February 16, 2009

The Death Tax vs The Death Bonus

How mighty fucking white of him:

The chief executive officer of Comcast Corp. will forgo an increase to his base salary for 2009, along with other top executives. In a filing yesterday with the Securities and Exchange Commission, CEO Brian Roberts also gave up his right to a base salary and annual cash bonus for up to five years after his death.
His performance-based bonuses would potentially be paid for five years after his death. How well would he have to perform after dying? How confusing.
Seriously, WTF is wrong with this picture?