Quote:
Originally Posted by joe64
Administration fee 12,5%. Nice tip for chico. 10%, then 12,5%, what next chico's step? 20% 30% 40% administration fee ?
Do you have any idea of all the administrative expenses incurred by Chico with the BBJ?
There's the clerks, secretaries, CPAs, the BBJ committee, the board, travel expenses, including helicopter upkeep, an independent committee, banking, an escrow account, and misc.
It would not be unreasonable for Chico to take 50% administrative fees.