But Mr. Breitsprecher thinks the valuation is justified, saying Porsche's move to outsource some production in 1996 cut its capital requirements.
Although police officials did not explicitly defend the shooting at a news conference last night, they suggested that it was justified, saying that the shooting victim, Darnell Cisco, relentlessly punched the officers and grabbed at one of their handguns.
Although police officials did not explicitly defend the shooting, they suggested that it was justified, saying that the man relentlessly punched the officers and grabbed at one of their guns.
Some economists have questioned whether such a major government intervention in the mortgage market - on top of existing equity loans for first-time buyers - is justified, saying it may lead to an unsustainable increase in prices.
"The preliminary investigation indicates that the shooting appears to be justified," said Michael O'Looney, the deputy commissioner for public information.
"It is a courtesy that can no longer be justified," said Tom Damm, a spokesman for the Department of Community Affairs.
The shooting appears to be justified, said Police Commissioner Raymond W. Kelly, who visited the officer at the hospital.
"If the threat was imminent, then she would surely be justified," said Jerome H. Skolnick, co-director of the Center for Research on Crime and Justice at New York University Law School.
"The indiscriminate use of heavy artillery against demonstrators cannot be justified," said Christof Heyns, the UN special rapporteur on extrajudicial, summary or arbitrary executions.
"The vote today is in the right direction, but a higher increase is justified," said Joseph Strasburgh, president of the Rent Stabilization Association, the biggest organization of owners of rent-stabilized buildings.
