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.
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.