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The Five Dumbest Things on Wall Street This Week

Stock quotes in this article: VZ , BLS , T , Q , BOL , THC , VTSS , GM  

1. Freedom Rings

Verizon (VZ Quote) has found its calling.

The New York telco and rivals AT&T (T Quote) and BellSouth (BLS Quote) have been getting belted around over government telecom monitoring. USA Today reports that the three big phone companies have allowed the National Security Agency to secretly collect Americans' calling records.

Only Qwest (Q Quote), under the courageous leadership of now-indicted CEO Joe Nacchio, declined to play, USA Today reports. That left the other Bells scrambling to profess their purity. ...

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