Archive for the ‘SCI cemetery’ Category

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The Chicago Sun Times has done an interesting story on a Service Corporation International Cemetery that in many ways is

The Chicago Sun Times has done a Scandal |Non Scandal Story on the World's Largest Funeral Corporation.

The Chicago Sun Times has done a Scandal |Non Scandal Story on the World's Largest Funeral Corporation.

much to do about nothing. Yes there is the usual SCI Mismanagement. But it really has nothing to do with anything but the license on the wall.

In a Chicago Sun Times article entitled

“Making sure her brother rests in peace
After Burr Oak scandal, this sister is taking no chance”

the newspaper did a story  on the Scandal Ridden “World’s largest funeral corporation” But other than a license not being updated on the wall. There is no story. Only a gravestone moved for a backhoe and then put back in place.

A customer found a license that was not updated, but it is not clear if it was a license to sell headstone or a full cemetery business license.

This all went down at Oak Woods Cemetery.

As is the case with Burr Oak, the company that runs Oak Woods Cemetery is from out of state.

The Houston-based Service Corporation International boasts of operating funeral homes and cemeteries all over North America.

Gonnigan isn’t impressed.

She noticed that the City of Chicago business license that was on display in the cemetery’s office on Monday had expired.

When I asked about the license, Jennifer Brandino, a spokeswoman for Service Corporation International, e-mailed this response:

“It was our understanding that our license is current, but we are currently investigating its status and are taking any appropriate measures to reinstate it if necessary.”

via www.suntimes.com

A spokeswoman for the city noted that Chicago does not license cemeteries, but does require a license for the sale of headstones

This is a glaring example of how the press lacks judgment in identifying  true funeral|cemetery scandal

Funeral Industry|Funeral blog by Your Funeral Guy.


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Wednesday, December 2nd, 2009
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If the Funeral Industry crashes will President Obama give a bailout? Probably not to Service Corporation International....Close ties to the Bush Administration.

If the Funeral Industry crashes ......

The funeral industry is in decline. This can be seen by the latest numbers from Service Corporation International, SCI, NYSE:SCI. Worlds Largest Funeral Corporation loses millions again.

Millions and tens of millions of Service Corporation loss in dollars , in almost every category. SCI showed profits in the third quarter  by laying people off
and not paying overtime.

Revenue loses total about 19 million.

Revenues decreased to $497.2 million from $516.4 million last year. Analysts expected revenue of $480.73 million for the quarter.

via www.rttnews.com

Funeral Industry|Funeral blog by Your Funeral  Guy


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Friday, November 6th, 2009
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After Scandal after Scandal, Financial decline, and a national display of incompetence in the Ted Kennedy Funeral |Service-Corporation International went boasting today. They Brag about their superior management skills after a major purchase.

Service Corporation International Is doing Everyhing it can To Keep its big boss funeral reputation

Service Corporation International Is doing Everyhing it can To Keep its big boss funeral reputation

With all that bad news it appears that Service Corporation International is determined to maintain its big Funeral Boss, Big Death, Big Cemetery,World’s Largest Funeral Corporation Status.
Google reported the Keystone North America Purchase to be $208 Million, Other sources say the purchase is for $256 Million.

SCI may be reviving it’s acquisition strategy to survive!

Here’s the Bragging:

As demonstrated with our purchase of Alderwoods in 2006, we have a proven capability of successfully integrating large acquisitions,” concluded Ryan. “I applaud the SCI team and thank them in advance for their efforts.”

Keystone President and CEO Steve Tidwell stated, “Clearly the potential of this business combination is compelling. With this enhanced operating platform and the combined talent of our two organizations, we believe we can grow this business segment organically and through strategic acquisitions at very reasonable prices, further leveraging our scale in pursuit of customers that value our services.”

“The migration of the Baby-Boomer generation to suburban and rural areas over the coming years will represent a significant opportunity for growth,” added SCI Executive Vice President and Chief Operating Officer Mike Webb. “This transaction and the addition of key members of the Keystone Management team, including President and CEO Steve Tidwell, will position us as the unparalleled leader in this market with over 500 businesses, generating more than $350 million in revenues and serving over 68,000 families per year.”

“Our current portfolio has over 300 similarly positioned businesses which consistently generate solid margins and predictable cash flows,” said SCI President and CEO Tom Ryan. “We believe the opportunity to nearly double our presence in this attractive segment through an accretive transaction will generate significant value for our shareholders.”

Keystone, headquartered in Tampa, Florida is North America’s 5th largest provider of death-care products and services with 199 funeral homes and 15 cemeteries operating in 31 states and the Province of Ontario, focusing specifically on the small to mid-size markets.

via www.prnewswire.com

Funeral Industry|Funeral Blog By Your Funeral Guy


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Thursday, October 15th, 2009
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At SCI’s  Eden Memorial Park in Mission Hills, California  it has been repeated that Human Remains were thrown out like Trash. This is according to the Attorneys in the case. With all that has gone at Service Corporation International in 2009 one has to ask the question:

How will SCI  greed be stopped?

According to ABC 7 in Los  Angeles:

With all that has happened with Service Corporation International  who would trust these folks?

With all that has happened with Service Corporation International who would trust these folks?

The cemetery is alleged to have intentionally damaged existing vaults and then move the remains so they were able to squeeze more burial plots, and get more profits.

According to attorneys, some remains were “dumped like trash.” In a class-action lawsuit, one of the attorneys says it’s simply a case of profits over people, and they alleged that this has been going on for at least 10 years.”

Funeral Industry Funeral Blog  by Your Funeral Guy.


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Tuesday, September 15th, 2009
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iStock_000006938226Small

Revealed here are the details in the Eden Memorial Park  Lawsuit. There is also a link here to  a copy of the actual lawsuit. The lawsuit is a class action. It is against Service Corporation International, SCI, NYSE:SCI. At Eden Memorial Park up to 500 Graves were desecrated.

iStock_000004869181MediumThese are the charges:

Intentional Emotional Distress,

Negligence

Tortuous Interface with the right to dispose of remains.

Tortuous  Interface with dead bodies.

Violations of Business and professions code 1700.

A COPY OF THE LATEST SCI LAWSUIT IN CALIFORNIA CAN BE VIEWED HERE

Violation of Consumers Legal Remedy Act

Breach of Fiduciary Duty

Equitable Injunction Relief

Funeral Industry| Funeral Blog by Your Funeral Guy

generic cemetery pic from istock photo.


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Monday, September 14th, 2009
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