Dear Usps: Consider Privatizing

Business and financial news - CNNMoney.com, CNN: Business
Mon, 08/03/2009 - 11:36am

The U.S. Postal Service is losing money so quickly you'd think it somehow got mixed up in the subprime mortgage business. It's on track this year for an operating loss of between $6 billion and $12 billion, debt surpassing $10 billion, and a $1 billion cash shortfall. For any business, those are some ugly numbers.

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Topics:  u.s postal service   billion   business   
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