so fixed interest guys to call on......

"Hi, is so and so there?"

"No, s/he's away for the week/day/year/month...."

"Okay, thanks, bye."

Change phone number/name, repeat.

After exhausting everyone (including bigwigs at some of the country's largest fund managers), I finally got through to a pleasant chap who gave me a fairly good idea of what was going on, and was happy to get the odd call now and then (which is always handy).

Then, just on the stroke of 5, one of my guys came through for me with the perfect 8 minute interview explaining how everything worked, why it was doing it, and where to from here.

The only question I have, is what on earth would happen if it wasn't a baby reporter ringing but a big-time investor who wanted to know the state of New Zealand's bond market on a Tuesday afternoon?

Some days ya just gotta wonder......


Question: Which blue chip company likes to put out press releases late in the day to avoid immediate comment for the wire services/talk talk and can completely talk around the issue at hand when it finally comes out......?

Unhelpful and overly cryptic hint:

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