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 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 AIG sued Bank of America 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.