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Keeping above the subprime mess
Wells Fargo & Company CEO and President John Stumpf.
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EXECUTIVE SNAPSHOT
Who: Wells Fargo & Company CEO and President John Stumpf.
Education: Stumpf earned a bachelor's degree in finance from St. Cloud State University and an MBA from the University of Minnesota.
What you may not know: Stumpf works out the stress of being CEO doing yoga twice a week.
About the author
Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy. Follow Kai on Twitter @kairyssdal.
Over 2 1/2 months ago I tried to refinace 1 of my investment prop. They turned down the loan and I'm still trying to get the $350.00 apprasial fee back. They must need it more than me. Comon give it back ! I've called and talked to 3 people and spent over 3 hrs on hold already. Your taking my tax money thats enough !
Regarding CEO's comment on the subprime's mess, taking no responsibility abt the current mortgage mess. I would like to hear his opinion abt current customers who are loosing their homes because WellsFargo is not willing to make sensible modification to their loans after knowingly packaging those teaser loan rates?
GOODBYE
John Stumpf was a disciplined corporate spokesperson. "We don't comment on that." Kai had one of best responses I've heard from a journalist, "Well, how about commenting on this - what's you think when you heard ..." You've had some tough customers, big egos who want to see things their way, and you do a great job of not being intimidated and pursuing your irreverent to-the-point questions that get straighter answers. Good work.
