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He will get a fat commission cheque to boot.
The recipient is offered a chance to get a fat commission for helping the sender transfer millions of dollars illegally out of Nigeria; instead, the sender is trying to induce the recipient to send money, supposedly to help pay bribes or other fees or to show good faith, with an empty promise of reimbursement as soon as the imaginary millions are safely transferred.
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Agents routinely tell buyers not to worry about the fat commission because "the seller pays it".
Well, maybe you'd rather your longtime accountant get that fat commission than some insurance salesman.
I would argue that the investor who paid the "fat" commission fared best.
Firstly, he kept a lid on spending, meaning fewer fat commissions on the procurement of expensive weapons.
Describing the marriage as a coming-together of "consumer champions" would be more persuasive if Zoopla was aiming to give those estate agents a good kick by cutting their fat commissions for the benefit of house-buyers.
The firm should also steer especially clear of advisers who are "recommended by a government official" or who whisper about fat commissions, cash payments or numbered bank accounts.Although many of these measures may be commonplace in other businesses, they represent "a gold standard in ethical conduct" that may force the firm to turn away business, says Lord Woolf.
Then the investment firm would pay WallStreet back by handing it a hoard of trades to execute, generating fat commissions.
The only people who will benefit from this ginned-up political food fight are the permanent class of professional political consultants who will rake in huge fees to advise Democrats and Republicans on how to spend their new-found cash, produce a slew of new attack ads, and take fat commissions placing those ads on TV.
Like other domestic brokers, its performance until recently was helped by a sharp increase in new public offerings, bringing in fat commissions and fees.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com