//begin OneTrust Redirect const COOKIE_REGEX = /groups=([^&]*)/; Monday, February 16th 8p | 12a ET 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 . House of Cards: With David Faber, Alan Greenspan, Joe Dunckley, Barbara Dunkley. 'cag[attribution_source]' : 'CNBC US Source' , Unable to add item to List. mpsload.src = "//" + mpsopts.host + "/fetch/ext/load-" + mpscall.site + ".js?nowrite=2"; 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. You should be able to identify at least 5 players. {"@context": "https://schema.org","@type": "NewsArticle","description": "HOW DID IT HAPPEN AND WHY DID THIS HOUSE OF CARDS COME TUMBLING DOWN?Two-hour Documentary Reported by CNBC's David Faber Premieres on CNBC on Thursday, February 12th at 8PM &amp; 12AM ET","mainEntityOfPage": "https://www.cnbc.com/id/28984151","headline": "CNBC ORIGINAL DOCUMENTARY "HOUSE OF CARDS" UNCOVERS THE REASONS BEHIND THE GREATEST FINANCIAL COLLAPSE SINCE THE GREAT DEPRESSION","dateCreated": "2009-02-02T19:04:18-0500","datePublished": "2009-02-02T19:04:18-0500","dateModified": "2010-08-05T11:36:59-0400","author": {"@type": "Person","name": "Jennifer Dauble"},"publisher": {"@type": "Organization","name": "CNBC","logo": {"@type": "ImageObject","url": "https://sc.cnbcfm.com/applications/cnbc.com/staticcontent/img/cnbc-logo-amp.png","width": 360,"height": 60}},"image":{"@type": "ImageObject","url": "https://sc.cnbcfm.com/applications/cnbc.com/resources/img/editorial/2015/03/30/102546467-Most-Popular--Image-Placeholder-Large.720x405.jpg","width": 720,"height": 405},"thumbnailUrl": "https://sc.cnbcfm.com/applications/cnbc.com/resources/img/editorial/2015/03/30/102546467-Most-Popular--Image-Placeholder-Large.720x405.jpg","articleSection": "CNBC feeds","url": "https://www.cnbc.com/id/28984151","keywords": ["Articles","CNBC feeds","CNBC Information and Policies","CNBC: News Releases","source:tagname:CNBC US Source"]} 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 . let cEnd = document.cookie.indexOf(';', cStart); Live TV is available in the 50 United States and the District of Columbia only. Cookie Notice script.setAttribute("onload", "setAdblockerCookie(false);"); TARGETED_ADS: 4, const blockedCategories = decodeURIComponent(matches[1]) .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); 'template' : 'story_simple' , The result is the gripping chronology of the buildup and ultimate collapse of the U.S. housing market, which triggered a worldwide economic meltdown. Highlights of CNBC Original Productions including documentaries and special prime time series hosted by CNBC anchors and reporters.more, Highlights of CNBC Original Productions including documentaries aMore. s.src = "https://fm.cnbc.com/applications/cnbc.com/resources/files/2020/03/28/VisitorAPI.js"; var d = new Date(); and our 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. }; Best Rewards Credit Cards. } : . } 'type' : 'mobile: pressrelease' , January 25, 2008 / 12:51 PM / CBS. 2023 CNBC LLC. What Are We To Do mps.__timer = Date.now ? : .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); You are about to exit Hulu.com to visit the Shop Hulu site, where a different Terms of Use and Privacy Policy apply. if (isOneTrustAnyBlocked()) { 'adunits' : 'Default' , const OneTrustCategories = { 'title' : 'CNBC ORIGINAL DOCUMENTARY &quot;HOUSE OF CARDS&quot; UNCOVERS THE REASONS BEHIND THE GREATEST FINANCIAL COLLAPSE SINCE THE GREAT DEPRESSION' , } Includes 30 min of exclusive bonus material. 'is_sponsored' : '0' , An upcoming CNBC documentary investigates the origins of the global economic crisis and calls Orange County the birthplace of the sub-prime mortgage. Monday, February 16th 8p | 12a ET const matches = oneTrustCookie.match(COOKIE_REGEX); 'cag[type_creator]' : 'David Faber' , Faber speaks with Former Federal Reserve Chairman Alan Greenspan who defends decisions he made that critics say laid the groundwork for the crisis. CNBC_Comscore = 'CNBC_feeds'; The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. if (typeof mps.getAd != "function") mps.getAd = function(adunit) { } el.parentNode.insertBefore(s, el); Americans are facing the most crushing economic crisis since the Great Depression. The documentary launch page. 'path' : '/id/29167221' , Language : Unqualified. Stream our library of shows and movies without ad interruptions. Mitch Weitzner is the Executive Producer of CNBC's Long Form Unit. typeof mps._gptfirst == "function" && mps._gptfirst(adunit, slotid); Perhaps it would help critics to understand the need for some reasonable government regulation. var slotid = "mps-getad-" + adunit.replace(/\W/g, ""); Bernie Madoff & The $50 Billion Heist, The Money Chase: Inside Harvard Business School, NEWBOs: The Rise of America's New Black Overclass, Run for the Roses: the Kentucky Derby and the Business of Horse Racing, Planet Of The Apps: A Hand-Held Revolution, Mob Money: An American Greed Special Presentation, Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates. Reddit and its partners use cookies and similar technologies to provide you with a better experience. return false; if (!mps._ext || !mps._ext.loaded) { 2023 CNBC LLC. UPDATE: TO FOURWINDS READERS January 13 2023, ~~~THE CHRISTMAS STORY by Patrick H. Bellringer~~~ 2022, NEW] PART10a: MESSAGE FROM CREATOR GOD ATON OF LIGHT-~~~FOR THOSE WHO SEE THE LIGHT~~~DECEMBER 21, 2022, [NEW] PART 9a: MESSAGE FROM GYEORGOS CERES HATONN COMMANDER IN CHIEF~~~MESSAGE TO ALL SOULS AND LIGHTWORKERS~~~LET THERE BE LIGHT AND GOD CREATED~~~DECEMBER 20., 2022, Send Page To a Friend WikiLeaks: Egypts New Man at the Top 'Was Against Reform', ANOTHER HIDDEN SECRET IN OBAMACARE 'RFID CHIP IMPLANTS', Wholesale inflation explodes to 11.3% in producer index, feds report, Biden's 'Inflation Tax' Is Costing US Households $433 Per Month, Meat prices in America could reach highest level in generations, CNN sounds alarm: 'Disastrous day' for Dems' 2022 chances, Governments on road to collapse as global supply chain crisis, inflation worsen; Sri Lanka now suspending foreign debt payments. As a viewer I learned a lot about the subprime mortgage industry and the birth of CDO's from this film. //begin OneTrust Redirect var CNBC_MPS_FRANCHISE_TAG='cnbc__news_releases'; if (mps._urlContainsEmail()) { 18+ only. For personal and non-commercial use only. (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()[].,;:s@"]+(.[^=&/<>()[].,;:s@"]+)*)@(([[0-9]{1,3}.[0-9]{1,3}.[0-9]{1,3}.[0-9]{1,3}])|(([a-zA-Z-0-9]+. $7.99/mo. "host" : 'mps.cnbc.com', madcap@cnbc.com. : } Watch full seasons of exclusively streaming series, classic favorites, Hulu Originals, hit movies, current episodes, kids shows, and tons more. Download titles to your supported device for on-the-go-streaming. Location data required to access content. const oneTrustCookie = getOneTrustCookie(); console.log('PUB-GDPR-CHECK all blocked. 'cag[brand]' : 'none' , if (cEnd === -1) { It's a world of opportunity, opulence, and overwhelming pressure to give back to the community. Sunday, March 1st Midnight ET 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. } 'content_id' : '29167221' , ), Watch CNBC's "House of Cards" -- to understand the problem, Ways to get involved in the upcoming elections. }; 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. return true; For more information, please see our } head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); // execute And it became extremely popular.. Get a rare look at the company that hundreds of millions of people touch every day. 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. '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; 'hline' : 'CNBC: News Releases' , script.setAttribute("src", "//www.npttech.com/advertising.js"); // (function(){ 'cat' : 'CNBC feeds|CNBC Information and Policies|CNBC: News Releases' , Release year: 2013. 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. }; mps._queue.adload = mps._queue.adload || []; 'cag[brand]' : 'none' , 'subtype' : 'section' , SOCIAL_MEDIA: 8 'is_content' : '1' , } Dallas' Kyle Bass whose hedge fund soared 600% in just eighteen months. < 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. Watch how aggressive interest-rate cuts sparked a housing boom, subprime mortgages brought down banks, overleveraging hurt Morgan Stanley and Citigroup and problems here in the U.S. worked their way overseas. mps.response.dart.adunits[i].data = ''; isEEARegionCheck(); 'cag[configuration_franchise]' : 'Mad Money' , They expose the Problems that still yet need to be resolved, one way or another. A Division of NBCUniversal. Date.now() : (function() { return +new Date })(); if (!_qs) { } Reviewed in the United States on March 7, 2015. console.log('PUB-GDPR-CHECK oneTrustCookie: ', oneTrustCookie); 'stitle' : 'CNBC ORIGINAL DOCUMENTARY "HOUSE OF CARDS" UNCOVERS THE REASONS BEHIND THE GREATEST FINANCIAL COLLAPSE SINCE THE GREAT DEPRESSION' , The company targeted people who couldn't afford a down payment and had poor credit?so-called "sub-prime borrowers." Help others learn more about this product by uploading a video! window._mpspixZ = (function(a){var b="abcdefghiklmnopqrstuvwxyz".split("");a||(a=Math.floor(Math.random()*b.length));for(var c="",d=0;d !categoryPreference.includes('0_') && categoryPreference.includes(':0')) Please try again. mps._debug('[MPS]: email address detected in url, bypass gpt. Kos Media, LLC. All Rights Reserved. Most of what preceded the credit meltdown, which started in September 2007, happened under his watch, and in Fabers interview, Greenspan admits that even he couldnt explain collateralized debt obligations and he had a couple of hundred Ph.D.s on staff. Reported by Scott Wapner. (function(){ var _qs = window.location.href; }; The Investors / House of Cards (Video Preview). Saturday February 14, 2009 fetch('https://geo.cnbc.com/info/').then(res => res.json()).then(result => { Act Now! HOW DID IT HAPPEN AND WHY DID THIS HOUSE OF CARDS COME TUMBLING DOWN? (function() { Live TV may vary by subscription and location. "),a=0;a