November 30, 2008
November 29, 2008
Swedish PMG says he will work for free
The Associated Press: Swedish CEO says he will work for free
Lars G. Nordstrom isn't the only CEO being criticized these days for earning too much money during the world financial crisis. But he may be one of the few who has reacted by deciding to work for free.
Since becoming head of the Swedish postal service in July, Nordstrom has been paid 900,000 kronor ($110,000) a month. And that is on top of the millions he receives in a retirement package from his previous job as chief executive officer of the banking group Nordea AB.
Lars G. Nordstrom isn't the only CEO being criticized these days for earning too much money during the world financial crisis. But he may be one of the few who has reacted by deciding to work for free.
Since becoming head of the Swedish postal service in July, Nordstrom has been paid 900,000 kronor ($110,000) a month. And that is on top of the millions he receives in a retirement package from his previous job as chief executive officer of the banking group Nordea AB.
November 27, 2008
November 17, 2008
Postal Service Investigates Postmaster General's Countrywide VIP Mortgage Deal
The Postal Service is investigating whether the nation's postmaster general improperly received a sweetheart deal on a mortgage from Countrywide Financial Corp., the chairman of the service's governing board said.
Postmaster General John E. Potter is one of several prominent current and former U.S. officials who received discounts and other benefits from the mortgage giant. The Postal Service has hired an outside investigator to review the deal, which reportedly included one shaved point and waived fees for Potter's $322,700 loan.
"We're taking it seriously enough that we wanted it reviewed and we didn't want it done internally," the chairman of the Postal Service Board of Governors, Alan Kessler, told The Associated Press
http://www.google.com/hostednews/ap/article/ALeqM5g3sWBsvnG_4zNdpFh71iWer3CVpAD94GJEL00
Postmaster General John E. Potter is one of several prominent current and former U.S. officials who received discounts and other benefits from the mortgage giant. The Postal Service has hired an outside investigator to review the deal, which reportedly included one shaved point and waived fees for Potter's $322,700 loan.
"We're taking it seriously enough that we wanted it reviewed and we didn't want it done internally," the chairman of the Postal Service Board of Governors, Alan Kessler, told The Associated Press
http://www.google.com/hostednews/ap/article/ALeqM5g3sWBsvnG_4zNdpFh71iWer3CVpAD94GJEL00
November 09, 2008
Postal worker sent home for wearing Obama T-shirt
WLBT 3 - Jackson, MS: Postal worker sent home for wearing Obama T-shirt: "A U.S. Postal worker says he was sent home Saturday after refusing to take off a Barack Obama T-shirt.
Fifty-year old Roger Thompson works at the main post office in downtown Jackson. Thompson said workers were told Friday that they could not wear President-Elect Obama T-shirts, hats or other paraphernalia.
He says the post office plant manager told employees they would receive disciplinary action if they wore Obama attire because some workers complained that it upset them. He feels his rights are being violated."
Fifty-year old Roger Thompson works at the main post office in downtown Jackson. Thompson said workers were told Friday that they could not wear President-Elect Obama T-shirts, hats or other paraphernalia.
He says the post office plant manager told employees they would receive disciplinary action if they wore Obama attire because some workers complained that it upset them. He feels his rights are being violated."
November 03, 2008
Postal Service won't close Sioux City mail center
Sioux City Journal: Postal Service won't close Sioux City mail center: "The U.S. Postal Service will not close the mail processing and distribution center in Sioux City, USPS officials announced this morning.
For many months, some Sioux Cityans feared the processing center located on the city's south side could be closed. In April 2006 USPS officials said it was possibile the center could be consolidated with another one 80 miles north in Sioux Falls, S.D."
For many months, some Sioux Cityans feared the processing center located on the city's south side could be closed. In April 2006 USPS officials said it was possibile the center could be consolidated with another one 80 miles north in Sioux Falls, S.D."
November 02, 2008
Don't blame post office for misdelivered mail
islandpacket.com | Don't blame post office for misdelivered mail: "Postal customers on Hilton Head Island should not be allowed to use multiple addresses. Some customers believe it is their right to use whatever they want for an address.
The post office is a company trying to make money. Like any company, it has evolving technology. There are many machines taking the places of employees. These machines read an address from the bottom up. This means that there is a proper address format. The format would be first line, name; second line, street address with unit number if applicable; third line, city, state and ZIP code."
The post office is a company trying to make money. Like any company, it has evolving technology. There are many machines taking the places of employees. These machines read an address from the bottom up. This means that there is a proper address format. The format would be first line, name; second line, street address with unit number if applicable; third line, city, state and ZIP code."
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