Oregon Media Insiders

The amount of unsold inventory in Bend is staggering. The bubble has popped, with top notch builders such as Renaissance Homes looking at inventories in the double and triple digits. The math alone dictates a long, slow recovery for housing prices in what was a highly overvalued city.

If Fisher's reporting was edited to create a false picture of reality, then the Bulletin is guilty of allowing the breach of the ethical barrier between sales and journalism.

If he merely took a couple of days off in an exaggerated fit of pique, it's quite possible he deserved his fate.

Otherwise he looks like the Sheriff in Jaws wanting to get the word out to be careful on the beach while the town fathers were far more concerned with tourism.

Either way, there's blood in the water.