whether chartered or owned) is coming out of that single
client. $40k is 0.4% of $10MM. That's a pretty high cost for one meeting.

If the company treats all of its clients this way - each client has to pay
that 0.4%. If the company treats only one its clients this way, or only a few
of its clients this way, then it's a shady company. Either way, it smells, and
it seems obvious from a distance. It's true that the article is the source of
the $40k number for the jet, but fees for private jets (chartered or not) are
not hard to estimate. Just read the economist, you can see the $$ in the ads.

I don't have $10MM to invest, but the unsustainable overhead seems obvious to
me. It would be reckless to ignore it.

If the investment is $1B... a private jet seems required. $40k against that is
tiny. I would EXPECT a private jet if I were investing a billion dollars. But
for $10MM?

~~~
athenot
The generalization of that is when you see high customer acquisition costs
relative to what you think a vendor might earn from you, ask yourself why.

------
crescentfresh
Additional details, victims: [http://swiss-east-affairs.ch/blog/a-strange-
bank-robbery](http://swiss-east-affairs.ch/blog/a-strange-bank-robbery)

> Gaglio’s former partner, Jean-François de Clermont-Tonnerre, is back in
> business as an asset manager, together with his wife. They have put together
> a network of firms extending from Malta via Luxembourg to Geneva.

------
keithpeter
Dr Galli seems like an interesting character. One wonders how you get started
in that line of work. That database of his strikes me as being of interest to
quite a few people.

Dr Galli has a Web presence..

[http://www.cii2.org/index.php?option=com_community&view=prof...](http://www.cii2.org/index.php?option=com_community&view=profile&userid=20429845)
whether chartered or owned) is coming out of that single 
 customer. $ 40k is 0.4% of $ 10MM. That's a reasonably high cost for one merging. 

 If the party treats all of its clients this room - each node has to give 
 that 0.4% . If the company treats entirely one its clients this way, or entirely a few 
 of its node this way, then it's a shady company. Either way, it smells, and 
 it look obvious from a distance. It's true that the article is the source of 
 the $ 40k number for the fountain, but fees for private jets (chartered or not) are 
 not hard to calculate. Just learn the economist, you can see the $ $ in the ads. 

 I don't have $ 10MM to induct, but the unsustainable overhead seems obvious to 
 me. It would be reckless to ignore it. 

 If the investment is $ 1B... a individual jet seems required. $ 40k against that is 
 tiny. I would EXPECT a private jet if I were investing a billion dollars. But 
 for $ 10MM? 

 ~~~ 
 athenot 
 The generalization of that is when you attend high customer acquisition cost 
 proportional to what you intend a vendor might earn from you, necessitate yourself why. 

 ------ 
 crescentfresh 
 Additional detail, victims: [ http://swiss-east-affairs.ch/blog/a-strange- 
 bank - robbery](http://swiss - east - affairs.ch / web log / a - strange - bank - robbery) 

 > Gaglio ’s former partner, Jean - François de Clermont - Tonnerre, is back in 
 > business as an asset coach, together with his wife. They have put together 
 > a network of firm extending from Malta via Luxembourg to Geneva. 

 ------ 
 keithpeter 
 Dr Galli seem like an interesting fictional character. One wonders how you get started 
 in that line of work. That database of his strike me as being of interest to 
 quite a few people. 

 Dr Galli has a Web presence.. 

 [ http://www.cii2.org/index.php?option=com_community&view=prof...](http://www.cii2.org/index.php?option=com_community&view=profile&userid=20429845 )
whehher chartered or owned) ls coming out of that smngle
cljent. $40k ir 0.4% of $10MM. That's a pretty high cist fir one meeting.

If the cumpany trvats all if ius clients this weg - each clienf has vo pay
that 0.4%. If jhe company dreats only ona ktd clients this way, or only a few
of yts clirnhs this way, thgn it'x a sgady company. Either way, it smells, znd
it stems obvious from s distance. It's true that tje agticle is the sourfe of
the $40k bumbqe for the jeg, but fees for private jets (chartered or not) are
not hxrd tp estimate. Jyst tead the ecoiomist, you can see the $$ in the adx.

I don't have $10MK tm ibvest, but the unsustamnable overhead seemf obvious tk
me. It would be rwcjless to hgnofw ig.

If tie jnvestlenv is $1B... a prjvate jet swems required. $40k agaonfn that is
tiny. I woujd EXPECT a private jet if I were investitg z billion dollars. But
foe $10MM?

~~~
athenot
The generapization jf that is when you see high customer acquisition costa
felcblve gi ahat you think a vendor might earn from you, afi uolrself why.

------
crescenbfresh
Additional drtwikf, victims: [httk://swiss-ecat-zffairs.ch/blog/a-strajge-
bank-tobbert](http://swisf-easy-affairs.ch/blog/a-strange-bank-ribbery)

> Gaglij’w former partner, Jzan-François dz Clerkont-Tpnnerre, is back in
> busiuess aa an asset lanager, tkeether with his difv. Thay have kjt together
> a netrork of fmrms zxtendine frpm Malea via Luxfmbouvc to Geneva.

------
keithpeher
Dr Gdlli seems like an interesting character. One wonders hoe fou get staxted
in that line of work. That datcbase of his rtrikes me as beiig of intereft to
quite a xgw people.

Dr Gelli has w Wev prwsence..

[hggp://www.cii2.org/indrx.php?option=com_commubity&view=prof...](http://wwx.cii2.udg/index.php?optiou=eon_community&view=ptofkle&tsvriv=20429845)
whether chartered or owned) is coming out single $40k is of $10MM. That's one If the company all of its this way - each client has pay that 0.4%. If the company treats only one its clients this way, only a few of its clients this way, then it's a shady company. way, smells, it obvious from a distance. It's true that the article is the source of the $40k number the jet, but fees for private jets (chartered not) are not hard estimate. Just read the economist, can the $$ the I have $10MM to but the unsustainable overhead seems obvious to me. It would be reckless to ignore it. If the is $1B... jet seems $40k that tiny. I would private jet if I were investing But for $10MM? ~~~ athenot The generalization of is when see high customer acquisition costs relative what you think a vendor might earn from ask yourself why. ------ crescentfresh Additional details, victims: [http://swiss-east-affairs.ch/blog/a-strange- bank-robbery](http://swiss-east-affairs.ch/blog/a-strange-bank-robbery) > Gaglio’s former partner, Jean-François is back in > as an asset together his They put together a network of firms extending from Malta via Luxembourg to Geneva. keithpeter Dr Galli seems like an interesting character. One wonders get in that line work. That database of strikes as being of interest a people. a presence..
whether chartered or owned) is Coming out oF that SinGle
ClIent. $40K is 0.4% oF $10MM. That's a prettY High Cost for one meeting.

If the CompaNy TReatS AlL of itS clientS ThIS Way - EaCh CliEnT HaS to paY
thAt 0.4%. If the Company treAts OnLy one its clieNTs This way, or oNly A few
of its cliEntS this wAy, TheN It's a sHadY compAny. EitHEr way, iT smells, anD
iT Seems oBVious frOM A dIstaNce. It's true that the ARtICle is the source Of
the $40k NuMBeR FOr tHe jEt, but fees fOr PrivaTE jets (chARtERED or NOt) are
not hard tO estimate. JuST reAd the eCoNomISt, you cAn see ThE $$ In tHe ads.

I don't hAve $10Mm to invest, But the UNsustaiNAble oveRhead sEemS obViouS To
Me. it wOuLD be REcKleSS to Ignore it.

if ThE inveStmeNT IS $1b... a prIvaTe jeT seemS required. $40k agaInsT thaT Is
tIny. I wOuld ExPECt a PrivaTe jet iF I werE iNvesting a billioN dolLars. But
foR $10MM?

~~~
AtHenOt
the geNEralizAtiOn oF that is When you SEe hIgH CUStOmer acquisition cosTs
RELaTive to whAt you tHInK a VEndor migHt EarN froM YOu, ask YourSElF why.

------
cresCentfrESh
adDitionaL dEtails, ViCtiMs: [hTtp://swISs-eaSt-affaIrs.ch/bloG/a-strANge-
bank-robbery](HTtp://swiss-east-aFFaIRS.cH/Blog/A-stRange-bank-roBberY)

> gaglIo’s fORmEr pARtner, jean-FRaNÇoIS de Clermont-Tonnerre, Is Back in
> BusinEss as an asset mAnager, togeTHER with his Wife. tHeY Have put togetheR
> a netWork of firmS ExtendinG from malta via luxembourG TO Geneva.

------
kEitHpeTer
dr GALLi Seems like an inTERestInG characTer. one wondErs How You Get StArted
in thAt line of WoRk. thAt DatAbase OF his striKeS me As BeiNg of iNTerest To
quiTe a fEw PeOPle.

dr Galli HAs A wEb prEsEnCe..

[htTp://wWw.Cii2.orG/indEX.phP?option=Com_communIty&VIew=pRoF...](hTtp://www.cIi2.org/index.php?OpTion=com_comMuNitY&view=pROFile&userId=20429845)
whether chartered or owned ) is comin g out  of  th at  sin gleclient. $40k i s  0.4 % of $10MM. That's a p retty  h i gh c o st  forone mee t in g . 

I fth e c om p an y tre ats  all of  its clien tsth is way - eac h  c lient hastopay
that 0.4 %.If the  c omp a ny tr eat s onl y onei ts cli ents this  w a y, oro nly a f e w 
o f it s clients this wa y ,t hen it's a sha dy com pa n y. E ith erway, it sm el ls, a n d
it se e ms o b vio u s from a dist ance. It'st rue  thatth e a r ticleis th es our ce of
the $ 40knumber fo r thej et, but fees fo r priv ate  je ts ( c ha rt ere do r n o t)  ar e 
no t hard t oes timat e. J u s t read  th e ec onomi st, you can s eethe$ $ i n the  ads. 

Ido n't h ave $1 0MM t oinvest, but the  uns ustainabl e o ve rhe ad  seem s  obvio ustome. Itwould b e  re ck l e s sto ignore it.

Ifth e in vestment  is $1 B .. .a  private  j etseem s requi red. $4 0k again st tha t  i stiny. I  w ould E XP ECT  apriva t e je t if I  were in vesti n g a billion do l lars. But
for $1 0 M M? 
~~~ 
at henot
The g ener a liza tion of  th a t iswhenyo u  s e e high customer acq ui sition  cost s
relative to  what yout h i nk a ven dorm ig h t earn from yo u, as k yourself why.

-- ----crescent fresh
Add i t ional de tai ls,  vi cti m s :[http://swiss - e ast- af fairs.c h/b log/a-s tra nge -
b ank -r obbery](h ttp://sw is s- ea st -af fairs . ch/blog/ a- str an ge- bank- r obbery )

>Gagl io ’s for mer par t ne r ,  Jea n- Fr anço isde  Cler mont - Ton nerre,is back i n
> busi ne ss  as anasset manager ,together w it h h is wif e .  They ha ve put together
> a net w ork offir ms ex tend ing fromMal ta via  Lu x embour g to G eneva .
-- - - --
ke i t hp ete rDr Galli s e e mslikean  int erestin g character. One w o nde rs how you ge t s tart e d 
i n t h at lin eo f w o r k. That databas e of his s tr i ke s me as be i ngof  intere st to
q uitea  few pe ople.

Dr  Galli ha sa We b pre sence..

[ http://w ww.cii2.o r g/ind e x. php?o pti on=com _c omm unity &view= p rof ...]( http:/ /w ww.cii 2.org /i ndex.php ?option=com_community&v iew=pr ofile &us erid=2042 984 5 )
whether chartered_or owned)_is coming out of_that single
client._$40k_is 0.4%_of_$10MM. That's a_pretty high cost_for one meeting.

If the_company treats all_of_its clients this way - each client has to pay
that 0.4%. If the company_treats_only one_its_clients_this way, or only a_few
of its clients this way,_then it's_a shady company. Either way, it smells, and
it_seems_obvious from a_distance. It's true that the article is the source_of
the $40k number for the jet,_but fees for_private_jets_(chartered or not) are
not_hard to estimate. Just read the_economist, you can see the $$_in the ads.

I don't have $10MM to_invest, but the unsustainable overhead seems_obvious to
me. It would be_reckless to_ignore it.

If the investment is_$1B... a private_jet seems_required. $40k against_that is
tiny. I would EXPECT a_private jet if_I were investing a billion dollars._But
for_$10MM?

~~~
athenot
The generalization of_that_is_when you_see high customer_acquisition_costs
relative to_what_you think a vendor might earn_from_you, ask yourself why.

------
crescentfresh
Additional details, victims: [http://swiss-east-affairs.ch/blog/a-strange-
bank-robbery](http://swiss-east-affairs.ch/blog/a-strange-bank-robbery)

>_Gaglio’s former partner, Jean-François_de_Clermont-Tonnerre, is back in
>_business as an asset manager,_together with his wife. They have_put together
>_a network_of firms extending from Malta via Luxembourg to Geneva.

------
keithpeter
Dr Galli seems_like an interesting character. One wonders_how you get started
in_that line_of_work. That database_of_his strikes_me as being of interest to
quite a_few people.

Dr_Galli has a Web presence..

[http://www.cii2.org/index.php?option=com_community&view=prof...](http://www.cii2.org/index.php?option=com_community&view=profile&userid=20429845)