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Worst Company in America?

August 1, 2008 by jessebkaye 

The Consumerist just came out its ‘Golden Poop’ award for 2008 and the winner is Countrywide, now owned by Bank of America. Wow, having worked so closely with Country Wide I can’t say I am shocked, but is the award merited?

Ok, I am the first to admit that Countrywide’s practices could be considered improper, but they weren’t alone in slim dealings. It seems like Countrywide is playing the scapegoat here in a game of finger pointing. Saying Country Wide is the worst company in the world for the current mortgage problems is like saying car companies are responsible for global warming.

I agree there is a link between the crisis and Countrywide, but they can’t be held solely responsible. Countrywide is nothing more than a service provider, how someone uses those serves is at the desecration of the service user.

Am I wrong with interpretation of this award? Do you have your own opinion on Country Wide? Do you think they deserve this award or not?

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