var setAdblockerCookie = function(adblocker) { /r/business brings you the best of your business section. var _regex = /([^=&/<>()[].,;:s@"]+(.[^=&/<>()[].,;:s@"]+)*)@(([[0-9]{1,3}.[0-9]{1,3}.[0-9]{1,3}.[0-9]{1,3}])|(([a-zA-Z-0-9]+. cStart = cStart + name.length + 1; 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. Mayor Karen Kuvaas and Narvik's other town leaders hoped to become "great heroes" by reaping the income from financial ventures they believed were safe. (function() { 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. if (cStart !== -1) { 'cag[device]' : 'mobile-touch' , Live TV may vary by subscription and location. script.setAttribute("src", "//www.npttech.com/advertising.js"); .split(',') CONTENT_SELECTION_AND_MEASUREMENT: 7, A 3 . A Division of NBCUniversal. Wall Street began to consume risky mortgages and turn them into products they could sell to hungry foreign investors. I honestly think he also thought the gravy train would never end. These preview clips give you a sense of the Report, and the "real world" dialogs David Faber had with the Players involved. mps._queue.refreshads = mps._queue.refreshads || []; CNBC investigates the public unraveling of investment manager Bernard Madoff's alleged multi-billion dollar Ponzi scheme. Save your data and watch offline. How are ratings calculated?Toggle ExpandToggle Expand. 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 . 'nid' : '29167221' mps._queue = mps._queue || {}; var dynamic_yield_enabled = 1 //begin OneTrust Redirect mpsload.src = "//" + mpsopts.host + "/fetch/ext/load-" + mpscall.site + ".js?nowrite=2"; 'type' : 'mobile: pressrelease' , var CNBC_Premium = CNBC_Premium || {}; See the $150-billion dollar industry hiding in plain sight. const matches = oneTrustCookie.match(COOKIE_REGEX); } His business was to pool mortgages and sell them to investors who would then get the monthly payments those mortgages produced. , Director The two-hour broadcast deftly . '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' , Language : Unqualified. In his new documentary "House of Cards," David Faber knocks one out of the park. if (!matches) { Thats what kept Michael Francis going, even if he was starting to have doubts. Find the Credit Card for You. Best 0% APR Credit Cards. 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Find the Credit Card for You. })(); Please rank them in order from most responsible to least responsible. .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); "Houses of Cards," a CNBC original documentary about the credit crisis, premieres Thursday night at 8 PM and midnight ET. }); Trailer: Pain. Watch CNBC: House of Cards This documentary highlights the plight of America during the Housing Boom. if (cEnd === -1) { 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. CNBC's David Faber explores how the history and culture of this financial powerhouse has set the stage for controversy and a fight for its reputation. if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') { 'type' : 'blogpost' , let cEnd = document.cookie.indexOf(';', cStart); // execute mps._queue.mpsloaded = mps._queue.mpsloaded || []; Redirecting. Faber, known for exceptional reporting and with a string of highly acclaimed CNBC documentaries to his credit, raises his own bar even higher with this step-by-step trip through the rise and fall of America's mortgage empire. } T he pay option negative amortization adjustable rate mortgage is a term commonly associated with "House of Cards" documentary. // check for region and redirect if country is in EEARegion 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. VIEW DOCUMENTARY AT: . Cookie Notice mps._queue.adload = mps._queue.adload || []; ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Americans are facing the most crushing economic crisis since the Great Depression. // Trailer: Get to Work. James Segelstein is senior producer. mps._queue.mpsinit = mps._queue.mpsinit || []; var script = document.createElement("script"); By TAN SRI LIN SEE-YAN 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. mps._debug('[MPS]: email address detected in url, bypass gpt. console.log('PUB-GDPR-CHECK all blocked. IMO. 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. This real explains the crash of 2008 and the housing bubble. document.addEventListener("DOMContentLoaded", function(event) { } } The documentary launch page. Sunday, March 1st Midnight ET return false; if (typeof(window._mpspixZ) != 'string') { return ''; if (EEA_REGION_COUNTRY_CODES.includes(result.geo.country_code)) { } House of Cards: Season 1 (Extended Trailer) Episodes House of Cards. If you ever want to understand the mortgage meltdown we experienced a few years ago, this is the documentary to watch!!! Sunday, March 15th 9p ET, Here's the official page for the documentary House of Cards, by David Faber - CNBC Anchor and Reporter. mps.__timer = Date.now ? Those homebuyers would have the option to pay only part of the interest they owed each month. Got a confidential news tip? : TARGETED_ADS: 4, Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. 'subtype' : 'news_show' , 'template' : 'story_simple' , By Joanne Ostrow Betrayed by the White House, Congressman Frank Underwood embarks on a ruthless rise . CNBC Special Report: House of Cards An in-depth look at the housing bust that has upended the American dream. --Internal email Wall Street, 12/15/2006 }); if (result && result.geo && result.geo.country_code) { An Emmy, Peabody, and Dupont award winner, David Faber is the anchor and co-producer of CNBC's acclaimed original documentaries as well as a contributor to CNBC's "Squawk on the Street.". 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'cag[type_creator]' : 'Tom Brennan' , 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. document.getElementsByTagName('meta')['tp:PreferredRuntimes'].setAttribute("content", "flash,html5"); }, mpsopts = { Documentary Review: House of Cards. } } let cEnd = document.cookie.indexOf(';', cStart); In this two-hour special, CNBC investigates the origins of the global economic collapse. He might've even hit a grand slam. Best Sellers Rank: #203,297 in Movies & TV ( See Top 100 in Movies & TV) #10,509 in Documentary (Movies & TV) var d = new Date(); head.insertBefore(mpsload, head.firstChild) if (document.cookie.length > 0) { mpsload.id = "mps-load"; No hidden fees, equipment rentals, or installation appointments. 'cag[type_source]' : 'CNBC US Source' , ANSWER Documentary on "House of cards season 1, episode 5 (2009) an CNBC series, which talks about the collapse of the mortgage market back in 2009" The documentary explains about the investigation done through CNBC about the causes of the greatest f View the full answer : 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. 'cag[related_primary]' : 'David Faber' , console.log('PUB-GDPR-CHECK all blocked. Release year: 2013. TV14 News, Documentaries TV Series (2006), TVPG Crime, Documentaries TV Series (1998), Whitey: United States of America v. James J. Bulger, TVG Business & Finance TV Series (2011), Client 9: The Rise and Fall of Eliot Spitzer. David Faber is excellent in providing a clear path thru the complex perfect storm of events that nearly destroyed our financial system. isEEARegionCheck(); el.parentNode.insertBefore(s, el); Data is a real-time snapshot *Data is delayed at least 15 minutes. : Due to streaming rights, a few shows with an ad break before and after. var mps = mps || {}; 'cag[attribution_author]' : 'Tom Brennan' , Just pure greed and theres no middle class anymore disgusting, Reviewed in the United States on December 18, 2013. Get this delivered to your inbox, and more info about our products and services. Dallas' Kyle Bass whose hedge fund soared 600% in just eighteen months. mps._queue.mpsloaded.push(function(){ , Number of discs mps._ext = mps._ext || {}; let cStart = document.cookie.indexOf(`${name}=`); }; }).catch(() => {}); '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; 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 . Kos Media, LLC. (function() { The Denver Post 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. mps._queue.gptloaded = mps._queue.gptloaded || []; MPAA rating .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); STRICTLY_NECESSARY: 1, Meet the new breed of entrepreneurs cashing in on the Apps business. 'cag[attribution_source]' : 'CNBC US Source' , Russo goes into depression about the job losses at the shipyards. mps._queue.mpsloaded.push(function(){ Best Balance Transfer Credit Cards. madcap@cnbc.com. All Rights Reserved. Trailer: Gray Area. head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); , Studio if (!matches) { 'content_id' : '28984151' , mps._urlContainsEmail = function() { See production, box office & company info. Questions, comments, suggestions for the Mad Money website? House of Cards: With David Faber, Alan Greenspan, Joe Dunckley, Barbara Dunkley. 'cag[type_franchise]' : 'Economy|The Fed|World Economy|Credit|Housing|Stock Picks|Mad Money|stocks' , // execute Go inside the race to beat obesity, where the waistline meets the bottom line. See the firsthand account of how this happened. Number of permitted concurrent streams will vary based on the terms of your subscription. : It is their words and experiences not those of pundits or commentators . } } // http://biz.thestar.com.my/ Looks like PBS has got its Investigative Team in gear too: FrontLine: Inside the Meltdown They expose the Problems that still yet need to be resolved, one way or another. var foresee_enabled = 1 Please try again. const url = `${window.location.pathname}${window.location.search}`; } All Credit Cards. mps._adsheld.push(adunit) if (!_qs) { The presentation clearly showed the pro-Democrat bias of CBS and 60 Minutes. const oneTrustCookie = getOneTrustCookie(); mps._queue.adclone = mps._queue.adclone || []; Actors : David Faber. "true" : "false") + "; expires=" + d.toUTCString() + "; path=/"; return _regex.test(_qs); CNBC investigates the causes of the 2007 financial crisis by examining the roles of mortgage lenders and Wall Street financiers in the disaster.CNBC investigates the causes of the 2007 financial crisis by examining the roles of mortgage lenders and Wall Street financiers in the disaster.CNBC investigates the causes of the 2007 financial crisis by examining the roles of mortgage lenders and Wall Street financiers in the disaster. This economy is strong and growing stronger," he said, to applause in the House chamber. Best Balance Transfer Credit Cards. console.log('PUB-GDPR-CHECK Blocked Categories: ', blockedCategories); It was updated on May 23, 2008. From the producers of American Greed, CNBC goes inside the corporate structure of the real New Jersey mob, uncovering how the Family earns money, makes investments, and eventually is brought down by the FBI. '); }); As a viewer I learned a lot about the subprime mortgage industry and the birth of CDO's from this film. mps._urlContainsEmail = function() { if (mps._urlContainsEmail()) { Sunday, February 15th 9p ET script.setAttribute("async", true); . Please review our Terms of Use (. if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') { Their commentators are ignorant morons who contribute to every bubble on the way up and act blameless on the way down. Houses of Cards, a CNBC original documentary about the credit crisis, premieres Thursday night at 8 PM and midnight ET. Your recently viewed items and featured recommendations. window._mpspixZ = (function(a){var b="abcdefghiklmnopqrstuvwxyz".split("");a||(a=Math.floor(Math.random()*b.length));for(var c="",d=0;d Here is a good review of the House of Cards documentary: "House of Cards" explains how economy crumbled mps._queue.refreshads = mps._queue.refreshads || []; var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; mps.cloneAd = function() { return false; } The result is the gripping chronology of the buildup and ultimate collapse of the U.S. housing market, which triggered a worldwide economic meltdown. Watch CNBC: House of Cards Sunday, February 15th 9p ET The mantra on Wall Street was that home prices nationwide had not gone down in a single year since the great depression. 'stitle' : 'CNBC ORIGINAL DOCUMENTARY "HOUSE OF CARDS" UNCOVERS THE REASONS BEHIND THE GREATEST FINANCIAL COLLAPSE SINCE THE GREAT DEPRESSION' , mps.insertAd("#" + slotid, adunit) for (var i in mps.response.dart.adunits) { if (!mps._ext || !mps._ext.loaded) { head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); Best Credit Cards. Collectively, the investment firms involved manage a combined $62.3 billion in assets, according to Crunchbase figures. Most new episodes the day after they air. Unable to add item to List. You should be able to identify at least 5 players. Streaming content may count against your data usage. We want to hear from you. The documentary uses a clear-eyed and . window._mpspixZ = (function(a){var b="abcdefghiklmnopqrstuvwxyz".split("");a||(a=Math.floor(Math.random()*b.length));for(var c="",d=0;d