Wells Fargo CEO John Stumpf Mic Checked at NC State by Occupy on 11/30/11 - Occupy Raleigh Day 47

[LeighAnn]

Run time: 08:07 https://www.youtube.com/watch?v=2N1g3Xps68g   Posted on YouTube: December 01, 2011 By YouTube Member: eyewall41 Views on YouTube: 302   Posted on DU: December 01, 2011 By DU Member: LeighAnn Views on DU: 1988

 
One of the best ones I've seen.

[LeighAnn]

1. The Q & A is priceless n/t

[Armin-A]

2. agreed best part

[mmonk]

3. Go Pack!

And Occupy Raleigh of course. :)

[sce56]

4. Bravo Occupy Raleigh

READ ENTIRE MIC CHECK SCRIPT BELOW:

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.

[mmonk]

5. Thanks for providing that.

[Magoo48]

6. Love the human mic....so directly to the point.....thanks for this.

[alcibiades_mystery]

7. Brilliant

The supporters of Schrumpf may have been clapping loudly, but far more students were looking around confused, like, "Why is this happening?" And that's good. The CEO's of America should no longer get free air time of this sort without direct opposing views, in public. Even in the Schools of Management. Every time they speak, their audiences should get to see very clearly that there is opposition, another view of the world, than the one the CEO and exploiter classes have been peddling, and that it is fucking ORGANIZED.

Another world is possible.

Another world is necessary.