Cannonball: Wall Street Bankers Partake in Road Rally as Performance Bonus

If you're an investment banker, how do you unwind from the stresses of derivative swaps, ethics investigations, and a weakened economy? The answer, it seems, is to blitz your way through Vermont in an expensive supercar along with 13 of your buddies -- and inevitably, get busted by the fuzz.

Reports are still somewhat sketchy, but it appears several top-performing investment bankers from an offshore investment company were rewarded with a special road trip inspired by the Cannonball Run. A road trip from New York City to Montreal was arranged, allowing participants to view the recent Canadian Grand Prix. Over 14 high-performance vehicles, including several Lamborghinis and a Mercedes-Benz SLR McLaren -- were rented from a New York company for the trip, which quickly became a high-speed road rally.


On the evening of June 11, the Vermont State Police received a call reporting a group of supercars was traveling at excessive speeds. The SLR was pulled over, but its driver somehow managed to avoid getting a citation.

Another banker wasn't so lucky. Spencer Lodge was clocked by an officer doing nearly 104 mph in a Lamborghini LP560 Spyder, and was arrested on the spot. A plea arrangement forced Lodge to pay $881 in fines and was released from police custody.

Police aren't finished, though -- authorities in Vermont say additional charges may be in the works for the other drivers. In an interview with WCAX, Lt. Bob Stebbins noted these may not be simple speeding tickets -- a number of participants may be charged criminally based upon the dangerous driving involved.

Sources: NBC Today, WCAX.com