This production by CNBC about how the housing crisis came to be is a facinating study and incredible reporting. One of the best shows I've seen in years. It simply gives the facts and uncovers the mass of confusion that reigned. When Alan Greenspan says even he didn't understand, then how in the world did Wall Street think they could grapple it and win. My favorite line is from the woman who grew up in Compton: "I am being held accountable for making bad choices, but who in that industry is being held accountable?....I am stupid, but you are guilty, litterally guilty."
House of Cards - CNBC.com
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Wednesday, August 19, 2009
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