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That money will go back to some 200,000 customers whom Countrywide forced to pay outsized fees for foreclosure services.
But there are formidable obstacles: the big dealers will fight it, because it will rob them of the outsized fees they get from bespoke deals over 90% of their total derivatives-trading revenue, by one estimate.
But the billion-dollar fortunes accumulated by hedge-fund managers (and the outsized fees they charge) imply that not just $20 notes but bulging wallets can be grabbed by those that are smart enough.The belief that hedge-fund managers have the magic touch has prompted the industry to grow from just $39 billion of assets in 1990 to around $2 trillion today.
Later this month, the Senate panel is expected to hold a hearing examining the role of investment banks in Enron's collapse, looking, for example, at whether the banks participated in deals that obscured Enron's true financial state in exchange for outsized fees from the company.
In addition to the outsized fees and honorariums that General Pinochet may have received from his activities abroad, Chilean officials are now examining whether the general expropriated large sums from government "reserved expenditure" accounts used to carry out covert operations and investigations.
What's awesome about the Internet is how it breaks up monopolistic markets where middlemen unfairly gobble up outsized fees, leaving us little choice but to keep paying them.
Similar(52)
Although saying net interest income and net interest margin continues to be sluggish, and outsized fee revenues will raise concerns over quality and sustainability, the company still has the lever to tap and its credit quality remains very sold, adding that could calm some fears about mortgage exposure.
Pauley noted in his decision that he's not the only judge to be troubled by outsized receiver fees.
The outsized rights fees for broadcasting games means that Monday Night Football, at best, breaks even for ABC, according to TV experts.
Most of the sanction amount -- $75,000 -- was awarded to cover the McDaniels' legal fees, which were outsized because Bear Stearns refused to comply with their requests for documents.
Based on management's expense guidance, there are at least 50% incremental margins on each additional dollar of base revenue, and performance fees offer additional outsized leverage.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com