Roubini: Some People-- CNBC-- Have Taken My Statements Out Of Context

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And now they have to die (pick who you'd like to lay down for the dirt nap now). Why am I getting so upset about this? Do you know how much time and effort it took me to take out a trademark on the name Dr. Doom? Production is nearly completed on a line of dolls (sorry, "action figures"), lunch boxes, and porta-potties bearing my name and mug, with plans for musk, if there's sufficient interest. It's Dr. Doom not Dr. Roses and Rim Jobs For Everybody. Infidels.

It has been widely reported today that I have stated that the recession will be over "this year" and that I have "improved" my economic outlook. Despite those reports - however - my views expressed today are no different than the views I have expressed previously. If anything my views were taken out of context.
I have said on numerous occasions that the recession would last roughly 24 months. Therefore, we are 19months into that recession. If as I predicted the recession is over by year end, it will have lasted 24 months with a recovery only beginning in 2010. Simply put I am not forecasting economic growth before year's end.

Roubini Statement on the U.S. Economic Outlook [RGE Monitor]

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UBS Broker May Have Taken Stress Of The Job Out On 70 Windows In Beverly Hills, Encino Using "Slingshot Projectiles"

This is his story. The unlikely suspect in a string of window breakings in Beverly Hills -- a 58-year-old Encino investment adviser -- may be connected to 70 additional cases in the area, authorities said. Michael Steven Poret, a broker at UBS Financial Services, was arrested in Encino last week. Police say that Poret vandalized numerous businesses along Ventura Boulevard and several private homes in Beverly Hills. A witness account and private surveillance footage have depicted the vandal as a graying man in white gloves firing marbles at plate glass windows with a slingshot from the driver's seat of his car, then driving away in no apparent hurry. Authorities believe that Poret could be connected to more than 20 vandalism incidents in Beverly Hills and more than 50 in Encino, as well as several other vandalism reports authorities have received in Van Nuys and Topanga Canyon. The vandal appears to target businesses indiscriminately, hitting coffee shops, an autism treatment center and a salon. Luie Velasquez, a detective with the West Valley division of the Los Angeles Police Department, said the police's top theory is that the suspect sought excitement. "Your guess is as good as mine," Velasquez said. "For whatever reason, these individuals get some sort of thrill from smashing windows." Poret was first arrested July 3 after a Beverly Hills patrol officer spotted a slingshot in his vehicle during a traffic stop for a vehicle code violation. A search of his vehicle revealed brass knuckles, knives and slingshot projectiles. Poret was arrested again Thursday in an early morning raid on his Encino home, where police discovered firearms, bb guns, slingshots and marbles similar to those used in the window-breakings. A very understanding victim whose windows were hit three times and cost him $7,000 to repair had this to say: "I mean, I know that an investment bankers* are a little nuts. But you know, maybe the market is that bad. I don't get that. He must be a very frustrated guy." Alleged window-smashing broker may be suspect in 70 more cases [LATimes via TRB] *All together now: broker ≠ investment banker ≠ trader ≠ bank teller