CNBC News Releases

Listings for CNBC's "American Greed"


(Wednesdays at 9:00pm and 12:00am ET)

All programming subject to change


Is it possible to run a criminal empire out of City Hall? According to the feds, that's exactly what Detroit Mayor Kwame Kilpatrick does during his six years in office. Once hailed as the savior of this struggling rust-belt metropolis, Kilpatrick is actually the leader of a cabal that cost the city millions of dollars. Throughout his tenure, Kilpatrick and his friends extort city contractors, abuse public funds, and turn the mayor's office into their own cash-making machine. But while the mayor counts his cash, it's a high-profile sex scandal that ultimately brings him down. The trial and resulting publicity eventually expose the mayor's dirty deeds for all to see.


Oh my God," the caller gasps in horror, choking back tears. "Ma'am," the 9-1-1 dispatcher replies evenly, "can you tell me what's going on?" At Peregrine FinancialGroup – a leading commodity futures brokerage – employees are struggling to revive founder and CEO Russell Wasendorf Sr. The 64-year-old entrepreneur has taken an overdose of sleeping pills while attempting to asphyxiate himself in his car with exhaust fumes. Until today, Wasendorf appeared to have it all. But in a signed confession found at his side, he reveals an extraordinary fraud that he perpetrated for the past two decades, deceiving financial regulators and robbing his customers of more than $200 million.


CNBC's shocking true crime series examines the dark side of the American Dream. Some people will do ANYTHING for MONEY.

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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 16 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 8:00 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 is the all new CNBC Prime featuring a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC including "American Greed" and "Crime Inc." and a number of distinctive in-house documentaries.

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