North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf

Yesterday at North Carolina State University, students organized a mic-check and protest of Wells Fargo CEO John Stumpf as the executive came to speak at the university. The mic-check interrupted Stumpf's speech for almost five minutes and the CEO also faced some tough questions from students in the crowd during a question and answer session after his speech.  

Prior to Stumpf's introduction, students handed out this flier to the audience, and encouraged everyone to join in the mic check. 

The mic-check confronted Stumpf about Wells Fargo's predatory lending to low-income communities and students; it's investment in private prisons; it's foreclosure on millions of families, and more. Complete script of the mic-check is below.

After the mic-check was silenced by campus security, John Stumpf took some tough questions from students about Wells Fargo's tax dodging and the massive accumulation of wealth in the top 1%. Outside, the chants of the student mic-check continued. 

The action has already received media attention from The News & Observer and an Associated Press story was picked up by the publication Canadian Business. 

Here is the script that was used to mic check Wells Fargo CEO John Stumpf: 

Mic Check!
Mic Check!
John Stumpf
We won't take your home
but we will take a minute of your time.
Your leadership has led to
the death of the American Dream.

Wells Fargo is guilty
of widespread predatory lending
And holds over 5.7 billion in student debt.

Wells Fargo targets people of color
And the poor for high interest student loans,
urging loan officers to misreport income and forge documents.

Wells Fargo foreclosed
On hundreds of thousands of homes last year,
Many of them illegally.

Wells Fargo has been fined
85 Million dollars for its crimes,
You have issued no admission
Of guilt or apology.

Wells Fargo took 25 billion
In taxpayer dollars,
The larges bailout in bank history,
Yet reaped 4.1 billion last year
While paying no federal income tax.

You yourself made 19 million last year
Making you the highest paid bank CEO in America.

Furthermore
you invested nearly 100 million dollars
In racist for-profit prisons
While lobbying for harsher anti-immigrant legislation.

You are what is wrong with the culture of Wall Street.

A culture that values corporations
More than rights of "people" with hearts and minds.
A culture that buys politicians
And corrupts our democracy.

A culture that exploits the dreams
Of working class and middle class Americans.
For the benefit of the 1 percent.

John Stumpf
Have you no shame?

By members of Occupy Raleigh and Occupy NCSU.

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Showing 25 reactions


@cmcallihan tweeted link to this page. 2011-12-04 02:39:38 -0500
#OccupyNCSU Students #OccupyRaleigh Mic-Check Wells Fargo CEO John Stumpf http://t.co/wTgLywK7 #OccupyWallStreet #OWS
@solidaritywth99 tweeted link to this page. 2011-12-02 14:05:25 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/3RGDFGsj
@OccupyBaltimore tweeted link to this page. 2011-12-02 12:34:08 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/3RGDFGsj
@GoOnBeCrazy tweeted link to this page. 2011-12-02 12:29:27 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/3RGDFGsj
@EhseRecords tweeted link to this page. 2011-12-02 12:10:15 -0500
Nicely done! RT @occupyelpaso: North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/pWruNLX9
@OccupyMcAllen tweeted link to this page. 2011-12-02 11:38:06 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/WWRVowuF
@implowshun tweeted link to this page. 2011-12-02 11:28:12 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/3RGDFGsj
@OccupyStates411 tweeted link to this page. 2011-12-02 11:20:36 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/3RGDFGsj
@bgirlgadget tweeted link to this page. 2011-12-02 11:17:40 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/3RGDFGsj
@Sheryl0 tweeted link to this page. 2011-12-02 11:10:12 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/3RGDFGsj
@OccupyElPaso tweeted link to this page. 2011-12-02 11:08:18 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf http://t.co/3RGDFGsj
Charles Deihl commented 2011-12-01 15:22:21 -0500
Wells Fargo is nothing more then a New Age Crime Wave in The Finacial Stystem that has Elected Officials backing of Fraudulent Activitys.I have Documents of a FHA/HUD Mortgage loan to where the Aprraisel of Home was never finished.And we were never notified of this till 6-7 months after receiving Mortgage loan,but did NOTt receive the paper work of why it wasn’t finished till a year later of living in Home. There was so much covered up paper work through the Banking that I am being forced into Forecloser so that FHA/HUD pays off the loan to Wells Fargo.
@ctdeihl mentioned @NBLcampaign link to this page. 2011-12-01 15:09:21 -0500
North Carolina State University Students Mic-Check Wells Fargo CEO John Stumpf #newbottomline http://t.co/ukLYs2eN via @nblcampaign
@tracyvs mentioned @NBLcampaign link to this page. 2011-12-01 11:55:05 -0500
North Carolina FTW RT @nblcampaign: Mic-check and tough q's for @wellsfargo CEO Stumpf at #occupyncsu & #occupyraleigh http://t.co/s5RKVJR5
@QuickBrownFoxes retweeted @NBLcampaign 2011-12-01 11:48:59 -0500
Mic-check and tough q's for @wellsfargo CEO Stumpf at #occupyncsu & #occupyraleigh http://t.co/xZdzBzAa #newbottomline #ows
@aswordmaven retweeted @NBLcampaign 2011-12-01 11:46:14 -0500
Mic-check and tough q's for @wellsfargo CEO Stumpf at #occupyncsu & #occupyraleigh http://t.co/xZdzBzAa #newbottomline #ows
@adailygripe mentioned @NBLcampaign link to this page. 2011-12-01 11:38:13 -0500
Students Mic-Check Wells Fargo CEO #newbottomline http://t.co/ldVX6PEX via @nblcampaign. Retweet if u think all banks need a mic ck
@adailygripe tweeted link to this page. 2011-12-01 11:31:01 -0500
Click LIKE and SHARE if every big bank CEO needs a mic-check ... and a reality check. http://t.co/RuLTTRg1
@occupyRaleighRT mentioned @NBLcampaign link to this page. 2011-12-01 11:28:55 -0500
@OccupyDurhamBot mentioned @NBLcampaign link to this page. 2011-12-01 11:28:45 -0500
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