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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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Wednesday, February 11, 2009

CNBC.com's News Now: Barney on Bank Bonuses

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DOW 7939.53 50.65 +0.64%
NASDAQ 1530.5 5.77 +0.38%
S&P 833.74 6.58 +0.8%
A CNBC ORIGINAL: HOUSE OF CARDS - THE DEFINITIVE LOOK AT THE ORIGINS OF TODAY'S GLOBAL ECONOMIC CRISIS - PREMIERES TOMORROW AT 8P ET |9P PT ON CNBC
  Wednesday, Feb. 11, 2009
 
 
WHAT YOU SHOULD KNOW
 
  Stocks Close Higher, Lifted by Stimulus Pact
Stocks closed slightly higher as Wall Street welcomed news that House-Senate negotiators had reached agreement on an economic stimulus bill. Congress and the Obama administration reached a deal...read more
 

  Stimulus Pact Is Reached; Some Issues Still Pending
Congressional negotiators agreed on a $789 billion package of spending and tax cuts to help pull the US economy out of a tailspin. But one congressional aide said there was no deal yet on money for school construction and states...read more
 

  New TARP Reporting Form May Shed Light On Lending
The Treasury Department will soon release documents providing information about the lending activities of the biggest 20 financial firms receiving government aid under the TARP plan....read more
 


  TODAY'S TOP 5 VIDEOS  
  1. Barney on Bank Bonuses
As the Hill prepares for the TARP accountability hearing, House Financial Services Committee Chairman Barney Frank, D-Mass., says past mistakes of the financial industry must be avoided
 

  2. Dimon on TARP
James Dimon, JPMorgan Chase & Co. CEO discusses his bank's use of federal assistance by the TARP
 

  3. Wien Bullish on Geithner's Plan
The White House is addressing the credit crisis with intelligence and lawmakers are helping the economy get back on track, says Byron Wien, Pequot Capital chief investment strategist
 

  4.Ross Defends Geithner
Wilbur Ross defends the bank rescue plan of Treasury Secretary Timothy Geithner and expresses his surprise the Democrats would suggest a public-private solution.
 

  5. Stop Trading, Listen to Cramer!
Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett
 

  Click here to view all of today's top videos on CNBC.com
 

  CNBC.com BLOG OF THE DAY  
  BLOG OF THE DAY Jeweler Maker Boasts Unexpected Prize: Bar Refaeli's Neck
Yesterday was a good day for jeweler maker Robindira Unsworth. Robindira, who designs jewelry with her husband Robert on their collection, discovered that their Three Strand 22K Gold Vermeil Hammered Bead Necklace was featured on the neck of model Bar Refaeli on the cover of the Sports Illustrated Swimsuit Issue.

See All CNBC.com Blogs
 

CNBC Plus Watch CNBC tv anywhere! Watch CNBC live on your desktop. Click here to find out how.

  NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS  
CNBC First in Business Worldwide

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Tuesday, February 10, 2009

Dow Skids Nearly 400 After Bailout Is Revealed

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DOW 7888.88 -381.99 -4.62%
NASDAQ 1524.73 -66.83 -4.2%
S&P 827.16 -42.73 -4.91%
A CNBC ORIGINAL: HOUSE OF CARDS - THE DEFINITIVE LOOK AT THE ORIGINS OF TODAY'S GLOBAL ECONOMIC CRISIS - PREMIERES THURSDAY 8P ET |9P PT
  Tuesday, Feb. 10, 2009
 
 
WHAT YOU SHOULD KNOW
 
  Dow Skids Nearly 400 After Bailout Is Revealed
US stocks fell sharply Tuesday in a broad-based decline as the government announced details of its latest bailout plan...read more
 

  Sirius XM Prepares Possible Bankruptcy Filing
Sirius XM Satellite Radio has been working with advisers to prepare for a possible bankruptcy filing in a move that could put pressure on satellite company...read more
 

  Five Reasons the Markets Don't Like the Bank Bailout
"I'm really underwhelmed by the plan," says one market pro. "Maybe there's not much that can be done right now other than let this work itself out."...read more
 


  TODAY'S TOP 5 VIDEOS  
  1. Senate Passes Stimulus
The Senate has passed their version of the stimulus bill, with CNBC's Bob Pisani, Rick Santelli and Dennis Kneale
 

  2. Geithner's Plan
Treasury Secretary Timothy Geithner outlines the new comprehensive financial stability plan
 

  3. Geithner on the Financial System
Treasury Secretary Timothy Geithner says details of the plan will not be brought out until the government gets it right, with CNBC's Steve Liesman & NBC's Brian Williams
 

  4. Bernanke on Credit
Fed Chairman Ben Bernanke speaks in front of the House Financial Services Committee
 

  5. Pisani & the Supermodels
After the SI swimsuit models ring the NYSE closing bell, CNBC's Bob Pisani discusses the magazine, their experience during the photo shoot and what it means to their careers.
 

  Click here to view all of today's top videos on CNBC.com
 

  CNBC.com BLOG OF THE DAY  
  BLOG OF THE DAY Intel's Otellini Talks To Me About Big Expansion
I just got finished speaking with Paul Otellini, Intel's CEO, about his company's massive expansion plans, announced earlier today, and he tells me while his news wasn't enough to turn red ink into black on Wall Street, it did bring a smile to the face of at least one person.

See All CNBC.com Blogs
 

CNBC Plus Watch CNBC tv anywhere! Watch CNBC live on your desktop. Click here to find out how.

  NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS  
CNBC First in Business Worldwide

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