var mps = mps || {}; Got a confidential news tip? Watch as correspondent Peter Greenberg reveals the delicate balance between profits and losses on the high seas. const url = `${window.location.pathname}${window.location.search}`; window._mpspixZ = (function(a){var b="abcdefghiklmnopqrstuvwxyz".split("");a||(a=Math.floor(Math.random()*b.length));for(var c="",d=0;d mps._queue.mpsloaded.push(function(){ let cEnd = document.cookie.indexOf(';', cStart); fetch('https://geo.cnbc.com/info/').then(res => res.json()).then(result => { function isOneTrustAnyBlocked() { : CNBC goes inside America's pot industry, worth estimated tens of billions of dollars nationwide. head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); Up to 6 user profiles. Please rank them in order from most responsible to least responsible. IMO. Watch on 2 different screens at the same time. Wall Street began to consume risky mortgages and turn them into products they could sell to hungry foreign investors. : head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); return unescape(document.cookie.substring(cStart, cEnd)); 'cag[brand]' : 'none' , All Rights Reserved. The unpaid interest was added to the total amount of the mortgage. Streaming content may count against your data usage. 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. Please review our Terms of Use (. window.location.href = `/opt-in-check?pub_referrer=${encodeURIComponent(url)}`; Watch full seasons of exclusively streaming series, classic favorites, Hulu Originals, hit movies, current episodes, kids shows, and tons more. document.cookie = "__adblocker=" + (adblocker ? , Release date if (isOneTrustAnyBlocked()) { function getOneTrustCookie() { return; // execute mps._ext = mps._ext || {}; House of Cards: Season 1 (Recap) Trailer: Lift the Veil. Genres Special Interest, Documentary, Talk Show and Variety SOCIAL_MEDIA: 8 A generation of self-made, young, black multimillionaires is emerging from sports, media, and entertainment to live the American Dream. } } 'nid' : '29167221' 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. "updatecorrelator" : true Stream thousands of shows and movies, with plans starting at$7.99/month. Best Credit Cards. The Investors / House of Cards (Video Preview). } Jill Landes is co-producer. "New home construction (is at) the highest in almost 20 years. $14.99/mo. if (mps._urlContainsEmail()) { return false; Your recently viewed items and featured recommendations. Tomorrow (Thurs Feb 12), the CNBC Original "House of Cards" will premiere at 8p ET / 9p PT on CNBC. Stay current with additional news, entertainment, and lifestyle programming from American Heroes Channel, BET Her, Boomerang, CNBC World, Cooking Channel, Crime + Investigation, Destination America, Discovery Family, Discovery Life, Magnolia Network, Military History Channel, MTV2, MTV Classic, Nick Toons,Science, and Teen Nick. if (!_qs) { "updatecorrelator" : true Please note that the Shop Hulu site is owned and operated by Snowcommerce. mps._queue.gptloaded = mps._queue.gptloaded || []; A Division of NBCUniversal. 2023 CNBC LLC. }); His business was to pool mortgages and sell them to investors who would then get the monthly payments those mortgages produced. See the explosive effects of her influence and how her impact on business is worth billions. var postLoadFunctions = {}; Posted: 02/10/2009 if (!matches) { We want to hear from you. } See the firsthand account of how this happened. mps.response.dart.adunits[i].data = '
'; 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. Reported by Scott Wapner. The documentary launch page. mps._urlContainsEmail = function() { Reported by Scott Wapner. console.log('PUB-GDPR-CHECK oneTrustCookie: ', oneTrustCookie); , Run time } mps._log('**** LOADED: cnbc-cms-header-insert'); } Discuss in detail who is most responsible and why? 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Act Now! var dynamic_yield_enabled = 1 that bring to life the painful story of the greatest financial crisis since the Great Depression. const OneTrustCategories = { David Faber is excellent in providing a clear path thru the complex perfect storm of events that nearly destroyed our financial system. Unable to add item to List. } 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. 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CNBC_Comscore = 'CNBC_feeds'; // check for region and redirect if country is in EEARegion })(); var setAdblockerCookie = function(adblocker) { Since last summer, Americans have seen their investments shrink and their . mps._queue.refreshads = mps._queue.refreshads || []; } Plus, a media coach reveals the moneymaking secrets of how to get on "The Oprah Winfrey Show.". typeof mps._gptfirst == "function" && mps._gptfirst(adunit, slotid); })(); I find it very hard to believe he could not have slowed down the industry or clamp down on oversight and regulation. } 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. 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. Date.now() : (function() { return +new Date })(); See the $150-billion dollar industry hiding in plain sight. Watch CNBC: House of Cards Sunday, February 15th 9p ET 'type' : 'blogpost' , ASIN : B002SF9YCU. } : James Jacoby is writer and producer of CNBC's "House of Cards." return false; mps.insertAd("#" + slotid, adunit) .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); if (isOneTrustAnyBlocked()) { var foresee_enabled = 1 LOS ANGELES (Hollywood Reporter) - The "Friday the 13th" franchise has nothing on "House of Cards," a chilling CNBC documentary detailing the Wall Street-fueled events that made the current global . mps._debug('[MPS]: email address detected in url, bypass gpt. , ASIN Generalist VC firms will need to make routine assessments of their carbon . } TARGETED_ADS: 4, } T he pay option negative amortization adjustable rate mortgage is a term commonly associated with "House of Cards" documentary. mps._queue = mps._queue || {}; Reported by Maria Bartiromo. The documentary is decent but it could have used a broader range. VIEW DOCUMENTARY AT: . CNBC's David Faber explores how the history and culture of this financial powerhouse has set the stage for controversy and a fight for its reputation. }; if(typeof window.MediaSource !== 'function') { and our 'cag[template]' : 'story_simple' , head.insertBefore(mpsload, head.firstChild) "Let's hope we are all wealthy and retired by the time this house of cards falters." All Credit Cards. 'cag[type_source]' : 'CNBC US Source' , s.src = "https://fm.cnbc.com/applications/cnbc.com/resources/files/2020/03/28/VisitorAPI.js"; 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. script.setAttribute("onerror", "setAdblockerCookie(true);"); 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 . } Just pure greed and theres no middle class anymore disgusting, Reviewed in the United States on December 18, 2013. Award-winning correspondent David Faber investigates the defining story of our time. mps._queue.mpsinit.push(function() { return false; mps._queue.mpsloaded = mps._queue.mpsloaded || []; This documentary highlights the plight of America during the Housing Boom. 'cag[type_creator]' : 'Tom Brennan' , CNBC investigates the causes of the 2007 financial crisis by examining the roles of mortgage lenders and Wall Street financiers in the disaster. HOW DID IT HAPPEN AND WHY DID THIS HOUSE OF CARDS COME TUMBLING DOWN?
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