How do you wrap text around images using htmlcss?

I want to design a text block like the following image

Is this possible?

you have to float your image container as follows.

HTML

<div id="container">
    <div id="floated">...some other random text</div>
    ...
    some random text
    ...
</div>

CSS

#container{
    width: 400px;
    background: yellow;
}
#floated{
    float: left;
    width: 150px;
    background: red;
}

FIDDLE

http://jsfiddle.net/kYDgL/