Where Spitzer should have spent his 80 grand

Recent reports suggest New York Governor Eliot Spitzer spent as much as $80,000 on hookers. In the spirit of good economic analysis, I took a look at the opportunity cost of those assignations. For that money, and for the sake of his career, perhaps The Spritzer should have spent the 80 grand on one of these pleasures, instead.

1. A Fisker Karma hybrid sports car. From the designer of cars for BMW and Aston Martin, this plug-in hybrid gets 50 mpg, but more importantly, does it with panache.

2. Four cases of Dom. Romane Conti 1997. At $1,540 per bottle, this French red Burgundy is known as one of the best wines in the world.

3. A week and a half in the most luxurious suite at the Burj Al Arab in Dubai, the world's tallest hotel. Built on its own island in the image of a ship in full sail, the Burj offer dining in its underwater restaurant, a private cinema, and airport shuttle in a Rolls Royce Silver Seraph. But no hookers.

4. Ten-game rental of the best Hall of Fame suite (holds 18-30 people) at Yankee Stadium, including parking and catering. Crying towels not included.

5. A used 48' Hinckley sloop sailboat, the Starlight, offered by a committed seller entangled in a divorce. (You might want to get his number for advice, Eliot.)

6. Two years at Princeton, including room, board, tuition, books, and a healthy weekly allowance. Hopefully they teach 'Managing your public image'.

7. Three years of a personal chef to prepare meals in your kitchen. No touching the cook, though.

8. A Jean Schlumberger Bird on a Rock brooch from Tiffany & Co., featuring a 107-carat emerald-cut aquamarine and 2.73 carats of round brilliant diamonds in 18k gold and platinum. Eliot, perhaps you should pick one of these up today, as a token. Ask Kobe how well that works.

Eighty grand seems like a lot to pay to ruin your career. But I suppose the real cost will be far greater, in opportunities lost, with nothing to show for it except some sordid memories and the disdain of millions.

Other ways Spitzer could have spent $80 grand
See Gallery
Where Spitzer should have spent his 80 grand
He could have had this cool green sports car.
He could have been sipping the best plonk in the world.
He could have had a penthouse in the top hotel in the world.
He could have had the best seat in the house.
He could have been cruising the deep blue sea.
He could have been taking classes in personal responsibility.
He and family could have enjoyed the repast of a personal chef.
He could have given his wife a piece of fine jewelry.
Read Full Story

From Our Partners