We pound on Lereah because he is misrepresenting the facts.
That's EXACTLY why a few of us called you out last night PS. You were misrepresenting facts!
"1.46 million loans at risk" does NOT equal "1.46 million defaults expected".
Sorry, but your title and analysis was very misleading. When called on it, you refused to acknowledge your error and instead became very thin skinned. I AGREE with 90% of your analysis PS, but you become far too defensive when challenged. If someone points out an error in your analysis, it's nothing personal, just constructive criticism.
Finally, it's okay for you to call analysts "liars" and run posters away from this board, but when you're called to task on an obvious error, you start threads asking not to be picked on? Can't have it both way, Mrs. 🙂
