Postmaster General John Potter's base salary climbed to $265,000 last year from $186,000 in 2007. He also received a performance bonus of $135,000. In all his total compensation -- salary, bonuses, retirement benefits and other perks -- topped $850,000
At the same time, the Postal Service, an independent federal agency, is crumbling alongside the economy and as online communications increase competition. The Postal Service lost $2.8 billion last year when total mail volume recorded 202 billion pieces of mail, its largest single drop in history
But let the damn thing jump the trackAnd see who catches hell.
This is why the stock is at <30 points instead of 84 when I bought in. Who should be pissed now?Over half my retirement is history.
That would suck, but personal I hope it stays low for the next few years.
Excuse me for seeming bitter, but it took me 35 years and a hell of a lot of washing machine repairs to lose $40,000 in one fell swoop last year.
Let me get this straight: you knew how bad the new models performance sucked but thought the stock would stay at a premium?