Muhammad Yunus, founder of Grameen Bank, has explained
Increasing state control over Grameen Bank will not serve Bangladesh’s best interests
The year was 2006. It was a leisurely Friday afternoon, and I had just woken up from a rather comfortable afternoon siesta.
I remember watching the birth of a calf. Two hooves came first. The cow was standing, its tail raised and contorted.
I was standing on the high promenade at the Sandy Hook, NJ lighthouse overlooking the Atlantic Ocean. In our tour group, I observed a tall, pale teenager, clearly “too cool” for a family outing.
It is now abundantly clear that the government is determinedly progressing toward assuming effective control of the affairs of Grameen Bank. Despite the fact that about 97 percent of the paid-up capital of Grameen Bank is subscribed by its borrowers