"There is a perception that over the last 10 years or so," said One of The Most Quotable Members of the Industry at his (hopefully temporary) farewell party last week, "that The Bond Buyer is no longer an industry paper. That it sensationalizes in order to sell papers. That it will go a ways to get in a dig at the industry. That even in an obit, you won't just say a guy died, you'll say he had AIDs."

This sort of statement, of course, asks no response. The man saying it just wanted, as humorist George Ade might have said, to Make an Observation. The way to handle this, in a crowded room that had fallen quiet as "the guys from The Bond Buyer' walked in, was just to say, in best stiff-upper-lip sergeant-major fashion, "Right, then. Noted. On we go, lads."

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