Sheer genius

Credit Suisse is paying its top executives in illiquid mortgage-backed securities.  I've no doubt that someone, somewhere, will find a way to complain that it's not fair, but it strikes me as a very good idea.  If the things really are any good, they make money; if not, they take a bath along with the rest of us.  

This article available online at:

http://www.theatlantic.com/business/archive/2008/12/sheer-genius/4490/