Tag Archives: Royal Bank of Scotland

An open letter to the Media Acquisition Dept, Royal Bank Of Scotland: Case of bonus first, brain second people…?

26 December 2009 – 2:20 pm

Given the festive season is now firmly upon us, maybe it’s time for a Xmas teaser.
OK… what have the four following posts got in common?
i) http://www.pressgazette.co.uk/story.asp?sectioncode=1&storycode=44765&c=1
ii) http://www.pressgazette.co.uk/story.asp?sectioncode=1&storycode=44792&c=1
iii) http://www.independent.co.uk/news/business/news/scottish-giant-johnston-press-close-to-refinancing-163500m-debt-1776020.html
and
iv) http://rickwaghorn.co.uk/2009/02/23/chapter-11-now-filed-in-the-story-of-fred-the-shred-brian-p-tierney-and-philly-media-kiss-good-bye-to-more-of-our-millions-folks/
And the answer is…?
The Royal Bank of Scotland. Us, in other words.
The poor, down-trodden UK tax-payer who has been left to mop up in the [...]

By Rick Waghorn | Posted in General, Journalism | Also tagged , , | Comments (0)

Chapter 11 now filed in the story of Fred The Shred, Brian P Tierney and Philly Media. Kiss good-bye to more of our millions, folks..

23 February 2009 – 2:20 pm

I suspect that in the ever-lengthening rap sheet we can lay at the door of ‘Fred The Shred’ and his fellow clowns at the Royal Bank of Scotland, this particular piece of news will get lost – after all, it’s not billions we’re talking here.
Just hundreds of millions. Of our money. Going down the proverbial [...]

By Rick Waghorn | Posted in General, Journalism | Also tagged | Comments (1)

Three cheers for ‘Fred The Shred’ – we all now own 60% of whatever debt mess that Philadelphia Media Holdings are in. A mother of a mess, by all accounts.

15 October 2008 – 1:00 pm

One other little thought crossed my mind yesterday – that in the wake of the unprecedented banking bail-out of late me, you and every other ordinary tax-payer out there now owns 60% of Fred the Shreds’ screaming baby, the Royal Bank of Scotland.
All of which means that we now also ‘own’ our share in this [...]

By Rick Waghorn | Posted in General | Also tagged | Comments (1)

According to the American Journalism Review, the story of Brian P. Tierney and the purchase of the Philly Inquirer would make a Hollywood movie. A horror movie if you’re RBS…

25 September 2008 – 12:24 am

Alan Mutter is another one of OWAB’s heroes; his ‘Reflections of a Newsosaur’ blog is up there with the best of them.
And as I read through his latest thoughts on the truly alarming state of the US newspaper industry, there was one little line that stood out. By quite some way. Particularly given the context.
http://newsosaur.blogspot.com/
Scroll [...]

By Rick Waghorn | Posted in General, Journalism | Also tagged , , | Comments (1)
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