Professor Edward Kane:

Let us put it another way. The systems have seldom been good. For example, rewarding somebody for getting a higher interest rate from a customer seems to be against the long-term interests of the bank. When I was in high school and college, I used to work on straight commission. The commission system has some good features, but it has some things one would have to control in banking. Incentive-based compensation can be good if it is tied to the right targets and bad if it is tied to things that end up mistreating customers.