CNBC’s David Faber Publishes Book Follow-Up To “House of Cards” Documentary

Several months ago I pointed out that CNBC’s David Faber put together a two hour documentary about the housing bust and credit crisis entitled “The House of Cards.” I got lots of positive feedback from readers who watched the special so I thought I would let everyone know that Faber has written a book (just released) on the topic, which branches out from his television special.

The book is called “And Then the Roof Caved In: How Wall Street Greed and Stupidity Brought Capitalism to Its Knees” and it appears the early reviews are superb. On, for instance, the first 21 ratings from customers have all given the book 5 out of 5 stars. If the last few years of U.S. economics and finance interest you, I strongly recommend it if you are looking for some quality reading material.

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2 Thoughts on “CNBC’s David Faber Publishes Book Follow-Up To “House of Cards” Documentary

  1. barb sweeney on July 9, 2009 at 11:21 AM said:

    I did not see Faber’s documentary nor have I read his book “and Then the Roof caves In” but I did catch him on Squawk Box last week talking about his book.
    He has some very important facts wrong in his book. He blames the market for our financil crisis and defends Barnie Frank. In 2003 the Bush Administration warned about Fannie and Freddie and President Bush is taped doing this on September 25, 2003. Barnie Frank’s response was that Fannie and Freddie are not facing any financial crisis and he said “I don’t want saftey and soundness, I want to roll the dice on their situation towards subsidized housing.
    It wasn’t Bush that caused the problem but Barney and his cohorts.
    And then we have Acorn as vocal cheerleaders.
    So Faber’s book is totally incorrect.

  2. Chad Brand on July 9, 2009 at 11:33 AM said:

    You make the assertion that Faber’s book is totally incorrect, but you haven’t read it or seen the documentary? If you choose to do either, you’ll find out that it is not a politically motivated attack on Bush. I don’t know anyone who blames Bush for the financial crisis, and Faber doesn’t either in either of his works. Congress is certainly one of many parties partially to blame, but also keep in mind that both parties are at fault. Republicans controlled both the White House and Congress at the time.

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