As H.P. Shops, Its Bankers Do Very Nicely -- Andrew Ross Sorkin - NYTimes.com
How much would you pay for advice that turned out to be questionable? Would about $81 million sound unreasonable?
That’s how much Hewlett-Packard is estimated to have paid out in fees to its investment bankers in the last two years for advising it on a series acquisitions that have all been vocally scrutinized by investors. During the same period, Hewlett-Packard’s market value has fallen by more than $40 billion.
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