Quote:
Originally posted by poseidon I heard on the radio yesterday that James Carville was invited to do a speaking engagement at Enron in a couple of months. He was contracted to do this back in November.
James Carville gets $100,000 per speech.
It is my understanding that it is typical to pay someone 50% as a down payment, and then after the speech occurs they get the other 50%.
So, it would seem that James Carville received $50,000 up front for a speech that he won't have to deliver.
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Um, so you're saying that you
guess he's received $50,000 based on what he normally gets and the fact that businesses
typically pay a downpayment?
I'm not sure there is a discussion here unless we know that Carville received $50,000 up front (instead of guessing that he probably did).
Or am I being naive and missing a point here?
As a sometime freelancer, I know the whole reason I ask for money up front is because I've blocked out my time for that contractor and if they don't deliver the work for me to complete, then I still deserve compensation for the time that I might have given to someone else.