Contrary to the claims of retired newsguy Bill Good, blogs are not invariable distributors of CRAP! Instead, the good ones are sources of information and commentary that Bill Good and others in commercial news operations dare not discuss.
Creekside, by Alison, is one of the very good blogs; the sort that should embarrass the recipient of a bogus distinguished service award from his boss, who then makes that “award” the subject of countless promotional spots hoping to check his station’s failing ratings.
Creekside impressed me with recent coverage of the Royal Bank’s perfidious behaviour:
…iGATE receiving RBC’s Outsourcing Excellence Award back in 2008 when RBC only had 500 iGATE employees working for them.
A few months later, RBC itself received a $25 billion dollar government bailout, or ‘backstop’ as we prefer to call taxpayer bailouts of corps in Canada, amounting to 63% of the bank’s total value. RBC CEO Gordon Nixon took home $10M+ in salary and compensation that same year.
At the time, RBC VP and head of Application Services Marjorie Mong explained:
“The key message to [RBC IT staff] was that offshoring was not about job cuts. It was about augmenting our workforce in a flexible way.”
Well, Bill Good, is it crap when bloggers suggest that loyal Canadians ought to get themselves down to the Royal Bank and remove whatever small part of the ‘backstop’ individuals can control?
I think not.