Wells Fargo Bank CEO John Stumpf’s keynote speech to the American Banker Retail Lending Conference on Thursday morning didn’t quite work out like he (or anyone else) expected. Midway through his address, single mom Betty Badro calmly walked up on the stage to confront him over Wells Fargo’s foreclosure polices.
Ms. Badro, who has worked for the State of California for 22 years, attempted to deliver a personal check to the CEO, and tried to explain that she was hoping to forestall a scheduled foreclosure of her home tomorrow, March 15th. Not saying another word, Mr. Stumpf turned his back on Ms. Badro and left the stage. [Read more…]











