Read that again. You begin by saying you didn’t attack him as a person, and then you follow it up two sentences later by remarking on him “partying with NYU students?”

For the record, in the spirit of giving you the benefit of the doubt, Mr. Hoffman, I checked your website. Let me just point out to you that use of the “s” word doesn’t make you “edgy” in the world of finance. It just makes you crass.

Lots of us who read Prieur’s website also read some of the others you mention as being “approved” from your point of view, such as Mauldin and Whalen. Would it surprise you to know that those two men don’t share your opinion of Mr. Roubini?

I can’t imagine that Prieur shares your opinion. I wish, Prieur, that you would speak up here and clear the air.

If you say Roubini does not hold himself out as a prognosticator, you have not watched his video clips. There are hundreds. Watch them. He is asked for his outlook almost EVERY TIME. They have been horribly wrong. It’s that simple. Prove me wrong. You can’t. I spent 3 months collaborating with others and reading/watching all Roubini’s stuff. It’s called journalism and fact-checking.

In the face of facts, there are simply hordes of people who would prefer to continue believing otherwise. That video is not a hatchet job or a knife in Roubini’s back. It is a public criticism of Roubini’s awful work. There are a lot of much better people out there. And there are also a lot of people who email and ask me whether they should follow Roubini’s advice. The facts say, “No.”

If you want GOOD advice on banks and the economy, read Chris Whalen and Josh Rosner. Read Prieur du Plessis. If you like a good orator whose academic works did not pan out in reality, keep paying attention to Roubini. Life is short …

Also, 80% of the people who watched the video liked it. I have received “Bravo” emails from all over the world from people who watch Roubini closely and were happy to see someone bring this to the attention of more people. If you work for Roubini, subscribe to his website, or enjoy listening to him, I am sorry you did not like it. You are squarely in the minority.

For the record, that project was an open-source collaboration. It included contributions from financial professionals in the C-Suite at top banks, central bankers, and some of the BEST analysts on Wall Street. The Bibliography is posted with links. So are ALL of Roubini’s papers. Read them. People who are good at what they do are sick of seeing Roubini get credit for nothing.

The goal of the video is to help people who see Roubini on TV and invest based on his horrendous trackrecord. Roubini is nothing more than the bear version of Jim Cramer. When I did an expose on Cramer, the hate mail was sharp. But the facts are the facts. There is not a single thing in that video which is not cited. They are all Roubini’s calls and opinions — not mine.

I did not once attack Roubini as a person. I attacked his awful work. There is a huge difference. I didn’t use pictures of him partying with NYU students at his flat during the height of his celebrity. That’s his business. I didn’t discuss his firm’s boost in revenues or whether he’s a bad person. In fact, he is a nice guy. But Jim Cramer is nice too. Doesn’t make him a good economist (and, yes, Roubini gives investment advice and outlooks). It also scares me that Roubini is influencing public policy and Obama’s cabinet.

Prieur does a service for people who want scientific facts. Some will never listen because they’ve already made up their minds. Others will preserve capital. For them, Prieur is doing his job as a journalist.

Lastly, if you want to read about the people who deserve your attention on Wall Street, learn something about Josh Rosner and Chris Whalen. Those are the real prophets …

The other issue is how does his record compare to other economists? He could still have a lousy prediction record and be best of the bunch.

Not a useful post.

The shape of things changed because the authorities took notice finally and acted.

The guy who is obviously eaten up inside by Roubini’s success is clearly just jealous. Not an edifying sight.