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It was called the Crédit Mobilier Scandal. It happened in the 1860 when the company set out to build part of the railroad and swindled the US taxpayers out of $23 MILLION. All of the money went to the bank accounts of the Union Pacific directors and the Crédit Mobilier stockholders.
Came from my US history book American Anthem: Reconstitution to Present
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What is the Pacific Scandal?
The Pacific Scandal was about bribes being accepted by members of the government for the national railroad contract. The scandal took place in Canada in 1873.
What was the scandal involving the union pacific railroad in which they bribed congressmen and fixed contracts?
cuz MacDonald didnt want to givve the liberals stuff so he took a AK-47 and shot them all down then sir Allen got a glock and went on a killing spree. then the prime minister of china invented Call of duty 52 and became the top ps9 player in the world he owned. finally godzilla ate a railroad and it was the pacific scandal info from Robjinder Sebanstina
French bribery scandal 1799 involving individuals identified only by letters of the alphabet?
The XYZ Affair.
Albert Fall found guilty of?
He was guilty of commiting a scandal involving
Jimmy Carter's failures with Congress were due partly to the changes brought on by the Watergate scandal?
true
What happened in the Credit Mobilier scandal?
Illegal manipulations were made in the construction of the transcontinental railroad.
The Credit Mobilier Scandal involved kickbacks and government corruption associated with the?
Construction of the First Transcontinental Railroad.
Congress can investigate abuses and scandal involving a government agency?
Yes.
What was the Credit Mobilier scandal of 1872 about in America?
The Credit Mobilier scandal which occurred in 1872 involved arguments with Union Pacific resulting from the building of the western part of the Transcontinental Railroad. The problems originated in 1864 during the presidency of Abraham Lincoln.
What railroad company was at the center of one of the biggest scandal's of President grants presidency?
Known as the Credit Mobilier Scandal, this involved the Union Pacific railroad.
What is president hardings biggest scandal involving oil?
Tea Pot Dome Scandal
What wa the name of the railroad construction scandal that caused president grant problems in 1872?
Credit Mobilier Scandal
What was the Credit Mobilier scandal about?
The scandal which took place for eight (8) years beginning in 1864 and coming to light in 1872 involved the Union Pacific Railroad (UPR) and the Credit Mobilier of America (CMA) company. Stock and cash bribes were paid to congressmen in order to overlook that the same owners of the UPR and CMA were constructing the railroad falsely representing the "independent" nature of UPR selecting the construction company for the building of the first Transcontinental Railroad. In essence, CMA and UPR conspired to charge the government far more than the cost to build the railroad in order to keep the profits to themselves.
What is the name of the real estate scandal involving the Clinton's in Arkansas?
Whitewater
Is there any scandal involving Aphrodite?
Affairs with other gods and mortals.
What was the main purpose of the company known as the credit mobilizer?
The main purpose of the Credit Mobilier company, established in the 1860s, was to finance the construction of the Union Pacific Railroad. It served as a construction company that overcharged the railroad for building the track, allowing its investors to profit significantly. The company became notorious for its role in a major corruption scandal involving politicians and railroad executives, highlighting issues of graft and influence in the burgeoning railroad industry.
What year did the credit mobilier happen?
The Credit Mobilier scandal occurred in the United States during the late 1860s, with its most significant revelations coming to light in 1872. It involved a construction company, Credit Mobilier of America, which was implicated in corrupt practices related to the building of the First Transcontinental Railroad. The scandal highlighted issues of political corruption and led to investigations that affected numerous politicians.
