Credit Mobilier

Credit Mobilier may refer to:

  • Crédit Mobilier, a large French bank
  • Crédit Mobilier of America, an American railroad construction company setup by the Union Pacific Railroad to build the First Transcontinental Railroad in the 1860s (there was no connection of Crédit Mobilier of America with the French bank, the name was selected to give the appearance of credibility)
  • Crédit Mobilier of America scandal of 1872, the exposed deception by the Union Pacific of over charging construction costs to taxpayers and manipulating the share prices of Crédit Mobilier of America

Famous quotes containing the word credit:

    If you love those who love you, what credit is that to you? For even sinners love those who love them.
    Bible: New Testament, Luke 6:32.