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CMS Energy Corp. Message Board

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  • roger29palms roger29palms Mar 30, 2004 1:30 AM Flag

    Others receiving phantom stock units

    shouldhave,

    I appreciate your posts. They are always informative and objective.
    This idea of giving employees stock and or options under the illusion that doing so gives the employees greater incentive to perform in such a manner that investors are ultimately rewarded with increased company performance is a discredited concept. I refer anyone interested in the topic to books authored by Graef Crystal in the 1990's. [I am not certain of the spelling of the first name]. What is so galling to me is that bod's continue this stock and option sham. The old boy network is alive and kicking.

    Roger

 
CMS
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