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For starters, banks have grown accustomed to earning fees for making mortgages that they sell to Fannie and Freddie.
Wall Street packaged these loans into increasingly complex securities and sold them to investors, earning fees for issuing and managing the securities over time.
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A key concern in China is that providers are overly focused on curative care, where they can earn fee-for-service revenue, and tend to neglect preventive health services and population health outreach services, which may not generate any revenue.
Goldman earned fees for its work in constructing the mortgage security but lost money on its own investment position.
They earned fees for managing and distributing complex securities, and took them off their balance sheets, freeing up precious capital.
For example, she described how some software companies gave their product away but earned fees for installation and servicing.
The Register earns fees for tracking missing art or for helping buyers ascertain whether a work up for sale has been reported stolen.
Banks earned fees for originating loans without the burden of holding them on their balance-sheets (which would have restricted their ability to lend to others).
In this way, the life insurers earn fees for sourcing and originating the loans and the investment banks profit from selling mortgage bonds.
Although he no longer gets lucrative endorsement deals, Tyson earns fees for personal appearances in America and "meet and greet" dinner tours in Europe.
Increasingly, they also earn fees for being the middlemen in capital-market transactions (structuring derivatives, share and bond offerings, and so forth).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com