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What is Credit Mobilier of America?

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CrŽdit Mobilier of America , ephemeral construction company, connected with the building of the Union Pacific RR and involved in one of the major financial scandals in American history.

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Get more facts and information about Crédit Mobilier of America from The Columbia Encyclopedia, Sixth Edition at Encyclopedia.com.

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BIG BUSINESS LEADS TO BIG SCANDALS.(United States history 1872 Credit Mobilier...
Magazine article from: Cobblestone ...breaks, and land grants. The Credit Mobilier of America scandal of 1872 is an example...construction company named Credit Mobilier. Union Pacific executives used...Oakes Ames began selling Credit Mobilier stock at a low price to his...
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Magazine article from: On Wall Street ...1852 with the founding of the Credit Mobilier, a business that offered savings...financial giants. Before the Credit Mobilier failed in 1867, the boom had...Union, and soon the Credit Mobilier of America was organized to finance the...
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Newspaper article from: The Philadelphia Inquirer (Philadelphia, Pennsylvania) (via Knight-Ridder/Tribune Business News) ...http://cprr.org/Museum/Chinese.html CREDIT MOBILIER. The railroad project was rife with scandals, and one of the biggest involved the shell company Credit Mobilier of America, which facilitated the awarding of contracts by...
L&H -- another example of big-time accounting fraud. (At Large).
Magazine article from: Accounting Today ...Corp. and Equity Funding Corp. of America? Pervasive fraud permeated all three...investing public and may even exceed the Credit Mobilier scandal of the 19th century when government...No one ever went to prison over Credit Mobilier.
A scandal for our time: Republicans ruled; ergo, Enron.
Magazine article from: The American Prospect ...Union Pacific Railroad formed a venture called Credit Mobilier of America, gave it contracts to build the railroad, and then sold or gave influential congressmen Credit Mobilier shares. When the lawmakers helped themselves by...
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