Ron Bloom - Post Obama Administration

Post Obama Administration

On October 16, 2011, The New York Times reported, "the National Association of Letter Carriers announced that it had hired Mr. Bloom and Lazard, the financial advisory and asset management firm, to develop a strategy to revitalize the deficit-laden postal service", currently facing a deficit of nearly $10 billion. The union is looking to Mr. Bloom to help expand and explore possible solutions needed to address the service’s immediate fiscal crisis as well as a range of long-term business strategies. The national president of the union, Fredric V. Rolando, commented about Bloom and Lazard: "They have experience in analyzing large, financially complex institutions and crafting creative solutions."