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Monthly price. Generalist VC firms will need to make routine assessments of their carbon . IMO. return _regex.test(_qs); Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates, Learn more how customers reviews work on Amazon. if (typeof adunit != "string") return false; Sunday, March 15th 9p ET, Here's the official page for the documentary House of Cards, by David Faber - CNBC Anchor and Reporter. < 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. Betrayed by the White House, Congressman Frank Underwood embarks on a ruthless rise . .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); It was updated on May 23, 2008. 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. 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 . function isEEARegionCheck() { 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. CNBC presents a definitive look at the life, career and impact of the most important central banker of modern times. I find it very hard to believe he could not have slowed down the industry or clamp down on oversight and regulation. Perhaps it would help critics to understand the need for some reasonable government regulation. mpsload.id = "mps-load"; CNBC investigates the public unraveling of investment manager Bernard Madoff's alleged multi-billion dollar Ponzi scheme. mps.__timer = Date.now ? Programming subject to regional availability, blackouts, and device restrictions. Find the Credit Card for You. Don't waste your time on this one. See the firsthand account of how this happened. All Credit Cards. Your recently viewed items and featured recommendations. for (var i in mps.response.dart.adunits) { 'pubdate' : '1234477348' , cStart = cStart + name.length + 1; See how the American dream became a nightmare. 'cag[type_creator]' : 'Tom Brennan' , (function(){ // execute if (!oneTrustCookie) return true; "CNBC Documentaries" House of Cards (TV Episode 2009) cast and crew credits, including actors, actresses, directors, writers and more. Cramer interviewed David Faber, host of the program, to find out what the show is all about. Select a season. mps._queue.mpsloaded = mps._queue.mpsloaded || []; It also analyzed reviews to verify trustworthiness. const matches = oneTrustCookie.match(COOKIE_REGEX); : The program had a name only a banker could love: the pay option negative amortization adjustable rate mortgage. It was designed to help first-time homebuyers who couldnt actually afford the cost of the loan. For more information, please see our Compatible device and high-speed, broadband Internet connection required. }; mps._queue.adclone = mps._queue.adclone || []; 'keywords' : '~' , if (typeof mps.getAd != "function") mps.getAd = function(adunit) { Best Travel Credit Cards. 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. if (mps._urlContainsEmail()) { Emmy Award Winner: Outstanding Documentary. mps.scodePath="//fm.cnbc.com/applications/cnbc.com/staticcontent/scripts/omniture/s_code.js?v=1.6.4.1"; const COOKIE_REGEX = /groups=([^&]*)/; Meet the new breed of entrepreneurs cashing in on the Apps business. })(); (t&&t.licenseKey&&t.applicationID&&e))return u.abort();f(g,function(e,n){t[e]||(t[e]=n)}),c("mark",["onload",a()+x.offset],null,"api");var n=l.createElement("script");n.src="https://"+t.agent,e.parentNode.insertBefore(n,e)}}function o(){"complete"===l.readyState&&i()}function i(){c("mark",["domContent",a()+x.offset],null,"api")}function a(){return O.exists&&performance.now?Math.round(performance.now()):(s=Math.max((new Date).getTime(),s))-x.offset}var s=(new Date).getTime(),c=t("handle"),f=t(21),u=t("ee"),d=t(20),p=window,l=p.document,h="addEventListener",m="attachEvent",v=p.XMLHttpRequest,w=v&&v.prototype;NREUM.o={ST:setTimeout,SI:p.setImmediate,CT:clearTimeout,XHR:v,REQ:p.Request,EV:p.Event,PR:p.Promise,MO:p.MutationObserver};var y=""+location,g={beacon:"bam.nr-data.net",errorBeacon:"bam.nr-data.net",agent:"js-agent.newrelic.com/nr-spa-1118.min.js"},b=v&&w&&w[h]&&!/CriOS/.test(navigator.userAgent),x=e.exports={offset:s,now:a,origin:y,features:{},xhrWrappable:b,userAgent:d};t(17),l[h]? ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. 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. mps._log('**** LOADED: cnbc-cms-header-insert'); }; var pixelurl = ((document.location.protocol === 'https') ? // Best Credit Cards. January 25, 2008 / 12:51 PM / CBS. Release date : October 13, 2009. Reviewed in the United States on June 11, 2010. As someone who had researched the subject before seeing this presentation, I was well aware of the fact that this financial disaster went back to the Carter Administration and was pushed through Congress by Cong.Barney Frank, Sen. Chris Dodd and others who believed that everyone had a right to home ownership, even if they could not afford it or worked for it. if (document.cookie.length > 0) { , Studio const matches = oneTrustCookie.match(COOKIE_REGEX); : Please try again. Houses of Cards, a CNBC original documentary about the credit crisis, premieres Thursday night at 8 PM and midnight ET. Even this so-called negative amortization loan seemed to be acceptable to investors as long as home prices continued to go up. mps._urlContainsEmail = function() { What is the broadcast (satellite or terrestrial TV) release date of House of Cards (2009) in Australia? } Thats what kept Michael Francis going, even if he was starting to have doubts. The unpaid interest was added to the total amount of the mortgage. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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But Francis said there was a downside to Chairman Greenspans encouragement to mortgage lenders. Date.now() : (function() { return +new Date })(); {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+)(\.|$)(. 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house of cards cnbc documentary full