The United States Postal Service certainly is diversifying its revenue stream. For starters, it’s turning to a line of clothing to help close the revenue shortfall caused by the decline of first class mail.
But it’s also looking to stick its hypostome into the recently unpersoned Lance Armstrong:
The United States accused cyclist Lance Armstrong on Friday of defrauding the U.S. Postal Service by taking its sponsorship money at the same time he was doping and using performance-enhancing drugs in violation of cycling rules.
The government joined a civil suit against Armstrong, stripped of his seven Tour de France titles and banned for life from cycling in 2012 after accusations he had cheated for years. In January, he said the accusations were true in an interview with television host Oprah Winfrey.
They got positive publicity when Lance Armstrong was a hero, and nobody thought ill of the post office for Lance’s recent fall from grace.
Until, of course, it decided to join this suit, where it revealed that the money-losing enterprise has $30 million or more to spend on sports sponsorships, and that it’s not above spending more of its lost money on a speculative lawsuit.