Yet if the risks in the eurozone are receding, why are investors still parking most of their money in "safe haven" German bonds -- and even paying Berlin for the privilege of lending it money as the negative yields at recent auctions of short-term German bonds illustrate?
Bank deposit rates are lower than the pace of inflation, meaning savers effectively pay banks for the privilege of handling their money.
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French economics: you must pay for the privilege of sending us money.
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William Ackman charges his investors rich fees for the privilege of parking their money at his Pershing Square Capital Management hedge funds.
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He did charge me a 4 percent commission for the privilege to turn my money over to the Special Situations fund team, which charged another 2 percent annually for management fees.
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He did charge me a 4 percent commission for the privilege of turning my money over to a Special Situations fund team, which charged another 2 percent annually for management fees.
After you have paid a 15% government tax (30% for high earners) on contributions, fund managers then take their commission and extract an annual management fee for the privilege of managing your money.
Investing has sunk to this: People are willing to pay a big premium for the privilege of getting their own money back, after fat fees, without interest apparently because it gives them the illusion of earning a high yield.
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It seems very odd indeed to be trying to charge somebody for the privilege of helping you to make money.
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Feeney never slaps his name on a library or hospital, since he can collect additional money for the project from more egocentric tycoons who gladly pay millions for the privilege.
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Once the matter has become the subject of a confidentiality agreement, the money manager will usually withhold it from regulators and law enforcement pursuant to the attorney-client privilege.
There's even a school of thought that asserts that the government can't assert financial privilege if their amendments don't bust the Ministry of Justice's budget, and just move money around within it.
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