Postal Service defaults on $5.6 billion payment
By Aaron Smith @AaronSmithCNN October 3, 2013: 10:55 AM ET
The Postal Service defaulted on a $5.6 billion payment, just as it said it would.
NEW YORK (CNNMoney)
The U.S. Postal Service has defaulted on a $5.6 billion payment for retiree health benefits that was due on Monday, just as the Postmaster General had warned it would.