Rajaratnam Arrest Jolts Sri Lanka’s Markets, Tsunami Survivors

Bloomberg – About 60 Muslim fishermen and their families congregated in a community hall on Sri Lanka’s east coast to pray for Raj Rajaratnam after he was arrested for alleged insider trading at his New York hedge fund.

The billionaire co-founder of Galleon Group LLC helped build 240 apartments in Kalmunai with a $5 million donation following the 2004 tsunami that swept away people and houses in his homeland, leaving 30,000 people dead.

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