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Woman Dramatically Confronts Wells Fargo CEO During Banker’s Conference (VIDEO)

In a dramatic display earlier this week in Southern California, homeowner Betty Bardo stormed the stage during a banker’s conference where Wells Fargo CEO John Stumpf was in the middle of speaking.

Bardo approached Stumpf and began to question him as to why her requests for a loan modification on her home have been refused. She told Mr. Stumpf that she can afford the mortgage and had a check in hand that she was asking him to accept. She was then immediately encircled by people who are assumed to be other executives, partially blocking her view from the camera and calling for security. As Stumpf quietly slipped away from the melee, Bardo called out, “John, don’t walk away.”

As Bardo pleaded her case to those in the room, she was continuously pushed back by other men who entered the stage, and at one point a man is seen forcefully trying to grab the microphone from her.

“I’ve been working hard all my life,” Bardo said in a later statement. “I have income, I want to pay my mortgage, I just want a modification with principal reduction so that I can stay in my home. It is everything to me. John Stumpf and Wells Fargo are raking in money. They just had their most profitable year ever, but they’re profiting off the homes and livelihoods of American families.”

Watch the confrontation and ensuing protest in the video below.

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14 Comments

14 Comments

  1. Scott Randall Brooks

    March 23, 2013 at 1:09 am

    These cowardly assholes might as well get used to this and worse. People are fed up with their endless greed.

  2. Larry Dillon

    March 23, 2013 at 3:24 am

    Answer her John!!!Why wont you answer her??Do you have an answer John??A valid answer?Hell any answer…say something John…ya’ll REALLY need to say something…it will be driveling s**t..but we would simply love ya’ll to say something..then we execute…as in guillotine …eat cake bi**h…

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  4. Matt

    August 31, 2013 at 4:02 am

    None of the CEOs of these financial institutions care one teeny tiny mouse fart about middle and lower America. And middle and lower Americans are starting to get really, really, REALLY sick of it. When the French Revolution comes around again, I’m staying well away from them.

  5. flohri1754

    October 21, 2013 at 3:56 am

    Very good to see such groundswell protests starting …. such things are needed (badly) in the US BEFORE it has to get to more extreme actions …..

  6. Not Religious

    October 21, 2013 at 4:10 am

    Can I get an “Amen”!?

  7. Jason

    October 21, 2013 at 5:05 am

    Yeah I’d like principal reduction on all my loans too! It’s not like I signed a contract or anything.

  8. Glenda

    October 21, 2013 at 5:13 am

    Cowardly assholes, surrounding her and trying to force her off the microphone while he *retreats*. What a coward.

  9. Ronald S Wos

    October 21, 2013 at 5:13 am

    Good for her … any ideas on how to do more of these confrontations against the greedy CEOs who are robbing us blind.

  10. Katherine

    October 21, 2013 at 8:04 am

    I can’t imagine how it could be legal for a mortgage holder to refuse a principal reduction outright. That’s insane. I’m a US citizen but live in the UK, where though some restrictions apply on reducing the principal, they are few and far between. I see buying when I move back will be rife with danger.

  11. John Twiss

    October 21, 2013 at 10:25 am

    I find it amazing that in the USA people still believe that being a citizen is a guarantee of fair treatment or of having a voice in their country and laws!

  12. Brian McPhillips

    October 21, 2013 at 3:25 pm

    It’s pretty obvious that nothing is going to change until some of these people’s heads are on pikes …. talk is becoming dirt cheap

  13. Tim S

    October 21, 2013 at 4:36 pm

    I don’t understand, why is she entitled to “principal reduction”? So let me see if I get this, she is upside down on a house she’s owned for 19 years? How is that possible, certainly the home is worth more than it was 19 years ago, and if she HAS owned the home 19 years, it’s at least half paid for. When she says “modification”, I”m all for that if refinancing or extending her loan keeps her in her house. But if she feels she’s somehow entitled to have WF write off a portion of the loan because she’s used her equity poorly, too bad.

  14. John Twiss

    October 24, 2013 at 11:16 am

    Obviously you are willing to have a bank set the terms and continue to collect interest on the whole capital sum even after decades of payments. In a well regulated system, the interest payable should be on the balance and not on the whole. Perhaps you are a banker who thinks he has the right to continue to collect the interest on the whole of the original loan?

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