@engineer,
engineer-
Maybe you're right. I'm not sure. Bannon worked at Goldman Sachs as an investment banker in the Mergers and Acquisitions Department. While there, he assisted in expanding Goldman's presence in the entertainment industry. He left Goldman with the title of vice president. Then he launched a boutique investment bank specializing in media. In one of Bannon & Co.'s transactions, the firm represented Westinghouse Electric. Instead of a full adviser's fee, he accepted a stake in five TV shows for which he still receives residuals. In 1998, Société Générale purchased Bannon & Co.)
With a per diem fine, he would incur expense until he paid.