Got a confidential news tip? if (typeof(window._mpspixZ) != 'string') { The documentary house of cards highlights on how the program which at once seemed wise and infuriating was indeed a tale of deception and greed which was unprecedented in the history of America. Number of permitted concurrent streams will vary based on the terms of your subscription. } By Joanne Ostrow const blockedCategories = decodeURIComponent(matches[1]) The program opens with this text quote: if(typeof document.getElementsByTagName('meta')['tp:PreferredRuntimes'] === 'object') { STORAGE: 6, Reported by Scott Wapner. mps._adsheld = []; if (!matches) { Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates, Learn more how customers reviews work on Amazon. It also analyzed reviews to verify trustworthiness. It is as if he just stood by when he found out all these banks were making bogus deals with consumers buying homes they could not afford. head.insertBefore(mpsload, head.firstChild) } if (!mps._ext || !mps._ext.loaded) { Two-hour Documentary Reported by CNBC's David Faber Premieres on CNBC on Thursday, February 12th at 8PM & 12AM ET ENGLEWOOD CLIFFS, N.J., January 27, 2009 - It's the defining story of our time . head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); See the firsthand account of how this happened. This documentary highlights the plight of America during the Housing Boom. : Please rank them in order from most responsible to least responsible. } } // execute James Segelstein is senior producer. Stay current with additional news, entertainment, and lifestyle programming from American Heroes Channel, BET Her, Boomerang, CNBC World, Cooking Channel, Crime + Investigation, Destination America, Discovery Family, Discovery Life, Magnolia Network, Military History Channel, MTV2, MTV Classic, Nick Toons,Science, and Teen Nick. Best Cash Back . The Definitive Look At The Origins Of Today's Global Economic Crisis. Sign up for free newsletters and get more CNBC delivered to your inbox. Compatible device and high-speed, broadband Internet connection required. Unfortunately the presentation was biased beyond belief blaming the whole collapse of the mortgage system on George W. Bush. Chronicles the sub-prime mortgage lending debacle in America on Wall Street, which affected global economies as well and let America into a recession. Streaming content may count against your data usage. Best Credit Cards. Reviewed in the United States on March 7, 2015. } return true; head.insertBefore(mpsload, head.firstChild) QUESTION 1 Please provide a summary of the | Chegg.com mps._queue.gptloaded.push(function() { Over 30 Minutes of Bonus Material Including: Greenspan on Wall Street's Failings Mortgage Lender on the Perfect Storm How a Hedge Fund Profited While Others Lost FDIC Chairman on Risky Assets & Practices. Please try again. (function(){ script.setAttribute("onerror", "setAdblockerCookie(true);"); document.getElementsByTagName('meta')['tp:PreferredRuntimes'].setAttribute("content", "flash,html5"); Pricing, channels, features, content, and compatible devices subject to change. Those homebuyers would have the option to pay only part of the interest they owed each month. Mitch Weitzner is the Executive Producer of CNBC's Long Form Unit. ), Watch CNBC's "House of Cards" -- to understand the problem, Ways to get involved in the upcoming elections. Cramer interviewed David Faber, host of the program, to find out what . Find the Credit Card for You. 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Number of discs : 1. The documentary is decent but it could have used a broader range. } Run time : 1 hour and 30 minutes. console.log('PUB-GDPR-CHECK all blocked. We want to hear from you. All Credit Cards. Watch House of Cards | Netflix Official Site 18+ only. function getOneTrustCookie() { The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. if(typeof window.MediaSource !== 'function') { Betrayed by the White House, Congressman Frank Underwood embarks on a ruthless rise . Reddit and its partners use cookies and similar technologies to provide you with a better experience. CNBC's Tania Bryer sits down with world renowned director, producer and screenwriter Oliver Stone, and professor of international relations, Joshua Goldstein, to discuss their new documentary . mps._urlContainsEmail = function() { The documentary uses a clear-eyed and . See the $150-billion dollar industry hiding in plain sight. Amazon.com: House Of Cards : David Faber, David Faber: Movies & TV return ''; Tim Dennin, attorney for several scammed investors, describes how Mark Hotton moved money between accounts. Subscribe to CNBC Prime: http://cnb.cx/ytAbout C. 'cag[type_creator]' : 'David Faber' , They are on record literally laughing at economists who were calling the crisis just weeks before doing a complete 180 and now they only talk about the end of the world etc. mps._queue.adload = mps._queue.adload || []; 'cag[template]' : 'story' , CNBC Originals are "must see TV" for the viewer enamoured by such iconic businesses and events as Budweiser, McDonald's, Nike, Wal-Mart, America's pot industry, the stock market crash of '87 and how today's economic House of Cards began to tumble. "CNBC Documentaries" House of Cards (TV Episode 2009) - IMDb : CNBC_Comscore = 'CNBC_feeds'; mps.cloneAd = function() { return false; } //begin OneTrust Redirect .filter(categoryPreference => !categoryPreference.includes('0_') && categoryPreference.includes(':0')) Faber follows the story from mortgage broker to homeowner, brokers to ratings agencies and all the way to former Federal Reserve Chairman Alan Greenspan. if (typeof mps.getAd != "function") mps.getAd = function(adunit) { Would recommend everyone spend the time to view this. See here for the latest updates. var script = document.createElement("script"); They didn't go in to the government involvement as much as I would like.Barney Frank and his policies did more to destroy the financial lives of more people than any loan company or S&L combined. Brief content visible, double tap to read full content. Most of what preceded the credit meltdown, which started in September 2007, happened under his watch, and in Fabers interview, Greenspan admits that even he couldnt explain collateralized debt obligations and he had a couple of hundred Ph.D.s on staff. David Faber - CNBC Anchor and Reporter, does an excellent job of interviewing "real people" at every stage of this "profit-driven" food chain, so that we get a real feel for the extent and nature of this Global Economic Meltdown: House of Cards } if (mps._urlContainsEmail()) { "CNBC Documentaries" House of Cards (TV Episode 2009) - Full Cast After months of apparent reluctance to engage with Kyiv on the same level . head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); document.cookie = "__adblocker=" + (adblocker ? })(); House of Cards TV Review - The Hollywood Reporter 2023 CNBC LLC. function isEEARegionCheck() { mpsload.id = "mps-load"; By TAN SRI LIN SEE-YAN }; Ryan Reynolds and Rob McElhenney's Wrexham wins promotion document.getElementsByTagName("head")[0].appendChild(script); Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower, CNBC ORIGINAL DOCUMENTARY "HOUSE OF CARDS" UNCOVERS THE REASONS BEHIND THE GREATEST FINANCIAL COLLAPSE SINCE THE GREAT DEPRESSION. 'hline' : 'Mad Money' , House of Cards: Season 1 (Recap) Trailer: Lift the Veil. Full content visible, double tap to read brief content. I caught the second half the this investigative documentary last nite on CNBC, and I finally "see the Big Picture" of how we got in the Mortgage and Banking Mess that we are in right now. Jill Landes is co-producer. Oliver Stone and Joshua Goldstein on their documentary 'Nuclear Now' mps._queue.mpsinit = mps._queue.mpsinit || []; 'adunits' : 'Top Banner|Badge A|Badge B|Badge C|Badge D|Flex Ad First|Box Ad 1|Non Iframe Custom|Inline Custom|Movable Box Ad|Responsive Rectangle' , An upcoming CNBC documentary investigates the origins of the global economic crisis and calls Orange County the birthplace of the sub-prime mortgage. The most famous name on Wall Street is now the subject of both professional admiration and public scorn. mpsload.id = "mps-load"; }); CNBC_Comscore = 'CNBC_TV'; } Cramer interviewed David Faber, host of the program, to find out what the show is all about. : } Sunday, March 1st Midnight ET Houses of Cards, a CNBC original documentary about the credit crisis, premieres Thursday night at 8 PM and midnight ET. Americans are facing the most crushing economic crisis since the Great Depression. d.setTime(d.getTime() + 60 * 60 * 24 * 30 * 1000); } .filter(categoryPreference => !categoryPreference.includes('0_') && categoryPreference.includes(':0')) And it became extremely popular.. if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') { var dynamic_yield_enabled = 1 < Click Essay Writer to order your essay > In 2004, George W. Bush announced that the economy was growing exponentially and thus was the housing market. (Francis asked CNBC not to disclose his employer's name.). if (cStart !== -1) { Cookie Notice .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); const matches = oneTrustCookie.match(COOKIE_REGEX); House Of Cards financial crisis Analysis - Bomb Essays Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 'Hotton's House of Cards' (Exclusive Clip) | American Greed | CNBC document.addEventListener("DOMContentLoaded", function(event) { 'cat' : 'CNBC TV|Mad Money' , 'cag[configuration_franchise]' : 'CNBC: News Releases' , 'is_sponsored' : '0' , var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; "Houses of Cards," a CNBC original documentary about the credit crisis, premieres Thursday night at 8 PM and midnight ET. But I do care about fixing the Mortgage Mess -- and getting it Right this time. The unfortunate thing that grew out of that was a program that was a very inappropriate loan program for a lot of people that took it," he said. " The presentation clearly showed the pro-Democrat bias of CBS and 60 Minutes. }; For more information including web extras and extended video clips, log onto originals.cnbc.com.About CNBC:CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. VC firms form $62.3 billion climate tech alliance backed by UN House Of Cards: The Final Moments At Bear Stearns January 25, 2008 / 12:51 PM / CBS. , Director } Please note that the Shop Hulu site is owned and operated by Snowcommerce. It is their words and experiences not those of pundits or commentators . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. David Faber is excellent in providing a clear path thru the complex perfect storm of events that nearly destroyed our financial system. //end OneTrust Redirect Best Sellers Rank: #203,297 in Movies & TV ( See Top 100 in Movies & TV) #10,509 in Documentary (Movies & TV) var foresee_enabled = 1 After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. mps._adsheld.push(adunit) Russo goes into depression about the job losses at the shipyards. script.setAttribute("onload", "setAdblockerCookie(false);"); , Media Format Faber introduces viewers to mortgage lenders like Daniel Sadek who drastically reduced borrowers' credit requirements and raked in personal profits of $5 million a month. This story was originally broadcast on Jan. 27, 2008. mpsload.src = "//" + mpsopts.host + "/fetch/ext/load-" + mpscall.site + ".js?nowrite=2"; Got a confidential news tip? CNBC is a crock. Exploring just how far the effect of the credit crisis extended, Faber travels to Narvik, Norway, a town far above the Arctic Circle that was convinced it could solve its budget problems by investing in Wall Street's wares. Oliver Stone and Joshua Goldstein on why governments are hesitant to Redirecting. var dynamic_yield_enabled = 1 Monday, February 16th 8p | 12a ET const url = `${window.location.pathname}${window.location.search}`; //end OneTrust Redirect var setAdblockerCookie = function(adblocker) { , Number of discs Banker Michael Francis tells Faber that no matter how risky the package, during the peak of the lending frenzy any mortgage-backed security could find a home on Wall Street. 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In this CNBC Original, correspondent Carl Quintanilla takes you inside the ''West Point of capitalism'' as it commemorates its centennial. "Kos" and "Daily Kos" are registered trademarks of Kos Media, LLC. const name = ONE_TRUST_COOKIE_NAME; Multiple concurrent streams and HD content may require higher bandwidth. Watch CNBC's "House of Cards" -- to understand the problem - Daily Kos
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