The machinations around the Grameen Bank over the last two years have a had a paradoxical, dreamlike quality. Harsh words have been spoken by mighty leaders. Eminent dignitaries have rushed to the defense. Court battles have been fought. Crimes have been alleged. The mighty Muhammad Yunus has fallen.
CGD Policy Blogs
In November 2009, some guy nobody had heard of, Daniel Rozas, wrote an article asking whether there was a microcredit bubble in south India:
If I had had the stamina, I would have inserted into my book a chapter on the history of the microfinance movement.