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Erik Cagle
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IT SEEMS that Mr. ZIP no longer has a spring in his step, and it's not surprising to see why. His boss, the United States Postal Service (USPS), suffered a $3.8 billion loss for fiscal year 2009 and, frankly, it could have been worse. Had the USPS not been granted a reprieve from funding $4 billion of its required annual payments for retiree health benefits, the situation would have been more grave.
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Erik Cagle
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