Millions Paid to Dead CEOs: Outrage Over 'Golden Coffins'

Absolute outrage. The average person dosen't even gross 2M in a lifetime. With respect to comcast, where's the risk, you are a monopoly!We need change.

this practice needs to be changed.

"it's pretty clear that many CEOs -- and their boards -- have no shame when it comes to compensation." Like we haven't known that for many years already? Oh, and for accuracy, change the "many CEOs" to MOST CEOs!

Should be good for Service Corporation of America (SCI-NYSE). I am in.

Congress should act. Nothing more than sheer greed. Time for multiple shareholder derivative suits.

millions to not COMPETE????????? with the firm after there dead?!?!?!?!? is there nothing they wont think of, this just makes me sad :[

The rich get richer the poor get poorer! What else is new? Talk about slavery. All us wage earners are slaves to whoever has the hammer. Oil, Government, Socialist programs, the list is endless. All this and not even any vasoline!

298 Million to "AID" in estate planning?? What a joke. Shareholdersare stupid if they stick around for that.

Capitalism's motto: "Greed is good!"

Yep, capitalism is all about "Greed is good" mentality.

It is time the government steps in to end this. The stockholders have tried by submitting propsals that are on the voting ballot but the board always recommends to vote against. These CEO's do not deserve the money that is paid them especially when the stock sinks in value or because of bad decisions the company starts to go south. To pay to get rid of a CEO is really stupid. Have you ever heard of an average person who works for a company being paid millions to leave?

It's a free market people. U don't want the gov involved, they'll just mess it up as they do everything else. As the article says, it's up to the stock holders to make a stink.

This is another another nail in the US economy, along with W's Big Oil pals. We're doomed. Learn Chinese while you can , our new owners may take a shine to those who speak the linga!

New tax plan: 1. only reasonable stock options. 2. no deferred compensation. 3. tax rate become 100% on amount of salary/bonuses over 1M. Results: Companies increase R&D and hire more. Companies increase dividends pleasing shareholders. Government pays of debt and rebuilds infrastructure. National standard of living increases. Let's face it, these huge compensation packages are from large corporations and for the most part monkeys could do what these CEOs do. Individual stockholders cannot change this with proxies as institutional investor in bed with CEOs and boards control voting. Small business owners and medium size coporate exec don't make this kind of money and usually work their butts off for what they get. They are the heart and soul of America.

Few years ago (2002 or so) I read an interview with Peter Drucker, who predicted with these new corporate rules and tax breaks all you would see is Corporate GREED and scandals ... VERY TRUE

Change! change! change! all the lazy people say - then nothing comes about on voting day! You fools, quit re-electing congress!

Unethical is unethical..........the moral fabric is dead and not getting any respect....

It's just amazing to me what you can do as long as it's OPM. All of the hawkers (just look at the ads on these pages) telling people to keep packing money away into the market into IRAs and 401Ks. Behind the scenes, you have a bunch of pigs using any clever scheme that they can dream up to drain that money out as fast as it rolls in with no real gain. You really have to have a GRAND sense of contempt for a company and it's shareholders to expect to get paid after you are dead for NOT COMPETING. Heck, that may be the next scam - becoming a CEO after you are dead...

Before you twist your knickers, if you don't like what a CEO is paid, don't buy the company stock or don't buy their product. Perhaps where you first need to look is into Congress, the shameful retirement/medical packages that they vote for THEMSELVES is YOUR MONEY, which is stolen from you via "taxes", which they can raise any time they wish. You have no control. What are you going to do, move to France? Stop allowing yourself to be fooled, Congress is pointing the finger at everyone else but themselves because you CAN vote them out. VOTE AGAINST ALL INCUMBENTS!

Hmmm. the last time i checked our society is build on the foundation that everyone has a chance to make a successful for themselves. Whether that goal is having as much fun, raising a large family, or yes ... making lots of money. The moment the government steps in to regulate how much money you can make we lose all ability to innovate and compete on the world stage. All the best companies, best innovations, and leadership resides here in the U.S. Everyone is just upset that its not them earning that kind of pay. Let's not forget that Comcast has created 10s of billion of dollars of return for its shareholders -- inlcuding middle-class.