(ALL TIMES IN ET)
Thursday, 05/28/2015:
10:00 PM DISHONESTY: THE TRUTH ABOUT LIES (P)
11:00 PM DISHONESTY: THE TRUTH ABOUT LIES
1:00 AM DISHONESTY: THE TRUTH ABOUT LIES
FOR TV HIGHLIGHTS CONSIDERATION:
DISHONESTY: THE TRUTH ABOUT LIES
There are liars and cheaters all around us. From little white lies to extraordinary acts of criminal deceit, this fascinating new CNBC documentary examines this darker side of the human character, and our culture, through first-person accounts from five people who explain with startling candor how their lies lead to disastrous results: a Wall Street trader and a lawyer who run an insider trading scheme that lands them in prison; a disgraced NBA referee, convicted of betting illegally on games; an unhappily married woman in Florida who goes online to cheat on her husband; and a senior manager caught cooking the books at a major corporation. All of them rationalized their behavior and somehow came to believe their acts were justified.
Woven throughout these gripping stories of deceit are clever laboratory experiments conducted by the noted behavioral economist and best-selling author Dan Ariely. Along with a team of researchers, he reveals why so many of us lie in big ways or small, how we can still feel we're essentially honest despite our duplicity, and what we can do to stem an epidemic of cheating that costs us billions in fraud and even more in the erosion of public trust.
Preview clips:
The Inside Traders
https://www.youtube.com/watch?v=V5AUpsvKleo
Garrett Bauer and Matthew Kluger were arrested in 2011 for an insider trading scheme that lasted 17 years. Here's how it began.
Hi-Tech Infidelity
https://www.youtube.com/watch?v=82AaqYD-T-I
Erika Nelson, a mother of 6, used a dating website that caters to married people to start an extra-marital relationship.
Scandal in the NBA
https://www.youtube.com/watch?v=oOjPbBlH6vQ
NBA referee Tim Donaghy used inside information to bet on games. He got so good at it that the mob made him an offer he couldn't refuse.
Cooking the Books
https://www.youtube.com/watch?v=PCbPQ6RGou4
Ex-con Walt Pavlo describes his role in MCI's accounting scandal.
The Fudge Factor
https://www.youtube.com/watch?v=V1jVvQbvZLQ
How do we lie and then sleep at night? Behavioral economist Dan Ariely says it's all about rationalization -- what he calls "The Fudge Factor."
The Matrix Experiment
https://www.youtube.com/watch?v=nMBR261CAN8
We all lie to some extent. Duke professor Dan Ariely uses his innovative matrix experiment to find out how much and under what conditions.
Do Bankers Cheat Twice As Much?
https://www.youtube.com/watch?v=i7MvCvMsHFI
Duke professor Dan Ariely says the 2008 financial meltdown was a perfect storm of dishonesty.
About CNBC:
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
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