A very good friend of mine holds a very senior position at Countrywide. He called me this morning and said that he needs to get a green wristband saying "protect our house" on it and that he will need to wear it all of the time (at work and outside work as it is not removable). I asked him what the consequences of not getting such a wristband. He said "then, I will lose my job."
I first thought that he was pulling a prank on me, but I found the article discussing these wristbands in the morning Wall Street Journal.
These types of required culture opt-in campaigns reflect the worst of corporate America. Such campaigns may go down well in Germany where everyone follows orders and seem to be very successful at General Electric, but in a society as diverse and individualistic as the US, these campaigns enable outsiders to easily identify which organizations lack creativity and lack individual expression.
I had hoped and believed that Countrywide is an organization that has the creativity and the ability to weather the current storm. Now, I am not so sure.
Comments
CommonSense
October 19, 2007
You got to be pretty gullible to beliebe that a rubber wristband "is not removable"... and pretty stupid to think that not wearing it can cost you your job.
Is this review helpful? Yes:1 / No: 1
Lefty
October 19, 2007
The first time I saw Tangelo Angelo, I named him the Maximum Guido. That was 7 years ago, and nothing he has said or done since has caused me to change my mind. He is utterly disdainful of everyone who works for him--and now it appears that he is about to get his so richly deserved come-around.
Is this review helpful? Yes:1 / No: 1
D Sambol
October 30, 2007
Wendell and I are working to figure out your true identities and when we do, you will be sorry.
Is this review helpful? Yes:1 / No: 1
HBrunk
September 24, 2014
I LOVED my job with Countrywide CLD. I learned more at the company's expense than I had in a decade of working in the industry. I have a "Ode to Lending" in my home that celebrates all the companies I have worked for. The insults and attacks only show the shallow and ungrateful people that were part of the markets greedy downfall. Angelo, I am proud to hang a picture with you on my walls, I only wish that I also had one with Gary Judis of Aames. Both men were visionary and employed thousands of people. My thanks for your dreams that helped me discover mine!
Is this review helpful? Yes:1 / No: 2
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