... And All I Got Was This Green Rubber Wristband

Livestrong wristband (Source: Wikimedia Commons)"Having suffered a barrage of negative headlines while battling to shore up its finances and shrink its work force ... by as much as 20%, the nation's largest home-mortgage lender is launching a PR blitz," with the help of Burson-Marsteller (B-M). Countrywide Financial Corp.'s new slogan is "protect our house." During a September 26 call with 250 company "opinion leaders," Countrywide managing director Drew Gissinger stressed, "Our integrity is being attacked. NOW IT'S PERSONAL!" According to the script for the call, Gissinger encouraged employees to sign a "Protect Our House Pledge" and wear a green wristband. "I want employees to look down at their wristband and remember our fundamental mission to help our customers achieve the American dream," reads the script, "and to help them withstand those malicious outward attacks." B-M's Jason Schechter announced that 25 Burson employees are developing "a very comprehensive external and internal game plan to regain control of the agenda." Writing on Salon.com, Andrew Leonard lists among Countrywide's woes shareholder lawsuits, tanking stock prices, increased foreclosures, and comparisons to Enron and Worldcom. The "average Countrywide employee" may be less than thrilled with the wristbands, Leonard writes, since the CEO "pocketed $138 million last year while 12,000 of your coworkers are about to be fired."


Hooray red Colbert Nation WRISTSTRONG wristband!

Maybe those maybe those Countrywide employees could think about wearing a WRISTSTRONG as a form of protest, especially since the proceeds (above a $5 shipping charge) go to the Yellow Ribbon fund for Walter Reed and Bethesda Naval hospitals. :-)

Much better choice, nation!

If you were employed by Countrywide Financial as a mortgage loan officer, processor, originator, specialist or consultant and believe you did not receive all the wages and overtime pay you are owed, you might want to contact some overtime class action attorneys:


You can also share your Countrywide overtime pay complaints with other Countrywide employees: