Wednesday, April 08, 2009

"Cramer is a buffoon" - Roubini

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 bottom in March.

"Cramer is a buffoon," said Roubini.

SHOOT: I remember watching Cramer at a hotel in Seoul and thinking that he was all hype and hysteria. You can't spin economics like that - it's not a sales pitch. Or you can, but the markets will eventually laugh at you along with everybody else. Cramer should know better and MSNBC even more. Fire him.
clipped from news.yahoo.com
Jon Stewart Tears Into Jim Cramer

TORONTO – 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."

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