Countrywide Home Loans Wins Consumerist's Worst Company In America Contest

Duhn duhn da duhn! Envelope please… yes, America has voted and… the Worst Company in America award goes to…. Countrywide Home Loans (now owned by Bank of America)! The final vote was…

…6098 to 4826, a solid trouncing of Comcast, which had been favored to win by many commenters. After 67 rounds and five months of fierce battling, Countrywide climbed to the top of the poop pile and affirmed its well-deserved status as the absolute nadir of capitalism. It looks like in the end, we all decided that the destruction of a giant chunk of the American economy by greed and fraud was more reprehensible than an unsatisfactory internet experience.

The Lucky Golden Shit award will get shipped to Angelo “Golden Boy” Mozilo, former Countrywide CEO, who steered the ship of financial doom from its inception to the height of its unfettered raping of the American Dream, just as soon as we find a good mailing address for him. The receipt for the Lucky Golden Ship will get mailed to Bank of America CEO Kenneth D. Lewis, along with a certificate of completion.

Congratulations to our top 10 runners up

Comcast
Walmart
Bank of America
American Airlines
Capital One
Diebold
Exxon
United Health Care
Blue Cross Blue Shield
Microsoft

You’re champions, all of you. Better luck next year.

Comments

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  1. Well…duh.

  2. boshaus says:

    Well, I was pretty hopeful comcast would win, but congrats Countrywide.

  3. billbillbillbill says:

    So what does the runner up get? Any ideas?

    Silver urinal maybe?

  4. MercuryPDX says:

    @billbillbillbill: Silver urinal maybe?

    Golden shower?

  5. Mike_ says:

    I demand a recount!

  6. lalaland13 says:

    God bless America.

    I’d like to be a fly on the wall when the shit is received.

  7. blue_duck says:

    @MercuryPDX: Golden plunger for the surely clogged golden toilet. That way, they’ll all be connected forever. The end.

  8. warf0x0r says:

    6100 to 4800 is only a difference of 1300 votes or 11% of total voters…

    Countrywide: Their business model ruined their company and eventually drove them out of business, although they were acquired by BoA.

    Comcast: Their business model actually keeps them in business, but the populous hates them so much they actually put them up against a company who basically wrote itself out of business and helped take out a large chuck of Americas “wealth” and economy.

    Quite honestly I think it shows Comcast just how bad they are perceived by the public.

  9. MayorBee says:

    What’s the “Lucky Golden Ship”? Is that what the first mate of the Exxon Valdez would have gotten when he took over for Hazlewood and tried to save the ship? So BoA’s getting the Golden Ship because they tried to steer things right? Or maybe I’m reading too much into a misprint. :)

  10. blue_duck says:

    @warf0x0r: Good point.

  11. youbastid says:

    Comcast: They can’t even win when it comes to being the worst!

  12. foxbat2500 says:

    There it is the biggest douche in the universe.

  13. Roy Hobbs says:

    Is there any way to tell how many of the Countrywide votes came from Comcast Corporate offices?

  14. blue_duck says:

    @foxbat2500: I thought that John Edwards won that on South Park…

  15. Marshfield says:

    > destruction of a giant chunk of the American economy by greed and fraud

    That’s how they got my vote.

  16. mike says:

    I think the poll was “rigged”. If the economy wasn’t in peril, I’m sure comcast would have won.

    Comcast, you are in next years contest!

  17. HeartBurnKid, creepy morbid freak says:

    @blue_duck: Actually, that was John Edward(no s).

    John Edward is the smarmy psychic. John Edwards is the smarmy politician.

  18. davere says:

    I really think that the runner up deserves at least a certificate if not a silver squirt.

  19. pigbearpug says:

    I’m pretty mad that Countrywide won simply because the contest is such a great idea, and the thought of some executive receiving a golden shit in the mail is just perfection. Granted, they were a shitty company, but Comcast is worse and who is going to get the award now? Some douche at BofA? It’s kind of a hollow statement to send an insult at someone who had nothing to do with why you’re insulting him.

  20. davere says:

    @pigbearpug: Read the posting again. The award is going to be mailed to the ex-CEO. BofA will simply receive a certificate of completion.

  21. @pigbearpug: Mozillo is still at CW, I think he’s at one of the Simi Valley-area offices.

    He still deserves it, with the stock dumping, economy pillaging, and general shadiness he promotes.

  22. DrGirlfriend says:

    *sniff* I’m so proud of you, Countrywide. You have come so far in such a short amount of time. I knew you had it in you all along!

  23. @Barry White Stripes, Office LW: He’s just not a CEO anymore.

    /Having trouble finishing thoughts

  24. sk1d says:

    @ Consumerist: You guys should have held a press conference on the front steps of Countrywide’s headquarters to award the trophy.

  25. Ein2015 says:

    I really really really hope y’all get a response from either of the two… and that y’all post it! :D

  26. DashTheHand says:

    Leatherface Wins!

  27. WarOtter - I went to Japan and all I got was this tumor. says:

    @MercuryPDX: +1 intarwebs for that.

  28. synergy says:

    FIVE months?? Really?? Sheesh. Maybe a shorter time would be better. No wonder it seemed so drawn out.

    As for the “winner”… meh. I didn’t have a dog in this fight.

  29. crazylady says:

    @pigbearpug: I can’t believe you think Comcast deserves it more. Personally I don’t think they even should have made the top 10. I can think of many reasons why the rest of the 8 and others not in the top 10 have done more actual damage than Comcast’s shitty service/support (and yes, I have dealt with them).

  30. lightaugust says:

    @linus: … but the economy IS in peril, partially because of Countrywide, which rigged the poll, which got them the award, which… ah, screw it. Anyway, isn’t that the point of giving them the award?

  31. Scuba Steve says:

    Ballot stuffing by Comcast employees I tell ya!

  32. Pro-Pain says:

    How can Best Buy NOT be even in the top 10? That’s stupid. I’m not playing anymore. *pout*

  33. drjayphd says:

    @Pro-Pain: Eh, check back for the Consumerist Cold Hard Worst Company In America Power Rankings, sponsored by Coors Light.

  34. “You’re champions, all of you. Better luck next year.”

    Nice, Ben… Now I got Queen going thru my mind…. Nothing like envisioning Ken Lewis and Angelo Mozilo embraced, giving all those other companies the finger singing “Weeeee are the CHAMPIONS, my FRIEENNDDS”

  35. boxjockey68 says:

    huh, I am still surprised walmart didn’t go further, but I really thought comcast would take it, shows ya what I know.

  36. puka_pai says:

    @drjayphd:

    How about the Consumerist Biggest Douche in America, sponsored by Summer’s Eve?

  37. Still think Starbucks should have won.

  38. topgun says:

    Well deserved.

  39. m1k3g says:

    Countrywide FTW!!!

    ….duh

  40. Bahnburner says:

    Shouldn’t this award be going to the government regulators who allowed Countrywide to loan to people based on “stated income”?

  41. 3drage says:

    Fitting that B of A gets the turd through proxy, since they are just as bad.

  42. jonworld says:

    @Ein2015: Hmm…Consumerist probably has the CEO’s email. Maybe someone (or a few hundred people) could send him an email of congratulations on his company’s achievement.

    But then again, his email address is probably a Countrywide address and since he is gone as CEO, it probably got deleted.

  43. weakdome says:

    I like how this says you’re going to send the receipt for the turd to BofA… you should actually bill them for it. See what happens.

  44. AgentTuttle says:

    Anyone can spray paint a turd gold and print out a certificate. I might just give out my own awards.

  45. Meathamper says:

    Will Bank of America’s CEO Kenneth D. Lewis have to pay back the Consumerist the number on the receipt?

  46. HClay says:

    The runner up should be sent the “Silver Pooplet: The Shit That Almost Was”.

    You know… when you can’t quite drop the whole enchilada, and instead wind up with a couple of tater tots? (Pardon me, I was just at the Del Taco post).

  47. oregongal says:

    A valid shipping address? LOL and just what glorious company are you planning on using? UPS? FedEx? DHL? USPS? Come on guys, geez if you really want it to get there, hand deliver it!! With what we know about the ‘shipping’ companies, I wouldn’t give ya a plugged nickel bet on it making there LMAO!!!

  48. desterion says:

    Comcast not winning goes against everything the consumerist stands for. Just because countrywide has been in the news a bit lately doesn’t qualify them more than comcast.

  49. LucyInTheSky says:

    @desterion: countrywide helped ruin the economy. comcast provides a crappy service. i’d say countrywide deserves the coveted spot more.

  50. parrotuya says:

    I think Wally-World should be the number one worst company in America, Countrywide should be number two, American Airlines number three, AT&T number four and McDonald’s number five. Together, they make up the “5 Pillars of Corporate Evil!”

  51. Angryrider says:

    I think we’ve got a mandate from the Consumerists! Countrywide wins! They’re contributing to the decline of American civilization!

  52. mythago says:

    “Has been in the news a bit lately”? Dude, have you READ that news? Countrywide isn’t merely aggravating and incompetent, as Comcast is. “Ruining the economy and participating in shady loans” is a little more onerous than “does a crappy job of giving you internet and cable”.

  53. chauncy that billups says:

    You could send the award to my building. We still have a Countrywide office that seems very much up and running in Raleigh, with all the douches still employed. It may be owned by BoA, but the sign still says Countrywide. In fact, on my way in today I heard some woman on her cell phone complaining about a coworker – saying that last week the coworker closed a bunch of loans that weren’t underwritten.

    Sounds about right.

  54. ogman says:

    Oh boy, we elected a dead company the worst company in America. Irony? Stupidity?

    Brilliant!

  55. ogman says:

    @Scuba Steve: I agree!

  56. pileofcrapola says:

    I hope everyone sees that this final vote was rigged because Diebold lost out to Comcast in the semi-finals.

  57. arkitect75 says:

    Shouldn’t we do a re-vote now that Comcast has announced its Nintendo Wii/Triple Play rip-off.. err deal??

    RTV!

  58. intellivised says:

    Should send some fabulous prizes from other Gawker blogs along w/ the trophy. I think a good one from Jalopnik would be something like Meguiars (sp.?) complete leather care.

    Leatherface has gotta look his best to get his award!

  59. godospoons says:

    Giving a prize to shame a company that no longer exists. What a pointless gesture. Countrywide should have been disqualified the day they were acquired by BoA.

    Such awards are only useful when the pressure invoked can stimulate change. This will do nothing for Countrywide but could have helped countless consumers with future Comcast issues.

  60. vladthepaler says:

    Diebold and Comcast are both more deserving. But still, it’s been fun.

  61. AlexPDL says:

    @godospoons and @ogman: Countrywide most certainly does exist. It still has the same brand, the same corporate structure, and the same horrible problems that led to its prized place in Consumerist history. Just because it is a wholly owned subsidiary shouldn’t get it out of the running for such a well deserved honor.

  62. AgingHipster says:

    I don’t know if it’s been addressed here (sorry — I’m new) but those Countrywide boys are the same brothers who originally started IndyMac.

  63. AgingHipster says:

    Oops.. I see it has. Please disregard. I live in Pasadena, where IndyMac HQ is and all the lines were the other day, and a lot of people in line were saying that if they’d known it was at all related to them, they never would have had their money there to begin with.

  64. bmoredlj says:

    The American Dream is overrated. I mean, what’s wrong with coming up with your own dreams, instead of simply adopting a preexisting template?

    Here’s an idea, if you want a huge $500,000 house, SAVE up $500,000 and write a check. If you can’t save up that much, then you’re setting your sights too high in the first place.

    Getting a mortgage is like selling your soul: you end up with one paddle in a two-paddle boat to heaven, and if you default, they take the boat, too. Wait…

  65. bmoredlj says:

    Besides, I maintain that Blackwater USA is the worst company in the country, if not the world. I mean, they kill for profit, for chrissake! Countrywide only wounds!

  66. ivy99 says:

    we won! yessssssssssssssssssssssssssssssssssssssssss!!!!! on behalf of the company i work for i’d like to say its great to be acknowledge as the worst of the worst! eat your heart out comcast

  67. Anonymous says:

    Yes, they (countrywide) do deserve this! As a housing counselor, this company constantly turned down or delayed any requests by our agency to help those facing foreclosure. Wells Fargo was right behind them, I might add!
    Comcast-sucks here and everywhere, been doing DSL for internet for many years due to Comcast and their poor customer service and poor quality/high outage rate.
    I would personally have to go with Microsoft-besides inane phone routing (to nowhere, usually), they have bizarre rules and regulations. I dealt with them on a simple warranty issue for a defective xbox that took me all across the world speaking to foreign reps, finally to Redmond, wa where the dweeb in charge simply told me “no, we don’t do that”, no apology, no empathy, no support, no hope of anything. Their products are horrible and so are the managers/supervisors, another case of mutated corporations that are glutted with money and unwilling to help anyone or care if their customers return or buy anything else.