Having finished tangling with Jon Stewart, Jim Cramer is facing another critic in noted economist Nouriel Roubini. Roubini, a.k.a. Dr. Doom, made the following comments about Cramer at the "A Night with the Bears" event in Toronto event:
"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."
Jim Cramer, having no fear of a fight, gently responded back in this CNBC interview:
“Well we got that guy Nouriel Roubini, and he attacked me today, which I regard as a great badge of honor. As all my attackers, I always welcome you on Mad Money.”
Now if Jim Cramer could bring Nouriel Roubini on Mad Money for the business news equivalent of a good old fashioned steel-cage match, CNBC would be sitting on ratings gold. However, after Cramer essentially let Jon Stewart bully him around on air, the CNBC brass likely doesn’t want to risk any bad press for their biggest star. Roubini has a lot more credibility in the economic/financial world than Jon Stewart, so his criticism carries a hell of a lot more weight.
Keep your eyes and ears peeled, because this rivalry is just getting started.