'https' : 'http') + '://pix.nbcuni.com/a-pii.gif?X=piiblock&S=' + mps.pagevars.instance + '&P=' + mps.pagevars.mpsid + '&A=' + i + '&U=' + encodeURIComponent(window.location.href) + '&_=' + window._mpspixZ; var script = document.createElement("script"); Release year: 2013. const url = `${window.location.pathname}${window.location.search}`; 'cag[type_franchise]' : 'Economy|The Fed|World Economy|Credit|Housing|Stock Picks|Mad Money|stocks' , if (cEnd === -1) { mps._urlContainsEmail = function() { const oneTrustCookie = getOneTrustCookie(); 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. The two-hour broadcast deftly . http://www.youtube.com/ Watch CNBC and our 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. " var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; Sunday, February 15th 9p ET !e;this.xhrGuids&&!this.xhrGuids[n]&&(this.xhrGuids[n]=!0,this.totalCbs+=1)}),f.on("xhr-load-removed",function(t,e){var n=""+p(t)+! const OneTrustCategories = { STORAGE: 6, Cramer interviewed David Faber, host of the program, to find out what the show is all about. By TAN SRI LIN SEE-YAN : } }); d.setTime(d.getTime() + 60 * 60 * 24 * 30 * 1000); In 2004, in the midst of the housing boom, President George Bush had a chance to do a little bragging in his State of the Union Address. Multiple concurrent streams and HD content may require higher bandwidth. } Faber speaks with Former Federal Reserve Chairman Alan Greenspan who defends decisions he made that critics say laid the groundwork for the crisis. Go behind-the-scenes at the crown jewel of horse racing, the Kentucky Derby at Churchill Downs, for an inside look at the multi-billion dollar industry. Programming subject to regional availability, blackouts, and device restrictions. "true" : "false") + "; expires=" + d.toUTCString() + "; path=/"; mps._queue = mps._queue || {}; }); if (isOneTrustAnyBlocked()) { Streaming content may count against your data usage. } else { 'is_content' : '1' , The Denver Post return false; But I do care about fixing the Mortgage Mess -- and getting it Right this time. Sign up for free newsletters and get more CNBC delivered to your inbox. A feud starts between Francis and Marty Spinella. return _regex.test(_qs); } (function() { if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') { mps._queue.mpsinit = mps._queue.mpsinit || []; Tomorrow (Thurs Feb 12), the CNBC Original "House of Cards" will premiere at 8p ET / 9p PT on CNBC. Find the Credit Card for You. } } if (isOneTrustAnyBlocked()) { Wrexham, the Welsh soccer club owned by Hollywood A-listers Ryan Reynolds and Rob McElhenney, secured promotion back to the English Football League (EFL) system for the first time in 15 years. mps.__timer = Date.now ? } And it became extremely popular.. })(); It gives a presentation of the basic percepts which led to the occurrence of the current crisis of the program. return Object.values(OneTrustCategories).filter((c) => blockedCategories.includes(c)).length > 0; const EEA_REGION_COUNTRY_CODES = ['AT', 'BE', 'BG', 'HR', 'CY', 'CZ', 'DK', 'EE', 'FI', 'FR', 'DE', 'GR', 'HU', 'IS', 'IE', 'IT', 'LV', 'LI', 'LT', 'LU', 'MT', 'NL', 'NO', 'PL', 'PT', 'RO', 'SK', 'SI', 'ES', 'SE', 'CH', 'TR', 'GB']; CNBC_Comscore = 'CNBC_TV'; head.insertBefore(mpsload, head.firstChild) {key:e[2],parent:a(e[1],window)}:{key:t,parent:window}}var c=t("ee").get("jsonp"),f=t(24)(c);if(e.exports=c,o()){var u=/[?&](?:callback|cb)=([^&#]+)/,d=/(.*)\.([^.]+)/,p=/^(\w+)(\.|$)(. } And beyond the villains, find out who the heroes were as this crisis unfolded. William Cohan. madcap@cnbc.com. This content was created by a Daily Kos Community member. CNBC presents a definitive look at the life, career and impact of the most important central banker of modern times. Your recently viewed items and featured recommendations. David Faber is excellent in providing a clear path thru the complex perfect storm of events that nearly destroyed our financial system. By Joanne Ostrow Best 0% APR Credit Cards. 'https' : 'http') + '://pix.nbcuni.com/a-pii.gif?X=piiblock&S=' + mps.pagevars.instance + '&P=' + mps.pagevars.mpsid + '&A=' + i + '&U=' + encodeURIComponent(window.location.href) + '&_=' + window._mpspixZ; The program opens with this text quote: Faber follows the story from mortgage broker to homeowner, brokers to ratings agencies and all the way to former Federal Reserve Chairman Alan Greenspan. cStart = cStart + name.length + 1; } James Segelstein is senior producer. Two-hour Documentary Reported by CNBC's David Faber Premieres on CNBC on Thursday, February 12th at 8PM & 12AM ET ENGLEWOOD CLIFFS, N.J., January 27, 2009 - It's the defining story of our time . 'title' : 'Watch CNBC’s ‘House of Cards’ Thursday Night' , mps._queue.adview = mps._queue.adview || []; const name = ONE_TRUST_COOKIE_NAME; const url = `${window.location.pathname}${window.location.search}`; Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/. : http://www.denverpost.com/ Countries that "invested" in this Toxic creations of Wall Street (CDO, CMO, CDS) are taking notice too: Mystique of global crisis unravelled CNBC Originals are the best of the best in non-fiction feature programming, focusing on the business community's biggest stories. var slotid = "mps-getad-" + adunit.replace(/\W/g, ""); Best Travel Credit Cards. }); On Thursday, February 12th at 8PM & 12AM ET, CNBC presents "House of Cards," an original CNBC documentary reported by award-winning correspondent David Faber. The mantra on Wall Street was that home prices nationwide had not gone down in a single year since the great depression. Trailer: Get to Work. mps.__intcode = "v2"; Russo goes into depression about the job losses at the shipyards. if (cEnd === -1) { You'll see the sport's greatest successes, biggest misses and the resulting challenges and how even in this tough economy, Thoroughbreds are big business. mps._urlContainsEmail = function() { At once infuriating and wise, "House of Cards" uses a balanced, clear-eyed approach to chronicle a tale of greed and deception unprecedented in American history. CNBC correspondent David Faber investigates the origins of the global economic crisis, with first person accounts from home buyers, mortgage brokers, investment bankers and investors most of whom let greed blind them, leading to the greatest financial collapse since the Great Depression. Sign up for free newsletters and get more CNBC delivered to your inbox. } const ONE_TRUST_COOKIE_NAME = 'OptanonConsent'; script.setAttribute("src", "//www.npttech.com/advertising.js"); STRICTLY_NECESSARY: 1, Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates, Learn more how customers reviews work on Amazon. if (document.cookie.length > 0) { January 25, 2008 / 12:51 PM / CBS. It was music to the ears of Wall Street bankers like Michael Francis. Emmy Award Winner: Outstanding Documentary. Watch on 2 different screens at the same time. 'cag[template]' : 'story_simple' , Most new episodes the day after they air. if (!mps._ext || !mps._ext.loaded) { It's the defining story of our time.how the American dream became a nightmare. 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 Americans are facing the most crushing economic crisis since the Great Depression. Plus, a media coach reveals the moneymaking secrets of how to get on "The Oprah Winfrey Show.". const COOKIE_REGEX = /groups=([^&]*)/; Houses of Cards, a CNBC original documentary about the credit crisis, premieres Thursday night at 8 PM and midnight ET. el.parentNode.insertBefore(s, el); mpsload.id = "mps-load"; With Kevin Spacey, Robin Wright, Kate Mara, Michael Kelly. .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); }).catch(() => {}); } Unfortunately the presentation was biased beyond belief blaming the whole collapse of the mortgage system on George W. Bush. cEnd = document.cookie.length; Trailer: Gray Area. SOCIAL_MEDIA: 8 'cag[type_creator]' : 'Tom Brennan' , (function() { } Discuss in detail who is most responsible and why? .split(',') }, mpsopts = { We want to hear from you. (function(){ } }).catch(() => {}); } Please rank them in order from most responsible to least responsible. As a viewer I learned a lot about the subprime mortgage industry and the birth of CDO's from this film. window._mpspixZ = (function(a){var b="abcdefghiklmnopqrstuvwxyz".split("");a||(a=Math.floor(Math.random()*b.length));for(var c="",d=0;d
Cshl Hockey Standings,
Hayes Brothers Funeral Home Glasgow, Ky Obituaries,
Katie Greifeld Husband,
Articles H