Zings Of The Day, August 8, 2011

The U.S. Treasury
pointed out a $2 trillion mistake
that S&P made in assessing the U.S. credit, and ultimately downgrading it to AA+. Glad to see none of these guys passed basic arithmetic and they are rating government debt. 45,000 workers at Verizon Communications (NYSE:
VZ
)
went on strike yesterday
after failing to come to a deal on health care and other parts of their contract. Can you hear me now? No. We're on strike. American International Group (NYSE:
AIG
)
sued Bank of America
(NYSE:
BAC
) today on over hundreds of mortgage-backed securities. Great. So the company that caused nearly took us down in 2008 is trying to take us down again in 2011.
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