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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 10:11 AM
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Postal Service Board Dominated by Corporate Execs, Lawyers, Lobbyists

Postal Service Board Dominated by Corporate Execs, Lawyers, Lobbyists
Corporate Crime Reporter, September 27, 2011


The United States Postal Service Board of Governors is dominated by corporate executives, lawyers, and lobbyists. And according to consumer advocate Ralph Nader, that’s a key reason why the Postal Service is in trouble.

“Historically, ever since it was transformed from a cabinet level department to a government corporation, it’s been controlled by corporate executives, lawyers or lobbyists,” Nader said. “And that’s the case today. That explains the desire to keep the Postal service under restrictions that reduce its revenues and limit its expansion into other areas of service that would generate more revenue and more fully utilize the post offices. This strategy has benefitted UPS and Federal Express.”

Five out of the nine members of the board are currently corporate executives, lawyers or lobbyists. There are currently two vacancies.

Louis Giuliano, the chairman or the board, is currently a senior advisor to The Carlyle Group and is a former president and CEO of ITT and former execute at Allied Signal. ..............(more)

The complete piece is at: http://www.corporatecrimereporter.com/USPS09272011.htm



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