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Crédit Mobilier was a French banking company founded in 1852 by the Pereire brothers, and one of the world’s most influential financial institutions in the mid-19th century. It financed numerous railroads and other projects, but also faced crises and reorganizations.
26 kwi 2010 · Crédit Mobilier. By: History.com Editors. Updated: October 17, 2022 | Original: April 26, 2010. copy page link. Print Page. Culture Club/Getty Images. The Crédit Mobilier scandal of...
Crédit Mobilier Scandal, in U.S. history, illegal manipulation of contracts by a construction and finance company associated with the building of the Union Pacific Railroad (1865–69); the incident established Crédit Mobilier of America as a symbol of post-Civil War corruption.
Definition. Credit Mobilier was a financial company established in the 1860s that played a significant role in the construction of the Union Pacific Railroad, known for its involvement in one of the largest corruption scandals in U.S. history.
The Crédit Mobilier scandal (French pronunciation: [kʁedi mɔbilje]) was a two-part fraud conducted from 1864 to 1867 by the Union Pacific Railroad and the Crédit Mobilier of America construction company in the building of the eastern portion of the first transcontinental railroad from the Missouri River to Utah Territory.
25 lut 2022 · The Crédit Mobilier Scandal was a complex fraud conducted from 1864 to 1867 by executives of the Union Pacific Railroad and a fictitious company called Crédit Mobilier of America in the building of the Transcontinental Railroad.
Definition. Crédit Mobilier was a French investment banking company that played a significant role in financing the construction of the Union Pacific Railroad during the 1860s.
