Roubini-Cramer: Two of the Financial World’s Biggest Egos Against Each Other

A tense feud has broken out between the outspoken tele­vision stockpicker Jim Cramer and the notoriously gloomy economist Nouriel Roubini.

Roubini, a New York University professor who famously forecast a dire world recession as far back as 2006, has taken exception to remarks on a blog by Cramer that he is “intoxicated” with his own “prescience and vision” and is refusing to see green shoots of recovery in the financial markets.

“Cramer is a buffoon,” said Roubini. “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.”
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The confrontation pits two of the financial world’s biggest egos against each other.
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“After all this mess and Jon Stewart, he should just shut up because he has no shame,” Roubini said.
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But Cramer has continued to attack… recently referring to Roubini and the Nobel prize-winning economist Paul Krugman as part of a “nationalisation jihad” for their advocacy of public intervention in the financial sector. [via guardian]

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