Along with the absolute positioning, try floating an empty div to the left of your text and match it's height to the menu. Then adjust the width to push your text out to the left. It will appear the text is wrapped around the menu, even though the menu is out of the normal flow.
It adds a meaningless element, but if you can live with that it should achieve the effect.
Computer, kill Flanders... Did I hear my name? My ears are burning...
Good start. Now finish the job.