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? asked in Arts & HumanitiesHistory · 7 years ago

How did the credit mobilier scandal impact stockholders and rail workers?

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  • spiffer1
    Lv 7
    7 years ago
    Favorite Answer

    It was a means for stockholders to hide profits from construction contracts.

    Stock and/or money went to influential politicians in return for political favoritism.

    Railway workers likely felt little to no direct impact as the result of this activity.

    Source(s): Stevens, Mark A. (ed.) - Merriam-Webster's Collegiate Encyclopedia. Springfield. Merriam-Webster: 2000, p. 411
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