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)