Show News March 2, 2011
Nobel Prize Winner Asked To Step Down From His Microfinance Bank

Nobel Peace Prize winner Muhammad Yunus was ordered by Bangladesh's government on Wednesday to step down as head of his microfinance bank, arguing that he "violated the country's retirement laws."

Hmm...That's quite the ego-hit considering his idea to hand out small loans to lift people out of poverty was his entire revolutionary idea.

Word is he's remaining in charge for now, and the Grameen Bank has stated they're going to fight the decision. Learn more about the story here.

We've had Yunus in the red chair before. Check out his interview below:



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