How The Ultra 1% (.004% To Be Exact) Make Their Money

Robert Durst indicted on federal weapons charge in New Orleans

By Jonathan Kaminsky NEW ORLEANS (Reuters) – Robert Durst, a real estate scion charged with murder in California, was indicted on Friday by a federal grand jury on a weapons charge stemming from his arrest last month in New Orleans, prosecutors said. The indictment diminishes the already slim chances of Durst being extradited soon to Los Angeles County, where prosecutors want him for the 2000 slaying of Susan Berman, in

GE to sell bulk of finance unit, return up to $90 billion to investors

GE shares jumped 7.5 percent on Friday after the company outlined plans for substantially shrinking its GE Capital unit. The plan includes a buyback of up to $50 billion in GE shares, the sale of about $30 billion in real estate assets over the next two years and the disposal of more GE Capital operations.     The repurchase program, which will be partly funded by $35 billion through money returned