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...economy. Though he has not faced any formal charges in Sri Lanka, Rajaratnam and the Galleon Group, the hedge fund he founded, have been linked by Sri Lankan financial authorities to a pending court case in which a sitting parliamentarian is among the accused facing charges of violating exchange control rules. (Watch a video about the final days of Sri Lanka's civil...

Author: /time Magazine | Title: Inside Trader Has Long Faced Scrutiny in Sri Lanka | 10/20/2009 | See Source »

...working on behalf of the Tigers. Just before Sri Lanka went to polls to elect a new President that November, Rajaratnam began selling shares. The move led to speculation that he had prior knowledge of a vote boycott forced by the Tigers in areas under the latter's control. In an August interview, Rajaratnam denied the accusations and said that the divesture of shares was a strategic move during an unpredictable period. "There is no truth in the speculation that there were other motivations for my trimming a small amount of my overall investments. I tune out these noises...

Author: /time Magazine | Title: Inside Trader Has Long Faced Scrutiny in Sri Lanka | 10/20/2009 | See Source »

After defeating the Big Green, the Crimson took on the Quakers and encountered difficulties early as Wentzell and Grillo went down quickly, and Amira seemed to be losing control of an early lead. Grillo and Amira both rallied to win, but losses by Shuman and Pollak forced Wentzell’s match against Williams into the spotlight...

Author: By Christina C. Mcclintock, CONTRIBUTING WRITER | Title: Match Play Comes Down to the Wire | 10/19/2009 | See Source »

...Like the U.S. mission, the Red Army lacked sufficient troops in Afghanistan to control the countryside. "After seven years in Afghanistan, there is not one square kilometer left untouched by a boot of a Soviet soldier," Marshal Sergei Akhromeyev, the top Soviet military officer, said in November 1986. "But as soon as they leave a place, the enemy returns and restores it all back the way it used to be." (McChrystal's take: "The insurgents control or contest a significant portion of the country, although it is difficult to assess precisely how much due to a lack...

Author: /time Magazine | Title: The Soviets in Afghanistan: Obama's Déjà Vu? | 10/19/2009 | See Source »

...prompted by the re-arrest of a prominent member of his party, the Movement for Democratic Change (MDC), which continues to suffer harassment despite the power-sharing agreement. Tsvangirai said it was plain that Mugabe's party, the Zimbabwean African National Union (ZANU-PF), had no intention of relinquishing control and forming a functioning government. "It is our right to disengage from a dishonest and unreliable partner," Tsvangirai said in Harare. "We have papered over the cracks and have sought to persuade the whole world in the last eight months that everything is working. Now is time...

Author: /time Magazine | Title: In Zimbabwe, Tsvangirai Gambles on a Boycott | 10/19/2009 | See Source »

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