Class to the End
Jeremy Ladebauche
Issue date: 9/12/07 Section: Opinion
Recently, the United States has seen a major credit crunch and a complete meltdown in the sub-prime mortgage market. Many mortgage companies have gone bankrupt, including one company named New Century.
When the mortgage market declined, New Century went right along with it. Despite the company losing almost everything, including 5,000 employees, the management still found a way to give back to the communities they once served.
After New Century went under, they hired RMC Construction to clean out the buildings they used to occupy. New Century also generously gave RMC the permission to give any supplies left in the buildings to William E. Fanning elementary school in Brea.
"It is very comforting to know that even when a company has lost nearly everything, it can still find a way
to put the community in front of its own interest one last time," said Brenda Clark, the school's principal, "and in doing so display the qualities of a classic American corporation."
Several teachers and staff members of the school also expressed that they where overwhelmed by the generosity and kindness of New Century.
Clark also said that given the current state fiscal situation, this donation will help the students of the school by allowing the school to purchase other supplies that will assist them even more.
After the faculty saw the amount of items that were donated, including staplers, white-out, adding machines and binders, they called friends and family who work in other Districts to see if they needed anything from what was donated. One teacher from Whittier City School District was overjoyed; normally she would have to buy all supplies needed for her class herself, without any help from her school.
Several of the teachers of the school, along with the office manger, Glenda Oxford, said that the supplies that were donated to the school are going to save them thousands of dollars, which can now be used to buy other things like new computers for the computer lab, or even give the school the opportunity to send a less fortunate child to Outdoor Education later in the year.
When the mortgage market declined, New Century went right along with it. Despite the company losing almost everything, including 5,000 employees, the management still found a way to give back to the communities they once served.
After New Century went under, they hired RMC Construction to clean out the buildings they used to occupy. New Century also generously gave RMC the permission to give any supplies left in the buildings to William E. Fanning elementary school in Brea.
"It is very comforting to know that even when a company has lost nearly everything, it can still find a way
to put the community in front of its own interest one last time," said Brenda Clark, the school's principal, "and in doing so display the qualities of a classic American corporation."
Several teachers and staff members of the school also expressed that they where overwhelmed by the generosity and kindness of New Century.
Clark also said that given the current state fiscal situation, this donation will help the students of the school by allowing the school to purchase other supplies that will assist them even more.
After the faculty saw the amount of items that were donated, including staplers, white-out, adding machines and binders, they called friends and family who work in other Districts to see if they needed anything from what was donated. One teacher from Whittier City School District was overjoyed; normally she would have to buy all supplies needed for her class herself, without any help from her school.
Several of the teachers of the school, along with the office manger, Glenda Oxford, said that the supplies that were donated to the school are going to save them thousands of dollars, which can now be used to buy other things like new computers for the computer lab, or even give the school the opportunity to send a less fortunate child to Outdoor Education later in the year.
2008 Woodie Awards
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