A modest proposal: Make banker bonuses payable in electric cars!


Goldman Sachs (GS) and JP Morgan (JPM), reported blow-out earnings to be matched with blow-out six and seven-figure bonuses for their staffs. And struggling electric car company Tesla Motors opened a Gotham showroom (via AMNewYork) for its Roadster. This sporty two-seater zips from zero-to-sixty in a breathtaking 3.7 seconds. The car's $109,000 price tag is also breathtaking. But if you're a bulge-bracket banker, coughing up $109,000 for a car means merely a slight downgrade on the Hamptons summer rental. So the modest proposal is thus -- for all bankers getting bonuses over $500,000 -- to put their names on the Tesla waiting list and take the cash out of their bonuses.