Word: banke
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Dates: during 2000-2009
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...think it is ethical to charge the poor interest and make a profit out of it? -Hasan Iqbal, Sundsvall, Sweden In Bangladesh, Grameen Bank charges the lowest rate among all microcredit programs, and yes, we make a profit. But Grameen Bank is owned by the borrowers, so when we make a profit it goes back to the borrowers as dividends...
...Have you ever found an incident of corruption involving a Grameen Bank loan? Rudi Toruan, Samarinda, Indonesia We have cases of corruption, but Grameen Bank now has 28,000 staff, 8 million borrowers and 2,600 branches. We lend out over $100 million each month and have a similar amount coming back each month, handling this physically in the villages. It's very easy to put money in your pocket. But the amazing thing is that cases of corruption are so rare...
...Bank of America wants to give back the TARP money it borrowed. In one very funny sequence in Capitalism, you back up an armored truck to various banks and demand the return of our money. Maybe you were just a tad early? And the AIG money? I don't think we're going to see any of that. You cannot steal money, and then invest the money and then give it back. You can't, let's say you are the president of the Kiwanis. You can't take the organization's money, go make a profitable investment and then...
...contractor father and a homemaker mother. After graduating from Syracuse University, Bing played nine seasons for the Detroit Pistons. During that time, he was the rare All-Star talent who understood that there was life after basketball. In the off-season, he worked as a bank teller and manager, grasping for his next career. In 1980 he formed Bing Steel and rode the wave of automotive-industry interest in cultivating a base of black and female suppliers. He was, essentially, a bridge between Detroit's growing black middle class and the region's then largely white business élite...
...detention that he immediately retaliated by shutting down local subsidiaries of Swiss companies Nestlé and ABB in Libya, arresting two Swiss businessmen for supposed visa irregularities, canceling most commercial flights between the two countries and withdrawing about $5 billion from his Swiss bank accounts. (See TIME's exclusive interview with Gaddafi on Obama, Israel and Iran...