Tamils around the world should watch carefully how sinhala nazis planing to loot tamil businessmen assets.
in
1983 the looted tamils homes with all electricla equipments ,cash and gold.
in 90`s they looted entire jaffna peoples assets and last year they looted vanni tamils assets
including the paddy they grow.
same time sinhala nazis abduct tamil businessmen and collected large sums as randsom.
but tamils as the owners of the country have love for the country this is why even though sinhala nazis looted the tamils they still invested in the country.
what many tamils have forgotton is what has happend to many tamil millionaires in 1983,90,and 2000`s all these tamils work hard and save money and sinhala nazis loot tamils assets in days.
same thing expected for Mr Rajaratnam , we tamils are proud of this man success and this man is one of the richest man in the world and possibly richest srilankan. he had invested large sums of his personal money in the security market. and it is belived sinhala nazis were looking to freeze his money in order to loot all his assets.
after the tsunami he had given millions of dollars to help the people. and sinhal nazis planing to connect that with him funding terrorism. if anyone help tamils that is seen as terrorism in the country. this is the view of sinhala nazis.
we tamils are extremely sad that Mr Rajaratnam planed to closed down his hedge funding
but it is a wise move because sinhala nazis already poured petrol over a burning fire by saying that they are investigating if rajaratnam had funded terrorism. it shows that the hates they have against this man.
because now they are exploring ways to loot rajaratnams money so they throw a accusation just like that to discredit this man.
this man should withdraw every penny he invested in srilanka without a delay.
otherwise all his hardworks going to be enjoyed by sinhala nazis.
Galleon funds to close amid insider trading scandal
NEW YORK (AFP) The head of a multi-billion-dollar US hedge fund at the center of an insider trading scandal announced he was winding down the firm.
In a letter to investors, published by US media Wednesday, Raj Rajaratnam, head of Galleon Management LP, said it was in the best interests of investors to `conduct an orderly wind down of Galleon`s funds while we explore various alternatives for our business.`
The fund is worth an estimated 3.7 billion dollars.
Rajaratnam was indicted on Friday in what the Securities and Exchange Commission described as `the biggest hedge fund insider trading case ever brought.`
He faces up to 20 years in prison for allegedly receiving insider information on well-known companies including Google, IBM and Hilton.
The SEC complaint alleges the illegal trading scheme netted some 25 million dollars.
Rajaratnam -- who was number 559 on this year`s Forbes list of world billionaires -- and his co-defendants are charged with various violations of the Securities Exchange Act.
In Wednesday`s letter, Rajaratnam said that investments would be honored and that employees would be looked after.
`At this important time, I want to reassure investors of the liquidity of our funds,` the letter said.
`For those who have been my partners and supporters over the last 17 years, I sincerely thank you. I also want to thank you for the innumerable expressions of support I have received from you over the past few days.`