Accordion Guy blogs about the "Exploring the Fusion Power of Public and Participatory Journalism" Conference (clunky name, but interesting content), which occurred earlier today in Toronto. Over the span of several posts, he lays out a detailed reconstruction of the speeches and Q&A sessions in convenient bullet-point format. Start at the first post here. It's long, but if you are interested in journalism, it is worth it. From the final session:

Jay Rosen: Reputational capital divides the institution of the press from the bloggers. A new blogger starts with zero reputational capital, but a new journalist at the Globe and Mail inherits the reputational capital built up from the Globe's long existence, even though s/he has not yet contributed to that reputation. Bloggers can build up their reputational capital -- but in a way that's different from the way traditional sources get theirs.