I know the right wing loves to miss the little things…and the big things…and the inbetween things….that get reported in the media, but this one is perplexing. The lede in Projo reporter Mark Reynold’s story about Johnston’s potential decision to turn over management of local pension funds to TD Bank contains an interesting resume builder:
— TD Bank, one of the nation’s largest banks and a sponsor of both the Boston Bruins and Celtics, is interested in helping Johnston keep track of an estimated $42 million that’s been set aside to help pay the pensions of firefighters and police officers, officials say.
Now, there is nothing wrong with that lede I guess – supporting local teams is nice- but I suppose there would have been nothing wrong with also having a lede that said that TD Bank isn’t one of THIS nation’s largest banks but actually a Canadian Bank. And since when do private banks, American or Canadian, care so much about a munipalities future, never mind the well being of its workers? Now, the lede could have explained that TD Bank’s CEO pay was $11.4 million last year, an increase of 8%, which I am sure he earned, and which I am sure the tax payers of Johnston are very willing to subsidize with their hard earned tax dollars.
Like I said…it’s just about choices in focus, right?