First, it used visible, preventive patrols; second, officers were salaried rather than stipendiary, and they were prohibited from taking fees.
But Ms. Bair prevailed on taking fees for the guarantees, and the government so far has collected $7 billion.
In their reach for revenue, "airlines have been taking fees they already have and making them more complex," said Charlie Leocha, the director of the consumer association.
"But you're not going to get millions of Americans to retirement by taking fees from 70 to 50 basis points".
Some hospitals will take fees instead.
Madoff apparently hadn't taken fees, a dubious abnegation.
If you take fees and transfer them to a general fund, that's a tax.
The banks who advised on the deal were said to have taken fees of £60m.
The firms generally take fees of 2percentt of all money managed and 20percentt of profits.
Unlike Moody's and Standard & Poor's, Mr. Egan's agency takes fees from investors, not issuers, for its research.
