let cEnd = document.cookie.indexOf(';', cStart); By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. mps._queue.adload = mps._queue.adload || []; Best Cash Back . Reported by Scott Wapner. mps._ext = mps._ext || {}; 'cat' : 'CNBC TV|Mad Money' , if (!_qs) { 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 (document.cookie.length > 0) { HOW DID IT HAPPEN AND WHY DID THIS HOUSE OF CARDS COME TUMBLING DOWN? })(); This story was originally broadcast on Jan. 27, 2008. The Definitive Look At The Origins Of Today's Global Economic Crisis. Reviewed in the United States on April 23, 2011. this is a great dvd - I remember watching it when cnbc aired it on tv - but I never saw it again. Watch on 2 different screens at the same time. }; !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)+! 'cag[configuration_franchise]' : 'CNBC: News Releases' , STORAGE: 6, Since last summer, Americans have seen their investments shrink and their . 'cag[type_person]' : 'Alan Greenspan' , You are about to exit Hulu.com to visit the Shop Hulu site, where a different Terms of Use and Privacy Policy apply. STRICTLY_NECESSARY: 1, Date.now() : (function() { return +new Date })(); mps._queue.adclone = mps._queue.adclone || []; SOCIAL_MEDIA: 8 Faber speaks with Former Federal Reserve Chairman Alan Greenspan who defends decisions he made that critics say laid the groundwork for the crisis. 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]+. } 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']; *)$/,l=["appendChild","insertBefore","replaceChild"];f.inPlace(HTMLElement.prototype,l,"dom-"),f.inPlace(HTMLHeadElement.prototype,l,"dom-"),f.inPlace(HTMLBodyElement.prototype,l,"dom-"),c.on("dom-start",function(t){r(t[0])})}},{}],10:[function(t,e,n){var r=t("ee").get("mutation"),o=t(24)(r),i=NREUM.o.MO;e.exports=r,i&&(window.MutationObserver=function(t){return this instanceof i?new i(o(t,"fn-")):i.apply(this,arguments)},MutationObserver.prototype=i.prototype)},{}],11:[function(t,e,n){function r(t){var e=a.context(),n=s(t,"executor-",e),r=new f(n);return a.context(r).getCtx=function(){return e},a.emit("new-promise",[r,e],e),r}function o(t,e){return e}var i=t(24),a=t("ee").get("promise"),s=i(a),c=t(21),f=NREUM.o.PR;e.exports=a,f&&(window.Promise=r,["all","race"].forEach(function(t){var e=f[t];f[t]=function(n){function r(t){return function(){a.emit("propagate",[null,!o],i),o=o||!t}}var o=!1;c(n,function(e,n){Promise.resolve(n).then(r("all"===t),r(!1))});var i=e.apply(f,arguments),s=f.resolve(i);return s}}),["resolve","reject"].forEach(function(t){var e=f[t];f[t]=function(t){var n=e.apply(f,arguments);return t!==n&&a.emit("propagate",[t,!0],n),n}}),f.prototype["catch"]=function(t){return this.then(null,t)},f.prototype=Object.create(f.prototype,{constructor:{value:r}}),c(Object.getOwnPropertyNames(f),function(t,e){try{r[e]=f[e]}catch(n){}}),a.on("executor-start",function(t){t[0]=s(t[0],"resolve-",this),t[1]=s(t[1],"resolve-",this)}),a.on("executor-err",function(t,e,n){t[1](n)}),s.inPlace(f.prototype,["then"],"then-",o),a.on("then-start",function(t,e){this.promise=e,t[0]=s(t[0],"cb-",this),t[1]=s(t[1],"cb-",this)}),a.on("then-end",function(t,e,n){this.nextPromise=n;var r=this.promise;a.emit("propagate",[r,!0],n)}),a.on("cb-end",function(t,e,n){a.emit("propagate",[n,!0],this.nextPromise)}),a.on("propagate",function(t,e,n){this.getCtx&&!e||(this.getCtx=function(){if(t instanceof Promise)var e=a.context(t);return e&&e.getCtx?e.getCtx():this})}),r.toString=function(){return""+f})},{}],12:[function(t,e,n){var r=t("ee").get("raf"),o=t(24)(r),i="equestAnimationFrame";e.exports=r,o.inPlace(window,["r"+i,"mozR"+i,"webkitR"+i,"msR"+i],"raf-"),r.on("raf-start",function(t){t[0]=o(t[0],"fn-")})},{}],13:[function(t,e,n){function r(t,e,n){t[0]=a(t[0],"fn-",null,n)}function o(t,e,n){this.method=n,this.timerDuration=isNaN(t[1])?0:+t[1],t[0]=a(t[0],"fn-",this,n)}var i=t("ee").get("timer"),a=t(24)(i),s="setTimeout",c="setInterval",f="clearTimeout",u="-start",d="-";e.exports=i,a.inPlace(window,[s,"setImmediate"],s+d),a.inPlace(window,[c],c+d),a.inPlace(window,[f,"clearImmediate"],f+d),i.on(c+u,r),i.on(s+u,o)},{}],14:[function(t,e,n){function r(t,e){d.inPlace(e,["onreadystatechange"],"fn-",s)}function o(){var t=this,e=u.context(t);t.readyState>3&&!e.resolved&&(e.resolved=!0,u.emit("xhr-resolved",[],t)),d.inPlace(t,y,"fn-",s)}function i(t){g.push(t),h&&(x?x.then(a):v?v(a):(E=-E,O.data=E))}function a(){for(var t=0;t34||l<10)||window.opera||t.addEventListener("progress",function(t){e.lastSize=t.loaded},!1)}),f.on("open-xhr-start",function(t){this.params={method:t[0]},i(this,t[1]),this.metrics={}}),f.on("open-xhr-end",function(t,e){"loader_config"in NREUM&&"xpid"in NREUM.loader_config&&this.sameOrigin&&e.setRequestHeader("X-NewRelic-ID",NREUM.loader_config.xpid)}),f.on("send-xhr-start",function(t,e){var n=this.metrics,r=t[0],o=this;if(n&&r){var i=h(r);i&&(n.txSize=i)}this.startTime=a.now(),this.listener=function(t){try{"abort"===t.type&&(o.params.aborted=!0),("load"!==t.type||o.called===o.totalCbs&&(o.onloadCalled||"function"!=typeof e.onload))&&o.end(e)}catch(n){try{f.emit("internal-error",[n])}catch(r){}}};for(var s=0;s 0) { Homeownership rates (are at) the highest ever.. Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates, Learn more how customers reviews work on Amazon. } } mps._adsheld.push(adunit) "true" : "false") + "; expires=" + d.toUTCString() + "; path=/"; Here is a good review of the House of Cards documentary: "House of Cards" explains how economy crumbled console.log('PUB-GDPR-CHECK all blocked. CONTENT_SELECTION_AND_MEASUREMENT: 7, Trailer: Get to Work. )+[a-zA-Z]{2,}))/; If you ever want to understand the mortgage meltdown we experienced a few years ago, this is the documentary to watch!!! mps._ext = mps._ext || {}; return false; 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. (t&&t instanceof Function&&t.apply&&!t[a])}var o=t("ee"),i=t(22),a="nr@original",s=Object.prototype.hasOwnProperty,c=!1;e.exports=function(t,e){function n(t,e,n,o){function nrWrapper(){var r,a,s,c;try{a=this,r=i(arguments),s="function"==typeof n?n(r,a):n||{}}catch(f){p([f,"",[r,a,o],s])}u(e+"start",[r,a,o],s);try{return c=t.apply(a,r)}catch(d){throw u(e+"err",[r,a,d],s),d}finally{u(e+"end",[r,a,c],s)}}return r(t)?t:(e||(e=""),nrWrapper[a]=t,d(t,nrWrapper),nrWrapper)}function f(t,e,o,i){o||(o="");var a,s,c,f="-"===o.charAt(0);for(c=0;c res.json()).then(result => { (function(){ 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. var d = new Date(); Faber gathers the personal stories of key participants: home buyers, mortgage brokers, investment bankers and investors all of whom let greed blind them to marketplace realities. mps._queue.mpsloaded = mps._queue.mpsloaded || []; Live TV may vary by subscription and location. http://biz.thestar.com.my/ Looks like PBS has got its Investigative Team in gear too: FrontLine: Inside the Meltdown Get Hulu, Disney+, and ESPN+, all with ads, for $12.99/mo. The program opens with this text quote: 'cag[brand]' : 'none' , Emmy Award Winner: Outstanding Documentary. }; mps._adsheld.push(adunit) 'subtype' : 'section' , Lou Pacific worked for Quick Loan Funding. 'site' : 'cnbc.com-relaunch' , Run time : 1 hour and 30 minutes. if (isOneTrustAnyBlocked()) { Collectively, the investment firms involved manage a combined $62.3 billion in assets, according to Crunchbase figures. mps._log('**** LOADED: cnbc-cms-header-insert'); CNBC Special Report: House of Cards An in-depth look at the housing bust that has upended the American dream. head.insertBefore(mpsload, head.firstChild) if(typeof window.MediaSource !== 'function') { In this two-hour special, CNBC investigates the origins of the global economic collapse. In this CNBC Original, correspondent Carl Quintanilla takes you inside the ''West Point of capitalism'' as it commemorates its centennial. 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. " )+[a-zA-Z]{2,}))/; Additional terms apply. var script = document.createElement("script"); return _regex.test(_qs); CNBC is a crock. Just a short time ago it would have been inconceivable: the economy, here in the U.S. and around the world, stopped in its tracks. It's the defining story of our time.how the American dream became a nightmare. Emmy, Dupont, and Peabody Award-winning correspondent David Faber investigates the defining story of our time with inside accounts from key players, tracing the origins of the calamity from Main Street to Wall Street to Washington. .split(',') Dallas' Kyle Bass whose hedge fund soared 600% in just eighteen months. Here's a Slideshow for the documentary House of Cards Slideshow, to get a sense of the range of topics covered. 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']; Please try again. : It was updated on May 23, 2008. : mps._log('**** LOADED: Google PII Fix - cnbc-cms-header-insert'); James Segelstein is senior producer. You should be able to identify at least 5 players. Compatible device and high-speed, broadband Internet connection required. The documentary launch page. 'cag[type_creator]' : 'David Faber' , d.setTime(d.getTime() + 60 * 60 * 24 * 30 * 1000); 'content_id' : '29167221' , See production, box office & company info. Language : Unqualified. mps._urlContainsEmail = function() { Data is a real-time snapshot *Data is delayed at least 15 minutes. Monday, February 16th 8p | 12a ET if (window.top !== window.self) { // check for region and redirect if country is in EEARegion For personal and non-commercial use only. } The result is the gripping chronology of the buildup and ultimate collapse of the U.S. housing market, which triggered a worldwide economic meltdown. const oneTrustCookie = getOneTrustCookie(); Even this so-called negative amortization loan seemed to be acceptable to investors as long as home prices continued to go up. ("undefined"!=typeof FormData&&t instanceof FormData))try{return JSON.stringify(t).length}catch(e){return}}}},{}],19:[function(t,e,n){var r=0,o=navigator.userAgent.match(/Firefox[\/\s](\d+\.\d+)/);o&&(r=+o[1]),e.exports=r},{}],20:[function(t,e,n){function r(t,e){if(!o)return!1;if(t!==o)return!1;if(!e)return!0;if(!i)return!1;for(var n=i.split("."),r=e.split(". Please note that the Shop Hulu site is owned and operated by Snowcommerce. Most new episodes the day after they air. .filter(categoryPreference => !categoryPreference.includes('0_') && categoryPreference.includes(':0')) } console.log('PUB-GDPR-CHECK oneTrustCookie matches: ', matches); console.log('PUB-GDPR-CHECK'); Questions, comments, suggestions for the Mad Money website? if(typeof document.getElementsByTagName('meta')['tp:PreferredRuntimes'] === 'object') { } Studio : NBC New Documentarie. What is the broadcast (satellite or terrestrial TV) release date of House of Cards (2009) in Australia? 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]+. The company targeted people who couldn't afford a down payment and had poor credit?so-called "sub-prime borrowers." The Investors / House of Cards (Video Preview). New subscribers only. Includes 30 min of exclusive bonus material. "New home construction (is at) the highest in almost 20 years. if (typeof(window._mpspixZ) != 'string') { .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); } console.log('PUB-GDPR-CHECK all blocked. Unable to add item to List. STORAGE: 6, Reviewed in the United States on January 17, 2014. "),a=0;a blockedCategories.includes(c)).length > 0; Go inside the race to beat obesity, where the waistline meets the bottom line. if (typeof mps.getAd != "function") mps.getAd = function(adunit) { Best Balance Transfer Credit Cards. 'subtype' : 'news_show' , (function(){ , Director } CNBC's "House of Cards" will re-air on Sunday, February 15th at 9PM ET and Monday, February 16th (President's Day) at 8AM, 8PM and 12AM ET. mps._urlContainsEmail = function() { var foresee_enabled = 1 The Denver Post 'cag[type_source]' : 'CNBC US Source' , This content was created by a Daily Kos Community member. 'is_content' : '1' , return false; if (!matches) { let cStart = document.cookie.indexOf(`${name}=`); // execute 'cag[template]' : 'story' , With unprecedented access, CNBC takes you inside the $30-billion dollar cruise industry. 'title' : 'Watch CNBC’s ‘House of Cards’ Thursday Night' , Cancel anytime. A 3 . mps._queue.mpsinit = mps._queue.mpsinit || []; Live TV is available in the 50 United States and the District of Columbia only. Watch full seasons of exclusively streaming series, classic favorites, Hulu Originals, hit movies, current episodes, kids shows, and tons more. 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. Tomorrow (Thurs Feb 12), the CNBC Original "House of Cards" will premiere at 8p ET / 9p PT on CNBC. With no shortage of eager borrowers, business was booming and Quick Loan made millions of dollars. This documentary highlights the plight of America during the Housing Boom. ;NREUM.info={beacon:"bam.nr-data.net",errorBeacon:"bam.nr-data.net",licenseKey:"356631dc7f",applicationID:"230538944",sa:1} Faber follows the story from mortgage broker to homeowner, brokers to ratings agencies and all the way to former Federal Reserve Chairman Alan Greenspan. //end OneTrust Redirect 'cag[related_related]' : 'Economy|Alan Greenspan|The Fed|World Economy|Credit|Housing|Stock Picks|stocks' , ', window.location); if (mps._urlContainsEmail()) { document.addEventListener("DOMContentLoaded", function(event) { CNBC investigates the causes of the 2007 financial crisis by examining the roles of mortgage lenders and Wall Street financiers in the disaster. Best Balance Transfer Credit Cards. that bring to life the painful story of the greatest financial crisis since the Great Depression. } 'template' : 'story_simple' , ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. 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.
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