Friday, October 13, 2006

The benefit of not being an expert

Today the Nobel Peace Prize was given to Dr. Mohammed Yunus - founder
of the Grameen Bank.

I do a lot of work w/ the World Affairs Council in Seattle and we had
the honor of bringing Dr. Yunus out here for a public speaking event a
year ago. At this lecture he mentioned how if he had been a banker he
never would have been able to come up w/ the solutions he did w/ the
Grameen Bank - lending to poor people w/ no collateral? That's the
dumbest business idea ever. - alas this turned out to be completely
not true when he essentialy asked John's question of "Why don't they
just...."

A business and social success worth checking out:
http://www.grameen-info.org/agrameen/profile.php3?profile=1

Best to you all,
Paul


0 comments: