“Let’s hope we are all wealthy and retired by the time this house of cards falters.”
-Internal email, Wall Street, 12/15/06
Prophetic words that predicted the greatest financial collapse since the Great Depression. The current global economic collapse has its roots in the sub-prime mortgage crisis.
CNBC presents the definitive report on the defining story of our time. 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.
“House of Cards” premieres Thursday, February 12 at 8p | 12a ET.