Corridore Says U.S. Postal Service Cuts to Hurt Economy

Dec. 5, 2011 - Dec. 5 (Bloomberg) -- Jim Corridore, an analyst at S&P Capital IQ, talks about possible service cutbacks at the U.S. Postal Service. The agency, which is trying to cut $20 billion in operating costs by 2015, is seeking to slow mail delivery to help save $2.1 billion a year. Corridore speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg) (/Bloomberg) Correction: Clarification:

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Corridore Says U.S. Postal Service Cuts to Hurt Economy