Judging by the comments on the last post, I think everybody knows that the poop has hit the fan again. With such a small amount of people left in the office, I haven't been able to post without fear of getting caught. These are sad and angry times around here.
It appears that management (or supporters of management) have been posting comments to the blog. Hey - that's fine - it's a free country and I'm not going to censor anybody. However, I do need to address an issue that has been brought up.
Let's get this straight right now: everybody's situation with this company is not nearly as simple as "if you don't like it, leave." Anybody expressing this sentiment is foolish, arrogant and self-delusional.
When a company hires you, they typically put their best foot forward during the interview process, just as you try to make a great impression by wearing a nice suit as an interviewee. Often, despite our best efforts, we find that the company isn't all that it was cracked up to be only AFTER we are hired and become firsthand witnesses to the general nonsense and shenanigans going on.
At this point, according to some commenters, we should leave the company. Nobody is forcing us to stay, right? ABSOLUTELY WRONG. In the REAL WORLD, people have bills to pay. Getting another job isn't easy, especially with the fear tactics First NLC uses regarding folks who access HotJobs, CareerBuilder and Monster. This industry is in the dumps right now, and other gigs are hard to find. Plus, right now, having "First NLC" on a resume isn't very desirable. The mortgage industry knows what this company's reputation is and doesn't place much value on anybody working for it.
You do what you have to do to keep the kids fed with a roof over their heads. Dare I say you "DO WHAT IS REQUIRED" to keep your home and family safe and secure.
How anybody can insinuate that we are being whiners and complainers while we are free to leave on our own accord is absolutely irresponsible and myopic. This is the type of thinking that plagues this company and will keep it from recovering on its own.
As for management: I wouldn't be so smug and cavalier if I were you. It is no achievement to get bailed out for a second time by a company that specializes in this sort of thing. Take a look at how Sun has turned around their acquisitions. They know dead weight when they see it, and I'm pretty sure their due dilligence will land them on this blog at some point, if not already.
Link: http://www.palmbeachpost.com/business/content/business/epaper/2007/08/03/a8b_firstfin_0803.html
Friday, August 3, 2007
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77 comments:
I agree 100% on your post with the exception of having First NLC on the resume is some sort of drawback. ---I don't find that to be the case.
Anna is right when she said companies put their best foot forward but so do applicants as we all know. Sometimes the skills applicants profess to be proficient at are exaggerated on their resumes. And then there is personality. Applicants may be very outgoing and energenic during the interview process and then when hired these same people are time wasters and clock watchers.
As the employer/employee relationship develops, just like any relationship, there are good and bad. People are not perfect, they make mistakes. As a employer, First NLC pays for all the mistakes made by employees and management.
The problem with most of you is that you took the job and stayed in the job you were dissatisfied with for your own personal reasons. With the downturn in the economy, obtaining another job might require energy and effort on your part. It is easier to stay in a job you are dissatisfied with then spend the time required trying to find other employment.
Quitting, most of you do not believe in yourselves to just quit and find another job or your are in high paying jobs and are afraid if you quit you may not find another company willing to hire you at the same pay rate as what you were receiving from First NLC. Basically you are upset because First NLC quit you before you quit the company and you want someone to blame.
Blame yourselves and your lack of self esteem. Based on your dislike for the way management handled the company, you should rejoice that you are out of the environment and First NLC should be glad they laid the right people off.
Here is also one more piece to the staying/going puzzle.
The management had a "gentleman's agreements" with many of the local mortgage companies.
To be notified of anyone of the employees applying for work. FNLC would be notified almost immediately. And that person's application went NOWHERE. So exactly where would these people have gone?
A number of people have left the company over the years and these people seem to find jobs. Where there is a will there is a way.
Toobad views are distorted by his relationship with the company. What are the circumstances that brought toobad to FNLC? Toobad should reflect on the circumstances and have a little understanding for the anger some are experiencing during these difficult times. It is true that those who are complaining should not have stayed on the job, but they are not crybabies as you wrote. Do you remember when you made your speech to support your cause? We were all having lunch but we listened even if the topic caused upset stomachs. So even if you are disgusted by the comments posted I say have a little heart.
The problem with most of you is that you put your future in someone else's hands instead of your own. When this someone else cannot live up to your expections or the market turns bad you want someone to blame. There are so many people and things you can blame but the real blame belongs to yourselves. You put your future in a company and a market that let you down. Oh well, that happens in life. Instead of being thankful for all the good things that happened during your employment with First NLC, you dwell on all of the negative.
Have you not said something to someone with the best intentions and then things do not go the way in which you hoped. Well that happens. So you did not enjoy your lunch whose fault was that. If words and speaches turn your stomach, your stomach must be very weak.
Your future is your own. You can continue to complain about this or that and cry over expectations lost or you can get off you a$$ and take control of your own life. The company is not responsible for your well being. When you signed on to work for First NLC, that was not part of the agreement. You agreed to do a certain job and First NLC agreed to pay you for the work you performed. Due to a number of factors, the business is no longer there. First NLC tried to save as many jobs as possible and tried to keep as many people on the payroll until it had to take drastic measures. Maybe First NLC should have laid more people off in the first round of layoffs and kept the cash it put out for payroll. It is easy to look back and say you should have.
Now you are responsible for your own wellbeing. Maybe that is your problem. You fear being in charge of you own future.
Sorry the company let you down and laid you off.
toobad, four months into my new job and loving it. I was not part of the unfortunate group that FNLC had to cut. I left because I had a better opportunity. Others would have done the same if the opportunity existed. I am not faulting FNLC for the problems in the market and I am not agreeing with some of the comments posted. What I am saying is that as a member of management you should step above the negativity and and talk about the good things, if any, FNLC has done or is doing. Your behavior reinforces the views held by many.
Johnny I am not sure others would have done the same. All a person has to do is turn on the TV to know the mortgage business, builders, retailers such as Lowes and Home Depot, and the real estate industry are in the slumps. Unlike you, many people who were recently laid off never took the next step to find a solution or thought it might happen to them. These people were complacent to believe the company would take care of them no matter what. The company tried to do this and never expected things to go downhill as fast as it has. Most of these people want to blame the company instead of themselves.
Management has to keep moral up even when things look bleak. Negativity will definitely destroy anything that someone is trying to save. In order for this company to make it through this difficult period, the employees and management have to believe in what they are trying to achieve. If a person is not a believer than he must leave.
Ultimately it is the individual who must decide whether to risk or to move on. If you choose to risk and it doesn't work out, then one has himself to blame not the company.
Loyalty only gets a person so far. When you have to cut payroll, you choose the individual best suited for what you are trying to achieve. No one really wants to lay people off. It is the hard part.
This blog has become one of my favorite sources of entertainment now that "toobad", who is clearly an executive manager at First NLC, has begun to add color commentary! I have to point out the obvious, however to "toobad" - no one posting on this blog is going to disagree that the mortgage industry, especially subprime, is in the crapper these days. I don't believe all the people posting their comments here are angry that they are losing their jobs because of what is happening in the mortgage industry across the board. Most are intelligent enough to understand that it is a tough market, and every mortgage company is downsizing.
Several mortgage companies have gone under - Ownit, New Century, Fremont, etc. But why is it that none of the previous employees of these companies have set up blogs to talk about the grief they experienced working for these mortgage lenders?
Because it is not just about the crisis affecting the mortgage company. It is about the way your employer (mortgage company) treated you, both while working for them and when they let you go. "toobad" - even by choosing the name "toobad" for this blog! - sums up the arrogance and attitude of the management team at First NLC. It's "toobad" for all of you that you are losing your jobs!!
A great company is measured by the people that work for it and how those people are treated, both in good times and in bad. I know people that used to work at Ownit and New Century, and they don't speak of their former companies and their former management team with nearly the venom that seems to be expressed at the managers at FNLC.
"toobad" - maybe you and the rest of your management team may want to take a look in the mirror and ask yourselves why so many of your current and former employees hate you, your management style and your company. And if you really cared about your employees and the reputation of your company, you may have even entered the conversations on this blog with a different approach, and even a different name besides "toobad".
But instead it seems you want to bully and intimidate the very people who helped build your company, even after you have just let most of them go. Why not keep kicking them while they are down? If anything you have validated why they set up this blog in the first place. You have absolutely no respect or compassion for your employees.
I know as a broker I won't be sending any more loans to FNLC. Who can put trust in a company that has managers like "toobad" running the show? I feel very sorry for all the FNLC employees who are still there - even more sympathy than for those who have already been let go. At least they're free from working for people like "toobad"!
Hurrah to Cobalt! That was very eloquently put. First NLC left me dishearten about the mortgage industry. Originally the sub prime lending attitude was to assist the borrowers and help them get back on their feet. From what I could see First NLC was about get the money get paid. Another thought is why all the former Ameriquest employees? Also when First NLC goes down whose skirt will they hide under next? I hope they have another trade to fall back on. Maybe online trading or financial counseling because sub prime on your resume makes you look like poo nowadays.
Follow this link for toobad's comments to the press.
Reuters Article
Why is toobad singing a different song to the press? At least keep your name out of the press.
A-MEN!
I love you ANNA, whoever you are. It is sad that this business has no business sense whatsoever. At least, that is what most of us found out the hard way. Your assessment of the situation I think is very objective and fair. This "cavalier" reaction has always been a main staple of the fools that run the business and the ninnies that have done their bidding. A lot of really good people got the axe, while a great many lackies who know whose @$$ to kiss kept their jobs or were conveniently transfered to other departments that came to have a need even with a hiring/transfer freeze going on. Case in point, docs and funding!
I hope that Sun does bring their due diligence in to clean house, quite frankly I don't see how they can't or won't. With the last federal audit that spurned all of the crap that the compliance department was trying to bury in Iron Mountain boxes, it would be gross negligence and incompetence if they didn't do a full-on business style0 "colonoscopy"! To the Henchel's, your day has come; and to the ever-so smug trifecta running Anaheim, remember "We are stronger today than we were yesterday."?
I equate that attitude to the black knight scene in "Monty Python's Holy Grail".
In closing, not to sound too negative, because then that would be too "reactive"...but this company had a great deal to offer with a lot of really talented honest working people (some who are the few like "Anna" who are still plugging along). But the underlying fact is, is that the cuts and abuse were done by a bunch of completely unprofessional, hypocritical, and dishonest people (all of whom I can say have caused the downfall of the company).
The olden trifecta running Anaheim and the Henchel boys in Florida, there is only one last step after Sun cleans house - the FEDS...and hopefully some prison time.
Cheers
Cobalt, that was an excellent comment that really hit the nail on the head.
Toobad, with all due respect, you have only illustrated what a pompous ass you are with your comments. Your company has gone down the tubes, and whatever authority you may have had will be stripped away by Sun. You failed. Stop blaming the little people and get over it.
I experienced the whole "gentleman's agreement" thing and now that some of the smucks just experienced their lay off, all I have to say is Karma sucks huh?
I am not who you think I am. My emails were more personal and are addressed to I believe the person whose alias is "anna nonymous". According to the person that I was intimate with, this is his identity.
Because of him, I have found that business relationships and personal relations are very similar. People walk away with similar feelings. Most of the comments I made are comments he has said to me.
In my opinion, he treated me very similar to the way the Henschels treated him. When he was looking for a job, I was very supportive. I would show up at his apartment with lunch. When he was down, I would suggest we go out and do things, etc. Several times I suggested we break up due to the fact that he would probably be moving and he lead me to believe that I would be welcomed where ever he went. As soon as he took the job with FNLC, he changed.
We made plans that I would help him move and spend a couple weeks with him at his new place. The day before I was suppose to meet with the movers to move his belongings, (his job was too important for him to move himself) he calls to tell me that I need to cut my visit short because someone else is coming to town. My response was "hell no. . . if you want me to change my plans then move yourself". Since I live up to my word, I decided to help him anyways. I figured he would do the right thing. I get an email later that day saying "I did the right thing and explained to this person that you would be in town". I proceed to move him, load my car with plants and things that the movers would not take, and head to Florida. As soon as I get there, he is offering to pay for a trip for me to go out of town because he is too busy to spend time with me. While he is trying to convince me to take the trip, he is asking me to wait at his house so the cable person can install his cable and he does not have to take the time off work. He asks me to charge his new tv on a credit card, etc. Needless to say, he never did the right thing. He kicked me out of town so that he could spend time with his other visitor. After this visitor left, he continue to lie about this person coming to town and told me it all had to do with work and sales meetings, etc. It took him six months before he was able to admit the truth (which I already knew0. Just recently I went to visit him to tell him about my health problems and the day before I was coming down he must have called me 20 times. He acted like he was excited that I was coming to see him. While I was in route I must have called him 4 or 5 times to find out when he would be home because I would be arriving around 3;30 p.m.. When he finally called me back, I was told he was really busy at work and would not be able to catch up with me until 8 p.m. Needless to say I laid in his driveway because of my illness until he showed up. Later in the evening he told me he was invited to a cocktail party which he did not go to probably because of me making him feel bad.
Needless to say, I don't see any difference in the way that he treated me and the way he was treated at work. The only difference is it was him who was treated badly instead of me.
All the comments I made on this blog were the comments he fed to me. Get over it. I am sorry. I want you to be my friend. i was in a bad place. I was in shock.
Because of the emotional attachment and because of the person I knew before he took the job, like all of you, I wanted to believe him.
I see the same anger, etc. that I felt for him that you write about towards the company.
It was only when a friend told me that I deserved better, that it hit me. I was the person wasting my time on someone who didn't give a damn about me but cared more for money.
Too bad if he is feeling the same emotions towards his employer that I felt toward him. He should take his own advise. By the way, I have no intention of giving up his identity nor do I want any harm to come to him. I just want him to stop being a hypocrite.
When I went to visit him this last time, I realize how sad and unhappy he really was. I offered him a place to stay so he could quit. He turned me down.
If he is without a job, it is his problem. If he stayed because he thought he could save the company, again it was his choice. He doesn't need to blame anyone but himself. I offered as a friend not for any other reason.
He choose to stay with the company.
I forgave him for my own sake. I realized he lost in the end just like the Henschels lost. Neither appreciated what they had.
My advise: Forgive and move on. They are not worth the energy.
Toobad, if what you say is true, you are really off base on my identity. REALLY off base. I don't think you would even know who I was if I told you my name.
If you have used this blog as a forum for personal attacks against somebody and you have never even worked for FNLC, then you are barking up the wrong tree - you'll have to get your therapy elsewhere.
I've heard a few rumors floating around the company about who I am and none of them have been remotely close. But, I will provide a little hint: I am (was?) an individual contributor at the company - I have never managed anybody nor had people report to me. I'm willing to bet that at least 80% of the people in this company wouldn't even recognize me if I passed them on the street.
To follow up on my last post - all you need to know is that I am somebody that FNLC management messed with (the WRONG person to mess with, I might add) and now they get to pay the price for their two-faced lies, shady business practices and insincere promises by reading about them in a blog that they are powerless to control or censor.
I don't believe you . . . sorry but the person I use to be involved with claimed to be "anna nonymous" and what you have written goes along with the stories he has told me about the company. You might want to convince someone wlse but you will never convince me. I never knew about the blog until he devulged this info and he also named the other people who were involve.
It is amazing what someone will share with someone when they think they can trust this person. He wanted me to think he was the person I knew when.
I know all your identies but I have no intention of sharing this information. . . I just want him to not be hypocritical . . . forgive and move on.
The other thing is I never said that people reported to you or that you managed anyone. . . strange how you are defending yourself against what . . .
I'll tell you what, Toobad. Make this person prove that they are who they say they are. Ask them to post something as Anna and see if they can do it. Heck, if he/she is really Anna, then they can post an entry, let you see it, and then remove it before it gets into general circulation.
I think it's funny that somebody is bragging about being the author of this blog when they have nothing to do with it.
Really - I'm not who you think I am - I doubt our paths have ever crossed.
Plus I am not using this as a way to get even . . . I am actually doing well. I am in the process of finding a business to purchase, a new house to buy and enjoying everyday. I am busier than I thought I would be and have more loans and work than I ever imagined. What a difference time makes and friends. My friends kicked my butt and got my off my ass. I no longer live for the day when you really apologize for your behavior.
Tell someone who believes your lies . . . I no longer do nor do I care. . . I have heard so many that anything you say is b,s.
toobad, the comments are flying fast and furious, no?
All of the individuals that have been unfairly rumored to be the blogger have been at FNLC in some management capacity, so I just wanted to clear the air.
There are three main people who are using the anna nonymous identity. One has a password and the other two contribute.
Maybe you don't know the people you are involved with or who they confide in as well as you think you do.
Tbere are so many clues in what has been written to date to give this person away . . . and the fact that they admitted to being part of the blog to me and they gave me the other names of the people involved. Your secrets are safe with me . . . just don't try to b.s. . . . I am blond but not stupid!!!
Plus I never said these people were in management . . . you did.
Wrong again - I work alone, although I have many sources of info and I was within earshot of many interesting conversations at the company.
Toobad, this person sounds pretty rotten and I think you should start a blog about it.
As for the dillweeds that claim to have anything to do with me or the mechanisms behind this blog, kindly f off.
You can convince someone else but you will never convince me. Sorry, write what you will but you really don't know who you are involved with. You know this person in a work environment, I know him in a different environment. You can try to convince your fellow bloggers but you will never convince me. The language and the things he talked about with me are verbatim in the blog.
Plus I don't need therapy but I think it is funny and sad at the same time. I see my old self and my old anger. I am past that now. Move on, don't let anger consume you. As someone told me, you deserve better and until you believe it nothing will change.
Ok. Whatever gets you through the night. If I didn't have a shadow of doubt that everything you posted is total BS to get me to reveal to you who I am and send your lawyer buddies after me, I'd send you my email address and when all was said and done, we'd have a couple of laughs, introduce ourselves, and maybe start that blog about the person you think I am.
I would really love to get in contact with you since I was told who was involved but I really don't want to get anyone in trouble. I understand your anger, pain, and hurt.
Thanks for suggesting I start a blog about him but I am not that vendictive. I choose to forgive and move on. He will continue to beat himself up and be self destructive. He ultimately lost in the end. He just doesn't know it yet and if he does, he really doesn't want to admit it.
I would love someone to do the things for me that I did for him before it turned bad and he decided to chase money and career.
P.S. I don't care if you reveal who you are . . . I already know who you are thanks to this person.
Plus I have several emails from him confirming what I am saying. I don't need proof. The proof is in the emails.
I deleted because of language errors not for any other reason.
Not only do I have emails but I have voice recordings our my conversations with this person.
Toobad that is a very good attempt to confuse and hide your identity. I know your position at FNLC gives you access to the information in FNLC's possession. Toobad, your attempt to use that information to unmask bloggers is despicable and typical of the Henschels. Yes, I know that you had the IT department trying its very best to identify the owner of this blog? IT was incapable so you fired the person in charge of the investigation. You don't have the information you claim is in your possession. Stop the nonsense and get back to work.
I really don't work for the company but I work in the industry. I know a lot about the company from two main people one of whom I was involved with. I believe you are the person trying to throw your fellow bloggers off. Maybe you should not put career and money over relationships. Maybe you should reexamine your priorities or not.
Maybe you like the way your life has been going over the last couple of years. I hope you have a nice peaceful day.
I don't have a problem leaving my name or my email on this board due to the fact that I don't work for the company. My first name is Cher. I work in the mortgage industry for a small broker and I also work for a number of builders cleaning construction sites. I don't live in either Florida or California. One of the sales people your firm laid off in the state in which I reside in March has taken a job with Countrywide and he is trying to get the firm I work for to add Countrywide on as a vendor.
Cher, you and I have never met.
Thanks for revealing your name. I hope this puts things to rest and the wussbag that gets off claiming he is me will stop pestering you.
Toobad you are still attempting to mislead and confuse people. Cher does not exist and never will exist. Toobad your passion for "setting" the truth speaks volumes about your connection to the company. Don't look so preoccupied the next time I pass you in the hallway.
what is this a soap opera??
Nah. Soap operas are too plausible and believable when compared to the real-life tom foolery that has happened at FNLC.
what is this a soap opera??
I think there are two different "toobad" posters. Or two people using the same account.
The first series had some very ignorant views of the company and its status, but at least those posts came from a somewhat intelligent author with an education. The second series of posts after "cobalt's" seemed to be very emotional and poorly written. The second "toobad" after cobalt seems to have a very bad concept of word usage, common grammar along with a very poor spelling aptitude. In other words the second seems to have a GED or is a high school dropout on an alcoholic binge.
It's just an observation.
Either way, I still stand with my prior comments and how badly this company messed it all up.
Not once, but twice.
This just confirms everything. You want to go for the jugular since you know I am an English major. Why don't you grow up, stop your pathetic lying, and get over your vendetta against the company.
You were unemployed for seven months before First NLC offered you the job. You choose to take the position even though you were not happy with the terms. As soon as you reported to work, you started to question everything.
Even though you were unhappy with the choice you made, when given the choice between working or having personal time off, you choose work. Why?? Because you would rather be at work, then be alone at your apartment. You disliked the weekends. When people came to town to visit you, instead of taking the time to enjoy and appreciate the gesture, you choose work.
Now you want to trash management. All I can say is you are a very unhappy person who sabatoges everything that comes in your path. You are your own worst enemy. While collecting a paycheck from this company, you are bad mouthing the owners. Most people are smart enough to wait until they have left and gotten another job, before bitting the hand that is feeding them. Even a dog knows not to bite the hand that feeds him but apparently you don't.
Do you not feel any remorse for what you have done? If I remember correctly, you do not want to be judged for all your mistakes so why are you judging others. Do you enjoy being a hypocrite? Are you that cold hearted and do you carry that much anger and venom to want to destroy everyone's job at First NLC just because you are upset with the Henschels.
The person you should be upset with is yourself. Why should an IT person loose his job because you started a pathetic blog because you are unhappy with your choice of employers. The Henschels gave you a job when noone else offered you one.
Do you really think this blog matters to anyone but you and a few of your fellow bloggers. If I was management, I would laugh it off. This is very childish behavior. You are angry and you are throwing a temper tantrum because things do not work out like you expected or wanted. The best way for a parent to deal with a child who is throwing a fit is to simply ignore him.
Do you think anyone really cares about the fact that you were laid off from First NLC??? Most people live in there own worlds and don't care. As long as it does not personally affect their lives, people really don't care. The only person who feels your anger and disappointment is you. The only person you are hurting by being angry and disappointed is yourself.
Case in point: Do I believe you lost any sleep over the countless lies you told? I would guess not or you would have stopped lying.
Too bad, grow up, and move on.
P.S. I am not two people with one password. Only you are your cohearts would think of something so immature. If you really had guts none of you would post under an "alias". The reason you write all the crap you do is to put doubt in peoples minds and because you fear getting caught and the consequences. You can trash someone behind their backs but you are too afraid to do it to their faces. If you are so angry with the Henschels, why not write them a letter or set up a meeting and tell them to their faces. Isn't that what a real man or woman would do. Oh I just remembered that isn't your style.
Cher
Here is a thought both of you shut up! For real.
Have your pissing contest in private.
This has gone from an exchange of information good or bad. Too a sniping contest between the two of you. Guess what no one gives a hoot except you two.
This really is a valuable site in the sense that it ripes open the workings of FNLC to everyone including the new investors.
Much to the Henschel's dismay. It really amounts to nothing if they had names of posters. Because almost everything you can verify independently. They live in a very insulated world. There core (Senior Management) Did not or would not keep it real for them. Because they themselves have gotten very used to their paychecks. So as mad as they are. They will hopefully get over it with a new venture other than FNLC. The time has come to move on. Life is all about change. And that is something that the core of FNLC has NEVER wanted or HAS done.
Get back to being focused about what this blog was started for. If the pissing contest must continue. Start a new post for just that.
P.S. All of my typo's are free... :)
To Mortgage Girl: This blog was started over vengeous and anger towards the Henschels after a certain someone was laid off in California. From what I heard, this person was not treated very nicely when he was let go. I heard he found out in a men's bathroom. Once management found out, they had the blog shut down. Then a couple more people who were dissatisfied but still worked for the company jumped on board and the blog was restarted. The purpose of this blog is to try to bad mouth the Henchels in the hopes the company goes under and to antagonize them.
It is the Human Resource Department that is suppose to know the laws of what is legal and illegle and in this size company that is who the Henschels most likely referred to when the lay offs started taking place. So in essence if the Henschels did not stay within the law during the lay off process it would be because they were given bad information or because they ignored the information given. I would guess since reading this board that they stayed within the law.
Sun has owned First NLC and has worked with the Henschels before and this blog will not change this relationship or enlighten them. All the blog does is prove to everyone that the right people were laid off. IF this company survives, the owners cannot have people sabatoging it from within while they are trying to save it.
When you have the money to own a company it is your right as the owner to do what you want with your company as long as it is legal and most companies and their owners/management like to work in the gray area of legal. If the people who work for you don't like the way you run the company, that is their problem. This is personally why I left Corporate America years ago and put my faith in myself. I don't like to answer to anyone and I don't want anyone to have control over my future.
TooBad: So your trying to say everything that has been stated here is bullshit.
Who is the one not facing reality?
HR is a freaking joke. I personally watched and witnessed. One woman who still works for the company repeatedly make racial and gay bashing remarks. Completely violating their rights. The employees went to HR and guess what happen not a dam thing! This prejudice person is still working there and her management is still protecting her.
So which FNLC did you work for?
Certainly not the one I worked for. I still have all the copies of the emails. Of how that shitty management handled the situation. I was point blank told to destroy the documentation. I did one better I took it home.
And your right the Henschel's will probably not get let go from Sun, why should they. They keep making them money. And will probably do it again years from now. That is like have a CD. There is a absolute payoff in it for them.
I agree with you mortgage girl. I too have e-mails and other documented proof of the things that management was trying to make branches do that I did not feel were ethical or beneficial to the borrowers. The whole point here is that the company brought in ex-Ameriquest employees and allowed them to run the company under Ameriquest techniques and it back fired on them. It is time that the honest people that work hard for a living and care about their customers continue working and for the ones who give the industry a bad name to find something else to do.
As far as whatever is going on with "too bad". I too thought it strange that the whole tone and mood changed in his/her posts and it seems like it is either two different people or maybe multiple personalities.
Toobad, Sonny, Cher...whatever your name is: I tried being nice to you a couple of days ago, but you continue to fire off misguided insults and attacks on this site. You think you know who is behind this site, and you are completely incorrect. My advice to you is to directly contact this person you have a problem with and stop using this blog as a platform for your views which have nothing to do with First NLC. Consider yourself censored.
toobad,
Once again you've proved you don't have a clue.
I don't know who it is that you think I am but you couldn't be more wrong.
I've been steadily employed for over 20 years. After the layoffs I was back to work three days later.
I haven’t lived in an apartment since the 80's and I did not work at Anaheim.
I'm sorry if I insulted you when I accused the "toobad" moniker of being two different people. But seriously why don’t you take a look at the difference between the posts? Some are coherent, others are not. If all of those ramblings were yours you must have been pretty emotional when you wrote some of them and very in control when you wrote others.
Some advice for you. You seem to have an anger issue with this person you keep mentioning. Maybe you should have a talk in private with your ex. This blog is no place for you to post about your personal relationship to him and frankly I don't think anyone here cares to know why he rejected you.
And mortgage girl, lighten up. It was just my observation. And typos weren’t the only thing I observed in toobads posts.
Bye the way, who is this IT person that was fired for being unsuccessful at investigating blog and it’s owner?
Are you talking about the Director of IT? Earlier this year?
I have read many of the comments posted and have come to the realization some are playing with the truth. The IT person was fired July 2007. The person in California FNLC dismissed in January may have started the blog. However, management cannot prove he started the blog. HR department knows what is legal? Please, the HR Director (who was dismissed in the middle of night) I am sure he would disagree that management tried to do what is legal. I was recently in the HR department and heard all the negative comments. The HR department takes advice from the Henschels. Who in HR has the hutzpa to correct the Henschels? FBR reported that FNLC settled employment related claims. FNLC was sued because it was not following the law. Maybe FNLC should hire someone to give good legal advice.
FNLC may survive the problems plaguing the the mortgage industry. However, survival would not come without more layoffs. Sun's ultimatum to FNLC was to get profitable and do it fast or else?
Of course management can't prove this person started the blog - because he didn't start it or have anything to do with it. I'm not even sure who this person is that you are referring to, but rest assured it ain't me. Heaven forbid if somebody who management never takes the time to speak with is the blog author.
Silly, silly management. Once again, failing to think outside the box while staying within their own isolated bubble.
I would have to agree with Too Bad..
Sorry Anna but that is a load of BS!!
There are 2 people who write under Anna.. you can tell by the writing style. It is so obvious that the Anna that is posting now does not write like the Anna posting a month ago.
You may be the Anna that started this blogg but somewhere along the way the writing style changed for a bit???
Anna when you posted: "Who are we trashing" this is when the original Anna came back.
I think I like the other Anna "she" was a little more cut throat seemed to have the the confidential info on FNLC. Anyway it's all really good entertainment...
Anna,
You can try to censor me. Just like you and your cohearts, I can create new screen names and continue to post. Unlike you, I will admit to what I do. Oh I must have hit a nerve today to be censored.
The reason Anna no longer publishes confidential information is, in my opinion, because this person no longer works for First NLC.
Basically this blog began to judge the morality of the Henschels and to enlist others to voice negative opinions about these people and to destroy the company. Case in point go to Yahoo/Financials, type in FBR under stock symbol, and look under messages. On a number of occassions it refers investors to read this blog. The reason for this is so that people will not invest money in FBR's stock in the hopes that FBR will be forced to shut down First NLC or fire the management team. Apparently that plan did not work. Good attempt.
The reason I wrote everything I did was to prove that you want the company to fail (never once have you agreed with any positive comments about the company or the Henschels) and the second reason is to say if you are going to judge the Henschels moral conduct than maybe someone should judge your morality. People in glass houses should not throw rocks.
The reason you refuse to give your true identites is because you might have to face legal action. Neither you nor the Henschels are innocent. In fact both of you have crossed the legal line. Again you are no better than the people you are judging.
You point out that it is wrong for an employee to gay bash and make racial remarks which I agree with wholeheartedly, but I bet the authors of this blog have made sexist remarks if not also racial and gay remarks sometime in their lives. Probably more times than any of them are willing to admit. Since you want to judge management for not handling the situation to your standards, why don't you apply the action you think this company should take on yourselves since you want to be judge and jury.
Corporate America and morality do not go together. The reason companies are successful is because they live in the gray area of life. After spending decades in the gray area, it is hard sometimes for the people at the top to differentiate between what is right from what is morally wrong. Managements main objective is to make money. Just read the newspapers or listen to TV. So many companies have been guilty of stepping over the line (Martha Stewart, Enron, Denny's, etc.) The list goes on and on. I don't think there is a company out there that has not done something that was immoral or illegal.
I am sure the authors of this blog while working for First NLC or any of their past employees made bad choices that were morally incorrect or illegal but no one has created a blog to point out their falacies.
I think if you look deep within yourselves you will find that you are "workaholics" and that your life is out of balance. I bet your lives are unsatisfying and that you don't take care of yourselves emotionally, physically, mentally, educationally, etc. I also would take a bet that your personal lives aren't very satisfying.
Work to you is like a drink is to an alcoholic. The reason you did not seek other employment when you realized you were unhappy with the management team is because to you it is better to be in an unhappy environment than it would be to not be employed. Metaphorically speaking you were afraid you might not be able to have that next drink if you leave the bar. So instead of dealing with your addiction, it is better to stay in a place that you find morally unfit.
Now that you are laid off, you nned to blame someone for taking away your drug of choice away and hence it is the Henschels and the reason for the blog.
I bet if you were emotionally balanced, this blog would never exist. Instead of wasting time on a blog, why don't you work on yourselves and find out why you are addicted to a system you don't believe in. Why are you working for Corporate America when to be successful in this environment companies must live in gray not white or black. Corporate America is all about making money NO MATTER WHAT THE COST. Most big companies answer to stock holders. Walk away if it doesn't make you happy. Cher
RE: toobads latest breakdown.
Reminder - dont feed the troll.
Anon4this: You don't have to feed the troll. The troll has a lot of information and can just continue to give hints of all your identities until everyone who reads this blog figures it out for themselves. Again, I don't think any of you should be hypocrites!!!
You want to judge moral standards so let's judge yours.
Management met and decided steps are needed to further contain costs. Subleasing part of the Boca office is currently under consideration. The pressure is on to originate better quality loans. Management travels to California to reassure staff. These actions are a direct result of Sun applying the pressure on management to make this deal a good investment.
Just a reminder:
This blog is called "Last NLC" and not "Last Time A Guy Dumped My Ass".
I have been watching this blog for almost 5 months since I was part of the March 30th layoff. While I found this blog quite entertaining to read, the reason I stayed with it was to keep up on the current status of the company (not someone's love life). Anyway, my spouce kept telling me to "jump into" this blog and put my 2 cents in. Up to this point I have only been an observer, except for when I read Thickskinned's comment this morning. I am one of those people that did "move on". When FNLC first gave me "the boot", I was bitter. I asked all the same questions. Why were we let go and some very unqualified people were still left standing. Why did the Management Team clearly "protect" the untouchables. I could have asked these questions all day long and nothing would have changed. So, after I cried in my beer for a few weeks, I picked myself up, dusted myself off and pounded the pavement. I was one of the lucky ones and found a job within 2 months. It is not that my new company is better then FNLC, but it is different. That diversity provides the opportunity for growth within a career of mine that has spanned many years. Without FNLC giving me "the boot", I would not have met a lot of new, very talented people that I now work with nor would I of had the opportunity for professional growth.
I say to everyone who is "bitter" about the way the company treated them, move on. They did not treat you that way on a personal level. It was business, folks. You were just a cost of doing business. In this environment it is all about reducing costs to survive. I hope FNLC does survive. They tried. Maybe not to the benefit of all, but certainly to the benefit of some. If you harbour bitterness, it will consume your professional life going forward. You will take all of that into your new job and will never really be able to succeed. In the end, it is all about learning lessons in life. Maybe this lesson is over.
Anna,
Hey, I usually jump on and off letting the chatter build on your blog, so I can get a better sense of what people are posting. Unfortunately, we live in a day and age where anyone can't say anything freely, because you hold a certain view. For those of us that are waiting to get laid of, and those that have been laid off, I think that all of you would agree that "Anna" has provided an outlet for us to vent fairly. Granted I know there are some choice words that some of us would like to ram down some of the management staffs throats. But again "Anna" has provided a FAIR and equal medium for our thoughts. Unfortunately with that "Anna" has illustrated the fact that this "rat" infested company continues with its puritanical struggle to censor, belittle, and humiliate their employees. It is illustrated here, in everything that everyone has written.
1.) "Anna" has posted nothing that is fraudulent in way of what the company has said or done to itself and its staff.
Yet, "Anna" and those of us who've worked under the obscene and abusive control of those who are present on this blog that still threatened and belittled for posting articles and things that you'd find on CNN money or any of the NYSE sites regarding FBR's decision to cut some "dead weight" from their portfolio.
2.) Reverse propaganda to try and sway the thinking of those that have more at stake because they can't simply just find another job, because they weren't disclosed the nature of the beast that they were getting lured into working for. We put our best foot forward in our interviews, we were hired thinking that we were going to be working in a modern-thinking corporate office. But instead we are/were subjected to individuals, who were hired by upper management, for the simple reason that they knew them from some other place of work. Which by any means has "in-bred tendencies" written all over it. To clarify, if you have a bad-egg who is trained at a large company call A-quest and that phallus gets fired because they have integrity issues. Then they get picked up to run a division of last-nlc, and they hire people they used to work with, because those people were a bunch of wanks also - you start the perfect inner-circle of in-bred abusive flunkies. Then you add need for staff to run a business, so these flunkies go out and start jumping on places like hotjobs and temp agencies. The haul that they get is from places that staff people who are used to working for businesses that have integrity. But you are doomed from the beginning, because the business that you are hiring for is already full of a bunch of unprofessional, illiterate, control-freaks - who at a moments notice will chastise you for doing what is required of yourself by what they consider "outside" sources (ie, personal family, your own person, mother nature). However, I have to admit, they did tend to be rather nervous at the times that the "law" came into the fray, which is why you'd hear grumblings about Federal holidays (that were mandatory paid days) or jury duty. Upper management always seemed a bit upset when those days came up.
But just to re-cap, for those of you slamming "Anna" for this blog site. If you love the company so much, start your own blog and stay there! There are those of us that need to know and want to know what is going on with this messed up company, because we do have our priorities lined up in the proper order. It's our lives that come before this company. Suffice it to say, management doesn't understand that or is willingly negligent of that, "Anna" has done us a wonderful services by giving us the truth before management gets to lie about it or hide something that would affect us negatively.
It amazes me how many people (if there are that many, or if it is just the one annoying @$$ kisser) keep up with the "Anna" bashing. Here's a news flash, if the company was all that it is cracked up to be, then why do the FACTS keep saying that A.) lay-off after lay-off keep happening, B.) why is FBR paying Sun to take NLC off their hands (Yes, look at the numbers, FBR PAID SUN to take the shares back), and C.) Why is SunCapital back in the picture at all if the company was doing so well.
...You can't keep blaming everyone one else and the bad economy for the lack of performance by the direction of the company. Even a ship's captain is held accountable for his/her crews actions, whether he/she is at the helm.
(and with the micromanagers that we have had - HAH! This ship's captains were always there!)
I have decided leave my posts with the following statement:
It is my fervent desire to see those of us who continue to try and those who tried to work for this company, despite being abused, succeed in every endeavor that comes your way. Keep supporting "Anna". To the management who continue to make those decisions that have destroyed this company it is my earnest hope that you are held accountable for all of your unethical dishonesty by the highest letter of the law.
Cheers!
Thickskinned, Cher, Toobad...Whatever your name is:
Keep your misinformation to yourself, you stupid twat.
Everything I have posted on this board has been the truth, including when I told you time and time again that YOU DON'T KNOW WHO I AM, nor do I know you. In addition, I have NEVER called anybody out by name on this blog.
Your feeble attempts at outing me are only causing harm to the people whose names you are dragging through the mud - people who have nothing to do with this blog. Whether any of these people claim to be me is irrelevant - why would somebody post anonymously and than brag about it? I don't even see how the people you named would even know who I am.
You are so goddamned stupid and ignorant that you can't possibly conceive that I am not somebody you know of. Your ill-informed convictions are likely illustrative of why you are probably a social malcontent, contrary to all of your protests and comments that you are doing just fine and that you have "moved on."
Do us all a favor and "move on" to another blog, you shit-for-brained fucktard.
toobad,
There you go again with your social life. Post it somewhere else already. Go make a myspace site or something.
If you want to keep posting here stick with the FNLC chat. Thats what this blog is for.
You can make a new moniker all you want but no one here cares about your personal life or what you do in your own time off.
So stop posting about your failures and try to keep up with the facts posted here.
This is my first time reading this blog and wow am I exhausted. Let's keep this focused on what is going on at First NLC and not have the emotional, personal tirades. we can watch tv for that. I too have been laid off and find that there is not enough time in the day for me to search for jobs and have energy left over to be angry at the company. Let us try to move on and do better. We all stayed and rode it out as long as they would keep us. Most of us are grieving the loss of many good friends and paying job. Like all companies First NLC has its good points and its bad. For the sake of those non-management people still working there let us hope that the company manages to make it out of this mess and make some changes so that these people can continue to make a living. To those of us who are currently unemployed, use this time wisely and find that thing that you love to do and make a career out of it if possible. Use this time to reflect on what it is in this life that will bring you joy and a sense of fulfillment at the end of the day when you look back on your life and accomplishments..some of you are too angry and that anger should not be so all consuming.
Really besides getting a paycheck every 2 weeks what were the good points...this company took really good care of us...NOT...yeah you can chalk it up to be just business but in the end, what this person here that started this blog is doing..."just business" All the fraud this company has committed...all the breaks this company has given mgmt...like brad roles, keeping ty kozma, this guy couldn't manage his way out of a paperbag...every mgr he had gto caught up in some type of fraud, are you kidding me...one was suspected of raping a girl, don't know how that turned out in columbus, the indiana office, I can't even count how many people got fired for fraud...where does a new loan officer learn how to commit fraud, making paychecks and such...uhhhh management!
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