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Thursday, February 12, 2009

Tonight: See what caused the global economic crisis?

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House of Cards  CNBC

 
SEE HOW THE AMERICAN DREAM BECAME A NIGHTMARE
 

  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. Today, it is a grim reality, with bailouts, bankruptcies, and massive layoffs all stemming from a complex problem with a simple name: the credit crisis.

For the past year, we've been investigating the roots of this crisis. The result is a fascinating two-hour documentary, told through riveting first-person accounts from Wall Street insiders, aggressive lenders, desperate homeowners, and former Federal Reserve Chairman Alan Greenspan. "House of Cards" tells the gripping chronology of the buildup and ultimate collapse of the U.S. housing market, the definitive look at the defining story of our time.

First Look: Prologue
Bio of David Faber
  David Faber  


  HOW DO WE RESOLVE THE ECONOMIC CRISIS?

Take the poll and see what CNBC viewers are saying
 


 
 
The Man Who Profited
In a rare interview, Kyle Bass tells Faber how he was able to forecast the imminent collapse of the mortgage market and use that knowledge to fuel a 600% return on his hedge fund.

 
Admission from Fed Chief
Former Federal Reserve Chairman Alan Greenspan defends the decisions he made and makes some surprising admissions.
 


  ORIGINS OF THE FINANCIAL CRISIS "THEN AND NOW"
See some of the key players involved in the crisis, from 2001 through today.
Slideshow
 

  CNBC
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