Michael Lewis on the absurdity of Wall Street

Michael Lewis on the absurdity of Wall Street

Flash Boys author dishes on money, distrust, and what makes a good story

MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year

Fitch: Two-year run of home price growth is over

“Several markets are still overvalued”
W S
Servicing / The Ticker

Foreclosure protesters confront Wells Fargo CEO

/ Print / Reprints /
| Share More
/ Text Size+

A woman losing her home to foreclosure interrupted a speech by Wells Fargo CEO John Stumpf during a California bankers convention on Friday.

The incident, which occurred on stage, quickly circulated throughout the nation as more than a dozen other protesters with the Alliance of Californians for Community Empowerment joined her in protesting the conference, which was sponsored by American Banker.

The Huffington Post described the altercation between homeowner Betty Badro and Stumpf below:

 "I said ‘my name is Betty Badro, I’ve lived in my home for 19 years and you’re going to sell it tomorrow," Badro told The Huffington Post. "He quickly withdrew his hand and walked away."

The same article cites a spokesperson for Wells Fargo as saying the bank is disappointed by the actions of the protesters since the interruption makes it impossible to have meaningful dialogue between the parties.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus