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Half Of The World's Richest People Come From Just 2 Families

Here's a fact that will make any liberal cringe.<p>Seven of the 12 richest people in the world have names ending in Koch, Walton or Adelson, according to a new calculation by Bloomberg Markets magazine.<p>Of course, extreme wealth gives you a lot of political power. Here's how these folks wield their …

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Jamie Dimon To Employees: 'Don’t BS' Over Instant Message

"Don't exaggerate, don't ruminate, don't bullshit," Dimon reportedly told his London office. "I'm serious."<p>Sources told Bloomberg that Dimon urged employees, "We all need to keep a higher standard."<p>Dimon's comments come amid new regulatory scrutiny (as if they needed more) over alleged manipulation …

The Fall And Rise Of General Motors

Last week, GM surged over 3% on its earnings report while LinkedIn fell 10% on its quarterly numbers. General Motors sells at little more than 3 times enterprise value. LinkedIn’s valuation is so outrageous that I dared not put it in writing.<p>So, I dug a hole and whispered there-in “44 times next …