USPS Wasted $1.2 Million on 'Simpsons' Stamps

In a blunder of Homer-sized proportions, the Postal Service spent $1.2 million too much in printing one billion commemorative Simpsons stamps, only 318 million of which sold, Bloomberg's Angela Greiling Keane reports. The findings come from a report by the Postal Service's inspector general, which pointed to The Simpsons as a money suck. Per the report: "we found the Postal Service overproduced 2 billion commemorative and special issue stamps during calendar years 2009 and 2010, resulting in $2 million of unnecessary manufacturing costs annually for stamps that were later destroyed." The Simpsons stamps were on sale in those years to mark the 20th anniversary of the cartoon. 

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Though the Postal Service may be regarded as a creaky relic like Mr. Burns, it only wishes that it has Springfield's richest man's financial security. Keane noted that it recently posted a third-quarter $5.2 billion loss.