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News@lemmy.world • 3 months ago

Wells Fargo Is Plotting to Privatize the Post Office

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Wells Fargo Is Plotting to Privatize the Post Office

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News@lemmy.world • 3 months ago

A newly released memo from the banking giant Wells Fargo outlines a predatory scheme to dismantle the USPS: sell off profitable parts, slash union jobs, and raise prices by up to 140 percent.

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@sik0fewl@lemmy.ca
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26•2 months ago
They should have been nationalized in 2009 instead of receiving $25 billion bailout loan.
- @AbsoluteChicagoDog@lemm.ee
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  6•2 months ago
  deleted by creator
  - @sik0fewl@lemmy.ca
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    4•2 months ago
    They did pay it back.
    - @Fedizen@lemmy.world
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      2•2 months ago
      How much of that was subsidized by the US government bailing out AIG?

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