As you can see from this chart, Yahoo spent $9 million in the first quarter on “advisory fees.” The Silicon Valley Internet giant reported earnings today that met lackluster expectations.
Banker bonanza! Yahoo spent $9 million on advisory fees in Q1.
A $9 million payoff for advisors.


But bankers are doing great! As usual!
The last time the company spent nearly as much on these fees was a year ago, when Yahoo was doing a series of acquisitions and considering a variety of spinoffs. Then it was $8 million.
Which begs the question: Why am I not a banker? (Berners need not answer!)

This article originally appeared on Recode.net.











