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USPS reports record $15.9 billion loss
The struggling U.S. Postal Service on Thursday reported an annual loss of a
record $15.9 billion -- more than triple its $5.1 billion loss last year. The financial losses for the fiscal year ending Sept. 30 capped a tumultuous year in which the Postal Service was forced to default for the first time on billions in payments to avert bankruptcy. Mo http://www.nbcnews.com/business/post...loss-1C7099554 -- Victor Manta, PWO, AIJP ---------------------------------------------------------------------------- Philatelic Webmasters Organization: http://pwmo.org/ Art on Stamps: http://artonstamps.org/ Romania by Stamps: http://marci-postale.com/ Communism on Stamps: http://reds-on.postalstamps.biz/ Spanish North Africa: http://www.sna-on.postalstamps.biz/ ---------------------------------------------------------------------------- |
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USPS reports record $15.9 billion loss
The struggling U.S. Postal Service on Thursday reported an annual loss of a
record $15.9 billion -- more than triple its $5.1 billion loss last year. The financial losses for the fiscal year ending Sept. 30 capped a tumultuous year in which the Postal Service was forced to default for the first time on billions in payments to avert bankruptcy. You'd think that Bammity could give a c..p for the citizens, but no - he's into spending upon HIS PLAN. No plans for help to the PO. Meanwhile the services continue to disappear - four PO's in RURAL communities near me ar to 'disappear' shortly. Also they no longer honor ex-US registry in many cases - so mail is now fully 'at your risk'! |
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