credit mobilier scandal (jan 1, 1865 – dec 31, 1869)
Description:
Illegal manipulation of building contracts that people involved benefitted from. Credit Mobilier was a part of a complex arrangement where a few men contracted with themselves for the construction of the union pacific railroad. The manipulators reaped enormous profits but impoverished the railroad in the process.Added to timeline:
Date:
jan 1, 1865
dec 31, 1869
~ 5 years