Yunus is just Mother Theresa part II: widely celebrated for 'helping people' by those who have know direct knowledge of what he does, largely despised by those he is supposedly helping.
Grameen Bank is a cash cow for those involved and he is the most hated man in Bangladesh, the nation's loanshark/saint, a modern day Wackford Squeers.
There's an interesting New Yorker piece on the economic testing of economic assistance, and how micro-lending may not be as keen as we all hoped. Check it out.
Grameen Bank is a cash cow for those involved and he is the most hated man in Bangladesh, the nation's loanshark/saint, a modern day Wackford Squeers.