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August 5, 2011

Postal Service warns of default, bleeds money

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The U.S. Postal Service posted a net loss of $3.1 billion in its third quarter and warned again it would default on payments to the federal government if Congress did not step in.

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Source: http://pheedo.msnbc.msn.com/click.phdo?i=3d9599c2cc8d0225350094d65bd65f1c

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