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Economist Nouriel Roubini lashes out at CNBC host

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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-08-09 11:23 AM
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Economist Nouriel Roubini lashes out at CNBC host
Economist Nouriel Roubini lashes out at CNBC host

Apr 8, 6:59 AM (ET)

By ROB GILLIES
Roubini Global Economics - In this economic turbulence, we are your trusted source for information
www.rgemonitor.com

more: http://apnews.myway.com/article/20090408/D97E86U80.html


TORONTO (AP) - CNBC's Jim Cramer has another feud on his hands.

Just weeks after "The Daily Show" host Jon Stewart took Cramer to task for trying to turn finance reporting into a "game," famous bear economist Nouriel Roubini criticized Cramer on Tuesday for predicting bull markets.

"Cramer is a buffoon," said Roubini, a New York University economics professor often called Dr. Doom. "He was one of those who called six times in a row for this bear market rally to be a bull market rally and he got it wrong. And after all this mess and Jon Stewart he should just shut up because he has no shame."

Cramer recently wrote in a blog that Roubini is "intoxicated" with his own "prescience and vision" and said Roubini should realize that things are better since the stock market's recent bottom in early March.
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ingac70 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-08-09 11:29 AM
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1. Cramer called a market bottom in March?
Shit.... things will only get worse.
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-08-09 12:56 PM
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2. My question is: why hasn't Cramer been indicted
He's admitted illegal behavior on national television- and essentially called the agencies that enforce the laws "clueless."
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