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> Can someone explain what these “speaking fees” Wall Street pays are really about? Status, connections (implied or otherwise), exclusivity and, sometimes, ed
by monkeydreams 6y ago
> Can someone explain what these “speaking fees” Wall Street pays are really about?
Status, connections (implied or otherwise), exclusivity and, sometimes, education.
However I've also seen speakers (in the pharma industry) who just turned up and gave a mediocre speech on topics we were already cognisant and then return to their job as Key Selection Maker at Hospital X with a fatter wallet then they arrived, and having spent a few days in a sunny location with some very drunk sales reps.
- jjeaff 6y agoSome of those type of speeches are why at least one prominent pharma executive is in jail. Bribes were paid to doctors as "speaking fees". Of course, they needed to actually make a speech of some sort to keeps things from being easily discovered. I'm guessing a lot of these speeches were very much "phoned in".