Tuesday, January 13, 2009

The Nuremberg Basis Points Defense

I vas jus follow-ving oh-derz:

Mr. Lereah, who says he left NAR [National Association of Realtors] voluntarily, says he was pressured by executives to issue optimistic forecasts — then was left to shoulder the blame when things went sour. “I was there for seven years doing everything they wanted me to,”


Not that the NAR was any more distrusted than your average CNBC shill always up for you buying more stock...or Toby Lundberg telling you about oil - while denying global warming. Those people just cannot be questioned. It would require -- what's the word? -- oh yes, a modicum of work.

via Atrios.

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