const oneTrustCookie = getOneTrustCookie(); }, mpsopts = { 'template' : 'story' , 'cag[device]' : 'mobile-touch' , }); Best Credit Cards. MPAA rating Data is a real-time snapshot *Data is delayed at least 15 minutes. }; } else { } By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Reported by Scott Wapner. They expose the Problems that still yet need to be resolved, one way or another. ), Watch CNBC's "House of Cards" -- to understand the problem, Ways to get involved in the upcoming elections. 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. The presentation clearly showed the pro-Democrat bias of CBS and 60 Minutes. It gives a presentation of the basic percepts which led to the occurrence of the current crisis of the program. return; if (isOneTrustAnyBlocked()) { isEEARegionCheck(); Sunday, March 1st Midnight ET 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. }); 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. Exploring just how far the effect of the credit crisis extended, Faber travels to Narvik, Norway, a town far above the Arctic Circle that was convinced it could solve its budget problems by investing in Wall Street's wares. Watch as correspondent Peter Greenberg reveals the delicate balance between profits and losses on the high seas. 'cag[attribution_source]' : 'CNBC US Source' , 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.__timer = Date.now ? 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. The unfortunate thing that grew out of that was a program that was a very inappropriate loan program for a lot of people that took it," he said. " It is their words and experiences not those of pundits or commentators . (function() { Reviewed in the United Kingdom on November 16, 2014. With no shortage of eager borrowers, business was booming and Quick Loan made millions of dollars. etc. Mayor Karen Kuvaas and Narvik's other town leaders hoped to become "great heroes" by reaping the income from financial ventures they believed were safe. : ANSWER Documentary on "House of cards season 1, episode 5 (2009) an CNBC series, which talks about the collapse of the mortgage market back in 2009" The documentary explains about the investigation done through CNBC about the causes of the greatest f View the full answer Stream thousands of shows and movies, with plans starting at$7.99/month. Got a confidential news tip? return Object.values(OneTrustCategories).filter((c) => blockedCategories.includes(c)).length > 0; January 25, 2008 / 12:51 PM / CBS. The company targeted people who couldn't afford a down payment and had poor credit?so-called "sub-prime borrowers." And beyond the villains, find out who the heroes were as this crisis unfolded. console.log('PUB-GDPR-CHECK'); mps.__intcode = "v2"; } http://www.youtube.com/ Watch CNBC Streaming Library with tons of TV episodes and movies. In this CNBC Original, correspondent Carl Quintanilla takes you inside the ''West Point of capitalism'' as it commemorates its centennial. 'hline' : 'CNBC: News Releases' , I just finished watching the CNBC documentary House of Cards (hat tip to Gregg for pointing it out to me). Programming subject to regional availability, blackouts, and device restrictions. Trailer: Give and Take. 'template' : 'story_simple' , Lou Pacific worked for Quick Loan Funding. "updatecorrelator" : true 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 No hidden fees, equipment rentals, or installation appointments. mps._queue.adview = mps._queue.adview || []; Watch on 2 different screens at the same time. mps.response.dart.adunits[i].data = ''; For more information, please see our Run time : 1 hour and 30 minutes. 'stitle' : 'CNBC ORIGINAL DOCUMENTARY "HOUSE OF CARDS" UNCOVERS THE REASONS BEHIND THE GREATEST FINANCIAL COLLAPSE SINCE THE GREAT DEPRESSION' , All Rights Reserved. CNBC Originals are the best of the best in non-fiction feature programming, focusing on the business community's biggest stories. Mitch Weitzner is the Executive Producer of CNBC's Long Form Unit. mps._queue = mps._queue || {}; var w=window;if(w.performance||w.mozPerformance||w.msPerformance||w.webkitPerformance){var d=document;AKSB=w.AKSB||{},AKSB.q=AKSB.q||[],AKSB.mark=AKSB.mark||function(e,_){AKSB.q.push(["mark",e,_||(new Date).getTime()])},AKSB.measure=AKSB.measure||function(e,_,t){AKSB.q.push(["measure",e,_,t||(new Date).getTime()])},AKSB.done=AKSB.done||function(e){AKSB.q.push(["done",e])},AKSB.mark("firstbyte",(new Date).getTime()),AKSB.prof={custid:"1320688",ustr:"",originlat:"0",clientrtt:"533",ghostip:"82.178.158.97",ipv6:false,pct:"10",clientip:"185.229.29.149",requestid:"227fbe18",region:"21524",protocol:"",blver:14,akM:"e12",akN:"ae",akTT:"O",akTX:"1",akTI:"227fbe18",ai:"265598",ra:"true",pmgn:"",pmgi:"",pmp:"",qc:""},function(e){var _=d.createElement("script");_.async="async",_.src=e;var t=d.getElementsByTagName("script"),t=t[t.length-1];t.parentNode.insertBefore(_,t)}(("https:"===d.location.protocol? let cStart = document.cookie.indexOf(`${name}=`); d.setTime(d.getTime() + 60 * 60 * 24 * 30 * 1000); mps._ext = mps._ext || {}; Data is a real-time snapshot *Data is delayed at least 15 minutes. Also, in a rare interview, Faber speaks with one of the few savvy investors who bet against the mortgage-backed security fever . mps.__timer = Date.now ? } The unpaid interest was added to the total amount of the mortgage. }; : (function() { } cStart = cStart + name.length + 1; Would recommend everyone spend the time to view this. Jill Landes is co-producer. if(typeof window.MediaSource !== 'function') { 'is_content' : '1' , Questions, comments, suggestions for the Mad Money website? Brief content visible, double tap to read full content. CNBC's Faber reveals how a financial house of cards was slowly built following the 9/11 attacks. Video c. } Saturday February 14, 2009 }; (function() { Houses of Cards, a CNBC original documentary about the credit crisis, premieres Thursday night at 8 PM and midnight ET. Release date : October 13, 2009. 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. madcap@cnbc.com. James Jacoby is writer and producer of CNBC's "House of Cards." Number of permitted concurrent streams will vary based on the terms of your subscription. const matches = oneTrustCookie.match(COOKIE_REGEX); Best Rewards Credit Cards. Best Travel Credit Cards. What is the broadcast (satellite or terrestrial TV) release date of House of Cards (2009) in Australia? var mpscall = { script.setAttribute("onerror", "setAdblockerCookie(true);"); It was updated on May 23, 2008. 'adunits' : 'Default' , "":"no-")+"fn-start",[f.now(),r,o],n),o)try{return e.apply(this,arguments)}catch(t){throw c.emit("fn-err",[arguments,this,t],n),t}finally{c.emit("fn-end",[f.now()],n)}}}};a("actionText,setName,setAttribute,save,ignore,onEnd,getContext,end,get".split(","),function(t,e){h[e]=o(l+e)}),newrelic.noticeError=function(t,e){"string"==typeof t&&(t=new Error(t)),i("err",[t,f.now(),!1,e])}},{}],18:[function(t,e,n){e.exports=function(t){if("string"==typeof t&&t.length)return t.length;if("object"==typeof t){if("undefined"!=typeof ArrayBuffer&&t instanceof ArrayBuffer&&t.byteLength)return t.byteLength;if("undefined"!=typeof Blob&&t instanceof Blob&&t.size)return t.size;if(! var d = new Date(); Date.now() : (function() { return +new Date })(); 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 . const oneTrustCookie = getOneTrustCookie(); }).catch(() => {}); var slotid = "mps-getad-" + adunit.replace(/\W/g, ""); } TARGETED_ADS: 4, Save your data and watch offline. How are ratings calculated?Toggle ExpandToggle Expand. CONTENT_SELECTION_AND_MEASUREMENT: 7, But I do care about fixing the Mortgage Mess -- and getting it Right this time. Faber speaks with Former Federal Reserve Chairman Alan Greenspan who defends decisions he made that critics say laid the groundwork for the crisis. var mps = mps || {}; console.log('PUB-GDPR-CHECK Blocked Categories: ', blockedCategories); 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']; (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]? } 'cag[type_person]' : 'Alan Greenspan' , 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 . 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. (function() { Cramer interviewed David Faber, host of the program, to find out what the show is all about. if (!matches) { Faber follows the story from mortgage broker to homeowner, brokers to ratings agencies and all the way to former Federal Reserve Chairman Alan Greenspan. Please review our Terms of Use (. } Reviewed in the United States on March 7, 2015. if (window.top !== window.self) { CNBC_Comscore = 'CNBC_TV'; Trailer: Cleave. CNBC correspondent David Faber investigates the origins of the global economic crisis, with first person accounts from home buyers, mortgage brokers, investment bankers and investors most of whom let greed blind them, leading to the greatest financial collapse since the Great Depression. document.addEventListener("DOMContentLoaded", function(event) { return false; < 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. The documentary uses a clear-eyed and . const COOKIE_REGEX = /groups=([^&]*)/; mpsload.id = "mps-load"; } } The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. mps._ext = mps._ext || {}; return true; console.log('PUB-GDPR-CHECK all blocked. //begin OneTrust Redirect mps._queue.adload = mps._queue.adload || []; Date.now() : (function() { return +new Date })(); script.setAttribute("onerror", "setAdblockerCookie(true);"); Up to 6 user profiles. A 3 . return true; let cEnd = document.cookie.indexOf(';', cStart); Stream every touchdown from every game, every Sunday during the NFL regular season with NFL RedZone, along with hundreds of hours of live sports motorsports (MAVTV), horse racing (FanDuel TV/FanDuel Racing) to hunting and fishing (Outdoor Channel, Sportsman Channel). fetch('https://geo.cnbc.com/info/').then(res => res.json()).then(result => { cStart = cStart + name.length + 1; 'pubdate' : '1234477348' , 'site' : 'cnbc.com-relaunch' , return true; 'content_id' : '28984151' , We want to hear from you. if (document.cookie.length > 0) { return ''; mps._log('**** LOADED: Google PII Fix - cnbc-cms-header-insert'); "CNBC Documentaries" House of Cards (TV Episode 2009) cast and crew credits, including actors, actresses, directors, writers and more. head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); Redirecting. 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. This content was created by a Daily Kos Community member. console.log('PUB-GDPR-CHECK oneTrustCookie matches: ', matches); mps._queue.mpsloaded.push(function(){ The Definitive Look At The Origins Of Today's Global Economic Crisis. Documentary Review: House of Cards. What Are We To Do . Additional terms apply. el.parentNode.insertBefore(s, el); A Division of NBCUniversal. //end OneTrust Redirect Reviewed in the United States on December 31, 2018, Disgusting what Wall Street did to millions of Americans. (function(){ ', window.location); William Cohan. } typeof mps._gptfirst == "function" && mps._gptfirst(adunit, slotid); } Best Cash Back . 'cag[attribution_source]' : 'CNBC US Source' , Get this delivered to your inbox, and more info about our products and services. A new book, "House Of Cards" is out and it's a riveting read documenting a minute-by-minute account of ten of the most fascinating days in American history - the ten days in . Americans are facing the most crushing economic crisis since the Great Depression. mps._queue.mpsloaded = mps._queue.mpsloaded || []; script.setAttribute("onload", "setAdblockerCookie(false);"); The mantra on Wall Street was that home prices nationwide had not gone down in a single year since the great depression. Emmy Award Winner: Outstanding Documentary. These preview clips give you a sense of the Report, and the "real world" dialogs David Faber had with the Players involved. "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? , Studio mps._adsheld.push(adunit) for (var i in mps.response.dart.adunits) { 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. const OneTrustCategories = { Perhaps it would help critics to understand the need for some reasonable government regulation. const ONE_TRUST_COOKIE_NAME = 'OptanonConsent'; mps.cloneAd = function() { return false; } var dynamic_yield_enabled = 1 Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Access to award-winning Hulu Originals. })(); ;NREUM.info={beacon:"bam.nr-data.net",errorBeacon:"bam.nr-data.net",licenseKey:"356631dc7f",applicationID:"230538944",sa:1} Best 0% APR Credit Cards. var CNBC_Premium = CNBC_Premium || {}; See production, box office & company info. It also analyzed reviews to verify trustworthiness. Sunday, February 15th 9p ET All Credit Cards. An Emmy, Peabody, and Dupont award winner, David Faber is the anchor and co-producer of CNBC's acclaimed original documentaries as well as a contributor to CNBC's "Squawk on the Street.". mps._queue.adload = mps._queue.adload || []; if (cEnd === -1) { CNBC presents the definitive report on the defining story of our time. Release year: 2013. 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 . "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. 'cag[device]' : 'web' , CNBC investigates the public unraveling of investment manager Bernard Madoff's alleged multi-billion dollar Ponzi scheme. 'cag[brand]' : 'none' , 'hline' : 'Mad Money' , CNBC Originals are the best of the best in non-fiction feature programming, focusing on the business community's biggest stories. Got a confidential news tip? I thought the interviews with Allen Greenspan were enlightening. } 'is_sponsored' : '0' , })(); 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. ), The Lenders / House of Cards (Video Preview). cEnd = document.cookie.length; if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') { if (!_qs) { Go inside the race to beat obesity, where the waistline meets the bottom line. console.log('PUB-GDPR-CHECK Blocked Categories: ', blockedCategories); Kos Media, LLC. mps._adsheld = []; Monday, February 16th 8p | 12a ET 'cat' : 'CNBC feeds|CNBC Information and Policies|CNBC: News Releases' , 'id' : '29167221' , console.log('PUB-GDPR-CHECK oneTrustCookie matches: ', matches); American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage, Greenspan recommended in a speech to the Credit Union National Association. .split(',') Go behind-the-scenes at the crown jewel of horse racing, the Kentucky Derby at Churchill Downs, for an inside look at the multi-billion dollar industry. By TAN SRI LIN SEE-YAN function isEEARegionCheck() { }; There was an error retrieving your Wish Lists. Greenspan also admits that even he did not understand the details of the more complex securities on the market. const url = `${window.location.pathname}${window.location.search}`; return true; The most famous name on Wall Street is now the subject of both professional admiration and public scorn. $7.99/mo. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Best Cash Back . Enjoy a collection of popular favorites in Spanish CNN en Espaol, Discovery en Espaol, Discovery Familia, ESPN Deportes, History Channel en Espaol, and Universo. Since last summer, Americans have seen their investments shrink and their . Chronicles the sub-prime mortgage lending debacle in America on Wall Street, which affected global economies as well and let America into a recession. See here for the latest updates. 'cag[type_source]' : 'CNBC US Source' , mps._urlContainsEmail = function() { } Sunday, March 15th 9p ET, This Report WILL change the National Dialog, . New subscribers only. }); : })(); Meet the new breed of entrepreneurs cashing in on the Apps business. Trailer: Gray Area. "House of Cards" explains how we got into today's economic mess - with inside accounts from key players from home buyers to mortgage sellers to Alan Greenspan. if (typeof mps.getAd != "function") mps.getAd = function(adunit) { Please note that the Shop Hulu site is owned and operated by Snowcommerce. From the producers of American Greed, CNBC goes inside the corporate structure of the real New Jersey mob, uncovering how the Family earns money, makes investments, and eventually is brought down by the FBI. mps._debug('[MPS]: email address detected in url, bypass gpt. A Division of NBCUniversal. An upcoming CNBC documentary investigates the origins of the global economic crisis and calls Orange County the birthplace of the sub-prime mortgage. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/. and our 'subtype' : 'section' , : , Media Format mps._queue.gptloaded = mps._queue.gptloaded || []; .filter(categoryPreference => !categoryPreference.includes('0_') && categoryPreference.includes(':0')) Best Credit Cards. If you ever want to understand the mortgage meltdown we experienced a few years ago, this is the documentary to watch!!! var d = new Date(); var mps = mps || {}; script.setAttribute("async", true); 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']; 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. 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. The documentary is decent but it could have used a broader range. })(); Genres Special Interest, Documentary, Talk Show and Variety 'keywords' : '~' , .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); This story was originally broadcast on Jan. 27, 2008. He was the most powerful business man in the country, who had the presidents ear any time he wanted. var pixelurl = ((document.location.protocol === 'https') ? Chapter 5: Directed by Joel Schumacher. Sunday, February 15th 9p ET Act Now! mps.cloneAd = function() { return false; } isEEARegionCheck(); TARGETED_ADS: 4, Even this so-called negative amortization loan seemed to be acceptable to investors as long as home prices continued to go up. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Reviewed in the United States on June 11, 2010. var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; 'cag[type_franchise]' : 'CNBC: News Releases' , mpsload.src = "//" + mpsopts.host + "/fetch/ext/load-" + mpscall.site + ".js?nowrite=2"; Language : Unqualified. --Internal email Wall Street, 12/15/2006 'cag[template]' : 'story_simple' , if (isOneTrustAnyBlocked()) { Feb. 13, 2009. const blockedCategories = decodeURIComponent(matches[1]) A feud starts between Francis and Marty Spinella. Best 0% APR Credit Cards. 'path' : '/id/28984151' , } 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. if (cEnd === -1) { })(); A good history lesson on greed and stupidity, Reviewed in the United States on March 3, 2015. mps._adsheld.push(adunit) blah blah blah. function isEEARegionCheck() { 'cag[type_creator]' : 'Tom Brennan' , mps._debug('[MPS]: email address detected in url, bypass gpt. 18+ only. Americans are facing the most crushing economic crisis since the Great Depression. function getOneTrustCookie() { 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]+. } mps._queue.mpsinit.push(function() { 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. mps._queue.mpsinit = mps._queue.mpsinit || []; Jonathan Wald is the Senior Vice President, Business News at CNBC. var _qs = window.location.href; Full content visible, double tap to read brief content. /r/business brings you the best of your business section. This real explains the crash of 2008 and the housing bubble. , Actors CNBC is a crock. 'cag[attribution_author]' : 'Tom Brennan' , This was CNBC's live blog tracking developments on the war in Ukraine on April 26, 2023.
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