Lereah Out

Submitted by Rich Toscano on April 30, 2007 - 10:20am

National Associates of Realtors economist David Lereah, who was an embarrassment to decent Realtors everywhere, is leaving the NAR. I can only assume that the NAR belatedly realized that their strategy of self-serving disinformation was not serving their long-term interests, and that they threw that strategy's poster boy to the wolves. Of course, I have no proof at all of this assumption -- perhaps Lereah got sick of being a national punchline and left voluntarily.

Either way, it would be nice if this development heralded a move towards more ethical and forthright behavior on the part of the NAR. I'm not getting my hopes up.

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Submitted by cr on April 30, 2007 - 12:52pm.

Reminds of Greenspan leaving during the calm before the storm...

Submitted by Andy on April 30, 2007 - 2:12pm.

Now is a good time to leave the sinking ship.

Submitted by Critter on April 30, 2007 - 3:18pm.

I thought the captain went down with the ship? Sounds like he's being forced to walk the plank...

Submitted by etz3l on April 30, 2007 - 9:15pm.

On a related note:
Pinocchio has filed a patent infringement lawsuit against NAR for the improper use of lying technology...

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