Question

What was credit mobiler?

Answer 1

Crédit Mobilier was a sham construction company chartered to build the Union Pacific Railroad by financing it with unmarketable bonds. It also provided a mechanism to dispense the immense profits from building the railroad to the board of directors and its shareholders.

Step-by-step explanation:

Answer 2

Step-by-step explanation:

this was a two part fraud conducted from 1865 to 1867 by the union pacific railroad and the credit mobilier of American construction company