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Yunus fired from Grameen Bank (bbc.co.uk)
32 points by amirmc on March 2, 2011 | hide | past | favorite | 6 comments


A desperate attempt to get him out definitely. Cannot believe their trying to pin a man who's done more for the country than the government ever will as a villain. I guess I better believe now?


Interestingly the government doesn't own 25% of the bank as this and several other articles claim. In fact 95% of the shares is owned by their customers : http://www.grameen-info.org/index.php?option=com_content&...

The government might have special voting right though.


It looks like they did it purely out of spite, which makes it even more stupid.


What is funny is that their site is hacked as well: http://blog.sucuri.net/2011/03/grameen-bank-web-site-hacked-...


I had the pleasure of meeting Dr. Yunus in Dhaka and touring a village bank back in 2008. His personal office was simple and sparse (and not air conditioned) and he was very kind and down to earth considering his accomplishments. It is sad to think that a (probably) corrupt government could oust him from his own creation where he has done some much for so many.


Politics as usual.




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