Posted 7 months ago on Oct. 10, 2012, 10:22 a.m. EST by ZenDog
from South Burlington, VT
This content is user submitted and not an official statement
In a world of deceptive, fraudulent and predatory banking practices, it is interesting to note that in Bangladesh there is a bank where the board is elected by the people. The Grameen Bank offers micro loans without collateral.
Bangladeshi Prime Minister Sheikh Hasina wants to change the rules - she wants to take over.
Avaaz has a petition on the subject now - at the time of this writing they have 540,188 signatures, and are looking for 750,000.
I hate corrupt politicians. No doubt, if this corrupt politician gets her way, this bank will become another means of exploiting the poor.
My name is on there.
How about yours?