How Homer Simpson Is Bringing Down the Post Office

Aug. 21 (Bloomberg) -- Bloomberg's Dominic Chu reports that the money-losing U.S. Postal Service guessed that TV cartoon character Homer Simpson and his family were twice as popular as Elvis Presley when it came to sales of commemorative stamps. The service produced 1 billion of “The Simpsons ” stamps and sold 318 million with the remainder being disposed at a loss. He speaks on Bloomberg Television's "In The Loop."