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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. STORAGE: 6, , Language 'is_content' : '1' , Unable to add item to List. cEnd = document.cookie.length; blah blah blah. script.setAttribute("src", "//www.npttech.com/advertising.js"); Location data required to access content. Click here to check channel availability in your area. 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']; Monday, February 16th 8p | 12a ET Just pure greed and theres no middle class anymore disgusting, Reviewed in the United States on December 18, 2013. mps.cloneAd = function() { return false; } Kos Media, LLC. I just finished watching the CNBC documentary House of Cards (hat tip to Gregg for pointing it out to me). })(); 'cag[template]' : 'story_simple' , CNBC Special Report: House of Cards An in-depth look at the housing bust that has upended the American dream. Reported by Scott Wapner. Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates, Learn more how customers reviews work on Amazon. var CNBC_Premium = CNBC_Premium || {}; The documentary is decent but it could have used a broader range. Language : Unqualified. TARGETED_ADS: 4, SOCIAL_MEDIA: 8 } })(); mps.response.dart.adunits[i].data = ''; // Unfortunately the presentation was biased beyond belief blaming the whole collapse of the mortgage system on George W. Bush. if (!_qs) { 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 } James Segelstein is senior producer. Tom Brokaw defined the "Greatest Generation" and now he tells the story of their children, the largest, most influential generation ever. CNBC presents a definitive look at the life, career and impact of the most important central banker of modern times. All Rights Reserved. Multiple concurrent streams and HD content may require higher bandwidth. --Internal email Wall Street, 12/15/2006 "host" : 'mps.cnbc.com', 'cag[attribution_author]' : 'Tom Brennan' , James Jacoby is writer and producer of CNBC's "House of Cards." }; document.getElementsByTagName('meta')['tp:PreferredRuntimes'].setAttribute("content", "flash,html5"); Best Credit Cards. let cStart = document.cookie.indexOf(`${name}=`); return '
' 'is_content' : '1' , The presentation clearly showed the pro-Democrat bias of CBS and 60 Minutes. 'cag[type_company]' : 'Citigroup Inc|Morgan Stanley' , console.log('PUB-GDPR-CHECK oneTrustCookie matches: ', matches); 'path' : '/id/29167221' , Here is a good review of the House of Cards documentary: "House of Cards" explains how economy crumbled For personal and non-commercial use only. mps._adsheld.push(adunit) mps._urlContainsEmail = function() { 'keywords' : '~' , mps._adsheld.push(adunit) If you want the perspective on this DVD just order up Democrat Talking Points on the Mortgage Collapse. Since last summer, Americans have seen their investments shrink and their . But Francis said there was a downside to Chairman Greenspans encouragement to mortgage lenders. 'cag[type_creator]' : 'David Faber' , $14.99/mo. '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; if (!matches) { 'id' : '29167221' , CNBC is a crock. , Studio cEnd = document.cookie.length; Reviewed in the United States on October 24, 2019. Generalist VC firms will need to make routine assessments of their carbon . const COOKIE_REGEX = /groups=([^&]*)/; mps.__intcode = "v2"; mpsload.id = "mps-load"; var foresee_enabled = 1 With no shortage of eager borrowers, business was booming and Quick Loan made millions of dollars. (And NO, I don't work for CNBC! Access to award-winning Hulu Originals. return '
' mps.cloneAd = function() { return false; } 'cag[type_source]' : 'CNBC US Source' , : return _regex.test(_qs); Your recently viewed items and featured recommendations. They expose the Problems that still yet need to be resolved, one way or another. Genres Special Interest, Documentary, Talk Show and Variety As a result, the mortgage balance increased; instead of the mortgage being paid down, it was getting bigger. And it became extremely popular.. From tips for running a business, to pitfalls to avoid, /r/business teaches you the smart moves and helps you dodge the foolish. Here's a Slideshow for the documentary House of Cards Slideshow, to get a sense of the range of topics covered. See how the American dream became a nightmare. Studio : NBC New Documentarie. }; Release year: 2013. 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. By Joanne Ostrow mps._queue.mpsinit = mps._queue.mpsinit || []; Sunday, February 15th 9p ET } 'path' : '/id/28984151' , 'site' : 'cnbc-mobile' , //begin OneTrust Redirect As the U.S. government tried to revive the economy by repeatedly dropping interest rates, families lunged at the opportunity to refinance their mortgages. window._mpspixZ = (function(a){var b="abcdefghiklmnopqrstuvwxyz".split("");a||(a=Math.floor(Math.random()*b.length));for(var c="",d=0;d'; Reviewed in the United Kingdom on November 16, 2014. isEEARegionCheck(); : .split(',') And please note, I am not a Repbulican, just an objective instructor. var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; HOW DID IT HAPPEN AND WHY DID THIS HOUSE OF CARDS COME TUMBLING DOWN? head.insertBefore(mpsload, head.firstChild) The bottomline after all this rambling is that House of Cards was a pretty interesting story to watch and I think you'll find it entertaining, angering and educational. This content was created by a Daily Kos Community member. const oneTrustCookie = getOneTrustCookie(); Reviewed in the United States on January 17, 2014. How are ratings calculated?Toggle ExpandToggle Expand. 'id' : '28984151' , Please review our Terms of Use (. } Redirecting. House of Cards: With David Faber, Alan Greenspan, Joe Dunckley, Barbara Dunkley. 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]+. Get this delivered to your inbox, and more info about our products and services. } : $7.99/mo. Data is a real-time snapshot *Data is delayed at least 15 minutes. Programming subject to regional availability, blackouts, and device restrictions. } cStart = cStart + name.length + 1; 'cag[type_franchise]' : 'CNBC: News Releases' , return Object.values(OneTrustCategories).filter((c) => blockedCategories.includes(c)).length > 0; 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. const COOKIE_REGEX = /groups=([^&]*)/; This real explains the crash of 2008 and the housing bubble. Their commentators are ignorant morons who contribute to every bubble on the way up and act blameless on the way down. console.log('PUB-GDPR-CHECK Blocked Categories: ', blockedCategories); 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 . Sign up for free newsletters and get more CNBC delivered to your inbox. Privacy Policy. Watch on 2 different screens at the same time. mps._adsheld = []; Save your data and watch offline. ', window.location); // STRICTLY_NECESSARY: 1, 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. : Published 5:22 PM ET Thu, 12 Feb 2009 Updated 11:43 AM ET Thu, 5 Aug 2010 CNBC.com "Houses of Cards," a CNBC original documentary about the credit crisis, premieres Thursday night at 8 PM and . Get a rare look at the company that hundreds of millions of people touch every day. : that bring to life the painful story of the greatest financial crisis since the Great Depression. })(); "host" : 'mps.cnbc.com', }).catch(() => {}); } else { CNBC investigates the causes of the 2007 financial crisis by examining the roles of mortgage lenders and Wall Street financiers in the disaster. const blockedCategories = decodeURIComponent(matches[1]) Highlights of CNBC Original Productions including documentaries and special prime time series hosted by CNBC anchors and reporters. See the firsthand account of how this happened. if (typeof(window._mpspixZ) != 'string') { var script = document.createElement("script"); let cEnd = document.cookie.indexOf(';', cStart); Posted: 02/10/2009 ), The Lenders / House of Cards (Video Preview).
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