Crédit Mobilier of America scandal of 1872, the exposed deception by the Union Pacific of overcharging construction costs to taxpayers and manipulating the share prices of Crédit Mobilier of America
In 1872, the House of Representatives submitted the names of nine politicians to the Senate for investigation: Senators William B. Allison (R-IA), James A. Bayard, Jr. (D-DE), George S. Boutwell (R-MA), Roscoe Conkling (R-NY), James Harlan (R-IA), John Logan (R-IL), James W. Patterson (R-NH), and Henry Wilson (R-MA); and Vice President Schuyler Colfax (R-IN).
Its most famous inquiries are benchmarks in American history: Credit Mobilier, Teapot Dome, Army-McCarthy, Watergate, and Iran-Contra.
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