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.
Here’s the video:
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2 users resposed " House of Cards – CNBC Investigative Special on Foreclosure Crisis "
March 10 2009
The current economy is a mess everybody knows it. What is amazing is how some people continue their daily life as if nothing changed and one such behavior is their attitude to credit cards. The first step Americans need to do is get rid of their credit card debt as it is the best symbol for how Americans lived above their means for so many years getting all of us to this big economy mess. First step is education. Here is a good resource to read about credit cards http://www.creditcardknowhow.info start with understanding and then please stop loading your cards with too many charges.
March 14 2009
Very interesting. The whole insurance thing is something that is easy to ignore and then to be surprised when you need it and it is not there. Do not neglect to get good insurance and also make sure you really read the policy for example know the limits and deductibles. The problem is that you really get to use that insurance you buy after long time and in bad circumstances as opposed to any other product you buy. Educate yourself by reading news about insurance like for example on sites like http://http://www.insurancelog.info and keep your policies fresh go over them eveyr now and then to make sure they are current and nothing has changed that needs to be reflected in the policy for example maybe you get another car or bought some expensive furniture that need to be added to your home insurance.
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