Twenty-one people placed bids on a private lunch with Chairman & CEO of Wells Fargo, John Stumpf, in San Francisco. The lunch, prepared by a private chef in the Wells Fargo boardroom, will be served before Mr. Stumpf gives a private tour of the Bay Area’s Wells Fargo Museum which collects historical objects documenting early and modern banking, stagecoach history and popular culture. (Stumpf will regale his guests with tales of promotional give-a-ways like toasters and Thermoses, coin banks and calendars.) There are 14 Wells Fargo Museums across the country, all are open and free to the public.
The winner of the auction (sold for $28,500) is Rande Johnsen, director at Trustee Corps, a company that provides default solutions to the mortgage servicing community in Orange County. Mr. Johnsen was listed as a defendant, with Wells Fargo, in a Las Vegas foreclosure suit in 2010. The complaint was dismissed. Johnsen must have big ideas (at least $28, 500 worth) on how to help Stumpf as Wells Fargo is facing a new lawsuit that alleges the bank has a “manual for mass fabrication of foreclosure documents.” The auction supports the worthy Guardsmen, an all-volunteer organization that provides scholarship and campership programs to at-risk youth in the Bay Area.