After reading about the Dragon Systems M&A deal here on HN: http://www.nytimes.com/2012/07/15/business/goldman-sachs-and-a-sale-gone-horribly-awry.html?_r=1&hpw'
From the sound of it in the article, the bankers pretty much just came to a few meetings, gave some "advise"(or no advise at all in Dragon's case), did some paperwork, and charged them $5 Million. Why does four bankers(two in the 20s, one in the 30s) working part time for few weeks need to charge $5 million? What would that be in $ per hour? Does the job they are doing really worth the money they charge?