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Mr. Lowell also declined to comment on his fee arrangement with Mr. Condit.
Mayor Pringle defended the contingent fee arrangement, saying that it saved the city money.
Neither the bank nor Mr. Silverman responded to requests for comment about the fee arrangement.
"The Morgan Stanley Dean Witter fee arrangement encouraged and rewarded brokers for putting clients on heavy margin," Mr. Zamansky said.
More important, Mr. Dopp said, any tinkering with the fee arrangement could result in tinkering with the overall settlement.
Barclays has said it disclosed this fee arrangement in the first fundraising in June 2008, but not in the following one in October 2008.
Similar(14)
Affordable flat fee arrangements available.
Same fee arrangements as for English students.
Same fee arrangements as for English students studying in Scotland.
The PES-like entrance fee arrangements improved in terms of participation, transparency and equity.
Some lawyers work on contingency ("no win, no fee") arrangements, but others cannot shoulder the risk.
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