by Calculated Risk on 10/11/2007 10:31:00 PM

On EBay: Countrywide "PROTECT OUR HOUSE" Wrist Band (hat tip wall street pharmacist)

Click on photo for larger image.

The band says "Countrywide" and "Protect Our House".

Yes, it also says "Made in China".

Here is the text:

Employee Wrist Band
This wrist band was recently given out to all employees of Countrywide who signed a pledge to "tell the company's story" during the tough times that the mortgage industry is currently going through. There has been an overwhelming request online for these wristbands by collectors, as well as members of the mortgage industry OUTSIDE of Countrywide.

Some people believe that I am risking my job by selling this on Ebay. My thoughts are that I show my support to the company by working hard every day. I am happy with my job, I wish the best for my fellow employees who have lost their jobs, and I ask that you bid like crazy, just in case I need it!!! :)

Experts like blaming Countrywide for the current condition of the Mortgage industry, but that is just because we are the largest, who else are you going to blame? Once the dust settles and Countrywide regains the image that existed prior to this mess, this wrist band will be a collectible!

This wrist band is new!

The current bid is $152.50.