"If that is the case, then I have to keep asking why call it IG."

Good points, all, Steve, and a valid question to sum it up. Here's my 
opinion of  what the answer may be:

If you bring a lot of various parties into one effort, you typically 
wouldn't give that effort the name of one of those parties. A symphony is 
not called "The Cellos." Professional football is not called "the 
Steelers" (unless you're my neighbor). While engaging the other 
stakeholders - call it Records Management and they'll say "that's you." 
Call it Information Governance and they can say "that's us."

Gary



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