cStart = cStart + name.length + 1; , ASIN The mantra on Wall Street was that home prices nationwide had not gone down in a single year since the great depression. console.log('PUB-GDPR-CHECK oneTrustCookie matches: ', matches); if(typeof document.getElementsByTagName('meta')['tp:PreferredRuntimes'] === 'object') { 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. head.insertBefore(mpsload, head.firstChild) I honestly think he also thought the gravy train would never end. House of Cards: Season 1 (Recap) Trailer: Lift the Veil. James Segelstein is senior producer. [email protected]. }; Streaming Library with tons of TV episodes and movies, Most new episodes the day after they air, Watch on your favorite devices, including TV, laptop, phone, or tablet, Watch on 2 different screens at the same time, For current-season shows in the streaming library only, **Switches from Live TV to Hulu take effect as of the next billing cycle, https://privacy.thewaltdisneycompany.com/en/current-privacy-policy/, https://help.hulu.com/s/article/hulu-disney-espn-bundle. (function(){ Access to award-winning Hulu Originals. mps._queue.refreshads = mps._queue.refreshads || []; Chronicles the sub-prime mortgage lending debacle in America on Wall Street, which affected global economies as well and let America into a recession. } else { 'is_sponsored' : '0' , 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. // 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 . mps._urlContainsEmail = function() { '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' , 'cag[related_primary]' : 'David Faber' , Watch CNBC: House of Cards Sunday, February 15th 9p ET '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; Mitch Weitzner is the Executive Producer of CNBC's Long Form Unit. A generation of self-made, young, black multimillionaires is emerging from sports, media, and entertainment to live the American Dream. 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'cag[type_creator]' : 'David Faber' , "New home construction (is at) the highest in almost 20 years. mps._urlContainsEmail = function() { 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. My purchase of this item was to use it in a class I was teaching on White Collar Crime. cEnd = document.cookie.length; mps.__timer = Date.now ? I just finished watching the CNBC documentary House of Cards (hat tip to Gregg for pointing it out to me). mps._queue.mpsloaded.push(function(){ mps.__intcode = "v2"; Award-winning correspondent David Faber investigates the defining story of our time. function isOneTrustAnyBlocked() { "443":"80"),r.hostname=e.hostname||n.hostname,r.pathname=e.pathname,r.protocol=o[0],"/"!==r.pathname.charAt(0)&&(r.pathname="/"+r.pathname);var i=!e.protocol||":"===e.protocol||e.protocol===n.protocol,a=e.hostname===document.domain&&e.port===n.port;return r.sameOrigin=i&&(!e.hostname||a),r}},{}],17:[function(t,e,n){function r(){}function o(t,e,n){return function(){return i(t,[f.now()].concat(s(arguments)),e?null:this,n),e?void 0:this}}var i=t("handle"),a=t(21),s=t(22),c=t("ee").get("tracer"),f=t("loader"),u=NREUM;"undefined"==typeof window.newrelic&&(newrelic=u);var d=["setPageViewName","setCustomAttribute","setErrorHandler","finished","addToTrace","inlineHit","addRelease"],p="api-",l=p+"ixn-";a(d,function(t,e){u[e]=o(p+e,!0,"api")}),u.addPageAction=o(p+"addPageAction",!0),u.setCurrentRouteName=o(p+"routeName",!0),e.exports=newrelic,u.interaction=function(){return(new r).get()};var h=r.prototype={createTracer:function(t,e){var n={},r=this,o="function"==typeof e;return i(l+"tracer",[f.now(),t,n],r),function(){if(c.emit((o? The more mortgages lenders provided to homebuyers, the more product Francis would have to sell. I find it very hard to believe he could not have slowed down the industry or clamp down on oversight and regulation. From tips for running a business, to pitfalls to avoid, /r/business teaches you the smart moves and helps you dodge the foolish. Best Credit Cards. 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. Best Travel Credit Cards. console.log('PUB-GDPR-CHECK'); "CNBC Documentaries" House of Cards (TV Episode 2009) cast and crew credits, including actors, actresses, directors, writers and more. return; All Rights Reserved. Brief content visible, double tap to read full content. return true; The Investors / House of Cards (Video Preview). As a result, the mortgage balance increased; instead of the mortgage being paid down, it was getting bigger. Americans are facing the most crushing economic crisis since the Great Depression. --Internal email Wall Street, 12/15/2006 Privacy Policy. 2023 CNBC LLC. Get Hulu, Disney+, and ESPN+, all with ads, for $12.99/mo. .split(',') CNBC investigates the causes of the 2007 financial crisis by examining the roles of mortgage lenders and Wall Street financiers in the disaster. })(); 'cag[attribution_author]' : 'Tom Brennan' , < 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. 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. var foresee_enabled = 1 Here's a Slideshow for the documentary House of Cards Slideshow, to get a sense of the range of topics covered. var slotid = "mps-getad-" + adunit.replace(/\W/g, ""); Questions, comments, suggestions for the Mad Money website? Best Sellers Rank: #203,297 in Movies & TV ( See Top 100 in Movies & TV) #10,509 in Documentary (Movies & TV) 'template' : 'story' , fetch('https://geo.cnbc.com/info/').then(res => res.json()).then(result => { ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. // 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. "https:":"http:")+"//ds-aksb-a.akamaihd.net/aksb.min.js")}, Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Got a confidential news tip? const name = ONE_TRUST_COOKIE_NAME; var CNBC_Premium = CNBC_Premium || {}; It was music to the ears of Wall Street bankers like Michael Francis. 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